Crypto Market Liquidations Reach $127 Million in 24 Hours
TL;DR In the last 24 hours, liquidations in the crypto market exceeded $127.22 million, affecting 57,670 traders. Long positions accounted for the majority of the...
Category : Market
Market News
Cryptocurrencies and blockchain have grown to create a market worth many billions of dollars today.
Despite being fairly recent (Bitcoin was created in 2008) there are digital currencies that already have more market value than large companies that have been operating for decades.
In this section, we are going to analyze all the details about the most recent news emerging in the cryptocurrency and blockchain market.
ETF Market Dynamics: A Tale of Inflows, Outflows, and Tokenization
TL;DR Inflows and Deceleration: ETFs played a crucial role in the recent cryptocurrency rally, accumulating billions in inflows since January. However, in April, there was...
The Market Awaits the Massive Expiration of Bitcoin and Ethereum Options: What Impact Will It Have on Prices?
TL;DR Today will see a massive expiration of Bitcoin and Ethereum options. Their combined value is $2.4 billion, with a potential impact on prices expected....
BUIDL: Setting New Standards in Tokenization
TL;DR Rapid Growth: BlackRock’s BUIDL has become the world’s largest tokenized treasury fund in under six weeks, with $375 million in deposits, capturing nearly 30%...
Circle’s USDC Surpasses Tether’s USDT: A Shift in Stablecoin Preference
TL;DR Circle’s USDC Surpasses USDT: In April 2024, Circle’s USDC saw 166.6 million transactions, surpassing Tether’s USDT’s 163.6 million transactions. Over the past week, USDC...
Cryptocurrencies On Volatile Ground: $400 Million Liquidated in Record Time
TL;DR More than $400 million liquidated from the crypto market in the last 4 hours. Binance recorded the highest number of liquidations. BTC and ETH...
ONDO: A Rising Star in the Real-World Asset (RWA) Token Space
TL;DR ONDO’s Rise: ONDO, a Real-World Asset (RWA) token, has seen significant growth, reaching a new record high of $0.9702 and entering the top 100 cryptocurrencies...
Crypto Crushes Traditional Assets: Are Stocks and Commodities Losing Steam?
TL;DR Crypto assets outperform traditional assets: Bitcoin surpasses $50k and $1 trillion market cap, while Ethereum and other altcoins post double-digit returns. Bitcoin challenges gold...
Arthur Hayes Advocates for Points Crypto Funding Model Amidst Criticism
TL;DR Arthur Hayes, former CEO of BitMEX, endorses the Points system as a new model for crypto funding, despite criticism about its perceived opacity. Hayes argues...
Ethereum Founder Vitalik Buterin’s Apology Boosts Memecoin by 50%
TL;DR Ethereum Founder’s Apology: Ethereum founder, Vitalik Buterin, apologized for his previous statements labeling the memecoin BITCOIN as a scam. Impact on Memecoin’s Value: Following...