A major crypto trader faced a steep hit of about $8. 2 million after a risky move on the ARC perpetuals market went south on Lighter, a platform that handles decentralized derivatives. The trader had piled up a huge long position over several days, which pushed the total open interest in ARC to roug
Bitcoin's value shot up recently, causing a lot of trouble for those who bet against it. These short sellers lost a huge amount of money, nearly $700 million in just one day. Bitcoin reached $96, 867, its highest point since mid-November. It's up by about 5% in the last day and week, but still down
The crypto world is seeing more dramatic losses as traders take on bigger risks. In the current market cycle, the average daily losses from failed trades have shot up. Long positions are now seeing around $68 million in daily liquidations, while short positions face about $45 million. This is a big
The crypto world is feeling the heat as Bitcoin's value tumbled below $96, 000. This drop isn't just about Bitcoin, though. Other big names like Ethereum and Dogecoin are also feeling the pinch. The market's fear level is high, with the Crypto Fear and Greed Index hitting a low point of 22. This mea
The crypto world felt the heat from President Donald Trump's latest move. He said he might slap a huge 100% tariff on Chinese imports. This news sent shockwaves through the crypto market. It led to a massive sell-off. Over $19 billion in crypto assets were wiped out in just one day. More than 1. 6 m
Bitcoin kicked off the week pretty well, reaching almost $100, 000 on Wednesday. But things took a downward turn on Thursday when the price slipped below $93, 000. Just when everyone thought the drop was it, Bitcoin bounced back, soaring past $100, 000 by Friday afternoon. It ended up stabilizing ar
