A sharp cryptocurrency market sell-off on Tuesday morning triggered over $700 million in total liquidations, with long positions accounting for approximately $595 million of the losses. Ethereum and Altcoins Face Heavy Selling Liquidations across the cryptocurrency market surpassed $700 million Tuesday morning amid a sell-off that saw top digital assets post losses of 3% or […]
Federal Reserve Chair Kevin Warsh is scheduled to give his first congressional testimony on monetary policy before the House Financial Services Committee next month. The appearance comes weeks after he held interest rates steady at his debut policy meeting. A High-Stakes Debut Warsh is set to appear before the House Financial Services Committee at 10 […]
El Salvador added 8 BTC to its national bitcoin reserve over the past seven days, lifting its total holdings above 7,689 BTC worth roughly $490 million. Buying the Dip, Every Day The latest additions, tracked through the country’s official bitcoin reserve data, bring El Salvador’s stack to 7,688.37 BTC. Bitcoin.com News previously reported the reserve […]
A freshly created wallet deposited 6.68 million USDC into Hyperliquid and opened 20x leveraged short positions against bitcoin, solana and ether worth a combined $48 million. Anatomy of the Bet Onchain analytics firm Lookonchain reported that the wallet, labeled 0xaeaa, moved 6.68 million USDC onto Hyperliquid before opening the shorts. The breakdown is heavily weighted […]
U.S. banks held $325.1 billion in unrealized losses on their investment securities at the end of the first quarter of 2026, according to the Federal Deposit Insurance Corporation. The figure rose for a second straight quarter even as the industry posted strong profits. A Growing Paper Loss The Federal Deposit Insurance Corporation (FDIC) said total […]
President Donald Trump threatened to strike Iran again on Sunday unless Tehran reins in Hezbollah and other proxy forces in Lebanon, just four days after signing a ceasefire deal meant to end the 2026 Iran war. Trump made the warning in a Truth Social post at 9:30 a.m. Eastern. “Iran must immediately stop their highly […]
This editorial is from this week’s edition of the newsletter Week in Review, sent to subscribers on Friday. Subscribe to the newsletter to get this weekly editorial the second it’s finished. The newsletter also includes the biggest stories of the week with a comment on each story. This week, Bitcoin edged closer to the $60,000 […]