Author: boss

Why Ethereum Has Become One Of The Most Heavily Shorted Assets Globally

boss

Across global markets, Ethereum has emerged as one of the most heavily shorted assets, a positioning that reflects more than simple bearish sentiment. It signals a growing divergence between market expectations and ETH’s long-term fundamentals, placing the asset at the center of an increasingly complex macro and structural narrative. How Ethereum Short Interest Now Rivals Commodities Like Silver Ethereum is currently one of the most heavily shorted assets in the world, approaching the scale of traditional commodities like Silver. An analyst known as DGMD.6529 on X revealed that over the…

Payward To Acquire CFTC-Regulated Crypto Derivatives Platform Bitnomial

boss

Payward, the parent company of the Kraken cryptocurrency exchange, announced on Friday that it has entered into a “definitive agreement” to acquire Bitnomial, a US-licensed cryptocurrency and derivatives exchange; the deal values Bitnomial’s equity at $20 billion. Bitnomial is the “first” crypto-native exchange in the United States to hold all three regulatory licenses from the Commodity Futures Trading Commission (CFTC), including exchange, clearinghouse, and brokerage permits, according to Payward’s announcement. “Settlement mechanics, margin models, and contract structures define what products can exist and who can access them. The US has…

Bitcoin Liquidates $660M In Shorts As BTC Price Rallied Past $78K

boss

Bitcoin (BTC) rallied above $78,000 to hit another 10-week high on Friday as crypto and equity markets reacted to cooling tensions in the US and Israel war in Iran. The rally above range highs also resulted in a large liquidation of leveraged Bitcoin positions. BTC/USD one-hour chart. Source: Cointelegraph/TradingView More than $660 million in short positions were liquidated, with Bitcoin accounting for $353 million of that total. Ether (ETH) followed with $160 million in short liquidations. Related: Three things Bitcoin must do to hold highs above $76K: Analysts Across the…

Bitcoin liquidation map flags $73.6K ‘trapdoor’ and $81.3K squeeze zone

boss

Coinglass shows $2.221B of BTC longs below $73,610 and $913M of shorts above $81,264, turning the next $10K band into a $3.1B liquidation minefield for traders. Summary Coinglass data indicate that if Bitcoin falls below $73,610, cumulative long liquidation intensity on major centralized exchanges jumps to about $2.221 billion. On the upside, a clean break above $81,264 would put around $913 million of shorts at risk of liquidation, turning a relatively small move into a potential $3.1 billion forced‑flow event. The new band extends an April pattern in which Coinglass…

Bitcoin Hits $78,348 as Strait of Hormuz Reopening Ignites Global Relief Rally

boss

Key Takeaways: Bitcoin hit $78,348 as Iran reopened the Strait of Hormuz, marking its highest price since Feb. 4. Global markets surged as Brent crude fell below $89, wiping out $810 million in crypto short positions. Future stability remains at risk as the IRGC warns that the Trump administration’s blockades may void the deal. Geopolitical Shifts Drive Market Sentiment Bitcoin swept past the $78,000 mark—the first time it has done so since Feb. 4—as markets reacted positively to Iran’s announcement that the Strait of Hormuz is now “completely open,” at…

Bitcoin, Altcoins Soar After Iran Opens Strait of Hormuz

boss

Key points: Bitcoin soared above $76,000, opening the doors for a further rally toward $84,000. Several major altcoins are showing strength, signaling broad-based buying by the bulls. Bitcoin (BTC) skyrocketed above the $76,000 resistance on Friday after Iran’s foreign minister said that the Strait of Hormuz will remain open for the remainder of the ceasefire between the US, Israel and Iran. Another positive sign for the bulls is that BTC’s rise has been supported by solid accumulation by the whales. According to CryptoQuant data, BTC whales holding more than 1,000…

Singapore Gulf Bank Adds Fiat-to-Stablecoin Conversion Feature

boss

Singapore Gulf Bank (SGB) has introduced a service that lets institutional clients mint and redeem stablecoins directly from their bank accounts, using the Solana layer-1 blockchain network to enable round-the-clock settlement between fiat and digital assets. The service will initially support Circle USDC (USDC) transactions above $100,000 and includes temporary fee waivers for minting and redemption on the Solana network, according to SGB’s announcement. Additional assets such as Tether’s USDT (USDT), Ethena’s USDe (USDe) and Global Dollar (USDG) are expected to follow, the company said. The new feature is integrated…

French Finance Minister Backs Euro-Pegged Stablecoins in Response to US

boss

Roland Lescure, France’s finance minister, backed an initiative by European banks to launch a euro-pegged stablecoin in 2026 to compete with US dollar-backed tokens, which currently dominate the market. According to a Friday Reuters report, Lescure supported the euro-pegged Qivalis stablecoin plan launched in September 2025 by EU banks, including Dutch lender ING and Italy’s UniCredit. The goal of the banks was to create a stablecoin in compliance with the EU’s Markets in Crypto Assets (MiCA) regulatory framework; the MiCA-compliant euro stablecoin is expected to be launched in the second…

13 Years Of Data Says Bitcoin Price Has Not Bottomed Yet, Analyst Explains The Trend

boss

Bitcoin is now printing green candlesticks on the weekly and daily timeframes, and this raises the question of whether the worst has already passed or maybe the floor is still months away.  An interesting analysis of Bitcoin’s price action over a multi-year time span pushes back against the growing optimism, pointing to a pattern that has held for more than a decade and suggesting that time, not just price, may still be working against a confirmed bottom. Every Bitcoin Bear Market Has Taken Over A Year To Bottom Going back…

Bitcoin pierces $77,000 as leverage builds above and below spot

boss

BTC has broken $77K with 3.45% daily gains, but Coinglass shows $2.221B of longs below $73,610 and $913M of shorts above $81,264, turning the range into a leverage trap. Summary Bitcoin has broken through $77,000 on Gate, with BTC/USDT last changing hands around $77,019 and up 3.45% over the past 24 hours. The move comes as Coinglass data show roughly $2.221 billion in BTC longs sitting below $73,610 and $913 million of shorts above $81,264, turning the $70,000–$80,000 band into a heavily levered zone. Traders now face a market where…