Crypto Liquidations Hit $326.71M as Long Positions Get Wrecked Crypto traders just got another painful reminder that leverage is a bad substitute for discipline. Roughly $326.71 million in leveraged positions were liquidated over the past 24 hours, and the damage was overwhelmingly concentrated on longs as the market pulled back and forced overextended traders out […]
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CapPlace Review 2023: Crypto CFD Trading Platform Risks and Rewards CapPlace, a trading platform launched in 2023, has caught the eye of traders with its promise of low-cost CFD trading across a range of assets, including cryptocurrencies. Based in Comoros and operated by Robertson Finance Inc., it offers a shiny interface and high-leverage options, but […]
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Bitcoin and Crypto Market Plunge: Unpacking the Weekend Crash Bitcoin and the cryptocurrency market got absolutely obliterated over the weekend, with prices spiraling into a brutal abyss of liquidations and sheer panic. What began as a shaky week turned into a catastrophic crash by Saturday, slashing billions off the market cap and leaving investors stunned. […]
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Global Sell-Off Hammers Metals and Crypto: Binance Open Interest Rebounds to Pre-October Levels A vicious wave of risk aversion has crashed through global markets, pulling down everything from precious metals to cryptocurrencies in a synchronized sell-off. Sparked by a staggering 12% drop in Microsoft’s shares following underwhelming AI investment news, the carnage has slammed Bitcoin […]
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Bitcoin Bloodbath: Short-Term Holders Dump $5.69 Billion in Losses on Exchanges in 48 Hours Bitcoin has once again reminded us why it’s the wildest asset on the planet, cratering from a jaw-dropping peak of $124,500 to below $115,000 in under a week. In the midst of this chaos, short-term holders (STHs) offloaded a staggering $5.69 […]
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Gate.io Introduces GORK Perpetual Contracts with Up to 20x Leverage Gate.io, a prominent cryptocurrency exchange, has launched GORK perpetual contracts with leverage options up to 20x, aiming to meet the growing demand for high-leverage trading in the volatile crypto market. Gate.io launches GORK perpetual contracts Up to 20x leverage available GORK linked to the Gork […]
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Kraken Dives into Forex with FX Perps Launch Kraken, a leading cryptocurrency exchange, has made a bold move into the realm of traditional finance by launching forex perpetual futures (FX perps) for the EUR/USD and GBP/USD pairs. This expansion signifies Kraken’s ambition to bridge the gap between crypto and conventional markets, offering traders new opportunities […]
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Hyperliquid Trader’s $70 Million Ethereum Bet Amid Price Drop: A High-Stakes Drama In a move that could be straight out of a crypto thriller, a trader on the Hyperliquid platform has placed a daring $70 million bet on Ethereum (ETH) at a time when its price fell below $1,500. Using significant leverage, this bold play […]
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Crypto Whale’s Bold Move: 5 Million USDC Leveraged Bet on Bitcoin’s Future Imagine wagering your life’s savings on a flip of a coin, but with stakes a million times higher. That’s exactly what a crypto whale has done, depositing 5 million USDC into Hyperliquid, a decentralized perpetual futures trading platform, to take a 20x leveraged […]
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Tron Founder Justin Sun Raises Alarm Over Excessive Ethereum Leverage Justin Sun, the founder of Tron, has issued a stark warning about the dangers of excessive leverage in Ethereum trading, emphasizing the potential risks to the network and its decentralized finance (DeFi) projects. Amidst recent market volatility, with Ethereum experiencing a 15% price crash followed […]
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