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

Bitcoin (BTC) tapped $31,000 for a third time this year on June 25 as the weekly close promised volatility.BTC/USD 1-hour chart. Source: TradingViewBTC price challenges $31,000Data from Cointelegraph Markets Pro and TradingView showed BTC price movements focusing on yearly highs.BTC price remained strong over the weekend, as attention focused on geopolitical events in Russia and…

An anonymous source has told reporters that the first Diem pilot will focus on transactions between individual consumers. 2802 Total views 14 Total shares Facebook-backed digital currency project Diem could yet launch its first stablecoin in 2021 as a small-scale pilot, according to an anonymous source. Cited in a CNBC report published on April 20, the…

Almost half of Russians have heard of cryptocurrencies, and 13 percent claim to have a good understanding of them, a survey conducted by research holding Romir revealed August 7. Romir, a representative of the Gallup International Association in Russia, asked 1,500 Russian residents about their knowledge of cryptocurrency, as well as their plans to interact…

A significant portion of the stolen funds has been transferred into the fully automatic cryptocurrency exchange FixedFloat. 439 Total views 4 Total shares A cryptocurrency whale has fallen victim to a massive phishing attack, losing millions of dollars in staked Ethereum on the liquid staking provider Rocket Pool.A large cryptocurrency investor lost the entire address

The researchers found that in some exchanges, the wash trading volume can go as high as 80%. 95 Total views 1 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as an NFTWith exchanges becoming a focus as the FTX fiasco continues, a new research paper suggested that almost three out of four transactions in…

In this week’s newsletter, read about how Michael Jackson’s first recording is coming to the blockchain and why the nonfungible token (NFT) lending protocol ParaSpace was rebranded to Parallel Finance. Check out how the Rarible ecosystem is furthering its commitment to royalty enforcement, and find out what executives working in the gaming industry think about

The National Civil Police later released a statement saying Mario Gómez’s detainment was related to an investigation for financial fraud. 277 Total views 13 Total shares An El Salvadorian news outlet has reported that local police arrested a computer and cryptocurrency expert who was critical of the country accepting Bitcoin as legal tender for hours…

Within the last hour, the price of Bitcoin (BTC) surpassed $11,000 across major exchanges, including Coinbase and Binance. This comes after nearly two weeks of low volatility as the cryptocurrency market remained stagnant and Bitcoin price was pinned below multiple resistance levels.BTC/USD daily chart. Source: TradingView.comUnlike the previous rallies which saw Ether (ETH) lead the…

Billionaire Kjell Inge Rokke believes BTC will become an important feature of the new monetary system. 844 Total views 7 Total shares Norweigan energy service provider Aker Solutions is spinning up a new business dedicated to Bitcoin (BTC) after its CEO, Kjell Rokke, talked up the importance of the digital asset in a recent shareholder…