Bitcoin’s rise to $96.9K could trigger $9.6B short position liquidation

Key Takeaways Bitcoin’s potential move to $96,900 has a $9.6 billion short-liq bomb waiting overhead. Short liquidations occur when leveraged bets against Bitcoin are force-closed as margin requirements can’t be met. Share this article Bitcoin’s potential rally to $96,900 would put roughly $9.6 billion in short positions at risk of liquidation, according to current liquidation…

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High Court Dismisses Former Binance Executive’s Lawsuit Against Nigerian Agencies

The Nigerian High Court dismissed the unlawful detention lawsuit filed by former Binance executive Tigran Gambaryan against two government agencies. Judicial Rationale for Dismissal A Nigerian High Court has dismissed the lawsuit filed by former Binance executive Tigran Gambaryan against the Economic and Financial Crimes Commission (EFCC) and the Office of the National Security Adviser…

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What does it mean when Uncle Sam is one of your biggest shareholders? Chip startup xLight is about to find out

The Trump administration has agreed to inject up to $150 million into xLight, a semiconductor startup developing advanced chip-making technology, marking the third time the U.S. government has taken an equity position in a private startup and further expanding a controversial strategy that has put Washington on the cap tables of American companies. The Wall…

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Lacson Pushes Bill to Expand AMLC Powers, Fully Cover Virtual Asset Providers

Disclaimer: This article is for informational purposes only and does not constitute financial advice. BitPinas has no commercial relationship with any mentioned entity unless otherwise stated. 📬 Get the biggest crypto stories in the Philippines and Southeast Asia every week — subscribe to the BitPinas Newsletter. Senator Panfilo Lacson has filed a measure seeking to…

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Switzerland and Germany Move on Cryptomixer With 25M Euro Bitcoin Seizure

European authorities toppled Cryptomixer and seized millions in bitcoin, exposing a sprawling laundering pipeline that pushed more than a billion euros through the platform and intensifying a broader clash over privacy in digital finance. Switzerland and Germany Take Cryptomixer Down With Over 25M Euro in Bitcoin Seized Authorities intensified their crackdown on illicit crypto infrastructure…

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Trump-linked Alt5 Sigma faces SEC disclosure gap scrutiny

Alt5 Sigma is facing fresh scrutiny after conflicting timelines in its SEC filings raised questions about how and when the company disclosed the resignation of its independent accountant. Summary Conflicting timelines in Alt5 Sigma’s SEC filings raise concerns over its auditor resignation and quarterly report delays. Separate date mismatches involving management changes add to scrutiny…

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