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CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
- Bitcoin surged above $71,000 as the crypto market pump sees $175m in shorts liquidated. BTC broke out of the key $70,000 resistance with nearly $48bn trading volume. Wild crypto market pump resulted in the liquidation of shorts worth $175mn. Dogecoin spiked 15% owing to Donald Trump’s popularity as ETH added 3.83%, closing above $2,600. Hong Kong firm Animoca took advantage of the renter’s market to expand its headquarter workspace to that of 10 tennis courts. As BIS mulls shutting mBridge, its innovation hub calls the project a public good. Stablecoin on DOGE denominated bets rose by 33% since Sunday, with DOGE bets spiking to $1.3bn.
- Bitcoin saw massive gains in the past 24 hours, breaking out of a key $70,000 resistance.
- Crypto market pump resulted in shorts worth $175mn being liquidated.
- Dogecoin spiked 15% owing to popularity from Donald Trump’s supporters.
- ETH closes above $2,600 and rallies 3.83%.
- Hong Kong firm Animoca expands headquarters workspace while traditional finance firms cut back.
- As BIS mulls shutting mBridge, its innovation hub calls project a public good.
- Stablecoin denominated bets on DOGE rose by 33% as betting spiked to $1.3bn.
- Bitcoin rallies above $71,000, with the U.S. listed spot ETF inflows breaking records.
- Retail-focused Sazmining is starting an Arctic Circle Bitcoin mining operation in a Norwegian village using hydropower to heat the building.
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