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If Bitcoin touches $117K, $3 billion in short positions will be liquidated.What Happens When Shorts Get Liquidated?Bullish Pressure Mounts
Share link:In this post: Government bond yields are rising fast, making it more expensive for countries to borrow and service debt. Mortgage rates are surging in the U.S., as 30-year Treasury yields jump past 5%. Stock markets are under pressure, with higher bond yields driving down equity valuations.
Share link:In this post: Investors are rushing to gold due to global wars, Fed uncertainty, and inflation fears. Major gold mining stocks like Newmont and Agnico Eagle are up over 80% this year. Spot gold is near $3,600/oz, with ETFs like GLD and IAU seen as the best way to invest.
The high volatility brought by the price surge, combined with bullish narratives, will boost market confidence, expand risk appetite, and ultimately lead to frenzy.
- 07:22Overview of Institutional Ethereum Holdings: Bitmine's Holdings Surpass $8 BillionOn September 7, according to strategicethreserve data, the treasury companies and institutions with the largest changes in Ethereum holdings over the past 30 days are as follows: BitmineImmersionTech (BMNR) ranks first, currently holding 1.87 million ETH, worth approximately $8 billion, with holdings increasing by 124.1% in the past 30 days; SharpLinkGaming (SBET) ranks second, currently holding 837,000 ETH, worth about $3.59 billion, with holdings increasing by 60.4% in the past 30 days; TheEtherMachine (ETHM) ranks third, currently holding 495,000 ETH, worth about $2.12 billion, with holdings increasing by 43.4% in the past 30 days; The Ethereum Foundation ranks fourth, holding 229,600 ETH, worth about $984 million, with holdings decreasing by 1.3% in the past 30 days; ETHZilla (ETHZ) ranks eighth, holding 102,200 ETH, worth about $438 million, with holdings increasing by 24.4% in the past 30 days; FGNexus (FGNX) ranks fourteenth, holding 48,400 ETH, worth about $207 million, with holdings increasing by 656.9% in the past 30 days.
- 06:37Blockchain fintech company Munify completes $3 million seed round financingJinse Finance reported that Egyptian blockchain fintech company Munify has announced the completion of a $3 million seed round, with strategic investment from BYLD, Digital Currency Group (the parent company of Grayscale), and others. The company leverages blockchain technology to provide individuals and businesses with multi-currency instant sending and receiving services, and has launched a stablecoin-backed virtual card. Currently, its business covers the United States, the United Kingdom, Europe, and Gulf Cooperation Council (GCC) member states. The new funds will be used to expand into other markets and grow the compliance team.
- 06:17Solana-based AI game CAT Crew 2 officially launchedAccording to ChainCatcher, CAT Crew 2, the first Web3 + AI nurturing game on Solana launched by the CAT Terminal community, has officially been upgraded and launched. It is reported that "AI Meow Mining" held its launch event in Dubai on August 16, with support from several Middle Eastern institutions including OOKC and X3 Labs. Currently, the game has attracted over 5,000 players, and the amount of CAT fed has exceeded 150 millions. This Meow Mining 2 upgrade introduces rare cat breed computing power bonuses and an adaptive feeding AI algorithm, as well as a new CAT ecosystem burn mechanism. The launch of CAT Crew 2 opens up a brand-new MEME 2 gameplay, bringing users an unprecedented on-chain interactive experience. As of press time, CAT's market capitalization is approximately $18.6 million, with the number of holding addresses reaching 9,000. .