Budding crypto writer with a keen interest in providing fresh insights and the latest updates in the crypto space. Enthusiastic about translating complex crypto concepts into clear, actionable information for readers.
Bitcoin’s price fell below $69,000 on Nov. 3, triggering nearly $350 million in market liquidations as the U.S. presidential election draws closer. This marked the highest trading activity since Oct. 25, when Bitcoin struggled to hold above $70,000. Data shows that liquidations on Nov. 3 totaled $349.78 million. Long positions
November 4, 2024 2 mins read
A crypto whale withdrew $5 million in USDC from Binance just 12 hours ago, making waves in the market. The funds are intended for a high-stakes bet on Kamala Harris winning the U.S. presidential election. A whale withdrew 5M $USDC from #Binance to bet on #Harris winning the #USelection 12
November 4, 2024 2 mins read
Paxos has officially launched the Global Dollar (USDG), a US dollar-backed stablecoin, in Singapore. This move aligns with the Monetary Authority of Singapore’s (MAS) regulatory framework. Furthermore, the stablecoin’s reserves will be managed by DBS Bank, Southeast Asia’s largest bank, which ensures high compliance with financial standards. (1/4) Today marks
November 1, 2024 2 mins read
The U.S. Department of Justice has indicted Aleksei Andriunin, 26, the founder of cryptocurrency financial services firm Gotbit, in a large-scale market manipulation and fraud scheme. Gotbit, along with two of its directors, Fedor Kedrov and Qawi Jalili, has also been charged in connection with these activities. Andriunin, Kedrov, and
November 1, 2024 2 mins read
The global cryptocurrency market cap currently stands at $2.28 trillion, reflecting a 5.96% drop in the last 24 hours. This decline may be partly driven by shifts in the U.S. election predictions, as recent data shows that the odds of Trump winning have dropped to 2.8%. This adjustment in election
November 1, 2024 2 mins read
Bitcoin’s current price stands at $72,437.22, reflecting a 2.15% increase in the past 24 hours. Its market cap has risen to $1.43 trillion, with a daily trading volume of $53.39 billion, marking a significant 14.90% increase. The market cap-to-volume ratio is 3.77%, signaling solid interest in BTC trading. Yesterday, Bitcoin
October 30, 2024 2 mins read
The Royal Government of Bhutan recently transferred 929 BTC, valued at $66 million, to Binance. This move follows Bitcoin’s price surge above $71,000, marking Bhutan’s first significant transfer since selling $24 million in BTC via Kraken in July. The on-chain analytics platform Arkham reported this sale. Royal Government of #Bhutan
October 29, 2024 2 mins read
Truth Terminal founder Andy Ayrey faced a major security breach on his X account. The hacker used Ayrey’s account to promote a fraudulent token, raking in over $600,000 before investors realized the scam. The token, named Infinite Backrooms (IB), quickly amassed hype and briefly reached a market cap of $25
October 29, 2024 2 mins read
The future of the Ethereum protocol is on the brink of exciting changes, particularly highlighted in Vitalik Buterin’s latest segment, part 6: “The Splurge.” This section dives into several incremental improvements that may not fit into tidy categories. But these are crucial for the protocol’s overall success. Vitalik’s vision aims
October 29, 2024 2 mins read
As the 2024 presidential election approaches, former President Donald Trump is emerging as a compelling candidate, particularly against the backdrop of current Vice President Kamala Harris. Trump’s policies, especially his strong support for cryptocurrency and innovative economic strategies, resonate with many voters seeking significant change. One of Trump’s pivotal initiatives
October 28, 2024 4 mins read
