Search
Flash Crash on Bitmex Sends Bitcoin Tumbling to $8,900
19.3.2024
Bitcoin’s price on Bitmex plummeted to $8,900 in a flash crash late Monday, diverging significantly from the global average price of around $67,400, due to large sell orders on the XBT/USDT pair. Bitmex is investigating the incident, which involved over 850 BTC being sold, causing...
Bitcoin Flash Crashed to $8.9K on BitMEX
19.3.2024
Large sell orders worth $55.49 million drove bitcoin’s price down to $8,900 on BitMEX. The overnight crash was short-lived
Bitcoin/Euro Suffers Flash Crash on Coinbase
5.3.2024
Bitcoin {{BTC}} lost 23.7% of its value against its Euro trading pair on Coinbase amid a period of volatility on Tuesday
Okx Exchange Announces Plans to Compensate Users After OKB Token Flash Crash
25.1.2024
Following a sudden plunge in the value of its native token OKB, which fell over 50% in a matter of minutes, Okx exchange has committed to developing a compensation plan for users caught in the resultant wave of automatic liquidations. Okx Exchange to Roll Out Compensation After Unexpected OKB Token...
Crypto Exchange OKX's Token Suffers 50% Flash Crash Amid Liquidation Cascade
23.1.2024
The exchange said that it will compensate impacted users within 72 hours
What Caused Bitcoin's 10% Crash: Matrixport, Jim Cramer, Leverage?
3.1.2024
Bitcoin cratered almost 10% below $41,000 early Wednesday around the time Matrixport's report about warning of a spot BTC ETF decline, but it was more likely due to a leverage flush as the market overheated, a K33 analyst said in an interview
Report: US Central Bank Loses Billions From Rate Hikes, ‘Losses Pile up Into an IOU’
25.10.2022
While the U.S. Federal Reserve ramped up the benchmark bank rate with a barrage of rate hikes, U.S. Treasury markets and global bond markets, in general, have seen one of the worst selloffs in over a decade. The Fed’s actions has fueled criticism toward the U.S. central bank as some strategists...
Analysts Say an Onslaught of Fed Rate Hikes Could Spur a ‘Bond Market Flash Crash’ or ‘Blow up the Treasury’
23.10.2022
The U.S. economy has been struggling with inflation running rampant and investors are eagerly waiting for the U.S. Federal Reserve to announce the next federal funds rate hike next month. Harris Kupperman, the founder of the hedge fund Praetorian Capital, believes the onslaught of Fed rate hikes...
Chain.com tokens lose 96% of value in 24 hours due to flash crash before recovery
14.6.2022
Prices quickly recovered after developers determined that a technical API issue, not a security breach, catalyzed the heavy sell-off
Crypto Flash Crash Prompts El Salvador to Buy the Dip — 150 Bitcoins Added to Treasury
4.12.2021
As the crypto market shed billions of dollars, El Salvador bought the dip, taking advantage of the falling price of bitcoin early Saturday morning. With the latest buy, El Salvador has purchased a total of 1,370 bitcoins altogether. According to Salvadoran president Nayib Bukele, the coins were...
Barrick Gold CEO Says ‘No One Believes in Fiat Currencies Anymore’
10.8.2021
The South African businessman and CEO at Barrick Gold Corporation, Mark Bristow, recently explained in an interview that “no one believes in fiat currencies anymore.” Bristow says the world is currently “battling” on how to “position investments on the back of...
Gold Rebounds After Sunday’s Flash Crash — Price Slide Blamed on Thin Trading Conditions, Leverage, Covid
9.8.2021
The price of an ounce of gold dropped dramatically this week, slipping under the $1,700 handle to $1,688 per ounce on August 8. On Monday, gold regained some of the losses jumping 2.36% back above the $1.7K region to $1,727 per ounce of fine gold. Gold’s Volatile Movements This Weekend Blamed...
Flash crash rattles gold markets as Bitcoin holds strong
9.8.2021
Gold prices have dropped below $1,700 per ounce this morning in what analysts described as stop-loss driven selling
Kraken users demand refunds over flash-crash liquidations
23.2.2021
Margin traders on Kraken are outraged after a flash-crash triggered wholesale liquidations while the exchange was inaccessible to users
XRP Plummets 56% in One Candle, Bitmex Traders Outraged Over Flash Crash
13.2.2020
A number of XRP traders are complaining about massive liquidations on Bitmex as the price of XRP spiked and was brought down by 56% in a single candle. After the incident, well known traders with leveraged positions took to Twitter to complain about the upset as some investors were completely...
Bitcoin Price Slides 2% After Deribit, Coinbase Flash Crash
1.11.2019
Another flash crash has occurred for bitcoin (BTC), this time on the Coinbase Pro and Deribit exchanges
Market Outlook: Traders Play New Positions After Massive Drop in Crypto Prices
25.9.2019
On September 24, digital currency markets saw significant losses as the entire cryptoconomy lost $35 billion in a short period of time. Cryptocurrency enthusiasts and traders are now even more uncertain to where markets are headed in the short term. The sudden sell-off that took place on Wednesday...