In a rapid climb, Bitcoin surged past $46,000, causing over $160 million in losses due to liquidated short positions. The market, marked by extreme greed, faces scrutiny over Bitcoin's surge amid impending ETF expectations. Analysts emphasize assessing both market sentiment and fundamental metrics to understand the surge's true drivers.
Xu LinBitcoin's 7% surge, approaching $46,000, is fueled by ETF anticipation and shorts liquidation. Altcoins like Solana and ORDI follow suit. Ethereum rises to $2,363. Notable performers include Sei and Astar Network. Overall market sentiment remains optimistic.
SanyaBinance discontinues BUSD support, prompting users to take immediate action. This strategic move aligns with the exchange's commitment to adaptability in the dynamic crypto landscape.
Huang BoBitcoin saw a double rally today, pushing its price beyond $35,000 after an earlier surge past $31,000 on Monday morning, marking the highest point of the cryptocurrency in 2023.
CatherineArgentina took the lead in adopting the Binance crypto card program in August 2022, with high inflation prompting locals to explore alternative payment options like cryptocurrencies.
DavinIn the initial tweet, Binance's customer service communicated a temporary suspension of Euro withdrawals and deposits through SEPA.
BrianThe investment startup made a short bet on LUNC in May using client funds. The trade blew up and wiped out 99% of its assets.
CointelegraphThe crypto custodial service and AI trading platform managed to lose nearly all of its customers’ assets by shorting LUNA, the Terra Classic native token.
CointelegraphAccording to Paolo Ardoino, some hedge funds are trying to create "billions of dollars" of pressure to "damage Tether's liquidity" in order to eventually be able to buy back tokens at a much lower price.
CointelegraphPaolo Ardoino alleged some hedge funds are trying to create pressure “in the billions” to “harm Tether liquidity” so that they can eventually buy back tokens at a much lower price.
Cointelegraph