On the 15th of October, the crypto markets were hit by a $957.77 million wave of liquidations. Notably, long positions accounted for 91.7% of the total, reflecting widespread forced selling. Over the last 24 hours, $878.07 million in leveraged longs were wiped out amid concerns over hotter-than-expected inflation and fears about Federal Reserve policy. The
Bitwise Chief Investment Officer Matt Hougan says Bitcoin may be in good shape whether the economy changes or not. His reasoning is based on the long-term growth prospects for Bitcoin, which he claims remain favorable regardless of economic developments, driven by AI integration, changes in monetary policy, and increased institutional investment. The asset will be
The global crypto market cap fell 3.2%, wiping out $89.36 billion to reach $2.71 trillion. Meanwhile, Bitcoin the pioneer cryptocurrency dropped from a 24-hour high of $83,700 to below $81,000 after U.S. inflation came in hotter than expected, raising the odds for a Fed rate hike to 44%. The market drop triggered nearly $1 billion
Bitcoin ($BTC) is approaching a critical support zone near $81,000 as selling pressure intensifies following hotter-than-expected U.S. inflation data. The latest decline has put the market’s accumulation trend to the test, with large holders adding Bitcoin even as institutional demand shows signs of weakness. Meanwhile, substantial withdrawals from Binance suggest some investors are moving $BTC
zkSync has reached an impressive milestone, with a congratulatory message from Vitalik Buterin highlighting this achievement. He noted that the focus for zkEVMs should now shift to enhancing security protocols. This development may lead to greater confidence in zkSync’s scalability solutions and its integration within the Ethereum ecosystem, potentially attracting more users and developers. What
Strategy (NASDAQ: MSTR) stock price has dropped to a near one-month low as focus shifts on whether the MSCI index will pass a proposal that could see Strategy removed from the index after the November rebalancing decision. Know when yourcoins moveAlerts, real-time prices, and market news — all in one app 4.8 based on 40K
Bitcoin whale holdings climbed by about 60,000 $BTC to nearly 3 million as large holders increased exposure during the latest market recovery. Bitcoin’s largest non-exchange holders have added roughly 60,000 $BTC as the market recovered, pushing their combined balance from about 2.94 million $BTC to nearly 3 million. The increase suggests large holders were expanding
US spot Bitcoin exchange-traded funds (ETFs) returned to net outflows for the week on Wednesday as BTC fell below $82,000. Bitcoin ETFs recorded about $262 million in outflows on Wednesday, reversing $176 million in inflows the day before, according to SoSoValue data. The latest withdrawals brought this week’s net outflows to $151 million through Wednesday.
Thailand’s first crypto exchange-traded funds (ETFs) may get off to a slow start despite Bangkok’s efforts to expand access to regulated digital asset investments. “I would expect modest inflows initially, with tens of millions of US dollars across the first products a more realistic starting expectation than billions,” James Butterfill, head of research at digital
The $ARK Venture Fund has announced a significant step in its mission to democratize access to financial markets through tokenization. This initiative was highlighted by Cathie Wood, who stated that tokenizing the fund could revolutionize how investors engage with both private and public markets. This move could pave the way for broader participation in innovative