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
Over 45,000 ETH were deposited to exchanges on 8th April ETH has fallen by over 1%. On the last day of trading in April 8th, Ethereum [ETH] saw a significant price jump. At the same time, there was a rise in the amount of ETH flowing into exchanges, with Alameda taking advantage of this trend … Read more
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
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
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
A venture capital firm specializing in cryptocurrency, called Paradigm, is spearheading a $225 million investment in a fresh layer-1 blockchain network. This new network aims to challenge the dominance of Solana and other leading blockchain networks in the market. Monad Labs, a blockchain company, finished raising funds for their project. Their goal is to construct … Read more