Bitcoin price plunges amidst record liquidations
Cryptopolitan (RSS)
In a tumultuous turn of events, the price of Bitcoin (BTC) experienced a significant downturn, plummeting to $68,241, down from its recent all-time high of $73,737. This abrupt drop of 7.5% occurred within a few hours of trading on March 15, shaking the cryptocurrency market.
Record liquidations
The sudden decline in Bitcoin’s price triggered a cascade of liquidations, surpassing a staggering $661 million within 24 hours. This market turbulence affected nearly 200,000 traders, highlighting the high volatility inherent in the cryptocurrency space.
While Bitcoin briefly rebounded to reclaim the $68,000 level, it faced strong resistance, slipping further to approximately $67,500. This represents an 8.3% decrease from its recent peak. Most liquidations, approximately 80%, targeted long positions, tot...
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Cryptopolitan (RSS)
In a tumultuous turn of events, the price of Bitcoin (BTC) experienced a significant downturn, plummeting to $68,241, down from its recent all-time high of $73,737. This abrupt drop of 7.5% occurred within a few hours of trading on March 15, shaking the cryptocurrency market.
Record liquidations
The sudden decline in Bitcoin’s price triggered a cascade of liquidations, surpassing a staggering $661 million within 24 hours. This market turbulence affected nearly 200,000 traders, highlighting the high volatility inherent in the cryptocurrency space.
While Bitcoin briefly rebounded to reclaim the $68,000 level, it faced strong resistance, slipping further to approximately $67,500. This represents an 8.3% decrease from its recent peak. Most liquidations, approximately 80%, targeted long positions, tot...
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MicroStrategy Expands Convertible Loan Offering, Amplifying Investment Opportunities!
Coincu (RSS)
MicroStrategy has announced an upsizing of its planned convertible senior notes offering from $500 million to $525 million. Read more...
Coincu News
Coincu (RSS)
MicroStrategy has announced an upsizing of its planned convertible senior notes offering from $500 million to $525 million. Read more...
Coincu News
Ethereum Layer 2 TEN Surges to $30M Valuation in Latest Funding!
Coincu (RSS)
Obscuro Labs, the brains behind Ethereum Layer 2 TEN, has secured a significant milestone, raising $9 million in a recent funding round. Read more...
Coincu News
Coincu (RSS)
Obscuro Labs, the brains behind Ethereum Layer 2 TEN, has secured a significant milestone, raising $9 million in a recent funding round. Read more...
Coincu News
MEXC In Hong Kong Was Issued A Warning By The SFC Against
Coincu (RSS)
MEXC in Hong Kong has neither obtained a license from the SFC nor sought approval to operate, a violation of the Anti-Money Laundering and Counter-Terrorist Financing Ordinance.Read more...
Coincu News
Coincu (RSS)
MEXC in Hong Kong has neither obtained a license from the SFC nor sought approval to operate, a violation of the Anti-Money Laundering and Counter-Terrorist Financing Ordinance.Read more...
Coincu News
PancakeSwap V4 Will Be Launched On Ethereum And BNB Chain
Coincu (RSS)
PancakeSwap has unveiled its highly-anticipated PancakeSwap v4, signaling a major step forward in decentralized exchange technology.Read more...
Coincu News
Coincu (RSS)
PancakeSwap has unveiled its highly-anticipated PancakeSwap v4, signaling a major step forward in decentralized exchange technology.Read more...
Coincu News
Bitcoin In Investor Portfolios Has Now Surpassed Gold
Coincu (RSS)
Bitcoin in investor portfolios surpasses gold in volatility-adjusted allocation, with a 3.7 times greater share, per JPMorgan.Read more...
Coincu News
Coincu (RSS)
Bitcoin in investor portfolios surpasses gold in volatility-adjusted allocation, with a 3.7 times greater share, per JPMorgan.Read more...
Coincu News
Bitcoin Surpasses Gold in Investor Allocation, JPMorgan Report Reveals!
