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blockonomi.com Hyperunit Whale Profits $12M Betting on $700M Bitcoin Short: Further Market Drop Imminent?

TLDR: The $10B whale holds $5B in BTC and $5B in ETH while increasing BTC short positions. Hyperliquid BTC short now totals $735M, with profits surpassing $12M, data shows. The whale used $80M USDC and 5x leverage to open a $420M BTC short. Transfers to Binance hint at additional short positions and market activity by [...] The post Hyperunit Whale Profits $12M Betting on $700M Bitcoin Short: Further Market Drop Imminent? appeared first on Blockonomi.

bitcoinist.com Russia Now Allows Banks To Engage In Restricted Crypto Operations

In its latest move toward integrating cryptocurrencies into its financial framework, Russia has announced that domestic banks will be granted permission to engage in limited crypto operations under stringent regulatory conditions.  Vladimir Chistyukhin, the First Deputy Chairman of the Bank of Russia, highlighted that this cautious approach aims to prevent commercial banks from making cryptocurrency […]