Liquidations surpass $200M in 1 hour after SEC’s Binance lawsuit

The U.S. Securities and Exchange’s (SEC) lawsuit against Binance wiped off over $200 million within one hour from crypto traders who held positions on the market. Following the news, CryptoSlate’s data showed that the total market cap of digital assets declined 2.87% to $1.12 trillion. Nearly $300M in the last 24 hours The crypto market…

Bitcoin climbs past $30k, Ethereum approaches $2k

What is CryptoSlate Alpha? CryptoSlate Alpha is a membership designed to empower you with cutting-edge insights and knowledge, built on top of Access Protocol. More about CryptoSlate Alpha › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. You Need More ACS It looks…

Dormant Bitfinex whales cash out 12K BTC

Ad Bitcoin (BTC) whales holding long BTC positions on Bitfinex suddenly cashed out on March 25 at around 13:00 UTC, according to data from Datamish. These wallets have been dormant since June 2022, and their aggregate value sits at 12,000 BTC, as the data indicates. This movement represents a small segment of investors who are…

Bitcoin breaks below $26.7K; liquidations rise over $230M in 24hrs

Ad Bitcoin reached a new year-to-date high of $28,865 prior to the FOMC meeting this afternoon. However, it then proceeded to lose both the $28,000 and $27,000 psychological support falling 7.2% in two hours. Over $224 million has been liquidated from the crypto markets over the past 24 hours, with $170 million in the past…

Bitcoin surges 10% hitting 9-month high

The recent surge of Bitcoin above a resistance level that dates back to August 2022 has strengthened the possibility of a continued rally, with $28,000 now in view. Bitcoin Breaks Major Resistance Level and Sets Sights on $28K Bitcoin’s upward momentum shows no signs of slowing down as the top cryptocurrency surged past a key…

Bitcoin breaks $25k once again as bullish momentum gains

Ad Bitcoin has broken above $25,000 on Binance for the third time in three days, defying broader market trends and continuing its bullish run into 2023.” Bitcoin reached a local high of $2,050 over the weekend before retracing slightly to $24,880, following a gain of 7.28% since Friday’s low of $23,332. Source: Trading View The core…

Decentralized storage protocol Filecoin leads top 100 on 27% jump in price

Ad Filecoin (FIL) jumped 27% over the last 24 hours to $6.857 at the time of press, leading the top 100 coins by market cap. A volatile 24 hours has seen large caps experience a minor sell-off, losing momentum, following Bitcoin recording a YTD high of $25,260 around 16:00 (GMT)on Feb. 16. Nonetheless, standout performances…

Bitcoin briefly soars beyond $25k; $232M in shorts liquidated

Ad Bitcoin’s (BTC) price soared beyond $25,000 for the first time since June 2022 — peaking at $25,104, according to CryptoSlate’s data. The flagship digital asset has retraced to $24,816 at the time of writing. BTC  started the year strong when it gained around 39% in January. At the time, BTC soared from around $16,000…

Fantom price pumps despite $260M FTM whale selloff

Ad Layer1 (L1) blockchain network Fantom (FTM) rose by 10% in the last 24 hours to $0.51 as of press time, according to CryptoSlate’s data. FTM is one of the best-performing digital assets in the current year — rising by more than 200% to as high as $0.65 as of Feb. 3, from a low…

BLUR plummets 84% following 360M token airdrop

Ad NFT marketplace Blur saw its native BLUR token fall to $0.78 from a high of $5 — recording a sharp decline of over 84% — shortly after its airdrop distribution went live. BLUR airdrop and tokenomics Since the NFT marketplace launched roughly four months ago, it has onboarded about 146,823 unique users who traded…