Author: Yeek.io
Hyperliquid, a blockchain-based perpetual trading platform, has announced changes to its margin policy after its HLP liquidity fund suffered a $4 million loss from a major liquidation on March 12. Starting March 15, the platform will require a minimum margin of 20% for certain open positions to reduce systemic risks and protect liquidity stability during extreme market fluctuations.Major Liquidation Forces Hyperliquid to Strengthen Risk ManagementA major liquidation resulted in a $4 million loss for Hyperliquid’s HLP liquidity fund, prompting the platform to quickly adjust its risk management policies. While this was not a hack or technical failure, the incident raised…
Onchain activity for Tether has hit a sixth-month high, possibly indicating traders are gearing up to jump back into the market, according to analysts. Data shared by the blockchain data platform Santiment in a March 12 X post shows Tether’s (USDT) onchain activity has been on the rise, peaking with over 143,000 wallets making transfers on March 11, the highest in six months.“When USDT & other stablecoin activity spikes during price drops, traders are preparing to buy. Added buy pressure aids in crypto prices recovering,” Santiment said.Onchain activity for Tethers USDT has spiked, reaching a sixth-month high. Source: SantimentIt comes as…
In the ever-evolving landscape of cryptocurrencies, Dogecoin has once again captured the attention of investors and enthusiasts. A meme coin that has traditionally been subject to significant price volatility, Dogecoin is now showing signs of a promising rebound, as indicated by recent technical analysis. The focus is on the Stock Relative Strength Index (RSI), a momentum oscillator that suggests a bullish crossover could be imminent. The spotlight shines on a recent analysis by a prominent figure in the crypto community, Ali, known on X as @ali_charts. Ali’s observations, shared via a detailed chart on TradingView, highlight a potential shift in…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin (BTC) has been trapped below crucial price levels for the past few days, following its loss of the $85,000 mark last Sunday. Now trading at its lowest levels since November 10, 2024, BTC remains under heavy bearish pressure, with bulls facing an uphill battle to regain control. The market has been in a consistent downtrend since late January, and fear continues to push lower price targets as investors speculate whether the Bitcoin bull cycle is over. With global uncertainty and macroeconomic instability weighing on risk assets,…
A Democrat lawmaker has called on the US Treasury to “cease all attempts” to create a strategic crypto reserve in the United States, citing conflicts of interest with US President Donald Trump and arguing that a stockpile would not benefit the American people.House Representative Gerald E. Connolly of Michigan criticized the “cryptocurrency reserve” in a March 13 letter to Treasury Secretary Scott Bessent, stating that it provides “no discernible benefit to the American people” and would instead significantly enrich the president and his donors.Connolly, who didn’t discern between the Strategic Bitcoin Reserve and the Digital Asset Stockpile, said Trump’s plans…
European consumers have shown minimal interest in adopting a central bank digital currency (CBDC), raising concerns for the European Central Bank (ECB) as it prepares for a potential rollout of the digital euro.An ECB working paper on “Consumer attitudes towards a central bank digital currency,” which surveyed about 19,000 respondents across 11 euro-area countries, highlighted significant communication challenges that are discouraging European households from adopting the digital euro. When asked to hypothetically allocate 10,000 euros (roughly $10,800) across various assets, Europeans allocated only a small portion to the digital euro, having little impact on traditional liquid assets like cash, current accounts…
If the price of Ether (ETH) falls by a further 20%, the price decline could trigger a cascade of up to $336 million in decentralized finance (DeFi) liquidations, according to Kevin Rusher, founder of the real-world asset (RWA) lending platform RAAC.The executive warned that a decline to $1,857 would trigger $136 million in liquidations, and a price drop to $1,780 could potentially trigger an additional $117 million in loan liquidations — making these the next price levels to watch.Rusher added that the worst-case scenario would be a 20% drop in ETH’s price to around the $1,500 price level, which could…
XRP bulls are making a strong push, but the $2.2546 resistance level is proving to be a tough barrier. After a steady upward climb, buying momentum has weakened as sellers step in to defend this key level. A successful breakout could signal a continuation of the uptrend, driving XRP toward new highs and reinforcing positive sentiment in the market. However, if buyers fail to overcome this hurdle, XRP may face a pullback, with traders eyeing lower support levels for stability. Market participants are closely monitoring whether the bullish momentum is strong enough to push past the resistance or if selling…
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Ripple’s XRP, one of the top-performing cryptos last year, is trading between $2.15 and $2.30. The token’s current price is a far cry from its 52-week high of $3.38 last January 17th, which was spurred by the industry’s excitement…
Fan tokens are transforming fan engagement by giving supporters unique privileges and voting rights. As more teams, brands, and industries adopt this technology, fan tokens are evolving beyond sports, creating new opportunities for interaction and investment. Their growing presence signals a promising future in digital fan experiences.What are fan tokens?Source: GamefinityA fan token is a type of cryptocurrency issued by sports clubs, entertainment brands, or influential figures to enhance fan engagement and strengthen their connection with supporters. Unlike traditional cryptocurrencies like Bitcoin or Ethereum, which are mainly used for transactions, fan tokens offer unique membership rights ownership, allowing holders to…