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View More NewsThe contracts traded just 1.6% apart on average when both markets were active, and traded near $92 and $94 most recently, translating to a more than 300% upside from the IPO price.That fourfold premium also means Unitree could have a blockbuster debut and still leave leveraged bulls nursing steep losses.“Unitree can open at twice its IPO price and still liquidate a third of long exposure,” Allium said.An opening around $45, double the IPO price, would still be about 52% below the current perp price and could liquidate roughly 33% of long exposure, the analysts said. At the other extreme, a…
Bitcoin (BTC) long positions are “facing liquidation” as volatility shows signs that a range breakout is finally coming.Key points:Bitcoin long positions face multiple threats as BTC price action heads toward new August lows, analyst warns.The correlation between Binance open interest and price reached 0.25 on Thursday as both fell.The Bitcoin bull market is not ready to make a comeback, CryptoQuant CEO Ki Young Ju says.Bitcoin longs feel the squeeze as price dropsInsights published on onchain analytics platform CryptoQuant by community analyst “BorisD on Thursday said that leveraged long BTC positions are being flushed out as BTC/USD targets month-to-date lows.BTC/USD one-hour…
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“Dogma,” Albert Einstein told an audience at the Sorbonne in 1929, “is the enemy of progress.” Just kidding—it’s what ChatGPT whispered in the ear of the rector of my university at the start of this academic year after she decided to outsource her inaugural address to AI. The speech she delivered was a string of grammatically impeccable platitudes garnished with four quotations, three of which turned out to be hallucinations—the kind of false erudition that academics like to flaunt. The fourth quotation was real, but it was a cringeworthy piece of self-flattery lifted from an obscure 1946 speech: “There are…
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Cointelegraph is committed to providing independent, high-quality journalism across the crypto, blockchain, AI, and fintech industries.All news, reviews, and analyses are produced with full…
In brief OpenAI employees told Wired that pressure to release models and products has made it difficult to prioritize safety, security, and alignment. A…
from the never-wrong-prez-just-dying-to-be-wrong-again dept This is why having a case dismissed with prejudice is important. Trump’s cronies/donors — who were paid millions to do…
Yesterday’s Seventh Circuit opinion in McDonald v. Trustees of Indiana Univ. held that public university professors lacked standing to challenge a state law that…
Cryptocurrency custody firm Copper has been out shopping itself, seeking a buyer willing to pay about $500 million for the platform, according to two…
Key points:Bitcoin is at a critical juncture, as a close below $76,000 may deepen the pullback toward $70,000.HYPE and ZEC are in an up…
In brief Individuals and entities tied to the trafficking of fentanyl were added to the OFAC sanctions list. Some members allegedly turned cash into…
The bipartisan surface transportation reauthorization bill released earlier this week by the House Transportation and Infrastructure Committee would reform an obscure safety rule that…
Securitize reported record quarterly revenue as the tokenization platform continued advancing toward an eventual public listing through its proposed SPAC merger with Cantor Equity…
Tether has acquired SoftBank Group’s stake in Twenty One Capital, the Bitcoin treasury company that is expanding into lending, mining and capital markets services,…
In brief Qwen 3.7 Max debuted on Arena AI on May 14, 2026 —five days before the Alibaba Cloud Summit. The model ranks #13…
from the doomed-to-repeat-it dept When I was in high school, part of the mandatory social studies curriculum included watching the miniseries Roots in class…