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.
CoreWeave plans to raise $8.5 billion in chip-backed debt as part of its funding strategy aimed at capitalizing on the ongoing GPU scarcity that is pushing infrastructure firms to seek asset-backed financing for rapid scaling. […]
The Ethereum Foundation has announced the formation of a dedicated team to support the development of DeFipunk protocols, emphasizing a shift towards privacy-first, self-custodial, and open-source DeFi systems. This initiative includes the appointment of key […]
On March 6, Bitcoin spot ETFs experienced significant net outflows totaling $349 million, with Fidelity’s FBTC contributing $159 million to this decline. Ethereum spot ETFs also faced outflows amounting to $82.85 million, primarily driven by […]