Liquidation cascade puts crypto market into shock: Report

  • 📰 Cointelegraph
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 51%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

Venture capital inflows decreased 42.7% as derivatives saw one of the largest liquidation events in crypto.

, paving the way for a spot Bitcoin ETF in the future. The price jump to $28,000 was short-lived and retraced back to the $26,000 level. While the pump did not sustain in the short term, the silver lining is that the $26,000 range is showing signs of market support.Cointelegraph’s Research department comprises some of the best talents in the blockchain industry.

With decades of combined experience in traditional finance, business, engineering, technology and research, theis perfectly positioned to put its combined talents to proper use with the latest Investor Insights Report. The opinions expressed in this article are for general informational purposes only and are not intended to provide specific advice or recommendations for any individual or on any specific security or investment product.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 562. in UK

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Investment firm Reverie launches $20 million crypto venture fundReverie is an investment firm headed by former Digital Currency Group, Blockchain Capital and Genesis Global Trading employees.
Source: TheBlock__ - 🏆 464. / 53 Read more »