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Biggest Movers: SHIB Hits 6-Week High, Whilst SOL Extends Recent Gains


Solana surged by as much as 30% on Saturday, setting a fresh multi-month high in the process. The move comes as cryptocurrency markets were significantly bullish to start the weekend, with the global market cap 8.28% higher as of writing. Shiba inu was trading at its strongest point since November....

DOJ Opposes Law Firm Tasked With FTX Investigation for Conflict of Interest


The US Department of Justice has opposed FTX hiring Sullivan & Cromwell, the law firm currently tasked with the exchange's investigation, citing potential conflicts of interest.   In a recent legal filing, the US Trustee said it is objecting to the FTX decision due to two "overarching" reasons....

Over $450M Shorts Liquidated in 24 Hours as Crypto Market Extends Rally


Traders betting against the crypto market have suffered more than $450 million in losses over the past 24 hours as major cryptocurrencies surged higher in one of the most impressive rallies in about a year.  According to data by CoinGlass, short traders suffered around $457 million across major...

DMCC Crypto Centre Surpasses 500 member companies in 2022


The presence of over 500 blockchain and Web3 firms inside the Dubai Multi Commodities Centre (DMCC)’s Crypto Centre shows that demand for space is still very high, a statement has said. According to CEO at DMCC Ahmed Bin Sulayem, the “record-high” number of overall new company...

Crypto ETFs Are the Top Fund Performers as New Year Rally Strengthens


The crypto-focused exchange-traded fund (ETF) market has seen a topside push in 2023 amid a surge in cryptocurrency prices. So far this year, the 14 top-performing ETFs are all tied to digital assets, excluding leveraged products, out of about 2,000 funds tracked by Bloomberg,...

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