Bitcoin short squeeze risk rises as open interest nears $25 billion

Bitcoin is showing conditions often linked to a potential short squeeze, as derivatives positioning becomes increasingly tilted toward bearish bets. Data from CryptoQuant indicates that Bitcoin open interest climbed to around $24.2 billion, a five week high. At the same time, funding rates dropped to......

TikTok pulls "Fruit Love Island" after AI fruit drama series hits 300 million views in 10 days

A talking banana named Bananito became the unlikely star of social media's latest viral obsession. "Fruit Love Island," a micro-drama series entirely generated by AI featuring anthropomorphic fruit characters caught in soap opera-style love triangles, amassed around 300 million views and......

Apple sets WWDC 2026 for June with preview of iOS 27

Apple confirmed that its annual Worldwide Developers Conference will take place from June 8 to June 12, positioning the event as a key moment for unveiling iOS 27 and updates across its software ecosystem. The conference will be primarily online and free for developers worldwide, with a limited in person......

Dogecoin longs surge raises risk of liquidation cascade

Bullish bets on Dogecoin have reached their highest levels in months, even as the cryptocurrency’s price declines, creating conditions that analysts say could trigger large-scale liquidations. On March 22, the long to short ratio for Dogecoin futures climbed to 3.29 on OKX and around 2.46 on Binance,......

Crypto fear index plunges to extreme lows amid market selloff

The Crypto Fear and Greed Index has dropped to 8, marking one of its lowest levels since 2022 and signaling extreme investor anxiety across digital asset markets. The index, compiled by Alternative.me, measures sentiment on a scale from 0 to 100 using factors such as volatility, trading volume, social......

Bitcoin rally could trigger $5 billion short squeeze near $75,000

Around $5 billion in short cryptocurrency positions could face liquidation if Bitcoin rises to $75,000, highlighting a key pressure point in the derivatives market that could accelerate price gains. Bitcoin was trading near $69,000 on March 22 after retreating from a brief move above $75,000 earlier......

Solana climbs above $90 as ETF inflows and short squeeze drive rally

Solana rose about 7 percent on Monday, breaking above the $90 level and reaching a peak near $95, supported by institutional inflows, short position liquidations and renewed attention around the network’s sixth anniversary. The move marked Solana’s highest level in roughly five weeks, with......

Ethereum hits six week high as crypto markets rally on easing tensions

Ethereum climbed sharply on Monday, rising nearly 9 percent in 24 hours to its highest level in six weeks, as broader cryptocurrency markets advanced on improving sentiment linked to easing tensions involving Iran. The second largest cryptocurrency broke above the $2,200 resistance level and traded......

Crypto fear index exits extreme fear after 41 day market slump

The cryptocurrency market’s widely followed sentiment indicator has moved out of “extreme fear” for the first time in more than six weeks, ending one of the longest periods of investor panic recorded by the Crypto Fear and Greed Index. The indicator remained below the 25 point threshold......

Bitcoin climbs above $70,000 as markets react to Iran war de escalation signals

Bitcoin rose above $70,000 on March 10 as global markets stabilized following comments from U.S. President Donald Trump suggesting that the military campaign involving the United States and Israel against Iran could soon come to an end. The cryptocurrency traded around $70,322, up roughly 2.8 percent......

Sony ends PC releases for major single player PlayStation games

Sony Group Corp. will stop releasing its major single player PlayStation 5 titles on PC, ending a six year experiment with cross platform launches that the company now considers commercially ineffective, according to Bloomberg. The decision means several high profile games will remain exclusive to the......

Arthur Hayes warns AI job losses could trigger $500 billion banking crisis

BitMEX cofounder Arthur Hayes has warned that artificial intelligence driven job losses could spark a major credit crisis in the United States, arguing that recent Bitcoin price movements are signaling mounting stress in the financial system. In an essay titled “This Is Fine” published on......

X hit by second major global outage in a month

Elon Musk’s social media platform X experienced a widespread outage on Monday, with thousands of users in the United States, the United Kingdom and India reporting they were unable to load their feeds or publish posts. The disruption began around 8:02 a.m. Eastern Time, or 13:02 GMT, marking the......

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