Category: Markets

Weekend market tumult triggers record number of crypto futures liquidations

This weekend’s market turmoil resulted in the triggering of roughly 864,000 crypto futures liquidations, a new single-day record according to data collected by The Block. As shown in the chart below, about 70 percent of those liquidations — some 613,000 — occurred on crypto exchange Binance. In total, $8.46 billion in long liquidations occurred on […]

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Aggregated open interest of Ethereum options reaches all time high 

Aggregated open interest of Ethereum options reached record highs on Thursday, according to data compiled by The Block Research.  The high sits at $3.57 billion, with Deribit constituting $3.39 billion (95%) of the total and the remainder from OKEx.  In all, the aggregated open interest of Ethereum options rose 393% this year from $755 million […]

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Dogecoin mania leads to Robinhood crypto order failures

A surge in popularity for Dogecoin was behind a temporary shutdown of Robinhood’s crypto trading platform on Thursday night. The cryptocurrency, a fork of Litecoin that was created as a joke and is named after a popular meme featuring a Shiba Inu, has witnessed significant price increases over the last few days. According to a […]

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Dogecoin Markets Soar as Token Nears a Half Dollar, DOGE Price Climbs 18,299% in 12 Months

The popular meme-based crypto-asset dogecoin has seen phenomenal gains during the last few days. On August 16, 2021, the digital currency featuring the likeness of the Shiba Inu dog tapped an all-time high at $0.44 per token. However, the cost to send a transaction in dogecoin has jumped to that price as well on Friday. […]

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Crypto Markets Lose Hot Air, DOGE and BCH Skyrocket, 46% Chance ETH Hits $2,600 by May

Digital currency markets have seen some slight losses on Friday morning, as a great number of cryptocurrencies saw significant gains the day prior. Bitcoin dropped to a low of $60,042 during the early morning trading sessions shedding 3% during the last 24 hours. Crypto Markets Shed Some Value After Heating Up the Day Prior Bitcoin […]

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DOGE Taps a Lifetime Price High, Mark Cuban Says Dallas Mavs Shop Won’t Sell Its Dogecoin

This week a number of digital assets saw significant gains, but the meme-themed digital asset dogecoin has seen a significant rise during the last 48 hours. Dogecoin tapped a high of $0.143 per unit on Wednesday and has spiked more than 104% during the last week. Meanwhile, the billionaire investor and television personality, Mark Cuban, […]

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NYSE releases collection of NFTs commemorating notable IPOs

The New York Stock Exchange (NYSE) has minted its first collection of non-fungible tokens (NFTs).  The six NFTs, referred to as “First Trades,” commemorate noteworthy listings in the past, with each token representing the exact moment a company became public.  Traditionally, when a company carries out its initial public offering (IPO), its CEO will strike […]

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Bitcoin Price Jumps Over the $60K Zone, Crypto Economy’s Market Cap Climbs Above $2 Trillion

Cryptocurrency markets have gathered fresh gains this weekend, as bitcoin’s value spiked above the $60k handle touching $61,222 per unit during the early morning trading sessions on Saturday (EST). Moreover, a number of digital assets saw price jumps as well, as the entire market capitalization of all 9,190 crypto-assets in existence is over $2 trillion […]

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Bitcoin ATM operator Coinme enters Florida via Coinstar partnership after obtaining regulatory approval

Coinme, the second-largest bitcoin ATM operator in the United States, has obtained the proper licensure to offer its services in Florida, according to a company statement. The company will now place 300 machines in grocery stores across the state through its partnership with Coinstar, the physical kiosk manufacturer.  While Bitcoin ATM operators are federally regulated through […]

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