Latest news with #CoinGlass
Business Insider
a day ago
- Business
- Business Insider
WhiteBIT Launches Hedge Mode to Empower Crypto Futures Traders with Advanced Risk Management Tools
Vilnius, Lithuania, June 11th, 2025, Chainwire WhiteBIT, Europe's biggest cryptocurrency exchange by traffic, today announced the launch of Hedge Mode for futures trading — a new feature designed to give traders greater control and strategic flexibility in navigating market volatility. Hedge Mode enables users to simultaneously open long and short positions on the same futures market, allowing for more precise risk management and the execution of advanced trading strategies. This stands in contrast to One-Way Mode, the current default, where users can only hold a single directional position (either long or short) per market. The feature is now live in all regions where WhiteBIT supports futures trading, marking a major milestone in the platform's evolution into a professional-grade trading environment. 'Volatility is both a challenge and an opportunity in crypto markets,' said Volodymyr Nosov, CEO of WhiteBIT. 'With Hedge Mode, we're giving our users more control, more flexibility, and better protection—especially in fast-moving conditions. It's a significant step forward in our mission to make crypto trading safer and smarter.' The launch comes amid continued turbulence in the cryptocurrency market. In April 2025 alone, over $1.3 billion in crypto derivatives positions were liquidated, affecting nearly 310,000 traders, according to data from CoinGlass. These figures highlight the extreme risks faced by traders and the growing need for more sophisticated tools to manage open positions and hedge against sudden price movements. Feature Highlights In Hedge Mode, users can open both long and short positions simultaneously on the same futures contract. This unlocks key trading capabilities: Risk Hedging – Protect existing positions against market reversals Granular Management – Handle positions across different timeframes or strategies Strategic Execution – Enable complex setups such as grid trading, arbitrage, or neutral hedging Users can seamlessly switch between Hedge Mode and One-Way Mode based on their current trading strategy and market outlook. Continuing a Wave of Innovation The launch of Hedge Mode follows a series of innovative features rolled out by WhiteBIT in recent months, including the Buy Crypto functionality for fast fiat-to-crypto conversion, the 1x10 trading bot for automated strategy deployment, and the introduction of Isolated Margin Mode for Futures on Sub-Accounts—designed to provide enhanced flexibility and margin control across different portfolios. These upgrades underscore WhiteBIT's ongoing commitment to empowering traders of all levels with institutional-grade tools. About WhiteBIT WhiteBIT is the largest European cryptocurrency exchange by traffic, offering over 780 trading pairs, 330+ assets, and supporting 9 fiat currencies. Founded in 2018, the platform is a part of WhiteBIT Group, which serves more than 35 million customers globally. WhiteBIT collaborates with Visa, FACEIT, FC Barcelona, and the Ukrainian national football team. The company is dedicated to driving the widespread adoption of blockchain technology worldwide.
Yahoo
2 days ago
- Business
- Yahoo
Bitcoin Climbs Above $110K, 'At Crossroads' for Next Major Move
Bitcoin's BTC quiet climb on Monday accelerated to its strongest price in June, rebounding from last week's decline to near all-time high levels. The largest crypto advanced by 3.7% over the past 24 hours, topping $110,000, and it's changing hands by only 2% from its record prices observed in May. Ethereum's ether ETH kept pace with a 3.8% gain during the same period, bouncing above $2,620. Native tokens of Hyperliquid HYPE and SUI SUI outperformed most large-cap cryptocurrencies, rising 7% and 4.5%, respectively. Bitcoin's move higher caught leveraged traders off-guard, liquidating over $110 million worth of short positions within an hour, CoinGlass data shows. Across all crypto assets, some $330 million of shorts were liquidated during the day, the most in a month. Shorts are seeking to profit from declining asset prices. The move happened while traditional markets showed muted action, with the S&P 500 and Nasdaq indexes flat on the day. Crypto-related stocks bounced during the session to catch up with BTC's recovery over the weekend. "A 'peaceful rally' is a perfect way to describe this price action," said well-followed analyst Caleb Franzen, founder of Cubic Analytics. "Just a consistent development of higher highs and higher lows. Any signs of weakness? Buyers step in and defend the trend." The crypto market is now on steadier footing for a potential next leg higher after bitcoin's 10% decline to near $100,000 and with more than $1.9 billion in liquidations across crypto derivatives over the past week, having flushed excessive leverage, Bitfinex analysts noted in a Monday report. However, on-chain data indicates rising sell pressure from long-term holders that could overwhelm demand, the analysts added. 'Bitcoin is now at a crossroads—balanced between structural support and waning bullish momentum, waiting for its next macro cue,' the Bitfinex note added. Those macro catalysts may come later this week, noted Jake O, OTC trader at crypto trading firm Wintermute. "U.S. and Chinese trade representatives are scheduled to meet today, with markets likely sensitive to any headlines following last week's positive momentum, and the data calendar remains light until Wednesday, when CPI will offer fresh insight into U.S. inflation," he said. UPDATE (June 9, 21:51 UTC): Adds short liquidation data from CoinGlass. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
3 days ago
- Business
- Yahoo
Should Bitcoin Investors Be Concerned About the Recent Pullback?
