Market makers sold over $300M Ether as ETH price crashed below $2,200
Ether’s price fell from above $3,000 to $2,100 due to selling pressure from a select group of market makers.
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Top Japanese bank MUFG introduces new stablecoin platform
After many years of digital currency development, Japan’s largest bank MUFG has officially introduced its own stablecoin project. 242 Total views 37 Total shares Mitsubishi UFJ Financial Group, Japan’s largest financial group, is working hard to take the lead in stablecoin development, launching a proprietary stablecoin project.On Wednesday, MUFG introduced its stablecoin platform called “Progmat…

Bitcoin whales are profiting as ‘weak hands’ sell BTC throughout $40K bull run
High or low, Bitcoin is still being shaken out of small investors and flowing to "millionaire" wallets, data confirms this week. 4263 Total views 21 Total shares Bitcoin (BTC) is changing hands fast after its drop to $32,000 and only millionaires are winning, data shows.Statistics governing wallet balances from Glassnode on Jan. 11 reveal that…

108 ex-prosecutors, feds echo calls to rescue Binance exec in Nigeria
The potential consequences of the United States government not helping Tigran Gambaryan are “dire,” according to a cohort of former federal prosecutors and agents.

Twitter CEO Jack Dorsey Still Believes Bitcoin Will Be Internet’s Currency
Co-founder and CEO of Twitter Jack Dorsey declared again that he believes Bitcoin (BTC) will be the internet’s native currency. Dorsey made his comments during an interview with American comedian and podcast host Joe Rogan published on Feb. 2.During the interview, Dorsey stated:“[Bitcoin] was something that was born on the internet, that was developed on…

Bitmart seeks restraining order to prevent hackers from selling fake BSV
The owner of crypto exchange Bitmart has asked a New York judge to intervene to prevent hackers from selling the fraud-begotten coins on the open market. 128 Total views 9 Total shares The owner of crypto exchange Bitmart has filed a bid for pre-arbitration injunctive relief to prevent Chinese hackers from making illicit transfers using…

This simple Bitcoin options strategy allows traders to go long with limited downside risk
Bitcoin (BTC) bulls were hopeful that the Nov. 21 dip to $15,500 would mark the cycle bottom, but BTC has not been able to produce a daily close above $17,600 for the past eighteen days. Traders are clearly uncomfortable with the current price action and the confirmation of BlockFi's demise on Nov. 28 was not helpful…

Bitcoin falls to two-week lows as $6 billion in options set to expire — What’s next?
Bitcoin’s (BTC) price has been in retreat, down 20% since the recent all-time high at $62,000 in mid-March. As crypto markets are frequently volatile, this may very well be another normal pullback within the current bull cycle. Corrections are needed to generate strength for further upward momentum as markets can’t go up in a straight line.…

BRC-20 tokens surpass $1B market cap as wallet providers prepare integration
The growth in BRC-20 tokens comes just two months after the creation of the Bitcoin token fungibility protocol. 494 Total views 2 Total shares On May 9, the total market capitalization of BRC-20 Bitcoin tokens surpassed $1 billion, with a total trading volume of $207.7 million in the past 24 hours. Some of the most notable…