Tags : market

Bitcoin

200,000 crypto traders ‘rekt’ as market sees $1 billion in

Bitcoin dipped to over $28,000 yesterday, sending other altcoins in a downward spiral and chalking up one of the biggest crypto ‘liquidation’ days in a few weeks. Several large-cap cryptos like Solana, XRP, and Polkadot saw double-digit percentage declines. Their corresponding futures products did, too, see falling prices, causing a long line of liquidations in […]Read More

Bitcoin

Bitcoin dumps to $30,000 with $8 billion in crypto liquidations

Bitcoin fell to under $33,000 on some exchanges, reaching levels last seen in February this year. Millions gone ‘Liquidations’ occur when traders borrow excess capital from brokerages/exchanges (i.e., ‘margin’ or trading futures) to place bigger bets on the assets they trade.  They pay a fixed fee for doing so, while exchanges close out these positions […]Read More

Bitcoin

Bitcoin dumps to $38.5k with $2 billion in crypto liquidations

Bitcoin fell to under $38,500 on some exchanges, reaching levels last seen in February this year. Millions gone ‘Liquidations’ occur when traders borrow excess capital from brokerages/exchanges (i.e., ‘margin’ or trading futures) to place bigger bets on the assets they trade.  They pay a fixed fee for doing so, while exchanges close out these positions […]Read More

Bitcoin

Wall Street veteran says these Tether risks are behind crypto

Wall Street veteran says these Tether risks are behind crypto market selloff Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Start Earning Interest Caitlin Long, the founder of crypto bank Avanti Bank and a leading blockchain advocate, took to Twitter yesterday to explain the market sell-off, linking it to […]Read More

Cryptocurrency

Dogecoin volumes in Korea exceeded those of its entire stock

South Korean crypto exchanges processed more Dogecoin trades yesterday than the average volume of stocks traded on the country’s traditional exchanges, data from multiple sources shows. Dogecoin up As per local news outlet Hankyung, the average daily trading volume on the Korea Composite Stock Price Index (KOSPI)—a representative index of Korean companies—was just $9 billion […]Read More