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The total crypto market value has fallen below $2 trillion. A total of $142 million worth of BTC longs were closed off. Bitcoin (BTC) reclaimed the $40,000 level on Tuesday, April 12, after slipping below it over the last few days after losing momentum for seven of the previous eight
The crypto market’s overall valuation fell back below $2 trillion on Saturday. Bitcoin is down 0.84% in the last 24 hours. There were several significant liquidations in the market due to Bitcoin’s (BTC) sudden fall from its 2022 high. This year witnessed the largest liquidation of long holdings, which had
Over $101 million in long bets were liquidated on Wednesday. According to Wood’s firm, it is still expected that bitcoin will reach $1 million by 2030. Cathie Wood, CEO of Ark Invest, warned that banks may now be experiencing the effects of the cryptocurrency revolution. A well-known proponent of risky
After bulls failed to ignite a late-week recovery, Bitcoin (BTC) fell below $42,000 on April 9. Analyst Crypto Ed cautioned that Bitcoin might not be limited to a retest of $40,000. There has been a 15.20 percent drop in the overall volume of the crypto market in the previous 24
To help traders earn more cryptocurrency, leading crypto derivatives exchange Bexplus has launched a 100% deposit bonus promotion to all traders. If you deposit 1 BTC, 2 BTC will be credited to your account. Every user can get up to 10 BTC for each deposit. Bitcoin’s high volatility has made
The DeFi ecosystem continues to develop at a rapid rate, with innovations ensuring that mainstream users can access and take advantage of novel financial solutions in the decentralized ecosystem. One such development is flash loans. Flash loan is a type of DeFi loan that allows users to borrow funds and
The price volatility of most crypto assets makes staking inappropriate for most clients. The Anchor liquidation pool is a higher-risk, higher-reward product. Withdrawals may be made quickly, and depositors get a low-volatility interest rate of 19.5 percent, one of the highest among stablecoins. bLUNA and bETH may be used as
Analyst Matthew Hyland saw a possible breakthrough for Bitcoin’s RSI. Bitcoin has already closed the week at its highest level since early February. After temporarily reclaiming $43,000 overnight on March 22, bulls observed a new impulse rise in Bitcoin (BTC). On Bitstamp, BTC/USD hit $43,337, its highest level since March
Decentralized Finance (DeFi) has grown to be a crown jewel of the crypto ecosystem, with over $203 billion locked in various protocols as of writing. While there are many DeFi projects that currently exist, some have a more valuable proposition than others. In this article, we introduce Parallel Finance, a
