‘Secret’ Crypto Asset Far Outperforms Bitcoin and Ethereum, Surpassing $1,000,000,000 Market Cap With Massive 7-Day Rally
An altcoin project focused squarely on secrecy just shot into the top 100 crypto assets by market cap.
The cryptocurrency called Secret (SCRT) is up 97% in the last seven days according to CoinGecko, jumping from about $4.50 to its current price of $8.87 at time of publishing.
SCRT’s rapid rise far outpaces Bitcoin (BTC) and Ethereum (ETH) in the same time frame, which have risen about 1% and 11% respectively.
Source: CoinGeckoThe altcoin’s market cap has exploded to $1,310,576,878 at time of writing.
Secret, formerly known as Enigma, initially aimed to bring privacy features to smart contract platforms like Ethereum.
An altcoin project focused squarely on secrecy just shot into the top 100 crypto assets by market cap.
The cryptocurrency called Secret (SCRT) is up 97% in the last seven days according to CoinGecko, jumping from about $4.50 to its current price of $8.87 at time of publishing.
SCRT’s rapid rise far outpaces Bitcoin (BTC) and Ethereum (ETH) in the same time frame, which have risen about 1% and 11% respectively.
Source: CoinGeckoThe altcoin’s market cap has exploded to $1,310,576,878 at time of writing.
Secret, formerly known as Enigma, initially aimed to bring privacy features to smart contract platforms like Ethereum.
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Paradigm Launches $2.5 Billion Venture Fund to Invest in Next Generation of Crypto Companies and Protocols
Investment firm Paradigm has launched a $2.5 billion venture fund to invest in the next generation of crypto companies and protocols. The firm believes that the “new fund and its size are reflective of crypto being the most exciting frontier in technology.”
$2.5 Billion Fund for Crypto IndustryInvestment firm Paradigm announced Monday the launch of a $2.5 billion venture fund to invest in the next generation of crypto companies and protocols. Matt Huang and Fred Ehrsam, who co-founded Paradigm in 2018, explained:
Our conviction in these beliefs has only strengthened over the past three years, and we are pleased to announce a new $2.5 billion venture fund to continue investing in the next generation of crypto companies and protocols.
Investment firm Paradigm has launched a $2.5 billion venture fund to invest in the next generation of crypto companies and protocols. The firm believes that the “new fund and its size are reflective of crypto being the most exciting frontier in technology.”
$2.5 Billion Fund for Crypto IndustryInvestment firm Paradigm announced Monday the launch of a $2.5 billion venture fund to invest in the next generation of crypto companies and protocols. Matt Huang and Fred Ehrsam, who co-founded Paradigm in 2018, explained:
Our conviction in these beliefs has only strengthened over the past three years, and we are pleased to announce a new $2.5 billion venture fund to continue investing in the next generation of crypto companies and protocols.
US Senator Says Defi Is the Most Dangerous Part of Crypto – Urges Regulators to Clamp Down Before It’s Too Late
U.S. Senator Elizabeth Warren has called on regulators to clamp down on decentralized finance (defi) and stablecoins “before it’s too late.” She said: “Defi is the most dangerous part of the crypto world … it’s where the scammers, the cheats, and the swindlers mix among the part-time investors and first-time crypto traders.”
US Senator Urges Regulators to Clamp Down on Defi and StablecoinsDuring a hearing of the Senate Banking, Housing, and Urban Affairs Committee Wednesday, U.S. Senator Elizabeth Warren (D-Mass.) called on regulators to “clamp down” on stablecoins and decentralized finance (defi) platforms “before it is too late.”She brought up stablecoins tether (USDT) and usd coin (USDC). In response to Senator Warren, Alexis Goldstein, director of financial policy at Open Markets Institute, explained that stablecoins “may not always be backed one-to-one … as the assets backing those tokens are often not real dollars.”Warren pointed out that based on Tether’s own report, “only about 10% of the assets backing its stablecoin are real dollars in the bank. 90% is something else — not real dollars.” In addition, she stressed that the report “is not actually verified by a comprehensive audited financial statement or verified by any government regulator.”While noting that “stablecoins are not always stable,” Warren described: “It’s worse than that. In troubled economic times people are most likely to cash out of risky financial products and move into real dollars. Stablecoins will take a nosedive precisely when people most need stability, and that run-on-the-bank mentality could ultimately crash our whole economy.” The senator detailed:
Defi is the most dangerous part of the crypto world. This is where the regulation is effectively absent and — no surprise — it’s where the scammers, the cheats and the swindlers mix among the part-time investors and first-time cryptotraders. Shoot, in Defi someone can’t even tell if they are dealing with a terrorist.
