Bearish crypto bets lose record $2.7 billion as bitcoin surges toward $70,000
Traders betting against crypto lost $2.74 billion in a day, more than the short side of the October 2025 crash that remains the biggest liquidation event in…
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.…
Bitcoin briefly hits $70,000 for the first time since June. Here is why
The largest crypto asset rose more than 7% on Wednesday after several catalysts sent cryptorelated assets higher. Source：CoinDesk
Trump pushes for CLARITY Act passage alongside crypto leaders
Donald Trump spoke from the White House on Wednesday, urging the Senate to pass a crypto market structure bill to keep the country “ahead of China.”…
Trump pushes Congress to move on Clarity Act during White House crypto event
The CEOs from companies across several techforward sectors met with the president in advance of this week's first Innovation Advisory Committee at the CFTC.…
Trump calls for passage of a key cryptocurrency bill as it falters in the Senate: ‘We need Congress to take the next step’
The Clarity Act is running into resistance because it doesn’t limit the president’s lucrative crypto ventures. Source：MarketWatch
Crypto PAC notches primary wins, but loses $2M Florida race
A Fairshake spokesperson said that the PAC was “just getting started“ on its expenditures as part of efforts to fill US Congress with lawmakers friendly to the…
Crypto campaign fund Fairshake faces $2 million setback in Florida primaries
In a race that drew criticism to crypto's leading political action committee for featuring fake headlines in ads, Fairshake's expensive effort fell short.…
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
US commodities regulator imposes 5-year trading ban on ex-Alameda, FTX execs
The consent orders ended the CFTC’s case against two former crypto executives after FTX and Alameda agreed to $12.7 billion in disgorgement and restitution…
AI could supercharge crypto but there’s a catch, Fidelity Digital Assets says
AI agents could boost crypto activity, but much of the value may bypass blockchains and their tokens. Source：CoinDesk