Bitcoin tests $75,000 as $200 million in shorts face liquidation risk
Bitcoin price approaches $75,000 level with $200 million in shorts at risk of liquidation, rising open interest and shifting volatility dynamics in focus. Source: CoinDesk
Bank of Korea nominee backs central bank-led digital currency, sees limited role for stablecoins
The nominee, Shin Huyn-song, supported a central bank digital currency model, emphasizing the need for strict anti-money laundering and compliance controls. Source: CoinDesk
Strategy's STRC sees record-breaking trading day, may surpass that on Tuesday
Estimated bitcoin purchase from STRC of around 7,800 BTC could mark the largest single-day addition since the preferred stock’s debut. Source: CoinDesk
DOJ Opens $40M Compensation Process for OneCoin Crypto Fraud Victims
Victims of the $4 billion OneCoin scam can petition for the opportunity to recover funds from over $40 million in forfeited assets. Source: Decrypt
NFT bull Steve Aoki sells his SHIB, ETH, and PEPE. His Bored Apes are down 88%.
The DJ who told CoinDesk in 2021 that NFTs would be “part of culture” within five years is quietly exiting crypto. Source: CoinDesk
Nikita Bier says crypto has had a rough year, hints at building something new as X Money launch nears
The head of product’s viral one-liner lands weeks before Elon Musk’s fiat payments app goes live with a 6% yield and a Visa card Source: CoinDesk
Little-known token ranks alongside bitcoin and ether in the top three — just not in the way you think
RAVE has surged several thousand percent in seven days, driving frenzied trading activity and large liquidations, second only to industry leaders bitcoin and ether. Source: CoinDesk
Japan's central bank cools rate hike expectations, removing a key risk for bitcoin's rally
The BOJ’s dovish shift keeps the yen carry trade alive, the same trade whose unwind crashed bitcoin 24% in two days in August 2024. Source: CoinDesk
Dogecoin climbs 3% toward 10-cents as ether breakout drive memecoin bets
Strong institutional activity pushed DOGE out of consolidation, but the real test sits just above current levels. Source: CoinDesk
XRP climbs 3% to $1.37 as accumulation builds, but key breakout still ahead
Strong volume and rising demand contrast with deeply bearish sentiment, setting up a potential move if $1.42 clears. Source: CoinDesk