Bitcoin briefly fell below $60,000, triggering about $3 billion in liquidations over two days, mostly from long leveraged positions. This sharp deleveraging reset market positioning and revealed key liquidity zones around the $60K level, a psychological and structural price point. The move was driven by derivatives selling rather than spot market pressure, highlighting the risks of leverage and crowded longs. Traders should watch funding rates, open interest, and order book depth to gauge market stability and avoid getting caught in similar liquidation cascades.
Cullinan Therapeutics presented initial Phase 1 clinical data for CLN-978, a CD19xCD3 T cell engager, showing clinical benefits including remissions in patients with systemic lupus erythematosus (SLE) and rheumatoid arthritis (RA). The drug demonstra...
Zcash developers fixed a serious vulnerability in the Orchard Pool that could have allowed counterfeit coins within its private transaction system. Experts like Dragonfly's Haseeb Qureshi argue the risk to users and investors is limited since fake co...
Arbitrum's ARB token has fallen below a crucial support level that had held since March, signaling increased selling pressure in a weak crypto market. Despite the decline, whale transactions and trading volume have surged, indicating active market pa...
Worldcoin (WLD) price plunged 28% after Arthur Hayes disclosed that Maelstrom had exited its entire WLD position, wiping out much of the token's recent rally. Hayes, who had previously supported WLD due to AI enthusiasm, reversed his stance citing ma...
Technical analysis suggests XRP could climb to $6 by early May 2029, following its long-term Fibonacci channel and monthly momentum indicators. Currently trading near $1.10 and under pressure from a prolonged correction, XRP is approaching a potentia...
