Bitcoin News
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Bitcoin Trader Loses Nearly $567K Longing BTC/ETH to High Leverage
Andrew Kang lost nearly $567,000 in a trading session in liquidated BTC/ETH long positions. Kang used 40x and 41x leverage on two separate trades running…
Arkham Identifies Another GMX Trader with Multiple 50x Short Orders
Arkham identifies top GMX traders placing high-risk leverage contracts. Andrew Kang incurs a $567k loss on GMX after liquidating the BTC/ETH pair. Previously, Kang executed…
Senator Ted Cruz Endorses BTC, Reignites Crypto Market Interest
MicroStrategy Founder Michael Saylor posted a video of Senator Ted Cruz on Twitter. Cruz says, “I’m incredibly bullish about crypto as a whole and bitcoin…
Sudden Bitcoin Volatility Wipes Out $1B in Open Interest
Bitcoin experienced sudden volatility on Wednesday, April 26, 2023. The flagship cryptocurrency dropped by almost $3,000 in less than three hours. The Bitcoin market liquidated…
CEO Behind Large BTC Scheme Ordered by US Court to Pay $3.4 Billion
The CFTC recently won a record-breaking $3.4 billion lawsuit. MTI’s CEO was ordered by a Texas District Court Judge to pay out the sum. In…
BTC Is Perfectly Setup to Challenge $30K in the Next Few Days
BTC’s price has risen 1.39% over the last 24 hours to trade at $29,520.23. The market leader was able to reach a daily high of…
Two Traders Have Opposing Views on What BTC’s Price Will Do Next
Despite dropping over the last 24 hours, BTC’s price remains above the $28k mark. A crypto trader by the name of The Wolf believes that…
Arkham Denies False Alerts, Blames User Error for BTC Price Drop
Data analytics firm Arkham denied sending inaccurate alerts that caused a sharp drop in BTC. The firm said the user who received the alerts had…
Jump Trading Deposits Millions Worth of BTC To Multiple Exchanges
An investigative crypto platform revealed that Jump Trading deposited millions worth of BTC to multiple exchanges. In its main exchange deposit, Jump Trading sent BTC…
Standard Chartered’s Note Predicts BTC to Hit $100K by End of 2024
Bitcoin's value might reach $100,000 by the end of 2024: Standard Chartered. The BTC/USD pair could benefit from the recent turmoil in the banking sector.…
