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Search Results for: liquidation

ETFSwap (ETFS) Presale Rides The Wave Of Crypto Market Volatility

The crypto market has been extremely volatile in recent days, with Bitcoin (BTC) dipping as much as 8% to $56,814 on May 1. However, ETFSwap (ETFS) stands out with its presale, which has raised over $300,000 and continues to attract interest from institutional and retail crypto investors alike. The Month

May 6, 2024 4 mins read

Solana’s On-Chain Activity Wanes: What’s Next For SOL?

The Solana network is currently grappling with a decline in its on-chain activity, highlighted by diminishing trading interest. Following a market downturn that corrected SOL’s price to critical support levels, the value did rebound. However, persistently low on-chain metrics are causing investor anxiety about the durability of this recovery. Decrease

May 3, 2024 2 mins read

DeFi Emerges As Viable Distribution Channel for RWAs: Fathom Co-founder

Amid multiple narratives swaying the crypto space, tokenized real-world assets (RWAs) have stolen the spotlight of institutions from the traditional finance (TradFi) scene. These institutional-friendly assets are set to unlock new avenues for investment and liquidity while introducing novel challenges. TheNewsCrypto recently engaged in a discussion with Manuel Rensink, co-founder

May 1, 2024 6 mins read

Breaking Down Bitcoin’s Retreat to $56K: A Call for Caution?

Distress grips the global crypto market as Bitcoin (BTC) sinks to $56K, slamming the brakes on its momentum within the $62K-$66K zone. From its all-time high (ATH) of $73,750 in March, the largest-capped crypto has retreated by 23% to hit its 2-month low of $56,555.  Consequently, crypto liquidations in the

May 1, 2024 2 mins read

MicroStrategy Adds More Bitcoin Despite Q1 $53.1M Net Loss

In spite of reporting a financial loss of $53.1 million in the first quarter of 2024, the biggest corporate holder of Bitcoin, MicroStrategy, proceeded to stack additional Bitcoin in April. The company’s digital asset impairment loss increased tenfold from the first quarter of 2023 to $191.6 million in the quarter,

April 30, 2024 1 min read

Bitcoin (BTC) Price Isn’t Going To Rise Further?

Bitcoin (BTC) fails to maintain its momentum within the $66K-$67K range, noting over 3.7% decline. This drop in its price is influenced by the news of the US DOJ arresting the founders of Samourai Wallet. Following the Bitcoin Halving on April 19th, the king of crypto gradually rebounded back into

April 25, 2024 2 mins read

Why Bitcoin FUD Mounts Ahead of Halving in 48 Hours?

Bitcoin, the leading cryptocurrency, finds itself in the midst of a tumultuous period as it navigates through volatile market sentiment, fueled by anticipation surrounding an upcoming event. With just two days remaining until the highly-anticipated halving, excitement and fear grip the crypto community, reflecting in a flurry of discussions and

April 17, 2024 2 mins read

Ripple Faces Significant Correction: Is It Time To Buy Or Sell XRP?

The cryptocurrency market has experienced a significant correction over the past weekend, with the industry witnessing high liquidation during this period. Bitcoin, the market leader, recorded a low of $60,979, highlighting the massive bearish influence currently dominating the crypto space. Ripple (XRP) token was not immune to this downturn, recording

April 16, 2024 2 mins read

What’s Behind Today’s Dramatic Crypto Market Dump?

The cryptocurrency market experienced a notable downturn over the past 24 hours, marking a stark departure from the bullish trajectory witnessed throughout much of 2024. Bitcoin (BTC), the largest cryptocurrency by market cap, plummeted to a low of $65,254, marking a considerable drop from its recent high of $70,952. Similarly,

April 13, 2024 2 mins read