Latest news with #HTX
Yahoo
14 hours ago
- Business
- Yahoo
Bitcoin, Ethereum, Dogecoin Climb On Trump-EU Trade Pact — Analyst Says This 'Risk-Off' Signal Could Be Critical As BTC Drives Entire Crypto Market
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Major cryptocurrencies posted gains on Sunday evening as markets reacted positively to the Donald Trump administration's landmark trade agreement with the European Union, with analysts attributing the improved risk sentiment to driving momentum in digital Gains +/- Price (Recorded at 11.26 p.m. ET) Bitcoin (CRYPTO: BTC) +1.09% $119,385 Ethereum (CRYPTO: ETH) +2.68% $3,877 Dogecoin (CRYPTO: DOGE) +1.96 $0.2433 The crypto market capitalization reached $3.96 trillion, up 1.40%, with Bitcoin maintaining 60.1% dominance and Ethereum holding 11.9% market share. United States Secretary of Commerce Howard Lutnick announced Sunday on X that 'President [Donald] Trump just unlocked one of the biggest economies in the world,' describing the EU's commitment to open its $20 trillion market and accept U.S. auto and industrial deal includes EU purchases of $750 billion in American energy and $600 billion in U.S. investments, with tariffs set at 15% across the board. 'Today is a historic day for U.S. trade and will strengthen our relationship with the European Union for decades to come,' Lutnick said. Despite positive sentiment, crypto markets experienced significant liquidations over 24 hours, with 90,805 traders liquidated totaling $231.04 million, according to CoinGlass. The largest single liquidation occurred on HTX's ETH-USDT pair, valued at $2.68 million. The CMC Crypto Fear and Greed Index registered 67, indicating Greed, up from 64 yesterday and matching last week's reading. The index peaked at 88, signaling Extreme Greed, in November 2024 and bottomed at 15, reflecting Extreme Fear, in March 2025. Gold retreated to $3,330 per ounce following three consecutive losing sessions as the U.S.-EU agreement reduced safe-haven demand. The U.S. Dollar Index dipped to 97.5 as the euro strengthened post-agreement. Broader markets showed strength with S&P 500 Futures at 6,451.75, up 0.42%. Nasdaq-100 Futures rose 0.56% to 23,552.50. The Dow remained at 44,901.92, unchanged from Friday. The week ahead features Federal Reserve policy meetings and key economic data, including Job Openings and Labor Turnover Survey, ADP employment, and nonfarm payrolls, with the PCE price index monitored for tariff-related inflation pressures. Top Gainers (24-Hours)Cryptocurrency Gains +/- Price (Recorded at 11.26 p.m. ET) PanCakeSwap (CAKE) +13.72% $3.22 SPX6900 (SPX) +11.41% $2.20 Jupiter (JUP) +9.70% $0.6130Analyst Take: Crypto analyst Willy Woo highlighted Bitcoin Vector's Risk-Off Signal, noting the current 97-day streak represents the second-longest in three years. 'Bitcoin drives the entire crypto market. Knowing when it flips risk-off is critical,' Vector stated, emphasizing the signal's effectiveness in identifying early transitions before major Michaël van de Poppe observed Bitcoin testing range resistance over the weekend, suggesting a potential Monday correction before upward movement. 'Bitcoin attacking $120,000 is an interesting case as there's another extension in the trade war,' van de Poppe Next: $100k+ in investable assets? Match with a fiduciary advisor for free to learn how you can maximize your retirement and save on taxes – no cost, no obligation. If there was a new fund backed by Jeff Bezos offering a 7-9% target yield with monthly dividends would you invest in it? Photo courtesy: Shutterstock This article Bitcoin, Ethereum, Dogecoin Climb On Trump-EU Trade Pact — Analyst Says This 'Risk-Off' Signal Could Be Critical As BTC Drives Entire Crypto Market originally appeared on
Globe and Mail
5 days ago
- Business
- Globe and Mail
HTX-Listed Token SPK Surges 43% on July 23
Panama City, Panama--(Newsfile Corp. - July 24, 2025) - According to data from HTX, a global leading crypto exchange, SPK, the native token of Spark, surged 43% on July 23. SPK/USDT spot trading and SPK/USDT perpetual futures are available on HTX. HTX-Listed Token SPK Surges 43% To view an enhanced version of this graphic, please visit: Spark is an on-chain capital allocator, with $3.86B deployed across DeFi, CeFi, and RWA. It unlocks capital efficiency at scale, auto-balancing allocations based on market conditions while maintaining a conservative risk profile. Spark was created to solve DeFi's core inefficiencies: fragmented liquidity, unstable yields, and idle stablecoin capital. It acts as a two-sided capital allocator—borrowing from Sky's $6.5B+ reserves and deploying across DeFi, CeFi, and RWAs to provide deep, consistent liquidity. Rather than competing with protocols, Spark powers them as the liquidity and yield infrastructure for onchain finance. Spark's key offerings include SparkLend, a stablecoin lending market; Spark Savings, a product for earning yield on stablecoins by converting them into yield-bearing assets; and Spark Liquidity Layer (SLL), a backend capital allocator that routes liquidity to other protocols like Aave, Morpho, and RWAs. About HTX Founded in 2013, HTX has evolved from a virtual asset exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, research, investments, incubation, and other businesses. As a world-leading gateway to Web3, HTX harbors global capabilities that enable it to provide users with safe and reliable services. Adhering to the growth strategy of "Global Expansion, Thriving Ecosystem, Wealth Effect, Security & Compliance," HTX is dedicated to providing quality services and values to virtual asset enthusiasts worldwide.
