Crypto Liquidations Hit Record $1.7 Billion: What to Know

Crypto Liquidations Hit Record $1.7 Billion: What to Know

December 10, 2024

Some top crypto assets liquidated in the past day included more than $1.53 billion in longs and $155 million in shorts. These record crypto liquidations prove that the crypto market has become so volatile. There were $235 million in Ethereum liquidations, while…

How to Use BscScan for Blockchain Insights: A Beginner’s Guide 

How to Use BscScan for Blockchain Insights: A Beginner’s Guide 

November 23, 2024

BscScan offers tools for analyzing blockchain education, development, and finance. This BNB Smart Chain (BSC) block explorer displays transactions, wallet balances, coins, and blockchain smart contract processes. This guide describes how to use BscScan, including the BSC network, since its operations are…

Bitcoin ETFs Inflow End with $400M Outflows: What to Know

Bitcoin ETFs Inflow End with $400M Outflows: What to Know

November 15, 2024

Spot Bitcoin ETFs in the United States experienced their first net outflow since Donald Trump’s election as president, marking the end of an inflow streak that began on Nov. 5. According to data from Farside Investors, 11 Bitcoin ETFs collectively posted a…

Cardano Taps $1.3 Trillion in Bitcoin Liquidity: What to Know

Cardano Taps $1.3 Trillion in Bitcoin Liquidity: What to Know

October 25, 2024

Cardano plans to integrate BitcoinOS, a Bitcoin-based smart contract platform, to enhance its decentralized finance ecosystem and better cross-chain functionality. Accordingly, Cardano will tap into the $1.3 trillion in liquidity held on Bitcoin. By using zero-knowledge cryptography, the network claims it can…

Ledn Secures $50M Bitcoin-Backed Loan: What to Know

Ledn Secures $50M Bitcoin-Backed Loan: What to Know

August 20, 2024

Ledn Secures Pioneer $50M Bitcoin-Backed Loan Ledn, a prominent digital lending platform, has received approval for a $50M loan backed by Bitcoin. This loan, syndicated by Sygnum, a global digital asset banking group, marks a significant development in the integration of digital…

JP Morgan Analysts Think Weak Bitcoin (BTC) Futures Can Result In A Bear Market

JP Morgan Analysts Think Weak Bitcoin (BTC) Futures Can Result In A Bear Market

June 14, 2021

The analysis of the market of cryptocurrency, which was performed by JPMorgan, undoubtedly highlighted the distinction between the spot prices of Bitcoin (BTC) and the futures prices of BTC. Analysts of JPMorgan stated that the market of Bitcoin has reverted to backwardation…

These are the Metrics That Show the Recovery of XRP, LINK, BNB, and Cardano

These are the Metrics That Show the Recovery of XRP, LINK, BNB, and Cardano

May 28, 2021

The recovery of the altcoins (especially the top ones) is much slower than expected after the immense bloodbath that happens in the market last weekend. There are several factors responsible for the dip. One of these major factors was market volatility. The…