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$715M got liquidated in last 24 hour


Market is down by 8% today and trader are affected badly. Trading comes with its own risk nearly $750M got liquidated in 24 hours.

In the past 24 hours , 182k traders were liquidated.

$BTC : $287.61M
$ETH: $192.32M
$ADA: $12.64M
$SOL: $11.71M
$DOT: $9.55M
$NEAR: $9.54M
$FTM: $9.40M
$XRP: $8.69M

Exchange Liquidations

#Binance: $203.28M
#Okex: $203.10M
#FTX: $101.32M
#Bybit: $60.12 M
#Bitmex: $49.74M
#Bitfinex: $41.92M
#Deribit: $33.39M
Binance is the leading crypto exchange platform in terms of trading volume, having users spread across the globe, outperforming Coinbase, Kraken, Bybit, and OKX in trading volume.

Explore top crypto exchanges that are sculpting our digital economy.



#cryptoexchange #binance #coinbase #kraken #bybit #okx #coinpedia
Top #CryptoNews This Week

1️⃣ #Grayscale's #GBTCETF nets $28.195 million, while #Fidelity's #FBTC leads with $379 million inflow.

2️⃣ SEC Chair #Gensler suggests slow #ETHETF approval, criticizes #cryptoexchanges' activities as unconventional.

3️⃣ ECB cuts rates by 25 basis points, forecasts inflation increase, expects moderate easing amid strong domestic pressures.

4️⃣Bank of Canada cuts rates to 4.75%, aiming to support economic growth amid declining #inflation.

5️⃣#Bitpanda partners with Deutsche Bank for real-time #crypto payments, enhancing German user experience.

6️⃣ #Robinhood to acquire Bitstamp for $200 million, subject to regulatory approval, expanding global presence

7️⃣ #Bybit opens registration for mainland China users, causing internal panic; aims to tap into new markets

8️⃣ Chinese student sentenced to 4 years for #Memecoin fraud; issued BFF causing losses over 50,000 USDT

9️⃣#Vitalik Buterin criticizes celebrity involvement in crypto, calls for focus on public interest initiatives
Top #CryptoNews This Week

1️⃣ U.S. #CPI May:
Annual CPI rate for May: 3.3%, lower than expected, #interest rates unchanged.(5.25% to5.5%)

2️⃣ #Biden #Cryptocurrency Donations:
Biden's team discussing cryptocurrency donations via #Coinbase Commerce to attract crypto-supporting voters.

3️⃣ Trump on #Bitcoin:
Trump advocates for U.S. Bitcoin mining, criticizes Biden's stance on cryptocurrency.

4️⃣ SEC Spot #ETH #ETF:
SEC Chair expects ETH spot ETF approval by summer's end, clarifies crypto compliance issues.

5️⃣#Vitalik suggests improving crypto use with zk proofs, decentralized networks, and privacy enhancements.

6️⃣ #Binance nance surpasses 200 million users, addresses trading incidents, and focuses on blockchain applications.

7️⃣#Bybit relocating staff to Malaysia, Dubai after opening registration for Chinese users.

8️⃣ #Tether to invest over $1 billion in emerging markets, #AI, and biotechnology.

9️⃣ #MicroStrategy plans to raise $700 million via private placement to buy more Bitcoin.
📊 Top 5 #Crypto Exchanges by Trading Volume! 🚀💰

1️⃣ #Binance: $14,455,213,259.79
2️⃣ #Coinbase: $1,943,335,963.46
3️⃣ #OKX: $2,042,986,965.06
4️⃣ #Bybit: $4,209,395,735.01
5️⃣ #Upbit: $920,690,331.03

These exchanges are dominating the crypto market with massive trading volumes. Which one is your favourite?

Let us know in the comments.
Top #CryptoNews This Week

1️⃣
#VanEck applies for first #SolanaETF in the U.S., emphasizing blockchain benefits.

2️⃣ SEC nears approval for
#Ethereum spot #ETF launch by July 4th.

3️⃣ Former President Trump considers speaking at
#Bitcoin 2024 conference in Nashville.

4️⃣ Biden reappoints Carole House as special advisor on
#cryptocurrency to NSC.

5️⃣ Nomura: 54% of Japanese institutional investors plan cryptocurrency investments by 2027.

6️⃣ Bolivia lifts ban on
#Bitcoin and cryptocurrencies; not legal tender.

7️⃣ Turkish Parliament passes law requiring
#crypto service providers' authorization.

8️⃣
#Binance bans 297 accounts involved in Megadrop fraud attempt.

9️⃣
#Bybit undergoes senior management reshuffle amid operational adjustments.

🔟
#MtGox to start repaying creditors in #BTC and #BCH from early July 2024.

1️⃣1️⃣US court allows SEC to proceed with most claims against Binance, rejecting
#BNB trading illegality.
Top #CryptoNews in Past 12Hours

1️⃣
#Coinbase earned $1.45 billion and $596 million #EBITDA in Q2. Transaction revenue fell 27%.

2️⃣Under
#MiCA pressure, #Bybit ceased services in France, liquidating positions by August 13.

3️⃣
#Genesis Trading transferred 40,000 ETH worth $126.68 million, likely for bankruptcy liquidation.

4️⃣
#MicroStrategy held 226,500 bitcoins worth $14.4 billion and planned to raise $2 billion to buy more BTC.

5️⃣On August 1, Ethereum spot ETF saw $26.75M inflow; Grayscale had $78M outflow.

6️⃣
#AEVO dropped from $3.7 to $0.44; OKX founder criticized token release practices.

7️⃣On August 1,
#BitcoinETFs saw $50.64M net inflow; Grayscale had $71.33M outflow.

8️⃣YouHodler analyst Ruslan Lienkha said Harris's rising election chances could have negatively affected
#Bitcoin’s price.
Spot vs. Derivatives: A Combined Market Share Overview for August 2024

🔹The #Crypto giant #Binance holds a commanding 38.7% of the combined spot and derivative #CEX market, outpacing all competitors.

🔹#Bybit has set new records, with its spot market share at 9.89% and derivatives at 15.9%, matching #BNB's achievements.

🔹With a 13.3% market share, #OKX solidifies its place as a major player in the CEX space.

Source:
@CCData_io


#CoinPedia #cryptomarket #Blockchain #cryptocurrency
🚨BREAKING: #Bybit Launches World’s First #Crypto #Islamic Account

🔵Innovative Offering:
Bybit introduces the world's first Shariah-compliant crypto account.

🔵Trading Options: Features include spot trading with 75 compliant tokens, a DCA trading bot, and a Spot Grid Bot.

🔵Expert Guidance: Consultation with ZICO #Shariah ensures adherence to Islamic finance principles.

🔵Expanded Access: This initiative opens crypto trading to a broader audience respecting #Shariahlaws.

#CryptoNews #Cryptomarket
Crypto App Leaderboard

➡️ In September 2024, #Binance topped the #cryptocurrency app market with 9.9 million downloads, a 70% increase from last month.

➡️ Meanwhile, #BitgetWallet and #Bybit followed with 5.8 million and 4.5 million downloads, respectively.

#CoinPedia #CryptoNews #Blockchain
🚨 Just in: As #Bybit, #OKX, and #DEX platforms grow, Binance and http://Crypto.com are experiencing a decline in market share.

#CoinPedia #CryptoNews #Blockchain #Binance