Author: coinadrenaline
The cryptocurrency trader whose ultra-leveraged Ether (ETH) trade tested Hyperliquid’s limits on March 12 has entered another multimillion-dollar position, this time in Chainlink (LINK), onchain data shows. On March 14, the anonymous whale, referred to on X as “ETH 50x Big Guy,” took out long positions in LINK worth approximately $31 million with 10 times leverage, according to Lookonchain, a Web3 analytics service. He placed the bets on Hyplerliquid and GMX, two popular perpetuals exchanges, Lookonchain said in a March 14 X post. Additionally, the whale accumulated roughly $12 million in spot LINK. In the ensuing hours, the whale gradually reduced his…
The latest Bitso Crypto Landscape in Latam report indicates that the region is still fertile ground for cryptocurrency markets. The stablecoin market grew, accounting for almost 40% of all purchases, while bitcoin purchases diminished to 22%. Bitso Report Shows Stablecoins Remain Strong in Latam Bitso, one of the largest cryptocurrency exchanges operating in Latin America, […]
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Ethereum (ETH) is facing significant selling pressure, trading below the $1,900 mark as market uncertainty continues to weigh on price action. After losing the critical $2,000 level, ETH plunged as low as $1,750, marking its lowest point since October…
Two Ethereum (ETH)-based altcoins are skyrocketing after gaining support from the top US-based crypto exchange platform by volume. In new posts on the social media platform X, Coinbase is announcing the additions of the decentralized finance (DeFi) platform Maple Syrup (SYRUP) and artificial intelligence (AI)-based token Aethir (ATH) to its suite of digital asset products. Coinbase’s announcements preceded rallies for both tokens. The additions of SYRUP and ATH come a few days after Coinbase added the tokens to its listing roadmap last week, signaling upcoming support. At the time, both assets jumped nearly 40% in price. News of the support…
Bitcoin (BTC) shrugged off gains at the March 13 Wall Street open as US inflation markers continued to fall.BTC/USD 1-hour chart. Source: Cointelegraph/TradingViewGood news is bad news? Bitcoin follows stocks lowerData from Cointelegraph Markets Pro and TradingView showed BTC/USD circling $81,500, down 2.3% on the day.The February print of the Producer Price Index (PPI) came in below median expectations, copying the Consumer Price Index (CPI) results from the day prior.“On an unadjusted basis, the index for final demand advanced 3.2 percent for the 12 months ended in February,” an accompanying press release from the US Bureau of Labor Statistics (BLS) stated.“In…
Hyperliquid reported a $4 million loss in its Liquidity Provider (HLP) vaults within 24 hours.According to a March 12 post on X, the loss followed a major liquidation event involving a high-risk trader.Following the news, Hyperliquid’s HYPE token responded negatively to the event, dropping over 3% in the past 24 hours. The token reached a low of $12.80 before rebounding slightly to $13.90 as of press time.Hyperliquid is the largest decentralized perpetual exchange by trading volume, controlling more than 64% of the market.What happened?The protocol stated that a trader using the wallet address 0xf3f4 held a large Ethereum (ETH) long…
Banco Bilbao Vizcaya Argentaria (BBVA), the second-largest lending institution in Spain and one of the largest in Europe, has announced the integration of crypto into an upcoming platform as part of its service offering. The development comes as the bank received approval from the country’s securities regulator to do so, mentioning bitcoin and ether only […]
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Donald Trump has decided not to double tariffs on Canadian aluminum and steel, offering a sigh of relief to the US stock market. The decision to retract tariffs on Canadian metals came after Canada’s announcement that it wouldn’t go…
We are pleased to announce that Hsiao-Wei Wang is joining the Ethereum Foundation’s Board of Directors. The current board members now include Aya Miyaguchi (President) , Vitalik Buterin (Founder), Patrick Storchenegger (Swiss council) and Hsiao-Wei Wang (Co-ED). As this transition unfolds, the board will share further updates on its role and functions in the Ethereum Foundation. Stay tuned for more details in the coming weeks.
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. The cryptocurrency market is facing a seemingly never-ending decline, with Ethereum (ETH) and Dogecoin (DOGE) leading the losses among large-cap digital assets. This correction comes as the broader market sentiment turns bearish and cautious while Bitcoin (BTC) experiences persistent…