A concentrated liquidity pocket below $59,000 raises the chance of a Bitcoin price sell-off to new 2026 lows, but data suggests bulls will absorb the dip.
Bitcoin miners double down on AI, tokenized RWAs top $43 billion, Ripple strengthens its African payments network and Sam Bankman-Fried loses his appeal.
The disastrous day for Bitcoin firms' preferred equity offerings may have been due to unwinding of leveraged positions in STRC and SATA.
STRC, Strategy's perpetual preferred stock, traded as low as $82. 61 on June 18 before recovering to $88. 59, putting the security nearly 17% below its $100 stated amount at the intraday low.
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Andrew Tate’s Hyperliquid wallet shows over $803,800 in all-time perps losses after repeated crypto WLFI liquidations.