Bitcoin Network Activity Surges: Active Addresses Hit Three-Month Peak Amid Market Uncertainty
Bitcoin's network has recorded over 912,300 active addresses, reaching levels not seen since December 2023's $105,000 price point. This surge in activity, combined with technical indicators and market sentiment, suggests a potential bottom formation despite looming liquidation risks.
Crypto Market Shakeout: $200M in Long Positions Liquidated as Altcoins Tumble
A massive liquidation event hit the crypto derivatives market, wiping out over $200 million in leveraged long positions as major altcoins faced sharp declines. Ethereum and Solana led the cascade with $56M and $33M in liquidations respectively, while Bitcoin showed relative stability.
OX.FUN Exchange Faces Collapse Amid $1 Million Extortion Scandal
Cryptocurrency exchange OX.FUN, led by former Three Arrows Capital's Su Zhu, is embroiled in controversy over alleged attempts to extort $1 million from an artists' collective. With reserves reportedly plummeting to $1,000 USDC, the platform shows signs of imminent collapse following its founder's pattern of failed ventures.
Bitcoin Plunges Below $100,000 Following Trump-Related Market Turbulence
Bitcoin dropped sharply from $106,294 to $99,462, triggering $902 million in total crypto market liquidations amid Trump inauguration events. The dramatic sell-off coincides with the launch of Trump-affiliated meme tokens and broader economic uncertainties affecting digital assets.
Kraken Leads FTX Recovery Effort with First Wave of Creditor Payouts
Cryptocurrency exchange Kraken has begun distributing funds to FTX creditors, marking the first major step toward compensating users affected by the 2022 collapse. The structured payout process includes incentives for affected users, though timelines vary based on claim size.
Massive $800M Crypto Liquidation Wave Hits as Bitcoin Touches $96K
Over $846 million in crypto trading positions were liquidated within 24 hours, affecting 243,000 traders amid significant market volatility. The largest single liquidation was a $15.8M ETHUSDT position on Binance, while Bitcoin climbed to $96,811 despite the turmoil.
Bitcoin's Wild Ride: $303M Liquidation Amid Trump-Fueled Rally to $103K
Bitcoin's dramatic price action saw it surge to $103,000 before a sudden 10% plunge triggered $303.5M in liquidations. The cryptocurrency quickly rebounded above $101,000, buoyed by speculation around Trump's pro-crypto policies and promises to make the US a 'Bitcoin superpower.'
Bitcoin Shatters $100,000 Barrier, Triggers $675M Market Liquidation Wave
Bitcoin's historic breakthrough past $100,000 has sparked massive market movements, with over $675 million in trading positions liquidated across cryptocurrencies. The milestone price surge signals a new era for Bitcoin miners, who stand to benefit significantly from increased profitability and market maturity.