Market sees $1B in liquidations as Bitcoin, Ethereum plunge
Market sees $1B in liquidations as Bitcoin, Ethereum plungeThe market's top cryptocurrencies plunged late Thursday, triggering massive liquidations across the board.
Happy Friday!The global crypto market cap is $1.05 trillion, with a 24-hour volume of $68.69 billion. The price of Bitcoin is $26,003.37, and BTC market dominance is 48.2%. The price of Ethereum is $1,661.26, and ETH market dominance is 19.0%. The best-performing sector is Charity, which gained 0%. The Crypto Fear & Greed Index is currently Extreme Fear (37). Top News
Market sees $1B in liquidations as Bitcoin, Ethereum plungeThe market's top cryptocurrencies plunged late Thursday, triggering massive liquidations across the board. SpaceX saw valuation of Bitcoin holdings fall by $373M over two years: WSJDetails of the company's crypto holdings are still largely unknown, but Bitcoin has not provided a return. SEC permitted to move for interlocutory appeal against RippleThe SEC will need to file its motion for appeal by Aug. 18, while Ripple will need to file its opposition papers by Sept. 1. The SEC will need to file any reply by Sept. 8. Latest Insights
More NewsTether stops minting USDT on three blockchains, including Bitcoin’s Omni LayerThe Bitcoin version of USDT will soon be available on a new network called RGB. Bitcoin at $28.5K: Unpacking the significance of tight Bollinger BandsBitcoin's breach of a lower Bollinger Band may suggest a market turnaround. Grayscale hiring for its ETF team as markets await SEC decisionRecent reports indicate that a pivotal decision regarding Grayscale's case with the SEC could be announced imminently. Federal Reserve shuts down Farmington Bank over unapproved stablecoin projectThe bank worked with Fluent Finance on its US+ stablecoin in 2022 but did not seek Fed approval before beginning the project. Will indication of SEC approval for Ethereum futures ETFs be precursor to further pain?SEC set to approve first-ever ETFs based on Ethereum futures, signaling a new era for cryptocurrency integration into mainstream finance.
|
Older messages
Shibarium launch falters, $2.5M locked in bridged funds wiping $500M from SHIB market cap
Thursday, August 17, 2023
Onchain sleuth ZachXBT described Shibarium's launch as sloppy.
Sei token to launch Aug 15. on Bitfinex, Binance, and more
Tuesday, August 15, 2023
The Cosmos SDK-based blockchain will launch its native token on several exchanges tomorrow.
Law expert says the amicus brief filed by 6 law scholars ‘absolutely shreds’ the SEC’s theory
Monday, August 14, 2023
In support of Coinbase, the scholars said that an 'investment contract' requires a 'contractual undertaking,' contradicting the SEC.
BlackRock, Invesco insiders claim Bitcoin ETF approval expected within six months: Mike Novogratz
Monday, August 14, 2023
Novogratz said his sources expect the SEC will give spot Bitcoin ETFs the green light in the next four to six months.
Coinbase’s Ethereum layer-2 chain Base is live to the public
Monday, August 14, 2023
Coinbase has hyped its new blockchain as a path to mass adoption.
You Might Also Like
What is DeFAI? The AI-enabled DeFi narrative looking to take 2025 by storm
Wednesday, January 15, 2025
AI-driven DeFi projects aim to simplify finance with real-time insights, trading, and personalized strategies, but face hurdles in transparency and security. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
DeFi & L1L2 Weekly — 📈Solana’s daily DEX trading volume beat Ethereum’s by 84%; Sony launched its L2 blockchain, …
Wednesday, January 15, 2025
Solana's daily DEX trading volume beat Ethereum's by 84%. Sony launched its L2 blockchain, Soneium. Compound integrated Ethena's stablecoin and Mantle's liquid staking token. ͏ ͏ ͏ ͏ ͏
DeFi & L1L2 Weekly — 📈Solana’s daily DEX trading volume beat Ethereum’s by 84%; Sony launched its L2 blockchain, …
Wednesday, January 15, 2025
Solana's daily DEX trading volume beat Ethereum's by 84%. Sony launched its L2 blockchain, Soneium. Compound integrated Ethena's stablecoin and Mantle's liquid staking token. ͏ ͏ ͏ ͏ ͏
OKX Founder's Full Speech: "Always Hold Bitcoin"
Wednesday, January 15, 2025
January 14, 2025, OKX CEO Star delivered a speech via video link. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
JPMorgan believes Solana, XRP ETPs could attract $15 billion in net inflows
Tuesday, January 14, 2025
Both assets register $2.5 billion in assets under management currently, with a little over $500 million in inflows registered last year. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Coin Metrics’ 2025 Crypto Outlook
Tuesday, January 14, 2025
Key Trends & Outlooks Shaping Digital Assets in the Year Ahead ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Bitcoin’s sharp rise and fall starts week with $418 million in liquidations
Monday, January 13, 2025
Crypto positions unwind with $245M in longs liquidated across major exchanges. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
₿ US-based entities hold 65% more BTC reserves than non-US entities; Crypto.com launched stocks and ETFs trading i…
Monday, January 13, 2025
US-based entities hold 65% more BTC than non-US entities; Crypto.com launched stocks and ETFs trading in the US; South Korea is reportedly planning to gradually allow institutional crypto trading ͏ ͏ ͏
Crypto Crash Imminent As US DOJ Sells Over 69K BTC
Monday, January 13, 2025
Monday Jan 13, 2025 Sign Up Your Weekly Update On All Things Crypto TL;DR Crypto Crash Imminent As US DOJ Sells Over 69K BTC Senator Lummis To Head New Crypto Subcommittee Dogecoin Fails To Break
2024 Cex Annual Report: Binance's lead narrowed, while Bybit spot and Bitget contracts grew significantly
Monday, January 13, 2025
In December, major exchanges recorded a 14% increase in spot trading volume, with Bitget leading at 102% growth, and a 6% rise in derivatives trading volume, where Gate saw the largest increase at 111%