Data shows bullish bets related to Bitcoin have suffered a massive amount of liquidations as the asset’s price has plunged below the $70,000 mark. Bitcoin Falls Below $70,000 For The First Time Since April Following up on the bearish tone set during the second half of May, Bitcoin has opened June with another drawdown as its price has slipped under $70,000 for the first time since April 7th. Related Reading: XRP Sees Biggest Exchange Inflow Of 2026—Shortly Before Even Larger Outflows Below is a chart that shows how the latest bearish action has looked for the cryptocurrency. Over the last 24 hours, Bitcoin has gone down by nearly 5%, hitting the $69,400 mark. Interestingly, while the original digital asset has suffered this blow, Ethereum, the second-largest token by market cap, has managed to hold up relatively well, being down by just 0.7% inside this window. Even many altcoins have seen smaller losses than BTC. The reason behind the disproportionate decline in Bitcoin may lie in the
Bitcoin has lost the $69,000 level as selling pressure and market uncertainty combine to test the resilience of a market that has now given back a significant portion of its recovery from the cycle lows. The breakdown is uncomfortable — and analyst MorenoDV has identified a signal in the supply data that places the current […]
Binance Research says bitcoin’s recent weakness may be driven by capital rotating into a small group of hot U.S. equity themes. The firm argues that without a crypto-native crisis, such pressure has often proved temporary. Cboe Dispersion Index Hits 42 as Bitcoin Competes With AI Stock Rally Bitcoin’s latest pullback may have less to do […]
It should have taken years, but Ash Koosha made a drama about Iran’s anti-government protests in weeks – and now it’s the first AI-made movie to screen at a major film festival. It could transform indie film-making, claims the director
Next week a breakthrough 75-minute drama about the brutal crackdown in Iran on anti-government protesters in January will premiere at the Tribeca film festival in New York. It is called Dreams of Violets and is based on journalism, video footage and eyewitness accounts. “I would say 80% of it is a recreation of events that actually happened,” says its Iranian-British director Ash Koosha. But Dreams of Violets is a work of fiction, not a documentary: a drama following a group of strangers caught up in the protests, who meet by chance in an alleyway. How on earth has Koosha managed to pull together a drama about the killings in less than six months?
The answer, it turns out, is by using artificial intelligence. Every image and character in Dreams of Violet
