Here is what happened yesterday in the crypto market:
Whale’s Risky Crypto Bets Lead to Full Liquidation
James Wynn, a crypto trader known for high-risk strategies on Hyperliquid, faced complete liquidation, ending with only $23 left in their account after a volatile month. Read more
Bitcoin Rebounds Amid Tariff Turmoil, Triggering Massive Liquidations
Bitcoin recovered above $104,300 as tariff-related uncertainty led to almost $1 billion in liquidations, highlighting the market’s sensitivity to global economic factors. Read more
NYC Comptroller Criticizes Mayor’s Bitcoin Bond Plan
New York City Comptroller Brad Lander has strongly opposed Mayor Eric Adams’ proposal to back municipal bonds with Bitcoin, deeming it fiscally irresponsible and legally questionable. Read more
BlackRock’s Bitcoin ETF Experiences First Outflow After 31 Days
BlackRock’s spot Bitcoin ETF saw its first outflow after a 31-day inflow streak, marking its largest outflow since its launch in January 2025. Read more
Analysts Foresee $180K-$250K Bitcoin Top in 2025
Analysts from VanEck, Fundstrat, and Standard Chartered predict Bitcoin could peak between $180,000 and $250,000 in 2025, driven by institutional adoption and historical market patterns. Read more