Liquidations


Finance

B.Protocol Raises $2.2M to Backstop DeFi Liquidations

1kx, Spartan Group and Robot Ventures are backing a project that aims to smooth DeFi’s sometimes-hairy liquidation events.

(Maximalfocus/Unsplash)

Markets

Bitcoin Drops 5%, Slipping Below $50K on Leverage Washouts

Some $187 million of crypto trading positions were liquidated over the past 24 hours.

24-hour Bitcoin Chart (Messari)

Markets

Market Wrap: Bitcoin Plummets as El Salvador Buys the Dip

Bitcoin tumbled below $46K, triggering billions in long position liquidations.

Bitcoin 24-hour chart (CoinDesk)

Markets

BTC Briefly Dropped Below $40K on Huobi Amid Massive Liquidation

More than $3 billion in long positions were liquidated on Tuesday.

BTC/USDT trading pair on Huobi.

Markets

Market Wrap: Musk-Induced Sell-Off Spurs Crypto Price Drop Before a Slight Recovery

Bitcoin dipped below $36K and ether fell under $2.6K on Tesla CEO’s bearish tweets, wiping out some leveraged players in the market.

CoinDesk XBX Index

Markets

Bitcoin Drops Below $31K Before Rebounding; $8B in Liquidations Triggered

The price of bitcoin is now down more than 30% so far in May, on track for its worst month since November 2018.

The bitcoin price has slipped below the key 200-day simple moving average.

Markets

South African Cryptocurrency Exchange iCE3 Goes Into Liquidation

The company told customers withdrawals from the platform have been disabled, and they will get further details Wednesday.

Cape Town, South Africa

Finance

Users of Hacked Exchange Cryptopia Can Now Make Claims to Recover Funds

The liquidator of the defunct cryptocurrency exchange has opened a portal so former users can begin making claims to retrieve their trapped funds.

Cryptopia

Markets

Flash Crash: Bitcoin Price Slides by $1.4K in Minutes

Bitcoin's sudden price drop triggers a long squeeze across major exchanges.

Bitcoin prices, August 2, 2020.

Markets

Expectations for Even Further Bitcoin Gains Keep Lid on Futures Contracts Liquidations

Only $133 million in futures were liquidated on BitMEX as bitcoin soared above $11,400.

Bitcoin futures liquidations on BitMEX since July 2019

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