Solana Drops 11% as Open Interest Plummets, Erasing Nearly $440M
Apr 14, 2024 16:06 pm UTC| Technology Digital Currency
Solanas open interest has decreased sharply by 21%, with the cryptocurrencys price dropping 11% to its lowest in over a month. This significant decline wiped out approximately $36.55 million in long positions as traders...
Bitcoin’s $256M Liquidation Amid Drop Spurs Analyst Debate on Market Health
Apr 14, 2024 13:37 pm UTC| Technology Digital Currency
Bitcoins recent 7% drop triggered a significant $256 million liquidation of long positions, yet analysts remain unfazed, attributing the fall to normal market cycles amidst geopolitical tensions. Analysts Downplay $256M...
Bitcoin Crashes to $61K, Sparks $700M in Liquidations; Altcoins Also Suffer
Apr 14, 2024 13:30 pm UTC| Technology Digital Currency
In a dramatic turn, Bitcoin tumbled to $61,000, triggering market-wide panic and $700 million in trader liquidations. This sudden drop intensified as altcoins recorded significant declines, shedding billions in market...
SHIB Price Eyes 30% Surge; Marathon Digital, Coinbase: Top Crypto Picks
Apr 14, 2024 07:24 am UTC| Technology Digital Currency
Despite a recent 11.6% dip in the broader crypto market, Shiba Inu (SHIB) holds steady at $0.00002417, poised for a 30% upswing by Aprils end. Analyst Maximilian identifies key drivers behind SHIBs resilience, pointing to...
SEC Alters Stance in Uniswap Probe, Confounding Past Guidelines
Apr 14, 2024 07:15 am UTC| Technology Digital Currency
The SECs recent Wells notice to Uniswap Labs marks a significant shift from previous regulatory practices, challenging established guidelines and sparking debate over policy consistency. SECs Enforcement on Uniswap...
Vietnam Moves Towards Crypto Regulation, Ministry of Justice Calls for Legal Framework
Apr 14, 2024 07:09 am UTC| Technology Digital Currency
The Vietnam Ministry of Justice has underscored the urgent need for a legal framework to govern the burgeoning cryptocurrency sector amid rising transactions and regulatory gaps. Vietnams Crypto Market Thrives Amid...
Chinese Mainland Investors Blocked from Hong Kong Bitcoin ETFs, Issuers Confirm
Apr 14, 2024 07:01 am UTC| Technology Digital Currency
Surprisingly, issuers of Bitcoin ETFs in Hong Kong have clarified that investors from mainland China cannot participate, contradicting earlier reports of potential massive capital inflows. Hong Kong ETF Issuers Refute...
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