Trader who made $49 million shorting crypto lost $24 million on ether in 12 seconds
The Hyperliquid wallet known as pensionusdt.eth was forced out of a 50,000 ETH short as ether surged, with five liquidation orders helping push the price…
Rushed CLARITY Act vote could set legislation back, Gallego warns
Gallego said the White House has not provided pointbypoint feedback on a bipartisan ethics proposal as a September vote approaches. Source：Cointelegraph
Ether jumps 18% to $2,250 as bitcoin tops $69,000 in broad crypto rally
Every major except tron posted doubledigit weekly gains, with nearly $1.4 billion of short positions wiped out after the Treasury doubled its bond buybacks.…
FalconX, Ethena bring USDe backing assets into $1B institutional credit facility
The $1 billion facility will deploy assets backing USDe into overcollateralized institutional loans, expanding Ethena’s sources of returns beyond crypto basis…
Bitcoin surges above $68,000, liquidating $1.4 billion shorts as Treasury buybacks boost risk appetite
BTC rose about 6% while ether, solana and crypto stocks climbed after the Treasury doubled the size of its bond buybacks. Source：CoinDesk
Standard Chartered analyst eyes $100K BTC as US Treasury doubles long-end buybacks
Bitcoin’s rebound toward $69,000 is gaining momentum as Geoff Kendrick points to improving liquidity conditions and a potential cycle bottom.…
Crypto Long & Short: Where DeFi yield really comes from (and why it broke this spring)
In this week's Crypto Long & Short, Solstice Finance's David Plisek argues that most of the money lost in DeFi this spring wasn't taken by hackers but by yield…
Beyond crypto funding rates: Ethena diversifies USDe backing with $1 billion FalconX facility
The warehouse facility gives Ethena another source of returns for the assets backing USDe while channeling onchain capital into overcollateralized…
Should you Venmo your tuition? Here’s what to know as colleges add new payment options.
Some universities will begin accepting the nontraditional payment method as consumers seek flexible spending options. Source：MarketWatch
Bitcoin stuck in a six-week range as global bond yields hit highest levels for decades
BTC volatility has dropped to multiyear lows as surging Treasury yields rattle equities and traders await the Fed's July meeting minutes for clues on the…
Bitcoin ETFs add $189M as August net inflows approach $1B
US spot Bitcoin ETFs took in $189 million on Tuesday, lifting August net inflows to $951 million, while Ether ETFs added $71.5 million. Source：Cointelegraph
Solana leads bitcoin and ether higher while Korean chip stocks slide 7%
Bitcoin held near $64,000 and every major except BNB gained, while Korean semiconductor stocks fell more than 7% and Fed minutes are due at 2 p.m. ET.…