Cryptoverse: Buoyant bitcoin's losing its liquidity

The price of the No.1 cryptocurrency has jumped 40% to around $27,700 since March 10, when the failure of Silicon Valley Bank (SVB) careered into mainstream markets. Bitcoin's market depth indicates the asset is at its lowest level of liquidity in 10 months, even lower than in the aftermath of the FTX collapse in November, according to data provider Kaiko. The market depth for the two leading trading pairs - bitcoin-dollar and bitcoin-tether - stands at 5,600 bitcoin, the equivalent of about $

• 2023-03-28
• bitcoin trading Silicon Valley Bank market turmoil market maker market depth network effect

Crypto Exchange BitMEX's Acting CEO: We Have Gone Through the ‘Valley of Death’

The trading platform is built for the current market situation and is now reaping those benefits, Stephan Lutz, says.

• 2023-03-22
• Stephan Lutz market turmoil Arthur Hayes BitMEX crypto regulation Crypto exchange market share