Bitcoin surges past $78,000, triggers $30M in short liquidations

Bitcoin’s surge and short liquidations highlight market volatility and potential for further price increases amid geopolitical uncertainties. The post Bitcoin surges past $78,000, triggers $30M in short liquidations appeared first on Crypto Briefing.
Bitcoin’s Key Resistance Stall Could Send it Tumbling Much Lower: Analysts
Bitcoin has hit resistance at its 200-day moving average and is showing signs of a trend reversal, according to CryptoQuant on Wednesday. The move closely mirrors a March 2022 pattern where a 43% rally stalled at the same level before prices declined further. “Overall, Bitcoin demand has flipped into contraction,” the analyst wrote. The platform’s […]
Don’t call us just a WLFI treasury company, says AI Financial
The company says it is building a broader fintech, tokenization and digital infrastructure business, but its latest SEC filing shows WLFI still dominates the balance sheet.
OKX Lists Pi Network for Millions of US Users for the First Time
Pi Network has officially expanded its U.S. presence after OKX enabled Pi access for millions of users in the United States for the first time. The announcement came directly from the Pi Core Team on May 21. This marks one of the project’s biggest North American expansion steps to date. The latest Pi Network news […]
Nvidia posts 85% revenue surge, announces $80B buyback as AI demand keeps accelerating

Nvidia’s revenue surge and massive buyback highlight AI’s growing economic impact, signaling robust investor confidence and market influence. The post Nvidia posts 85% revenue surge, announces $80B buyback as AI demand keeps accelerating appeared first on Crypto Briefing.
Jane Street accused of insider trading via Telegram channel with Terraform Labs

The lawsuit could set a precedent for increased scrutiny and regulation of trading firms’ use of private communication channels. The post Jane Street accused of insider trading via Telegram channel with Terraform Labs appeared first on Crypto Briefing.
Map Protocol token MAPO plunges 96% after exploit mints quadrillion tokens

The exploit highlights the vulnerabilities in cross-chain bridges, undermining trust in decentralized finance and impacting token credibility. The post Map Protocol token MAPO plunges 96% after exploit mints quadrillion tokens appeared first on Crypto Briefing.
New wallet withdraws 11,827 Zcash worth $7.9M from Binance

The trend of large Zcash withdrawals from Binance highlights growing concerns over privacy coin regulations and potential market liquidity impacts. The post New wallet withdraws 11,827 Zcash worth $7.9M from Binance appeared first on Crypto Briefing.
Glassnode Finds 20% of Bitcoin Quantum-Exposed by Behavior, Not Code
Glassnode data shows 4.12 million Bitcoin (BTC) are held in quantum-exposed addresses due to address reuse, partial spending, and custody practices, more than double the 1.92 million BTC exposed by Bitcoin’s older script types. The on-chain firm splits Bitcoin’s quantum-exposed supply into structural risk stemming from the protocol’s design and the exposure of public keys, […]
SpaceX hires engineers and physicists for AI push, no aerospace experience required

SpaceX’s AI recruitment strategy could redefine talent acquisition in tech, emphasizing skills over industry experience, impacting innovation. The post SpaceX hires engineers and physicists for AI push, no aerospace experience required appeared first on Crypto Briefing.