Bitcoin price falls to $65K as $400M crypto market liquidation rocks BTC and altcoins

On April 12, the value of Bitcoin (BTC) unexpectedly dropped by 5%. This decline led to approximately $400 million in losses for traders holding leveraged positions in Bitcoin and other cryptocurrencies within an hour. In simpler terms, the price of Bitcoin decreased rapidly by 5%, resulting in significant financial setbacks for certain traders with amplified … Read more

Crypto Biz: Tokenization spikes, SEC delays Bitcoin ETF options, and more

Over $1 billion worth of United States Treasury tokens have been transferred onto public blockchains, with traditional financial institutions increasingly moving their securities online in response to extended high-interest rate conditions. According to the data collected by 21.co and Dune Analytics, the value of tokenized government securities surpassed $1 billion on March 28th. This figure … Read more

BingX exchange openly supports Iranian users, defying sanctions

The BingX crypto exchange is allowing sanctioned Iranian users to evade restrictions. At the open marketplace, an Iranian edition of their site is freely shown, and representatives have communicated in Persian within the exchange’s authorized Telegram forum. Based on one interpretation, the Bing X platform welcomes Iranian users and allows for authentication using a national … Read more