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$317M Bitcoin Liquidations in 24 Hours: $210M Long Losses
Over the past 24 hours, $317 million in Bitcoin liquidations occurred as the price fluctuated between $89,700 and $92,500, with long positions accounting for $210 million of the losses, according to Coinglass. We are well aware of the fact that the cryptocurrency market is greatly prone to instability. However, the recent liquidation of $317 million in Bitcoin positions over 24
Trump’s Bitcoin Act Could Boost Legitimacy as Reserve Asset
With Donald Trump elected as the US President, the cryptocurrency market is foreseeing huge changes. Trump’s administration is in favor of Bitcoin and cryptocurrency’s growth. Their interest in Bitcoin has already marked a significant shift in its value. On November 06, 2024, Bitcoin’s value reached a new height of 76,243 USD dollars following Trump’s presidential victory. According to resources, from
Strike Launches Free Bitcoin Auto-Withdrawals in 24 Hours
Imagine this: you’ve got a magical box that fills up with coins every day, and at any time, you can open the box and take out all the coins without paying a single fee. Sounds too good to be true, right? Well, something quite similar has happened in the world of Bitcoin, and it’s all thanks to Strike, a popular
JD Vance Holds $500K in Bitcoin, Criticizes Crypto Rules
In today’s world, where cryptocurrencies are making waves in financial markets and news headlines, JD Vance, a U.S. senator from Ohio, is stirring the pot. Not only does he hold a sizable chunk of Bitcoin, but he’s also making some bold statements about the current rules surrounding the crypto world. His criticisms are raising eyebrows and sparking conversations among both
Crypto Losses Hit $129M in October: Exploits and Scams
October has been a rollercoaster ride for the cryptocurrency world, and not in a good way. If you thought the ups and downs of Bitcoin were wild, wait until you hear about the staggering $129 million lost due to scams and exploits this month. It’s like watching a magician pull a rabbit out of a hat—only instead of a cute
Bitcoin TVL Hits $2.35B: Scaling Protocols Fuel Growth
Let’s dive into something that’s buzzing in the crypto world: Bitcoin’s Total Value Locked (TVL) has soared to a staggering $2.35 billion! You might be wondering, “What’s TVL, and why should I care?” Well, let me break it down for you in a fun and easy way. What is Bitcoin TVL? Think of Bitcoin’s Total Value Locked (TVL) as the
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