Bitcoin and Ethereum led the cryptocurrencies in liquidation, with over 54,000 traders liquidating their leveraged positions and the total market capitalization approaching $2.1 trillion. CoinGlass reported that more than $145 million was liquidated from cryptocurrency markets in 24 hours across exchanges. Of these trades, $91 million were registered as short positions, as most traders expected lower prices. However, the overall cryptocurrency market cap rose 1.2%, per CoinGecko, paying off the downside bet. A $4 million Bitcoin (BTC) position on the USDT pairing recorded the largest single liquidation order. The transaction took place on Binance, the largest cryptocurrency exchange. Additionally, traders…
Author: Crypto Flexs
Read More
Ethereum has risen above the $2,900 level over the past day, but data suggests the futures market may be starting to overheat. Ethereum has now breached the $2,900 level. While Bitcoin has been in a generally flat decline recently, Ethereum appears to have decided to choose its own path. That’s because the sector’s second-largest asset has surged nearly 4% in the last 24 hours. The jump saw Ethereum hit $2,900 for the first time since early May 2022. The chart below shows the coin’s performance over the past few days. The price of the asset appears to have shot up…
In anticipation of increased retail demand for on-chain tokenized gold, Kinka Gold has begun issuing the first wave of $XNK, a gold-backed ERC-20 token. The token has been made tradable on CoinW for the first time, with traders able to trade the gold-pegged token starting February 19 at 10:00 AM (UTC). The price of each $XNK token is directly pegged to the price of gold, with 1 $XNK equivalent to 1 troy ounce of gold that meets LBMA standards. The gold is premium gold with a purity of 99.9% and is issued by a subsidiary of Daiichi Commodities, a Japanese…
Worldcoin, a digital identity token ERC-20 The Ethereum (ETH) blockchain project has received great attention. basic token, worldIt is the best performing cryptocurrency among the top 100 cryptocurrencies by market capitalization. The token experienced an incredible 31% increase. uptrend It has skyrocketed in just 24 hours and has surged a whopping 217% in the last 14 days. This surge not only marks a new all-time high for WLD, but also has positive implications for Alameda Research, the trading arm of the now-bankrupt FTX exchange that holds a significant stake in Worldcoin. Alameda Research’s Worldcoin stake reaches $186 million According to…
Rollup platform AltLayer has raised $14.4 million in a strategic funding round co-led by Polychain Capital and Hack VC.OKX Ventures, HashKey Capital, Bankless Ventures, Primitive Ventures, SevenX, Mask Network, IOSG and TRGC also participated in the round, which closed in September 2023, according to a statement released today. According to the statement, the new capital will be used to expand the AltLayer team and further develop its rollup infrastructure. AltLayer did not disclose its valuation.The raise comes after AltLayer launched its native token last month and rewarded users who staked Celestia and EigenLayer, AltLayer’s NFT holders and community campaign participants.…
reporter Posted on: February 20, 2024 BLUR formed a range in December but crossed it in January. The recent bullish dynamics across the market are also keenly reflected in the BLUR chart. Blur (BLUR) has been on a strong run in recent weeks, rising 110% since January 8th. The 1-day chart also showed a steady bull market structure. Technical indicators explained the dominance of buyers. The transition to the $0.55 support level was achieved in mid-January. An explosive rally followed the retest in the first week of February. Could the rally break past $1? BLUR continued to break through key…
With 2024 already underway, anticipation in the cryptocurrency world is at an all-time high as everyone prepares for Bitcoin’s halving. This is an event that could reshape the Bitcoin market landscape. Historically, this event is worth looking at because it sparked a wave of change throughout the cryptocurrency industry. Knowing what we have learned from previous halvings, we will move ahead with a keen eye and shape our movements based on these insights. But is this halving something different? Let’s find out. From digital gold to rare platinum: Bitcoin’s story of scarcity and increasing valueBitcoin’s design is to reduce the…
Minutes Network unveils plans to onboard more than 1 billion users by Q1 2026. -Chainwire housenewsroomMinutes Network unveils plans to onboard more than 1 billion users by Q1 2026. We use cookies to make your experience on Chainwire’s website better. Cookies help us provide you with a more personalized experience, relevant advertising and provide us with web analytics. Technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user or for the sole purpose of carrying out the transmission of communications over an…
Cryptocurrencies have become a hot topic in the investment world in recent years, and EagsCoin is definitely one to watch. EagsCoin is a decentralized digital currency that offers a variety of benefits and investment opportunities for those looking to get on the ground floor of a potentially lucrative market. What is EagsCoin? EagsCoin is a cryptocurrency created with the goal of providing a trustworthy, secure, and decentralized way to transfer and store value. Built on blockchain technology, transactions are guaranteed to be safe and transparent. EagsCoin also offers low transaction fees and fast processing times, making it an attractive option…
Ethereum (ETH) price approached $3,000 on February 19 amid anticipation of developments expected to occur in the coming months.As of 8:35 PM UTC, the ETH price is: $2,937, market capitalization of $352.96 billion. This change represents a growth of 4.12% over 24 hours. This is significantly larger than Bitcoin’s 0.4% gain over the same period and larger than the cryptocurrency market’s overall 1.2% rise.Lido Staked Ether (STETH) saw a similar gain of 3.88% in 24 hours. The Ethereum 2.0 staking token category gained 5.4%, according to data from CoinGecko.Ethereum accounted for a relatively small portion of 24-hour liquidations. The assets…