Bullish Bitcoin (BTC) positions using leverage on the Bitfinex exchange surged to their highest level in nearly six months, reaching 80,333 BTC on March 20—equivalent to $6.92 billion. The 27.5% increase in Bitcoin margin longs since Feb. 20 has fueled speculation that the 12.5% BTC price gain from the $76,700 low on March 11 is driven by leverage and may not be sustainable. Bitfinex BTC margin longs, BTC. Source: TradingView / Cointelegraph However, Bitcoin’s price does not always move in tandem with bullish leveraged positions on Bitfinex. For example, in…
Day: March 20, 2025
Solana Futures ETFs Hit Wall Street — Will SOL Soar Or Crash?
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Florida-based Volatility Shares LLC is launching two exchange-traded funds (ETFs) tied to Solana futures. According to a filing with the US Securities and Exchange Commission (SEC), these products will…
Foundry, Antpool, and Viabtc Dominate Bitcoin Mining: Here’s Why
Bitcoin mining pools Foundry, Antpool, and Viabtc collectively command over 65% of the network’s global hashrate, amplifying their dominance through scale, competitive fee models, and tailored incentives for participants. What Are Mining Pools? Collaborative mining pools aggregate computational resources from individual miners to enhance block discovery odds, distributing rewards based on contributed hashpower. As of […] Original
XRP News: XRPTurbo Presale Rages On As Ripple Investors Flock To Secure $XRT At A Discounted Price Before Exchange Listing
This content is provided by a sponsor. In the latest XRP news, XRPTurbo’s token presale is racing toward the finish line with less than 10 days remaining. Investors are flocking to secure $XRT tokens before this presale window closes. XRPTurbo, an AI-driven launchpad on the Ripple blockchain ( XRP Ledger), has allocated 60% of its […] Source
Pump.fun’s New Pumpswap Exchange Targets Solana’s Meme Coin Ecosystem
Pump.fun launched Pumpswap, its proprietary decentralized exchange (DEX) on the Solana blockchain, on March 20, 2025, to facilitate the trading of tokens created through its platform, according to the platform’s X account. Pump.fun Launches Pumpswap DEX Pumpswap operates with a 0.25% transaction fee, allocating 0.20% to liquidity providers and 0.05% to the protocol. The DEX […] Source
Pump.fun launches own DEX, drops Raydium
Pump.fun has launched its own decentralized exchange (DEX) called PumpSwap, potentially displacing Raydium as the primary trading venue for Solana (SOL) memecoins. Starting on March 20, memecoins that successfully bootstrap liquidity, or “bond,” on Pump.fun will migrate directly to PumpSwap, Pump.fun said in an X post. Previously, bonded Pump.fun tokens migrated to Raydium, which emerged as Solana’s most popular DEX largely thanks to memecoins trading activity. According to Pump.fun, PumpSwap “functions similarly to Raydium V4 & Uniswap V2” and is designed “to create the most frictionless environment for trading coins.”…
Bitcoin Miners Feel the Squeeze as Hashprice Erases Post-Election Gains
Bitcoin miners are facing renewed financial pressure as declining transaction fees and a hashprice drop push operational costs higher, according to TheMinerMag’s February 2025 report. Bitcoin’s hashrate climbed 3.8% in February to 810 EH/s, showing a slowdown in mining competition growth. However, the hashprice (the revenue that miners earn per unit of computing power) slipped to $45/PH/s, wiping out gains from the U.S. election-driven price surge. At this level, inefficient miners are feeling the strain. Transaction fees made up just 1.3% of total block rewards in February, marking their lowest…
Trump’s pro-crypto address at DAS boosts Bitcoin confidence: expert
U.S. President Donald Trump’s address at Blockworks’ Digital Assets Summit in New York is a sign of how big crypto has become in the finance space, Dan Greer, co-founder of Defi App, says. According to Greer, the president delivered a pro-innovation address that cements his administration’s pro-crypto stance. In his speech during Blockworks’ Digital Assets Summit in New York on Thursday, Trump talked about stablecoin legislation, the strategic Bitcoin (BTC) reserve and the negative impact of crypto debanking. On stablecoin legislation, Trump has called for Congress to pass the bill…
1 Million Bitcoin In New Whale Hands—A Mega BTC Rally On The Horizon?
They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer…
ZachXBT says he unmasked mysterious 50x Hyperliquid whale
Onchain sleuth ZachXBT said he had identified the mysterious whale who profited $20 million from highly leveraged trades on Hyperliquid and GMX as a British hacker going by the name William Parker. According to ZachXBT’s March 20 X post, Parker — who was previously known as Alistair Packover before changing his name — was arrested last year for allegedly stealing around $1 million from two casinos in 2023. Parker also made headlines a decade ago for allegations of hacking and gambling, ZachXBT said. “It is abundantly clear WP/AP has not…