The crypto market has recently experienced major liquidations, with bulls getting the biggest hits.
Tuesday's drop from 49 to 25 is one of the sharpest since September and indicative of a quick shift toward overly bearish sentiment.
South Korean crypto exchange Upbit faces a three-month suspension on new user transfers following violations of local regulations.
The crypto market is in a state of widespread panic as total crypto liquidations reached over $1.30 billion in the span of 24 hours. Traders on X are accusing exchanges of ‘capping' long liquidations and manipulating the market.
A recent study reveals significant cryptocurrency adoption and optimism in Australia, with nearly a third of Australians having owned crypto and a majority believing in its future acceptance. Close to 60% of Users Report Profits Nearly a third (32.5%) of Australians have now owned cryptocurrency, while 42.
The crypto market has lost over $325 billion since Friday, with almost half of that wiped out in the last 24 hours. According to The Kobeissi Letter, the crypto market cap has shed over $325 billion since Friday.
Chainalysis said collaborative security efforts across the crypto community have led to freezing $40 million of stolen funds from the Bybit hack.
Sam Bankman-Fried X appearance inspired the attempt to launch a fake memecoin. The past month saw a surge in memecoin rug pulls within the sector.
Dekabank, a $395 billion asset manager, has officially launched crypto trading and custody services for institutional clients. This move follows two years of development and marks a significant shift in Germany's financial landscape.
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The Bybit hacker has laundered 100,000 ETH, about $250 million, just four days after executing the largest cryptocurrency heist. According to a Feb.
The U.S. Securities and Exchange Commission (SEC) has ended its investigation into Robinhood's cryptocurrency business without recommending enforcement action.
Aux Cayes FinTech Co. Ltd., affiliate of OKX, has reached an agreement with the USA Department of Justice (DOJ).
Ki Young Ju, the founder and CEO of CryptoQuant, has challenged the traditional notion of Altcoin Season.
The days of broad altcoin rallies are over, and only fundamentally strong projects will see gains in 2025, warns CryptoQuant CEO Ki Young Ju. As the market shifts toward selective altseason, Ju predicts that upcoming crypto ETF approvals, sustained user engagement, and revenue generation will be the key drivers determining which altcoins succeed.
Crypto trading in India is booming, with volumes hitting nearly $2 billion as small-city investors seek financial stability amid sluggish job and wage growth. Crypto trading volumes in India jumped to $1.
Upbit emphasized that the FIU's sanctions “may be subject to change” through procedures in accordance with relevant regulations.
Upbit emphasized that the FIU's sanctions “may be subject to change” through procedures in accordance with relevant regulations.
Upbit emphasized that the FIU's sanctions “may be subject to change” through procedures in accordance with relevant regulations.
Bitcoin is struggling to stay above $100K and currently sinking at $92,000 after a sharp market downturn wiped out nearly $1 billion in liquidations. The overall crypto market lost 7% of its value, triggering massive losses for traders.
Crypto markets have seen one of their largest declines of the year in an 8% meltdown that has wiped out hundreds of billions from the sector.
A bill prohibiting extra taxes on crypto payments and safeguarding digital asset rights has been introduced in the Ohio House of Representatives.
A South African study reveals growing DeFi adoption, projecting $2.8 million in volume by the end of 2025, primarily driven by retail customers.
Citadel Securities, a financial giant managing $64 billion in assets, is making a big move into cryptocurrency. With Trump openly supporting digital assets and its millennial plan to create the US crypto capital more companies are eyeing this trillion-dollar industry.
Lawmakers in Ohio have introduced House Bill 116, aiming to prevent the state from imposing additional taxes on digital assets when used for payments. The post Ohio Lawmakers Introduce Bill Banning Taxes on Digital Asset Payments appeared first on Cryptonews.
The crypto market sees $887M in liquidations as memecoins crash, Trump's tariffs shake risk sentiment, and Bitcoin repeats its 2017 bull run structure with key technical setups in play.
