$102M shorts liquidated as Bitcoin price surpassed $72K

Approximately $102 million in short positions with borrowed funds were closed in the last 24 hours because Bitcoin (BTC) surpassed $70,400 in value. Has Bitcoin (BTC) definitively broken through its weekly price range? Over $33 million worth of Bitcoin shorts liquidated Yesterday, Bitcoin reached a peak price of $72,668. Since then, it has retreated and … Read more

Levels of consumer trust in crypto increasing: Report

According to a recent Deutsche Bank report, there’s been a slight decrease in consumer doubt regarding Bitcoin. However, only around one-third of those surveyed anticipate a significant price decline by the close of 2024. A survey released on April 8th gathered opinions from approximately 3,600 consumers. Around 52% of them expressed their belief that cryptocurrencies … Read more

Former Ethereum adviser files $9.6B lawsuit against US gov’t

Steven Nerayoff, who played an early role in guiding Ethereum, has initiated a legal action against the US administration for allegedly making false accusations and mishandling him by federal agents from 2019 to 2023. Nerayoff, who has publicly accused Ethereum co-founder Vitalik Buterin of fraud, filed a Federal Tort Claims Act (FTCA) lawsuit against the … Read more

The $70,000 question: Why BlackRock merged Bitcoin with Wall Street

BlackRock embraces Bitcoin due to client demand. BlackRock merges traditional finance with crypto through tokenization. The price of Bitcoin (BTC) has shown remarkable volatility in the past few weeks. It dipped as low as $65,000 before rebounding and surpassing the $70,000 mark once more. Due to the growing popularity of Bitcoin, BlackRock has made thoughtful … Read more