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Search Results for: liquidation

Bitcoin (BTC) Faces Asian Sell-Off Amidst Automated Trading

Bitcoin Market—Asian investors are experiencing wild swings as automated trading systems react swiftly to data from US exchange-traded funds (ETFs) holding the cryptocurrency. This phenomenon was evident on Tuesday when Bitcoin faced its sharp decline in a month during Asian trading hours, driven by outflows from these ETFs. According to

April 3, 2024 1 min read

Why Memecoins’ Trading Volume Soars Amid Bearish Takeover?

A notable downturn has marked the cryptocurrency market as bears exerted pressure, causing the overall market cap to drop by 5.89%. Bitcoin, the leading cryptocurrency, experienced a sudden decline to as low as $66,000, while Ethereum briefly fell to $3,319. During this period, the entire network witnessed a total liquidation

April 2, 2024 2 mins read

Bitcoin Flash Crash to $66K, What’s Behind the Sudden Reversal?

Bitcoin (BTC) experienced a significant downturn today, plunging to a 10-day low of $66,045, marking an 8% decrease in value. This decline triggered a broader correction across the cryptocurrency market, with the top ten altcoins also witnessing corrections ranging from 6% to 12%. Also, the global crypto market has seen

April 2, 2024 2 mins read

DeFi Saver integrates Safe to bring account abstraction to DeFi

Delaware, USA, March 28th, 2024, Chainwire In a move to greatly improve the user experience of DeFi users in the Ethereum ecosystem, DeFi Saver integrated native support for Safe smart accounts and multisigs. DeFi Saver, one of the leading apps for creating, tracking, and managing DeFi positions on Ethereum just

March 29, 2024 3 mins read

Can Investors Expect Bitcoin to Hit $75,000 Soon?

Bitcoin has once again captured the attention of investors as it surged to a new all-time high above the $73,000 mark. However, its ascent faced resistance, leading to a pullback below $70,000. Despite the setback, Bitcoin has managed to maintain stability above the $70,000 level, supported by positive market sentiment.

March 13, 2024 2 mins read

Shiba Inu (SHIB) Bulls on Track, Will It New All-Time High?

In the wake of Bitcoin’s surge to new all-time highs this week, the meme coin sector, led by Dogecoin (DOGE) and Shiba Inu (SHIB), has attracted considerable attention with remarkable gains. SHIB, in particular, has stood out with a significant rally over the past week, experiencing a surge of 243.83%

March 6, 2024 1 min read

Bitcoin Witnesses Flash Sell-off After Hitting New All-time High

Very soon after reaching an all-time high (ATH) of $69,170, Bitcoin is already seeing a dramatic decline in its price. Up until recently, the Bitcoin price has maintained a steady upward trajectory this week. BTC’s price has fallen 7.48% in its most dramatic and sudden drop since the beginning of

March 6, 2024 2 mins read

Introduction To MEV And Its Impact: Definition, Examples, And Ripple Effects

What is it? MEV (Miner Extractible Value or Maximal Extracticle Value) is the income miners can make by changing the order of transactions according to their benefit. They can strategically order transactions within the blocks they mine and use various techniques to make more money. This practice has become so

March 2, 2024 6 mins read