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Crypto market chart showing a sharp 10% decline and Bitcoin price falling below $96,000.

Crypto Market Suffers 10% Drop Amid $1.25 Billion Liquidations

The crypto market faced a sharp downturn, losing 10% in value and seeing liquidations exceed $1.25 billion within 24 hours. Bitcoin slid below $96,000, while meme coins recorded the steepest losses. Source: https://www.linkedin.com/pulse/crypto-market-outlook-second-half-2023-better-fly-marketing/ Data from Coinglass revealed Bitcoin faced $45 […]

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Community-driven vs. institutional-backed tokens comparison in the future of altcoins market.

The Future of Altcoins: Community-Driven vs. Institutional-Backed Tokens Battle

The altcoin market has a fascinating contrast between community-driven tokens and institutional-backed projects. These two categories show distinct characteristics, benefits, and challenges. Let’s try to understand what separates these two.  Source: https://www.prestigeonline.com/hk/lifestyle/wealth-management/what-are-altcoins/ Community-Driven Tokens Community-driven tokens are the essence of

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Bitcoin liquidations reach three-year high amid $1.6B market wipeout

Bitcoin Liquidations Hit Three-Year High Amid $1.6B Crypto Market Wipeout

Bitcoin saw its largest liquidation event since 2021, with $1.6 billion wiped out across the crypto market. The sell-off, driven by unusual trading on Coinbase, affected Bitcoin, Ether, and altcoins. Some see it as a healthy market reset, while others question the abrupt nature of the drop.

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