After hitting a new all-time high above $111,000, Bitcoin has since pulled back to $105,000. Historically, market pullbacks have provided a good opportunity to "buy the dip" on Bitcoin. Bitcoin is actually becoming less volatile over time as it goes mainstream. 10 stocks we like better than Bitcoin › When Bitcoin (CRYPTO: BTC) hit a new all-time high of $111,970 on May 22, many investors were convinced that the world's most popular cryptocurrency was about to go on another epic run. But that hasn't been the case. In fact, Bitcoin pulled back to $105,000, and could even fall below $100,000 again. Should investors be concerned? For much of its history, Bitcoin has been a very risky and volatile asset. In its early days, volatility was sky-high, and the price of Bitcoin tended to move up and down in jagged spikes. However, Bitcoin is becoming less volatile over time. All you have to do is look at a chart of Bitcoin's volatility over the past decade. The change in volatility in recent years is striking. According to data from CoinGlass, a cryptocurrency information site, Bitcoin's 30-day volatility during the previous crypto bull market rally of 2020-2021 ran as high as 9%. However, Bitcoin's volatility has been declining over the past two years. In May 2025, Bitcoin's 30-day volatility dipped below 2%. This might be surprising, especially given this year's news cycle around trade, tariffs, and U.S. macroeconomic policy. Most investors likely assume that Bitcoin has been wildly volatile over the past five months, but that simply hasn't been the case. And there's a good reason for this: Bitcoin is going increasingly mainstream. The more institutional investors and corporations line up to buy Bitcoin, the less volatile it will become over time. Short-term, speculative money is being crowded out by long-term, buy-and-hold money. Thus, there's less reason to be worried about Bitcoin's recent pullback than there might have been in the past. By now, everyone realizes that Bitcoin is not going to zero. The prudent strategy now is to view Bitcoin as a long-term investment that will soar in value over the next decade. If anything, the pullback in Bitcoin is a signal to buy more, at a lower price. In crypto parlance, this is known as buying the dip. Any time Bitcoin falls by 10% or more, the thinking goes, you should scoop up Bitcoin at a new bargain price. And, by and large, that is what has been happening this year. The easiest way to see this is with investor inflows into the spot Bitcoin exchange-traded funds (ETFs). While there was a brief period in April when Bitcoin inflows slowed to a halt and then reversed, money is once again flowing into the Bitcoin ETFs. One big narrative that has emerged in 2025 is the willingness of both retail and institutional investors to buy the dip in Bitcoin, even at fantastically high prices. The reason is simple: In 10 of the past 13 years, Bitcoin has been the best-performing asset on the planet. Even after massive market declines, like we saw in 2022, Bitcoin has always bounced back, better than before. In January 2023, Bitcoin was in the doldrums, trading for less than $17,000. Investors were warning that this was finally the end for Bitcoin. Just two years later, Bitcoin topped $100,000. The historical resilience of Bitcoin can't be dismissed anymore. The good news is that Bitcoin might soar much higher in 2025. According to data from online prediction markets, Bitcoin has a 61% chance of hitting $125,000 this year. It has a 30% chance of hitting $150,000 this year. And it has a 12% chance of reaching $200,000 in 2025. That basically lines up with what major Wall Street investment firms were predicting earlier in the year. In January, a popular prediction to make was that Bitcoin would double in value, to hit $200,000 this year. All of this leads me to think that Bitcoin investors shouldn't be worried about the recent pullback. As long as money continues to flow into the spot Bitcoin ETFs, the overall upward trajectory should continue. While there's no guarantee that Bitcoin will double in price this year, there's a good chance it will hit yet another all-time high within the next six months. Before you buy stock in Bitcoin, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Bitcoin wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $669,517!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $868,615!* Now, it's worth noting Stock Advisor's total average return is 792% — a market-crushing outperformance compared to 173% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 9, 2025 Dominic Basulto has positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has a disclosure policy. Should Bitcoin Investors Be Concerned About the Recent Pullback? was originally published by The Motley Fool Sign in to access your portfolio
Yahoo
6 days ago
- Business
- Yahoo
Bitcoin, Ether Bulls Hit With $800M Liquidation as Trump-Musk Tussle Rattles BTC, ETH
