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BTC Short Sellers Burn Through Billions as Bitcoin Refuses to Drop

Cryptocurrency short sellers experienced a turbulent year in 2023, grappling with mark-to-market losses amounting to $6.05 billion. These losses were primarily driven by the remarkable performance of Bitcoin and other…

Continue ReadingBTC Short Sellers Burn Through Billions as Bitcoin Refuses to Drop

Coinbase, Marathon stocks surge as Bitcoin lights ‘fire in the cauldron’

The anticipated Bitcoin halving and potential ETF approvals have lit “some serious fire in the cauldron" for crypto, said Zerocap investment chief Jon de Wet.

Continue ReadingCoinbase, Marathon stocks surge as Bitcoin lights ‘fire in the cauldron’