Bitcoin’s Drop on Thursday Spurred Panic Sales Among Short-Term Holders: Van Straten

Short-term holders sent over $2 billion of Bitcoin to exchanges at a loss on Thursday. This was the highest amount since August, signaling panic selling as Bitcoin dipped below $70,000. The activity involved 54,000 BTC, the highest volume since March 271. The sell-off wasn’t limited to Bitcoin. About $1 trillion was wiped from the US […]Is Stake Legal in Saudi Arabia?

Crypto Bulls Face Second-Largest Liquidation Day in October as Bitcoin Dips

The crypto market saw a massive $101 million liquidation in just one hour. This sudden volatility hit both long and short positions hard. Bitcoin was at the center of this market storm1. Ethereum took a big hit, dropping 2.38% in 24 hours. It had the highest liquidation among major cryptocurrencies11. The ETH/BTC ratio fell 33.5% […]Is Stake Legal in Saudi Arabia?