Early Bitcoin Whale Shorted $1.1B Right Before Tariffs, Now Up $27M – How Did He Know?

A Satoshi-era Bitcoin whale holding 86,000 BTC from 2011 opened over $1.1 billion in short positions against BTC and ETH just before President Trump announced 100% tariffs on Chinese imports, generating an estimated $190 million to $200 million in profits as liquidations reached $19.33 billion across 1.66 million traders.
The post Early Bitcoin Whale Shorted $1.1B Right Before Tariffs, Now Up $27M – How Did He Know? appeared first on Cryptonews. …

Weekly Crypto Regs Roundup: SEC Mulls Innovation Exemption, Lummis Backs Bitcoin Tax Break

Crypto regulation has taken center stage in the U.S.: the SEC has prepared an innovation exemption to keep builders onshore, North Dakota has unveiled plans for a state-backed stablecoin, and Senator Lummis has pursued a de minimis Bitcoin tax change as crypto has emerged as a voter issue ahead of 2026.
The post Weekly Crypto Regs Roundup: SEC Mulls Innovation Exemption, Lummis Backs Bitcoin Tax Break appeared first on Cryptonews. …

NASDAQ’s First Tether Gold Treasury: Prestige Wealth Raises $150M and Rebrands as Aurelion

Asset management firm Prestige Wealth Inc. announced Friday that it has secured about $150 million in funding to create NASDAQ’s first Tether Gold Treasury, as part of a broader plan to incorporate tokenized gold into its reserve assets.
The post NASDAQ’s First Tether Gold Treasury: Prestige Wealth Raises $150M and Rebrands as Aurelion appeared first on Cryptonews. …

Hyperliquid User Loses $21 Million to Hackers After Private Key Breach

A Hyperliquid user lost $21 million worth of crypto to hackers following a private key breach, with attackers stealing approximately 17.75 million DAI and 3.11 million MSYRUPUSDP tokens, as CertiK reports $1.05 billion lost to 296 private key breaches in 2024 representing 39% of total attacks.
The post Hyperliquid User Loses $21 Million to Hackers After Private Key Breach appeared first on Cryptonews. …

Crypto Salaries Drop Across All Roles Despite Bitcoin Rally – Only 10% of Jobs Are Entry-Level

Crypto salaries and token incentives declined across nearly all roles in 2024-Q1 2025 despite Bitcoin’s rally according to Dragonfly Capital’s report, with entry-level positions accounting for only 10% of jobs while founder compensation surged 37% to $197,000 annually.
The post Crypto Salaries Drop Across All Roles Despite Bitcoin Rally – Only 10% of Jobs Are Entry-Level appeared first on Cryptonews. …

Bitcoin Explodes to New High as ETFs Unleash a $2.2B Firehose – Uptober Returns

Bitcoin has reached a new high near $126K as renewed U.S. spot ETF net inflows and rising spot volumes have supported a Q4 breakout. On-chain data have shown mixed accumulation while derivatives markets have priced in higher volatility and funding costs have increased.
The post Bitcoin Explodes to New High as ETFs Unleash a $2.2B Firehose – Uptober Returns appeared first on Cryptonews. …