Nearly $100 million in bitcoin short positions were liquidated in the past 24 hours on centralized crypto exchanges, according to Coinglass data. The bitcoin market experienced increased volatility over the past day, with the price fluctuating around the $44,000 mark. This price action caused the wipeout of approximately $122 million in bitcoin positions, with $96…
Don’t miss out on today’s Morning Brief, which is sent to your inbox every morning. The price of Bitcoin has surged to over $42,000 and has increased by over 150% this year. The crypto media characters are back as a result of this price recovery, with the “shills” and “opportunists” promoting Bitcoin as the future…
The Bank of England to Assess Risks of Artificial Intelligence and Machine Learning in Financial Sector The Bank of England announced in its half-yearly Financial Stability Review that it will be conducting an assessment next year to evaluate the potential risks posed by the adoption of artificial intelligence (AI) and machine learning in the financial…
Bitcoin Price Continues to Surge, Nearing $45,000 Bitcoin’s price rally has extended above the $43,200 resistance, with the cryptocurrency now consolidating gains and potentially rallying further towards the $45,000 zone. This surge comes amid a steady uptrend that has seen Bitcoin gain over 15% in the past few days. The price surge has also seen…
Bitcoin price has surged past the $43,000 psychological level, reaching levels last seen in April 2022. The uptick has led to the liquidation of almost $85 million worth of positions, while open interest has risen to a 20-month high at $18.3 billion. The surge in Bitcoin price comes amid anticipation for the approval of spot…
Bitcoin has surged to a 20-month high, briefly surpassing $42,000 on Monday. The cryptocurrency’s momentum has been fueled by expectations of a U.S. interest rate cut and optimism that American regulators will approve exchange-traded spot Bitcoin funds. The rise in Bitcoin’s price has also lifted the shares of cryptocurrency-related companies and ETFs in the United…
The Port of San Diego has tentatively agreed to a 40-year lease with Topgolf International for a 9.5-acre site on East Harbor Island that will offer stunning views of San Diego Bay and the downtown skyline. The agreement was made in spite of public opposition to the project, with some people objecting to the appearance…
