A White House sitdown with crypto's biggest names and softer Fed signals lit the fuse. But the charts show why the pain for bears might not be over yet.
Source: [Decrypt](https://decrypt.co/375955/bitcoin-surges-70k-billion-crypto-shorts-rekt-hour)
Bloomberg's Norah Mulinda joins Dani Burger on "Bloomberg Deals. " Fast-fashion retailer Shein is targeting a valuation in the range of $26 billion to $27 billion in its initial public offering in Hong Kong, according to people familiar with the matter, a sharp drop from its peak value.
The prediction market operator is seeking CFTC approval for a copper perpetual as it moves further into traditional derivatives markets.
A Fairshake spokesperson said that the PAC was “just getting started“ on its expenditures as part of efforts to fill US Congress with lawmakers friendly to the crypto industry.
DEFI holders await a late-August cash payout exposed to closing costs and Bitcoin prices after NYSE Arca trading ended Aug. 17. The post Hashdex liquidates $14.
The cross-chain protocol said an attacker exploited six software flaws to drain Bitcoin and other assets, sending its CACAO token plunging.
The deal is significant for the artificial intelligence industry, uniting Stripe’s payments business with OpenRouter’s helping businesses direct their spending on A. I. models.