Bitcoin is closing in on $80,000 and already destroyed a record $4 billion in short bets
Bitcoin surged toward $80,000 on Friday, extending a three-day rally that has liquidated more than $4 billion in bearish bets and pushed the cryptocurrency to a three-month high. Data from CryptoSlate shows Bitcoin climbed as high as $78,449, gaining more than 10% over the past 24 hours before easing to $77,873 as of…
Coins in this story
Discussion
Related stories
SEC’s latest crypto rules only open a few of Wall Street’s ‘million doors’ – Bitwise CIO Matt Hougan
Bitwise CIO Matt Hougan doesn't think Washington's crypto-friendly turn is the moment that completely unlocks Wall Street. In an interview with CryptoSlate, he described the real barrier as something far less dramatic than a single landmark bill. The “brutal real answer” is that it comes down to a million small steps…
Strategy Bitcoin treasury hits breakeven point as BTC price passes $77K
Bitcoin gains 20% in two days as Strategy sees its BTC treasury climb out of the red.
BTCS used Ethereum to repay Aave debt and ended Q2 with just $317,000 in cash
Most of its $89.3 million balance sheet remained tied to digital assets, staking and DeFi positions. The post BTCS used Ethereum to repay Aave debt and ended Q2 with just $317,000 in cash appeared first on CryptoSlate.