XLM jumps from $0.14 to $0.22 after short liquidations near $10M, with traders tracking $0.24 and $0.25 resistance zones. XLM moved sharply from the $0.14 zone to near $0.22 after several flat sessions, as traders tracked a rapid sweep of leveraged short positions. The move placed Stellar back into a key resistance area, while market […]
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Traders watching Stellar’s 40% weekly surge are now turning their attention to XRP, asking whether the older and larger token could be next. The two assets share a long history of moving in tandem, and some analysts say the setup is starting to look familiar. Related Reading: Unknown Wallet Destroys $8.5 Million In Bitcoin In Shocking Burn XRP And XLM: A Recurring Pattern Analyst Kevin Cage pointed out that while XLM broke out after months of sideways trading, XRP has remained range-bound. Reports indicate that if momentum picks up, some traders are projecting a move toward the $1.76 to $2 range for XRP sometime in June. XRP itself posted a 2.50% gain in the past 24 hours, though it remains down 2.50% over the last seven days and about 5% over the past month. The price was last seen hovering near the $1.23 to $1.30 liquidity zone on Coinbase‘s spot market. $XRP orderbook on Coinbase is still heavily skewed towards bids (nearly 7x on the large bands) Now this doesn’t automatically mean
More than 172,000 traders were liquidated in a single day as Bitcoin’s losses piled up, pushing the cryptocurrency out of the world’s top 10 largest assets by market cap. Bitcoin now sits at 13th place, trailing gold, NVIDIA, Apple, Microsoft, and silver, among others. Related Reading: Unknown Wallet Destroys $8.5 Million In Bitcoin In Shocking Burn Longs Take The Brunt Total crypto liquidations reached $921 million within 24 hours, with Bitcoin alone accounting for $352 million. Ethereum followed at $241 million, while XRP, ZEC, HYPE, SUI, DOGE, and NEAR recorded the remaining losses. Long positions made up more than 90% of all liquidations, a sign that traders had bet on a price recovery that never came — resulting in forced selling rather than new bearish bets. Four-hour liquidations hit $95 million, with longs at $55 million and shorts at $39 million. Across exchanges, Hyperliquid and Bybit saw heavy long liquidations, OKX leaned toward short liquidations, and Binance recorded equa
The massive liquidation highlights the risks of high leverage in volatile markets, potentially amplifying price movements and market instability.
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Ethereum is clinging to support near $1,800 as rising leverage, crowded longs, and persistent U.S. spot ETF outflows deepen downside risks for the second largest cryptocurrency. Ethereum (ETH) price is extending a weak trend after losing the psychologically important $2,000…
DTCC and the Stellar Development Foundation plan to enable DTC-custodied assets to be tokenized on the Stellar network in the first half of 2027. The move expands DTCC’s multi-chain strategy for bringing traditional market assets onto regulated digital rails. Key Takeaways: DTCC and Stellar plan DTC asset tokenization on Stellar by H1 2027. SEC’s 2025 […]
A May 28 morning slide to a session low of $72,642 pushed bitcoin closer to locking in an overall loss for May, extending a weeklong retreat from its May 25 peak of $78,000. Key Takeaways: Bitcoin fell to a session low of $72,642 on Thursday morning, threatening to close May with a monthly loss. Volatile […]
