Bitcoin Experiences Massive Short Position Liquidation
TL;DR More than $102 million in Bitcoin short positions were liquidated in the market. Subsequently, there was a 3.8% decrease in the price of BTC,...
Market
CryptoQuant’s Ki Young Ju Raises Concerns Over Ethena Labs’ BTC Move
TL;DR Ethena Labs’ Strategic Decision: Ethena Labs has decided to use Bitcoin (BTC) as collateral for its synthetic dollar-pegged product, USDe, to increase the product’s...
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...
Tether Achieves ‘Gold Standard’ Security with SOC 2 Type 1 Audit Completion
TL;DR Tether’s Enhanced Security Measures: Tether, a leading cryptocurrency company, has completed a SOC 2 Type 1 audit, demonstrating that its IT systems meet high...
Ripple’s April Strategy: 1 Billion XRP Tokens to Hit the Market
TL;DR Ripple’s Big Move: On April 1, 2024, Ripple will unlock 1 billion XRP tokens, valued at around $628.5 million, as part of their standard...
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...
Bitcoin Sets Another Record: CME BTC Futures Reach Historic Open Interest of $10 Billion
TL;DR The open interest of Bitcoin futures on the Chicago Mercantile Exchange (CME) has surpassed $10 billion. The record of 28,899 open standard futures contracts,...
Almost $50 Billion Enter the Crypto Market
TL;DR The crypto market is experiencing a significant increase in capital inflow, with a record figure of approximately $48.54 billion. In the current trading session,...
Explosive Growth of Bitcoin ETFs: Over 300,000 BTC Accumulated in Less Than Eight Weeks
TL;DR The Bitcoin ETF market has experienced exceptional growth in recent weeks, accumulating over 303,000 BTC, equivalent to approximately $17 billion. Since their launch less...
Starknet Token STRK Begins Trading Amid High Anticipation
TL;DR Starknet’s native token, STRK, starts trading on major exchanges after a massive airdrop to 1.3 million wallets. STRK is used for governance, fees, and...