A liquidation wave hit the crypto market, wiping out over $415M in positions within 24 hours, including $285M in shorts and $132M in longs. Bitcoin reaching $80,000 in April sits at 65.5% YES. Market reaction The $80,000 Bitcoin target jumped from 44% to 65.5% over 24 hours. Trading volume is $261,995/day in face value and…
Coinbase UK has launched a crypto-backed lending product that lets British users borrow USDC stablecoins against their Bitcoin, Ethereum, and cbETH holdings – with funds arriving in under a minute. The detail most headlines are missing is what this actually unlocks for UK holders sitting on unrealized gains: a way to access real spending power…
The market’s resurgence resulted in almost 110,000 traders being liquidated in the past 24 hours alone. Tensions in the Middle East have cooled after US President Donald Trump revealed that the ceasefire with Iran has been extended. According to the American leader, the government of Iran is “seriously fractured,” while Pakistan has requested a…
Singapore-based fintech firm Nium has partnered with Coinbase to bring USDC-powered cross-border payments to its global network. Summary Nium has integrated Coinbase infrastructure to enable USDC-based cross-border payments across more than 190 countries. Businesses can fund payouts on demand in USDC and settle in local currencies without maintaining prefunded accounts. According to a Tuesday announcement,…
BlackRock purchased $900 million in Bitcoin through its iShares Bitcoin Trust (IBIT) ETF, and the Polymarket contract for Bitcoin reaching $80,000 in April jumped to 71.5% YES, up from 44% just 24 hours ago. Market reaction The Bitcoin $80,000 market moved sharply after the BlackRock buy, with odds climbing from the mid-40s to above 70%….
