Crypto News

Bitcoin's rapid price rally has caught traders off guard, triggering large liquidations of bearish short positions.The leading cryptocurrency by market value has risen over 3% to $102,500 in the past 24 hours, with prices topping $104,000 at one point, the highest since Jan. 31. The bullish move came as President Donald Trump announced a comprehensive trade deal with the U.K. and the cumulative inflows into the spot exchange-traded funds (ETFs) hit a record high above $40 billion.The broader market rallied as well, with the total market cap of all coins excluding BTC surging by 10% to $1.14 trillion, the highest since March 6, according to data source TradingView.That has led to substantial liquidations of bearish short positions, or leveraged plays...

Steak ‘n Shake hinted at Bitcoin support in March, signaling early interest in crypto adoption before making its full-scale move public.Source link

The 22-year-old dev behind $LLJEFFY was discovered alive days after a viral suicide video and obituary drove the token to a $105M market cap.Source link

Bitwise taps Icapital’s 100,000-strong advisor network to launch high-octane crypto strategies built for alpha generation, redefining institutional access to the digital asset frontier. Bitwise Leverages Advisor Army to Roll out Next-Gen Crypto Playbook Global crypto asset manager Bitwise Asset Management announced on May 7 a new partnership with fintech investment platform Icapital, aimed at expandingSource link

The Bitcoin mining firm saw its earnings plummet as accounting rules forced it to face unrealized losses for its massive crypto holdings.Source link