Fortune

Traders bet bitcoin was stuck below $67,000. The Treasury blew that trade up in one afternoon

Traders bet bitcoin was stuck below $67,000. The Treasury blew that trade up in one afternoonWorldPing

A surprise bond buyback triggered a squeeze that liquidated over $4 billion in bearish crypto bets and sent bitcoin past $77,000.

This is a short WorldPing brief. The full report was published by Fortune.

Read the full report at Fortune

Related news

‘Friday afternoon fraud’: warning for UK homebuyers on bank scamsWorldPing
The Guardian

‘Friday afternoon fraud’: warning for UK homebuyers on bank scams

Victims have lost tens of thousands – and in one case £300,000 – due to fake emails from solicitor or estate agent You are poised to move house and are awaiting the solicitor’s instructions that things are ready to go and it is time to hand over your deposit.

Brief by WorldPing · Original reporting by The Guardian

Paul Sztorc’s Bitcoin Fork ECX Rips Past 25,000 Blocks in Just 13 HoursWorldPing
Bitcoin.com

Paul Sztorc’s Bitcoin Fork ECX Rips Past 25,000 Blocks in Just 13 Hours

Since Paul Sztorc’s ECX hard fork kicked off, more than 25,092 blocks have been mined during the Alpha phase, and block times have swung wildly. The network has already chewed through several difficulty adjustments, with some delivering massive upward jolts.

Brief by WorldPing · Original reporting by Bitcoin.com