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Jason Shubnell

News Editor, The Block

Jason is a U.S. news editor at The Block. He previously worked as a staff writer and later served as managing editor at Benzinga, a financial news and data company. He led Benzinga's daily markets coverage as well as the expansion of the outlet's cannabis, cryptocurrency and sports betting verticals. He earned a bachelor's degree in journalism from Central Michigan University and resides in the suburbs of Detroit, Michigan.

https://www.theblock.co/author/jason-shubnell

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  • The Block
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MonetaryPolicyMarketAnalysisFinanceInvestmentLiquidationBitcoinBlockchainFinancialMarketsCryptocurrencyEconomicOutlookCryptomarketEthereumCryptoExchangeRiskManagementCryptoTrading
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  • $270.4 million in liquidations as crypto market selloff continues
    11 Jun 2024—The Block
    The cryptocurrency market has experienced a notable selloff over the past two days, which has led to a surge in liquidations. Bitcoin BTC +0.31% , the largest crypto by market cap, was down 3.5% over the past 24 hours to $67,275, according to The Block’s bitcoin price data, while Ethereum ETH -0.62% was down 4.6% to $3,495. The selloff has led to the liquidation of about $270.4 million in leveraged positions over the past 24 hours, according to CoinGlass. A significant portion, $238 million,...

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