Ether Heads Toward Set of Mammoth $340M On-Chain Liquidations
Ether’s (ETH) 11.5% slide over the past 24 hours has moved the second-largest cryptocurrency closer to a series of mammoth $340 million liquidations on collateralized debt platform MakerDAO. On-chain data shows three MakerDAO positions will be liquidated when the ETH price hits $1,926, $1,842 and $1,793. Each position is...
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Solana price hits October lows as sell pressure mounts ahead of 11.2m SOL unlock
Solana has suffered a sharp decline, dropping to its lowest level since November as selling pressure keeps mounting ahead of a major token unlock. As of the time of writing, Solana (SOL) is sitting at $135 mark, down by 15%…...
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South Dakota Shoots Down Bitcoin Reserve Bill Over Volatility Concerns, Follows Wyoming And Montana’s Lead As BTC Falls Below $90,000
The South Dakota legislature delayed a vote on a bill on Monday that could have allowed the state to adopt Bitcoin (CRYPTO: BTC) as a strategic reserve asset. What happened: The majority of lawmakers at a meeting of the state’s House Commerce and Energy Committee voted to defer the...
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Bitcoin’s Trojan Horse: This Florida Bill Could Turn The GOP Orange
Florida’s Strategic Bitcoin Reserve (SBR) bill could put the cryptocurrency on the state’s balance sheet—while also potentially reshaping the Republican Party’s stance. The bill, officially known as “SB 550: Investments of Public Funds in Bitcoin,” has gained momentum in Tallahassee and drawn national attention thanks to a high-profile advocate...
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Bitcoin ETF outflows soar over 700%, led by Fidelity’s FBTC
U.S. spot Bitcoin ETFs saw a big spike in net outflows on Feb. 24, with most of it coming from Fidelity and BlackRock’s funds as market sentiment turned sour. According to data from SoSoValue, the 12 spot Bitcoin ETFs recorded…...
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Crypto Greed Index Flashes ‘Extreme Fear’ as Market Drops 10%
Crypto traders are feeling the jitters today. The widely-watched Crypto Fear and Greed Index, a market indicator that uses social media posts, volatility, trends and prices to gauge trader sentiment, dropped to a five-month low of 25 in its latest update. That’s a big fall from yesterday’s figure of...
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Korean crypto exchange Upbit hit with 3-month restriction on new user transfers
South Korean crypto exchange Upbit faces a three-month suspension on new user transfers following violations of local regulations. One of the largest Korean crypto exchanges Upbit has been hit with a three-month suspension on new user transfers by the the…...
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Crypto liquidations tally over $1b, why is crypto crashing?
The crypto market is in a state of widespread panic as total crypto liquidations reached over $1.30 billion in the span of 24 hours. Traders on X are accusing exchanges of ‘capping’ long liquidations and manipulating the market. According to…...
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Hunting for the next SPX6900? Analysts say Catzilla could deliver 12,000% returns
Catzilla is the latest meme coin gaining attention, with a presale structure that could offer significant returns as it progresses through 14 stages. #partnercontent...
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Ethena’s ENA to be listed on Bithumb’s KRW market today
Bithumb, one of South Korea’s leading crypto exchanges, is set to add Ethena to its Korean Won market today. According to Bithumb’s official announcement, trading for Ethena (ENA) will begin at 6:00 PM KST on Tuesday, Feb. 25, 2025. Deposits…...
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