Analyst ‘Reflection’ warned of a brutal Bitcoin liquidation cascade beneath $59,000, claiming over $1.6 billion in lengthy leverage is stacked in a single zone round $58,000 primarily based on CoinGlass knowledge. “In all my years buying and selling, I’ve by no means seen this a lot long-side liquidity stacked in a single single zone,” they…
Nearly seven out of each 10 tokens launched on the Solana-based meme coin launchpad, Pump.enjoyable, since January 2024, stopped buying and selling on the identical day they had been created, in line with a brand new evaluation by CoinGecko. The research examined greater than 18.67 million tokens launched on the platform, excluding solely those who…
Bitcoin community exercise stays near file highs, in accordance with CryptoQuant’s Bitcoin Network Activity Index, regardless that the cryptocurrency remains to be buying and selling beneath its all-time high. The index tracks metrics such as lively addresses, transaction volumes, unspent transaction outputs (UTXOs), and demand for block house to measure precise exercise on the community….
Cryptocurrency mining profitability stays beneath stress throughout main proof-of-work networks, in response to new information shared by Alphractal, which reveals the sector is experiencing stagnation and lowered returns. The analytics platform stated that whereas miners proceed to play an necessary function in sustaining community safety and decentralization, the information means that profitability stays tough throughout…
Bitcoin can’t catch a break nowadays as the rejection from $67,200 originally of the earlier week continues to hang-out it and push it south. In alignment with Strategy’s inventory value, the first cryptocurrency has plummeted beneath the essential help at $60,000. Source: TradingView It was simply over every week in the past that the general…
The world’s largest crypto alternate has not too long ago confronted vital regulatory challenges that would in the end power it to cease serving shoppers within the European Union. Earlier this month, Reuters reported that the corporate’s utility by Greece’s Hellenic Capital Market Commission (HCMC) is predicted to fall quick: a improvement which will strip…
Meta is reportedly growing a prediction markets app that it’s calling Arena, which might enable customers to put bets on real-world outcomes with factors slightly than precise cash. The app can be separate from Facebook, Instagram, WhatsApp and Messenger, the New York Times says, and Meta plans to develop it by channeling its current social…
Strobe Finance, the one native decentralized lending protocol on the XRP Ledger’s EVM Sidechain, has introduced that it’s winding down and has given customers till July 13 to repay their loans. The customers even have till July 20 to withdraw their deposits earlier than the entrance finish closes completely. That shutdown will depart the XRPL…
Cboe Global Markets has launched its new prediction markets platform, Cboe Predicts, as the corporate enters the prediction buying and selling market with a brand new suite of securities-based merchandise. The new providing consists of binary possibility contracts tied to the Mini-S&P 500 Index, buying and selling beneath the symbols XSPBW and XSPBX, that are…
Strategy’s perpetual most popular inventory Stretch (STRC) is below severe monetary stress because of two simultaneous pressures, reported onchain analytics agency CryptoQuant on Tuesday. The Bitcoin bear market implies that all BTC bought between 2024 and 2026 is underwater, with $10.6 billion in unrealized losses, and money reserves are depleted, down 38% since early 2026…