Market
Bitcoin Tops $37K for First Time Since May 2022 as Short Squeeze Bumps Prices Amid BTC ETF Optimism
Over $62 million in bitcoin shorts were liquidated in the past 24 hours, contributing to higher prices.

XRP, LINK, DOGE Lead Altcoin Gains as Bitcoin Sits at $35K
A few days of outperformance has ignited chatter about "altcoin season."

Crypto Traders Suffer Over $100M of Short Liquidations as Bitcoin Hits 3-Month High Over $31K
BTC surged past $31,000 and other cryptocurrency prices soared sharply Monday, too, taking many leveraged traders by surprise.

Bitcoin Nears $29K as Fidelity ETF Amendment Bumps Bullish Sentiment
Some analysts said the amendments show the U.S. Securities and Exchange Commission is holding active discussions with related parties.

Bitcoin Traders Eye $28K; Solana, Cardano and Tellor Lead Altcoin Bump
Traders at Japanese exchange Bitbank said in a daily note that they expect bitcoin prices to move towards the $28,000 level, citing ETF optimism.

Arbitrum Users Can Now Trade Bitcoin Mining Power With Each Other
Bitcoin miners have the ability to easily buy and sell hashing power to interested purchasers. The trades will be routed through smart contracts and will specify hashrate amount, duration and price.

CFTC Commissioner Pitches Pilot Program for U.S. Crypto Regulation
Commissioner Caroline Pham is outlining a “time-limited” program to start allowing regulated crypto markets and tokenization, an approach she says has precedents.

Indian Crypto Exchange CoinSwitch Cuts Support Team, Citing Market Doldrums
The firm laid off 44 employees from the team, which still has 82 members.

XRP's Market Cap Momentarily Zoomed to Trillions of Dollars on Gemini
Low liquidity after the token’s relisting likely caused a temporary pricing glitch on the exchange.

Crypto Options Traders Bet Against Volatility
"Given the absence of big news in August, selling volatility and taking a vacation for solid theta gains is the only thing I can do right now," one trader said. Crypto traders typically short volatility by selling, or writing, call or put options.
