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28 Apr 2026, 03:36
Western Union Launches USDPT Stablecoin on SOL

Western Union is launching the USDPT stablecoin on the SOL network next month. Real-time payments are targeted as a SWIFT alternative. SOL price $84.03, strong support $82.59. Expansion plan with D...
28 Apr 2026, 03:30
Crypto Liquidations Top $245M: Brutal Long Squeeze Wipes Out Traders in 24 Hours

BitcoinWorld Crypto Liquidations Top $245M: Brutal Long Squeeze Wipes Out Traders in 24 Hours The crypto market experienced a severe shockwave as crypto liquidations surged past $245 million in just 24 hours. Data reveals that long-position traders bore the brunt of this forced sell-off. This event marks one of the most significant liquidation events in recent weeks. 24-Hour Crypto Liquidations: A Detailed Breakdown Data from major exchanges shows the scale of the liquidation event. The following table provides a clear overview of the estimated liquidation volumes for key cryptocurrencies. Asset Total Liquidated (24h) Long Position Ratio Bitcoin (BTC) $121.19 million 91.63% Ethereum (ETH) $112.47 million 86.61% Solana (SOL) $12.08 million 94.14% These numbers confirm a massive long squeeze. Traders who bet on rising prices faced forced closures as the market moved against them. Why Did the Crypto Market Crash? Several factors contributed to this sudden market downturn. Analysts point to a combination of macroeconomic pressures and on-chain data signals. The Federal Reserve’s recent hawkish stance on interest rates dampened risk appetite. Furthermore, a significant amount of open interest concentrated at high price levels created a fragile market structure. When Bitcoin’s price dropped below a key support level, it triggered a cascade of stop-loss orders. This forced liquidations, which in turn accelerated the price decline. The high percentage of long positions made the market particularly vulnerable to such a move. Bitcoin (BTC) Liquidation Analysis Bitcoin saw the highest absolute liquidation volume at over $121 million. The overwhelming majority of these were long positions. This suggests that many traders expected a breakout to the upside. Instead, they faced a sharp reversal. The liquidation of large positions often creates a vacuum effect, pulling prices down further. Ethereum (ETH) Liquidation Analysis Ethereum liquidations closely followed Bitcoin, totaling over $112 million. The ratio of long positions liquidated was slightly lower than Bitcoin’s, but still extremely high at 86.61%. This indicates that the selling pressure was broad-based and not limited to a single asset. The correlation between BTC and ETH remains strong during volatile periods. Solana (SOL) Liquidation Analysis Solana experienced the highest percentage of long liquidations at 94.14%. This extreme ratio highlights the speculative nature of positions in altcoins. Smaller market cap assets often see more aggressive leverage use. When the market turns, these positions are the first to be wiped out. The $12 million in SOL liquidations, while smaller in absolute terms, represents a significant percentage of its open interest. Market Impact and Trader Sentiment The immediate impact is a reset of leverage in the futures market. Funding rates have turned negative, indicating that short sellers are now paying to hold their positions. This often signals a potential bottom, but it can also precede further downside. Trader sentiment has shifted from extreme greed to fear. Exchange order books show a build-up of bid liquidity at lower levels. This suggests that some traders are looking to buy the dip. However, the lack of strong buying pressure at current levels keeps the market in a fragile state. The total open interest across all exchanges has dropped significantly, reflecting the forced closure of positions. What This Means for the Broader Crypto Market Such liquidation events serve as a critical risk management lesson. They demonstrate the dangers of high leverage in volatile markets. The crypto futures market remains a high-stakes environment. Regulatory scrutiny on leverage trading may increase following such events. Exchanges might review their liquidation engines and margin requirements. For long-term investors, these events can create buying opportunities. However, timing the bottom is notoriously difficult. The market needs time to absorb the shock and establish a new equilibrium. On-chain metrics like exchange inflows and miner positions will provide clues about the next direction. Conclusion The 24-hour crypto liquidations exceeding $245 million represent a significant market event. Long-position traders suffered the