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But leveraged traders had already piled on their traders by then. Data shows that over 75% of traders from the total XRP liquidations were longs, or bets on higher prices, meaning those traders placed nearly $5 million in orders in that short time span without confirming the authenticity of the
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Prices rose over 11% before slightly retreating on Monday, with trading volumes spiking to $2 billion from Sunday’s $1 billion, CoinGecko data shows. At the time of writing, XRP traded at 69 cents and replaced BNB as the fourth-largest token by market capitalization. Source
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Cryptocurrency advocacy group DeFi Education Fund (DEF) has urged a United States court to consider the unique aspects of blockchain technology when evaluating the privacy rights of cryptocurrency users under the Fourth Amendment.DEF filed an amicus brief to the U.S. Court of Appeals (First Circuit) on Oct. 20, supporting James
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Shibarium has detailed its fourth upgrade, highlighting system optimizations, the introduction of new monitoring tools, and forthcoming governance structures. On Aug. 22, the crypto platform Shibarium, the network for the Shiba Inu (SHIB) cryptocurrency, communicated its
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The net value of its digital assets at the end of the quarter was $184 million, the same as it's been for the past three quarters. At the end of the second quarter, the price of bitcoin was roughly $30,400, up from about $28,500 at the end of the first
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Polychain Capital has successfully secured approximately $200 million in the first round of funding for its fourth crypto venture capital fund. A source familiar with the matter revealed that Polychain intends to reach a total fundraising goal
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Polychain Capital was founded in 2016 by early Coinbase employee Olaf Carlson-Wee. The firm has about $2.6 billion in assets under management, Fortune said citing Pitchbook data. The extended crypto winter has put pressure on the crypto investment landscape for both startups and the venture capital firms that back them. Source
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While multi-asset investments as a whole saw $7 million in outflows last week, there were inflows across eight different altcoins including Cardano (ADA), Tron (TRX) and Sandbox (SAND), suggesting, said CoinShares, that “investors are becoming more adventurous, and selective.” Original Source
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Bitcoin-related products took the majority share, totalling $104 million of the $114 million inflow total. Source
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On April 6, 2023, Bitcoin’s difficulty rose 2.23% higher at block height 784,224, touching another all-time high. It’s the fourth consecutive difficulty increase on the Bitcoin network since Feb. 24, and the protocol’s current difficulty is 47.89 trillion, which is only 2.11 trillion away from reaching the 50 trillion range. Bitcoin
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