Wednesday, April 24, 2024
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Voyager Digital holds $725m despite liquidating millions of ethereum, SHIB

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 keeps liquidating longs as BTC price action gives up $22K support

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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Bitmex Co-Founder Criticizes Former FTX CEO for Not Liquidating Hedge Fund Alameda – Bitcoin News

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 returns to $40K, liquidating over $50M of shorts in hours

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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‘Say hi to Uptober’ — Bitcoin price surges above $47K in minutes, liquidating $270M in shorts

Bitcoin (BTC) shot to nearly $48,000 during Oct. 1 as a classic “short squeeze” liquidated over $270 million of crypto positions in under an hour.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView“Goodbye bears”Data from Cryptox Markets Pro and TradingView showed BTC/USD hitting $47,800 on Bitstamp, jumping $3,000 in minutes.A familiar setup for

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Nexo faces lawsuit for liquidating $5m in client collateral amid XRP delisting

United States-based crypto lending platform Nexo is facing a class-action lawsuit over suspension of XRP services on Dec. 23, 2020. Lead plaintiff, California resident Junhan Jeong submitted the complaint on April 1. The complaint accuses Nexo of breaching its user agreement by suspending the use of XRP as loan collateral

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