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Bitcoin sets another record above $113,000 as investors jump into risk assets, liquidate shorts

cnbc.com Tanaya Macheel 2025-08-06 05:32:05

Bitcoin climbed to new all-time high on Thursday, building on its previous record reached just a day earlier, as investors jumped into risk assets and liquidated short positions. The price of the flagship cryptocurrency was last higher by more than 2% at $113,766.74. Earlier, it rose as high as $113,863.18. Over the past 24 hours, $318 million in short liquidations across centralized exchanges, according to CoinGlass. When traders use leverage to short bitcoin and the cryptocurrency's price ri

Topics: bitcoin investors positions price short
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Despite recent layoffs, Meta is expanding in India

techcrunch.com Charles Rollet 2025-06-06 16:17:34

Meta made headlines last month for announcing plans to cut 5% of its employees, controversially deeming them “low performers.” But the job cuts aren’t holding Meta back from expanding in certain geographic areas. Meta is setting up a new site in the country’s tech hub of Bengaluru (formerly known as Bangalore), multiple Meta employees posted on LinkedIn this month. Meta is currently hiring for 41 positions there, according to its careers webpage, most of which were posted over the last month.

Topics: bengaluru engineering job meta positions
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