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Bitcoin has broken out of a six-week trading range, surging past seventy-one thousand dollars in a move that forced roughly three billion dollars in short positions to unwind — the largest such liquidation since at least twenty twenty-one. Thin supply met a wall of forced buying, and the result was swift and dramatic.
The rally is feeding a broader conversation about whether regulatory clarity is already baked into the price. OKX Europe's CEO Erald Ghoos points to the proposed Clarity Act as a potential catalyst, suggesting that clearer U.S. crypto rules could draw fresh capital into the market, particularly as some investors rotate away from AI plays and back toward bitcoin.
Shifting to a quieter but significant story for the open-source hardware community — Pine64 has halted production of its entire Linux device lineup through at least mid-twenty twenty-seven. An ongoing shortage of DRAM and eMMC memory is the culprit, freezing everything from its single-board computers to the PinePhone and PineTab families. For developers who rely on affordable, open hardware, that gap could be felt for years.
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