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Showing posts with the label october

$3,460,000,000 Worth of Crypto Assets Set To Hit Altcoin Markets Next Month, According to Token Unlocks

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New data from tokenomics insights firm Token Unlocks reveals that billions of dollars worth of crypto assets are expected to pour into markets in October. In a new thread on the social media platform X, the market intelligence platform says that $3.46 billion worth of digital assets are scheduled to be unlocked next month, including modular blockchain Celestia (TIA), artificial intelligence token Worldcoin (WLD) and smart contract platform Solana (SOL). “Uptober is just around the corner. Stay Informed, not FOMO (fear of missing out)-driven. With $3.46 billion in token unlocks scheduled for the month, it’s essential to keep a close eye on the market. Key unlocks include: $1.12 billion TIA, $336.31 million WLD, $360.8 million SOL, [and] $1.65 billion of other tokens.” Source: Token Unlocks/X According to the firm’s data, the biggest week in crypto in terms of token unlocks for the rest of the year will be between October 28th and November...

Crypto liquidations hit $200m amid Bitcoin dip

Crypto liquidations rose to over $200 million in 24 hours as Bitcoin (ETH) and Ethereum (ETH) dipped. Analysts are however bullish on BTC price as September looks poised to end on a green note. The crypto market saw over $200 million in crypto liquidations as Bitcoin slipped to near $64k amid fresh bear moves. According to data from Coinglass, the cryptocurrency market saw total liquidations in the past 24 hours surge by 128% to more than $200 million. This came as Bitcoin (BTC) fell 4% to near $63,100 on September 30.   24-hour liquidations Having posted a significantly better performance in September contrary to expectation with a spike to $66k, BTC retreated sharply to pull most altcoins lower. With Ethereum (ETH) also dumping to under $2.6k amid latest selling from the Ethereum Foundation, total longs rekt soared to $164 million. Shorts accounted for about $37 million in 24-hour liquidations at the time of writing. Crypto liquidation represen...