Crypto Liquidations Top $245M: Brutal Long Squeeze Wipes Out Traders in 24 Hours
TLDR: American Bitcoin adds 1,414 BTC, expanding its total holdings to 3,865 BTC worth roughly $267M. The purchase was funded through operating cash flow, showing strong balance sheet discipline. The firm aligns mining output with a Bitcoin-based treasury strategy for long-term resilience. Institutional adoption momentum continues as more U.S. firms build direct Bitcoin reserves. American…
In the crypto world, timing can mean everything. Projects that solve real problems with new approaches often become the cornerstones of new market cycles. Nexchain, an emerging Layer-1 blockchain that mixes artificial intelligence with decentralization, is a prime example and offers early investors who want access to an advanced blockchain ecosystem a DAO-first approach combined…
Bitcoin ETFs recorded outflows of $243 millin as markets fell amid Iran’s missile attack on Israel. BTC price also fell, hitting lows of $60,300 before recovering to above $61k. Bitcoin exchange-traded funds recorded net outflows for the first time in two weeks, with $243 million exiting on October 2, 2024. The outflows followed a sharp…
Join Our Telegram channel to stay up to date on breaking news coverage Coral, the blockchain company behind the Backpack crypto exchange and the Mad Lads non-fungible token collection, has introduced luxury Bomber jackets. The Backpack CEX creator will leverage the Mad Lads brand to print their luxury jackets. Coral joins leading NFT firms, such…
Crypto assets are maturing, with many altcoins becoming mainstream in 2026 thanks to ETFs and digital asset treasuries for tokens like Solana and XRP. For Hedera, the year is shaping up to be pivotal for enterprise adoption. Hashgraph’s new Hedera Enterprise Adoption Team (HEAT) is designed precisely to increase enterprise collaboration with input from the…
Lots of people chat and speculate regarding whether crypto will change how people spend. In fact, it already has changed this for a lot of people! Nobody can deny that decentralized currency could transform the financial landscape (even more than it already has). But a big question that looms over all the chatter is: Will…