In a world grappling with escalating trade disputes and economic uncertainties, a beacon of hope is emerging for the cryptocurrency market. Binance CEO Richard Teng has recently highlighted a fascinating perspective: the very trade tensions causing global market jitters might be the catalyst that significantly boosts the long-term crypto appeal, particularly for Bitcoin. Why Trade […]
In the fast-paced world of cryptocurrency, even a whisper of policy change can send markets into a frenzy. This week, traders experienced a rollercoaster ride when a misinterpreted report about a potential tariff suspension ignited a sudden surge in Bitcoin’s price, only to be followed by a sharp correction. Let’s dive into how this ‘false […]
Hold onto your hats, crypto traders! The market just experienced a wild ride with a staggering crypto liquidation event. In the blink of an eye, or more precisely, within the last hour, a whopping $115 million worth of futures contracts were wiped out across major exchanges. If you think that’s dramatic, zoom out to the […]
Hold onto your hats, crypto enthusiasts! The market just experienced a jolt that sent shockwaves through exchanges worldwide. In a breathtakingly short span of just one hour, a staggering $343 million worth of futures contracts were liquidated. If you blinked, you might have missed it, but the impact is undeniable, and the tremors are still […]
In a surprising turn of events for the South Korean financial markets, the Korea Exchange (KRX) has temporarily suspended trading on the KOSPI, a key indicator of the nation’s economic health. This dramatic intervention, triggered by the activation of a ‘sidecar,’ marks the first such instance in eight months, sending ripples through the investment community. […]
Hold onto your hats, crypto enthusiasts! The market just witnessed a seismic event that sent shockwaves across exchanges. In a jaw-dropping hour, a staggering $206 million worth of futures contracts were liquidated. If you thought that was intense, brace yourself: the past 24 hours saw a whopping $579 million vanish in liquidations. What’s behind this […]
In a week marked by market turbulence and presidential pressure, Federal Reserve Chair Jerome Powell has emerged as a beacon of stability, signaling a steady hand on the monetary policy tiller. Despite President Trump’s recent tariff announcement sending ripples through the stock market, Powell indicated the Fed is adopting a wait-and-see approach. But what does […]
In the fast-paced world of cryptocurrency, savvy players are always looking for opportunities to capitalize on market fluctuations. Recently, market maker Wintermute demonstrated just that by strategically leveraging the temporary depeg of the stablecoin FDUSD to secure a significant profit. Let’s dive into how Wintermute turned market volatility into a lucrative $75 million gain. Decoding […]
Get ready for a wild ride in the crypto world! Ethereum (ETH), the second-largest cryptocurrency, is sending shockwaves through the market as it revisits price levels not seen since the tumultuous days of the FTX exchange collapse. If you’re invested in ETH or keeping a close eye on the digital asset landscape, you need to […]
Hold onto your hats, crypto enthusiasts! The market just witnessed a jaw-dropping wave of liquidations. In the whirlwind of the past hour, a staggering $122 million worth of futures positions were wiped out across major exchanges. Zooming out to the last 24 hours, the carnage intensifies, with a total of $303 million liquidated. What does […]
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