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Bitcoin falls below $57k as $13 billion in leveraged shorts placed on major exchanges

Since February, Bitcoin has fallen to its lowest price, breaking below $60,000 and hitting $56,900 as of press time. The price is now 23% below its recent pre-halving all-time high of $73,000. Data from Coinglass shows that Binance, the most liquid exchange for Bitcoin trading, has several buy walls in the order book down to […] The post Bitcoin falls below $57k as $13 billion in leveraged shorts placed on major exchanges appeared first on CryptoSlate. дальше »

2024-5-1 11:42


Cardano Whales Drive Surge In Large Transactions Amid Market Volatility

In recent days, Cardano whales have been actively engaged in the cryptocurrency market, conducting an average of $13.84 billion worth of large transactions daily over the past week. This notable volume places Cardano’s transaction activity at one-third of Bitcoin’s current volume, five times higher than Litecoin’s, and over sixteen times […] дальше »

2024-5-1 01:24


Cardano’s Mysterious Surge: What’s Behind The $13 Billion Daily Transaction Boom?

Cardano (ADA), the smart contracts platform known for its energy-efficient Proof-of-Stake consensus mechanism, has been generating buzz lately. On-chain data reveals a significant uptick in large transactions, hinting at a potential return of the whales – major investors who can significantly impact cryptocurrency prices. дальше »

2024-4-30 09:00


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Crypto set to hit 1 billion users by end of 2025, says analyst

Bitcoin analyst Willy Woo has presented a model that forecasts the cryptocurrency industry reaching its first billion users by the end of 2025. This prediction, detailed in a chart by Woo, represents a significant milestone in mainstream crypto adoption, indicating a potential major influx of capital and subsequent price appreciation for digital assets. Current user […] дальше »

2024-4-30 18:45


Dogecoin’s Resilience Redefines Crypto: Are Memecoins Becoming a Legitimate Asset Class? Experts Highlight These DOGE Metrics

The resilience of memecoins like Dogecoin has ignited a heated discussion about the legitimacy of such assets. Despite being born as a satirical take on the crypto craze, Dogecoin has defied expectations by bottoming at $8 billion market cap amid the market turmoil lately. дальше »

2024-4-29 17:20


BlockDAG’s Moon Keynote Teaser Orchestrates Sale of 8.2 Billion Coins Amid BNB Price Surge & Decentraland’s Ecosystem

BlockDAG has firmly established itself as a trailblazer with its recent presale triumphs, achieving over $30 million in sales and distributing over 8. 2 billion coins. This impressive milestone was significantly boosted by the announcement of a moon-shot keynote, which has not only enhanced BlockDAG’s visibility within the industry but also underscored its innovative edge. дальше »

2024-4-28 11:00


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IBIT vs GLD: A compelling tale of Bitcoin’s growing dominance over traditional gold investments

Quick Take Bitcoin left a significant mark on the ETF industry in 2024, with Bitcoin ETFs drawing in more than $12 billion in net inflows combined. Leading this surge is BlackRock’s iShares Bitcoin ETF (IBIT), which has accumulated over $15 billion in net inflows and stands at the forefront of this success narrative. дальше »

2024-4-25 19:25