U.S. Senator Elizabeth Warren has called on regulators to clamp down on decentralized finance (defi) and stablecoins “before it’s too late.” She said: “Defi is the most dangerous part of the crypto world … it’s where the scammers, the cheats, and the swindlers mix among the part-time investors and first-time crypto traders.”
US Senator Urges Regulators to Clamp Down on Defi and StablecoinsDuring a hearing of the Senate Banking, Housing, and Urban Affairs Committee Wednesday, U.S. Senator Elizabeth Warren (D-Mass.) called on regulators to “clamp down” on stablecoins and decentralized finance (defi) platforms “before it is too late.”She brought up stablecoins tether (USDT) and usd coin (USDC). In response to Senator Warren, Alexis Goldstein, director of financial policy at Open Markets Institute, explained that stablecoins “may not always be backed one-to-one … as the assets backing those tokens are often not real dollars.”Warren pointed out that based on Tether’s own report, “only about 10% of the assets backing its stablecoin are real dollars in the bank. 90% is something else — not real dollars.” In addition, she stressed that the report “is not actually verified by a comprehensive audited financial statement or verified by any government regulator.”While noting that “stablecoins are not always stable,” Warren described: “It’s worse than that. In troubled economic times people are most likely to cash out of risky financial products and move into real dollars. Stablecoins will take a nosedive precisely when people most need stability, and that run-on-the-bank mentality could ultimately crash our whole economy.” The senator detailed:
Defi is the most dangerous part of the crypto world. This is where the regulation is effectively absent and — no surprise — it’s where the scammers, the cheats and the swindlers mix among the part-time investors and first-time cryptotraders. Shoot, in Defi someone can’t even tell if they are dealing with a terrorist.
Rio de Janeiro Will Add BTC to Its Balance Sheet
Rio de Janeiro – a popular tourist destination in the South American country of Brazil – is looking to become the nation’s biggest crypto hot spot. The city has already laid out plans to begin purchasing bitcoin and add the digital currency to its balance sheet.
Rio de Janeiro Wants to Be a Major Crypto HavenEduardo Paes – the mayor of Rio de Janeiro – explained in a statement that he is currently organizing a committee that will study ways to potentially incentivize crypto use within the city to boost the economy. Among the methods the committee has already discussed include paying taxes with BTC.
Late last week, Paes spoke at an event called Rio Innovation to highlight his plans for turning the city into the world’s newest digital currency and technology center. Also participating in the event was Francis Suarez, the mayor of Miami, Florida. Suarez has also been known for being rather positive towards bitcoin, claiming he was interested in garnering his salary in bitcoin. He has also worked to establish a new digital token for the city known as Miami Coin.
Rio de Janeiro – a popular tourist destination in the South American country of Brazil – is looking to become the nation’s biggest crypto hot spot. The city has already laid out plans to begin purchasing bitcoin and add the digital currency to its balance sheet.
Rio de Janeiro Wants to Be a Major Crypto HavenEduardo Paes – the mayor of Rio de Janeiro – explained in a statement that he is currently organizing a committee that will study ways to potentially incentivize crypto use within the city to boost the economy. Among the methods the committee has already discussed include paying taxes with BTC.
Late last week, Paes spoke at an event called Rio Innovation to highlight his plans for turning the city into the world’s newest digital currency and technology center. Also participating in the event was Francis Suarez, the mayor of Miami, Florida. Suarez has also been known for being rather positive towards bitcoin, claiming he was interested in garnering his salary in bitcoin. He has also worked to establish a new digital token for the city known as Miami Coin.
Coinbase Awards $250,000 to Hacker Who Exposed Security Vulnerability
Leading US crypto exchange Coinbase is awarding a white hat hacker hundreds of thousands of dollars for finding and exposing a security vulnerability.
Last week, a pseudonymous researcher by the name of Tree of Alpha took to Twitter to ask their 19,500 subscribers if anyone could get them in contact with Coinbase developers to disseminate an urgent HackerOne report.
Tree of Alpha said they had found a potentially “market-nuking” bug within the Coinbase trading platform. Ultimately, the hacker was able to get in touch with Coinbase and help resolve the issue.
