A Wave of Leveraged Long Liquidations Exposed Bitcoin BTC$111,035.52 sensitivity of stocks, according to Wall Street bank Citigroup. The bank said worsening trade tensions between the United States and China triggered a sharp sell-off in futures on Friday that spilled over into crypto, highlighting its volatility and correlation with stocks. Crypto and stock markets have […]
Bitcoin (BTC) Friday Drop Takes a Look at Citigroup Read More »
WisdomTree has launched an exchange-traded product backed by Stellar Lumens (XLM) across several European locations, setting the management fee ratio at 0.50%, according to a press release the asset manager shared with CoinDesk on Tuesday. Called the WisdomTree Physical Stellar Lumens ETP, the product provides exposure to the spot price of lumens through a physically
WisdomTree launches physically supported ETP in Europe Read More »
By Francisco Rodrigues (All times ET unless otherwise noted) The crypto market has seen a fragile recovery after a violent flash crash on Friday wiped out more than $500 billion in value and forced nearly $20 billion in liquidations on derivatives platforms. Bitcoin fell as much as 13% in an hour, hitting a low near
Ethereum developers launched the second test of the upcoming Fusaka upgrade early Tuesday morning on the Sepolia network, marking another step toward the upgrade’s debut on mainnet. The test follows a successful deployment to the Holesky testnet two weeks ago. The developers are planning a final rehearsal on the Hoodi network on October 28, after
Fusaka upgrade is live on Sepolia Testnet Read More »
Bitcoin spot exchange-traded funds (ETFs) in the United States recorded their largest combined daily outflow since September 26 on Monday, with $326.4 million leaving the market, according to Farside data. However, BlackRock’s iShares Bitcoin Trust (IBIT), the largest spot Bitcoin ETF by assets in the market, bucked the broader trend by continuing to see inflows.
BlackRock IBIT Reverses Trend With Continued Inflows Despite BTC Price Weakness Read More »
Bitcoin fell below $112,000 in Tuesday afternoon trading Hong Kong time as China’s trade retaliation sent a fresh wave of risk aversion through global markets. Bloomberg reported earlier Tuesday that China had sanctioned U.S. units of South Korean shipbuilder Hanwha Ocean, a move that reignited fears of a spiraling trade conflict with Washington, just days
Bitcoin and Ether traders remain in wait-and-see mode after last week’s tariff shock wiped out nearly $20 billion in leveraged positions over the weekend, shaking confidence and risk sentiment among the majority of market participants. The market mood has since shifted from panic to fragile optimism as Washington and Beijing toned down their rhetoric, providing
Traders Watch 2020 and 2024 Chart Patterns in Bullish Forecast Read More »
Aggressive selling near $2.66 resistance and a large Binance inflow signals near-term distribution while volume data shows institutional buying on the dip defending $2.55. News context XRP’s rebound from Friday’s liquidation low below $1.58 petered out overnight as fresh whale activity hit exchanges. A single XRP transfer of $23.9 million (≈$63 million) to Binance coincided
Fading Below $2.60 as $63M Whale Sales Hit Binance Read More »
Dogecoin was volatile during the October 13-14 session, sliding 1% after failing to maintain a breakout above $0.22. The token encountered strong demand near $0.20 as institutional flows persisted, even as broader markets reacted to changing trade rhetoric and renewed regulatory scrutiny following House of Doge’s debut on Nasdaq. News context Markets stabilized after the
Faces rejection as treasury company Dogecoin eyes public listing Read More »
Bitcoin Price Today: Drops to $113,000 as US-China Trade Tensions Persist
Bitcoin Price Today: Drops to $113,000 as US-China Trade Tensions Persist Read More »
