Crypto Influencer Stages Fake $6 Million Bitcoin Short Liquidation
A crypto influencer faked a $6 million short liquidation on Bitcoin using a demo account, only to be exposed by community fact-checking.
Read articlePi Network trades around $0.09 following three consecutive bullish daily closes, though it continues to lag behind a wider cryptocurrency market rally driven by US Treasury bond buybacks.
Bitcoin recently rallied past $69,000, pushing its market cap above $1.40 trillion as a result of institutional capital inflows, retail buying, and massive short liquidations.
GnosisDAO has voted in favor of transitioning Gnosis Chain from a standalone layer-1 network to a ZK-proven Ethereum Economic Zone rollup.
Coinbase shares posted their largest single-day gain since May, driven by broader crypto market sentiment, anticipated OCC stablecoin rules, and political developments regarding the CLARITY Act.
Coinbase has integrated Hyperliquid perpetual futures into the Base App, offering qualified users access to over 290 markets and up to 50x leverage.
Hyperliquid's HYPE token jumped 22% to reach $71.61 following statements from President Donald Trump regarding a possible legal framework for US market entry.
Bitcoin crossed the $71,000 threshold for the first time since early June, driven by liquidity support announcements, macroeconomic shifts, ETF inflows, and market leverage.
HTX has denied authorizing disputed cryptocurrency microtransfers that users alleged caused compliance restrictions at Kraken, while Kraken confirmed its restrictions are tied to U.K. sanctions.
Senior crypto executives met with Commerce Secretary Howard Lutnick to discuss remaining hurdles for the CLARITY Act, including ethics provisions and strategies to secure bipartisan support.
Binance founder Changpeng Zhao says efforts to bring decentralized platform Hyperliquid into the U.S. legally will benefit the broader crypto industry.