In the often turbulent world of cryptocurrency trading, liquidation events signal a trader’s exit from leveraged positions due to an inability to meet margin requirements. Recently, the CEO of Bybit, Ben Zhou, thrust this topic into the spotlight, disputing the reported $2 billion in liquidations across the market. Zhou posited that the number might be
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In recent times, the cryptocurrency market has experienced significant fluctuations, and Ripple’s XRP is no exception. With a history marked by dramatic highs and lows, XRP’s value has recently dropped sharply, prompting various interpretations of this downturn. While some analysts view the current price dip as an opportune moment for investment, others express concern over
The cryptocurrency world has been thrown into turmoil following an unprecedented capitulation in the Ethereum (ETH) market, with the asset witnessing a staggering drop exceeding 30% in merely 24 hours. This drastic descent was sparked by rising anxieties surrounding a potential trade war involving the United States, which unleashed a wave of panic not just
In an alarming analysis of cryptocurrency scams, on-chain investigator ZachXBT revealed that Coinbase users are losing more than $300 million each year due to social engineering fraud. This extensive loss prompts a critical evaluation of Coinbase’s security mechanisms and customer support services. Cybercriminals have exploited increasing vulnerabilities through sophisticated tactics, leaving unsuspecting users in dire
In a stunning fluctuation that left many in the cryptocurrency space reeling, Bitcoin’s open interest saw a dramatic decline of approximately $4.5 billion over a single weekend. This rapid drop from $65 billion to $61.5 billion was primarily driven by a series of liquidations that ensued after a notable crash in Bitcoin’s price. Such drastic
India appears to be on the cusp of reevaluating its regulatory framework for cryptocurrencies, a move that reflects a broader global trend toward more favorable positions on digital assets. International sentiments, especially those emerging from the United States, have shifted to embrace pro-crypto policies. As these dynamics evolve, it has become increasingly apparent that India’s
In recent discourse surrounding the cryptocurrency market, Jeff Park, the Head of Strategy at Bitwise, has presented an intriguing viewpoint on how tariffs—specifically those imposed by the Trump administration—could serve as a significant catalyst for Bitcoin’s long-term ascendance. While the crypto markets might currently face tumultuous periods in response to these tariffs, Park’s analysis suggests
In the ever-volatile world of cryptocurrencies, the fluctuations of one token can often lead to insights about market sentiments, investor behavior, and broader economic implications. A striking example emerged recently with the native token of DeXe Protocol, known as DEXE. While the majority of the cryptocurrency ecosystem endured significant bearish pressure, DEXE defied the odds,
In a startling turn of events, the cryptocurrency market has experienced a significant downturn, marked by a staggering 12% decrease in market capitalization over a mere 24 hours. This decline brought the total market cap down to approximately $3.1 trillion, representing the lowest point witnessed this year. Such a drastic drop resulted in the erasure
The cryptocurrency market is experiencing a turbulent phase, particularly within the realm of meme coins. Recently, Shiba Inu (SHIB) collapsed to a four-month low, marking a significant downturn in its valuation. This downward trend is echoed across the broader spectrum of meme coins, with notable names like Bonk Inu (BONK), Floki (FLOKI), and dogwifhat (WIF)
