Cryptocurrency Analysis and News Portal
Bitcoin (BTC) upended buy trends through May 10 as BTC/USD sank below $30,000 for the first time since July 2021.Data from on-chain analytics firm CryptoQuant showed exchange reserves start increasing as panic gripped crypto markets.BTC flows back to exchangesAfter seeing a sustained downtrend, the amount of BTC on major exchanges
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Ether price (ETH) spent the last two months stuck in a rut and even the most bullish trader will admit that the possibility of trading above $4,400 in the next couple of months is dim. Of course, cryptocurrency traders are notoriously optimistic and it is not unusual for them to expect
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Meanwhile, some blockchain sleuths pointed out that Wonderland’s chief developers took on millions of dollars in losses after the sell-off. Sifu’s wallet saw $1.6 million of losses due to liquidations, while those on Daniele Sestagalli’s wallet reached $15 million. Source
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Long-dated Bitcoin options and bulls still make waves with their ultra bullish bets, but even they must admit that the possibility of (BTC) trading above $60,000 in the next couple of months is dim. Many traders have added leveraged-long positions via futures contracts to chase after the elusive all-time high, but
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Rekt: Crypto Exchange OKEx Beholds $119 Million Short Squeeze May 5, 2018 by William Peaster As first pointed out by trading group BTCVIX, an absolute whopper of a liquidation has occurred on cryptocurrency exchange OKEx, where a trader just saw short position on bitcoin squeezed to the tune of ~$119 million
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Out of the over $3.8 billion worth of cryptocurrencies liquidated, $2.1 billion came from Bitcoin trades, $1.01 billion from Ethereum trades with $115.4 million coming from XRP trades.Bitcoin (BTC) price fell below $40,000 for the first time in over three months, hitting an intraday low of around $36,000 at 7:30
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Yesterday’s Twitter feud between business tycoon Elon Musk and the crypto community had far-reaching consequences that went beyond the constant verbal sparring on the popular social media site. For the crypto market, it was a disaster. Liquidation Galore In The Crypto Market According to data from ByBit, a total of $2.4 billion
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After flirting with a $2 trillion market capitalization for the last couple of days, the cryptocurrency market took a 7% hit on April 7, dropping the total crypto market cap to $1.8 trillion. As the unexpected sell-off took place, investors scrambled to find a reason to explain the move.Analysts typically
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It has been a rough past few days for Bitcoin and the entire crypto market. Following BTC’s tests
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