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Bitcoin bounces back: $117K and $600M in liquidations
The whole monthly drop is erased.
Short sellers took the biggest hit — $400M wiped out in a single move.
#BTC #Liquidations 

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Michael Burry warns of a potential market crash driven by overheated AI stocks Burry says the U.S. market could face a downturn comparable to — or worse than — the dot-com collapse. He argues that AI companies are heavily overvalued, with growth based on expectations rather than profit, and valuations now exceed 1990s levels. Burry highlights a structural risk: index funds and ETFs control more than half the market, which could accelerate sell-offs during stress. He has closed his fund and taken bearish positions against major AI players. #US

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D.O.G.E. denies reports of early shutdown The U.S. Department of Government Efficiency (D.O.G.E.) called the Reuters report about its dissolution “fake news.” According to the agency, President Trump mandated it to modernize the federal government, and last week it canceled 78 ineffective contracts, saving $335 million. A regular Friday update is promised “in a few days.” #US #DOGE

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CZ sued over alleged facilitation of payments to Hamas American citizens whose families were affected by the Hamas attack in Israel on 7 October 2023 have filed a civil lawsuit against Changpeng Zhao, according to the Financial Times. The suit claims CZ allegedly enabled transfers worth millions of dollars to the group through Binance’s infrastructure during his tenure. Media note that this is a civil case, and the allegations rely on assumptions about Binance’s possible role in processing suspicious transactions. #CZ

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Machi Big Brother has been fully liquidated His remaining balance is just $15,538, while total losses have surpassed $20,200,000 a complete wipeout for the well-known trader. #Liquidations

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Bitwise identifies Bitcoin’s key “maximum pain” levels Andre Dragos from Bitwise Europe says the crucial stress points for the market lie near $84,000 BlackRock’s (IBIT) average entry and $73,000, MicroStrategy’s cost basis. A drop toward either level could mark a full cycle flush and the creation of a potential final bottom. #blackRock

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Latest News

Bitcoin Tax Exemption Debate Intensifies Amid Legislative Proposals

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Bitcoin Market Dynamics Shift Amid Investor Sentiment Changes

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Significant POL Transfer Between Anonymous Addresses

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Bitcoin(BTC) Drops Below 86,000 USDT with a 1.04% Decrease in 24 Hours

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BNB Drops Below 830 USDT with a 1.93% Decrease in 24 Hours

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