Margin Call Nightmare: BTC’s Plunge Below $109,000 Flushes $265M in Longs #Bitcoin https://ift.tt/gjrZhQY

Bitcoin plunged to $108,652 on Bitstamp Thursday, wiping out over $265 million in bitcoin long positions in what might be crypto’s most dramatic hangover. Bitcoin Craters Call it the great leveraged purge. Bitcoin’s crash to $108,652 on Bitstamp didn’t just rattle traders—it set off a domino effect of liquidations. Over $265 million in BTC long […]

from Bitcoin News https://news.bitcoin.com/margin-call-nightmare-btcs-plunge-below-109000-flushes-265m-in-longs/
via IFTTT

Comments

Post a Comment

If you have any Questions ? Feel free to contact anytime.

Popular posts from this blog

Barry Silbert Resigns as Chairman of Grayscale Investments #Bitcoin https://ift.tt/RHqEasy

Image
Digital Currency Group (DCG) founder Barry Silbert has resigned from his position as the chairman of Grayscale Investments. Current DCG chief financial officer Mark Shifke succeeds Silbert and is joined by Edward McGee and Matthew Kummell as members of the new look board. Preparing for Grayscale’s Next Chapter Barry Silbert, the founder and CEO of Digital Currency Group, has resigned from his position as chairman of the digital asset management company Grayscale and will be replaced by Mark Shifke. According to the company’s filing with the Securities and Exchange Commission (SEC), starting Jan. 1, 2024, Grayscale’s board will be composed of Mark Shifke, Matthew Kummell, and Edward McGee. Current Grayscale Investments CEO Michael Sonnenshein is also a board member, while Mark Murphy, the president of Digital Currency Group (DCG), departs alongside Silbert. Commenting on the changes to the board, an unidentified Grayscale spokeswoman reportedly said: “Grayscale and our investors ...
Read more

Holiday Bitcoin Rollercoaster: QCP Capital Teases Major January Trigger #Bitcoin https://ift.tt/8yf5tUK

Image
QCP Capital observes that bitcoin (BTC) has faced erratic price fluctuations, largely attributed to the thin liquidity during the holiday period, which has limited any recent attempts at recovery. The Singapore-based crypto asset trading firm also shared its perspective for 2025, noting that analysts at QCP foresee a “key catalyst may come in January.” With […] from Bitcoin News https://ift.tt/awVphLo via IFTTT
Read more

Former Bitcoin Developer Amir Taaki Calls for Ross Ulbricht’s Freedom on Election Day #Bitcoin https://ift.tt/3rjzCXR

Image
Amir Taaki, a former Bitcoin developer, voiced strong support for Ross Ulbricht, founder of Silk Road, in a statement released on U.S. Election Day, emphasizing Ulbricht’s influence on the cryptocurrency landscape and urging his release from prison. Amir Taaki Credits Ross Ulbricht as a Crypto Pioneer, Advocates for His Release Amir Taaki, a prominent figure […] from Bitcoin News https://ift.tt/lyZW0VK via IFTTT
Read more