In a significant market event, over $230 million worth of cryptocurrency long positions were liquidated within just one hour. This surge in liquidations is indicative of the heightened volatility in the crypto market, as traders face rapid price fluctuations that can lead to significant losses. Such events often signal a shift in market sentiment and can impact the overall landscape of cryptocurrency trading.
The whale ratio has reached an 11-year high of 0.64, indicating that the top 10 wallets now control 64% of total exchange inflows. This significant concentration of activity among large holders, as tracked by CryptoQuant, […]
LayerZero has launched the Zero blockchain in collaboration with ICE and the DTCC, marking a significant partnership in the blockchain industry. This move reflects a growing trend where traditional finance entities partner with blockchain platforms […]
Aave has integrated Babylon Protocol to enable native Bitcoin lending without relying on wrapped Bitcoin (wBTC) custodians, effectively eliminating depegging risks. This move aligns with an industry trend that seeks to enhance Bitcoin’s utility in […]