Bitcoin, Ether, Dogecoin Surge Spurs $500M in Short Liquidations
Futures bets against higher crypto prices lost over $500 million in the past 24 hours as a surge higher, buoyed by a possible cooldown of China tariffs by the U.S., led to the largest short liquidations since October. Bitcoin (BTC) rose from Tuesday’s low of $88,000 to above $93,500...
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$600M liquidated from crypto market as Bitcoin crosses $93K amid cooling trade war concerns
For the first time in seven weeks, Bitcoin has surpassed $93,000, triggering a sentiment shift that resulted in more than $600 million in crypto market liquidations. As of press time, Bitcoin (BTC) is trading at $93,069, up 5% in the…...
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Forbes Features LBank: Driving Global Crypto Adoption Through Memecoins and Infrastructure
[PRESS RELEASE – Singapore, Singapore, April 23rd, 2025] LBank(lbank.com), a leading global cryptocurrency exchange, has been prominently featured in Forbes’ latest coverage for its role in bridging financial divides and fostering inclusive growth through innovative crypto solutions. This recognition underscores LBank’s commitment to empowering underserved industries and individuals with...
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XRP, ADA, DOGE Prices Breaking Out: Here Are The Next Targets
TL;DR Two of the three mentioned altcoins posted double-digit price surges over the past day, but one analyst set even higher targets for the short term. XRP, which is up by a more modest 7.5% daily, could see another 20% increase, which could drive it to $2.7. What’s In...
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Comparing The XRP Open Interest To November 2024, Is A 600% Rally Still Possible?
The XRP open interest right now could be a good pointer for where the price could be headed next, as it has in the past. Looking at the open interest today in comparison to the figures from 2024 before the rally, it remains quite high. Going by historical performance,...
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Crypto Market Cap Tops $3T in 6-Week High as Altcoins Catch Up
Total market capitalization topped $3 trillion for the first time since early March as altcoins followed their big brother Bitcoin in recovery. It is the first time total cap has been over $3 trillion since March 7, and could be a sign of a sustained recovery as more than...
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U.S. Commerce Secretary Lutnick’s Son Teams Up with Tether, SoftBank for $3B Bitcoin SPAC: FT
Brandon Lutnick, son of U.S. Commerce Secretary Howard Lutnick and chair of Cantor Fitzgerald, is launching a listed bitcoin investment vehicle backed by SoftBank, Tether, and Bitfinex, the Financial Times first reported. The SPAC, dubbed Cantor Equity Partners, raised $200 million in January and will help form a new...
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Recession Odds Upped By IMF To 40%, But Polymarket Traders See Less Likelihood As Stocks, Bitcoin Rally
Polymarket punters lowered the odds of a U.S. recession in 2025 on Tuesday, even as the International Monetary Fund acknowledged that the risk of a slump has risen substantially. What happened: The odds in favor of the betting contract titled “US recession in 2025?” dipped 57% to 53% in...
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Cantor Fitzgerald partners with SoftBank, Tether and Bitfinex on a new $3B Bitcoin venture
Cantor Fitzgerald is teaming up with crypto heavyweights Tether, Bitfinex, and SoftBank on a $3 billion Bitcoin investment vehicle. According to an Apr. 22 report by Financial Times, the group plans to form a new publicly traded firm called 21…...
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Chiliz meets SEC Crypto Task Force to discuss re-entry into the U.S. market
Sports-focused crypto platform Chiliz has met with the U.S. Securities and Exchange Commission to discuss a potential re-entry into the U.S. market ahead of the 2026 FIFA World Cup. According to a SEC log published on the agency’s website, Chiliz…...
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