Margin Call Nightmare: BTC's Plunge Below $109,000 Flushes $265M in Longs Share quote to twitter-icon 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.
Binance is expanding the range of supported assets on VIP Loan by adding five new tokens: Linea (LINEA) Holoworld AI (HOLO) Pump.fun (PUMP) Avantis (AVNT) Boundless (ZKC) With these additions, institutional and high-net-worth clients can access greater flexibility in managing liquidity through Binance’s VIP Loan platform.
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According to PANews, the supply of stablecoins on the Ethereum blockchain has reached an unprecedented level of $168 billion. This milestone marks a significant development in the cryptocurrency market, highlighting the growing reliance on stablecoins within the Ethereum ecosystem. The increase in stablecoin supply reflects the broader trend of digital assets gaining traction as a reliable medium for transactions and value storage. As the cryptocurrency landscape continues to evolve, stablecoins are playing an increasingly vital role in facilitating secure and efficient financial operations. #ETH #ETHETFsApproved
According to Cointelegraph, Dogecoin (DOGE) has experienced a notable breakout from a multimonth symmetrical triangle, indicating a strong bullish momentum. Over the past week, DOGE's price has surged by nearly 40%, outperforming the broader cryptocurrency market, which saw an 8% increase during the same period. This breakout is characterized by a significant increase in trading volumes, which have tripled, suggesting a robust upward trend. #DOGE #AltcoinSeasonComing?
A major shift could be coming to World Liberty Financial’s (WLFI) economic model as community members overwhelmingly back a proposal to permanently destroy protocol revenues.$