This evening’s crypto market landscape is being shaken by Donald Trump’s fresh salvo in the tariff war, which sent both traditional equities and digital assets into full retreat. Bitcoin nosedived below $120,000 in the aftermath of the President’s 100% China tariff announcement, catalyzing ... ... Read full 🔴😞 CryptMarket Analysis — 12-10-21
Binance’s ecosystem token BNB reached a new all-time high on Monday, outperforming the wider cryptocurrency market, which is still recovering from $19 billion in liquidations over the weekend.The BNB token rose to a new all-time high of $1,370 on Monday, according to CoinMarketCap data, rebounding …
Opinion by: Lynn Nguyen, CEO of SarosDecentralized exchanges (DEXs) on Solana have been topping trading volume charts for a while now, outperforming those on peer chains like Ethereum, Base and BSC.Memecoins have been largely responsible for this surge in volume. While they have proven product-marke…
Key takeaways:XRP rebounded 66% from $2.58 lows, adding $75 billion to its market cap amid a 35% volume surge and strong long positions.Oversold weekly Stoch RSI signals a potential bullish reversal.The XRP price must overcome resistance at $2.70-$2.96 before the next leg up.XRP dipped below the $2…
A combination of factors converged into a perfect storm on Friday, triggering the cryptocurrency industry’s largest liquidation event in history and briefly sending Bitcoin below $110,000.The $19 billion in liquidations doesn’t mean investors lost that sum of money, but rather that leveraged positi…
By George GloverCrypto stocks wobbled after early gains as President Donald Trump struck a more conciliatory tone when discussing potential U.S. tariffs on China.Both Coinbase Global and Strategy, formerly known as MicroStrategy, gained ground in premarket trading, but then lost steam. Shares of the…
Today in crypto, following a massive crypto crash over the weekend, Hyperliquid CEO Jeff Yan and data platform CoinGlass warned that the liquidation reporting method used by centralized exchanges, such as Binance, may undercount actual liquidations, the US government entered its third week of shutdo…
A huge crypto derivatives speculator that recently made $192 million betting on the crypto market with a curiously timed short has opened up more bearish positions. The whale trader (0xb317) on the Hyperliquid decentralized derivatives exchange has opened a $163 million leveraged perpetual contract …
The Trump-China drama may have been perfectly timed because Donald Trump struck a calm, almost rehearsed tone after Friday’s sudden market crash, before TradFi markets open on Monday.Crypto is often caught holding the ball as President Trump’s market-moving announcements tend to come on Friday, almo…
Binance announced Sunday that it had allocated about $283 million in compensation to users affected by market volatility and technical issues that occurred on Friday.The compensation primarily covered losses tied to de-pegged assets, including USDE, BNSOL, and WBETH.Binance said that between 20:50 a…
Trade tensions between the US and China appear to be softening, as representatives from both governments issued statements on Sunday that signaled a willingness to resume trade negotiations, giving analysts hope of a market rebound.In a translated statement, China’s Ministry of Commerce said it is “…
According to the crypto analyst, President Trump triggered the latest crypto crash that wiped out more than $18B through liquidations in the derivatives market.