Yahoo
6 days ago
- Business
- Yahoo
$1.29B in Crypto Liquidations Just Rocked the Market—Here's What Seasoned Traders Are Watching Next
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. The cryptocurrency market just experienced one of its most brutal liquidation events in recent memory, with $1.29 billion wiped out in a single 24-hour period. As 277,309 traders saw their positions forcibly closed, the carnage reveals both the explosive growth and inherent risks of leveraged crypto trading. The Liquidation Breakdown: Longs vs. Shorts The data tells a compelling story of market sentiment gone wrong. Short positions—bets that prices would fall—bore the brunt of the damage across all timeframes: 24-Hour Liquidations: Long positions: $149.15 million liquidated Short positions: $1.14 billion liquidated This 8-to-1 ratio suggests that many traders were caught off-guard by an unexpected price surge, forcing exchanges to automatically close their losing short positions. The pattern held consistent across shorter timeframes, with shorts consistently outpacing long liquidations by significant margins. Don't Miss: — no wallets, just price speculation and free paper trading to practice different strategies. Grow your IRA or 401(k) with Crypto – . The $88.55M Single Trade That Shook HTX Perhaps most striking was the largest single liquidation: an $88.55 million BTC-USDT position on HTX exchange. This massive trade represents either an institutional player's catastrophic miscalculation or a whale's leveraged bet that went spectacularly wrong. Such large liquidations can trigger cascading effects, as exchanges dump the underlying assets to cover losses, further pressuring prices. What This Means for Different Types of Investors For Retail Investors: This liquidation event serves as a stark reminder of leverage's double-edged nature. While 100x leverage can amplify gains, it can also lead to complete account wipeouts with relatively small price movements. The fact that nearly 300,000 traders were liquidated in just 24 hours demonstrates how quickly fortunes can reverse. For Institutional Players: The heavy concentration of short liquidations suggests that many sophisticated traders may have been positioning for a market downturn that never materialized. This could indicate a broader shift in market sentiment or the influence of unexpected catalysts that caught even experienced traders off-guard. Trending: New to crypto? on Coinbase. The Broader Market Context Liquidation events of this magnitude don't occur in isolation. They typically coincide with: Significant news events or regulatory announcements Technical breakouts that surprise overleveraged traders Coordinated moves by large market makers Broader macroeconomic shifts affecting risk appetite The predominance of short liquidations suggests the market moved higher than expected, potentially breaking through key resistance levels that many traders had bet against. Key Takeaways for Navigating Volatile Markets Risk Management Is Everything: The traders who survived this liquidation event likely had proper position sizing and risk management protocols. Never risk more than you can afford to lose, especially with leverage. Sentiment Can Shift Rapidly: The heavy short bias that led to these liquidations shows how quickly market sentiment can be proven wrong. Diversification across different strategies and timeframes can help weather such storms. Liquidity Matters: During high-volatility periods, liquidity can dry up quickly, exacerbating price movements and making liquidations more likely. Consider this when sizing positions. Watch the Whales: That $88.55 million liquidation reminds us that even large players can be wrong. Don't assume institutional money is always smart money. As the crypto market continues to mature, events like these serve as important reminders that while the potential for extraordinary gains exists, so too does the risk of extraordinary losses. The 277,309 traders who faced liquidations yesterday learned this lesson the hard way—but their experience offers valuable insights for those still in the game. Read Next: A must-have for all crypto enthusiasts: . 7,000+ investors have joined Timeplast's mission to eliminate microplastics—now it's your turn to invest in the future of sustainable plastic before time runs out. Image: Shutterstock This article $1.29B in Crypto Liquidations Just Rocked the Market—Here's What Seasoned Traders Are Watching Next originally appeared on
NDTV
22-07-2025
- Business
- NDTV
Crypto Mogul And Trump Ally Justin Sun To Board Blue Origin's Space Flight
Crypto entrepreneur Justin Sun will join five others on Blue Origin's next space tourism flight, the company announced today. Sun founded TRON, a blockchain platform, and serves as an advisor to HTX, one of the world's largest cryptocurrency exchanges. He placed the top bid of $28 million for a seat on Blue Origin's tourism craft in 2021. The proceeds were donated to Blue Origin's Club for the Future foundation to benefit space-based charities. In May, Sun was one of the top holders of President Donald Trump's memecoin and attended a dinner with Trump at his golf club outside Washington. Last week, Sun wrote in a post on X that he was committed to buying $100 million worth of Trump memecoins. The move would help raise the price of the coin by more than 10%. We are committed to buying $100M of $TRUMP! Together, $TRUMP and #TRON are the future of Crypto. This move highlights our belief in collaborating across ecosystems to grow the crypto landscape with communities such as @GetTrumpMemes. $TRUMP on #TRON is the currency of #MAGA!… — H.E. Justin Sun 🍌 (@justinsuntron) July 9, 2025 The US Securities and Exchange Commission sued Sun and his companies in March 2023 for allegedly selling unregistered securities and secretly paying celebrities to promote them, an investigation which was paused earlier this year. The other members on board will be real estate investor Arvi Bahal; Turkish businessman Gokhan Erdem; meteorologist and journalist Deborah Martorell; teacher Lionel Pitchford; and JD Russell, founder of venture capital firm Alpha Funds. The flight date will soon be announced, Blue Origin said.
Bloomberg
21-07-2025
- Business
- Bloomberg
Crypto Mogul and Trump Ally Justin Sun Set for Blue Origin Flight
By Crypto entrepreneur Justin Sun will join five others on Blue Origin 's next space tourism flight, the company announced today. Sun founded TRON, a blockchain platform, and serves as an advisor to HTX, one of the world's largest cryptocurrency exchanges. He placed the top bid of $28 million for a seat on Blue Origin's tourism craft in 2021. The proceeds were donated to Blue Origin's Club for the Future foundation to benefit space-based charities.