A late-night Twitter spat between President Donald Trump and Elon Musk sparked fresh uncertainty in global markets, sending major cryptocurrencies tumbling and wiping out nearly $1 billion in leveraged bets. Bitcoin BTC dropped below $101,000 overnight before bouncing modestly, with DOGE and ADA among the worst hit, down over 6% each in the past 24 hours. The CoinDesk 20 Index, which tracks the largest crypto assets, shed over 5%. Data from CoinGlass shows that traders lost $988 million in liquidations — of which $888 million were long positions — indicative of a wipeout in bullish positions. Exchanges like Bybit and Binance saw the biggest hits, with Bybit alone accounting for nearly $354 million in liquidations. The liquidations largely hit major tokens, with bitcoin leading the pack at over $342 million liquidated in the past 24 hours, according to CoinGlass data. Ether ETH followed with $286 million, reflecting the sharp sell-offs across the broader market. Other tokens like Solana's SOL and Dogecoin DOGE saw $51 million and $27 million liquidated, respectively, as altcoin traders found themselves on the wrong side of the sudden downturn. (Coinglass) XRP XRP wasn't spared either, with $23 million in positions wiped out. The data also shows that high-leverage plays on memecoins, such as 1000PEPE, added to the volatility, as traders rushed to exit. Liquidations to the forced closure of a trader's leveraged position when they can no longer meet the margin requirements. This typically occurs when the price of the underlying asset moves against their position, causing them to lose a large portion, or all, of their initial investment. A cascade of liquidations often indicates market extremes, where a price reversal could be imminent as market sentiment overshoots in one direction. The sell-off comes as Trump accused Musk of going 'crazy' and threatened to terminate government contracts with his companies, while Musk lashed back by linking Trump to Jeffrey Epstein's files. The clash overshadowed what had been a mostly bullish trend for crypto markets in recent weeks, intensifying a profit-taking bout from the start of this week.
Business Mayor
26-05-2025
- Business
- Business Mayor
Breaking down VIRTUAL's 13% daily surge: Is $2.44 next?
VIRTUAL surged 13.25%, hitting a four-month high. Virtuals protocol makes a bullish crossover from two fronts as momentum strengthens. After reaching $2.24 three days ago, Virtuals Protocol [VIRTUAL] faced strong rejection. The altcoin retraced to a low of $1.83. However, over the past day, VIRTUAL has successfully retested $1.8 support and rebounded to hit a 4-month high of $2.25. In fact, as of this writing, VIRTUAL was trading at $2.24. This marked a 13.26% increase over the past 24 hours. Over the same period, the altcoin's volume has surged by 69.16% to reach $329.34 million while the market cap was up $13.18%, hitting $1.44 billion. A surge in price alongside volume and market cap signals strong demand for an asset. As such, VIRTUAL was experiencing significant demand across all market participants in both spot and futures markets. Source: Coinalyze For starters, d emand in the spot market remains strong, with buyers dominating over the past day. VIRTUAL buyers have accumulated 5.18 million in volume, creating a positive market imbalance of 403K compared to sellers. The same trend extends to the Futures market, where VIRTUAL's Open Interest has surged 18.83% to $237 million, according to CoinGlass data. This sharp increase suggests that investors are heavily favoring futures contracts. Source: CoinGlass VIRTUAL's long and short data reveal that most Futures investors are favoring long positions. At press time, longs accounted for over 50% of all futures contracts, with the Long-to-Short Ratio exceeding 1, while shorts held 49% of total Futures. This preference for long positions is further supported by VIRTUAL's Funding Rate remaining positive across major exchanges. When longs dominate the market, it signals widespread bullish sentiment, with investors expecting prices to climb further in the near term. Source: Coinalyze Is VIRTUAL set for a sustained uptrend? According to AMBCrypto's analysis, the coin was currently experiencing a strong upward momentum amid rising demand. This strong upward momentum is evidenced by the fact that VIRTUAL has made bullish crossovers across two fronts. Over the past day, the altcoin's Stoch RSI made a bullish crossover, rising to 50. A crossover here suggests that the momentum to the upside is strong and is very likely to continue. Source: TradingView This upside momentum was further confirmed by another bullish crossover that emerged on VIRTUAL's RSI. A move to the upside here suggests that buyers have taken control of the market, thus displacing sellers in the market. RSI has surged to 66 with its MA sitting at 62. These crossovers pointed out that demand has strengthened the uptrend, and VIRTUALl could make more gains. Therefore, based on the above observation, if the trend continues with bullish sentiments persisting, the altcoin will find the next significant resistance around $2.44. Conversely, if the attempt by Bulls fails with sellers starting to realize a profit, a pullback will see VIRTUAL drop to $1.92.
