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
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
PEPE rose 10% on the news of the listing but dropped soon after. The decision to list PEPE follows the news of upcoming launch of DOGE futures on Coinbase. On the evening of April 11th, the Pepe token with a frog theme experienced a significant increase in value during US trading hours. This surge appeared … Read more
Following its record high on March 28, the S&P 500 index has experienced a setback, dipping below the 5,150-point mark on April 12. The price of Bitcoin (BTC) has similarly taken a downturn during this period. As both the stock market and cryptocurrencies have exhibited similar trends, it is worth exploring whether the reasons behind … Read more
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
On April 12, Bitcoin (BTC) reached a new low of $65,000, demonstrating that bears are still in control. Yet, this hasn’t stopped large-scale Bitcoin buyers, known as whales, from making more purchases. The Bitcoin halving is just around the corner, with less than eight days remaining. Based on data from cryptocurrency analysis company CryptoQuant, the … Read more