Skybridge Capital CEO Anthony Scaramucci remains confident that bitcoin will surge past $100,000, arguing that the supply cuts from the halving cycle will drive the next major breakout. Bold Scaramucci Thesis: $100K Bitcoin Ahead Skybridge Capital founder and CEO Anthony Scaramucci remains steadfastly bullish on bitcoin, even as the flagship token endures its narrowest volatility […]
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ZEC, SOL, and XRP Rally as Ethereum Breaches $2,000
Ethereum broke above $2,000 for the first time in over two months, peaking at $2,112 following a U.S. Treasury announcement to double bond buybacks to $4 billion. Analyst Predicts End of Bear Market if Key Levels Hold On Wednesday, ethereum (ETH) breached the $2,000 mark for the first time in more than two months, surging […]
Read MoreCash App Adds XRP, SOL and ETH via Moonpay for 59M Users
Cash App users can now buy XRP, solana, ether, and USDT directly through a new Moonpay integration, giving the app’s 59 million users access to tokens that Block has never listed directly on its own platform. A Major Expansion for Cash App’s Crypto Lineup Cash App has integrated Cash App Pay as a funding method […]
Read MoreKalshi Seeks CFTC Nod for Perpetual Bets on 500 Shares and Copper
Kalshi has asked the Commodity Futures Trading Commission (CFTC) to approve perpetual futures tied to a U.S. large-cap stock index and the price of copper, extending its push from prediction markets into mainstream financial products. The two Aug. 18 filings seek permission to list the US500 and COPPERPERP contracts. KalshiEX LLC is a CFTC-registered designated […]
Read MoreBitcoin’s $70K Rip Vaporizes $1.9B as Shorts Get Steamrolled
Bitcoin’s sudden price surge on Wednesday caused over $1.9 billion in total market liquidations within 24 hours, heavily liquidating $1.74 billion in short positions. Bitcoin Rally and Consolidation After falling just short of hitting $70,000 on reports that the U.S. Treasury is doubling bond buybacks to $4 billion, bitcoin appeared to consolidate above $68,200. Despite […]
Read MoreBlackrock Drives $260M Bitcoin and Ether ETF Inflow
Bitcoin ETFs attracted $189.30 million on Tuesday, extending their strong start to the week. Ether funds added $71.47 million, while XRP and solana ETFs also finished in positive territory. Ether ETFs Pull in $71M as 5 Funds Attract Fresh Capital The week’s institutional bid remained firmly in place. Bitcoin exchange-traded funds (ETFs) followed Monday’s […]
Read MoreX Suspends Major Crypto Accounts Over Alleged $250K Content Scheme
The social media platform X wiped out a cluster of high-volume bitcoin and crypto-related accounts after an alleged operation spanning more than ten accounts was accused of lifting other creators’ content and pulling more than $250,000 from the platform’s revenue-sharing program over roughly two years. An Alleged $250,000 Content Farm Gets X’s Attention The hammer […]
Read MoreCFTC Bans Caroline Ellison From Trading for 5 Years Over FTX
Caroline Ellison and Gary Wang received multiyear CFTC bans under final orders resolving their FTX-related civil cases. The regulator cited extensive cooperation and declined to seek restitution, disgorgement or civil penalties at this time. CFTC Finalizes Multiyear Restrictions The Commodity Futures Trading Commission (CFTC) announced Aug. 19 that former Alameda Research CEO Caroline Ellison and […]
Read MoreBitcoin Rips Toward $70K as $1.3B Short Squeeze Erupts
Bitcoin raced to $69,749 on Aug. 19 as falling Treasury yields and a cascade of forced short liquidations turned weeks of quiet trading into a sudden run toward $70,000. The move unfolded rapidly during late morning U.S. trading. Bitcoin had spent weeks largely trapped between about $61,500 and $65,000, leaving volatility unusually low and traders […]
Read MoreTreasury Doubles Long-End Buybacks as Bitcoin and US Stocks Advance
The U.S. Treasury will at least double the maximum size of its buybacks for older long-term bonds to $4 billion per operation, a move that helped push yields lower and supported U.S. stocks, bitcoin and gold on Wednesday morning. The larger limit applies to liquidity-support buybacks in the 10- to 20-year and 20- to 30-year […]
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