Crypto Bulls Fighting Back? Market Sees Green After Sell-Off

Bitcoin (BTC) tanked in November on the back of high volumes, raising the possibility that the market has, to some extent, capitulated. The largest cryptocurrency by market capitalization is currently trading at $4,000 – down 36 percent from its monthly opening price of $6,318 – according to CoinMarketCap data. That drop marks the biggest monthly…

Binance Labs did not disclose the size and form of the investment.Aevo saw a surge in trading activity leading up to its token launch in March, but volumes have faltered since then.The native token of decentralized crypto derivatives trading platform Aevo climbed Tuesday after Binance Labs, the investment and research arm of crypto exchange giant

MicroStrategy's $42 billion bitcoin acquisition strategy has some risks, the report said. CoinShares said financing conditions need to remain favorable and there needs to be investor demand for the company's convertible debt. MicroStrategy is tied to its bitcoin holdings, the asset manager said. 01:01 Bitcoin Breaks $64K While Gold Soars 00:56 ETH/BTC Ratio Slid to

feature Out of 1,650 Iranian bitcoiners surveyed in Persian Telegram groups, 25 percent earned $500 to $3,000 a month from working with cryptocurrency, according to a survey conducted by the analytics firm Gate Trade. This data offers an exclusive peek inside the evolution of the Iranian bitcoin community, and so far it looks like the…

Huobi, the Singapore-based cryptocurrency exchange, has just launched a new solution that enables users to switch between different types of fiat currency-pegged cryptocurrencies, or stablecoins, in event of market fluctuations. Announcing the solution, called HUSD, at a press conference on Friday, the firm said Paxos' PAX, TrustToken's TUSD, Circle's USDC and the Gemini exchange's GUSD…

Jun 29, 2020 at 12:54 UTCUpdated Jun 29, 2020 at 13:33 UTC(Sundry Photography/Shutterstock)A German shareholder body has accused “Big Four” auditor Ernst & Young (EY) of failing to spot a $2.1 billion black hole in Wirecard’s books soon enough. Shareholders’ association SdK filed criminal damages against EY Friday for not flagging Wirecard’s accounting practices earlier,…

Circle is claiming bragging rights as the first global stablecoin issuer to comply with MiCA. Before the rules took effect on June 30, some exchanges delisted euro-denominated stablecoins, such as Tether’s EURT. 02:25 Bitcoin Hovers Near $65.5K; Cross-Chain Bridge Wormhole Debuts at $3B Valuation 02:12 Bitcoin Price Crossed $57K; Is Stablecoin USDC Making a Comeback?

Jan 21, 2020 at 10:35 UTCIndia’s Central Bank Explains Why It Blocked Banks From Using Cryptos in Court FilingThe Reserve Bank of India (RBI), the nation's central bank, has explained that it "ringfenced" financial institutions from dealing with cryptocurrencies over a range of perceived risks.In a response to a petition from the Internet and Mobile…

June 27: Immunefi, an on-chain crowd-sourced security platform, released its "Crypto Losses in Q2 2024 report," showing a loss of $572 million to hacks and rug pulls in Q2 2024, a 112% increase compared to the same period in 2023. According to the team: "This brings the total losses to over $920 million year-to-date, with