Bitcoin was still trading higher on Tuesday morning after surging past $56,000 on Monday night.BTC was trading at $56,607.57 early Tuesday morning. Bitcoin prices are up 11% in the past day and up 33% since last month, according to CoinGeco data. And in the past day alone, $278 million worth of Bitcoin short positions were liquidated.When a short position is liquidated, this means that the trader is forced to liquidate the short position by the broker or exchange. This typically occurs when the value of the asset being sold increases to the point where the trader’s losses approach or exceed…
Author: Crypto Flexs
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Bitcoin has surged to multi-year highs above $56,000 in the past 24 hours as spot Bitcoin ETF trading volume has increased.The largest digital asset by market capitalization is up more than 10% in the past 24 hours, trading at $56,566 at 5:46 a.m. ET. The surge in prices over the past day has led to the liquidation of a significant portion of short positions on central exchanges. According to CoinGlass data, volatility led to the liquidation of more than $188 million in Bitcoin positions, most of which ($164.89 million) were short sales.Major altcoins such as SOL, the native coin of…
Solana is gaining bullish momentum above $108. SOL price is showing positive signs and may break above the $118 resistance in the near term. SOL price started a fresh rise from the $98.50 support level against the US dollar. The price is currently trading above $108 and the 100 simple moving average (4-hours). On the 4-hours chart of the SOL/USD pair (Kraken data source), there is a break above the main bearish trend line at $108.80, which is the resistance level. If it breaks the $115 and $118 resistance levels, the pair could continue to rise. Solana price begins a…
join us telegram A channel to stay up to date on breaking news coverage As cryptocurrency enthusiasts are constantly looking for new and efficient ways to mine Bitcoin, Lindy Shirries highlighted Bitcoin Minetrix as a potential alternative. This pursuit stems from a desire to avoid the high costs and environmental impacts associated with traditional mining, particularly due to the challenges posed by centralized mining companies. Bitcoin mining has become possible as Bitcoin Minetrix provides a decentralized alternative. Recognized as a pioneering decentralized digital currency, Bitcoin maintains a prominent position in the cryptocurrency market. Widespread acceptance, convertibility to fiat, and adoption…
Investing in financial markets requires effective portfolio management. Whether you are an individual investor, financial advisor, or fund manager, using the right tools can greatly improve your decision-making process. Not all portfolio management software is created equal! Some focus solely on investment tracking and trading, while others provide a broader picture of your finances by taking into account your budget, savings goals, debt management, and spending patterns. Prices range from free to over $100 per year, and there is an option for everyone, whether you have a financial advisor or not. Find the perfect software for your needs in this…
I0coin is a revolutionary new cryptocurrency that will change the way we think about digital currencies. What is i0coin? I0coin is a decentralized digital currency that utilizes blockchain technology to ensure transparency and security of transactions. It was created in 2011 and has since gained popularity for its fast transaction speeds and low fees. Features of i0Coin fast transaction speed low fees decentralized network safe transaction Why invest in I0coin? Investing in I0coin can be a profitable opportunity due to its potential for growth and adoption in the cryptocurrency market. With innovative features and strong security measures, I0coin is poised…
For websites selling goods in Bitcoin, it is common practice to use xPub to obtain a new address for each customer. This has two benefits: 1) Using a new address protects the seller’s privacy because funds become more difficult to track. 2) Each individual order includes your Bitcoin address as a unique identifier, making order processing much easier. It is true that even if xPub were leaked, hackers would not be able to use any of the funds. However, he can see addresses created in the past and future and can monitor all traffic in the wallet. If a website…
Our privacy policy, Terms of Use, cookie, and Do Not Sell My Personal Information has been updated.CoinDesk is award-winning Media outlets covering the cryptocurrency industry. Journalists must: Strict editorial policy. November 2023, Acquired CoinDesk Owner of Bullish Group stress, Regulated digital asset exchange. Bullish Group is majority owned by: Block One; both companies understanding It has various blockchain and digital asset businesses and a significant portion of digital assets, including Bitcoin. CoinDesk operates as an independent subsidiary with an editorial board to protect journalistic independence. CoinDesk offers stock options from the Bullish group as part of their compensation to all…
Cryptocurrency prices rose across the board yesterday, with the overall cryptocurrency market capitalization rising more than 6% to $2.22 trillion. Bitcoin led the rally, breaking year-long trading resistance near $57,000. Meanwhile, altcoins from Ethereum to meme token PEPE followed BTC’s momentum. This surge appears to have been fueled by a bullish technical setup as well as strengthening cryptocurrency fundamentals. TLDR The total cryptocurrency market capitalization (TOTALCAP) broke the resistance line at $2.15 trillion, suggesting further upside. Bitcoin price is approaching the $60,000 resistance level, the final barrier before setting a new all-time high. Meme token PEPE broke out of its…
OKX officially launched its cryptocurrency exchange in Turkey on Tuesday as part of its international expansion plans.OKX TR shared with The Block that it offers direct deposits and withdrawals of Turkish Lira as well as bilingual support in Turkish and English. OKK’s web3 non-custodial wallet is now also available to Turkish customers through its global platform.OKX, one of the largest cryptocurrency exchanges by trading volume, first announced its intention to expand into Turkey in May 2023, opening an office in the Middle East market and hiring a local team.OKX TR provides users with a platform to trade major cryptocurrency pairs,…