Jul 04, 2024 05:50

Exciting Summer Promotion: Save 20% on Ledger Nano Color Wallets

The Ledger vibrant summer promotion, running from July 3rd to July 10th. This limited-time offer allows you to save 20% on all Ledger Nano color wallets.

The post Exciting Summer Promotion: Save 20% on Ledger Nano Color Wallets appeared first on Crypto Breaking News.

Jul 03, 2024 05:50

Discover Tangem Wallet and Get 10% Off with Promo Code CRYPTO

Enter the Tangem Wallet, a revolutionary device designed to provide unparalleled security and convenience for your digital assets. Get 10% off.

The post Discover Tangem Wallet and Get 10% Off with Promo Code CRYPTO appeared first on Crypto Breaking News.

Jul 18, 2024 05:50

Tangem Launches Worlds First Ring Hardware Wallet

Pre-order the Tangem Ring by 30th July to enjoy your first three swaps at floating rates with 0% processing fees by using a special promo code.

The post Tangem Launches World’s First Ring Hardware Wallet appeared first on Crypto Breaking News.

Jun 04, 2024 12:00

Why Ethereum ETF day one inflow wont be like Bitcoin Fireblocks MD

Stephen Richardsons view aligns with Bloombergs ETF analysts, who expect the spot Ether ETFs to capture 10%20% of the flows that Bitcoin ETFs did at launch.

Jun 02, 2024 02:15

Binance Pay Offers Up to 20% Discount on Mobile Top-ups

Binance Pay announces a promotion offering up to 20% off on mobile top-ups. (Read More)

May 15, 2025 02:15

Gala Games Reintroduces Popular VEXI Costumes with May Discounts

Gala Games has announced the return of its fan-favorite VEXI costumes through the VEXI May Favorites Pack, offering discounted prices and limited availability. (Read More)

May 02, 2025 05:55

Bitcoin 2025 Las Vegas: Get 10% Off Tickets with Code MEDIA10

As a media partner, were excited to offer you a 10% discount on all ticket types of Bitcoin2025 Las Vegas. Use the promo code MEDIA10 at checkout to save.

Apr 28, 2025 05:55

Bitcoin Trading at a 40% Discount: Spot BTC ETF Purchases Surge to $3 Billion in Just One Week

Bitcoin is currently trading at a 40% discount as demand for spot BTC ETFs reaches $3 billion in just one week. This significant discount has sparked a surge in buying activity, driving up volumes and investor interest in the cryptocurrency market. The 40% markdown on Bitcoin prices presents a unique opportunity for investors looking to [...]

The post Bitcoin Trading at a 40% Discount: Spot BTC ETF Purchases Surge to $3 Billion in Just One Week appeared first on Crypto Breaking News.

May 30, 2023 08:20

Bitcoin selling for $5K cheaper on Binance Australia as fiat ramp closes

One Bitcoin can be bought for the equivalent of $22,000 on Binance Australia if paying with Australian dollars. The problem is getting it there.

Mar 30, 2023 11:10

ASI token price prediction as AltSignals launch member discount for the ASI presale

The artificial intelligence (AI) hype has found its way into the crypto space causing the price of most AI-based cryptocurrencies including newly launched tokens like AltSignals’ ASI token to surge.  AltSignals has been in operation since 2017. However, its popularity has gone through the roof after announcing it is working on AI-powered products backed by …

<p>The post ASI token price prediction as AltSignals launch member discount for the ASI presale first appeared on CCNC | Cryptocurrency Newscast.</p>

Mar 21, 2024 04:15

"I Bought my Bitcoin for a Little Under $9000... YESTERDAY"

That's what one lucky trader who used crypto exchange Bitmex managed to do yesterday.  As the market was in freefall and clearly intending to 'buy the dip' - the still anonymous user's 'dip' was more like a massive free leading deep under ground, finally landing at a discount of about $54,000!

The Obvious Question: How!?

It's important to note that there is no official answer to this question, yet. The exchange says they're "investigating the massive sell orders to better understand the circumstances that led to this unusual market activity".

We do know someone dumped 400 BTC onto the exchange, which is a lot for any exchange to immediately handle, and in the case of BitMEX they're not even among the top 10 exchanges daily volume.

Without any signs of a hack, or bug on the exchanges end, it appears the seller and his poor choice of where to sell his 400 Bitcoin was enough to cause a "flash crash" or a liquidity crisis. Flash crashes occur when there is a large sell order or a cascade of sell orders overwhelming the buy orders in the order book.

In Other Words, Someone Messed Up, BADLY...

While an exchange like Binance or Coinbase could handle selling 400 BTC  without causing any drastic price movement, BitMEX often doesn't move this much Bitcoin in an entire day.

Still, the seller could have at least set a fixed price near market value to prevent selling for much lower.  But this seems to have been a market order - which is designed to sell as fast as possible by accepting every offer on the books until they have nothing left to sell. 

It's q both smart enough to have accumulated 400 BTC, but dumb enough to accidently sell them at pric

For just a few seconds, Bitcoin drops under $9000, a price not seen since 2018...
Without any signs of a hack, or bug on the exchanges end, it appears the seller and his poor choice of where to sell his 400 Bitcoin was enough to cause a "flash crash" or a liquidity crisis. Flash crashes occur when there is a large sell order or a cascade of sell orders overwhelming the buy orders in the order book.

