Over $140M in shorts wiped out after BTC, ETH, XRP deliver Epic breakout
TL;DR Bitcoin surged from a 10-day low of $76,200 to above $80,000 within hours, reversing recent weakness and triggering a violent squeeze against bearish traders. Ether
Latest news from: Nicholet R.
Nicholet R.
Passionate writer and blockchain enthusiast, she covers the latest developments in the cryptocurrency world with clarity and depth. At Crypto Economy, she focuses on delivering accurate, engaging, and accessible content for readers eager to stay informed about Bitcoin, DeFi, NFTs, and the constantly evolving crypto ecosystem.
Uphold Confirms Earn On XRP In Final Development For 1.62B Tokens
TL;DR Uphold says its Earn on XRP feature is in final development, targeting a platform that currently holds around 1.62 billion XRP. Because XRPL lacks native
Australia Warns Crypto Firms of 10% Turnover Fines
Australia’s corporate regulator has warned digital asset firms relying on its sector-wide no-action position that they must apply for or vary an Australian Financial Services licence
Hyperscale Data Exits Michigan Bitcoin Mining Following Notable 79% Treasury Drop
TL;DR Hyperscale Data shut down all Bitcoin mining at its Michigan facility and plans to sell the equipment as it pivots toward AI data-center infrastructure. A
Kalshi Plans WTI Perpetual Futures Filing With CFTC As Early As Next Week
Kalshi is preparing to file a perpetual futures contract tied to West Texas Intermediate crude oil with the U.S. Commodity Futures Trading Commission as early as
Bitfinex Highlights SuperTrend Signal After Bitcoin’s Record $1.1B Short Squeeze
TL;DR Bitcoin’s August 19 breakout triggered a record $1.1 billion single-day short squeeze, ending a ten-week range and driving price toward $81,500. Bitfinex’s weekly SuperTrend remained
Coldcard Exploiter Routes 10% Of Stolen Funds Into Ether Via THORChain
Galaxy research head Alex Thorn said the exploiter linked to the third wave of Coldcard thefts has started moving stolen Bitcoin for the first time, swapping
Bitcoin Recovers Toward $78K While ARB And PONS Extend Robinhood Chain Rally
TL;DR Bitcoin recovered toward $78,000 after falling to $76,200, while a softer dollar and calmer broader markets helped stabilize sentiment after Wednesday’s selloff. PONS surged 30.85%
Kalshi Must Stop Sports Wagers In Michigan Or Face $500,000 Daily Fines
Michigan Attorney General Dana Nessel said a preliminary injunction requires Kalshi to keep Michigan residents and anyone physically inside the state from accessing its sports-event contracts.
Kalshi Traders Bet Bitcoin Could Reach $82,000 in September
TL;DR Kalshi traders expect Bitcoin to reach $82,000 before September ends, implying roughly 7% upside from around $76,000 after the cryptocurrency’s latest pullback during this month.
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