Coincu (RSS)
JPMorgan has reported that Bitcoin surpasses gold in investor portfolio allocation, signaling a notable shift in investment preferences. Read more...
Coincu News
Coincu (RSS)
JPMorgan has reported that Bitcoin surpasses gold in investor portfolio allocation, signaling a notable shift in investment preferences. Read more...
Coincu News
Hong Kong SFC Adds MEXC to Violations List for Unlicensed Operations!
Coincu (RSS)
Hong Kong SFC has issued a public warning concerning MEXC's unlicensed operations within its jurisdiction. Read more...
Coincu News
Coincu (RSS)
Hong Kong SFC has issued a public warning concerning MEXC's unlicensed operations within its jurisdiction. Read more...
Coincu News
Binance Cracks Down on Token Listings Amid Regulatory Oversight!
Coincu (RSS)
Binance has announced a substantial revision to its token listing policy. Read more...
Coincu News
Coincu (RSS)
Binance has announced a substantial revision to its token listing policy. Read more...
Coincu News
Binance To Adjust Token Listing Rules Amid Heated Regulatory Crackdown: Report
CoinGape (RSS)
Leading cryptocurrency exchange Binance Holdings Ltd. is making an effort to ensure the safety of investors on its platform by censoring listed tokens.
New Rules for Token Listing on Binance
In the past, crypto investors have been exposed to unverified digital assets that were part of scams like rug pulls. These schemes eventually leave investors with massive losses running into millions of dollars. Events like this end up drawing the attention of regulators who already think crypto bears a lot of high risks.
To mitigate the advent of such false crypto projects, Binance has chosen to tighten its requirements for listing digital tokens on its platform according to a Bloomberg report
Consequently, any crypto project wishing to leverage the Binance platform to list their token must first...
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CoinGape (RSS)
Leading cryptocurrency exchange Binance Holdings Ltd. is making an effort to ensure the safety of investors on its platform by censoring listed tokens.
New Rules for Token Listing on Binance
In the past, crypto investors have been exposed to unverified digital assets that were part of scams like rug pulls. These schemes eventually leave investors with massive losses running into millions of dollars. Events like this end up drawing the attention of regulators who already think crypto bears a lot of high risks.
To mitigate the advent of such false crypto projects, Binance has chosen to tighten its requirements for listing digital tokens on its platform according to a Bloomberg report
Consequently, any crypto project wishing to leverage the Binance platform to list their token must first...
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US Election 2024: Crypto Giants to Fund Campaigns Against Critics
CoinGape (RSS)
Ahead of the 2024 US elections, influential figures in the cryptocurrency industry have signaled their intent to financially support political candidates who are favorable to their cause while opposing those who are critical of the sector. This position is a result of the industry’s support for the loss of a Democratic Representative in California’s Senate primary, highlighting the increasing political power of crypto backers.
Political Impact and Industry Support
Crypto lobby’s reach was signified through the massive funding that was given to the campaigns against Democrat Representative Katie Porter in California, leading to her loss in the Senate primary. This result has been partly attributed to a $10 million investment by industry proponents, smoothing the way for a candidate ...
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CoinGape (RSS)
Ahead of the 2024 US elections, influential figures in the cryptocurrency industry have signaled their intent to financially support political candidates who are favorable to their cause while opposing those who are critical of the sector. This position is a result of the industry’s support for the loss of a Democratic Representative in California’s Senate primary, highlighting the increasing political power of crypto backers.
Political Impact and Industry Support
Crypto lobby’s reach was signified through the massive funding that was given to the campaigns against Democrat Representative Katie Porter in California, leading to her loss in the Senate primary. This result has been partly attributed to a $10 million investment by industry proponents, smoothing the way for a candidate ...
