Bitcoin Price Falls Further as Crypto Liquidations Top $330 Million
As Mt. Gox creditors are promised their Bitcoin back, the market panics on fears that they’ll dump it all into the market.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on DecryptRelated market context
Tether-backed Antalpha’s loan TVL declined $696 million as its gold bet returned a $22 million loss
Antalpha’s facilitated loan book shrank by $696 million in the second quarter as losses on tokenized gold holdings at its subsidia...
Upbit Volume Jumps 273% As Bitcoin Rally Pulls Korean Traders Back In
Upbit’s trading activity surged sharply as Bitcoin’s latest rally brought South Korean crypto traders back into the market. CoinGe...
Trump-backed $4 billion USD1 stablecoin has wallet powers its own GitHub does not show
Justin Sun escalated his public fight with Donald Trump-backed World Liberty Financial on Friday, accusing its USD1 stablecoin of...
YZi Labs-backed BounceBit Chain shuts down after $3M exploit
The YZi-backed bitcoin restaking firm BounceBit announced today that it is shutting down its blockchain after hackers exploited an...
Treasury’s $14 Billion Buyback Triggered a $3.5 Billion Crypto Short Squeeze
Bitcoin jumped roughly 25% to a two-month high above $77,000 within hours of the U.S. Treasury doubling its long-dated bonds buyba...
Kalshi’s Crypto Perpetual Futures Reach $17.98 Million Open Interest
Kalshi daily crypto perpetual-futures open interest reached a record $17.98 million. The reading puts attention on Kalshi’s CFTC-r...