Bitcoin Surges Above $94K as $300M in Shorts Liquidated in Massive Short Squeeze

Bitcoin surged past the $94,000 mark early Tuesday morning, triggering a cascade of short liquidations worth over $300 million—the largest single-day short wipeout since October 2022. The dramatic rally has left bearish traders reeling and market analysts buzzing about the mechanics behind the explosive move. According to data from Coinglass, total crypto liquidations topped $650…

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SOL Strategies Secures $500M Funding to Boost Solana (SOL) Purchases and Staking Operations

In a bold move that could reshape institutional participation in blockchain infrastructure, SOL Strategies Inc. has secured a massive $500 million financing facility to ramp up its Solana (SOL) acquisitions and staking operations. The deal, announced Wednesday, positions the publicly traded firm as a major player in the evolving ecosystem of proof-of-stake (PoS) finance. The…

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EU Proposes GDPR-Compliant Blockchain Rules to Protect Personal Data

In a significant move that could reshape the future of blockchain in Europe, the European Data Protection Board (EDPB) has released draft guidelines targeting how personal data is stored and accessed on decentralized systems. The proposed rules, designed to align blockchain operations with the European Union’s General Data Protection Regulation (GDPR), emphasize privacy by design…

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Ethereum Foundation Refocuses on Scaling as Vitalik Buterin Shifts to Long-Term Research

The Ethereum Foundation is charting a bold new course for 2025, zeroing in on two key priorities: scaling the network and dramatically improving user experience. This strategic pivot comes as Vitalik Buterin, Ethereum’s co-creator, steps back from daily operational duties to concentrate on long-term research and innovation. Tomasz K. Stanczak, co-executive director of the Ethereum…

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