Crypto Liquidations Top $245M: Brutal Long Squeeze Wipes Out Traders in 24 Hours
Enjoyed this article? Share it with your friends! Authorities in Texas have taken control of more than $2.8 million in cryptocurrency, along with $70,000 in cash and a luxury car, in a case linked to ransomware attacks. According to an August 14 press release, the seizures came after six federal warrants were made public in…
AAVE has a bearish structure and neutral momentum. Short-term holders likely added to the price drop with profit-taking activity, and accumulation has not resumed yet. Aave [AAVE] was in a good position in the DeFi sector and could handle decentralized liquidations effectively. This earned a $6 million revenue overnight. The protocol also saw milestones in…
XRP price exhibits signs of a major run to $1 after collecting liquidity at $0.55 support. This short-term to medium-term bullish outlook may materialize despite the Securities and Exchange Commission’s (SEC) likeliness to appeal the Ripple lawsuit. Last year, Ripple price rallied to $0.93 following the partial ruling in the lawsuit, but a sell-off occurred, wiping…
Ethereum-based non-fungible token (NFT) collection Moonbirds saw a resurgence in market activity following the sale of its intellectual property (IP) to blockchain game development studio Orange Cap Games. On June 6, data from NFT data aggregator CryptoSlam revealed that Moonbirds reached a weekly sales volume of over $2 million, up 2,525% from the previous week….
Dogecoin’s trading volume has declined in a quiet trading session following the weekend. In the last 24 hours, Dogecoin volume was down nearly 50% to $669 million according to CoinMarketCap data. Crypto markets often see a “quiet” weekend, marked by lower trading volumes and liquidity which can result in slower price action and volatility from…
Security alerts in the fast-paced world of cryptocurrency can be alarming, and a recent incident involving the Ether.fi Discord server certainly caught the community’s attention. As a leading liquid restaking protocol operating on the Ethereum protocol, Ether.fi’s communication channels are vital for its users and the broader ecosystem. This is why a security issue on…