According to statistics from analytics company Parsec financial, on-chain liquidations across Ethereum’s decentralized finance protocols hit a new annual high, with positions liquidated totaling over $350 million in the preceding 24 hours. This is happening as the market volatility has spiked and the crypto market as a whole has been
Shiba Inu leader Shytoshi Kusama dropped a cryptic bombshell on social media platform X. The two-word tweet “Mask off…” has ignited a firestorm of speculation and debate among SHIB enthusiasts, leaving many to wonder if a momentous reveal is on the horizon. Decoding Shiba Inu leader’s tweet Kusama’s intriguing post
The cryptocurrency market is grappling with significant losses as the beginning of August has shown an unprecedented downturn. The primary trigger for this sell-off appears to be looming uncertainties regarding Jump Crypto’s sell-off. This issue has led to widespread panic among investors, worsening an already volatile situation. XRP has taken
In recent days, the cryptocurrency market has seen a potential recovery, with Bitcoin rebounding from $55,000 to $69,000 after facing market turbulence. This recovery has also sparked high volatility in the altcoin market, where promising new altcoins like Zeebu have hit new all-time highs, drawing significant attention. The native token
Ethereum (ETH), the second-largest cryptocurrency by market cap, has fallen below $3,000 for the second time in the past 30 days, mirroring global market concern and significant sell-off pressure in the crypto ecosystem. Today’s 8.41% decline in ETH comes as Genesis Trading, a major player in the crypto market, has
Today, the price of Bitcoin (BTC) fell to $60,000, losing its recent gains. Despite a brief rally over $65,500 during Asian trading hours on August 2, Bitcoin’s price dropped 7.61% over the past day. At the time of writing, Bitcoin traded at $61,672 with a market cap of $1.21 trillion.
Unexpected equipment failure and the bitcoin halving event in April were the key factors that affected Marathon Digital’s operations, leading to larger losses in the second quarter of this year. This year’s second quarter had a net loss of $199.7 million for Marathon, which was renamed as MARA not long
Today, the spot Bitcoin ETFs saw significant inflows, reviving their previous surge in popularity. With an incredible $191 million inflow, Grayscale’s Mini BTC Trust ETF stands out among the others. As for the spot Ether ETFs, they kept seeing market volatility, with Grayscale’s ETH ETF seeing ongoing withdrawals. As of
The MakeNowMeme account on X, formerly known as Twitter, has been restored following a brief suspension. The account, which previously allowed users to create Solana-based memecoins with a single tweet, is now active again, with minting and user interactions restored. Earlier today, X temporarily suspended MakeNowMeme, citing violations of its
The crypto market is anticipating potential bearish momentum as the current market dynamics stay on the borderline of the bearish zone. The tokens are fluctuating and settling back to their recent lows. Among them, the native token of the popular cross-chain bridge platform, Wormhole (W), has declined by 2.40% over
