Category crypto

Bitcoin Longs Face Liquidation

Bitcoin long positions face liquidation as price drops Bitcoin long positions are under pressure as the price drops, with analysis suggesting that leveraged long positions are being flushed out. The correlation between Binance open interest and price reached 0.25 on T

Ethereum Shifts L1 Cryptography Roadmap

Ethereum drops Poseidon for SHA or BLAKE hashes Ethereum's L1 cryptography roadmap is moving away from Poseidon to traditional hash functions such as SHA or BLAKE. This shift is due to advances in binary-field SNARKs, which now allow traditional hashes to be proven

Bitcoin Falls Below $63,000

Bitcoin dips below $63,000 as oil and yields rise Bitcoin fell below $63,000 due to rising oil prices and bond yields. The increase in oil prices and bond yields has weighed on risk assets. WTI crude climbed above $82 a barrel, while the yield on the U.S. 1