Cosmos (ATOM) surged 9.5% recently, drawing attention, but market data reveals sellers still dominate trading, especially in derivatives where short positions outnumber longs. Spot market outflows totaling $374K over 40 days and liquidation heatmaps indicate higher liquidity clusters below $2.1, suggesting the price may decline before any rebound. This raises concerns that the current rally could be a bull trap amid weakening liquidity conditions.
Cosmos Hub (ATOM) surged 4.17% to $2.01, leading altcoin gains thanks to its blockchain interoperability focus and recent ecosystem developments. Other notable increases included Stable (STABLE) up 2.86%, Monero (XMR) up 0.82%, and Figure Heloc (FIGR...
South Korean crypto exchange Upbit will suspend deposits and withdrawals of Cosmos (ATOM) starting May 20 at 6:00 a.m. UTC to support a network upgrade. The pause will last until the upgrade is complete and the network is stable, but ATOM trading on ...
Tokenized U.S. Treasuries reached a record $15.35 billion in value locked as traders seek safer yields amid growing expectations of a Federal Reserve interest rate hike. Bitcoin remains above $80,000 but struggles to break higher due to inflation wor...
Stable (STABLE) surged 13.79% to $0.0394, becoming the top gainer in the crypto market today due to its stability-focused protocol. Other notable gainers include NEAR Protocol, Cosmos Hub, Zcash, and Official Trump tokens, while Venice Token, Ondo, C...
