Turbo, a memecoin born from ChatGPT, defies expectations, soaring to a $638 million market cap in just a year. Its decentralized nature and community-driven approach contribute to its impressive growth, highlighting the power of unconventional projects in the crypto space.
Xu LinRecently, the latest data from the Feixiao platform shows that 4E Exchange has successfully ranked among the top 38 in the world, with a 24-hour trading volume of US$50.022 billion, a very impressive performance.
JinseFinanceBitcoin experiences substantial liquidations exceeding $138 million amidst increased market volatility. Long positions bear the brunt, with losses surpassing $120 million. The SEC-approved spot bitcoin ETFs contribute to a 7% decline in Bitcoin's value over 12 days. Analysts predict further declines below $40,000. BitMEX co-founder Arthur Hayes employs BTC puts at a $35,000 strike price for hedging. Annualized bitcoin volatility rises from 46% to over 52%. Almost $30 million worth of leveraged bitcoin positions liquidated, predominantly longs. Unrealized profits among bitcoin holders decrease from over 90% to just above 83%, reflecting growing sell pressure. In conclusion, Bitcoin faces challenges amid regulatory changes and cautious investor sentiment.
SanyaCryptocurrency market turmoil triggers $138 million liquidations, with over $120 million from long positions. Bitcoin, post-SEC ETF approval, drops over 7% to below $41,000. Increased volatility and bearish outlook persist.
Xu LinWhile metaverse platforms Decentraland and The Sandbox both have below 1,000 daily active users, they each have over $1 billion in valuation.
CoindeskOn-chain data shows the crypto exchange Coinbase observed 38k BTC in outflows shortly before Bitcoin recovered back above $30k. Bitcoin ...
BitcoinistShort-term Bitcoin price action once again feels like a different animal to bulls' high-timeframe conviction.
CointelegraphBTC price fell below $38,000 as tech stocks sold off and traders watched cautiously to see if Bitcoin can hold its “macro-level support” zone.
CointelegraphBTC is in a lengthy downtrend but three key price metrics explain why traders are confident that the $38,000 level will hold.
CointelegraphThe S&P 500 and Nasdaq see substantial losses on the day as Fed-induced gains evaporate.
Cointelegraph