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A massive $610 million in Bitcoin and cryptocurrency long positions were liquidated within the past hour, as Bitcoin's price tumbled below the $106,000 mark.
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Crypto β I S T H I S I T?
β Bitcoin has lost over 20% from its October peak, briefly dipping below $100,000;
β Ethereum fell under $3,300, posting its first negative return of the year β wiping out all gains since January;
β TON plunged 10% in 24 hours and more than 30% in a month. Most major altcoins are also in the red, while a few assets like DASH, ICP, ZEC, and ZK remain slightly positive;
β More than $1.2 billion in long positions were liquidated in a single day β about $400 million in Bitcoin alone. At peak hours, hourly liquidations exceeded $200 million, hitting hardest those who were betting on Ethereumβs continued rally;
β The crypto sell-off coincides with the longest U.S. government shutdown in history β as the Senate once again failed to restart federal operations, amplifying uncertainty and adding extra pressure on the markets.
Time to buy?
β Bitcoin has lost over 20% from its October peak, briefly dipping below $100,000;
β Ethereum fell under $3,300, posting its first negative return of the year β wiping out all gains since January;
β TON plunged 10% in 24 hours and more than 30% in a month. Most major altcoins are also in the red, while a few assets like DASH, ICP, ZEC, and ZK remain slightly positive;
β More than $1.2 billion in long positions were liquidated in a single day β about $400 million in Bitcoin alone. At peak hours, hourly liquidations exceeded $200 million, hitting hardest those who were betting on Ethereumβs continued rally;
β The crypto sell-off coincides with the longest U.S. government shutdown in history β as the Senate once again failed to restart federal operations, amplifying uncertainty and adding extra pressure on the markets.
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You can't trust words, you can't trust sounds, and now, thanks to AI, you can't trust your eyes. Alibaba's Wan 2.2 AI can clone your voice, put your movements on someone else's face, and make incredibly real fake videos. Imagine your parents getting a call from 'you' asking for cash β it looks and sounds perfect, but it's not you at all...
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Apple is reportedly forging a multi-billion dollar, multi-year deal with Google to leverage Gemini AI, indicating Apple's challenges in building its own advanced AI for Siri
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A theory is gaining traction on Twitter suggesting that the individual in the photo, Daira Emma Hopwood, could be Satoshi Nakamoto, the creator of Bitcoin. Hopwood, a cryptographer and blockchain engineer, was an early member of the Zcash/Electric Coin Company (ECC) team. Evidence linking her to Nakamoto includes Satoshi's 2010 post discussing "key blinding" and group signatures, concepts aligned with Hopwood's work at Zcash, particularly regarding "blinded keys" and private transactions. Further fueling the speculation is a perceived British connection: Nakamoto's messages exhibit British spelling and GMT activity, and Hopwood holds British citizenship, as per public records.
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