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Cryptocoins News / Blockchain  - 4 days ago

Bitcoin Above 56K by June 8: Odds Tilt Show Near-Term Upside

Bitcoin fell about 21% after Strategy’s debt buyback news, sparking a sharp market revaluation and volatility spike. (Read More)

Cryptocoins News / The Cointelegraph ​ - 4 days ago

Bitcoin bears face $2.6B trap as BTC funding rate drops: Is a short squeeze brewing?

Bitcoin bears piled into short positions as BTC price slid to $60,000. Will the $2.6 billion in short leverage lead to an upside squeeze? Key takeaways:The Bitcoin (BTC) crash to $61,100 on Friday wiped out $335 million in leveraged long positions....