Hello again crypto fam! CoinMarketCap here, back at it with only the spiciest crypto headlines.
But before we dive in, we have some breaking news - hot off the presses! BTC exploded past $34k overnight, liquidating shorts left and right. You love to see it!
Alright, now let's get into today's top stories. Here's a quick TLDR rundown of the key stories:
Bitcoin suddenly spiked past $35,000 overnight to reach its highest level since May last year. What triggered this push? Keep reading!
Nearly $177 million worth of shorts were liquidated as Bitcoin's pump caught overleveraged bearish traders by surprise.
The Worldcoin Foundation is switching to paying operators in their own WLD token instead of USDC.
Bitcoin mining stocks have significantly outperformed BTC's year-to-date gains so far.
BlackRock's proposed Bitcoin spot ETF tickers have already been spotted on some exchanges ahead of any official approval.
China's digital yuan was used to facilitate a live cross-border oil trade transaction for the first time ever.
Now let's dive deeper into what's driving the markets today! Keep scrolling for the full scoop...
Houston, we have lift-off!! After months of sideways trading, BTC shocked everyone by suddenly blasting past $34k for the first time since May last year. Turns out renewed hopium for a spot ETF approval lit the rocket fuel. Now analysts are trying not to get too excited in case the SEC crushes dreams yet again.
Could this be the start of the long-awaited bull run? Read the full story here!
While celebratory baby whales popped champagne over Bitcoin's pump, selectively bitter traders got absolutely demolished by nearly $400 million in liquidations. Most of the rekt positions were shorts, as the swift BTC surge caught overleveraged bearish traders by surprise.
And a popular crypto figure is on the verge of a $21 million liquidation. Get the entire liquidation details here!