most, with Bitcoin and Ethereum accounting for the majority of losses. This event underscores the importance of risk management and the impact of macroeconomic factors on digital assets. Traders should monitor liquidation data closely as it provides real-time insight into market stress and potential turning points. FAQs Q1: What are crypto liquidations? Liquidations occur when a trader’s position is forcibly closed by an exchange due to insufficient margin. This happens when the market moves against the trader’s leveraged position. Q2: Why did long positions get liquidated? Long positions get liquidated when the asset’s price drops below a certain threshold. The high percentage of long liquidations (over 90% for BTC and SOL) indicates a sudden and sharp price decline. Q3: How do liquidations affect the market price? Liquidations can create a cascading effect. As positions are closed, they add selling pressure, which pushes the price down further, triggering more liquidations. This is often called a ‘long squeeze’. Q4: Is this a good time to buy? While liquidation events can create buying opportunities, they also indicate high volatility and uncertainty. It is essential to conduct your own research and manage risk carefully before entering any position. Q5: Where can I track live liquidation data? Several cryptocurrency data aggregators and exchanges provide real-time liquidation data. Platforms like Coinglass, Bybit, and Binance offer detailed charts and historical data. This post Crypto Liquidations Top $245M: Brutal Long Squeeze Wipes Out Traders in 24 Hours first appeared on BitcoinWorld .
28 Apr 2026, 03:18
Ethereum Price Drops Below $2,350, Recovery Hopes Start To Fade

Ethereum price started a fresh decline and traded below $2,350. ETH is now consolidating above $2,265 and might struggle to recover. Ethereum started a downside correction from the $2,400 zone. The price is trading below $2,350 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $2,310 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it stays above the $2,350 zone. Ethereum Price Trims Gains Ethereum price failed to remain stable above $2,380 and started a downside correction, like Bitcoin . ETH price dipped below the $2,365 and $2,350 levels. The price even spiked below $2,300. A low was formed at $2,264, and the price is now consolidating losses. There was a minor upward move above the 23.6% Fib retracement level of the downward move from the $2,404 swing high to the $2,264 low. Ethereum price is now trading below $2,300 and the 100-hourly Simple Moving Average . If the bulls remain in action above $2,265, the price could attempt another increase. Immediate resistance is seen near the $2,310 level. There is also a bearish trend line forming with resistance at $2,310 on the hourly chart of ETH/USD. The first key resistance is near the $2,335 level and the 50% Fib retracement level of the downward move from the $2,404 swing high to the $2,264 low. The next major resistance is near the $2,350 level. A clear move above the $2,350 resistance might send the price toward the $2,400 resistance. An upside break above the $2,400 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $2,500 resistance zone or even $2,550 in the near term. More Losses In ETH? If Ethereum fails to clear the $2,310 resistance, it could start a fresh decline. Initial support on the downside is near the $2,285 level. The first major support sits near the $2,265 zone. A clear move below the $2,265 support might push the price toward the $2,220 support. Any more losses might send the price toward the $2,200 region. The main support could be $2,120. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bearish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 zone. Major Support Level – $2,265 Major Resistance Level – $2,350
28 Apr 2026, 03:10
Solana Captures Top DEX Spot Market Share in Q1: Dominates 30.6% of Trading Volume

BitcoinWorld Solana Captures Top DEX Spot Market Share in Q1: Dominates 30.6% of Trading Volume Solana (SOL) has captured the top DEX spot market share in Q1, recording a commanding 30.6% of all decentralized exchange trading volume. This milestone, reported by TheBlockBeats and sourced from CoinGecko data, marks a significant shift in the DeFi landscape. Despite a broader sluggishness in overall market activity, Solana’s ecosystem has proven resilient and attractive to traders. Solana DEX Market Share Dominates Q1 2025 The first quarter of 2025 has been a period of consolidation for decentralized exchanges. Yet, Solana’s performance stands out. The network’s 30.6% share places it ahead of BNB Smart Chain (BSC), which holds 24.5%, and Ethereum (ETH) at 23.7%. This data underscores Solana’s growing utility as a primary venue for spot trading. Several factors contribute to this lead. Solana offers high throughput and low transaction costs. These technical advantages attract traders seeking efficiency. Furthermore, the ecosystem hosts popular DEXs like Jupiter and Raydium, which drive substantial volume. The network’s ability to handle high-frequency trading without congestion has been a key differentiator. However, the overall DEX volume in Q1 remained subdued. Market participants cite macroeconomic uncertainty and reduced speculative activity. Despite this, Solana’s relative strength suggests a deepening user base. The network is not just attracting new users; it is retaining them through consistent performance. Ethereum and BSC Follow in Decentralized Exchange Ranking Ethereum’s 23.7% share reflects its established DeFi infrastructure. Platforms like Uniswap and Curve continue to dominate in total value locked (TVL). However, high gas fees remain a barrier for frequent traders. This limitation has allowed Solana to capture a larger portion of spot trading volume. BNB Smart Chain’s 24.5% share shows its competitive position. The network benefits from a large user base in Asia and strong integrations with Binance. Its DEX ecosystem, led by PancakeSwap, provides a familiar interface for retail traders. Yet, it has not matched Solana’s growth trajectory. In March, Ethereum briefly surpassed Solana. Data shows Ethereum captured a 27% share compared to Solana’s 26%. This temporary shift highlights the dynamic nature of the market. It may reflect short-term capital rotations or specific token launches on Ethereum. Nevertheless, Solana’s quarterly average remains superior. Monthly Fluctuations and Market Dynamics The monthly data reveals interesting patterns. In January and February, Solana maintained a consistent lead. March’s reversal suggests that Ethereum can still attract volume during periods of heightened activity. This could be due to airdrop farming or liquidity mining events. Analysts at CoinGecko note that Solana’s dominance is not guaranteed. The network has faced past outages and security concerns. However, recent infrastructure upgrades have improved reliability. The community’s focus on scalability continues to pay dividends. For traders, the choice between networks often comes down to speed and cost. Solana offers sub-second finality and fees under $0.01. Ethereum, even with Layer 2 solutions, can be more expensive. This cost advantage is critical for high-frequency strategies. Implications for DeFi and Crypto Trading in 2025 Solana’s top DEX spot market share has broader implications. It signals a multi-chain future where no single network dominates all activities. Each chain has specialized strengths. Solana excels in speed and volume; Ethereum in security and TVL; BSC in accessibility. This fragmentation creates opportunities for aggregators and cross-chain solutions. Platforms that can seamlessly route trades across networks will gain importance. The data also influences developer decisions. Builders may prioritize Solana for new DEX projects due to its user base. Regulatory developments could also impact these rankings. The SEC’s evolving stance on crypto exchanges affects market confidence. Solana’s decentralized nature may offer advantages in compliance. However, its association with past SEC actions remains a risk factor. Expert Analysis and Future Outlook Industry experts view Solana’s performance as a validation of its technical roadmap. “Solana has proven it can handle real-world trading volume,” says a DeFi analyst at a leading research firm. “The challenge now is maintaining this momentum through market cycles.” The network’s upcoming upgrades, including Firedancer, promise even greater throughput. If successful, Solana could widen its lead. Conversely, Ethereum’s Pectra upgrade and Layer 2 scaling may reduce its cost disadvantage. The competition remains fierce. For investors, the DEX market share data is a key metric. It reflects actual usage rather than speculative interest. Solana’s ability to capture top DEX spot market share suggests strong product-market fit. This bodes well for its long-term value proposition. In summary, the Q1 2025 data provides a clear snapshot. Solana leads in DEX spot trading, with BSC and Ethereum close behind. The market is dynamic, and monthly shifts are expected. However, the trend favors networks that prioritize user experience and low costs. Conclusion Solana has captured the top DEX spot market share in Q1, a testament to its growing role in decentralized finance. With 30.6% of trading