Leading US crypto exchange Coinbase is awarding a white hat hacker hundreds of thousands of dollars for finding and exposing a security vulnerability.
Last week, a pseudonymous researcher by the name of Tree of Alpha took to Twitter to ask their 19,500 subscribers if anyone could get them in contact with Coinbase developers to disseminate an urgent HackerOne report.
Tree of Alpha said they had found a potentially “market-nuking” bug within the Coinbase trading platform. Ultimately, the hacker was able to get in touch with Coinbase and help resolve the issue.
Can Meme Stocks Recapture the Spirit of 2021 To Generate Big Investor Returns?
It may have only been last year, but 2021’s meme stock frenzy feels as though it’s a lifetime ago. The buoyant investing landscape saw an influx of retail investors aiming to leverage some healthy profits for themselves. Today, as confounding factors like inflation, geopolitical tensions and the pandemic impact markets, much of the furor that punctuated the past 12 months has dissipated.
Whether it was underperforming nostalgia stocks like GameStop, AMC Entertainment or BlackBerry, or joke-based cryptocurrencies like Dogecoin, meme stocks were all the rage last year, but many memes have found themselves struggling as widespread sell-offs spook more casual investors.
It may have only been last year, but 2021’s meme stock frenzy feels as though it’s a lifetime ago. The buoyant investing landscape saw an influx of retail investors aiming to leverage some healthy profits for themselves. Today, as confounding factors like inflation, geopolitical tensions and the pandemic impact markets, much of the furor that punctuated the past 12 months has dissipated.
Whether it was underperforming nostalgia stocks like GameStop, AMC Entertainment or BlackBerry, or joke-based cryptocurrencies like Dogecoin, meme stocks were all the rage last year, but many memes have found themselves struggling as widespread sell-offs spook more casual investors.
Venture Capital Founder Believes Regulations Are Generally Good For Crypto
The founder and CEO of Future Perfect Ventures, Jalak Jobanputra, has said that regulations are good for the crypto industry. Her statement comes not too long after US Treasury Secretary Janet Yellen’s speech on cryptocurrencies.
Jobanputra Is Pro Crypto RegulationsWhile speaking with Yahoo Finance Live, founder and CEO of venture capital firm Future Perfect Ventures, Jalak Jobanputra expressed her belief that regulations signify that governments have recognized the crypto industry as legitimate. According to the executive, regulations are necessary for the industry to grow.
“So I always believed that there would be regulation when this sector in the industry grew to the point where there were a lot of users. And so I believe it’s a net positive,” said Jobanputra, adding, ” I mean, there are those in the sector that don’t want to see any sort of regulation. But in order for the sector to grow, I think we are going to have to be regulated, and it’s important that the regulators understand what this technology is about.”
The founder and CEO of Future Perfect Ventures, Jalak Jobanputra, has said that regulations are good for the crypto industry. Her statement comes not too long after US Treasury Secretary Janet Yellen’s speech on cryptocurrencies.
Jobanputra Is Pro Crypto RegulationsWhile speaking with Yahoo Finance Live, founder and CEO of venture capital firm Future Perfect Ventures, Jalak Jobanputra expressed her belief that regulations signify that governments have recognized the crypto industry as legitimate. According to the executive, regulations are necessary for the industry to grow.
“So I always believed that there would be regulation when this sector in the industry grew to the point where there were a lot of users. And so I believe it’s a net positive,” said Jobanputra, adding, ” I mean, there are those in the sector that don’t want to see any sort of regulation. But in order for the sector to grow, I think we are going to have to be regulated, and it’s important that the regulators understand what this technology is about.”
Haechi (HAC) Is Now Available for Trading on LBank Exchange
INTERNET CITY, DUBAI, May. 17, 2022 – LBank Exchange, a global digital asset trading platform, has listed Haechi (HAC) on May 17, 2022. For all users of LBank Exchange, the HAC/USDT trading pair is now officially available for trading.
As a global payment platform, Haechi (HAC) utilizes the cryptocurrency to enable users to pay, compensate, and transact between existing and developing services, with features including HAC Wallet and H.PAY. Its native token HAC has been listed on LBank Exchange at 16:00 (UTC+8) on May 17, 2022, to further expand its global reach and help it achieve its vision.
INTERNET CITY, DUBAI, May. 17, 2022 – LBank Exchange, a global digital asset trading platform, has listed Haechi (HAC) on May 17, 2022. For all users of LBank Exchange, the HAC/USDT trading pair is now officially available for trading.
