By Chayanika Deka Trend Research, the trading firm led by Liquid Capital founder Jack Yi, has fully exited its Ethereum positions, closing out what was once Asia’s largest ETH long, according to on-chain monitoring platform Arkham. At its peak, Trend Research held approximately $2.1 billion in leveraged Ethereum long positions, accumulated by borrowing stablecoins against […]
Category: News
By Jon Nielsen Like most other notable cryptocurrencies, Zcash has struggled mightily as of late, dropping by 42% in the last 30 days. During the crypto market meltdown on February 5, the ZEC price fell all the way down to $189, where buyers finally stepped in to stop the bleeding. Zcash is trading below key […]
By Patrick Timely XRP is trading near $1.36 after suffering a steep correction of roughly 65% from its recent local highs, as broader crypto weakness and derivatives deleveraging weigh on sentiment. The decline comes at a pivotal time, with Ripple reportedly nearing a $40 billion IPO valuation, adding a new layer of speculation around the […]