In Brief A Polymarket user bet $385,000 on Taylor Swift’s engagement, shifting market odds by 12% just before the news broke. Crypto sleuths linked “romanticpaul” to Paul Sidoti, Swift’s longtime guitarist, sparking online speculation. The case raises questions about whether such Web3 wagers count as insider trading, and what they mean for online betting. User…
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In Brief Hut 8 plans four new US sites, adding 1.5 GW to expand mining and infrastructure Shares jumped 10.49% to $25.91, still below 2021 peak during Bitcoin’s third halving. $2.4B liquidity, including Coinbase financing, supports expansion amid rising AI-driven data center demand. Hut 8 (HUT), a bitcoin mining and digital infrastructure company, surged Tuesday…
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In Brief A whale’s $16 million move on Hyperliquid sent XPL soaring 200%, wiping shorts and triggering one of the craziest liquidation cascades. Hyperliquid’s HLP vault gained $47.000 in fees but risked losses, showing the double-edged nature of liquidity provision in volatile markets. The XPL event highlights key lessons: avoid high leverage, track liquidity depth,…
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US President Donald Trump fired Federal Reserve Governor Lisa Cook on Monday, marking an unprecedented escalation in his battle with the central bank. The dismissal represents the first time a president has ousted a Fed governor in the institution’s 111-year history. Trump cited allegations of mortgage fraud against Cook as grounds for removal, though she…
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In Brief Crypto market cap drops 3.83%, triggering nearly $1 billion in liquidations, mostly from longs, as BTC and ETH face steep declines. Solana (SOL) leads losses with a 10.75% drop, while whales capitalize on the dip, buying BTC and ETH amid market turbulence. Despite warnings from critics, strong buy-the-dip sentiment indicates investor confidence in…
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In Brief The crypto market lost $166 billion in 24 hours, triggering $818 million in liquidations as TOTAL tests the $3.73 trillion support. Bitcoin fell 3.2%, dropping below $110,000, with $108,000 as a key support that may stabilize prices if buying resumes. Fartcoin slid 17% to $0.78, its lowest in four months, with $0.73 as…
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In Brief Bitcoin profits fell to a two-month low, with several addresses moving out of profit, yet $1 billion worth of BTC accumulated in 24 hours. On-chain data shows 11,890 BTC withdrawn from exchanges, signaling strong accumulation and investor confidence. BTC trades at $112,425, holding the $112,500 support zone; a bounce toward $115,000 is possible,…
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In Brief Saros (SAROS) experienced a dramatic 70% price drop, briefly erasing months of gains and sparking comparisons to MANTRA (OM). The crash was attributed to leveraged traders reducing positions, but SAROS has since bounced back to $0.35. Despite recovery, over 50% of the community remains bearish, highlighting broader risks in the altcoin market. The…
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In Brief US consumer confidence dips may pressure risk assets, influencing Bitcoin and Ethereum short-term price movements. Initial jobless claims signal labor market strength or weakness, impacting Fed decisions and crypto liquidity. PCE inflation data reveals spending trends and sticky prices, shaping long-term Bitcoin appeal as a hedge. Crypto traders have three US economic signals…
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In Brief Yomiuri reported Japan’s FSA will reorganize in 2026, creating a bureau overseeing crypto and insurance. The overhaul responds to scandals in the insurance industry while expanding oversight into digital finance. The new bureau integrates asset management, crypto, and insurance, supporting Japan’s “asset management nation” policy. Japan’s Financial Services Agency (FSA) plans a major…
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