In Other Words, Someone Messed Up, BADLY...

While an exchange like Binance or Coinbase would have been able to handle a sell of 400 BTC  without causing any drastic price movement, BitMEX often doesn't move this much Bitcoin in an entire day.

Still, the seller could have at least set a fixed price near market value to prevent selling for much lower.  But this seems to have been a market order - which is designed to sell as fast as possible by accepting every offer on the books until they have nothing left to sell. 

It's so odd when you realize both smart enough to have accumulated 400 BTC, but dumb enough to accidently sell them at price.

How You Could Benefit from Situations like This in the Future...

Flash crashes are gone... in a flash, and you won't spot one happening until it's over.   So if you want to give yourself the very small chance that one day a flashcrash will benefit your wallet, you need to place low bids for your favorite coins now.  Make the orders are set 'Good Until Canceled' so your offers sit there ready to be accepted if they get the chance. But realistically, you should consider the funds used for this as funds you're simply HODLing, as the end result will probably be the same. 

---------------
Author: Ross Davis
Silicon Valley Newsroom
GCP | Breaking Crypto NewsSubscribe to GCP in a reader

Mar 12, 2024 02:15

Binance Pay Launches March Promotions with ACH Rewards and Discounts

Binance Pay announces March promotions offering up to 5,070 ACH tokens in rewards and up to 50% discounts for users spending on their platform. (Read More)

Mar 04, 2023 04:40

What is the time value of money (TVM)?

Understanding the time value of money is essential for making sound financial decisions and maximizing returns on investment.

Feb 20, 2023 08:20

South Korea’s Kimchi premium turns to discount

The “Kimchi premium” has flipped to discount again, and that could be saying something about crypto market sentiment, at least in South Korea.

Feb 14, 2023 10:30

Ledger Valentine’s Pair Promo 2023 | 10% off and free shipping

Ledger is currently running the “Ledger Valentine’s Pair” promo. What’s included in the promo: From Valentine’s Day to Feb 21st, birds of a feather can crypto together with the Ledger Valentine’s Pair. Give someone special the gift of security and celebrate their crypto onboarding with matching, custom-engraved Ledger Nano X. The intuitive Nano X is […]

The post Ledger Valentine’s Pair Promo 2023 | 10% off and free shipping appeared first on Crypto Breaking News.

Jan 05, 2023 10:35

Ledger Refer a Friend Promo | Get $10 worth of Bitcoin Gift Card

Ledger is currently running the “Refer a Friend” promo. What’s included in the promo: Buy any Ledger Nano wallets (Ledger Nano X, Ledger Nano S plus, Ledger Stax) and get $10 in Bitcoin once you complete the purchase From the moment you click on the referral link, you have 7 days to use it. Please […]

The post Ledger Refer a Friend Promo | Get $10 worth of Bitcoin Gift Card appeared first on Crypto Breaking News.

Dec 29, 2022 02:50

Should you buy ADA as its price is discounted and it can be staked on Apple devices | Invezz

Cardano (ADA/USD) became available for staking on any device running iOS through Trust wallet. Blockchain firm Santiment published a post highlighting that ADA sellers are getting exhausted, indicating that the Cardano price is discounted. Are you looking for fast-news, hot-tips and market analysis? Sign-up for the Invezz newsletter, today. Cardano is a blockchain platform that ... Read more

<p>The post Should you buy ADA as its price is discounted and it can be staked on Apple devices | Invezz first appeared on CCNC.</p>

Nov 25, 2022 02:10

Ledger Black Friday 2022 offer | Get 10% off on all Ledger products with this promo code

Ledger is currently running the “Black Friday 2022” promo and it’s offering: The bitcoin gift cards have sold out, due to the amazing response from the users. However, Ledger is extending the Black Friday offer by offering 10% site-wide valid until Monday 28th, midnight PST. Here’s how it works: Go to the official Ledger website: […]

The post Ledger Black Friday 2022 offer | Get 10% off on all Ledger products with this promo code appeared first on Crypto Breaking News.

Nov 21, 2022 10:30

Ledger Black Friday 2022 offer | Get up to $30 of FREE BTC when you buy a Ledger

Ledger is currently running the “Black Friday 2022” promo and it’s offering: 1) When you purchase a Nano X on their website, you get $30 worth of BTC. 2) When you purchase a Nano S Plus on their website, you get $20 worth of BTC. The promo started today 21 November 2022, at 4 pm […]

The post Ledger Black Friday 2022 offer | Get up to $30 of FREE BTC when you buy a Ledger appeared first on Crypto Breaking News.

Oct 11, 2022 10:35

Ledger | Free shipping on all wallets until the 18 October 2022

  Ledger is running the “Free Shipping Week” promo and it’s offering free shipping for a week, from 10th October to 18th October 2022.   The Free shipping promo applies to all wallets!   Click here to get the promo: https://cryptobreaking.com/go/ledger/   No code is required, just use our link above.

The post Ledger | Free shipping on all wallets until the 18 October 2022 appeared first on Crypto Breaking News.