Crypto markets saw $105 million in long liquidations within a 30-minute window, forcing leveraged bullish positions to close at a loss. The speed of the wipeout points to elevated volatility and thinning liquidity in crypto derivatives. Traders should watch funding rates and open interest for signs of further deleveraging or a short-term bounce.
SoFi has launched SoFiUSD, described as the first stablecoin issued by a U.S. national bank, on Polygon's Open Money Stack, adding to its..
Decrypt
16
13H
A report says North Korea-linked hackers who stole $6.4B from Binance are laundering the funds through memecoins built on TRON, Solana..
Protos
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3D
Binance has halted crypto transfers involving MEXC Global and its affiliates after US regulators flagged MEXC as a primary money..
crypto.news
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2D
Texas Rep.
Bitcoin Magazine
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2D
PNC now lets eligible corporate clients accept USDC payments and receive dollar deposits through automatic conversion, so businesses..
CryptoSlate
14
1D
Goldman Sachs, Citigroup, Banco Santander and Deutsche Bank have committed about $270 million to a joint stablecoin issuer, per Bloomberg.
CryptoPotato
41
1D
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