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Over $460 Million Longs Liquidated in Past Hour as Bitcoin Drops 8% on Spot ETF Delay Rumors
3.1.2024
Image Source: Pixabay More than $460 million in longs liquidated across the crypto market over the past hour alone after the price of Bitcoin dropped by 8% on rumors that the SEC might delay spot ETF approval. According to data by CoinGlass, long traders suffered around $462 million in losses...
Bullish Sentiment Grows as Centralized Exchanges See Record Outflows in 12 Months
29.12.2023
Source: Adobe / Luisa Cryptocurrency traders maintain a bullish drive to end the year with another positive on-chain metric going into 2024 as favorable market forces boost optimism. Data from blockchain analytics firm, Glassnode shows over $1.1 billion net outflows from centralized exchanges...
Digital Assets Worth $343M Stolen From Crypto Exchange Platforms in November — Study
4.12.2023
Digital assets worth just over $343 million were stolen from digital asset platforms in November alone. Centralized exchanges accounted for 53.8% of the total losses, with decentralized exchange platforms accounting for the remainder. The 34 attacks on BNB Chain and Ethereum represented 83% of...
Asset Managers Should Only Engage Staking Platforms With Strong Security — Andrew McFarlane
3.12.2023
Institutional investors seeking to earn rewards from digital asset token staking must be aware of the associated risks and should take steps to protect their clients, Andrew McFarlane, CTO at the Web3 infrastructure company Validation Cloud, has said. According to McFarlane, slashing, which is...
CAGA Crypto’s Spectacular Journey: Soaring High with Centralized Exchange Listings
28.11.2023
A Vibrant Leap Forward: CAGA Crypto’s Exciting Integration into Renowned Exchanges In an electrifying development, CAGA Crypto, a pioneer in decentralized governance and blockchain innovation, celebrates its remarkable listing on top-tier centralized exchanges (CEX), including BITMART(30th...
CAGA Crypto’s Quantum Leap: Liquid Staking, Governance, and Listings on Gate.io and Bitmart
23.11.2023
PRESS RELEASE. USA, New York, November 23, 2023 – In the dynamic realm of decentralized finance (DeFi), CAGA Crypto emerges as a remarkable example of innovation and community-driven governance. As it prepares for listing on major centralized exchanges – Gate.io, Bitmart, the crypto...
Orion’s All-in-One Trading Terminal Aggregates Crypto Liquidity
21.11.2023
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com. The crypto market today comprises hundreds of centralized exchanges, decentralized exchanges, AMMs, aggregators, and blockchains. Across Layer1s, Layer2s...
SafeMoon hacker’s use of centralized exchanges could help law enforcement: Match System
2.11.2023
SafeMoon was exploited in March earlier this year after a smart contract update led to a burn call vulnerability allowing hackers to transfer funds
Crypto Exchanges Face Historic Liquidity Crunch Ahead of Bitcoin Halving
30.10.2023
About 60,000 bitcoins valued at just over $2 billion were removed from trading platforms in the past 90 days. The number of bitcoins on centralized exchanges is slightly more than 2 million. A recent report from Falconx says swings in the market have been exacerbated by a persistent lack...
FTX Estate Initiates Second Tranche of Crypto Transfers, Shifting Millions to Centralized Exchanges
26.10.2023
On Thursday, the analytics firm Peckshield alerted the community to another transfer of crypto assets from FTX wallets to centralized exchanges. Nearly $20 million in digital currencies were moved after the estate transferred $8.6 million in cryptocurrencies to Binance earlier in the day....
Centralized Exchanges Record Net Outflows as Bitcoin Price Inches Near $35,000
24.10.2023
The surge in the price of Bitcoin (BTC) has led to a change in investors' sentiment towards the market sparking different calls from market players not recorded in months.
Data from on-chain analytics firm CoinGlass show high net outflows from centralized digital asset exchanges as the price...
Grassroots Crypto Adoption in Latin America Surges as Users Flock to Centralized Exchanges
16.10.2023
According to a new study, cryptocurrency adoption grows in Latin America as users leverage digital assets to offset currency devaluations and inflation.
A new Chainalysis report shows a growing adoption rate in Latin America following a surge of new use cases on a country-country basis and...
Latin America takes global lead in preference for centralized exchanges: Report
15.10.2023
According to Chainalysis, Latin American crypto users show a significant preference for centralized exchanges, in contrast to the worldwide pattern
‘Trading Through Gamification Can Represent the Future’ Says Banksters’ Alexandru Carbunariu
6.10.2023
While centralized exchanges (cexs) are instrumental in helping new users grasp all things crypto, they nevertheless do not go “the extra mile in educating their audience properly,” Alexandru Carbunariu, the CMO at the edutech simulator Banksters, has asserted. According to Carbunariu...
Trading Volume on Centralized Exchanges Reaches Lowest Level Since December 2022: Report
6.10.2023
Centralized exchanges witnessed a significant decline in trading volume in September, marking the third consecutive month of decreasing activity.
According to a recent report by researcher CCData, the combined spot and derivatives trading volume on these exchanges dropped by 20.3% to reach $1.67...
The Great Shift to Self-Custody: 800,000 BTC Worth Over $20 Billion Pulled From Exchanges in 3 Years
3.9.2023
Over the past three years, there’s been a notable movement in bitcoin holdings. Since September 1, 2020, a whopping 804,000 bitcoin, equivalent to $20.79 billion, has been pulled from centralized exchanges. Notably, 184,000 BTC of that sum, valued at $4.75 billion, was withdrawn in just...
On-Chain Data: The Amount Of Bitcoin on Centralized Exchanges Plunges to 2 Million – What's Going On?
31.8.2023
Bitcoin (BTC) holdings in centralized digital asset exchanges have plunged 4% to 2 million signaling both positive and market-worsening concerns.
According to recent data from CryptoQuant, the number of assets held in exchanges is at lows not recorded since January 2018.
The figure which...
PEPE Token’s Rapid 17% Fall Sparks Concerns Over Multi-Sig Wallet Changes and Massive Fund Transfers
25.8.2023
In the wake of the meme token’s meteoric ascent, pepe (PEPE) has plummeted by over 17% in the last 24 hours. Buzz on social media suggests a significant amount of funds held by the development team are being transferred to exchanges. Moreover, alterations have been made to the team’s...
Centralized exchanges will become gateways for DeFi: Finance Redefined
21.7.2023
The top 100 DeFi tokens had a mixed week, with most of the tokens continuing to trade in a similar range as the previous week
Bitcoin․me Launches $150,000 in Liquidity Pool Rewards
20.7.2023
PRESS RELEASE. In its pursuit to revolutionize the cryptocurrency trading landscape, Bitcoin.me is pleased to announce the launch of three remarkable Liquidity Pools: KFI/USDT, KLV/USDT, and the latest addition, KFI/KLV. Cryptocurrencies have reshaped the world of finance, with centralized...