Author: e_cash_top
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Liquidation heatmap shows volatility ahead as Bitcoin drops to $57k
[ad_1] Monitoring liquidation levels is crucial during periods of price volatility, as they indicate where significant price movements can occur due to forced sell-offs or buy-ins. Tools like Coinglass’s liquidation heatmap are invaluable as they visually represent where the market holds large amounts of leveraged positions, identifying potential price points where forced liquidations will occur…
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Bitcoin ETFs endure outflows, totaling $635 million over five trading days
[ad_1] Quick Take Farside data shows that Bitcoin (BTC) exchange-traded funds (ETFs) experienced another outflow of $161.6 million on April 30. Currently, BTC ETFs are seeing a joint record stretch of outflows, with investors pulling money for the fifth consecutive trading day on April 30. Over this five-day period, the total outflow has reached a…
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Bitcoin faces potential miner capitulation as hash rate continues to drop
[ad_1] Quick Take CryptoSlate’s analysis sheds light on the anticipated hash rate adjustment, with historical trends indicating a potential 20% decrease post-halving. Past cycles reflect significant hash rate corrections: 39% in 2012, 11% in 2016, and 26% in 2020. As of 2024, we’ve observed a 6% decline so far, taking the hash rate from 649…
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Restrictive OTC regulations for institutions amid Hong Kong ETF launch
[ad_1] Hong Kong has emerged as a key player in the race to become Asia’s premier crypto hub, as it launched the region’s first spot crypto ETFs on April 30 with a day-one inflow of over $130 million across Bitcoin and Ethereum. To gain deeper insight into the implications of this milestone and Hong Kong’s…
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Bitcoin begins May with plunge to two-month low as crypto market sees widespread losses
[ad_1] The crypto market started the new month of May in red, with Bitcoin’s price plunging to a two-month low of under $56,500. This decline extends the downtrend from April, marking Bitcoin’smost challengingt month since the November 2022 crash triggered by the collapse of the FTX exchange. Red market According to CryptoSlate’s data, Bitcoin’s price…
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Google US market share drops below 80%, lowest since 2009 as Bing AI usage spikes
[ad_1] According to the latest data from web analytics firm StatCounter, Google’s share of the North American search market has fallen to its lowest point since 2009, with Bing and Yahoo making notable gains. As of April 2024, Google’s share is 79.89%, while Bing and Yahoo have captured 11.86% and 6.33% of the market, respectively.…
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The Bybit Exchange Broker Program Your Gateway to Crypto Success
Cryptocurrency trading has gained immense popularity in recent years, and many individuals are looking to capitalize on this booming market. If you aspire to become a successful crypto trader, the Bybit Exchange Broker Program offers you a gateway to crypto success. In this article, we will explore how the Bybit Exchange Broker Program can help…
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Crypto scams hit historic low in April, plummeting 141%
[ad_1] Crypto-related exploits and scams plummeted 141% in April compared to the previous month, reaching a historic low of $25.7 million, according to blockchain security firm CertiK. A breakdown of the incidents showed that the bulk of the losses, totaling $21 million, stemmed from exploits targeting blockchain protocols. Additionally, users suffered losses of $4.3 million…
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Master the Crypto Markets: Trade Like a Pro with Insider Techniques!
The cryptocurrency market presents a wealth of opportunities for traders, but navigating this dynamic landscape requires more than just basic knowledge. To truly excel in the crypto markets, you need insider techniques and strategies that give you an edge. In this article, we will explore how you can master the crypto markets and trade like…
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Bitcoin falls below $57k as $13 billion in leveraged shorts placed on major exchanges
[ad_1] Since February, Bitcoin has fallen to its lowest price, breaking below $60,000 and hitting $56,900 as of press time. The price is now 23% below its recent pre-halving all-time high of $73,000. Bitcoin price November to May (TradingView) Data from Coinglass shows that Binance, the most liquid exchange for Bitcoin trading, has several buy…