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As has been a familiar trend during the upswing over the past six weeks, a wave of sell orders was likely sitting close to a round number. When bitcoin approached $38,000, the sell orders took over, sending the price lower. That, in turn, triggered liquidations of leveraged long positions, sending
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Cryptocurrency prices rose early Friday but then dropped sharply following a report that the SEC had deemed recent spot BTC filings inadequate. Original Source
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Voyager Digital holds $725m of various coins despite ongoing liquidations that started in September 2022. The lender’s balance follows a series of token transfers to other crypto firms to repay former clients in liquidation auctions. Voyager Digital’s asset transfers The troubled cryptocurrency company has transferred 158k ethereum (ETH), 5.9t SHIB, 123m Voyager Tokens
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Bitcoin (BTC) traders remain sensitive even to small price movements as data shows liquidations climbing.As BTC/USD approaches $21,600 on March 9, those who are long BTC are seeing positions evaporate.Longs begin to disappear with BTC at three-week lowsDespite consensus forming around Bitcoin retesting $20,000, small shifts in price are still
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The Bitmex co-founder, Arthur Hayes, criticized Sam Bankman-Fried, the disgraced FTX co-founder, on Friday after Bankman-Fried published his first blog post on his new Substack newsletter. “All this talk about what Alameda did is misdirection,” Hayes insisted. “It doesn’t matter how they hedged or didn’t hedge, or what dogsh** was
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Bitcoin (BTC) returned to $40,000 for the first time in two weeks during Feb. 4 as Wall Street volatility proved a boon for BTC bulls.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewLiquidations mount for BTC shortsData from Cointelegraph Markets Pro and TradingView showed BTC/USD suddenly jumping past the $40,000 on Feb. 4,
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