Crypto longs get crushed: $526M liquidated in 60 minutes!
More than $526 million in crypto positions were liquidated in a single 60-minute window, with long positions absorbing…
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.
More than $526 million in crypto positions were liquidated in a single 60-minute window, with long positions absorbing…
Over $500 million was liquidated from the cryptocurrency market in the span of a single hour, a cascade that swept…
Bitcoin slipped below the $62,000 mark, breaching a level that had served as a near-term support zone for the market…
The flaw let an attacker mint unlimited untraceable ZEC since Orchard activated in May 2022 — and Shielded Labs cannot rule out prior exploitation before the June 1 emergency patch.
The trigger was a Broadcom chip miss, but the real story is the structural bid leaving the market: 13 straight sessions of spot BTC ETF outflows and Strategy's first disclosed sale since 2022.
Strategy alone absorbed $11B of the wipeout, with Bitmine and SharpLink's $ETH treasuries adding another $11B — the first stress test for the corporate-treasury trade.
A 24-hour cascade hit markets hard: over $1.1B in liquidations, a critical Zcash counterfeiting flaw, and a House panel teeing up crypto tax legislation.
Thirteen straight sessions of ETF outflows meet a cost-of-production floor near $60K, while Schwab's research chief argues miner economics mark the bottom — and every prior bear cycle touched this…
The chart just tested the most important support in XRP's entire post-settlement history — a single bad macro day next week could close it below $1.20 and unwind the regulatory-clarity premium.
The advice from Joe Nakamoto frames wrench attacks as a real-world endorsement of Bitcoin's value — and a direct rebuttal to ECB chief Christine Lagarde's 'no intrinsic value' line.
1K $BTC (≈65.7M) moved from Coinbase Institutional to unknown new wallet.
1K $BTC (≈64.1M) moved from #Kraken to unknown wallet.
3.4K $BTC (≈215.7M) moved from Coinbase Institutional to unknown new wallet.
821 $BTC (≈52.4M) moved from #Kraken to unknown wallet.
On January 10, 2009, Finney was the first person to run Bitcoin — and his mid-2010 thesis that mere survival justified a higher price has only strengthened with every cycle since.
1.7K $BTC (≈109.1M) moved from unknown wallet to Coinbase Institutional.
1.7K $BTC (≈106.2M) moved from unknown wallet to Coinbase Institutional.
921 $BTC (≈58.5M) moved from unknown wallet to #Coinbase.
Reza Bundy pairs a six-month drawdown thesis with Nouriel Roubini against a multi-year $150K-$500K range he maps to four global macro paths — the tension between the two halves is the story.
The transfer is technically a routing step, not a sale — but with creditors still owed and the bankruptcy estate the largest single overhang on BTC, every credit-rail move during a weak tape is read…
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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