Ethereum ($ETH) is on a powerful upswing, triggering a massive $40 million short liquidation in the past hour alone, as bullish traders push the second-largest cryptocurrency higher. Market Snapshot: Asset: Ethereum ($ETH) Liquidations: $40M in shorts (last 60 mins) Price Action: Strong upward momentum following BTC’s surge past $120K. Why It Matters: Short Squeeze Surge…
In a groundbreaking move for digital assets, President Donald Trump has officially signed an executive order that opens the $12.5 trillion 401(k) retirement market to cryptocurrency investments, marking a historic milestone for crypto adoption in the United States. What the Executive Order Means: Crypto Access in 401(k)s: Americans will now be able to allocate a…
In a historic move, China is preparing to allow the launch of its first cryptocurrency-backed stablecoin, according to a report by the Financial Times. This represents a major shift in Beijing’s stance on digital assets, which were previously subject to strict bans and regulatory crackdowns. What We Know: The new stablecoin will be pegged to…
In a landmark decision that underscores its commitment to becoming a global crypto hub, Dubai has officially approved the first cryptocurrency options trading license, opening the door for regulated derivatives trading in the region. Issued by VARA Dubai’s Virtual Assets Regulatory Authority (VARA) confirmed the issuance of the license to a yet-undisclosed trading platform, marking…
Global investment giant Goldman Sachs, which manages over $3 trillion in assets, now expects the Federal Reserve to begin cutting interest rates as early as September 2025, marking a pivotal shift in U.S. monetary policy. Why It Matters: 🔻 Cooling Inflation Recent CPI and PCE data suggest that inflationary pressures are easing, giving the Fed…
Ethereum ($ETH), the world’s second-largest cryptocurrency by market cap, has reclaimed the $3,700 mark, reflecting renewed investor confidence and increased institutional inflows amid a broader crypto market rally. Key Highlights Current ETH Price: $3,700+ 24H Performance: ETH is up nearly 6% in the last 24 hours Market Sentiment: Strongly bullish ahead of expected ETF inflows…
In the past 60 minutes, a staggering $125,000,000 has been liquidated from the cryptocurrency market, reflecting a wave of sudden price volatility that caught traders off guard. What Happened? Massive leverage wipeouts hit both long and short positions as Bitcoin and major altcoins swung unpredictably. Traders using high-margin positions on exchanges like Binance, OKX, and…
CentBit.Online – Crypto & Blockchain Expert, Bangladesh In a bold statement signaling a major shift in policy tone, US Treasury Secretary Joanna Bessent has declared that “the United States has entered the Golden Age of Crypto.” The remarks were made during a press briefing today in Washington, D.C., where she emphasized the nation’s commitment to…
CentBit.Online – Crypto & Blockchain Expert, Bangladesh The cryptocurrency market witnessed a massive liquidation event over the past 24 hours, with $805 million wiped out from leveraged positions across major exchanges, according to data from Coinglass. Why It Matters: The sharp liquidation reflects extreme volatility in the market, with sudden price swings triggering margin calls…
Washington, D.C. — In a landmark declaration, the White House has acknowledged that cryptocurrency and blockchain technology possess the power to “revolutionize the U.S. financial system.” This statement signals a significant policy shift and suggests a broader institutional embrace of decentralized technologies at the highest levels of government. “Crypto and blockchain can revolutionize how we…
