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Bitcoin Tops $72k After Largest Single-Day Crypto Short Liquidation In History
Bitcoin Tops $72k After Largest Single-Day Crypto Short Liquidation In History
Bitcoin surpassed $70,000 for the first time in over two months, propelled by US Treasury Secretary Scott Bessent’s 'Operation Twist'-like move pushing US bond yields (and the dollar) lower followed by a high-stakes meeting President Trump held with crypto industry leaders.
“When yields drop and the dollar weakens, risk assets tend to rally, and we’ve already seen Bitcoin move higher on the news,” said Jeff Mei, chief operating officer at BTSE.
This morning, bitcoin has extended those gains, tagging $72,000...
And Ethereum...
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Apr 10, 2026 / Tyler Durden
Core CPI Prints Cooler Than Expected Despite Biggest Jump In Energy Prices Since 2005
Core CPI Prints Cooler Than Expected Despite Biggest Jump In Energy Prices Since 2005
While PCE showed some signs of higher energy prices leaking into inflation prints, it was still February data. As we previewed, today's CPI data is for March and will bear the full brunt of the Iran War's impact on energy costs after Core CPI fell to its lowest in four years in February.
The headline CPI soared 0.9% MoM (as expected) and while it was a big MoM jump, Consumer Prices rose 3.3% YoY (up from +2.4%...
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Aug 7, 2026 / Tyler Durden
Meet The Lab-Leak Proponent Set To Take Fauci's Old Job
Meet The Lab-Leak Proponent Set To Take Fauci's Old Job
Authored by Paul D. Thacker via The DisInformation Chronicle,
Politico reported that physician-scientist Steven Quay is going through final vetting to take over Tony Fauci's job at the NIH, reporting that aligns with rumors I've been hearing from sources inside the administration for several months. Quay sat for an interview with me on the DisInformation Chronicle podcast last June to talk about changes NIH should make to ensure we don't have another pandemic caused by dangerous virus research, and I ran...
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May 27, 2026 / Tyler Durden
US Conducts New Strikes In Iran Around Hormuz Strait After Drone Intercepts
US Conducts New Strikes In Iran Around Hormuz Strait After Drone Intercepts
Summary
New US strikes in Iran reported, after Iranian drone intercepts in Hormuz area.
Trump red line (PBS): "No, no, not at all. Not sanctions relief, no" - unless Iran gives up its enriched uranium. "Iran negotiating on fumes," Trump says in cabinet meeting.
White House rejects 'complete fabrication' of Iranian TV reporting on MOU and draft deal status.
IRGC keeping up the rhetoric: warns that Iran would "turn the area from Chabahar to Mahshahr into a graveyard for aggressors" if the ceasefire...
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