Bitcoin Breaks $70K Barrier, Leading to $27.75M in Liquidations

The price of bitcoin has exceeded $70,000, increasing by 2.1% during today’s trading sessions. This latest rise led to the liquidation of $27.75 million in bitcoin short positions. Bitcoin Trades Above $70K, Leading to Multi-Million Dollar Liquidations Bitcoin (BTC) is up 2.1% today and 3% over the past seven days. The price has also risen … Read more

Stablecoin Market Stabilizes at $160 Billion; FDUSD and PYUSD Lead Growth

Over the past 19 days, the stablecoin economy has stabilized with negligible growth after reaching the $160 billion threshold at April’s end. Out of the top five, FDUSD is currently the frontrunner in terms of 30-day growth, showing a 15.3% increase in supply. Stablecoin Valuation Holds Steady With Little Growth Following a period of rapid … Read more

Despite Broad Crypto Downturn, Solana Hits $200 Range and Overtakes BNB

Based on the latest metrics, the cryptocurrency landscape has experienced a widespread but modest downturn. Yet, the digital asset solana has risen by 12.2% in the last 24 hours and 43% against the U.S. dollar over the past week. Currently, solana surpassed the $200 mark per coin as it closed in on BNB’s market capitalization. … Read more