Cryptocurrency
Wintermute Warns Bitcoin Rally Looking Like a Short Squeeze, Not a Proper Breakout
Key TakeawaysWintermute says BTC’s latest rise is squeeze-driven, with leverage and shorts lifting price in 1 move.Bitcoin bulls face weaker spot demand, leaving BTC’s rally more fragile across crypto markets in 2026.Wintermute says BTC needs stronger spot flows next,...
Cryptocurrency
Hyperliquid Whale Shorts $70M in Crypto: Should Bitcoin Investors Be Worried?
Key takeaways:A successful Hyperliquid whale opened a $70 million short position, but data suggests this is a technical move.Rising oil prices and Fed liquidity injections could devalue US Treasuries, boosting Bitcoin as a scarce macro asset.Bitcoin below $80,000 as...
Cryptocurrency
Metaplanet Q1 Operating Profit Rises as Bitcoin Loss Widens
Tokyo-listed Metaplanet reported first-quarter operating income Wednesday of 2.27 billion Japanese yen (roughly $14.38 million) on net sales of about $19.5 million, implying an operating margin of 73.6% as surging Bitcoin option income more than tripled revenue from a...
Cryptocurrency
XRP Ledger Hits Record High In 10K+ Wallets As Larger Holders Accumulate
The XRP Ledger has reached a new high in the number of wallets holding at least 10,000 XRP, according to on-chain analytics firm Santiment, extending a growth trend that has been in place since mid-2024. The firm framed the...
Cryptocurrency
CFTC Backs Kalshi in Ohio Appeals Court Fight
The US Commodity Futures Trading Commission has backed Kalshi in the company’s legal fight against the state of Ohio, asking an appeals court to affirm that the regulator has jurisdiction over prediction markets.The CFTC filed an amicus brief in...
Cryptocurrency
Bitcoin back above $81,000 after hot CPI print, BNB, DOGE lead majors gains
Bitcoin BTC$81,199.33 shrugged off the inflation scare almost as quickly as the print landed.The largest cryptocurrency dropped to $79,879 in late U.S. hours Tuesday after the April Consumer Price Index came in at 3.8% year-over-year, hotter than economists had...
Cryptocurrency
Senate Confirms Kevin Warsh as Fed Governor, with Chair Vote Expected
The US Senate has approved Kevin Warsh as the newest governor of the Federal Reserve, with a vote on his confirmation as chair of the central bank expected this week.In a 51 to 45 vote in the US Senate...
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Watch Live: Trump meets with Chinese leader Xi in Beijing today as trade, tariffs and Taiwan loom over visit
President Trump and Chinese President Xi Jinping are set to meet in Beijing on Thursday...