Key Notes ENA outperformed major cryptocurrencies during Friday’s market downturn, recovering from previous de-peg concerns. Binance’s $400 million reimbursement fund helped restore investor confidence in Ethena’s stablecoin ecosystem. The platform expanded its stablecoin infrastructure …
Tag:
1.2B
- Bitcoin & Ethereum
Credit Market’s ‘Cockroach’ Problem Hits BTC as $1.2B Gets Liquidated: Crypto Daybook Americas
by adminby adminBy Francisco Rodrigues (All times ET unless indicated otherwise) Bitcoin BTC$105,247.40 slipped below $105,000, wiping out all of its early-week gains, as mounting concerns over credit market stress and a wave of forced liquidations …
- Blockchain Research
NFT Market Rebounds After $1.2B Wipeout in Friday’s Crypto Crash
by adminby adminThe non-fungible token (NFT) market showed early signs of recovery after a steep sell-off wiped out about $1.2 billion in market capitalization during the crypto market crash on Friday. According to CoinGecko data, the …