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View More NewsBitcoin (BTC) may have a clear path to $90,000 after $7.9 billion in short liquidations in February put pressure on the bears. Data show liquidations came in three waves that extended from February through April. The liquidations highlight a growing imbalance as BTC traders continue to build short positions above $80,000, while the price holds firm, creating repeat conditions for future short squeezes.Repeat short squeezes pressure bearsBitcoin researcher Axel Adler Jr. tracked over $7.9 billion in forced short liquidations since early February. The largest spike hit $737 million on Feb. 13, followed by multiple waves through March and April. The liquidation…
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Iran claims truce has been violated: The U.S. military reported yesterday that it had destroyed six Iranian small boats (in addition to a handful of drones) as part of “Project Freedom,” President Donald Trump’s new attempt to reopen the Strait…
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Four years ago, comedian Sarah Silverman told her podcast listeners about how disappointed she was in her friend Dave Chappelle—who’d just done a Saturday Night Live monologue in which he’d (kind of) defended antisemitic gestures from rapper Kanye West and basketball star Kyrie Irving. For about ten minutes, Silverman chirped away anxiously on the subject, feebly attempting to reconcile her personal affection for Chappelle with the creepy content of his SNL set. The whole thing felt tense and halfhearted. Silverman even admitted at one point that she hadn’t wanted to talk about the subject at all, but had been pressured…
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Defend American Jobs, the cryptocurrency-backed political action committee (PAC) affiliated with Fairshake, reported spending more than $500,000 on media to support a Republican incumbent…
In brief TikTok account IABatida turned “O Sapo não lava o pé,” a classic Brazilian nursery rhyme, into a smoky 1950s blues number performed…
Recent reports suggest the Trump administration is now considering new oversight for advanced AI models like ChatGPT, Claude, and Gemini. Few details have been…
from the iokwyar dept Last December, Justice Alito told Texans they had to vote under an unconstitutional gerrymander because changing maps in December would…
Shares of Figure Technology Solutions have risen nearly 10% over the past month, but the stock still appears undervalued as the company pivots beyond…
In brief Michael Burry sold his entire GameStop position Monday after the company’s $55.5B eBay bid. He flagged debt levels incompatible with his “Instant…
from the gosh-who-could-have-predicted dept A key takeaway of the Trump II admin is that they came in declaring a whole bunch of things to…
Miami, FL — Crypto doesn’t need regulation – something that charting the price of bitcoin over successive U.S. governments clearly shows, according to the…
Binance will change how it calculates benchmark prices for commodity-based perpetual futures during off-hours, a move that could affect margin and liquidation levels during…
In brief Coinbase is cutting roughly 14% of its workforce, CEO Brian Armstrong announced Tuesday, citing crypto “down market” and AI-driven productivity shifts. Armstrong…
Miami Beach, FL — A growing group of Wall Street and crypto executives say the financial system is heading toward a breaking point, as…
Open interest in perpetual futures markets and onchain trading patterns suggest some traders may have positioned ahead of Robinhood crypto listing announcements, according to…
