Crypto News

Bitcoin (BTC) has steadied since last Tuesday, bouncing to its 200-day average above $84,000 over the weekend. Still, a crypto whale has taken a contrarian stance by raising a leveraged bearish bet on BTC worth millions on Hyperliquid while betting bullish on the MELANIA token.As of writing, the whale held a short position in BTC perpetual futures worth over $445 million, generating an unrealized gain of $1.3 million. The position employed a 40x leverage and a liquidation price of $86,000, according to data source Hyperliquid and Lookonchain. The outsized short anticipating a bitcoin price slide made waves on social media X on Sunday as pseudonymous trader CBB invited other market participants for a consortium of bulls aimed at liquidating the...

In response to the security threats, OKX has implemented a hacker address detection system and a mechanism to block suspicious addresses.Source link

Coinbase is deepening ties with 145 U.S. government entities as the nation accelerates bitcoin adoption, signaling unprecedented institutional demand and a seismic shift in crypto policy. Coinbase Strengthens Ties With Governments as US Embraces Bitcoin Coinbase CEO Brian Armstrong highlighted the company’s expanding partnerships with government entities in a social media post last week. HeSource link

Bitcoin faces a steep decline if the Nasdaq downturn deepens, warns Peter Schiff, predicting a wave of panic selling that could shake investor confidence and destabilize markets. Peter Schiff Predicts Bitcoin Collapse if Nasdaq’s Downturn Becomes a Full Crash Economist and gold advocate Peter Schiff has issued a stark warning about bitcoin’s future, suggesting thatSource link

The private block trade was done ahead of a futures launch as CME prepares for a possible Solana ETF, expected by some to occur this year.Source link