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Bearish crypto bets lose record $2.7 billion as bitcoin surges toward $70,000

Traders betting against crypto lost $2.74 billion in a day, more than the short side of the October 2025 crash that remains the biggest liquidation event in the market's history.

Crypto News

Filters & Sorting

Bearish crypto bets lose record $2.7 billion as bitcoin surges toward $70,000

Rushed CLARITY Act vote could set legislation back, Gallego warns

Ether jumps 18% to $2,250 as bitcoin tops $69,000 in broad crypto rally

Bitcoin briefly hits $70,000 for the first time since June. Here is why

Bitcoin.com integrates UAE-registered US dollar stablecoin into self-custodial wallet

Trump pushes for CLARITY Act passage alongside crypto leaders

Here’s what happened in crypto today

HYPE jumps 11% as Trump says CFTC is working to bring Hyperliquid to U.S.

Trump pushes Congress to move on Clarity Act during White House crypto event

Crypto PAC notches primary wins, but loses $2M Florida race

Crypto campaign fund Fairshake faces $2 million setback in Florida primaries

FalconX, Ethena bring USDe backing assets into $1B institutional credit facility

OCC head promises final GENIUS rules by November

StanChart, HSBC execute first live transaction on Swift blockchain ledger

Bitcoin surges above $68,000, liquidating $1.4 billion shorts as Treasury buybacks boost risk appetite

Standard Chartered analyst eyes $100K BTC as US Treasury doubles long-end buybacks

US commodities regulator imposes 5-year trading ban on ex-Alameda, FTX execs

Bitcoin price hits 11-week high as US Treasury doubles debt buyback size

Bitcoin nears key technical breakout that could propel prices to $76,000

Coinbase, Circle and Bullish jump as Clarity Act proponents express optimism about bill

Injective receives SEC transfer agent registration for institutional services arm

AI could supercharge crypto but there’s a catch, Fidelity Digital Assets says

Crypto Long & Short: Where DeFi yield really comes from (and why it broke this spring)

HSBC, Standard Chartered execute first live banking transaction on Swift’s 24/7 ledger

Cantor opens Kalshi prediction markets to thousands of institutional clients

200,000 fake AI ‘victims’ deployed to scam bait online fraudsters

SEC regulatory proposal marks ‘important’ step forward from ‘inapt’ crypto rules: Commissioner Peirce

Beyond crypto funding rates: Ethena diversifies USDe backing with $1 billion FalconX facility

Strengthen the Clarity Act

Bitcoin is flashing 8 of 12 capitulation signals, but bottom's not yet in, says VanEck

A year after losing $1.46 billion, Bybit says AI helped it save $700 million

Centrifuge adds Symbiotic liquidity network across $1.6B in Janus Henderson, NYLIM funds

Sweden’s H100 reports $26M H1 loss driven by falling Bitcoin value

China triples its e-CNY network in 2026 as 8 more banks join the CBDC push this week

Ripple raises $275M for US prime brokerage to meet institutional demand

Fed decision making comes into focus as bitcoin holds steady, bond yields surge

Bitcoin has ‘largely purged’ froth that preceded 50% drop from $126K: BlackRock

Bitcoin stuck in a six-week range as global bond yields hit highest levels for decades

Nexo launches regulated crypto-backed credit in Australia

TikTok code includes peer-to-peer payments over messaging: Bloomberg

Ripple raises $275 million in senior notes for prime brokerage push

OpenAI trails Anthropic as losses deepen and Altman pauses frontier AI training

Live updates: Bitcoin and gold jump but rejected at key level as Treasury move pushes yields lower

Arthur Hayes takes CEO role at Flop Labs ahead of Q4 airdrop

Bitcoin ETFs add $189M as August net inflows approach $1B

Maya Protocol exploit drains bitcoin and other assets as pool value drops by $11 million

MAYAChain halts network after estimated $1.7M exploit

US accounting board FASB proposes conditions for stablecoins as cash equivalents

SEC proposes new crypto rules in absence of CLARITY Act

FalconX, Interstice Connect Canton to Ethereum, Solana and Robinhood Chain

Ripple- and Coinbase-funded PAC spends $2M in Florida race with little mention of crypto

Cypherpunk launches Zcash mining fleet controlling 18% of network hashrate

Kraken’s Krak debuts US debit card as Payward broadens financial services push

Federal prosecutors blast ex-Celsius CEO’s motion to vacate as ‘without merit’

Metaplanet expands Bitcoin treasury strategy to US with 2,100-BTC Nasdaq play