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 buyback operations on August 19....
Tag : squeeze
XRP Notches Best Week Since 2024 Election Pump on Bitcoin Short Squeeze
In brief XRP gained 10.40% on Wednesday alone, its biggest daily jump since February 6, then extended the rally Thursday, up roughly 30% for the...
Bitcoin price breaks past $68K as $1B short squeeze hits
Bitcoin price surged past $68,000 late Wednesday as a break above crowded liquidation levels forced short sellers to buy back positions, turning a gradual recovery...
Crypto Group Warns Fed Could Use Banking Access to Squeeze Digital Asset Firms
In brief The Blockchain Association filed an amicus brief supporting Custodia Bank’s petition for Supreme Court review. Custodia is challenging a ruling that upheld the...
Bitcoin price avoids major Iran jitters as S&P 500 ‘short squeeze’ on horizon
Bitcoin (BTC) held higher on Wednesday as crypto and risk assets continued to brush off US-Iran war tensions. Key points: Bitcoin limits its comedown from...
JPMorgan warns Hyperliquid deal could squeeze Circle and Coinbase
JPMorgan has lowered its earnings forecasts for Circle and Coinbase after a new USDC revenue-sharing agreement with Hyperliquid changed how income from the stablecoin’s reserves...
Ethereum price climbs toward $1,800 as short squeeze and risk-on rally gather pace
Ethereum price has rebounded to nearly $1,800 after easing geopolitical tensions and an aggressive short squeeze across crypto derivatives restored appetite for risk assets, while...
Europe's Crypto Firms Face Squeeze as MiCA Transition Period End Looms
In brief The EU’s MiCA transition period ends July 1, closing the window for crypto firms to operate under old national regimes without a bloc-wide...
Bitcoin open interest rises as price drop raises squeeze risk
Bitcoin traders are watching a tense derivatives setup after on-chain analyst Maartunn pointed to a drop in BTC price while open interest moved higher. Summary...
Bitcoin bears face $2.6B trap as BTC funding rate drops: Is a short squeeze brewing?
Key takeaways: Over-leveraged Bitcoin short positions between $63,000 and $66,000 have created a potential $2.6 billion squeeze trap for bears. Negative perpetual funding rates indicate...