Crypto News

Bitcoin continued its ascent on Monday morning, achieving yet another all-time high in its price record. The leading cryptocurrency reached nearly $122,600 on Bitstamp, with analysts suggesting that this is just another stepping stone on the path to even higher highs. Bitcoin has continued its rise to all-time high prices on Monday morning, having reachedSource link

More than $680 million in crypto positions were liquidated over the past 24 hours with short traders taking the bulk of the pain as a bitcoin (BTC) breakout above $121,000 triggered a chain reaction across derivatives markets.Roughly $426 million of the total liquidations came from bearish bets, according to Coinglass data, making it one of the largest weekend liquidation events in recent months. The largest single order, a $92.5 million BTC short, was flushed on HTX.BTC alone saw $291 million in forced closures, with futures tracking ether (ETH) and XRP (XRP) following at $68 million and $17 million, respectively. XLM (XLM) and pepecoin (PEPE) also posted elevated activity, signaling that the squeeze extended deep beyond major tokens.Meanwhile, dogecoin (DOGE), Solana's...

Storm’s legal counsel alleges prosecutors misattributed a journalist's message and failed to disclose the mistake immediately.Source link

Metaplanet, the largest corporate bitcoin (BTC) holder outside North America, has purchased an additional 797 BTC, worth around $96 million, bringing its total bitcoin holdings to 16,352. Simon Gerovich, CEO of the Tokyo-listed hotelier, recently told the FT that the firm aims to leverage these holdings as collateral to finance acquisitions of cash‑generating businesses, particularly in digital financial services.Metaplanet's strategy mirrors the blueprint used by Michael Saylor’s Strategy (MSTR): accumulate bitcoin via equity and debt issuance, then use the asset base to secure financing for broader expansion. Metaplanet has already tapped zero‑interest bonds, stock acquisition rights, and U.S. capital markets—including a planned $5 billion injection into its Florida subsidiary—to fund BTC buying and strengthen its treasury infrastructure.Read more: Metaplanet Wants to Use...

Administrators of a collapsed UK-based crypto firm have identified a $2.7 million shortfall, increasing the risk of total investment loss for some customers. Management Accused of Misappropriating Customer Funds Administrators for Ziglu, the collapsed United Kingdom-based crypto firm, have reportedly uncovered a shortfall of $2.7 million (£2 million), raising the likelihood that investors may loseSource link