Cryptocurrency Analysis and News Portal
Whenever there is relevant growth in the number of derivatives contracts currently in play (open interest), it usually means that more traders are involved. In futures markets, longs and shorts are balanced at all times, but having a larger number of active contracts allows the participation of institutional investors that
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A cryptocurrency inspired by Netflix’s internationally hit TV show Squid Game scammed investors in what appears to be a $3.38-million “rug pull” scheme.Dubbed SQUID, the cryptocurrency plunged to almost a fraction of a cent minutes after crossing over $2,850 at 09:35 UTC on Nov. 1. The deadly drop oed following a 75,000%
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Squid Game is not the only crypto project “inspired” by the popular Netflix show, but none of them are officially affiliated with the South Korean survival drama. Prices of other tokens associated with the show, including squid game protocol, squidgametoken, squidanomics and international squid games, were also deep in the
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Following a mind-blowing price surge, the Squid Game (SQUID) token plummeted over 99% shortly after Twitter flagged its “official” accounts on the social media platform as suspicious.According to data on CoinMarketCap (CMC), the SQUID token experienced its first downward move on Monday, erasing its entire gains from as much as
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Bitcoin (BTC) crashed to just $8,100 on Oct. 21 — but only if you were trading on Binance’s dedicated United States exchange, Binance.US.On Oct. 21, Binance.US suddenly printed a one-minute candle that took BTC/USD from $65,815 to $8,200 — a drop of 87%.“Shouldn’t be happening”In what traders call a “scam
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Bitcoin no doubt had an eventful ride through the month of September. The month which usually carries promises of price dips and crashes, and overall low market momentum maintained its reputation. This led to a value loss of over 20% in the market, causing cryptocurrencies to tumble down in the
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Traders were caught flat-footed on Sept. 7 after a sharp collapse in the price of Bitcoin saw the digital asset fall below $43,000 and this led to widespread liquidations in derivative markets as more than $3.54 billion was liquidated. Amount of Liquidations in the past 24 hours by exchanges in total $3.54
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Bitcoin (BTC) holders took profits on Tuesday, just as El Salvador moved to recognize the digital currency as legal tender in a landmark move that could have significant implications for global adoption. After hitting local highs north of $52,800 on Monday, Bitcoin's price plunged all the way to $42,900 in Tuesday
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The year 2009 was marked by both the genesis of Bitcoin and the United States stock market starting an unprecedented bull market — one that’s continued almost uninterrupted since. However, murmurings of a crash are always present, and the noise has recently been getting louder. Against the backdrop of COVID-19 refusing
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Bitcoin has finally crashed below $30,000 for the first time in a month after the digital asset had recovered above this point following the crash to the $28,000 range in the last month. Market volatility levels have continued to remain low while the digital asset price continues to suffer. Market
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