As a global payment platform, Haechi (HAC) utilizes the cryptocurrency to enable users to pay, compensate, and transact between existing and developing services, with features including HAC Wallet and H.PAY. Its native token HAC has been listed on LBank Exchange at 16:00 (UTC+8) on May 17, 2022, to further expand its global reach and help it achieve its vision.
Coinweb is one of the most promising projects
Now the price of CWEB token on exchanges Gate.io and Kucoin grows against the market. The project is the killer of DOT and similar services. Now its price is only $0.02, although at the start of trading a few months ago it was worth more than $0.2. Analysts agree that the token could be worth more than $0.5 by the fall, and will reach $1 in 2023.
Now the price of CWEB token on exchanges Gate.io and Kucoin grows against the market. The project is the killer of DOT and similar services. Now its price is only $0.02, although at the start of trading a few months ago it was worth more than $0.2. Analysts agree that the token could be worth more than $0.5 by the fall, and will reach $1 in 2023.
The account of the user that owns this channel has been inactive for the last 11 months. If it remains inactive in the next 29 days, that account will self-destruct and this channel may no longer have an owner.
The account of the user that owns this channel has been inactive for the last 11 months. If it remains inactive in the next 19 days, that account will self-destruct and this channel may no longer have an owner.
Huobi Launches Blockchain and Web3 Investment Arm Ivy Blocks
Huobi, a leading cryptocurrency exchange, has announced the creation of a new investment arm to tackle decentralized finance and Web3 projects. Ivy Blocks, as it was named by the exchange, will focus on finding projects in seed stages to aid them via financing and other supporting services with the objective of making a “better, more inclusive” Web3 ecosystem.
Huobi Enters the Web3 Investing Scene With Ivy BlocksWeb3 has become a thriving nascent industry with lots of crypto exchanges and VC firms joining the trend. Huobi, a top ten cryptocurrency exchange in volume traded, has announced the launch of its own investment arm to tackle these new markets. Ivy Blocks, as the exchange has named it, will have the task of identifying potentially successful Web3 and decentralized finance projects to incubate and nurture.
According to a PR statement issued by the company, Ivy Blocks will have a multi-billion dollar war chest to complete its goal, something that makes it “well-placed to take advantage of unique opportunities in cryptocurrency markets globally.” To support these projects, ideally, in their seed or growing stages, Ivy blocks will launch three core services.
These services include an asset management platform for decentralized finance (defi) projects, an innovation-led incubation division, and a more research-driven crypto platform. All of these services will be available to the companies under the wing of Ivy Blocks.
Financing PowerFinancing is a key part of the support that an investment company offers its portfolio companies. Ivy Blocks’ operation is simple and it seeks to offer this economic support to startups, which commonly fail due to finance-related issues. On the relation that the new company will have with its portfolio projects, Huobi CFO Lily Zhang stated:
Many promising projects tend to encounter liquidity constraints and a lack of go-to-market support, which present significant barriers to growth. Our focus on providing such projects with liquidity investments and incubation services will no doubt contribute towards creating a better, more inclusive defi and Web3 blockchain ecosystem.
Ivy Blocks already has more than 1 billion assets under management (AUM) from a number of companies already incubated. One of them is Capricorn Finance, an automated market maker (AMM) that is built on top of the Cube blockchain.
Other exchanges have also invested in Web3 projects recently. Binance Labs, the investing arm of the exchange, reported that it launched a $500 million fund for Web3 projects on June 3.
Huobi, a leading cryptocurrency exchange, has announced the creation of a new investment arm to tackle decentralized finance and Web3 projects. Ivy Blocks, as it was named by the exchange, will focus on finding projects in seed stages to aid them via financing and other supporting services with the objective of making a “better, more inclusive” Web3 ecosystem.
Huobi Enters the Web3 Investing Scene With Ivy BlocksWeb3 has become a thriving nascent industry with lots of crypto exchanges and VC firms joining the trend. Huobi, a top ten cryptocurrency exchange in volume traded, has announced the launch of its own investment arm to tackle these new markets. Ivy Blocks, as the exchange has named it, will have the task of identifying potentially successful Web3 and decentralized finance projects to incubate and nurture.
