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Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.

ZKsync Era's airdrop fails to halt decline in transactions and active addresses
ZKsync Era's airdrop fails to halt decline in transactions and active addresses

Quick Take The 7-day moving average of active addresses fell from over 455,000 at the end of February to just 218,000 on June 10. The following is an excerpt from The Block’s Data and Insights newsletter.

The Block·2024/06/19 19:37
XRP Open Interest Spike in Response to Ripple-SEC Developments
XRP Open Interest Spike in Response to Ripple-SEC Developments

XRP’s rising OI suggests investors are opening more positions, expecting a surge in price, but volatility remains a concern.

Cryptopotato·2024/06/19 19:01
Flash
  • 14:58
    CryptoQuant Research Director: The growth in demand for Bitcoin spot is shrinking
    News on March 9th, Julio Moreno, the research director of CryptoQuant, posted on platform X saying that the reason for the decline in Bitcoin prices is simply because the current demand for Bitcoin spot is shrinking. At the same time, short positions in Bitcoin are dominating in futures market.
  • 14:32
    A whale on Hyperliquid who shorted BTC at 20 times leverage has made a floating profit of 6.375 million USD
    According to @ai_9684xtpa monitoring, BTC has fallen below 84,000 US dollars, ETH has fallen below 2,200 US dollars. The total position of Hyperliquid's 20 times short on BTC has a floating profit of 6.375 million US dollars, among which the floating profit of BTC short orders has expanded to 6.175 million US dollars. Yesterday it also added another 10 BTCs and currently the position value is as high as 42.85 million USD (512.65 BTC). The thirty times short order on ETH also already has a floating profit of $200k USD.
  • 14:26
    ETH falls below 2100 US dollars
    The market shows that ETH has fallen below 2100 US dollars, currently quoted at 2099.02 US dollars, with a 24-hour drop of 4.08%. The market fluctuation is relatively large, please manage your risk well.
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