Crypto Liquidations Hit $264M as Bitcoin Price Slides Ahead of CPI Data

Crypto Liquidations Hit $264M as Bitcoin Price Slides Ahead of CPI Data

Bitcoin dipped below $78,000 on Tuesday, reaching a daily low of $77,603 before mounting a minor relief rally back to around $78,600. Bitcoin Drops Below $78,000 as August Momentum Cools Bitcoin briefly dipped below $78,000 on Tuesday, continuing a downward trend after dropping below $79,000 following a weekend above that threshold. The gradual decline, which […]

source https://news.bitcoin.com/market-updates/crypto-liquidations-hit-264m-as-bitcoin-price-slides-ahead-of-cpi-data/
Abraxas Buys $32M Ether to Hedge a $353M Short It Won’t Close

Abraxas Buys $32M Ether to Hedge a $353M Short It Won’t Close

Abraxas' latest short moves.Abraxas Capital has added 13,000 ETH worth about $32.39 million in the spot market, offsetting a 141,180 ETH short on Hyperliquid valued near $353.27 million. Abraxas’ Buy The purchase was brought to light earlier today, with the firm acquiring 13,000 ETH in the spot market for about $32.39 million (or an implied price near $2,491 […]

source https://news.bitcoin.com/crypto-news/abraxas-capital-32m-eth-hedge-353m-hyperliquid-short/
Bitcoin Price Holds Near $80K as XRP Eyes $1.50 Ahead of Sept. 11 Test

Bitcoin Price Holds Near $80K as XRP Eyes $1.50 Ahead of Sept. 11 Test

XRP price chartBitcoin and XRP have traded in near-perfect sync since Sept. 3, peaking on the same day and pulling back by almost the same amount. That relationship faces a major test this week as an XRP Ledger upgrade lands alongside U.S. inflation data. Bitcoin-XRP Lockstep Faces Its Biggest Test as CPI and XRPL Upgrade Near Bitcoin […]

source https://news.bitcoin.com/market-updates/bitcoin-price-holds-near-80k-as-xrp-eyes-1-50-ahead-of-sept-11-test/
Bitcoin Takes 79% of Crypto ETF Weekly Inflows as Funds Add $1.24B

Bitcoin Takes 79% of Crypto ETF Weekly Inflows as Funds Add $1.24B

ETF acronym from wooden cubes with lettersU.S. crypto exchange-traded funds (ETFs) attracted about $1.24 billion in net inflows during the week of Aug. 31 to Sept. 4, led overwhelmingly by bitcoin funds. Bitcoin ETFs alone drew $986.85 million, while ether, XRP, solana and HYPE products also finished the week in positive territory. Bitcoin ETF Inflows Hit $987M in Third Straight Winning […]

source https://news.bitcoin.com/bitcoin-etf/bitcoin-takes-79-of-crypto-etf-weekly-inflows-as-funds-add-1-24b/
Bitcoin Price Drops Below $79K Line as Longs Get Torched in $208M Rout

Bitcoin Price Drops Below $79K Line as Longs Get Torched in $208M Rout

Bitcoin price chart dailyBitcoin price fell back below $79,000 on Monday after a brief spike to $80,537, down 1% over 24 hours to trade near $78,785. Long Liquidations Outpace Shorts Bitcoin price slipped under $79,000 on Monday, just hours after briefly reclaiming the $80,000 level for the first time since Friday’s sharp sell-off. Before the decline, bitcoin traded […]

source https://news.bitcoin.com/market-updates/bitcoin-price-drops-below-79k-line-as-longs-get-torched-in-208m-rout/
Liquid Hackers Return 3,400 BTC, Keep $47M as Network Stays Frozen

Liquid Hackers Return 3,400 BTC, Keep $47M as Network Stays Frozen

BTC transfer on Monday from Liquid hackers.Self-described white-hat hackers who drained nearly all of Liquid Network’s bitcoin reserves have returned 3,400 BTC worth about $268 million, while keeping roughly 598.5 BTC valued at $47 million. The return marks a significant turn in an incident that began Sunday, Sept. 6, when roughly 4,000 BTC, then worth about $320 million, left the Liquid […]

source https://news.bitcoin.com/security/liquid-hackers-return-3400-btc-keep-47m-as-network-stays-frozen/
‘We Are Whitehats’: Nearly 4,000 BTC Drained From Blockstream’s Liquid Peg

‘We Are Whitehats’: Nearly 4,000 BTC Drained From Blockstream’s Liquid Peg

Ergo BTC X post on Liquid.According to several reports, nearly 4,000 bitcoin worth roughly $319 million appear to have moved out of the Liquid Network’s federation wallet Sunday, followed by an onchain message from an unidentified party claiming, “we are whitehats. contact us on chain.” The developing story remains unconfirmed by the network’s team, and neither Blockstream, Liquid, nor Adam […]

source https://news.bitcoin.com/security/we-are-whitehats-nearly-4000-btc-drained-from-blockstreams-liquid-peg/

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