Bitcoin shorters ‘are getting rekt’ after new $75K high
Almost $180 million in short positions in Bitcoin have been wiped as it hit a new all-time high, with an analyst saying it is “meaningful” that it is driven by spot demand.
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‘Grand finale of altcoin reckoning’ soon, warns crypto trader
A big final flush out for altcoins could be imminent if historical market cycle patterns repeat.
Noted Tax Haven Cayman Islands Sees New Bills to Bring Local Crypto to FATF’s Heel
In new legislation, the Cayman Islands is looking to clarify rules on crypto exchanges, including registration and sandbox licensing. 906 Total views 32 Total shares On April 28, the legislative assembly of the Cayman Islands gazetted five new pieces of legislation governing crypto businesses — especially exchanges. How the new legislation would change the Cayman Islands’…
Bitfinex and Tether Reject ‘Baseless’ Lawsuit Filed Against Them
Bitfinex and Tether have addressed the updated lawsuit which accuses them of market manipulation.
Floki Inu warns of fake tokens on Solana and Base blockchains
Floki Inu urged its community to obtain token information only from official sources to prevent falling victim to these fraudulent schemes.
Ukrainian e-bank plans to offer Bitcoin trading in July
Monobank is seeking approval from the National Bank of Ukraine to launch its Bitcoin debit card later this month. 244 Total views 3 Total shares As the Ukrainian government progresses with cryptocurrency-related legislation, a major local e-bank is preparing to launch a debit card featuring Bitcoin (BTC) trading.Ukrainian online banking application Monobank has completed a…
Binance CEO: ‘We Will Be Suing’ The Block Over China Police Raid Story
The CEO of cryptocurrency exchange Binance has vowed to sue industry media outlet The Block over alleged false reporting.In an ongoing Twitter exchange on Nov. 22, Changpeng Zhao, known as CZ in crypto circles, promised to take legal action over an article that claimed Binance’s Shanghai office was receiving attention from Chinese police.CZ to The…
Samsung, Dutch Bank, Rotterdam Port Send Blockchain-Tracked Shipment
Samsung SDS, Dutch bank ABN AMRO and the Port of Rotterdam have jointly conducted a proof-of-concept (PoC) shipment from South Korea to the Netherlands in which they tracked a container exclusively using an interoperable blockchain platform, according to a report by The Maritime Executive on July 1.According to the announcement, the container was tracked via…
Japanese e-commerce site adopts BTC and XRP payments for used cars
The development marks the first time XRP digital currency will be used on a cross-border Japanese e-commerce site. 508 Total views 3 Total shares SBI Motor Japan, a subsidiary of SBI Africa Co., Ltd., has announced that its customers can now make payments for used cars using Bitcoin (BTC) and XRP.As per the announcement by SBI…