According to a PR statement issued by the company, Ivy Blocks will have a multi-billion dollar war chest to complete its goal, something that makes it “well-placed to take advantage of unique opportunities in cryptocurrency markets globally.” To support these projects, ideally, in their seed or growing stages, Ivy blocks will launch three core services.
These services include an asset management platform for decentralized finance (defi) projects, an innovation-led incubation division, and a more research-driven crypto platform. All of these services will be available to the companies under the wing of Ivy Blocks.
Financing PowerFinancing is a key part of the support that an investment company offers its portfolio companies. Ivy Blocks’ operation is simple and it seeks to offer this economic support to startups, which commonly fail due to finance-related issues. On the relation that the new company will have with its portfolio projects, Huobi CFO Lily Zhang stated:
Many promising projects tend to encounter liquidity constraints and a lack of go-to-market support, which present significant barriers to growth. Our focus on providing such projects with liquidity investments and incubation services will no doubt contribute towards creating a better, more inclusive defi and Web3 blockchain ecosystem.
Ivy Blocks already has more than 1 billion assets under management (AUM) from a number of companies already incubated. One of them is Capricorn Finance, an automated market maker (AMM) that is built on top of the Cube blockchain.
Other exchanges have also invested in Web3 projects recently. Binance Labs, the investing arm of the exchange, reported that it launched a $500 million fund for Web3 projects on June 3.
The account of the user that owns this channel has been inactive for the last 11 months. If it remains inactive in the next 9 days, that account will self-destruct and this channel may no longer have an owner.
CFTC Adds 34 Crypto Entities to the RED List
The United States Commodity Futures Trading Commission published a notice on July 14, announcing that it had added 34 unregistered foreign entities to its Registration Deficient List (RED list). Addition to the list does not mean that the CFTC considers the entities to have violated any law. Rather, it serves as a warning to those involved in the ecosystem, effectively telling users to be wary of such matters as potential fraud.
NEWS: The RED List provides information to U.S. customers about unregistered foreign entities acting in a capacity that requires registration with the CFTC. Thirty-four new entities were added to the list today. Learn more at https://t.co/gMw4UGxfyp.
The United States Commodity Futures Trading Commission published a notice on July 14, announcing that it had added 34 unregistered foreign entities to its Registration Deficient List (RED list). Addition to the list does not mean that the CFTC considers the entities to have violated any law. Rather, it serves as a warning to those involved in the ecosystem, effectively telling users to be wary of such matters as potential fraud.
NEWS: The RED List provides information to U.S. customers about unregistered foreign entities acting in a capacity that requires registration with the CFTC. Thirty-four new entities were added to the list today. Learn more at https://t.co/gMw4UGxfyp.
Forwarded from CryptoSoul
Get a free NFT land in the new metauniverse RIGHT NOW!
Friends, last year we were actively working on our metauniverse Crypto Soul World. And now, it's time to announce the imminent launch of this ambitious project! Right now you can buy CSW token on PancakeSwap early presale. In a month this token will be added to centralized exchanges like Kucoin and Huobi, and in December we plan a listing on Binance.
CSW is a metauniverse utility token with which you can buy NFT land and NFT characters in Crypto Soul World universe. Details about the universe itself are still under wraps, but we will be publishing a Lite Paper very soon.
1. Go to https://pancakeswap.finance/swap
2. Find a pair BNB/CSW (CSW contract address: 0xA62106602B7F0ced0101F497F60E5Ad7AAc3DCBE)
3. Swap 10 000 CSW tokens or more and hold it at your wallet until the metauniverse launch.
When the universe is launched, each CSW token holder will receive an NFT plot of land at the rate of 10 000 tokens = 1 NFT! For example, if you buy and hold 50 000 CSW tokens, you will receive 5 NFT when the metauniverse is launched!
Hurry up, only 800,000 tokens are available for sale right now. Max 80 NFT plots will be distributed among all presale participants.
The metauniverse is scheduled to launch on September 1.
Friends, last year we were actively working on our metauniverse Crypto Soul World. And now, it's time to announce the imminent launch of this ambitious project! Right now you can buy CSW token on PancakeSwap early presale. In a month this token will be added to centralized exchanges like Kucoin and Huobi, and in December we plan a listing on Binance.
CSW is a metauniverse utility token with which you can buy NFT land and NFT characters in Crypto Soul World universe. Details about the universe itself are still under wraps, but we will be publishing a Lite Paper very soon.
