Bitcoin hits $85,000 as short squeeze forces out $648 million of bearish bets
Open interest climbed 7.59% to $156 billion even as positions were closed out, a sign traders are chasing the move rather than stepping back.
Open interest climbed 7.59% to $156 billion even as positions were closed out, a sign traders are chasing the move rather than stepping back.
Bitcoin hit $85,000 for the first time since January as markets focused on cooling oil prices.
X has sued Vivek Kumar Sen and Zmyang Sherpa for running fake bitcoin headline accounts to fraudulently earn creator rewards from the platform.
France is the worst-hit country in the world for these attacks, with more than 70 logged in the first eight months of 2026.
X alleges six Bitcoin-focused accounts coordinated posts and engagement to inflate creator payouts, with claimed and projected losses of at least $378,000.
Your look at what’s coming in the week starting Sept. 21.
South Korea’s second-largest bank’s $100 million foreign-currency bond blockchain issuance shortened settlement time to the same day from three to five business days.
Crypto majors climbed alongside equity futures on Monday, with Monero’s XMR up 13%, as Brent fell for a fourth straight session and traders positioned ahead of a Trump-Xi summit later this week.
ZetaChain plans to wind down its Cosmos-based layer 1 and migrate ZETA to Solana, joining other crypto projects moving away from standalone chains.
The Bank of Korea’s new network will let foreign investors settle won transactions during business hours in their home countries.
A trader alleged on X that Kalshi is inflating trading volumes in its ether perpetual futures.
Bitcoin’s move above its 50-week moving average has historically marked the end of bear markets, but analysts say one weekly close isn’t enough to confirm a new bull run.
The five-year digital bond reportedly shortened settlement from three to five business days to the same day using Euroclear’s blockchain infrastructure.
Bitcoin extended a slow climb through the Asian session while regional equities and U.S. stock futures rose on progress in trade talks between Washington and Beijing.
Bitcoin’s price has topped its 50-week average for the first time in 45 weeks, a major bullish signal.
North Korean cyber group WaterPlum targeted developers with fake jobs at crypto, AI and NFT companies, infecting at least 30,000 devices across more than 100 countries.
Crypto missed out CLARITY, but tokenized stocks were legalized and the Bitcoin Reserve advanced. Meanwhile Standard Chartered says Arbitrum’s price could increase 70 times by 2030.
After banks lost their push for tighter stablecoin rules in the failed Clarity Act, JP Morgan scored a narrower win as Visa moves to stop meme coin purchases from being coded as ordinary “digital media” and earning card rewards.
The crypto platform’s market value has fallen to about $753 million, putting fresh attention on the licenses, custody infrastructure and customer relationships a buyer could inherit.
A Glassnode and Bybit report frames the divergence as the defining feature of this cycle, with froth pooling in the market’s riskiest corners even as Bitcoin does the heavy lifting.
Trump posted on Truth Social that his new project would manage the fast-growing sector without adding regulations that could slow innovation.
Goldman Sachs and Citizens analysts said the agency’s move create new opportunities in custody, tokenization infrastructure and stablecoin settlement, while giving brokers room to expand onchain products.
Market experts view bitcoin’s price stability as evidence of its fundamental independence from Washington, maintaining that global liquidity and adoption cycles remain the primary growth drivers.
At the close of trading on Sept. 28, shareholders will receive two extra shares for each one they hold.
The partnership is non-exclusive, and Anthropic expects to announce other evaluators in forthcoming weeks with which it will also work.
The new ASSX fund offers 2x daily exposure to Strive shares, giving traders a leveraged way to bet on the Bitcoin treasury company.
Kalshi’s proposal would bring perpetual futures tied to individual stocks to US traders, as Coinbase and Bitnomial pursue similar products.
The Clarity Act failed to advance in the Senate, shifting the industry’s focus to a new wave of action from the SEC and CFTC.
VanEck said Metaplanet’s executive equity exposure remains well above its digital asset treasury peers, even after the company cut its potential share pool by 41%.
A Glassnode and Bybit report found Bitcoin climbed 24.6% in five August days even as active leverage fell, with short positions supplying 89% of every liquidated dollar.