The crypto market today has suffered a major setback today, with the global market cap plummeting by 4.90% to $2.99 trillion. A sharp spike in trading volume, which surged 75.57% to $143.57 billion, reflects heightened panic selling across the market.
The company behind the cryptocurrency exchange OKX , Aux Cayes FinTech Co. Ltd, has admitted to running an unlicensed money transmitting business, violating US anti-money laundering (AML) laws.
Allegations rise against eXch amid Bybit hack, with links to North Korea's Lazarus Group under investigation.
OKX's operator, Aux Cayes FinTech Co. Ltd., has pleaded guilty to operating an unlicensed money-transmitting business, agreeing to pay over $500 million in fines.
OKX operator pleaded guilty to one count of unlicensed money transmitting business, agreeing to pay nearly $505 million in fines and penalties. The post OKX Operator Pleads Guilty Over AML Violations, Agrees to Pay $505M in Fines appeared first on Cryptonews.
The Securities and Exchange Commission (SEC) closed its investigation into Robinhood Crypto (RHC) without pursuing enforcement actions. This move comes amid the Commission's efforts to move away from its previous “regulation by enforcement” approach under the new industry-friendly administration.
FTX CEO Sam Bankman-Fried has reemerged on social media after more than two years of silence, puzzling the community.
Crypto markets crashed during the late hours of the US session on Monday, causing millions in liquidations as Bitcoin (BTC) extended its leg down. The crash followed reports on US President Donald Trump's tariffs against Mexico and Canada, triggering a sell-off.
OKX Plead Guilty! OKX, one of the largest cryptocurrency exchanges, has settled with the U.S. Department of Justice (DOJ) over legal violations. The exchange admitted to failing to obtain the required license to operate in the U.S. and agreed to pay over $500 million in penalties and forfeitures.
Infini, a Hong Kong-based neobank offering interest on stablecoin deposits, suffered a devastating exploit, losing $49.5 million. Blockchain security firm PeckShield reported the incident just days after Infini announced hitting $50 million in total value locked.
OKX, one of the largest cryptocurrency exchanges, has settled with the U.S. Department of Justice (DOJ) over allegations of operating without a money transmitter license. The exchanges affiliate, Aux Cayes FinTech Co. Ltd.
Infini, a stablecoin payment firm, suffered a $50 million security breach allegedly executed by a former contract developer who secretly retained admin privileges. Cybersecurity firm Cyvers reported that the attacker used a wallet funded with 1 ETH via Tornado Cash to carry out the exploit.
The crypto market is in a full-scale meltdown, with $325 billion in market cap wiped out since Friday morning as of press time, according to data from Coinglass, which also shows that the largest drop was when $100 billion disappeared within one hour.
Today, the cryptocurrency market resembles a theatrical performance in which insiders write the script and unsuspecting retail investors play the roles of the extras. While altcoins are falling, meme coins turn into minefields and liquidity remains locked in exchange-traded funds (ETFs), institutions are accumulating Bitcoin but aren't injecting free Tether and fiat into other assets.
The crypto fear and greed index has fallen to 25, the lowest level since September 2024, signaling extreme fear in the market as Bitcoin drops below $93,000.
The legislation also requires state pension funds to evaluate investing in crypto exchange-traded funds, and covers the right to self-custody and crypto mining.
Riot produced fewer bitcoins in 2024, totaling 4,828 compared to 6,626 the year before, due to the surge in mining costs.
Sam “SBF” Bankman-Fried, the convicted founder of FTX, posted on Twitter (now X) today from inside the Manhattan Detention Center, breaking months of silence with a long-winded take on layoffs, job cuts, and unemployment.
His Monday evening posts have sparked curiosity among crypto industry insiders who have closely followed him since FTX's notorious collapse.
OKX exchange has reached a settlement with U.S. authorities over its failure to obtain a license as a money transmitter.
Global crypto exchange OKX has agreed to pay $505 million in penalties after pleading guilty to operating an unlicensed money-transmitting business in violation of U.S. Anti-Money Laundering laws. The settlement follows an investigation by the U.S.