Oil reversal and crowded shorts keep crypto traders on edge

[ad_1] Crude oil just pulled a classic bait-and-switch. WTI surged on geopolitical tensions, then promptly gave back nearly $3 a barrel, erasing the kind of fear premium that usually sends inflation hawks... Read more »

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Bitcoin ready to ‘vaporize’ shorts once price discovery above $110K begins

[ad_1] Key takeaways: An end-of-month Bitcoin price close above $102,400 would set the highest monthly close ever, proving the bull market continues at a rapid pace. Over $3 billion in Bitcoin short... Read more »

Bitcoin’s spike above $93k wipes out shorts, $652M liquidated across the market

[ad_1] Bitcoin’s latest liquidation sweep erased $652.84 million across crypto on April 23, wiping out 172,948 traders. Bitcoin alone contributed $321.70 million, or roughly 50% of the total. Exchange dashboards show shorts... Read more »

Bitcoin market cautious as longs and shorts balance out

[ad_1] Bitcoin’s drop to below $50,000 on Aug. 5 marked the largest drawdown in the current cycle, resulting in substantial profit losses and liquidations. And while BTC has shown solid signs of... Read more »

Kerrisdale Capital shorts Riot stock amid complaints about miner’s safety hazards, China imports

[ad_1] Kerrisdale Capital sent a complaint about crypto miner Riot Platforms to Texas officials over concerns related to safety hazards and equipment imported from China The company made the complaint in a... Read more »

Bear blues: over $296 million in shorts liquidated in 24 hours

[ad_1] Share this article The possibility of a spot Ethereum exchange-traded fund (ETF) approval in the US took the bears by surprise, resulting in over $296 million of short positions being liquidated... Read more »