Trader Opens $1.96M MEGA Long at 1x Leverage, Already Down $402K
An onchain trader has opened a $1.96 million leveraged long on 11.96 million MEGA tokens and is already sitting on $402,000 in unrealized losses, a harsh reminder that altcoin risks…
Auto Added by WPeMatico
An onchain trader has opened a $1.96 million leveraged long on 11.96 million MEGA tokens and is already sitting on $402,000 in unrealized losses, a harsh reminder that altcoin risks…
Bitcoin’s safe-haven properties remain under market pressure as Willy Woo says major capital pools still treat it as untested. That perception keeps bitcoin tied to risk assets during global uncertainty.…
Yield Basis generated $12 million in fees in Q1 as bitcoin volatility drove trading activity. The protocol’s model shows how market swings can be turned into yield for liquidity providers.…
This week’s headlines underscore crypto’s growing entanglement with both macro markets and traditional finance. Volatility spiked as geopolitical tensions rattled equities, while Wall Street’s migration to blockchain continued to accelerate…
Fitch Ratings warns that U.S. banks’ growing involvement in digital assets carries significant risks and may lead to reassessment of ratings for those with concentrated digital asset exposure. Regulatory Acceptance…
While the crypto market has slipped into a correction, liquidity has felt flimsy as November’s trading activity thinned out and the stablecoin economy pulled back. Since Nov. 15, roughly $840…
Bitcoin’s implied volatility has dipped to yearly lows as price action remains muted in a tight $100K–$110K range. Traders are now pushing bullish bets into September, amid fading near-term catalysts.…
Bitcoin’s price briefly dipped to an intraday low of $59,860 shortly after 9 a.m. EDT on Oct. 3, 2024. As of 1 p.m., the cryptocurrency is trading above the $60,000…
Bitcoin (BTC) and ether (ETH) surged for a third consecutive day, supported by strong inflows into spot exchange-traded funds (ETFs), according to a weekend analysis by QCP Capital. The firm…
Bitcoin’s market is currently experiencing a period of stagnation, characterized by minimal capital inflows and outflows. According to an onchain analysis from Glassnode, researchers highlight that this inactivity may lead…