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Tag Archives: News

Bitcoin Longs Suffer $150 Million in Liquidations, Derivatives Turning Bearish

As bitcoin dropped below $60,000 on Tuesday, over $150 million of longs were liquidated due to the lack of sufficient margins. Longs, or futures, bet on the price increases any asset would witness, thus causing bitcoin’s long traders to register losses. Now, derivatives metrics show how a bullish sentiment has turned neutral among traders after five weeks. Traders have thus begun moving away from the risks of bitcoin, especially in a time like this. It has been the case since at least June...

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WikiLeaks Founder Julian Assange Is Finally Free

Julian Assange, founder of WikiLeaks, has reached a deal with the US Department of Justice (DoJ), with the agency offering him time served as he pleaded guilty to a single count of espionage. Assange and WikiLeaks have a long relationship with bitcoin and other cryptocurrency. WikiLeaks posted on X, “Julian Assange is free. He left Belmarsh maximum security prison on the morning of 24 June, after having spent 1901 days there. He was granted bail by the High Court in London and was released at...

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