
Liquidations reach $96M in half a day as Bitcoin breaks $21K
Short positions compensated for 77% of the $96 million that got liquidated in the last 12 hours.
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Short positions compensated for 77% of the $96 million that got liquidated in the last 12 hours.

Ethereum loses 0.8 BTC as Bitcoin leads the rally going into the last weekend before The Merge

The report focuses primarily on establishing standards for crypto miners, and recommends several measures to limit the energy consumption of proof of work mining.

Fidelity has offered institutional clients Bitcoin services since 2018, but the investment manager is now bringing retail on board.

Gary Gensler said that he was looking forward to giving the Commodity Futures Trading Commission greater authority over the crypto market "as long as it doesn't take away power from the SEC."

Bitcoin saw a slight sell-off on news the European Central Bank had hiked rates by 75 basis points, suggesting the actions were already priced in by the market.

The Reserve Bank of India (RBI) is currently consulting fintech companies and asked four public sector banks to pilot India's CBDC project later this year.

The Federal Reserve has one core tool to combat inflation in Quantitative Tightening. Macro data suggests the upcoming period of QT will be more turbulent than ever before.

There have been $407 million in liquidations in the past 24 hours as Bitcoin tests the $19k support




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