volume, it has outpaced Ethereum and BSC. This achievement, while impressive, comes in a subdued market. The network’s technical strengths and active ecosystem drive its success. As the DeFi space evolves, Solana’s position will depend on continued innovation and reliability. The data from CoinGecko and TheBlockBeats confirms a significant shift in how traders engage with DEXs. Solana’s lead is a story of efficiency winning over incumbents. FAQs Q1: What is Solana’s DEX market share in Q1 2025? Solana captured 30.6% of the DEX spot trading volume in Q1 2025, leading all networks according to CoinGecko data. Q2: How does Solana compare to Ethereum in DEX trading? Solana leads with 30.6% share, while Ethereum holds 23.7%. However, Ethereum briefly surpassed Solana in March with 27%. Q3: Why did Solana gain market share in DEX trading? Low fees, high speed, and popular DEXs like Jupiter and Raydium attracted traders. The network’s reliability also improved. Q4: What are the risks for Solana’s DEX dominance? Past outages, regulatory uncertainty, and competition from Ethereum’s Layer 2 scaling solutions pose potential risks. Q5: Which DEXs drive Solana’s trading volume? Jupiter and Raydium are the primary DEXs on Solana, contributing significantly to its spot trading volume. Q6: Will Solana maintain its lead in Q2 2025? Analysts are cautiously optimistic. Continued network upgrades and market conditions will determine if Solana can sustain its top DEX spot market share. This post Solana Captures Top DEX Spot Market Share in Q1: Dominates 30.6% of Trading Volume first appeared on BitcoinWorld .
28 Apr 2026, 03:00
XRP’s Recovery Is Real, But The Risk Appetite Behind It Is Still Broken – Analyst

XRP has been trading sideways since early February, locked in a consolidation range that has tested the patience of bulls waiting for a decisive move. The price action is frustrating but not directionless — and a CryptoQuant report has just provided a behavioral framework that explains why the current market feels structurally different from the one that existed just two months ago. Related Reading: XRP Spot Buyers Are Getting Stronger While Futures Traders Are Selling – Learn What That $700M Split Means The report tracks XRP’s leverage ratio on Binance — a measure of how aggressively traders are using borrowed capital to amplify their positions. In mid-March, that ratio surged toward 0.185, reflecting a market where confidence was building and traders were willing to take on significant risk in anticipation of quick gains. Leverage at those levels signals a specific market psychology: participants believe strongly enough in the direction to bet beyond their spot holdings. That confidence did not survive what came next. The sharp correction in late March sent the leverage ratio plummeting to approximately 0.13 — a level that reflects a fundamental reassessment of risk appetite rather than a routine deleveraging. The speed and severity of the drop were not merely a mechanical reduction in positions. According to the CryptoQuant analysis, it left a psychological mark on the participants who experienced it. The market that emerged from that correction is behaviorally different from the one that entered it. Understanding how is what the data now reveals. The Price Came Back. The Confidence Did Not The most telling detail in the CryptoQuant report is not the crash itself but what followed it. XRP’s price has recovered from the late March correction. The leverage ratio has not recovered with it. Rather than returning to the 0.185 levels that defined mid-March’s aggressive positioning, the ratio has settled into a range between 0.15 and 0.16. It briefly touched 0.175 in mid-April — a moment that looked like the beginning of a confidence recovery — before retreating back to the lower range. The ceiling was tested and rejected. Traders approached their previous boldness and pulled back. That gap between the recovering price and the subdued leverage is the structural shift the report identifies. The rally that has developed since the March correction is being built on different foundations than the one that preceded it. Less borrowed conviction. More measured positioning. The participants driving XRP higher right now are doing so with reduced exposure rather than amplified bets — a behavioral profile that reflects the memory of what happened the last time confidence ran ahead of the fundamentals. Related Reading: Chainlink Is Getting Cheaper And Whales Are Not Buying The Dip: Discount Or A Trap? XRP Compresses Below Resistance as Market Stabilizes The report frames this as a rebalancing phase — new positions being assembled gradually and