Dogecoin Community Exploration
Discover the deeper value of dogecoin and the latest developments of dogecoin whales.
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Apr / 03
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- Bitcoin’s Sudden 5% Plunge Triggers Over $165 Million in Leveraged Losses Amidst ETF Outflows and Tether’s Brief Depeg
- Apr 03, 2024 at 07:09 am Crypto Intelligence
- A sharp 5% drop in Bitcoin's value on Tuesday led to substantial losses for traders with leveraged positions. By 2 UTC, Bitcoin's price plunged from $69,450 to $65,970, triggering liquidations exceeding $165 million, including $50 million in Bitcoin long positions and $40 million in Ether longs. Bitcoin ETFs experienced fund withdrawals totaling $86 million, with Grayscale's GBTC incurring $302 million in outflows. The incident highlights the volatility of the cryptocurrency market and the risks associated with leveraged trading.
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Apr / 02
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- Bitcoin’s 5% Flash Crash Triggers $165M in Leveraged Liquidations: Market Reels
- Apr 02, 2024 at 05:04 pm CO NEWS
- Bitcoin's sudden 5% drop triggers a market sell-off, resulting in over $165 million in leveraged trading losses. Ether, Dogecoin, and Solana face significant liquidations, while Bitcoin ETFs experience a net outflow of $86 million. Tether's temporary depeg from its dollar peg adds to the market uncertainty. The event highlights the risks of leveraged trading and the interconnectedness of the cryptocurrency ecosystem.
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Mar / 25
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- Exciting! Coinbase Set to Launch 3 New Leveraged and CFTC-regulated Futures
- Mar 22, 2024 at 06:24 pm Cryptopolitan_News
- Coinbase Derivatives, a subsidiary of Coinbase, has announced the upcoming launch of cash-settled futures contracts for Bitcoin Cash, Litecoin, and Dogecoin. The introduction of these contracts marks a significant step towards broader adoption and increased accessibility of digital assets. Coinbase has filed the necessary paperwork with the US Commodity Futures Trading Commission (CFTC) and plans to make these contracts available to trade on partner platforms starting April 1st.
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