Bitcoin Short Squeeze Pushes Open Interest to $25B
Bitcoin open interest reached $25B as funding rates followed the BTC price drop below $60,000, prompting analysts to anticipate a potential short squeeze. #Update #Crypto $BTC
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Bitcoin open interest reached $25B as funding rates followed the BTC price drop below $60,000, prompting analysts to anticipate a potential short squeeze. #Update #Crypto $BTC
A federal judge in Arizona has temporarily blocked state officials from enforcing gambling laws against @Kalshi, siding with the CFTC in a dispute over event contracts classification. #Update #Legal $CFTC
Bitcoin reached $73K following lower-than-expected US CPI data, despite a significant gas price increase marking a 60-year record. #Update #Crypto $BTC
Paying Iran in crypto may expose shippers to sanctions risks, as @Chainalysis notes that crypto’s transparent ledger facilitates tracking of illicit financial flows. #Update #Crypto $BTC
US inflation data showed weaker-than-expected results in March, yet ongoing geopolitical tensions involving the US, Iran, and Israel continue to create macroeconomic uncertainty. #Update #Crypto
Buyers are pushing $BTC towards $76,000 but face resistance; net inflows for US spot BTC ETFs total $576.5M this week. Altcoins like $ETH show potential upside if key levels are breached. #Update #Crypto $BTC
@Bitwise has filed a second amendment for its proposed spot Hyperliquid ETF, adding the ticker $BHYP and a 0.67% management fee, indicating a potential launch soon. #Update #Crypto $HYPE
Bitcoin ($BTC) surged above $73,000, breaking a bearish pattern and aiming for $80,000 by month-end. Trading volume increased, indicating strong bullish sentiment. #Update #Crypto $BTC
Alex Thorn from @Galaxy is tracking onchain activity for potential Bitcoin ($BTC) fees related to oil tanker transactions in Iran. #Update #Crypto $BTC
The Iranian government is considering accepting $BTC for oil tanker tolls to bypass U.S. sanctions, with payments possibly via the Lightning Network; conflicting reports mention stablecoins or yuan as alternatives. #Update #Crypto $BTC
CoreWeave secures a multi-year deal with Anthropic for AI workloads, boosting its stock after an $8.5 billion capital raise, as competition for electricity intensifies between AI and crypto mining sectors. #Update #Crypto $BTC
Aethir halted a bridge exploit on its Ethereum-linked contracts, limiting losses to under $90,000 after estimated damages of $400,000. Compensation promised. #Update #Crypto $ETH
Bitcoin ($BTC) reached $73,000 after US CPI data showed inflation slightly below expectations, despite a historic 21% rise in gasoline prices. Traders eye resistance levels above $74K. #Update #Crypto $BTC
@WorldLibertyFi plans to propose a phased unlock schedule for WLFI tokens next week amid backlash from early holders, with 75.33% still locked after initial sales. #Update #Crypto $WLFI