Crypto News Center

Crypto Bloodbath: $1.5 Billion Liquidated as Bitcoin Crashes to $94K

Monday proved to be a tough day for cryptocurrency markets, with the crypto economy shrinking by 6.31% in just 24 hours and $1.5 billion in crypto derivatives positions vanishing. Bitcoin (BTC) found itself hanging on between $96,800 and $97,000 per coin, though it briefly plummeted to $94,249, setting off the turmoil. Bitcoin Flash Crash Causes Altcoin Avalanche: Double-Digit Losses Slam the Crypto Economy Bitcoin took a sudden nosedive after hovering...

Time to Buy Cardano? $186 Million ADA Flows Out of Exchanges

ADA, the native token of the Cardano blockchain, is poised for upside momentum as it has formed a bullish price action pattern on the daily time frame. Today, December 11, 2024, ADA has soared more than 8% after yesterday’s price decline of over 23%. Whales’ Rising Interest in ADA This notable shift in price occurred potentially due to the interest and confidence of investors and long-term holders in Cardano. It...

Bitcoin Price Holds Support: Ready to Spring Back?

Bitcoin price remained supported above the $94,200 zone. BTC is forming a base and might start a fresh increase above the $98,000 resistance. Bitcoin started a fresh decline below the $98,000 support zone. The price is trading below $97,500 and the 100 hourly Simple moving average. There is a key bearish trend line forming with resistance at $97,800 on the hourly chart of the BTC/USD pair (data feed from Kraken)....

$2.5 Billion Russian Crypto Laundering Ring Smashed

By Mark Hunter 2 months agoFri Sep 27 2024 10:21:06 Reading Time: 2 minutes The U.S. government has seized several crypto domains linked to over $2.55 billion in illicit transactions Two Russian nationals have been charged with operating illegal exchanges that facilitated large-scale money laundering The exchanges, including Cryptex and PM2BTC, processed a significant portion of their transactions tied to criminal activities The U.S. Department of Justice (DOJ) has charged...

Bitget Eyes Lithuania as MiCA Compliance Deadline Approaches

FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution Welcome to FMLS:24 – the premier event where influential brands and leaders in trading, payments, fintech,...

Fed expected to make third rate cut today—here’s what to know

Employment and inflation trends set stage for Fed's critical decision on rate adjustments. Photo: Anna Moneymaker/ Getty Images / Fortune Key Takeaways The Fed is expected to lower interest rates by 25 basis points to a range of 4.25% to 4.5%. Increased market instability is possible as the event looms. The Federal Reserve is scheduled to announce its interest rate decision during its meeting on Wednesday. Economists widely predict that...

Ethereum turns inflationary for the first time in two years amid July network slump

Uniswap remains top ETH burner despite 72.4% quarterly drop in burn rate. Key Takeaways Ethereum turned inflationary in Q2 2024, adding 120,818 ETH to its supply in Q2. Uniswap remains the largest ETH burner, despite a 72.4% drop in burn rate from Q1 to Q2 2024. Ethereum (ETH) has turned inflationary in 2024 for the first time since 2022. Despite burning 465,657 ETH since the start of the year, the...

‎US markets on official holiday today

US markets are closed today, Nov. 28, in observance of the Thanksgiving official holiday, and will resume work tomorrow. The Dow Jones index ended yesterday’s trading down by 0.3%, or 138 points, to 44,722 points. Elsewhere, the S&P 500 also fell 0.4% to 5,998 points. The Nasdaq, similarly, contracted by 0.6% to 19,060 points. This came after official data showed that annual inflation in personal consumption expenditures (PCE) price index...

Trump Confirms Plans to Create Fourth NFT Collection

By Philip Maina 4 weeks agoWed Jul 17 2024 10:48:45 Reading Time: 2 minutes Trump has confirmed that he’s planning to create a fourth NFT collection The former United States president said that the plans were influenced by his supporters Trump didn’t however disclose when the new collection will be availed to the public Two months after meeting with NFT holders in Florida, former United States president Donald Trump has...

Blake Lively's 'It Ends With Us' press tour proves she's still one of the best method dressers

Aug 9, 2024, 11:31 PM GMT+2 Read in app Angle down icon An icon in the shape of an angle pointing down. Blake Lively has been embracing florals to promote "It Ends With Us." Dave Benett/WireImage/GC Images/Gotham/Getty Images Blake Lively has been wearing floral outfits to promote "It Ends With Us" throughout the summer. The looks were inspired by Lively's character in the film, Lily Bloom, who owns a flower...