CoinGlass

After several weeks of persistent selling, the German government completed its final sale of Bitcoin holdings last Friday. Unexpectedly, the market surged immediately afterward. What Happened: Approximately 50,000 Bitcoins, which were recovered from asset seizures, were sold by the government over...

Late Monday evening, Bitcoin (CRYPTO: BTC) experienced a sudden and dramatic drop in value on the BitMEX cryptocurrency exchange, plunging to $8,900 from much higher figures on other platforms.  What Happened: Bitcoin is the apex cryptocurrency, trading over $60,000 on various exchanges. However,...

Bitcoin (CRYPTO: BTC) reached $65,000 on Monday, advancing toward its all-time high of $69,000 achieved in November 2021. What Happened: At the time of writing, the apex cryptocurrency is valued at $65,244, 5% below its peak, as reported by Benzinga Pro. The rise comes amid optimism in market...

Crypto traders betting against Bitcoin (CRYPTO: BTC) were caught off guard as the price of the king cryptocurrency surged past $46,000, leading to a cascade of short position liquidations. What Happened: According to data from Coinglass, in just 24 hours, a wave of liquidations saw 58,496 traders...

Over $160 million in cryptocurrency futures were liquidated, following the latest monetary policy decision from the Federal Reserve.  What Happened: The U.S. central bank maintained its key interest rate for the third consecutive time, signaling potential rate cuts in the coming years, starting...

Avalanche (CRYPTO: AVAX) has eclipsed Dogecoin (CRYPTO: DOGE) to claim the ninth spot on CoinMarketCap’s leaderboard of the top 100 cryptocurrencies. What happened: The market value of Avalanche has swelled to $14.23 billion at the last count, edging out Dogecoin’s $13.64 billion market...

Cryptocurrency investors bullish on Ethereum (CRYPTO: ETH) have encountered a financial setback, with over $12 million in long positions liquidated. Bitcoin (CRYPTO: BTC), also saw $10 million in longs evaporated. What Happened: Data from Coinglass shows that over 63,548 traders liquidated their...

The cryptocurrency market on Tuesday saw a significant wipe-out of leveraged long positions, hitting traders with a force not seen in months. What Happened:  According to data from CoinGlass, over $303 million worth of these bullish bets were liquidated in a mere 24-hour span. This marked the...

Bitcoin (CRYPTO: BTC) shorts totaling more than $33 million were liquidated in the last 24 hours, coinciding with the Federal Reserve’s decision to keep its policy unchanged. What Happened: On Wednesday, the U.S. Federal Reserve’s Federal Open Market Committee (FOMC) made the expected...

Bitcoin (CRYPTO: BTC) miners have reportedly sold over 20,000 BTC this week, marking the largest amount sold since April, according to crypto analysis firm Into the Block.  What Happened: The firm reported the significant increase in Bitcoin sales by miners and explained that it suggests they...

In the past 24 hours, the cryptocurrency market witnessed significant liquidations of Bitcoin (CRYPTO: BTC)  shorts, with over $24 million worth being wiped out, according to the latest data from CoinGlass. What Happened: The liquidations affected a total of 26,390 traders, resulting in a...

The cryptocurrency market witnessed a massive liquidation of shorts on Tuesday, with over $127.98 million liquidated in a span of hours after Bitcoin (CRYPTO: BTC) breached the $28,000 mark, according to data from CoinGlass.  What Happened: Of the total liquidation, approximately $77 million...

Traders suffered huge losses on Monday when the cryptocurrency market tumbled following the Securities and Exchange Commission’s (SEC) lawsuit against Binance. What Happened: The exchange giant, which is accused of violating securities laws, saw a sharp decline in trading volume. ...

Over $11 million worth of Ethereum (CRYPTO: ETH) shorts have been liquidated in just a 12 hour span. This comes as ETH breached the $1,900-mark for the first time in over seven months, a week before staking withdrawals are enabled in the next major update. What Happened: CoinGlass data reveals...

More than $55 million in cryptocurrency shorts have been wiped out in the past 12 hours, as Bitcoin (CRYPTO: BTC) crossed the $26,000 mark.  What Happened: Data from CoinGlass shows that in the past 12 hours, $69 million worth of cryptocurrencies were liquidated. The largest single...