Cryptocurrency Analysis and News Portal
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Cryptocurrency markets were jolted by SpaceX’s unexpected decision to divest its considerable Bitcoin holdings, leaving experts and enthusiasts alike questioning the rationale behind this move. As Bitcoin’s price plunged below $26,000 following the sale, a domino effect
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The Bitcoin (BTC) and Ether (ETH) price slump on Aug .18 saw the top two cryptocurrencies fall to a 2-month low and triggered a series of liquidations for thousands of derivative traders.The crypto bloodbath led to billions of dollars worth of hedged positions being liquidated and several traders lost millions
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Bitcoin liquidations have been ramping up over the last day following the market crash that rocked the crypto space on Thursday. The
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Crypto markets cratered late Thursday with bitcoin (BTC) dropping as low as $25,000 on the crypto exchange Binance. Source
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One trading firm has a price target of as low as $24,000 in the coming months in the absence of immediate market catalysts. Original Source
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Trading volumes slumped 55% on Tuesday compared to Monday in a sudden market shift, data shows. Source
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The steep crash in crypto prices has triggered liquidations across the board, with the number of ethereum (ETH) futures contracts forcefully closed by OKX, a crypto trading platform, hitting a 1-month high, data from Glassnode, a
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Crypto markets added 3.3% to overall capitalization in the past 24 hours as some opined the recent SEC filings could strengthen bitcoin's value proposition among investors. Original Source
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Crypto markets nosedived Monday following the SEC suit accusing Binance, the world’s largest crypto exchange by trading volume, and its chief executive, Changpeng “CZ” Zhao, of offering unregistered securities, commingling user deposits and inflating trading volumes. Source
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Bitcoin climbed to over $30,000 during the Asian evening hours on Wednesday on hopes of favorable monetary policies in the U.S, some market analysts opined. That move didn’t last long, however, as sudden sales drove prices to the $27,700 level following the U.S. market open. Source
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