Bitcoin’s surge to $77K pressures shorts, but absent spot and long leverage caps rallies
Bitcoin bulls took another swing at the $77,000 resistance, but profit-taking and traders’ reluctance to increase margin and spot longs…
Category: News
US Senate bans itself from betting on prediction markets
The US Senate unanimously passed a rule banning members and staff from prediction markets, with a similar resolution set to…
Spot Bitcoin ETF outflows top $490M: Is BTC’s rally losing momentum?
Spot Bitcoin ETF outflows reached $490 million as crypto investors considered the impact of high oil prices, Big Tech earnings…
Repeated Bitcoin profit taking near $77K suggests rally is losing steam
Short-term traders took profit each time BTC rallied above $77,000, creating overhead sell pressure that has capped BTC’s ability to…
U.S. senators won’t be weighing in on prediction markets bets after banning themselves
The Senate agreed unanimously to revise its rules to ban members and their staffs from wagers on prediction markets platforms.
Bitcoin slides toward $75,000, ETH, SOL, XRP drop as oil hits four-year high
Crypto sold off across the board with bitcoin down 2.1% and ether off 3.4% as Brent crude surged 7.1% to…
Twenty One Capital rises on proposed merger with Strike and Elektron
Tether proposed that Elektron founder and CEO Raphael Zagury serve as president of the proposed merged company, while Strike’s Jack…
Hyperliquid’s HYPE token could be its prediction market weapon, Arthur Hayes says
HIP-4 could become a dominant prediction-market venue because Hyperliquid users can get economic exposure to platform usage through HYPE, unlike…
US, UAE and China joint effort dismantles 9 crypto scam centers
In another police action, European police arrested 10 people and took down three scam centers, estimated to have stolen over…
CFTC pulls Wisconsin into fight over prediction market jurisdiction
The US Commodity Futures Trading Commission has sued Wisconsin in the agency’s fifth lawsuit against a US state to assert…