Over 75,000 Traders Hit by Massive Liquidations as Bitcoin Drops to $67,000
Liquidations across centralized exchanges accounted for the entire $159 million loss. Binance, the world’s largest crypto exchange, suffered the most.
Stay ahead of the crypto curve with in‑depth coverage of the digital‑asset ecosystem. Here you’ll find the latest on new coin launches, regulatory shifts, wallet innovations and market movements across major chains. Whether you’re a seasoned trader or just exploring the space, our timely updates offer clarity on the crypto universe’s fast‑evolving landscape.
Liquidations across centralized exchanges accounted for the entire $159 million loss. Binance, the world’s largest crypto exchange, suffered the most.
The integration of advanced technologies like GenAI is generating significant optimism within the cryptocurrency world as well.
Biden’s camp seems to have suddenly realized the potential impact that their stance on crypto may have on a presidential race that will most likely go to the wire.
Galxe said the blockchain will employ Reth for its execution layer and use Jolteon (AptosBFT) as its consensus algorithm, which will provide near-instant transaction finality and high throughput.
The Sei network is in the process of transitioning to Sei V2, which will attract more web3 developers and content creators in the long haul.
A recent report regarding XRPL 2024’s first quarter performance revealed that the number of active users surged by 37%, and the number of transactions increased likewise by 113%.
The launch of Ethena Labs on Blast network introduces the USDe and sUSDe to dozens of Web3 platforms such as Juice Finance, and Renzo among others.
Nubank disclosed that Circle’s expansion will enhance the security, transparency, and diversification of its crypto portfolio for its more than 100 million active users.
ARK Invest has been making AI-related moves, and xAI’s is the latest in that regard.
Arkbit has used fake images and videos, pretending to be a legit crypto cloud mining business in Arkansas, defrauding investors in Texas.
Despite the optimistic signs of re-accumulation and bullish sentiment, Glassnode highlights that the current bitcoin bull cycle appears to be more tempered compared to historical cycles.
Riot also pointed out that the merger would be advantageous for shareholders of both companies.
Despite the bullish predictions for the two top digital assets, it is meme coins that are witnessing a surge in market performance today.
In addition to reaching the $100 million milestone, Blocksquare has introduced Oceanpoint v0.5, a DeFi launchpad aimed at supporting real estate tokenization startups.
The launch of Forever Worldwide: The Road to Saudi Arabia will have a profound impact on the Binance ecosystem.