Australia Honors Kraken With Several Crypto Awards
5.7.2024
Kraken, a global cryptocurrency exchange, won several awards in Australia, including Finder’s best overall crypto trading platform in 2024. It also bagged Finder’s best-advanced trading and crypto trading – extra features. Meanwhile, Wemoney named Kraken the best platform...
Mt. Gox Begins Repayments in Bitcoin and Bitcoin Cash
5.7.2024
The news of the repayments added selling pressure on bitcoin and the larger crypto market after Mt. Gox announced last month its intention to start repayments in July
As Bitcoin Bellyflops to $54K Only Five Mining Rigs Remain Profitable, Says F2Pool
5.7.2024
Miners need to continually sell bitcoin rewards to keep operations afloat, and they are stressed during a market downturn
Surge in Crypto Scams: FSMA Sees Significant Spike in Recovery Room Fraud
5.7.2024
The Financial Services and Markets Authority (FSMA), Belgium’s financial regulatory agency, has published its mid-2024 report, highlighting a significant increase in fraudulent activities, particularly involving trading platforms and cryptocurrency scams. Nearly half of the 1,332 consumer...
Labour Landslide Sets Up Starmer as UK Prime Minister With Unstated Crypto Plans
5.7.2024
While the industry was not mentioned in the party's manifesto or on the campaign trail, Labour has said it will support tokenization and a central bank digital currency
Crypto Bulls Rack up $580M Liquidations as Bitcoin Drops 8%, Ether, Solana, Dogecoin Plunge
5.7.2024
Traders previously warned of the bearish market reaction to Mt. Gox’s bitcoin repayments
Biden’s reelection odds brush single digits on Polymarket
5.7.2024
Former U.S. President Donald Trump is still in the lead at odds at 61%, while U.S. Vice President and Democrat Kamala Harris is second with 19% odds
Bitcoin crashes to $53K, but analysts warn the worst isn’t over
5.7.2024
Analysts say Bitcoin could sink as low as $50,000 but said strong macro and an entrenched “buy the dip” mentality could see price rebound quickly
DeFi Altcoin Leads AVAX Demand After Sentiment Shift, ADA Rebounds From Key Resistance
5.7.2024
The crypto market has seen retracement after the bearish swing, with coins like Cardano (ADA) and Avalanche (AVAX) retracing to the key resistance level. Despite the retracement, demand has shifted from both coins to a new entrant. DTX Exchange is the first hybrid exchange with centralized...
Bitcoin Dips Below $54K as Mt. Gox Moves $2.6B in BTC
5.7.2024
BTC slides to lowest since late February, breaching key price support
Russia in the Process of Regulating the Use of Stablecoins for Cross-Border Settlements
5.7.2024
Russia is considering adding the subject of stablecoins to an upcoming bill, allowing them to be used officially for completing cross-border payments. Alexey Guznov, Deputy Chairman of the Bank of Russia, declared that proposals have already been presented and the issue is now being discussed....
Bitcoin falls to $55K as crypto liquidations breach $580M
5.7.2024
Around $193 million in long Bitcoin positions were liquidated in the past 24 hours, with the price of BTC hitting its lowest point since February