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…
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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…
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,…
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…
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…
Particle Network Secures Investment from Binance Labs
The blockchain landscape is rapidly evolving with the advent of multiple Layer 1 (L1) and Layer 2 (L2) solutions, aiming to enhance scalability and user interaction within diverse ecosystems. A notable development in this sector is Particle Network strategic partnership…
Dreadful Entry to August as Crypto Market Valuation Declines to $2.07 Trillion
Entering into August, the crypto market faces a turbulent period, witnessing a significant decline in market valuation. The market, once thriving and buoyant back in July, now sees a collective valuation of $2.07 trillion. In this article, we will explore…