Crypto liquidations top $300M as Bitcoin drops below $20k
Crypto liquidations top $300M as Bitcoin drops below $20kBitcoin had a negative netflow of $13.7 million as investors withdrew more BTCs from exchanges during the last 24 hours, according to Glassnode data.
Happy FridayThe global crypto market cap is $939.56 billion with a 24-hour volume of $84.87 billion. The price of Bitcoin is $20,190.79 and BTC market dominance is 41.5%. The price of Ethereum is $1,428.82 and ETH market dominance is 18.6%. The best performing cryptoasset sector is Cannabis, which gained 1%.
Latest NewsCrypto liquidations top $300M as Bitcoin drops below $20k
Bitcoin had a negative netflow of $13.7 million as investors withdrew more BTCs from exchanges during the last 24 hours, according to Glassnode data. Crypto lawyer rallies Ethereum investors in class action lawsuit against NYAG’s ‘securities’ labelJohn Deaton opens registration for class action lawsuit, calling for the XRP and ETH communities to put aside past animosities. Bitcoin hashprice drops as miners face possible 30% energy taxJaran Mellerud said Bitcoin's mining difficulty and hashrate has soared by more than 20% in 2023 while the asset's decline has erased most of the gains it made early in the year. ETH enters $1.3K price range; declines 10% in the last 24 hoursAside the macro downturn facing BTC, Ethereum is also facing increased scrutiny by the SEC since switching to proof-of-stake. Cathie Wood remains bullish on Bitcoin, other cryptocurrenciesThe Ark Invest CEO talks about the current challenges facing the macro environment at Lyceum Miami 2023. Crypto market massacre sees $78B in outflows: CryptoSlate Daily wMarket UpdateThe wMarket Update condenses the most important price movements in the crypto markets over the reporting period, published 07:45 ET on weekdays. Virtual worlds trading volume grew 230% in FebruaryThe trade count for virtual worlds doubled to 51,000 in February, as the metaverse and gaming space received $148 million in investments. Justin Sun sets up $100M Huobi liquidity fund following HT flash crashCryptoQuant's data showed that Huobi's reserve dropped by $72.4 million in the last 24 hours. Crypto community reacts to NYAG’s lawsuit: Is Ethereum really a security?Uncertainty looms over Ethereum's security status, with Ryan Selkis hinting at a coordinated attack on crypto. Gaming accounts for 45% of web3 industry active wallets despite decrease in activityDaily Unique Active wallets recorded a 12.33% decrease in February, while Oath of Peak, Trickshot Blitz, and Unity remained bullish.
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Ethereum Foundation makes new Goerli Shapella announcement
Thursday, March 9, 2023
The ability to withdraw staked Ethereum may soon be here, as Shapella (Shanghai + Capella) unstaking upgrade goes live on the Goerli testnet.
Ripple CEO says SEC has no infrastructure for registered tokens
Wednesday, March 8, 2023
Ripple CEO Brad Garlinghouse said the US crypto industry need to rebuild trust by enabling more transparency and creating utility.
Algorand blasted over inaction on ongoing wallet drain hack
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In February, Arbitrum's stablecoin inflow averaged over $10 million per day as the network saw a total influx of around $300 million.
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