Over the course of just a single day on Oct. 10, more than $19 billion worth of perps positions were liquidated, and many more billion were auto deleveraged (ADL). While that event wiped out a massive amount of open interest, it is distinct from crypto-collateralized lending and not necessarily indicative of systemic overleverage. Prices fell so sharply that even modestly levered positions were forcibly closed, and many healthy accounts were swept up in cascading liquidations and ADLs triggered by exchange-level risk controls. The perps market got cleaned out, but largely by mechanical design and aggressive price decreases rather than widespread credit excess. Highstreet (HIGH) is a digital cryptocurrency and a virtual reality platform designed to merge the physical and digital worlds. Users can buy, sell, or trade both virtual items and real-world goods using HIGH tokens.
U.S. Added Stronger Than Forecast 119K Jobs in September, but Unemployment Rate Rose to 4.4%
At face value, the new lending high should not be viewed with alarm; there is no magic outstanding borrows threshold that signals danger. What matters is the quality of the collateral base and the purpose of the borrowed funds. The previous high was defined by uncollateralized lending, speculative yield-chasing in short-lived protocols, and more volatile collateral assets. For best overall crypto trading experience we recommend Binance exchange. Before engaging in crypto trading, please consult with a financial advisor to ensure it aligns with your financial goals and risk tolerance. The company blends the traditional discipline of classical investment work with the greater agility of Web3 technologies, which enables the firm to mine the best of both worlds, from real estate development to tokenomics.
The cryptocurrency world has risen to astounding heights, but it is still in its infancy. His career began in real estate sales and project development, but he made a significant shift into crypto in 2014, investing in Bitcoin at $350, Ethereum at under $5, and Solana at $4. Ultimately, Tomala sold them close to their peaks, transforming a $90,000 investment into a nine-million-dollar return. Throughout the past few years, cryptocurrency has gone from a boutique online community to a pillar of modern finance. Crypto’s hallmark rewards those who make bold moves, and Tomala is one such person.
- Charts, indicators, and endless debates can only take you so far; profits are made by those who act.
- The November 2024 crypto rally was fuelled by Donald Trump’s victory in the US elections.
- If structured as a traditional financial institution, its balance sheet would rank it among the top 50 banks in the United States.
- To see more analysis and outlook, please check the Highstreet price prediction page.
- Almost exactly one year after rising above $90,000 for the fist time in its history, bitcoin has fallen back to that level after suffering a severe price crash.
Market Maker (Binance)
And if you don’t already have cryptocurrency, your options are limited. If you’re new to cryptocurrency or just need to convert fiat currency into crypto, you’ll likely use a centralized exchange. To see our full methodology and learn more about our process, read our criteria for how we evaluate crypto platforms and exchanges. Outstanding borrows on DeFi lending applications have remained resilient in the wake of turbulent market conditions.
Bitcoin Cash vs HYGH: Coin Information
Market analysts highlight its fast block generation (2.5 minutes per block) as a key advantage for transactions. According to the Litecoin Foundation, it’s increasingly being used for payments and merchant adoption. For 2025, Litecoin could see significant appreciation due to increased real-world utility and its historical resilience during market downturns.
- This game was extremely popular in developing countries like The Philippines, due to the level of income they could earn.
- These crypto coins have their own blockchains which use proof of work mining or proof of stake in some form.
- “It’s unsettling to see crypto and tech stocks diverging when they typically move in lockstep.
- What matters is the quality of the collateral base and the purpose of the borrowed funds.
He focuses on significant investments in new altcoins and leveraging insider connections, including relationships with shareholders at Binance and Bybit. This position positions Tomala to capitalize on his experience within the industry and turn it into authentic returns. Over the years, Tomala has developed a reputation as a daring, strategic investor. He has traded over $140 million in cryptocurrency and invested in over 80 blockchain companies, frequently assuming lead investor positions.
Highstreet (HIGH)
Players have an opportunity to generate revenue by giving their time (and sometimes capital) and playing these games. The global crypto market cap is $2.99T, a 1.95% decrease over the last day.
