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Bitcoin stuck near $65K: Are overleveraged BTC longs walking into a trap? Bitcoin is hovering uneasily around the $65,000 mark, and beneath the calm surface, tension is clearly building. Volatility has compressed, leveraged long positions are piling up, and the broader macro backdrop is turning more hostile. Put together, this raises a key question: Is…

Wall Street’s Bitcoin Exit Lane: How Deep Liquidity Enabled Record Long-Term Holder Distribution Bitcoin is once again wrestling with the $69,000 zone, unable to secure a clean breakout as persistent selling and rising anxiety cap upside momentum. Multiple failed attempts to reclaim higher ground have left traders on edge, reluctant to deploy fresh capital in…

Parsec closes its doors as crypto turbulence reshapes the market On-chain analytics platform Parsec is winding down operations after roughly five years in business, with its leadership openly acknowledging that the company failed to adapt to the new reality of the crypto market. The firm confirmed in a post on X that it is shutting…

Kraken acquires $60B token platform Magna as IPO ambitions heat up Kraken’s parent company, Payward, has bought tokenization specialist Magna in a move that sharply strengthens the exchange’s infrastructure just as it quietly positions itself for a stock market debut. The acquisition comes on the heels of Payward confidentially filing paperwork with the U.S. Securities…

Hyperliquid is moving directly into the heart of U.S. policymaking with the launch of the Hyperliquid Policy Center (HPC), a dedicated think tank and advocacy hub based in Washington, D.C. The initiative is being financed by the Hyperliquid Foundation, which has committed 1 million HYPE tokens to the project – a war chest worth roughly…

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