
Bitcoin’s whipsaw to $105k wipes out $7B in leveraged positions
Massive sell-off causes over $7 billion in liquidations, exposing crypto's structural weaknesses during volatile trading.

Massive sell-off causes over $7 billion in liquidations, exposing crypto's structural weaknesses during volatile trading.

The MicroStrategy executive chair said he has been hodling his Bitcoin since 2020 and continues to acquire more.

The battleground states remain highly contested and will be crucial in determining the final outcome.

The watchdog maintains that it has more than fulfilled its discovery obligations and calls for Coinbase's motion to be denied, labeling it an unjustified and burdensome demand.

Buterin said "people will be surprised" at how soon many of the mainstay challenges will be overcome.

He also praised the introduction of Senator Cynthia Lummis' strategic Bitcoin reserve bill and its official introduction in the Senate

The former President said the government should not attempt to sell its crypto holdings in response to speculation about the matter.

The lawmakers urged the CFTC to take action and prevent the "commodification" of US elections.

The bill aims to address the urgent need for robust measures against the complex landscape of digital asset crimes.

The flagship crypto has fallen more than 8% since the start of the weekend to $58,061 — the lowest price recorded in almost three weeks.

The surge is primarily driven by intense interest in betting on the US presidential election.

The report comes amid heightened calls for Harris to pivot from the current administration's cautious, often hostile, stance toward digital assets.

Trump highlighted Bitcoin's vast scale and economic impact, noting that it has "become bigger than many countries."
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