Bitcoin’s brief dip below $110,000 in the past 24 hours triggered one of the heaviest liquidation rounds in recent times. According to Coinglass data, crypto traders betting on the market lost $811.6 million, with more than 179,000 traders forced out of positions. Speaking on this broad liquidation event, Sean Dawson, head of research at Derive.xyz,
PAI3, a decentralized AI infrastructure, today announced its strategic collaboration with SocioAgent, a social AI agent platform. The core of this partnership is the integration of PAI3’s AI computation infrastructure into SocioAgent’s network, a development that is set to enable SocioAgent to advance how its social AI agents function and interact in a private and
South Korea is witnessing an extraordinary financial shift, particularly concerning its overseas financial assets. Recent reports indicate a dramatic surge in the total value of these assets, largely propelled by the booming cryptocurrency market. This trend highlights a growing engagement with digital finance among South Korean investors and signals a new era for financial reporting.
Bitcoin ETFs have logged six straight days of outflows, the longest streak since April, mounting pressure on Bitcoin’s short-term outlook. According to on-chain and market analytics platform Santiment, the $1.2 billion outflow marks the longest withdrawal streak since early April, and it highlights growing pressure on Bitcoin’s short-term price performance. The firm attributes much of
Bitcoin is trading 10% below its all-time high, pressured by heavy profit-taking that has wiped out some of its value since August 14. The leading cryptocurrency now trades around the $110,000 level, with on-chain signals suggesting a deeper correction could be imminent. BTC Futures Traders Retreat as Selloffs Continue On-chain data shows that sell-side pressure
Concordium, a popular blockchain network, has collaborated with Safle Walet, a renowned multi-chain crypto wallet. The partnership aims to bolster PayFi network as well as enable compliance-ready identity in the Web3 sector. As the platform asserted in its announcement on X, the development denotes the start of a wider strategy to grow the adoption of
The crypto world is buzzing with a fascinating development! Recent Bitcoin OG deposits totaling a staggering $55.1 million in BTC to Binance have undeniably captured the attention of investors and analysts alike. This significant move, originating from a long-time Bitcoin holder, suggests a potential shift in strategy that could ripple across the broader market. According
A major Bitcoin whale has moved nearly 24,000 BTC in a single transaction, converting the assets into Ethereum through HyperUnit. Data from blockchain intelligence firm Arkham shows that the whale’s upstream address once held 94,000 BTC at its peak in 2018. The holdings were originally sourced from exchanges including HTX, Bixin, and Binance. Despite the
Shares in trading platform Robinhood Markets and Bitcoin treasury firm Strategy fell in after-hours trading on Monday after missing out on being included in the S&P 500, amid a broader market dip. S&P Dow Jones Indices said late Monday that brokerage Interactive Brokers Group would join the index tracking the 500 largest US companies at
The crypto world is buzzing with recent market movements, and one particular phenomenon has captured significant attention: the Bitcoin Kimchi Premium. This unique indicator has recently surged to an impressive 2.1%, signaling a notable price disparity between South Korean and international cryptocurrency exchanges. For those monitoring global crypto trends, understanding this premium is absolutely crucial.