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Tag: News

Bitcoin Slides Below 6K Amid Broad Crypto Selloff

Bitcoin Slides Below $106K Amid Broad Crypto Selloff, Triggering Over $1B in Liquidations

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Bitcoin drops below $106,000, hitting $105,500 in a 4% daily decline. Altcoins suffer steeper losses, with Ether down 7% and Solana, BNB, Dogecoin falling 8%-10%. Liquidations top $1.1 billion, mostly from long positions, amid heightened volatility. Market sentiment hits ‘extreme fear’ as Fed rate cut uncertainties weigh on investors. The cryptocurrency market endured a sharp selloff on Monday, with Bitcoin...

Altcoins, Bitcoin, Cryptocurrencies, Front page, News

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Balancer DeFi Protocol Suffers $128M Exploit in V2 Pools Amid Smart Contract Vulnerability

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Quick Take Balancer’s V2 Composable Stable Pools were exploited for approximately $128 million in assets, including WETH, osETH, and wstETH. The vulnerability stemmed from a logic flaw in smart contract functions, allowing unauthorized withdrawals despite multiple audits. Affected chains such as Berachain implemented emergency measures, including network halts and hard forks, to protect users. Ethereum-based decentralized finance...

Breaking, News

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Crypto Weekly Roundup – Navigating November’s Choppy Waters

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The crypto market entered November on a cautious note, with Bitcoin hovering around $110,000 after a 3.5% cap dip to $3.69 trillion. Thin liquidity from Japan’s holiday and $478M in liquidations—mostly longs—amplified swings, while Fed hints at limited rate cuts strengthened the dollar, pressuring risk assets. Yet, ETF inflows persist, and historical November strength offers a counterbalance, potentially setting up a rebound if supports...

Bitcoin, Crypto market, News

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DEX Trading Volume Hits All-Time High of 3.3 Billion in October Amid Market Volatility

DEX Trading Volume Hits All-Time High of $613.3 Billion in October Amid Market Volatility

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Record Volume: DEX trading reached $613.3 billion in October, surpassing the previous high and up from approximately $500 billion in September. Leading Platforms: Uniswap led with $170.9 billion, followed by PancakeSwap at $101.9 billion. Key Drivers: Market drop on October 10 spurred volatility, prompting traders to reposition funds amid new narratives like BNB Chain memecoins and ETF flows. CEX Comparison: Centralized...

Cryptocurrencies, DEX, Front page, News, Trading

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Solana ETFs extend inflows for fourth day as Bitcoin and Ether drag outflows

Solana ETFs Ride the Alt Wave

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Remember when Bitcoin was the undisputed king, hoarding all the ETF love while alts scraped for scraps? Yeah, those days feel like ancient history now. Fast-forward to this week, and the capital’s rotating faster than a Solana transaction block. Spot Solana ETFs just notched their fourth consecutive day of inflows, sucking in $44.48 million on Friday alone—pushing cumulative net inflows past $199 million. Meanwhile, Bitcoin and Ether...

Front page, News

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