If Bitcoin drops below $73,786, more than $1.29 billion in leveraged long positions could be liquidated across major centralized exchanges, according to derivatives analytics platform Coinglass. Summary Coinglass flags $1.291 billion in BTC long liquidations below $73,786 on major exchanges A move above $80,995 would put about $1.223 billion of BTC short positions at risk Coinglass data build on earlier BTC liquidation bands that marked $73.6k and $81.3k as key trigger zones Fresh data from Coinglass show that if Bitcoin (BTC) falls under $73,786, cumulative long liquidation intensity on mainstream centralized exchanges…
Category: Bitcoin News
German lawmakers block Green plan to end Bitcoin tax break
Germany’s Finance Committee has rejected a proposal from the Green Party to scrap the country’s tax exemption for cryptocurrencies held longer than one year. Summary Germany’s Finance Committee rejected a Green Party proposal to end the country’s one-year crypto tax exemption for long-term holders. CDU/CSU, AfD, and SPD lawmakers opposed the measure for different reasons, while only Die Linke backed the proposal with reservations. Finance Minister Lars Klingbeil has separately signaled plans to revise crypto taxation by 2027 as Germany expands oversight under EU reporting rules. According to the committee…
The real race isn’t Bitcoin vs. Ethereum. It’s the US vs. China on digital money
While crypto Twitter argues about Bitcoin versus Ethereum, two superpowers are quietly running a different race. The United States is using dollar-backed stablecoins to extend the dollar’s reach into every corner of the digital economy. China is using its e-CNY and the mBridge platform to build an alternative settlement system that bypasses the dollar entirely. The outcome will shape the next century of global finance. And almost nobody outside policy circles is paying attention. Summary The United States has used dollar-backed stablecoins and the GENIUS Act to expand the dollar’s…
What is Bitcoin Pizza day?
Bitcoin Pizza Day has once again drawn attention to the first known real-world Bitcoin transaction, a 2010 pizza purchase that later became one of the most referenced moments in cryptocurrency history. Summary Bitcoin Pizza Day commemorates the first known real-world Bitcoin purchase after Laszlo Hanyecz paid 10,000 BTC for two pizzas in 2010. The 10,000 BTC used in the transaction would now be worth more than $772 million with Bitcoin trading near $77,000. Crypto exchanges and online communities continue to celebrate May 22 each year with promotions, memes, and references…
Bitcoin DeFi without complexity: Rootstock’s user-friendly approach
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Bitcoin DeFi platforms on Rootstock simplify staking, rBTC rewards, and DeFi access for mainstream users. Summary Rootstock is expanding Bitcoin DeFi access with staking, rBTC rewards, and EVM-compatible infrastructure. The sidechain has operated since 2018, offering lower fees, faster confirmations, and Bitcoin-backed security. RootstockCollective lets users stake RIF tokens while helping fund Bitcoin-focused builders through its DAO model. Bitcoin DeFi is no longer reserved for technical experts. Platforms built…
Trump Media Sends 2,650 Bitcoin Worth $205M to Crypto.com, Raising Treasury Questions
Key Takeaways A Trump Media-linked wallet sent 2,650 BTC worth $204.93M to Crypto.com on May 22. Trump Media posted a $405.9M Q1 loss on crypto markdowns and still holds 6,889 BTC worth ~$532M. No official statement has been issued, leaving the transfer’s purpose, i.e., sale or custody, unconfirmed. Trump’s Treasury Strategy Draws Scrutiny Onchain data shows a Trump Media-linked address depositing 2,650 BTC, valued at roughly $204.93 million, to Crypto.com on May 22. Following the transfer, the address still holds an estimated 6,889 BTC, worth approximately $532.78 million at current…
US Lawmakers Introduce ARMA Bill to Codify Strategic Bitcoin Reserve With 20-Year Hold and 1M BTC Goal
Key Takeaways The ARMA bill, backed by 14+ congressmen, aims for a 1M BTC federal reserve with a 20-year mandatory hold. Begich and Golden’s legislation authorizes the Treasury to buy up to 200,000 BTC annually for five years. The bill bans federal impairment of personal bitcoin ownership through an embedded self-custody clause. Bipartisan ARMA Bill Targets 1 Million Bitcoin Reserve Congressman Nick Begich (AK-AL) and co-lead Congressman Jared Golden (ME-02) formally introduced the American Reserve Modernization Act of 2026, known as ARMA, on May 21, backed by an immediate coalition…
Will Bitcoin price revisit $76K as bullish trendline support collapses?
Bitcoin has fallen back toward the $77,000 region after losing a key ascending trendline support that had guided its recovery from April lows. Summary Bitcoin fell back toward $77,000 after breaking below a key ascending trendline support and failing to reclaim the 200-day moving average near $80,800. U.S. spot Bitcoin ETFs recorded roughly $1.4 billion in weekly outflows, while over $744 million worth of BTC moved to exchanges over the past five days. CoinGlass liquidation data showed dense long liquidation clusters near $76,000 as traders monitored rising oil prices, Fed…
Trump Media moves over 2K BTC to crypto.com, what does it mean for Bitcoin?
Trump Media & Technology Group has transferred another 2,650 Bitcoin worth about $205 million to Crypto.com, adding fresh scrutiny to the company’s crypto treasury strategy as its holdings remain deeply underwater. Summary Trump Media moved 2,650 Bitcoin worth about $205 million to Crypto.com, according to Lookonchain data. The company’s Bitcoin treasury has fallen sharply below its reported average purchase price of about $118,522 per coin. Trump Media previously disclosed a $405.9 million quarterly loss, with most of the hit tied to unrealized crypto asset markdowns. According to blockchain analytics platform…
Bitcoin, Ethereum traders brace for $1.9B options expiry
Bitcoin options expiry saw traders cut risk, with Greeks.live data pointing to weak activity, lower implied volatility, and defensive positioning. Summary Greeks.live said 21,000 Bitcoin options expired with $1.6 billion in notional value settled on Friday. Ethereum options activity cooled as 129,000 contracts expired, with ETH spot below max pain levels. Lower implied volatility and defensive whale trades point to weaker appetite after Bitcoin’s rally stalled. Greeks.live said 21,000 Bitcoin options expired on May 22, carrying a put-call ratio of 0.66, a max pain level of $78,500, and $1.6 billion…