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Market Mayhem: Cryptocurrency Traders Hit Hard with $400 Million in Liquidations

In a tumultuous 24-hour period, nearly 120,000 crypto traders experienced substantial losses, surpassing the $400 million mark as digital asset prices took a nosedive during the opening of Asia trading hours on December 11. Data from Coinglass reveals that long positions bore the brunt of the losses, accounting for approximately $356 million, marking the most …

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Fidelity and SEC meet to discuss spot Bitcoin ETF application

The U.S. Securities and Exchange Commission (SEC) recently held discussions with Fidelity to delve into Fidelity’s Wise Origin Bitcoin Trust application. The meeting involved a comprehensive review of diagrams and an in-depth examination of the operational functionality of the proposed product. This engagement signifies a pivotal step in the regulatory evaluation process for Fidelity’s Bitcoin …

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The United States, South Korea, and Japan engage in trilateral talks to address incidents of North Korean involvement in cryptocurrency thefts.

North Korea is alleged to have acquired billions of dollars in cryptocurrency to fund its nuclear and ballistic missile programs. National security officials from the United States, South Korea, and Japan convened to address North Korea’s involvement in cryptocurrency thefts and its activities related to nuclear and ballistic missile programs. The meeting, held in Seoul, …

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Robinhood Revolutionizes Crypto Trading in the EU: Zero Fees, Bitcoin Rewards, and Unprecedented Transparency!

Exciting news in the crypto world as Robinhood, the renowned trading and brokerage firm, has unveiled its eagerly awaited crypto services for eligible customers in the European Union (EU) on December 7th. This game-changing platform empowers traders to buy and sell a diverse range of over 25 cryptocurrencies, setting itself apart by offering a unique …

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Breaking News: Jack Dorsey’s Block Unleashes Bitkey, a Revolutionary Bitcoin Wallet for 95+ Countries!

Financial payment processor Block, co-founded by Jack Dorsey, has just taken the crypto world by storm with the launch of its groundbreaking self-custody Bitcoin wallet, “Bitkey.” This game-changing wallet is set to dominate the market as it offers versatile options, available both as a mobile app and hardware storage, making it accessible to users in …

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December Delight: Crypto Prices Maintain Bullish Momentum as Investors Favor Riskier Assets: CryptoMania

Today’s crypto prices sustain the upward trend witnessed throughout December, with investors leaning towards riskier assets. The recent positive momentum in the broader crypto market propels major cryptocurrencies like Bitcoin and Ethereum to achieve record highs not seen in over a year. Stay tuned for the latest developments in this bullish market. Amidst a multitude …

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Crypto Stocks Defy Market Trends: Galaxy Digital and MicroStrategy Soar as Tech Giants Stumble: CryptoMania

Crypto investment firm Galaxy Digital Holdings (GLXY) witnessed a robust daily gain of almost 12%, marking an impressive 155% year-to-date (YTD) surge. Simultaneously, MicroStrategy (MSTR), boasting the largest Bitcoin holdings among public companies valued at over $6.6 billion, experienced a daily gain of over 6.5%, contributing to a substantial YTD rise of 288%. This outstanding …

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Crypto Firms Soar: Coinbase, Marathon, and Riot Clock Triple-Digit Gains in 2023 Amid Bitcoin’s Surge: CryptoMania

In a spectacular year for publicly traded crypto firms, Coinbase, Marathon Digital, and Riot Platforms have notched up triple-digit percentage returns as Bitcoin hit a new yearly high, surpassing $42,000 on December 4. According to Google Finance data, crypto exchange Coinbase (COIN) closed the day at just over $141, marking a 5.5% gain and an …

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Bitcoin breaks the $42,000 barrier, marking its highest point since April 2022, propelled by positive sentiment linked to Exchange-Traded Fund (ETF) prospects: CryptoMania

In a spectacular turn of events, Bitcoin, as reported on CryptoMania, has surged beyond the $42,000 mark, reaching its highest valuation since April 2022. This monumental leap is fueled by an upsurge in optimism surrounding the potential approval of Exchange-Traded Funds (ETFs) for the leading cryptocurrency. Crypto enthusiasts on CryptoMania are abuzz with excitement as …

Bitcoin breaks the $42,000 barrier, marking its highest point since April 2022, propelled by positive sentiment linked to Exchange-Traded Fund (ETF) prospects: CryptoMania Read More »

An early Ethereum investor shifts nearly $90 million worth of ETH to Kraken.

Transitioning to a cryptocurrency exchange may indicate that the investor is inclined to trade the asset for stablecoins or alternative tokens. A conspicuously substantial holder of ether (ETH) transferred nearly $90 million worth of the cryptocurrency to the Kraken exchange after remaining inactive for a period of five years, as reported by the on-chain analytics …

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