Bitcoin shorts worth $1.4B at risks of liquidation if BTC price hits $74.3K

The dropping of the suit came amid Terra facing a lawsuit brought by the U.S. Securities and Exchange Commission and Do Kwon possibly nearing the end of his sentence in Montenegro. 466 Total views 4 Total shares A group of investors behind a class-action lawsuit against Terraform Labs and its co-founder Do Kwon over fraud

Bitcoin (BTC) price is making a slow recovery after facing a sharp 16% correction in the early hours of April 18.While some analysts blame a 9,000 BTC deposit at Binance, others focused on the hashrate drop caused by a coal mining accident in China. Regardless of the reason behind the $51,200 low, options market makers…

Peer-to-peer, or P2P, trading platform, Oobit, has launched its purportedly SkyScanner-styled Bitcoin (BTC) price aggregator, Oobit Hunter.Oobit has also launched ‘Pass’ — “a single KYC passport for use on multiple trading platforms” that allows traders to access multiple exchanges simultaneously.Despite bold claims of offering unprecedented trading functionality, Hunter appears to host little more than a…

2022 is nearing an end and might go down as one of the most eventful years for the crypto industry owing to the prolonged winter that had wiped more than 70% of the market cap from the top and the barrage of crypto firms imploding. This was mainly due to internal mismanagement and unchecked decision-making…

Ethereum Classic, a 2016 hard fork from Ethereum’s main blockchain, has suffered multiple concerning network attacks over the last two years. Two such attacks occurred within a seven-day span, totaling millions of dollars in losses. With the dust settling from the two 51% attacks, further details are now coming forward, as provided by a number…

Whales have amassed a large portion of the Bitcoin in circulation, with around 1.86% of addresses holding most of the supply.

Bitcoin (BTC) has been struggling to break the $47,000 resistance and even with April 6’s drop below $44,000, there is still mounting evidence that the market structure is healthy. On Dec. 3, 2021, Bitcoin initiated a 25.6% correction that lasted 18 hours and culminated with a $42,360 low. Four months later, the price remained 18% below…

The past week in the decentralized finance (DeFi) ecosystem was dominated by Terra's collapse and its aftermath on various ecosystems it was connected. Now BNB chain has come to the rescue of several stranded projects on Terra by offering financial and technical assistance.After its spiral collapse, Terra co-founder Do Kown proposed a revival plan and…

Vitalik Buterin says that “smart people” have told him Solana has an “earnest” developer community. 465 Total views 5 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as an NFTEthereum founder Vitalik Buterin showed sympathy for competitor Solana (SOL) in a Dec. 30 tweet. He said that “smart people” tell him that Solana has…