Auto Added by WPeMatico

Bitcoin Slips Below $59K as Crypto Market Faces $132M in Liquidations

On Sunday, bitcoin slipped below the $60,000 mark and dipped even further beneath the $59,000 range. The leading cryptocurrency touched an intraday low of $58,315, after previously hitting a high…

Continue ReadingBitcoin Slips Below $59K as Crypto Market Faces $132M in Liquidations

150,000 Ether Floods Liquid Staking Platforms in 27 Days

In the last 27 days, ether liquid staking derivatives have experienced an influx of 150,000 ETH, valued at $390 million, flowing into various protocols. Notably, since July 14, 100,000 ETH…

Continue Reading150,000 Ether Floods Liquid Staking Platforms in 27 Days

Solana Gains Ground on Ethereum and Bitcoin in 2024

Over the past week, there’s been a buzz among market watchers about solana’s performance against BTC, especially when compared to ether. Since the year kicked off, ether has tumbled over…

Continue ReadingSolana Gains Ground on Ethereum and Bitcoin in 2024

Spot Bitcoin and Ethereum ETFs Shed Millions in Friday Trading

During Friday’s trading sessions, U.S. spot bitcoin and ethereum exchange-traded funds (ETFs) experienced significant outflows, with $89.73 million exiting the BTC ETFs and $15.71 million flowing out of the ETH…

Continue ReadingSpot Bitcoin and Ethereum ETFs Shed Millions in Friday Trading

QCP Capital: Bitcoin Bounces Back Above $60K as Ethereum Struggles

QCP Capital reports that bitcoin (BTC) has shown a strong recovery this week, stabilizing above the $60,000 range after a sharp drop below $50,000 on Monday. In contrast, the firm…

Continue ReadingQCP Capital: Bitcoin Bounces Back Above $60K as Ethereum Struggles

Grayscale Report: Liquidated Long Perpetual Positions Fueled ETH’s Black Monday Flash Crash

Ethereum’s Aug. 4 decline could have been fueled by the liquidation of a portion of long positions in perpetual futures, the Grayscale report concluded. The crypto asset’s decline was epitomized…

Continue ReadingGrayscale Report: Liquidated Long Perpetual Positions Fueled ETH’s Black Monday Flash Crash