XRP has just regained a position it hasn’t held in weeks, and the derivatives market suggests traders are positioning for more. The token rose to $1.53 on Tuesday, up 11% on the week, overtaking BNB to become the fourth largest cryptocurrency with a market capitalization of $93.4 billion. The move broke through resistance at $1.40, […]
Ripple-linked token turns BNB as open interest towards the pre-crash level Read More »
Bitcoin BTC$74,282.79 has fallen back below $75,000, underscoring the fragility of its early Asian session rally to six-week highs. Prices rose to $75,912 early Tuesday, the highest since Feb. 4, according to CoinDesk data. 10x Research pointed to derivatives market activity as the main driver behind this rally. Specifically, closing large bearish bets tied to
BTC gives up early gains, XRP, SOL, DOGE follow suit Read More »
Bitcoin BTC$73,470.16 surged past $75,000 early Tuesday, helped by changing dynamics in the derivatives market. Prices hit a high of $75,800, convincingly topping the long-term resistance corridor between $73,750 and $74,400, reversing price trends three times since 2024, according to CoinDesk data. The so-called bullish breakout happened when traders closed out bearish short positions initiated
BTC Surges Above $75,000, XRP (XRP) and Ether (ETH) Jump 8% Read More »
Bithumb, one of South Korea’s leading crypto exchanges, has been fined by the country’s Anti-Money Laundering and Terrorist Financing Agency. South Korea’s Financial Intelligence Unit (FIU) has fined 36.8 billion won ($24.6 million) and ordered a six-month partial suspension after finding millions in violations of the country’s anti-money laundering rules. The sanctions stem from breaches
South Korea Fines Bithumb $24M and Orders 6-Month Partial Suspension for AML Violations Read More »
The US Securities and Exchange Commission (SEC) ended its civil enforcement action against BitClout founder Nader Al-Naji and several related defendants, saying the decision was “based on the particular facts and circumstances of this case.” In a joint stipulation filed March 12 in the U.S. District Court for the Southern District of New York, the
SEC drops lawsuit against BitClout founder Nader Al-Naji over DeSo crypto project Read More »
A UK High Court judge allowed a trial over the alleged theft of more than 2,323 bitcoins to go ahead last week, in a case that highlights how the country’s legal system is still adapting traditional property rights to cryptocurrency. British resident Ping Fai Yuen claimed in court proceedings last week that his estranged wife,
UK judge allows trial over alleged $172M bitcoin theft between spouses Read More »
Artificial intelligence-linked cryptocurrencies extended their rally on Monday after Nvidia CEO Jensen Huang laid out the company’s vision for the next phase of AI infrastructure during his keynote at Nvidia’s GTC developer conference. Among the big movers was AI-focused blockchain NEAR$1.4902which has risen more than 10% over the past 24 hours, reaching its strongest level
CEO Jensen Huang’s keynote fuels AI crypto-token rally Read More »
OpenSea co-founder Devin Finzer said Monday that the timeline for the launch of the much-anticipated SEA token is being pushed back as the company seeks to ensure the rollout is fully prepared rather than forcing a debut amid difficult crypto market conditions. In a post on X, Finzer said that the OpenSea Foundation initially planned
OpenSea Delays SEA Token Launch Citing Challenging Crypto Market Conditions Read More »
Strategy ( MSTR ), the world’s largest publicly traded holder of bitcoin, continued its big streak of weekly purchases, adding $1.57 billion worth of BTC, according to a Monday filing. Led by executive chairman Michael Saylor, the company added 22,337 bitcoin at an average price of $70,194 per coin, bringing the holding to 761,068 coins,
MSTR added 22,337 BTC last week, marking another mammoth purchase Read More »
