Crypto market crash triggered by 'aggressive' selling by Jump Trading – report
Jump Trading significantly contributed to the crypto market sell-off and it could be looking to sell another $104 million worth of wstETH.
Related Posts
Your rights in the metaverse: The benefits and challenges of collaborating in the digital age
The inception of the metaverse has revolutionized the way we connect, communicate, build and conduct business. Providing new avenues for creators and brands to co-create and reach global audiences, the metaverse has found a home in the fashion, arts and entertainment industries. Success stories in the metaverse include ABBA’s groundbreaking avatar show in London, which…
Alt season rush: Ethereum and DeFi get in shape for another hot summer
Altcoins like Ether (ETH), Dogecoin (DOGE) and Ethereum Classic (ETC) are spearheading a new alt season that seems to have taken off with a bang. Since a rising tide usually lifts all boats, there are several other cryptocurrencies that are benefiting from this growing interest in altcoins. Ether, however, may be the one generating the…
Crypto Exchange OKEx Confirms Tether Margin Futures Launch in October
Cryptocurrency exchange OKEx plans to launch Tether (USDT) futures margin trading in October, the firm confirmed in an email to Cointelegraph on Sept. 23.An OKEx spokesperson said that Tether futures are scheduled to be launched next month, though the exact launch date has not been set as of yet. They explained: “We are planning to launch…
Electronics Giant HTC Announces Presale of Its Blockchain Smartphone Exodus in BTC, ETH
Taiwanese electronics company HTC has announced the presale of its widely-discussed blockchain smartphone, Exodus 1, the product’s official Twitter account reveals Oct. 23.The Exodus 1 presale was officially announced today during the Web3 summit, taking place Oct. 22-24 in Berlin. According to the HTC Exodus website, “early access” to the phone can currently only be…
Lightning Labs Launches Lightning Network Client for Main Bitcoin Network
Blockchain development company Lightning Labs announced that it released the first alpha version of its Lightning Network (LN) client for the main bitcoin (BTC) network, according to a blog post published on April 23.The announcement specifies that this is still an early version aimed at testers and developers willing to start experimenting with the software.…
Bitcoin centralized by corporate giants should not be feared – Michael Saylor
During a recent podcast interview, Michael Saylor explained that Bitcoin being bought and centralized by corporations should not be feared. He also outlined three main reasons driving the need for custodians. 247 Total views 1 Total shares During a recent podcast interview, MicroStrategy’s Michael Saylor expressed the opinion that large corporations purchasing and then proceeding…
The future is Bitcoin according to South Park creators
“It’s the future — we’ve all decided centralized banking is rigged so we trust more in fly-by-night Ponzi schemes,” said the motel clerk accepting Bitcoin as payment. 3153 Total views 36 Total shares South Park, the animated TV series that often tackles topical issues with a comedic twist, showed Bitcoin being used as a mainstream…
Chinese crypto mining firm Canaan sets up shop in Kazakhstan amid crackdown
Canaan has started mining Bitcoin with its latest Avalon Miner units in Kazakhstan after setting up a service center in the country earlier this month. 2090 Total views 8 Total shares Major Chinese cryptocurrency miner provider Canaan has posted an update on its crypto mining business in Kazakhstan amid an ongoing crackdown on Bitcoin (BTC)…