Bitcoin avoids major volatility after the first of the week’s two key US inflation reports, while a trader sees a “new upwards leg” coming for BTC price action. Read More at https://cointelegraph.com/news/bitcoin-price-surfs-us-pce-inflation-data-shifts-wartime-cpi?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Author Archives: pdgweb
Trader loses $3M as leveraged Fartcoin position unwinds on Hyperliquid
Hyperliquid data showed a 145 million Fartcoin position unwound across wallets, with the platform redistributing about $849,000 in gains to opposing traders. Read More at https://cointelegraph.com/news/trader-loses-3m-fartcoin-hyperliquid-adl-liquidation?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
DOJ and CFTC seek halt to Arizona action against Kalshi
The US Justice Department and commodities regulator asked a federal court to block Arizona’s action against Kalshi, arguing federally regulated event contracts fall under CFTC jurisdiction. Read More at https://cointelegraph.com/news/doj-cftc-arizona-court-kalshi-action?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
North Korean cyber spies are no longer just remote threats
North Korea’s crypto playbook now spans fake developers, conference contacts and major DeFi exploits reaching deep across the industry. Read More at https://cointelegraph.com/news/north-korean-cyber-spies-not-just-remote-threats?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin Depot discloses $3.7M BTC theft in cybersecurity breach
Bitcoin Depot said a hacker stole 50.9 BTC, worth about $3.7 million, after gaining access to internal systems linked to corporate wallets. Read More at https://cointelegraph.com/news/bitcoin-depot-3-7m-cybersecurity-breach-customer-data-safe?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Crypto exchanges chase TradFi commodities market as pricing gaps persist
Crypto exchanges are racing to capture the market share of TradFi trading venues, but tokenized commodities adoption remains limited by pricing and liquidity concerns. Read More at https://cointelegraph.com/news/crypto-exchanges-tradfi-precious-metals-pricing-liquidity-risks?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Gold, silver and oil drive 65,000% jump in commodity perpetuals
BitMEX said commodity perpetual swaps volume jumped from $38.1 million to $25 billion in Q1 as traders flocked to 24/7 gold, silver and oil exposure. Read More at https://cointelegraph.com/news/gold-silver-oil-drive-65000-percent-jump-in-commodity-perpetuals?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin analysts say this must happen for BTC price to ‘continue rising’
Bitcoin needs to regain momentum with higher trading volumes for BTC to reclaim $80,000 as support and sustain the recovery. Read More at https://cointelegraph.com/news/bitcoin-analysts-say-this-must-happen-for-btc-price-to-continue-rising?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bhutan moves a further $23M in Bitcoin as holdings drop by 70%
Bhutan has moved another 319 BTC, taking the total to over 9,000 BTC since late 2024, and trimming its sovereign stash by around 70%. Read More at https://cointelegraph.com/news/bhutan-offloads-a-further-23m-bitcoin?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
South Korea court cancels Upbit suspension, citing regulatory gaps: Report
The decision closes a legal battle spanning more than a year, after Dunamu moved to overturn the sanction and halt its enforcement. Read More at https://cointelegraph.com/news/south-korea-court-cancels-dunamu-upbit-suspension-fiu?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound