BITPRISMIA
The cryptocurrency market experienced an unprecedented $429 million in futures liquidations within an hour, totaling $905 million over 24 hours, highlighting extreme market volatility and the risks of leveraged trading.
The article discusses the significant impact of crypto futures liquidations, highlighting a recent event where $102 million was liquidated in an hour and $751 million over 24 hours, emphasizing the risks of leveraged trading.
Sharesies, a major New Zealand stockbroker, is expanding into cryptocurrency trading, which could significantly boost crypto adoption in the region, leveraging its large user base and simplified investment approach.
The article discusses the significant liquidation events in crypto perpetual futures trading within a 24-hour period, highlighting the high losses from long positions in Ethereum, Bitcoin, and Solana due to market volatility.
PNC Bank is expanding into cryptocurrency trading, reflecting a broader trend of U.S. banks engaging with the crypto sector amid regulatory shifts.