Bulls liquidated amid war fears April 15, 2024 Over the weekend, Crypto traders received a strong reminder about the risks of trading with leverage. In the immediate aftermath of Iran's drone and missile launch against Israel, Bitcoin and other Crypto assets experienced flash crashes. Bitcoin dropped from $70,000 to $60,000 in a matter of minutes.
The SEC Takes A Swing At Decentralised Exchange Uniswap April 12, 2024 The United States’ Securities Exchange Commission (SEC) has struck against crypto once again. Their latest Wells notice, a warning indicating the regulator’s intent to pursue legal enforcement, targeted one of crypto’s most coveted decentralised finance (DeFi) applications, Uniswap. The decentralised exchange (DEX) just passed $2 trillion in lifetime trading volume. But Uniswap is just getting [...]
Is TON Crypto’s Dark Horse For Onboarding 1 Billion Users? April 11, 2024 As Bitcoin consolidates around its previous all time high, a new player worth $23 billion has emerged in the top 10 largest coins by market cap. Strangely, this token’s rise has been mostly missed by Crypto communities. But, over the past two months, the token’s chain has seen its total value locked increase by over [...]
Solana Slows Whilst Rally Keeps Running April 10, 2024 Any business that has to turn away customers because it is too busy has a good problem on its hands. Over the past week, Solana has been experiencing this very problem. Solana’s trading volumes, and overall network usage, has ballooned to record numbers over the past few weeks. However, recently transactions on Solana have been [...]
New York Jury Find Terra Guilty Of Fraud April 9, 2024 Over the weekend, one of the many crypto lawsuits reached a conclusion. This one involved Coinbase, and this time the exchange wasn’t fighting its arch nemesis, the SEC. This case involved a collection of aggrieved users who believed Coinbase should not have sold them certain tokens. The judge sided with the exchange. They stated that [...]
Building Blocks: decoding crypto jargon:10 must-know terms April 8, 2024 The world of cryptocurrencies can be daunting for newcomers, with its own unique jargon and technical terms. To help you, we've put together a list of 10 essential crypto terms that every enthusiast should know.
Bitcoin’s Price Is At A Crossroad April 8, 2024 The approval of the Bitcoin ETF triggered a crypto market surge that pushed Bitcoin to new highs. Amidst the rally, manias have emerged, including the explosion of memecoins. However, over recent weeks, Bitcoin’s price lost some of its momentum. It now ranges just below its All-Time High. The billion dollar question for traders is where [...]
CME Traders Currently Shorting Over $6 Billion Of Bitcoin April 5, 2024 March was a big month for Bitcoin. It reached new all-time highs and ETF trading volumes reached $111 billion – almost tripling February’s $42 billion. ETFs purchasing 66,000 Bitcoin worth $3.3 billion, seriously outpaced miner production numbers of around 28,000, with that number soon to be halved. MicroStrategy’s $1.4 billion push to enter Bitcoin’s “1% [...]
Ethena’s Success Causes A Battle Within DeFi April 4, 2024 On Tuesday, the market experienced a sharp decline due to some of the $2 billion of Bitcoin within the United States Department of Justice’s wallet being moved. The wallet’s contents came from seizing 50,000 Bitcoin stolen from the dark web site, Silk Road. The market noticed an initial test transaction of 0.001 ($69) Bitcoin to [...]
Grayscale Believes Crypto Bull Cycle Is 50% Complete April 3, 2024 Coinrule One of the hardest parts of investing in crypto is “timing the top”. “A new paradigm”, “the super cycle” and “this time is different” themed X threads are written to keep you accumulating for the “next leg up”. However, Grayscale believes we are not there yet and detailed why in a report they released [...]