Crypto Crash: More to Come?
Crypto Crash: More to Come?
Markets saw over $1.5bn in liquidations earlier this week, one of the year’s largest unwinds, as leveraged bets in ether and bitcoin collapsed. Could the selloff deepen? “Broadly, we see the latest leg lower as a contained deleveraging event for crypto,” Griffin Sears, Global Head of Derivatives at FalconX, told Bloomberg. “However, the increased leverage in crypto relative to a year ago still leaves ample opportunity for outsized moves”.
Nuclear Power Stock Hits New High
Oklo [OKLO] climbed 3.7% to a record $142.85 after breaking ground on its first Aurora reactor, Aurora-INL, at Idaho National Laboratory, under the US Department of Energy’s Reactor Pilot Program. CEO Jacob DeWitte said the…
