Bitcoin News

Crypto Markets Post Largest Short Liquidations Since July 2021
Crypto markets had over $700 million in liquidations on short trades, or bets against price rises, reaching levels not seen since July 2021. This comes as ether (ETH) leads token surge, up more than 10% in the past 24 hours. "The Hash" panel discusses the latest movements in crypto and what it suggests about the crypto markets.

What Bloomberg’s Crypto Opus Means for the Next Bull Market
Star finance writer Matt Levine devoted an entire Businessweek issue to crypto. That may be game over for hard-line skeptics.

Kollider Raises $2.4M to Build ‘Lightning-Native’ Financial Products
The bitcoin derivatives exchange already has bitcoin-backed synthetic stablecoins and a Lightning-enabled bitcoin wallet in the pipeline.

In Topsy-Turvy Market Logic, Positive US GDP Could Be Negative for Crypto
Analysts estimate the U.S. economy grew by 2% in the third quarter of the year, upending a streak of two straight quarters of contraction.

Bitcoin Up 5% Over 24 Hours, Surging Past $20K
Bitcoin (BTC) is up 5% in the past 24 hours, trading at $20,500 with ether (ETH) surpassing $1,500 in the meantime. IG North America CEO JJ Kinahan joins “First Mover” to discuss the tokens’ recent rally and whether volatility has returned to the crypto markets. Plus, insights on how the Fed's upcoming decisions will impact the broader market.

Bitcoin Jumps to $21K After Soft US Data, Less Hawkish Bank of Canada
The world's largest cryptocurrency by market volume is up by more than 7% on Wednesday to its highest level in more than a month.

First Mover Americas: Bitcoin, Ether Surge on Short Squeeze
The latest price moves in crypto markets in context for Oct. 26, 2022.

Bitcoin Miner Compass to Host 27MW Worth of Mining Rigs at Solar-Powered Startup
Startup miner Aspen Creek Digital has 30MW worth of capacity at its Texas facility, making Compass one of its largest customers.

What the Mention of Crypto in Australia's Budget Means
“This may be the first time cryptocurrency has been mentioned in the federal budget papers," said Michael Bacina, a partner at law firm Piper Alderman.

First Mover Asia: China’s Bitcoin-Funded Intelligence Operation in US Likely About Chips; Bitcoin Soars Past $20K
The U.S. Department of Justice is alleging that two Chinese intelligence officers tried to bribe an undercover FBI agent with bitcoin for information about the U.S. government’s investigations into technology giant Huawei.

