Crypto Liquidations Wipe $113M in Leveraged Positions in 24h
Longs carried the bulk of the damage in a thin-liquidity move that reset leverage and reset the funding tape heading into a new trading week.
Bitcoin (BTC) is the first decentralized cryptocurrency, introduced in 2009 by an individual or group operating under the pseudonym Satoshi Nakamoto. It runs on its own blockchain, the Bitcoin network, secured through a Proof of Work consensus mechanism in which miners use computing power to validate transactions and produce new blocks roughly every ten minutes. The protocol defines a hard cap of 21 million coins, and the block reward given to miners is automatically halved approximately every four years, embedding a predictable, disinflationary issuance schedule into the network. This scarcity, combined with permissionless access and resistance to censorship, has led many to characterize Bitcoin as a form of digital gold or a store of value distinct from traditional fiat currencies. Beyond peer-to-peer transfers, the Bitcoin ecosystem has expanded to include Ordinals, a method of inscribing data onto individual satoshis that enables NFT-like assets directly on the base layer, and BRC-20, an experimental fungible token standard built on those inscriptions. Emerging Bitcoin Finance (BTCFi) initiatives extend these capabilities further, allowing BTC to be used in staking, lending, and cross-chain security applications, positioning Bitcoin as a foundation for a broader decentralized financial ecosystem.
Longs carried the bulk of the damage in a thin-liquidity move that reset leverage and reset the funding tape heading into a new trading week.
The sales landed after two collateral calls in 2026 and with some loans able to liquidate inside 12 hours, a reminder that treasury-BTC balance sheets carry leverage few investors price in.
The shutdown clock is real, not speculative: users have hours, not weeks, to migrate balances, open orders, and positions before the venue's order books go dark.
Two weekly expiries through Deribit knocked out the dealer-hedging excuse for Bitcoin's flat tape. The remaining big bet needs 9% upside by July 31, two days after a Fed meeting markets can't call.
The suit tests whether perpetuals are futures or swaps under the Commodity Exchange Act, a ruling that decides whether the offshore leverage machine becomes a domestic product or stays gated behind…
The four-price map ($68k, $65k, $62.5k, $60k) is more than technical noise: ETF flows, the Fed's July 28-29 meeting, and short-term-holder cost basis all converge on the same weekly close.
Zach Pandl pushes back on the four-year cycle thesis, arguing the floor is in if the Fed holds steady on rates, with the next real test arriving in late summer.
Search interest often leads price by a week or two, so a BANK triple-digit move plus a near-90% flush in DEXE is worth flagging even when the tickers are mid-cap and unfamiliar.
The drop from a February peak above 80% resets the timeline for the market-structure bill that US crypto derivatives, DeFi protocols, and offshore exchanges have been positioning around.
The cost is the friction of two clearing systems that refuse to recognize each other's hedges, and it can flip direction: the same comparison produced a negative 4.77-point reading at the fifth…
YouTube views, subscriber growth, and X follower rates across crypto creators are down 80-95% from the 2021 peak, putting the current social cycle on par with 2018.
All-time production but zero retention: when even a low-cost vertically integrated miner dumps the entire monthly haul, the read is that the marginal cost of hashrate still doesn't pencil out at…
The thesis argues the macro cycle, not the four-year halving, drives altcoin rotations: two prior altcoin seasons ignited within months of PMI prints above 55, and the current 53.3 reading sits just…
The year-to-date picture has flipped: cumulative net flows into US spot BTC ETFs sit below zero for 2025, a reversal from the first months of the year when every week printed green.
The partnership pairs three of Washington's most distinctive vendors: a data-mining giant, an AI defence prime, and a small bitcoin-focused think tank co-led by a former SEC chair.
The transaction ban hits Aug 23, but the bigger structural signal is new Brussels authority to sweep in entire third-country crypto sectors if platforms there keep aiding sanctions evasion.
Russia's biggest bank is wiring crypto into its balance sheet under a law that legalizes broker-channel trading from Sept. 1, with licensed-intermediary rules tightening in July 2027.
Ether funds pulled in more than three times as much new capital and now match BTC ETFs on a three-week basis despite holding roughly an eighth of their assets.
An unchanged rate decision still tightens: €39.4B of June runoff, another €31.1B pencilled in through July, and European banks pulling back on credit leave Bitcoin competing for scarcer capital at…
The president's own token and stablecoin businesses are now the political friction point in a bill that would split SEC and CFTC oversight of digital assets, and the standoff threatens to push final…
Bitcoin is the world's first decentralized cryptocurrency, created in 2009 by the pseudonymous Satoshi Nakamoto.
Bitcoin (BTC) launched on 2009-01-03.
Bitcoin (BTC) is categorised as: Smart Contract Platform, Layer 1 (L1), FTX Holdings.
The official Bitcoin site is http://www.bitcoin.org.
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