Tag: Investment
Altcoin Traders Lose $343 Million as Bitcoin Hits $82k – Over $590M Liquidated
Over the past 24 hours, the crypto market experienced liquidations totaling over $590 million, affecting 194,284 traders, as reported by Coinglass. The largest single liquidation order, valued at $15.56 million, took place on OKX’s...
Bitcoin Price Skyrockets to $87k in Post-Election Rally
Bitcoin has been on a remarkable rally, reaching an all-time high of $87,450 in the wake of the US elections. This surge has not only propelled Bitcoin to new heights but has also lifted...
Bitcoin ETFs to Surpass Gold ETFs in 2 Months
US-traded spot Bitcoin exchange-traded funds (ETFs) are rapidly gaining ground and are expected to surpass gold ETFs in terms of total assets under management (AUM) within the next two months. As of November 11,...
MicroStrategy Acquires 27,200 BTC for $2B; Bitcoin Profits Reach $11B
MicroStrategy, led by Michael Saylor, has made headlines once again by acquiring a substantial amount of Bitcoin. The company, known for being the largest corporate holder of Bitcoin, recently purchased an additional 27,200 BTC...
Bitcoin Price Forecast: Will Record Rally Hit Roadblock at $90K-$100K Range?
As bitcoin's price continues to surge, there is a potential roadblock looming ahead as it approaches the $90,000 to $100,000 range. Market makers or dealers, responsible for providing liquidity in the order book, have...
Record $31.3B Inflows in Digital Asset Funds with Bitcoin Leading Charge
Digital asset funds have seen an incredible influx of $31.3 billion, setting a new record. The total assets under management globally have reached $116 billion, indicating a growing confidence in the market. CoinShares reported...
Evolution of Stakeholder Support in Future Bitcoin Upgrades: A Launch Timeline Analysis
Steve Lee, a product management and open-source development expert from Spiral, recently conducted an in-depth analysis of the evolving stakeholder support in future Bitcoin upgrades. His analysis sheds light on the delicate balance of...
Solana Surges to Nearly Three-Year High, Joins $100B Club
Solana's native cryptocurrency, SOL, reached a significant milestone recently, hitting a nearly three-year high of $212. This surge came as bitcoin also soared to new record prices, fueling a broader crypto rally following key...
Bitcoin Hits Record High of $79K, Liquidates $280M in Bearish Bets
Bitcoin made history by surpassing the $79,000 mark for the first time, leading to a weekend pump that liquidated $280 million in bearish crypto trades. This surge occurred as BTC rose by 4%, marking...
Choosing Between USDT and USDC: Important Factors to Consider
Stablecoins like USDT and USDC have become essential components of the digital finance world due to their stability and 1:1 peg to the US dollar. As their use for everyday transactions continues to grow...