Bitcoin’s adverse price developments that began at the start of the previous business week culminated in another nosedive earlier this morning to just over $80,000 on most exchanges. This means that the asset tested this key support for the first time in nearly a month. Here are some of the possible reasons. Pain in Asia […]
Despite its risks and heightened volatility, the cryptocurrency market can offer people the chance of making substantial gains in a relatively short time. Of course, this usually requires entering the ecosystem early enough and knowing when to cash out. Check out the crazy story of one trader who dealt with Hyperliquid’s HYPE. Millions in Less […]
OP, the native token of Optimism, climbed nearly 20% at one point in the last 24 hours after Uniswap announced that Unichain will hand its production operations to OP Enterprise. The rally came as Bitcoin and several major altcoins faced renewed selling pressure, giving OP a rare boost. Unichain Handover Sends OP Higher CoinGecko reported […]
South Korea is expanding its crackdown on unregistered exchanges. Financial authorities have ordered blocks on 27 overseas cryptocurrency exchange websites operating without registration in the country. The list includes major platforms such as KuCoin, MEXC, BingX, Phemex, XT.com, Bitrue, CoinW, Poloniex, BTCC, and BitMart. The decision comes after two reviews held on October 6 and […]
Sberbank joined the Bank of Russia’s register of crypto exchange organizations on Monday, bringing the list to ten firms. According to Interfax, the listing lets Russia’s largest bank buy and sell digital currencies on its own account, outside organized trading, under the central bank’s definition of the role. Sberbank already sat on the regulator’s separate […]
Pi Network’s team is expected to complete another major ecosystem development later this week, and it remains unclear whether the move will fuel a price surge for the native token or even arrive as scheduled. PI continues to underperform, with its valuation nosediving by 60% over the past year and currently trading just above its […]
Bitcoin’s price volatility has returned at the start of the business week, with the asset getting rejected at $84,000 yesterday, only to crash by over three grand before staging a notable comeback. With most altcoins following a similar trajectory, it’s no wonder that the total value of wrecked positions has skyrocketed to well over $800 […]
XRP spot trading activity has plunged sharply in recent weeks, even as futures trading takes on a larger role. Data compiled by CryptoQuant shows that combined spot volume across centralized exchanges fell by $1.943 billion between August 26 and October 11. Binance accounted for $429 million of that decline, after its seven-day average spot volume […]
After reports emerged of a potential theft of over $80 million in crypto from its devices, Ledger confirmed over the weekend that at least one wallet tied to the ongoing CryptoBilis investigation contained an unauthorized hardware implant. Meanwhile, a new community report on X claimed a suspicious Ledger device bought from MediaMarkt in Europe may […]
A 25-year-old man has been jailed for two and a half years for his involvement in SIM-swap fraud, which saw four people lose £200,000 worth of crypto in November 2021. According to the City of London Police, Ajay Shinjin, also known as AJ Marley Cruz, received more than £44,000 from the proceeds of crime and […]