Friday’s sell-off triggered what Bitwise portfolio manager Jonathan Man called the worst liquidation event in crypto history, with more than $20 billion wiped out as liquidity vanished and forced deleveraging took hold, in an article on X published Saturday.Perpetual futures — “perps” in trading shorthand — are cash-settled contracts with...
Relax, Bitcoin is going to be ok, even if BTC lost 13% in 8 hours: The proof is in the data
⚪ Neutral Bitcoin’s $16,700 drop on Friday triggered $5B in futures liquidations, exposing a fragile market structure and renewed volatility despite this year’s spot BTC ETF-driven optimism.
The selling in Bitcoin and altcoin is not over yet, but data suggests that the nature of the CME Bitcoin and equities futures market open on Sunday will determine the direction BTC price takes.
Some altcoins lost over 95% of their value during Friday’s crash, which triggered the most severe and rapid liquidations in crypto history.
Coinbase is preparing to launch a new American Express credit card in the U.S. this fall, and everything about it — from the design to the rewards — seems tailored to bitcoin enthusiasts.A card built around bitcoin’s origin storyUnlike most crypto-linked cards, Coinbase’s upcoming product isn’t just about perks —...
Ethana’s yield-bearing stablecoin, USDe, briefly lost its 1:1 dollar peg during the recent sharp market sell-off triggered by U.S. President Donald Trump’s announcement of a 100% additional tariff on China.On Binance, USDe dropped to 65 cents before quickly regaining parity with the dollar during what’s seen as crypto’s largest ever...
The provision in the National Defense Authorization Act could create even more economic pain for the crypto mining industry if passed.
After yesterday's multibillion dollar leveraged crypto wipeout, traders are licking their wounds — but those who cannot remember the past are condemned to repeat it.
ZEC recovered all its value lost during Friday's market meltdown and also hit a recent high of $291 before dipping to the $270 level.
The native token of Aave (AAVE), the largest decentralized crypto lending protocol, was caught in the middle of Friday's crypto flash crash while the protocol proved resilient in a historic liquidation cascade.The token, trading at around $270 earlier in Friday, nosedived as much as 64% later in the session to...
