The crypto market is in a state of flux, marked by significant liquidations and fluctuating investor sentiment. On October 23, 2024, total liquidations reached $261 million, predominantly affecting long positions as traders anticipated a continuation of Bitcoin’s bullish trend. This liquidation surge ranks as the second-largest for October, following the
The global crypto regulatory landscape has been fighting for the spotlight this week. Several countries have made announcements in the past few days, and certain controversies have arisen. Notably, US SEC chair Gary Gensler, in a recent interview, announced that the ‘regulation by enforcement’ will proceed undeterred. In the last
Blockchain gaming is undergoing a transformative change, merging engaging gameplay with decentralized benefits. Hamster Kombat has introduced a CEO feature that allows players to manage game studios and develop games, advancing beyond simple crypto transactions. OMERTA combines AAA gaming with blockchain features, providing players with real asset ownership and attracting
As predictions show Polygon’s value climbing, Monero (XMR) experiences a decrease. With ongoing fluctuations in mainstream assets, investors are shifting their focus to new cryptocurrencies that hold the promise of substantial returns. Currently, BlockDAG (BDAG) presale has successfully amassed over $100 million, racing towards an ambitious target of $600 million
While VeChain and Dogwifhat (WIF) look set to grow after their recent unpredictable prices, BlockDAG (BDAG) is capturing all the attention. This new Layer 1 network has launched a top-notch testnet, positioning itself as a strong contender against Kaspa and Solana. The feedback has been extremely positive, praising BlockDAG’s security
As Turkey’s cryptocurrency market expands, Garanti BBVA Kripto has announced a strategic partnership with Ripple and IBM to provide enhanced and secure crypto trading and custodial services to its customers. This partnership marks a significant milestone, as Garanti BBVA became the first major customer of Ripple’s newly launched Ripple Custody
The cryptocurrency sector faces regulatory discrimination on a daily basis and combating them isn’t a novelty. However, certain huge shifts may take us by surprise at first sight. For instance, in July, the US SEC’s approval of the spot ETH ETFs was entirely unexpected until a week before the approval.
Japan’s regulatory stance on crypto exchange-traded funds (ETFs) remains cautious, even as the U.S. and Hong Kong make strides in launching spot crypto ETFs. Despite the increasing demand for these financial products globally, Japan’s Financial Services Agency (FSA) continues to play it safe. The country’s crypto investors face tax hits
The crypto market is witnessing a familiar scenario as investors once loyal to Ripple (XRP) are rapidly shifting their focus. Following the turbulence caused by the 2020 SEC lawsuit, XRP’s momentum has weakened, losing nearly 90% of its value since its 2018 highs. With no significant price recovery in sight,
The cryptocurrency market’s recent momentum is on the downside. All the major assets have fallen back to the immediate support levels. Besides, the crypto market has registered $117.25 million in liquidations over the past 24 hours. Among the fluctuating altcoins, Worldcoin (WLD) has retracted back to its bearish rally after
