Oobit has partnered with Web3 payment infrastructure provider AEON to enable crypto payments through Vietnam’s VietQR network, allowing travelers in the country to pay with crypto by scanning local QR codes. With the integration in place, Oobit users can make payments in crypto while merchants receive the funds in local currency, according to the official […]
President Donald Trump said on Aug. 20 that the US is considering accumulating sizable amounts of Bitcoin and other cryptocurrencies. Current law gives his administration several ways to increase federal crypto holdings, though no public authority gives Treasury a funded program for multibillion-dollar open-market purchases. For Bitcoin, Trump’s 2025 executive order already directs Treasury and […]
Highest liquidations by crypto categories. Source: Coinalyze The meme coin space, which has a reported market capitalization of about $23.8 billion at the time of publication, also experienced the biggest daily spike in crypto liquidations of roughly 12.25% to 15.1 million. What’s next for the crypto market? The sharp liquidation of crypto traders during the […]
Bitcoin $BTC$71,936.32 extended Wednesday’s advance, climbing above $71,000 for the first time since June. The largest cryptocurrency has added 3.5% since midnight UTC and 11% over 24 hours, having broken decisively out of the range that had held it since July 8. The price move was mechanical rather than narrative-driven. $BTC spent six weeks between […]
XRP’s price surged alongside the broader cryptocurrency market on August 20, recovering more than $9 billion of its market capitalization in 24 hours as macroeconomic tailwinds, short liquidations, and renewed presidential support for digital assets drove risk appetite higher. In particular, XRP’s market cap rose from roughly $63.08 billion at 11 a.m. (UTC), August 19, […]
Bitcoin perpetual futures recorded approximately $1.1 billion in short position liquidations within 24 hours. The total liquidation volume in the cryptocurrency market reached $1.92 billion on the same day. The price of the leading cryptocurrency touched an intraday high of $68,982.40 before stabilizing above $68,100. During the day on August 19, the price of Bitcoin […]
Predictors scramble to catch up Nobody saw it coming, and prediction markets are showing it. Myriad’s “$BTC next move” market—wagering on a pump to $84,000 against a dump to $55,000—had traders leaning roughly 70% toward the dump just days ago. By Wednesday afternoon, those odds had collapsed to a near coin flip: 51.9% on $55K, […]
Bitcoin price surged past $68,000 late Wednesday as a break above crowded liquidation levels forced short sellers to buy back positions, turning a gradual recovery into a one-minute price spike of roughly 4%. Market analyst Daan Crypto Trades said in an Aug. 19 X post that Bitcoin experienced a “massive squeeze” after crossing the $67,000 […]
In a recent analysis, Forbes has proposed that Bitcoin could evolve into a neutral global reserve asset, offering a potential solution to the growing concerns over the U.S. dollar’s status and the structural reliance on American sovereign debt. The report highlights the dollar’s privileged position while acknowledging the inherent tensions of the Triffin Dilemma, which […]
Bitcoin’s latest rally has triggered an unprecedented wave of short liquidations. According to CoinGecko data, $BTC climbed as high as $68,982.40 over the past 24 hours before easing to around $68,189.62. The move represented a gain of roughly 5.4%. This is Bitcoin’s first break above $68,000 since June. The first-ever daily billion-dollar short liquidation volume […]