Crypto

Bitcoin posted a 0.8% gain, trading between $63,300 and a session high of $64,360, while holding support above $63,500 and keeping market cap at $1.29 trillion. A sudden rally triggered a heavy short squeeze, wiping out $35 million in short positions. Key Takeaways Bitcoin peaked at $64,360 as time runs out for a vote on the CLARITY Act. $35 million in short positions were wiped out while…

Bitcoin analyst Willy Woo estimates authorities have a 20% to 40% chance of recovering part of the bitcoin stolen through the Coldcard vulnerability. Historical crypto recoveries spanning billions of dollars underpin that outlook, while security leaders urge victims to preserve evidence that could support future claims. Key Takeaways Woo sees a 20%-40% chance of partial Coldcard bitcoin…

Bitgo Chief Executive Officer Mike Belshe turned one of artificial intelligence’s biggest security debates into a public bitcoin challenge by placing 100 BTC, worth roughly $6.3 million at the time, into a publicly known wallet and inviting Anthropic’s Claude models to steal it. The move followed Anthropic’s disclosure that several of its AI models reached the open internet and interacted…

Hong Kong retail investors can now trade XRP through OSL, which became the first exchange in the city to offer the token to retail customers, according to the company. The launch expands regulated access as investors watch whether other licensed exchanges follow with their own XRP listings. Key Takeaways OSL says it has become the first Hong Kong exchange to offer XRP trading to retail…