Bitcoin ‘cascading long squeeze’ to blame for slump to $60K
An increasing number of traders entering new long positions was the “fuel” behind Bitcoin’s slump to $60,000, according to a Bitcoin analyst Willy Woo.
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The economy is facing an outlook bleaker than a Welsh weather forecast, and few are rushing to buy risk assets. Here are a few tips for weathering unfavorable market conditions.Option #1: Save cashThere’s no shame in sitting on the sidelines and saving cash or stablecoins. When bullish momentum returns, you will have plenty of dry…

Montenegrin court delays Do Kwon’s extradition to South Korea
The Terraform Labs co-founder has been in Montenegro since his arrest in 2023, potentially facing extradition to either his native South Korea or the United States.

BTC price shrugs off strong PCE data as Bitcoin traders eye $28K range
Bitcoin (BTC) stayed rangebound at the July 28 Wall Street open despite further United States inflation data beating expectations.BTC/USD 1-hour chart. Source: TradingViewFed's "preferred" inflation metric points to waning pressureData from Cointelegraph Markets Pro and TradingView showed BTC price action getting only a modest boost from the Personal Consumption Expenditures (PCE) Index print.This came in…

Hardware wallet Trezor reports peak demand as Bitcoin approached $100K
A significant drop in Bitcoin reserves on exchanges is the evidence of rising self-custody adoption, Trezor chief commercial officer Danny Sanders said.

Google Cloud adds 11 blockchains to data warehouse ‘BigQuery’
Google’s BigQuery added 11 new public datasets for blockchain networks, allowing users to obtain a variety of data from these networks. 81 Total views 8 Total shares Google Cloud’s BigQuery service just added 11 blockchains networks to its data warehouse, according to a September 21 blog post. The new networks include Avalanche, Arbitrum, Cronos, Ethereum

Altcoin seasons ‘will be weaker’ moving forward, says analyst
Popular crypto analyst Willy Woo says that the altcoin market cap “is like the cricket bat that has had 10 new handles and 10 new blades.”

Price analysis 8/30: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB
Bitcoin’s failure to maintain above $60,000 is pulling altcoin prices toward their recent swing lows. What will it take to turn the market around?

3AC’s Zhu was in Bangkok, disputed liquidator’s court filing in Singapore: Report
Zhu, whose whereabouts had been unknown for weeks, delivered an affidavit that disputed Teneo claims and elucidated the internal structure of the failed hedge fund. 344 Total views 41 Total shares According to a document seen by Bloomberg, Zhu delivered the affidavit in person on Aug. 19. In it, Zhu states that Teneo “had not…