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Ether Accounts for Almost Half of $520M Liquidations Amid Weak On-Chain Data

Posted by CoinDesk: Shaurya Malwa on Friday, May 27, 2022, In : TRADING FLOOR 



on't miss CoinDesk's Consensus 2022, the must-attend crypto & blockchain festival experience of the year in Austin, TX this June 9-12.

Bitcoin (BTC) and ether (ETH) lost pivotal support levels in the past 24 hours amid weakening sentiment for the broader crypto market – a move that caused over $520 million in liquidations, data shows.

Ether-tracked futures lost upwards of $236 million, nearly double those of $125 million on bitcoin futures. The losses were unusual for ether, which mostly sees...


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Ethereum’s Dark Underbelly Shows That Even in Crypto, Trust Matters

Posted by David Z Morris on Monday, April 18, 2022, In : 848FINACE 

Don't miss CoinDesk's Consensus 2022, the must-attend crypto & blockchain festival experience of the year in Austin, TX this June 9-12.

When it was released last month, “The Cryptopians” caught some buzz for a handful of juicy revelations about behind-the-scenes conflict during the development and launch of Ethereum. But the book, written by longtime crypto reporter and podcaster Laura Shin, has a lot more to offer than dirty laundry. It may be the best book about the crypto industry by a ...

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