The Biggest Bitcoin Bear Keeps Adding to Their Short Position as BTC Price Slides Further
The liquidation price is less than $1,000 higher, but the trader keeps pumping their short.
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Bit Digital Stock Rises Despite $107.2 Million Q2 Loss
Bit Digital stock climbed after the company reported a $107.2 million net loss for the second quarter, breaking from the sell-off that punished rival crypto-linked shares this week. The Nasdaq-listed Ethereum (ETH) treasury and artificial intelligence (AI) infrastructure firm booked…
Bitcoin’s stall around $63,000 exposes how weak its buyers have become amid record high S&P 500
The S&P 500 reached 7,798.99 while Bitcoin hovered above a cost-basis fault line amid record-low spot activity.
South Korean lawmaker warns 22% crypto tax could drive capital overseas
South Korean lawmaker Park Soo-young has called for the government to withdraw its planned 22% tax on virtual asset gains before the levy takes effect on Jan. 1, 2027, arguing that the policy unfairly targets roughly 13 million crypto users…
Polymarket Faces Baltimore Lawsuit and Lost JPMorgan Banking Relationship
Baltimore has sued prediction market operators Kalshi and Polymarket, accusing both of running unlicensed sportsbooks in the city. Mayor Brandon Scott and the City Council filed the complaints Thursday in Circuit Court for Baltimore City. Baltimore Sues Kalshi and Polymarket…
JPMorgan cuts Polymarket banking ties over regulatory concerns: Report
JPMorgan Chase reportedly cut banking ties with Polymarket in October 2025 over regulatory concerns but remains open to an underwriting role if the platform goes public.
Live updates: Bitcoin slips back to $63,000; MSCI threatens to exclude Strategy from indices
WTI crude tops $82 a barrel, adding inflation pressure and weighing on risk assets as bond yields rise.
Upbit to delist STORJ, JASMY and TT in South Korea on Sept. 14
Upbit and Bithumb will delist STORJ, JASMY and TT on Sept. 14 after warning issues remained unresolved, with withdrawals open until Oct. 14.
HTX and FCA seek settlement in UK crypto marketing lawsuit
HTX and the UK Financial Conduct Authority have entered settlement talks over allegations that the crypto exchange illegally promoted its services to British consumers, with High Court proceedings paused until late August while negotiations continue. Reuters reported on Aug. 13,…
Ethereum Makes Major Cryptography Pivot to Prepare for Quantum Era
The Ethereum Foundation is abandoning the Poseidon hash function on its base layer, moving to options like SHA or BLAKE, according to researcher Justin Drake. The shift reshapes the network’s long-term plan to resist future quantum computers. Drake announced the…
Plume, Shinhan test KRW tokenized fund in offshore PoC
Plume and Shinhan Asset Management will test a KRW tokenized bond fund offshore before South Korea’s security token rules take effect in 2027.
Bitcoin Shrugged Off Good CPI and PPI Data: Why Is BTC Still Stalling?
Why is BTC actually down weekly even after the rather positive CPI and PPI data?