Crypto Crash: $19.5 Billion Wiped Out In Record-Breaking Liquidation Event

The crypto market has erased more than $19.5 billion in leveraged positions in the past 24 hours, making it the most chaotic 24-hour period in crypto history. This crash, which saw 1.6 million traders forced out of positions, was caused by sudden US tariff announcements on China and amplified by risky leverage across exchanges.  Bitcoin… Continue reading Crypto Crash: $19.5 Billion Wiped Out In Record-Breaking Liquidation Event

Analyst Sounds Bearish Alarm For Bitcoin As $100,000 Presents Psychological Resistance

Despite heightened expectations for the Bitcoin price to hit the $100,000 milestone, a crypto analyst has surmised that this key target could present psychological resistance for the pioneer cryptocurrency. Amidst this bearish warning, the coin’s price’s continued upward movement towards the elusive $100,000 mark has become the center of attention in the crypto community.   $100,000… Continue reading Analyst Sounds Bearish Alarm For Bitcoin As $100,000 Presents Psychological Resistance

Bitcoin Crash To $61,000 Drives 24-Hour Crypto Liquidations Toward $300 Million

Early on Monday morning, the Bitcoin price crashed another 5% to drop to the $61,000 level. This drop, which was very sudden, has taken investors by surprise, triggering a massive wave of liquidations. As the volume continues to rise, the crypto liquidation figures have barreled toward $300 million in just 24 hours alone. 91,000 Crypto… Continue reading Bitcoin Crash To $61,000 Drives 24-Hour Crypto Liquidations Toward $300 Million

Liquidation Alert As High-Risk Loans On Aave Reach $1 Billion – Details

According to aDeFi space records multi-year highs. This development is believed to stem from investors exploring various investment strategies in a bid to maximize profits in a highly anticipated crypto bull run. Aave’s High-Risk Loans 5% Short Of Liquidation Threshold In its weekly newsletter on June 8, IntoTheBlock highlights that DeFi loans are currently estimated… Continue reading Liquidation Alert As High-Risk Loans On Aave Reach $1 Billion – Details

Ethereum Whale Offloads Holdings Amidst Market Downturn

Ethereum (ETH) tumbled 6.45% in the past week, marking a rough stretch for the world’s second-largest cryptocurrency. Generally, Ether has left investors much to desire in recent times with a price decline of 16.57% over the last few months. Amidst this bearish market, a crypto whale has sold off all his Ethereum tokens drawing much… Continue reading Ethereum Whale Offloads Holdings Amidst Market Downturn