Altcoin Bloodbath Triggers $367 Million Long Liquidations in Derivatives Market

Altcoin prices plunged, forcing traders who bet on them going up to sell (long squeeze). This volatility hit memecoins hard too. Expect short-term chaos as investors re-think their crypto strategy. Long-term impact unclear, but it's a reminder of crypto's risk and reward.

2024-06-19Read

Altcoin Season: A Deep Dive into Post-Downturn Opportunities

The article discusses the recent struggles of altcoins, particularly smaller ones, which have underperformed Bitcoin since March 2024. Despite the correction, there's optimism for a future rebound in certain altcoins, especially mid-cap and small-cap projects. While an immediate altcoin season seems unlikely, AI-powered cryptocurrencies and new meme coins with strong communities are highlighted as potential areas of future growth. However, thorough research and caution are advised before investing in any cryptocurrency.

2024-06-21Read

XRP Struggles Amidst Ongoing Lawsuit and Bearish Market Sentiment

Uncertainties cloud XRP's future as the price tumbles due to the ongoing SEC lawsuit and a broader cryptocurrency market downturn. Investor capitulation and short selling add pressure. Will XRP bounce back? Dive into the analysis for key takeaways and future considerations.

2024-06-28Read

GambleFi: Transforming Everyday Betting with On-Chain Technology

Explore how GambleFi utilises on-chain technology to enable betting on everyday occurrences, with platforms like Polymarket leading the charge. Understand the benefits and implications of this innovation in the betting industry.

2024-07-03Read

The Significant Drop in Pendle's Total Value Locked: An In-Depth Analysis

This article provides a comprehensive analysis of the recent drop in Total Value Locked (TVL) on the Pendle platform, examining factors contributing to the decrease from $6.3 billion to $3.49 billion. It includes market trends, user activity, and potential future implications for the Pendle ecosystem.

2024-07-04Read

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