The global crypto markets experienced a turbulent day as negative sentiments swept through the trading floor. Bitcoin (BTC) initially dipped to around $65,500 but later rebounded slightly to about $67,085. In addition to Bitcoin’s struggles, Ethereum (ETH) fell to approximately $2,471 from $2,563, marking a decline of over 7%. Solana
The global crypto market is heating up with various news, that led Bitcoin (BTC) to dip to $65,521 from the high of $68,722. This 5% drop followed reports from the Wall Street Journal claiming that Tether, a major player in the crypto space, is under investigation by U.S. authorities. Tether
Allegedly, the USDT stablecoin issuer is the subject of an investigation by the US Department of Justice (DOJ) investigating possible breaches of anti-money laundering regulations. This is happening shortly after Tether CEO Paolo Ardoino demanded consistent crypto rules across the nation. A US government investigation into Tether into potential sanctions
After reviewing Bitstamp’s application, the Securities Market Agency in Slovenia granted the company a Multilateral Trading Facility (MTF) license. With this authorization, the exchange may provide its retail and institutional customers with more advanced financial products. Moreover, the license grants Bitstamp the ability to provide crypto derivatives products including perpetual
As per a recent Binance Research report, Spot Bitcoin (“BTC”) Exchange-traded funds (“ETFs”) have amassed more than 938.7K BTC (~US$63.3B), which, when combined with other funds of a similar kind, represents 5.2% of the entire supply of Bitcoin. The report further mentions that these ETFs are removing an average of
Solana (SOL) is currently trading at $173, reflecting a slight decline of 0.49% over the past 24 hours, with trading volume down 20%. Despite this recent downturn, SOL has gained approximately 13% in the last week, previously hitting a three-month high of $179. The bullish momentum seen over the past
The Solana-based meme coin, Moo Deng (MOODENG), has gained notable attention in the cryptocurrency market, with its value increasing by 128.4% in the last 24 hours. Currently trading at around $0.1649, MOODENG has also seen a 293% rise in trading volume. This price action follows Binance’s announcement of a USD-Margined
Flare, the blockchain for data, has released a vital product for global blockchain development on Google Cloud Marketplace. Web3 developers will be able to launch a complete blockchain node in a matter of minutes and at a reduced cost thanks to the availability of Blockchain Machine Images on Google Cloud Marketplace. Blockchain
The digital assets sector encountered a shocking incident, as a US government-related crypto wallet was compromised. The attack led to a loss of $20 million worth of funds in the form of USDT, USDC, aUSDC, and ETH tokens. Meanwhile, on turning to the prices table, Bitcoin has resurfaced at $67K,
Recent activity in the cryptocurrency market has been intriguing. Tron and Dogecoin have experienced notable price surges. At the same time, Cybro’s presale is generating significant buzz among investors. These developments beg the question: could these be early signals of a wider market trend? Delving into these events may offer
