Category: Crypto
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Almost $500M in Liquidations as Bitcoin (BTC) Dumped to $64K and Alts Bled Out
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Bitcoin faced a lot of volatility on Monday, especially overnight, and fell to a new monthly high of $64,000. Altcoin volatility was similar, with several massive declines, devastating 190,000 traders on a daily basis. The underlying digital asset had a quiet weekend spending around $66,000. The start of Monday was…
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New South Korean Crypto Law To Review 600 Listed Assets
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South Korea will implement its first user protection cryptocurrency law on July 19. As a result, the South Korean financial authority has notified nearly 30 registered exchanges to review more than 600 cryptocurrencies listed on them. Under the new law, companies that do not comply may face severe criminal penalties.…
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New South Korean Crypto Law To Review 600 Listed Assets
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South Korea will implement its first user protection cryptocurrency law on July 19. As a result, the South Korean financial authority has notified nearly 30 registered exchanges to review more than 600 cryptocurrencies listed on them. Under the new law, companies that do not comply may face severe criminal penalties.…
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Is a Double Bottom Pattern Emerging?
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Ethereum price fell again and retested the $3,365 support area. ETH could start a new surge towards $3,700 if it remains above $3,365. Ethereum is still holding the key support area of $3,365. The price is trading below the $3,550 level and the 100 hourly simple moving average. There is…
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Don’t Be A Loser!” Robert Kiyosaki Dismisses High Prices As A ‘Lame Excuse’ For Retail Investors To Miss Out On Bitcoin
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The world of finance and investing is constantly evolving, with new opportunities and challenges emerging every day. In this ever-changing landscape, one person is constantly making headlines for his bold and unorthodox opinions – Robert Kiyosaki, the acclaimed author of the best-selling book Rich Dad Poor Dad. Kiyosaki, known for…
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VanEck bags Australia’s first spot Bitcoin ETF
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Asset management firm VanEck is set to launch Australia’s first spot bitcoin investment fund. According to a blog update, the Australian Securities Exchange (ASX) approved the listing of the VanEck Bitcoin ETF on June 20. The giant money manager said its offering would be the lowest-cost Bitcoin ETF in Australia.…
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Critics Allege Venezuelan President Maduro Will Use Crypto to Bypass Sanctions
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Venezuelan political pundits and activists have warned that President Nicolas Maduro and his government are increasingly turning to cryptocurrency transactions as a way to evade international sanctions. This follows the recent re-imposition of sanctions on gold and oil by the United States, after Maduro failed to respect an agreement to…
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Critics Allege Venezuelan President Maduro Will Use Crypto to Bypass Sanctions
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Venezuelan political pundits and activists have warned that President Nicolas Maduro and his government are increasingly turning to cryptocurrency transactions as a way to evade international sanctions. This follows the recent re-imposition of sanctions on gold and oil by the United States, after Maduro failed to respect an agreement to…
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Dogecoin Developer Shares ‘Easily Forgotten’ Warning With The Crypto Community
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dogecoin developer, Mashabur It issued a warning message to new investors entering the cryptocurrency space. He highlighted several risks that can be easily forgotten in this market, and urged cryptocurrency enthusiasts to stay aware of them Investment risks Emphasizing the importance of protecting oneself from avoidable losses. Dogecoin developer warns…
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Dogecoin Developer Shares ‘Easily Forgotten’ Warning With The Crypto Community
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dogecoin developer, Mashabur It issued a warning message to new investors entering the cryptocurrency space. He highlighted several risks that can be easily forgotten in this market, and urged cryptocurrency enthusiasts to stay aware of them Investment risks Emphasizing the importance of protecting oneself from avoidable losses. Dogecoin developer warns…
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TON Blockchain’s TVL Skyrockets 100% In Record Time, Analysts Bullish On Next Price Targets
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Toncoin, the native cryptocurrency of the Open Network (TON) blockchain, has recently seen a significant price rise and rapid growth in its ecosystem. After a period of consolidation between $1 and $2 since 2022, the price of TON rose to reach a record high of $8.25 on June 15. This…
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SEC’s Crypto Enforcement Chief David Hirsch Departs After 9 Year Stint
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The US Securities and Exchange Commission (SEC) has seen a major shift in its leaders, with David Hirsh, head of cryptocurrency enforcement in the agency’s crypto and cyber assets unit, announcing his departure after nearly nine years of service. The move comes amid a wave of scrutiny of cryptocurrency regulation…
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SEC’s Crypto Enforcement Chief David Hirsch Departs After 9 Year Stint
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The US Securities and Exchange Commission (SEC) has seen a major shift in its leaders, with David Hirsh, head of cryptocurrency enforcement in the agency’s crypto and cyber assets unit, announcing his departure after nearly nine years of service. The move comes amid a wave of scrutiny of cryptocurrency regulation…
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Hawkish FOMC Meet Triggers Bitcoin Outflows: Investment Products Bleed $621M
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A tighter-than-expected FOMC meeting prompted investors to reduce their exposure to fixed-supply assets, which in turn led to digital asset investment products seeing outflows of $600 million. This represents the largest outflows since March 22, 2024. Furthermore, the recent price decline has exacerbated bearish sentiment, as evidenced by a decline…
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Hawkish FOMC Meet Triggers Bitcoin Outflows: Investment Products Bleed $621M
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A tighter-than-expected FOMC meeting prompted investors to reduce their exposure to fixed-supply assets, which in turn led to digital asset investment products seeing outflows of $600 million. This represents the largest outflows since March 22, 2024. Furthermore, the recent price decline has exacerbated bearish sentiment, as evidenced by a decline…
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Is It Possible For ADA To Flip Bitcoin? Cardano Founder Gives Reason Why
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founder of Cardano, Charles Hoskinson, boldly predicted at the 2023 Rare Evo conference that ADA would become the largest cryptocurrency in the world. at recent days interviewHe offered some insight into why he thinks this will happen Cardano flips Bitcoin On its way to achieving this status. Why Can Cardano…
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Is It Possible For ADA To Flip Bitcoin? Cardano Founder Gives Reason Why
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founder of Cardano, Charles Hoskinson, boldly predicted at the 2023 Rare Evo conference that ADA would become the largest cryptocurrency in the world. at recent days interviewHe offered some insight into why he thinks this will happen Cardano flips Bitcoin On its way to achieving this status. Why Can Cardano…