Crypto analyst says ‘flash crash likely’ as 24-hour liquidations hit $618M

Following Bitcoin’s (BTC) recent much-hyped halving event, many in the industry had anticipated a drop in value, especially after BTC slid to as low as $8,100 on May 10. However, following this aforementioned uncertainty, the flagship crypto asset proceeded to gain a cool 6% and rise to around the $9,500 mark in less than 48…

The arrested employees, including directors, are suspected of fraud. 2223 Total views 23 Total shares As a countrywide cryptocurrency ban looms, multiple Turkish exchanges have now come under investigation with four employees of the recently-shuttered Vebitcoin exchange arrested this morning for allegations of fraud.Last night, Vebitcoin announced it would be ceasing operations in a short…

Excitement for the upcoming release of Kyber 3.0 is helping to boost KNC price by 40% as new governance features and lower Ethereum fees excite investors. 830 Total views 8 Total shares The explosion of interest in non-fungible tokens over the past two months has taken some of the attention away from the decentralized finance…

A bill that seeks to regulate the local cryptocurrency industry has passed the the Senate of Paraguay. 499 Total views 7 Total shares On Dec. 17, 2021, the Senate of Paraguay approved a cryptocurrency bill introduced in July. The provisions, which define several key terms including virtual assets and call for licenses to mine cryptocurrencies,…

HBUS, the strategic partner of top crypto exchange Huobi, has hired a former executive of venture capital (VC) firm Draper Athena, according to a press release shared with Cointelegraph Nov. 13.The HBUS trading platform, which currently employs around 40 people in their headquarters in San Francisco, has officially announced the appointment of Jay Ryu, formerly…

According to Travala.com CEO Juan Otero, the firm’s booking revenue increased by 75% in two weeks after partnering with Expedia. 1134 Total views 19 Total shares Cryptocurrency travel platform Travala.com saw the number of rooms booked through its platform grow sharply after a recent integration with booking giant Expedia.According to Travala.com CEO Juan Otero, the…

Prominent Bitcoin analyst, David Puell, says there are two things that could cause Bitcoin to top out in the future. 2403 Total views 10 Total shares David Puell, an on-chain analyst and the creator of the Puell Multiple, believes two things could cause Bitcoin (BTC) to see a temporary top this cycle.The analyst pinpointed the…

“Whoever he or she was, Bitcoin creates value, and especially the technology behind Bitcoin, blockchain, creates value,” said András Győrfi. 1028 Total views 10 Total shares A bronze depiction of legendary Bitcoin creator Satoshi Nakamoto is now on display for visitors to Graphisoft Park in Budapest. In an unveiling ceremony on Sept. 16, András Győrfi, the…