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BREAKING: $435 million has been liquidated from the cryptocurrency market in the past 12 hours.

2025.01.13 21:51:58

BREAKING: $435 million has been liquidated from the cryptocurrency market in the past 12 hours.

Relevant content

Whale Sets "Top 10 Goals First": Has Closed Half of Bitcoin Long Positions

On June 9, the crypto whale operating under the alias "Sets 10 Big Targets First" revised its $170 million long position on the X platform, with the move including liquidating half of the holding. Prior reports noted the entity had previously set take-profit targets between $65,000 and $66,000, along with a stop-loss threshold at $59,500.

4 minutes ago

Bank of America Warns of Stock Market Bear Signal Intensity

June 9 – Bank of America Securities is advising investors to stay cautious on U.S. stocks, as a growing slate of bearish signals suggests the market is nearing a peak, according to the firm’s latest analysis. In a June 5 report led by strategist Savita Subramanian, the team noted roughly 70% of historical bear-market warning signs have been triggered – a level consistent with what’s typically seen at past market tops. Of the 20 valuation metrics tracked for the S&P 500, 17 show statistically significant overvaluation, with 8 of those indicators even exceeding levels hit during the dot-com bubble. Adding to concerns: high price-to-earnings (P/E) stocks have meaningfully outperformed low-valuation peers, a trend Subramanian’s team frames as "excessive speculation." Within the tech sector, the performance gap between the top and bottom 5th percentiles of stocks has widened to its widest point since February 2000. The S&P 500’s strong headline returns mask deep internal splits: the r

4 minutes ago

OpenAI has secretly submitted an IPO application to the U.S. SEC

On June 9, OpenAI announced it has confidentially filed a draft S-1 registration statement with the U.S. Securities and Exchange Commission (SEC). The company noted it anticipated the news might leak, so it chose to disclose the development proactively. At this stage, OpenAI hasn’t set a specific IPO date, adding that the process could take some time—certain matters may be easier to address while the company remains private. OpenAI described this as a complex balancing act: submitting the confidential S-1 draft preserves the company’s option to go public sooner if that’s deemed the best path forward in the future. The announcement also clarified the filing is made under Section 135 of the amended 1933 Securities Act, does not constitute an offer to sell securities or a solicitation to buy any securities. Any future security issuances, solicitations, or sales will follow the registration requirements outlined in the Securities Act.

4 minutes ago

U.S. Stocks Close Higher, Crypto-Related Stocks Surge, MSTR Rises by 5.61%

June 9 — Per Bitget market data, U.S. equities closed with mixed results on Monday: The Dow Jones Industrial Average dipped 0.16% at the open before settling lower, the S&P 500 added 0.29%, and the Nasdaq Composite rose 0.86%. Semiconductor stocks led sector gains, with Marvell Technology (MRVL.O) surging 9.6%, Intel (INTC.O) climbing 11%, and Micron Technology (MU.O) jumping nearly 10%. Cryptocurrency-linked equities also notched positive returns: MicroStrategy (MSTR) advanced 5.61%, Circle Internet Financial (CRCL) rose 2.75%, Coinbase Global (COIN) climbed 6.37%, Bionano Genomics (BMNR) gained 5.91%, Sporting News (SBET) added 6.36%, and Purple (PURR) picked up 4.57%.

4 minutes ago

Apple has released a new generation AI platform, including an Artificial Intelligence version of Siri.

On June 9, Apple unveiled its next-generation artificial intelligence platform, including upgrades to Siri. During the company’s Worldwide Developers Conference (WWDC) keynote, Apple’s software chief Craig Federighi announced the new Apple Intelligence—backed by Google technology—will better understand the context of users’ requests. This is a pivotal moment for Apple. Two years ago, when Apple first launched the Apple Intelligence platform, many features rolled out slowly or lagged behind competitors in performance. Overhauling Siri is core to Apple’s plan to bounce back in the AI space. Since Siri’s 2011 debut, it has consistently struggled to keep pace with rivals’ AI capabilities. At the event, Federighi noted the new software update will focus on three key areas: artificial intelligence, performance enhancements, and security. For the Mac product line, the next version of macOS will be named Golden Gate. Apple also revised last year’s Liquid Glass design, adding a slider that le

4 minutes ago

Title: Report: Trump Pressured Netanyahu to Halt Expansion of Strikes on Iran

Local time Monday, June 9: According to Israel’s Channel 12, U.S. President Donald Trump said he warned Israeli Prime Minister Benjamin Netanyahu (nicknamed "Bibi") not to let the conflict with Iran escalate into a full-scale war. "I told Bibi, you better be careful with your actions, because soon you may have to face Iran alone," Trump stated. Per the report, Trump called Netanyahu on Sunday to urge him against retaliating for recent missile attacks on Israel. The call ended without a clear consensus, and Netanyahu did not reveal his final decision to Trump. Afterwards, Netanyahu consulted Israel’s Defense Ministry and informed U.S. Secretary of State Mike Pompeo that he had decided to strike Iran. Trump added that the Israelis notified the U.S. very late in the process—by that point, they were already on track to launch the attack. "I managed to reduce the scale of this attack," he said. He also revealed five regional countries, which are mediating between the U.S. and Iran, ha

4 minutes ago