1. Go to https://pancakeswap.finance/swap
2. Find a pair BNB/CSW (CSW contract address: 0xA62106602B7F0ced0101F497F60E5Ad7AAc3DCBE)
3. Swap 10 000 CSW tokens or more and hold it at your wallet until the metauniverse launch.
When the universe is launched, each CSW token holder will receive an NFT plot of land at the rate of 10 000 tokens = 1 NFT! For example, if you buy and hold 50 000 CSW tokens, you will receive 5 NFT when the metauniverse is launched!
Hurry up, only 800,000 tokens are available for sale right now. Max 80 NFT plots will be distributed among all presale participants.
The metauniverse is scheduled to launch on September 1.
pancakeswap.finance
Exchange | PancakeSwap
Trade, earn, and own crypto on the all-in-one multichain DEX
Forwarded from CryptoSoul
FREE NFT GIVEAWAY!
Less than a month remains before the public release of our metaverse Crypto Soul World. Upon release to centralized exchanges, the price of the CSW token will start at $0.5 per token. Now there is a presale of token on PancakeSwap exchange, only 800,000 tokens are sold now on special conditions for members of our community.
Everyone who buys 10,000 tokens on the PancakeSwap exchange and holds tokens by September 1 will receive 1 NFT value for every 10,000 tokens to their wallet.
Right now the price of a token is only $0.01 and continues to rise due to high demand.
1. Go to https://pancakeswap.finance/swap
2. Find a pair BNB/CSW (CSW contract address: 0xA62106602B7F0ced0101F497F60E5Ad7AAc3DCBE)
3. Swap 10 000 CSW tokens or more and hold it at your wallet until the project launch.
Less than a month remains before the public release of our metaverse Crypto Soul World. Upon release to centralized exchanges, the price of the CSW token will start at $0.5 per token. Now there is a presale of token on PancakeSwap exchange, only 800,000 tokens are sold now on special conditions for members of our community.
Everyone who buys 10,000 tokens on the PancakeSwap exchange and holds tokens by September 1 will receive 1 NFT value for every 10,000 tokens to their wallet.
Right now the price of a token is only $0.01 and continues to rise due to high demand.
1. Go to https://pancakeswap.finance/swap
2. Find a pair BNB/CSW (CSW contract address: 0xA62106602B7F0ced0101F497F60E5Ad7AAc3DCBE)
3. Swap 10 000 CSW tokens or more and hold it at your wallet until the project launch.
pancakeswap.finance
Exchange | PancakeSwap
Trade, earn, and own crypto on the all-in-one multichain DEX
Forwarded from CryptoSoul
Get a piece of NFT land in the Crypto Soul World metaverse!
Everyone who buys 10,000 tokens CSW on the PancakeSwap exchange and holds tokens till the 1st of September will receive 1 NFT value for every 10,000 tokens to their wallet.
Right now the price of a token is only $0.01 and continues to rise due to high demand.
1. Go to https://pancakeswap.finance/swap
2. Find a pair BNB/CSW (CSW contract address: 0xA62106602B7F0ced0101F497F60E5Ad7AAc3DCBE)
3. Swap 10 000 CSW tokens or more and hold it at your wallet until the project launch.
Everyone who buys 10,000 tokens CSW on the PancakeSwap exchange and holds tokens till the 1st of September will receive 1 NFT value for every 10,000 tokens to their wallet.
Right now the price of a token is only $0.01 and continues to rise due to high demand.
1. Go to https://pancakeswap.finance/swap
2. Find a pair BNB/CSW (CSW contract address: 0xA62106602B7F0ced0101F497F60E5Ad7AAc3DCBE)
3. Swap 10 000 CSW tokens or more and hold it at your wallet until the project launch.
Over $600,000,000 in Crypto Liquidated As Bitcoin (BTC) Plunges by Nearly 10% in Matter of Hours
Hundreds of millions of dollars worth of crypto assets are being liquidated as the leading digital asset Bitcoin (BTC) sees a 10% plunge in its price.
New data from market intelligence firm CoinGlass reveals that crypto positions worth approximately $601.20 million have evaporated over the past 24 hours amid a sharp downturn in the crypto markets.
Hundreds of millions of dollars worth of crypto assets are being liquidated as the leading digital asset Bitcoin (BTC) sees a 10% plunge in its price.
New data from market intelligence firm CoinGlass reveals that crypto positions worth approximately $601.20 million have evaporated over the past 24 hours amid a sharp downturn in the crypto markets.