Apeing isn’t just another coin; it’s a movement, a chance to write your own crypto story while the market sleeps. In a world where everyone hesitates, the Apes rise, and those who APE now may look back in 2025 and smile at a decision that changed everything. Charts, indicators, and endless debates can only take you so far; profits are made by those who act.
Trending Cryptocurrencies in Africa
These new cryptocurrency are known as stablecoins, and they can be used for a hygh crypto multitude of purposes due to their stability. Binance, as one of the world’s largest cryptocurrency exchanges by trading volume and liquidity, serves as a crucial platform for high-frequency market makers. Its deep order books and high trading activity provide the proper environment for HFT firms to deploy their market-making algorithms and profit from the bid-ask spread. Binance offers sophisticated API access that allows HFT firms to integrate their trading systems directly with the exchange’s systems, enabling ultra-fast order placement and cancellation. Moreover, Binance often has specific fee structures and incentives designed to attract and support high-frequency market makers who contribute significantly to the exchange’s liquidity.
HIGH Technical Analysis
This platform allows users to explore a virtual environment, interact with others, and experience a new kind of shopping that blends entertainment with commerce. By using blockchain technology, Highstreet ensures secure and transparent transactions, making it a reliable place to gather digital assets or try out new products in an immersive, virtual setting. Showing market cap and how it’s compared to different cryptocurrencies. X2,x10, etc. means if the price of Highstreet (HIGH) will multiply by x2,x10, etc how much market cap it will have, and how it will compare then to the same coins. HYGH Capital is a Web3 investment firm founded by Dennis Tomala, combining traditional investment strategies with blockchain technology. Focused on tokenization, real estate, and cryptocurrency, the firm identifies high-potential digital assets before they gain widespread attention.
The following compares borrow rates for stablecoins, BTC, and ETH in onchain lending markets and through offchain venues. The Oct. 10 auto-deleveraging (ADL) “armageddon,” as some X accounts hyperbolically called it, saw elevated levels of liquidations across lending applications. Wrapped bitcoin tokens were the most liquidated asset type on Oct. 10, with $82.17 million worth liquidated. The table below compares the CeFi crypto lenders in our market analysis. Coinbase, for example, primarily operates as an exchange but also extends credit to investors through over-the-counter cryptocurrency loans and margin financing. The analysis shows only the size of their crypto-collateralized loan books, however.
2025 will reward the bold, the instinct-driven, the ones who APE when others freeze. Bitcoin, Litecoin, Stellar, Chainlink, Avalanche, and Monero each have their role, but $APEING embodies the spirit of opportunity, speed, and community that defines explosive growth. It’s already priced in by many, meaning its explosive upside might be more subtle than meme coins, but still solid.
Among those are services that pay rewards to people who lend out their crypto. Many crypto exchanges will hold your crypto for you if you don’t want to set up a wallet that you control by yourself. Crypto exchanges reviewed by NerdWallet generally have no account minimums, which means you’re free to create an account and look around without spending a dime. Another way to get crypto is through what is known as a decentralized exchange. These are largely automated, blockchain-based programs that allow users to swap certain kinds of cryptocurrency for one another. While these can have lower transaction costs, they also require more technical expertise.
Are you interested in knowing which the hottest dex pairs are currently? The total crypto market volume over the last 24 hours is $195.56B, which makes a 25.54% increase. The total volume in DeFi is currently $16.52B, 8.45% of the total crypto market 24-hour volume.
This article explores which crypto will explode in 2025, analyzing Bitcoin, Litecoin, Stellar, Chainlink, Avalanche, Monero, and the community-driven $APEING. It highlights $APEING as a high-potential coin for degens and HODLers, emphasizing instinct-driven investment over cautious analysis. The piece explains technical fundamentals, tokenomics, and market trends while keeping a fun, GenZ-centric, meme-inspired tone. It provides actionable guidance on how to join the Apeing whitelist, backed by credible sources and real-world case studies. Aside from their primary role at the center of crypto sales and purchases, exchanges have added a handful of other offerings.