Crypto traders betting on a rally lose $563 million in liquidations. Ether and bitcoin suffer the most
Ether and bitcoin led liquidations, as their prices dropped on macroeconomic concerns.
Bitcoin
XRP beat bitcoin gains as CLARITY Act advanced, but a real bullrun still needs Congress
The token jumped 5% after a Senate committee moved the market-structure bill forward, reviving hopes that legal clarity can pull deeper institutional money into XRP products.
Bhutan ‘doesn’t recall’ selling any bitcoin, disputing widely-tracked $1 billion BTC drawdown
Arkham Intelligence data shows that over $1 billion in bitcoin has left wallets attributed to Bhutan in the past year, flowing to exchanges and trading firms. The country says it has not sold any.
Bitcoin hits $82,000, Coinbase leads crypto stock gains as Clarity Act advances
The upbeat public debut of AI chipmaker Cerebras is also helping to lift both crypto and traditional markets.
XRP traders target $1.5 as Ripple-linked token tops bitcoin (BTC) volumes in Korea
XRP is back at the top of South Korean trading screens. The token’s won pair was the most traded market on Upbit over the past 24 hours, with about $110.9 million in volume, ahead of bitcoin’s $88.6 million and ether’s $67 million, CoinGecko data shows.… Read More
A sports betting ETF bitcoin traders may want to watch
Alternative investment vehicles such as exchange-traded funds (ETFs), led by BlackRock’s IBIT, hold sway over bitcoin’s price. That is well known by now. But another ETF from the betting world has been moving in lockstep with bitcoin’s BTC$80,984.66 cycles since 2020, with an interesting pattern… Read More