Ben Zhou, Bybit CEO, stated that the Total liquidation experienced by the crypto market yesterday exceeded $2 billion.
Ben reacted to a Cointelegraph tweet explaining that the actual liquidation figures were around $8 billion to $10 billion and not $2 billion as reported.
I am afraid that today real total liquidation is a lot more…
Award-winning and Popular Sleuth ZachXBT revealed Coinbase users lost over $65 million to fraudulent schemes in the last 2 months.
The crypto sleuth who played a key role in recovering several funds shared his latest insights on the largest crypto exchange in the United States.
ZachXBT, in a thread on X, shared key details from…
The 11 Bitcoin ETFs continued a trend of heavy positive inflows on Friday. The ETFs pulled in $318 million for the day a slight reduction from the $588 million inflow it recorded on Thursday.
The Bitcoin ETFs have recorded only one day of net outflow in thirteen trading days.
This highlights strong investor activity and…
Bloomberg Analyst and Exchange Traded Fund Expert James Seyffart predicted XRP ETFs would be launched in 2025 following moves made by major asset managers.
Seyffart’s prediction follows Grayscale's recent filing for XRP Exchange Traded Funds. Grayscale joins the growing list of asset managers exploring ETF products for other crypto assets outside Bitcoin and Ethereum.
Grayscale…
Kraken Crypto Exchange announced an annual revenue of $1.5 Billion in 2024 cementing its position as one of the top exchanges in the industry.
Kraken Co-CEO Arjun Sethi announced the numbers with a 31 Jan blog post highlighting the mission of the exchange and its unique approach to growth and expansion.
“ In 2024, we…
European Central Bank President Christine Lagarde ruled out Bitcoin as an option for a strategic reserve for member states.
The Former IMF boss at a Press Conference on Thursday argued that Bitcoin’s volatility and close ties to illicit funds make it unfit for a strategic Reserve.
“There is a view around the table of the…
Errol Musk, father of Tech Billionaire and Founder of Tesla has endorsed a Solana Memecoin "MUSK IT". he hopes will raise $200 million on his behalf for a Think Tank.
The Father of the richest man on the planet is backing a memecoin known as “Musk IT” and is hoping the project will do…
The month of January is on its last legs, and February the second month of the year is within reach.
The crypto market has been a rollercoaster, experiencing both explosive bullish rallies and steep corrections. With February just around the corner, let us look at some ongoing Presales in the Crypto market worth following in…
A Chinese court yesterday ruled Futures trading on exchanges is illegal gambling and against Chinese anti-gambling laws.
The Court reacted to a Chinese exchange BKEX 1000 leverage which it called inappropriate and used to promote bets on Price movements.
Employees and external promoters working with the exchange were prosecuted by the court. They were eventually…
The United States recently recorded its first Crypto tax fraud, marking a watershed moment for crypto regulations in the country.
The fraud case followed a $4 million Bitcoin sale by Frank Richard Ahlgren, a Texas citizen.
Chainalysis reported that Ahlgren was sentenced to two years in prison and mandated to pay $1,095,031 in restitution to…