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Key Levels To Focus As Ethereum Price Enters New Correction
CoinGape (RSS)
The ongoing recovery trend in the Ethereum coin witnessed a major road at the $4080 level, resulting in an immediate price reversal in the daily chart. Within three days, the ETH price plunged 10% to its current trade at $3666. However, this pullback falling under the safety net of the Fibonacci retracement level indicates the top altcoin is poised for further growth.
Also Read: Crypto Market Selloff: Top Reasons Why Bitcoin, ETH, XRP, ADA, SHIB Crash Today
Why Ethereum’s Long-term Growth Unhindered by Market Pullback
Ethereum Price| Tradingview
Since late January, the second-largest cryptocurrency ...
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CoinGape (RSS)
The ongoing recovery trend in the Ethereum coin witnessed a major road at the $4080 level, resulting in an immediate price reversal in the daily chart. Within three days, the ETH price plunged 10% to its current trade at $3666. However, this pullback falling under the safety net of the Fibonacci retracement level indicates the top altcoin is poised for further growth.
Also Read: Crypto Market Selloff: Top Reasons Why Bitcoin, ETH, XRP, ADA, SHIB Crash Today
Why Ethereum’s Long-term Growth Unhindered by Market Pullback
Ethereum Price| Tradingview
Since late January, the second-largest cryptocurrency ...
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Ripple Role Questioned as USDC XRP Ledger (XRPL) Integration Lags
CoinGape (RSS)
Panos Mekras, an esteemed blockchain advisor focused on the XRP Ledger (XRPL), has raised concerns regarding the absence of the USDC stablecoin on XRPL. Mekras, well known for his knowledge of blockchain technology, used social media platforms to underscore this void. He emphasized the need to have USDC and EURC (Euro Coin) included in the XRPL, specifically for the promotion of projects such as Anodos on this blockchain. Mekras disclosed his initiative of getting in touch with Circle, the company behind USDC, asking them why they did not make a stablecoin available on XRPL.
This debate raises more general concerns in the XRP community regarding the role of Ripple in enabling those integrations and developments on t...
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CoinGape (RSS)
Panos Mekras, an esteemed blockchain advisor focused on the XRP Ledger (XRPL), has raised concerns regarding the absence of the USDC stablecoin on XRPL. Mekras, well known for his knowledge of blockchain technology, used social media platforms to underscore this void. He emphasized the need to have USDC and EURC (Euro Coin) included in the XRPL, specifically for the promotion of projects such as Anodos on this blockchain. Mekras disclosed his initiative of getting in touch with Circle, the company behind USDC, asking them why they did not make a stablecoin available on XRPL.
This debate raises more general concerns in the XRP community regarding the role of Ripple in enabling those integrations and developments on t...
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Solana Price: Will SOL Price Hit $200 Soon?
CoinGape (RSS)
The current state of the crypto market is experiencing a decline. Bitcoin price has plummeted and is now trading below $70,000. This downward trend has also affected other altcoins, such as Ethereum (ETH), which has seen a decrease of approximately 7% and is now trading below $4,000. In comparison to Cardano, XRP, Dogecoin, and Shiba Inu, whose overall performance has been lagging, Solana has shown promising market performance. Despite a slight dip in price within the last 24 hours, it has demonstrated a 20.3% increase over the course of the week. However, it is important to note that the market is highly volatile, and sudden changes are always possible. In light of these circumstances, the question remains whether Solana’s price will reach $200 in the near future.
...
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CoinGape (RSS)
The current state of the crypto market is experiencing a decline. Bitcoin price has plummeted and is now trading below $70,000. This downward trend has also affected other altcoins, such as Ethereum (ETH), which has seen a decrease of approximately 7% and is now trading below $4,000. In comparison to Cardano, XRP, Dogecoin, and Shiba Inu, whose overall performance has been lagging, Solana has shown promising market performance. Despite a slight dip in price within the last 24 hours, it has demonstrated a 20.3% increase over the course of the week. However, it is important to note that the market is highly volatile, and sudden changes are always possible. In light of these circumstances, the question remains whether Solana’s price will reach $200 in the near future.
...
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