Bitcoin Shorts Lost $75M Betting Against This Rally
Bitcoin just punished everyone who thought the bottom would fall out, liquidating $75 million in short positions as it cracked $70,000 for the first time since March.
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Bitcoin just punished everyone who thought the bottom would fall out, liquidating $75 million in short positions as it cracked $70,000 for the first time since March.
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A public company now controls nearly 4% of all ether in existence, and Wall Street just gave it the main stage. Bitmine's ETH treasury hit 4.8 million tokens, representing 3.98% of all circulating ether, as the company graduates to the main NYSE board
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Jack Dorsey is bringing back Bitcoin faucets, the 2010-era giveaway model that onboarded early adopters, this time with $1 million in BTC and modern distribution rails. Block's Cash App, Square, and Bitkey are running "Bitcoin Day" April 6-10, giving away $1 million in Bitcoin to US users
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Strategy just bought another [$330 million in Bitcoin](https://cointelegraph.com/news/strategy-adds-4871-bitcoin-holdings-766970-btc?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound) while sitting on $14.5 billion in paper losses, and the conviction play is getting weirder.
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Strategy just bought $330 million in Bitcoin after watching $14 billion in paper value evaporate last quarter, and that's exactly the point. Strategy acquired 4,871 BTC for $330 million, resuming purchases after Q1 turbulence
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Bitcoin just punched through $69,000 on ceasefire rumors while short sellers got liquidated at a 3-to-1 ratio, and the real story isn't the rally, it's what happens when geopolitics stops being a crypto headwind.
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Circle just built the first blockchain that assumes quantum computers will break everything you own, and they're right to. Circle's Arc blockchain will launch with post-quantum cryptography built in from day one, letting users create wallets resistant to future quantum attacks
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XRP is moving, but it's not going anywhere. XRP climbed to $1.33 with rising volume and solid support at $1.30, but remains locked in range-bound trading The token failed to break out despite buyer activity, staying tethered to broader crypto market sentiment
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[$65 million in short positions just got wiped out](https://cryptobriefing.com/65m-in-shorts-liquidated-as-bitcoin-and-ethereum-prices-rise/) as Bitcoin and Ethereum climbed, reminding everyone that betting against crypto in a geopolitical storm is still a terrible idea.
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The crypto market added $89 billion in 24 hours, and it wasn't fundamentals that moved the needle. Total crypto market cap bounced to $2.35 trillion after hitting a $2.27 trillion low on April 5, gaining roughly $89 billion
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Bitcoin is stuck at $67K while multiple investor classes dump coins, and traders say lower lows are coming. Bitcoin is trading near $67K with Binance order-book data showing selling pressure across different investor segments heading into the weekend
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The number of qubits needed to crack Bitcoin just dropped from millions to under 10,000, and nobody's talking about what happens next. New research cut quantum computing requirements for a Bitcoin attack by two orders of magnitude, from millions of qubits to fewer than 10,000
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While billion-dollar mining operations dump coins to cover their power bills, one solo miner just hit a $210,000 jackpot with odds worse than getting struck by lightning. A solo Bitcoin miner using CKPool won a $210,000 block reward, beating roughly 1-in-28,000 daily odds
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The Bitcoin-versus-dollar narrative just got flipped: they might actually need each other. Sam Lyman from the Blockchain Policy Institute argues Bitcoin and the U.S. dollar have a symbiotic relationship, where demand for one strengthens the other.
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Michael Saylor just turned the orange dot back on, and the Bitcoin market is watching to see if institutions still have conviction or just PowerPoints.
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Bitcoin's largest holders are bleeding $200 million a day, and the data says this is just getting started. Wallets holding 100-10,000 BTC are realizing daily losses over $200 million on a 7-day moving average, with BTC stuck below $70,000
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Bitcoin stopped taking orders from the Fed and started giving them. Bitcoin's correlation with central bank easing flipped negative in 2024, meaning BTC now moves ahead of monetary policy instead of reacting to it.
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Bitcoin just hit its most hated moment of 2026, but the price isn't moving like you'd expect. Bitcoin dropped to $65,834, its lowest price of 2026, following Trump's vow to strike Iran "extremely hard"
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Prediction markets now put US troops on Iranian soil by month's end at 86%, the highest odds yet as Iraqi militia forces cross the border. Iraqi Popular Mobilization Forces entered Iran, marking a significant escalation in regional military activity
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Former crypto miners are now worth $48 billion because they control something Big Tech desperately needs: power contracts. Eleven former crypto-mining firms have grown from $2.1 billion market cap in late 2022 to $48.5 billion today, a 23x jump in valuation driven by AI infrastructure demand.
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