Cryptocurrencies
Crypto Bears Burned as Short Liquidations Hit $1.06 Billion in a Day
Bearish crypto traders absorbed $1.06 billion in short liquidations over 24 hours as the total crypto market capitalization rose 3.7%. Liquidations across the market reached $1.24 billion. The wipeout caught 141,191 traders, while long positions gave up only $174.41 million. Bitcoin Drove the Bulk of Short Liquidations Bitcoin (BTC) alone drove $789.68…
CZ Wants Countries to Tokenize Assets, But There’s A Catch
Binance founder Changpeng Zhao (CZ) said tokenization could help countries raise money and attract foreign investment, while acknowledging that putting assets on multiple blockchains could fragment liquidity. His comments come as the tokenization market continues to expand, with the total value of distributed assets now at $38.40 billion. CZ Pushes For…
Bitcoin Rockets Past $75K as Analyst Declares the Bull Market Has Begun
Numerous altcoins have recorded more impressive gains today, led by Ripple's XRP.
Memory Is the “Strategic Infrastructure of the AI Era,” Micron CEO Says
Micron CEO Sanjay Mehrotra said memory has become the strategic infrastructure of the artificial intelligence era, a shift he argues has permanently reset the economics of a cyclical industry. He made the comments on Thursday at a semiconductor fabrication site near the company’s headquarters in Boise, Idaho. The firm is building two fabs as part
Asian Stocks Slide on Bond Stress: Will Safe Havens BTC and Gold Keep Rallying?
Asian stocks head for weekly losses as bond-market stress spreads, while Bitcoin and gold rally as safe-haven assets.
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