deliberately rather than rushed into impulsively. That characterization carries a constructive implication. Markets that recover with subdued leverage tend to be less vulnerable to the cascade liquidations that ended the previous advance. The boldness may be gone, but so is the fragility that came with it. XRP remains locked in a tight consolidation range near $1.41, with price action compressing after the sharp February selloff that drove the market down from above $2.00. Since that capitulation event, structure has shifted from impulsive downside to horizontal stabilization, with the asset forming a series of higher lows since early April — a subtle but important change in short-term momentum. Related Reading: DeFi Just Lost $15 Billion in Three Days. Something Deeper Than a Hack Is Behind It The 50-day moving average is beginning to flatten and sits just below current price, acting as dynamic support. However, XRP continues to trade below both the 100-day and 200-day moving averages, which are trending downward and positioned overhead near the $1.50–$1.80 region. This keeps the broader trend bearish despite the recent stabilization. Volume supports the idea of a market in equilibrium rather than expansion. The February spike marked forced selling, while the subsequent weeks show declining participation, consistent with a cooldown phase. The recent uptick in price has not yet been accompanied by a meaningful increase in volume, suggesting limited conviction behind the move. Key resistance remains near $1.50. A clean break above that level would signal a shift toward a recovery structure, potentially targeting $1.70. Failure to break higher keeps XRP range-bound, with $1.30 acting as the primary support level if momentum fades. Featured image from ChatGPT, chart from TradingView.com
28 Apr 2026, 03:00
Bitcoin ETF Inflows Hit Over $820 Million As Institutional Confidence Builds

US spot Bitcoin ETFs have now locked up roughly 1.32 million BTC — about 6% of the cryptocurrency’s total supply — after a sustained wave of institutional buying that shows no sign of slowing down. A Month Of Mounting Capital April has been a turning point for Bitcoin ETFs. After a difficult start to 2026 marked by heavy redemptions, the products have attracted more than $2.6 billion this month alone — nearly double what came in during March. The week ending April 24 brought in $823 million in net new capital, the fourth straight week of positive flows. The prior week posted $996 million, while earlier in the month saw $786 million, and a modest $22 million in the first week of April. Together, those figures pushed total Bitcoin ETF assets from $86 billion at the start of the month to $102 billion by April 24, according to data tracked by SoSoValue. The scale of buying has overwhelmed supply from miners. Over just eight trading days, ETF products absorbed close to 19,000 BTC — well beyond what new mining activity added to circulation during that period. BlackRock Leads The Charge One fund has driven much of the momentum. BlackRock’s iShares Bitcoin Trust, known as IBIT, pulled in around $733 million of the week’s total $824 million in inflows. That means a single product accounted for nearly 90 cents of every dollar that flowed into Bitcoin ETFs during the week. IBIT’s dominance helped push the broader market past the $100 billion mark in total assets under management. Bitcoin itself has been trading in a recovery mode. After dipping toward the low $60,000s in February amid broader market uncertainty and earlier ETF outflows, the price climbed back above $78,000. As of Monday morning, BTC was changing hands around $77,810, having briefly touched $79,40 before pulling back. That is still a long way from its all-time high of approximately $126,195, reached in November 2025. Other Crypto ETFs Join The Rally The buying has extended beyond Bitcoin. Spot Ethereum ETFs posted $155 million in inflows for the week, their third consecutive weekly gain. Products tracking Solana and XRP added $9.4 million and $15.7 million, respectively, suggesting broader appetite for regulated digital asset exposure. Not every fund is benefiting. Grayscale’s GBTC continued to see outflows, a sign that capital is flowing unevenly across issuers. Analysts also point to ongoing risks: potential policy shifts under US President Donald Trump’s administration and signals from the Federal Reserve could still shake investor confidence. For now, though, the numbers tell a story of sustained institutional interest returning to the Bitcoin ETF market after a rocky winter. Featured image from Unsplash, chart from TradingView















































