On Monday, the crypto market recorded massive liquidations reaching more than $1.2 trillion within a day. In this article, we will explore how Ark Invest purchased crypto stocks despite the massive liquidations and its significance. $1.2 Trillion Crypto Liquidations Image…
Raoul Pal Bitcoin: Here is a Bigger Picture Beyond the Crypto Crash
Raoul Pal, a macro analyst and former Goldman Sachs executive, sees the recent market crash differently. So, in a recent interview, Pal Bitcoin claims that the crash might just be a blessing in disguise for the crypto market. Japan’s Nikkei…
Trump Proposal for Bitcoin Reserve Worries Legal Authorities
Donald Trump campaign promise to create a national Bitcoin stockpile with cryptocurrency held by the US government has alarmed former prosecutors, who argue it would divert seized digital assets meant to compensate crime victims. If elected president, Trump vowed that…
Judge Finds Ripple Guilty Ripple to Pay $125million in SEC Case
On Wednesday, a landmark decision was made in the ongoing legal battle between Ripple Labs and the Securities and Exchange Commission (SEC). The federal judge, Analisa Torres, presiding over the Southern District of New York, delivered a crucial ruling that…
XRP(Ripple) One of the Least Affected In Bitcoin Crash – Still Over 14% Gains in Monthly Chart as Valuation Stays at $28 Billion
August 2024 has been a particularly challenging month, characterized by a significant price crash of Bitcoin, which sent shockwaves throughout the crypto ecosystem. Amid this crash, XRP has emerged as one of the least affected cryptocurrencies, managing to post gains…
Crypto Rebounds as Bitcoin and Ethereum Recover from Losses
Bitcoin and Ether recently navigated a tumultuous period, rebounding from significant downturns that marked a critical phase in the crypto markets. After falling below critical price thresholds, with Bitcoin under $50,000 and Ether experiencing its most significant drop since 2021,…
Bitcoin ‘Digital Gold’ Status Questioned by Crypto Selloff
Bitcoin, the world’s first and most well-known cryptocurrency, has long been compared to gold due to its scarcity and potential as a hedge against economic instability. However, recent market dynamics have tested this comparison, revealing complexities in its behavior and…
Fed Rate Cuts Impact on Bitcoin and the Global Crypto Market
In response to a severe global crypto market crash, the U.S. Federal Reserve (Fed) has called an emergency meeting today. Significant declines in Asian markets, including a dramatic drop in the Japanese yen, have intensified market distress. Bitcoin has also…
Bitcoin Drops as Ethereum Sees Biggest Fall Since 2021
In the early hours of a turbulent Monday in global financial markets, cryptocurrencies faced a severe downturn, significantly impacting major players like Bitcoin and Ether. As stocks worldwide took a hit, the effects rippled into the digital currency arena, where…
Crypto Hacker Seizes $40M in Ether Amid Sharp Market Selloff
In recent events, the volatile nature of the cryptocurrency market has been vividly demonstrated. A significant selloff impacted most major tokens, resulting in steep losses for many holders. However, amidst this turbulence, an opportunistic player, linked to a notable crypto…