USD 1.9B Liquidated As Overexuberant Crypto Traders Get Overleveraged


Around USD 1.9bn in 281,000 trading positions have been liquidated in a day as the market corrected sharply, per bybt.com data. Around 90% of the liquidations were of long positions, suggesting that overly optimistic traders were using margin trading to open large positions in the hope of bitcoin...

Tesla CEO to Support Dogecoin Holders


Elon Musk, who has always favored Dogecoin ever since its existence, made an important announcement regarding the sale of majority holdings. He said that there is too much concentration of the coins amongst its holders, and due to this if the holders decide to sell off the majority of their...

Bitcoin, Ethereum, and Altcoins Recovering Losses


Bitcoin price remained well bid above the USD 46,000 support. BTC started a fresh increase above the USD 47,000 and USD 47,500 resistance levels. It is currently (13:00 UTC) showing positive signs, but it must settle above the USD 48,000 resistance for upside continuation. Similarly, most major...

Why Merchants Prefer Bitcoin Cash (BCH) Over Bitcoin (BTC)?


People worldwide are increasingly preferring Bitcoin Cash (BCH) over Bitcoin (BTC). The recently published website, whybitcoincash.com, presents interesting data and facts emphasizing the BCH’s benefits and the reasons for its popularity. The website is made by Kim Dotcom, a technology entrepreneur...

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