Crypto Longs Wiped Out: $230M in Futures Liquidations Hit Market
Over the past 24 hours, the cryptocurrency futures market has experienced a significant deleveraging event, with total liquidation volumes exceeding $230 million across
Crypto News
Crypto News
Bank of Korea Puts CBDC and Deposit Tokens Ahead of Asset Tokens in Digital Currency Roadmap
The Bank of Korea (BOK) has signaled a clear strategic preference for central bank digital currencies (CBDCs) and deposit tokens over asset-backed tokens
Crypto News
Binance to Temporarily Halt Base Network Deposits and Withdrawals on May 21 for Scheduled Upgrade
Binance, the world’s largest cryptocurrency exchange by trading volume, has announced a temporary suspension of deposits and withdrawals for tokens operating on the
Crypto News
Coinbase Bitcoin Premium Stays Negative for Eighth Straight Day, Signaling Weak U.S. Demand
The Coinbase Bitcoin Premium Index has remained in negative territory for eight consecutive trading sessions, according to data from Coinglass. The metric, which
Crypto News
Crypto Policy Not a Priority for Most U.S. Voters in Midterms, Poll Shows
Cryptocurrency regulation remains a low priority for the vast majority of American voters heading into the midterm elections, according to a new Politico
Crypto News
DeFi Development Boosts SOL Per Share 108% but Posts $83.4M Q1 Loss
Nasdaq-listed DeFi Development (DFDV), a company known for accumulating Solana (SOL), reported a net loss of $83.4 million in the first quarter of
Crypto News
Bipartisan CLARITY Act Talks Collapse Over Ethics and Blockchain Developer Liability Provisions
Bipartisan negotiations on the U.S. Senate Banking Committee’s CLARITY Act have broken down, with Republican leaders now expected to advance the legislation without
Crypto News
Kraken’s Ink Lending Protocol Tydro Replaces Oracle Provider After Security Review
Tydro, a lending protocol operating on Kraken’s Layer 2 network Ink, has replaced its price oracle provider, moving from Chaos Labs to Chainlink’s
Crypto News
US Spot Ethereum ETFs Extend Outflow Streak to Three Days as BlackRock and Fidelity Lead Declines
U.S. spot Ethereum exchange-traded funds (ETFs) recorded net outflows of $36.25 million on May 13, extending a losing streak to three consecutive trading
Crypto News
US Spot Bitcoin ETFs See Largest Single-Day Outflow in Three Months at $630 Million
U.S. spot Bitcoin exchange-traded funds recorded a net outflow of approximately $630.38 million on May 13, marking the second consecutive day of net