$9.4B in Liquidations over 24 Hours Triggers ‘2021 Type Situation for Altcoins’
There may be no crying in the casino. But on days like these, you’d be forgiven for shedding a tear. With $9.4 billion liquidated in a single day in the crypto market, the flash crash comes just in time to punch the late-coming retail crowd in the face. In a single 24-hour span, crypto traders […] The post $9.4B in liquidations over 24 Hours triggers ‘2021 type situation for altcoins’ appeared first on CryptoSlate.
How Tether’s $127B in US Treasuries Will Hit Top-5 Foreign Holders by 2033
Tether’s accumulation of United States Treasuries puts the stablecoin issuer on a path to enter the top five foreign holders by 2033 under a realistic acceleration case, based on current balances, stated purchase activity, and the moving threshold set by...
If the Debasement Trade Would Catapult Bitcoin, Why Is the Market Down?
Bitcoin traded at $117,729.81 as of press time, struggling to extend gains from its $126,000 all-time high as short-term positioning dynamics and risk-off flows dominated the medium-term debasement thesis. The debasement trade thesis gained popularity after JPMorgan published a report...