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Category: Volatility
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Pepe (PEPE), the meme coin featuring the popular character Pepe the Frog, has experienced a significant surge in value in the past week, rising by 152.9% against the U.S. dollar. Recent statistics indicate that PEPE’s market capitalization has surged from $141 million on April 22 to a current valuation of $303 million. PEPE Jumps 99% […]
Value Locked in Defi Descends Below $50B Range 9 Days After 2023 High
The total value locked in decentralized finance (defi) has descended below the $50 billion range after reaching a 2023 high of $53.63 billion on April 14. This shift has been felt across the board with the top 18 defi protocols recording losses during the past seven days, and the largest defi protocol by TVL size, […]
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Non-Fungible Token Sales Spiked This Week Despite Crypto Market Volatility
In the midst of a turbulent week for the crypto market, non-fungible token (NFT) sales have shown resilience, experiencing a surge of 7.74% in weekly sales, totaling $181.82 million. Data also reveals that there has been an increase of 41% in NFT buyers over the course of the week, surpassing the number of buyers recorded […]
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OKX launches AI integration to monitor market volatility
Cryptocurrency exchange OKX announced a new integration aimed to help users monitor market volatility in real-time via advanced AI algorithms.
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Arbitrum Airdrop Goes Live: ARB Price Drops More Than 85%
On Thursday, the Arbitrum airdrop claiming process went live and ARB markets dropped more than 85% lower than pre-IOU market prices recorded the day before. Arbitrum airdropped just over a billion ARB tokens, or 11.6% of the total supply. At noon ET, more than 474 million tokens had been claimed. Wild Volatility for ARB Token: […]
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Betting on turmoil: Deribit launches Bitcoin volatility futures
Volatility products are popular with traditional investors, as they enable portfolio hedging, risk management and speculation.
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US lawmaker suggests Signature’s collapse was tied to instability of crypto
Senator Michael Bennet said crypto was not “even as stable as the marijuana industry,” questioning Signature Bank’s ability to service digital asset firms but not dispensaries.
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How and why do stablecoins depeg?
Silicon Valley Bank Faces Financial Woes as Stock Is Halted, Sells $21 Billion Bond Portfolio at a $1.8 Billion Loss
On March 10, 2023, market observers are discussing the troubles Silicon Valley Bank (SVB) faces, as the firm’s stock slid more than 60% in the last 24 hours. SVB was forced to sell a $21 billion bond portfolio at a $1.8 billion loss. CEO Greg Becker insists that the financial institution “will be well positioned” […]
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Bitcoin’s Price Drop Causes Over $200 Million in Long Liquidations Across Crypto Derivative Exchanges
On Feb. 24, 2023, bitcoin’s price remained above the $23,000 threshold and then rose to a peak of $23,829 per unit on March 1. On March 2 at 8 p.m. Eastern Time, the price of bitcoin fell, dropping below the $23,000 mark. This decline resulted in a significant $237.97 million worth of long liquidations on […]
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