BTC jumped to roughly $115,500, as risk appetite returns with broad market cap rising to over $3.9 trillion.
A short squeeze produced roughly $392 million of liquidations and wiped out ~101,591 traders, with Bitcoin shorts accounting for about $87 million.
Macro catalysts including a good spin in the U.S.–China trade rhetoric and a dovish Fed outlook drove the move. Powell and the Trump–Xi headlines remain primary regime drivers.
Derivatives structure is mixed: funding stays muted/negative and open interest elevated which signals that rallies are real but fragile, subject to quick deleveraging.
Tactical posture: reduce headline sensitivity with staggered sizing; favor core BTC exposure, selected ETH and SOL risk, and maintain cash buffer for volatility.
THORChain’s history of centralization, security failures and questionable money flows is well documented. But are today’s critics getting the technical and legal arguments right – and are they applying the same standards to other major DeFi projects?
Three months after Kraken's parent closed its acquisition of the Hong Kong stablecoin card issuer, Reap is building out Mexico as a second hub and pitching AI agents as its next growth channel.
The launch gives a stablecoin native placement on up to 82 million US devices, though at launch users can only hold and send USDC, and the announcement does not say how they will get it into the wallet.
The basic agreement names the venture and splits ownership for the first time, leaving the US connectivity startup in control and its two Japanese shareholders as minority partners.
