Fri, November 15

Search Results for: liquidation

Is XRP on the Verge of a Major Breakout Beyond $0.60?

XRP has regained momentum, hitting a two-week high of $0.5666, marking a 2.72% surge in the past 24 hours, though it slightly retreated to $0.5573. The altcoin’s trading volume saw a notable 16% increase, reflecting heightened market activity. Despite the recent recovery, XRP is still down 5% over the past

October 17, 2024 2 mins read

Is Ethereum (ETH) Showing Signs of Rebound After Recent Dip?

The largest altcoin, Ethereum (ETH), has briefly recovered from the significant downside pressure. The asset’s price remains caught between crucial resistance levels; it recently surged to the $2.6K range.  Notably, over the past 24 hours, ETH witnessed a moderate spike of 3.13%. At the press time, ETH traded at $2,617

October 15, 2024 2 mins read

Crypto Options Market Surges with Over $1.2B in Block Trades

The cryptocurrency options market witnessed a significant uptick in activity following a sustained rally, with over $1.2 billion worth of trades executed within 24 hours. Bitcoin puts dominated the market, representing $530 million in trades, nearly a quarter of the total volume. Among the most notable transactions was a deep-deflated

October 15, 2024 2 mins read

Galaxy Digital Purchases 500 BTC Worth $31M, Fueling Institutional Interest

On Monday, Mike Novogratz’s Galaxy Digital moved enormous quantities of Ethereum and Bitcoin, causing further commotion in the crypto market. Speculation among investors was sparked when on-chain data revealed that the digital assets financial services business transferred more than 7,000 ETH and 500 BTC between cryptocurrency exchanges. In the meantime,

October 14, 2024 2 mins read

RBI Governor of India Shaktikanta Das Backs CBDC

Shaktikanta Das, governor of India’s Reserve Bank (RBI), has emphasized the potential usefulness of the country’s digital rupee and restated his support for Central Bank Digital Currency (CBDC). Further, he reiterated his prior position on digital assets by praising the innovation and suggesting it may be used to circumvent certain

October 14, 2024 2 mins read

WorldCoin Price Surges 12% Resuming Bullish Rally After Recent Dip

In the past 24 hours, the crypto market has recorded a significant $182.24 million in liquidations. Community members have referred to the funds’ movement to investors’ trading activity and highlighted the incoming bull run. Several altcoins have shown significant price surges in the past few days.  One such altcoin, Worldcoin

October 14, 2024 2 mins read

Will Bitcoin Bulls Take Charge as BTC Targets New Resistance?

The cryptocurrency market is attempting to recover from the downside trajectory. Overall market cap has reached $2.24 trillion within the past 24 hours. The recent price momentum of Bitcoin (BTC) suggests the brief possibility of further gains. After dipping below the major support levels, BTC has moderately rebounded in the

October 14, 2024 2 mins read

Ethereum Surpasses $2.5K After 30 Days as Bulls Gear Up for Rally

Another week begins with investors still holding strong to their optimism. The community awaits the anticipated bull runs, while the price charts depict modest gains. In the last 24 hours, the overall crypto market has shown increases in both its market cap and trading volume. Notably, leading altcoin Ethereum has

October 14, 2024 2 mins read

Avalanche to Buy Back 1.97M AVAX from Luna Foundation Guard

The Avalanche Foundation has successfully negotiated an agreement to repurchase 1.97 million AVAX tokens from the Luna Foundation Guard (LFG). This repurchase is significant, as it aims to reclaim tokens that were originally sold to LFG in April 2022. However, the deal is currently pending approval from the bankruptcy court

October 12, 2024 2 mins read