Flash Crash

XRP Plummets 56% in One Candle, Bitmex Traders Outraged Over Flash Crash

</header> <strong>A number of <a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/XRP” target=”_blank” rel=”noopener noreferrer”>XRP</a> traders are complaining about massive liquidations on Bitmex as the price of <a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/XRP” target=”_blank” rel=”noopener noreferrer”>XRP</a> spiked and was brought down by 56% in a single candle. After the incident, well known traders with leveraged positions took to Twitter to complain about the …

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Bitcoin Price Slides 2% After Deribit, Coinbase Flash Crash

Another flash crash has occurred for bitcoin (BTC), this time appearing on the Coinbase Pro and Deribit exchanges. At 19:55 UTC on Oct. 31, BTC’s spot price dipped from $9,260 to $9,055 in quick succession on Coinbase’s exchange for professional traders. An hour later, Deribit, a futures and options exchange for BTC, saw futures prices …

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Market Outlook: Traders Play New Positions After Massive Drop in Crypto Prices

<header class=”article__header”> </header> <strong>On September 24, digital currency markets saw significant losses as the entire cryptoconomy lost $35 billion in a short period of time. Cryptocurrency enthusiasts and traders are now even more uncertain to where markets are headed in the short term. The sudden sell-off that took place on Wednesday afternoon was unexpected and …

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Stablecoins Are Threatened by These Two Major Issues

<strong>On the heels of recent commentary from the published correspondence between Securities and Exchange Commission (SEC) chairman Jay Clayton and representative Ted Budd, SEC senior advisor Valerie Szczepanik explained at Austin’s SXSW conference that stablecoins may be violating current securities laws.</strong> Also read: Payglobal Provides Cryptocurrency to Fiat Transfers With Existing Bank Cards Stablecoins May …

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