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Crypto Traders Suffer $1B in Liquidations in Sharp Sell-Off for Bitcoin, Ether

18.8.2023
Crypto markets cratered late Thursday with bitcoin (BTC) dropping as low as $25,000 on the crypto exchange Binance

Binance.US Sees Sharp Market Share Decline Following SEC Lawsuit

19.6.2023
Binance’s US-based exchange, Binance.US, has seen a sharp decline in its share of the trading volume among exchanges that support USD-to-crypto trading. The dwindling market share held by Binance.US was clearly visible on data analyzed by The Block, which showed that the exchange now holds...

Crypto AI Economy Suffers $730 Million Loss in 2 Months as Interest Wanes

22.4.2023
Less than two months ago, a collection of 74 listed cryptocurrencies centered around artificial intelligence (AI) amassed an impressive $4 billion valuation. However, the intervening weeks have seen a sharp decline in crypto-AI economy gains, with losses of $730 million. The three most prominent...

Reddit to the Moon, Razer Stays Sharp

14.4.2023
Reddit has released another wildly popular NFT collection while Razer has launched a Web3 gaming accelerator

IMF Economist Warns of Side Effects From Sharp Monetary Policy Tightening — Says Financial Risks Have Increased

13.4.2023
The International Monetary Fund’s (IMF) economic counselor has warned of the side effects of sharp monetary tightening. Noting that “Inflation is much stickier than anticipated,” he stressed that “financial risks have risen.” IMF Economist’s Warning Pierre-Olivier Gourinchas...

First Mover Asia: Is a ‘Sharp Move’ Around the Corner for Bitcoin and Ether?

10.4.2023
BTC Edges Up. ALSO: CoinDesk Chief Content Officer ties the recent political and regulatory backlash toward the crypto industry to the alleged misdeeds of disgraced FTX CEO Sam Bankman-Fried. Will the current climate drive digital asset innovation and leadership away from the U.S.?

A Sharp Rise in Bogus Russian Crypto Exchanges – How Are Fraudsters Targeting Russians?

4.4.2023
A “significant” rise in the number of fraudulent crypto exchanges targeting Russians and Russian-speaking crypto traders has been detected, a new report has found. Per Kommersant, experts have noted a “significant increase” in the number of “small [Russian-language] crypto exchanges, some of which...

After Manhattan Indictment, Trump's NFT Trading Cards See Sharp Rise in Value – Here's Why

2.4.2023
Digital trading cards tied to Donald Trump, the 45th President of the United States, have seen a spike in price following news that a grand jury in Manhattan voted to indict him. According to NFT data aggregator NFTPriceFloor, the floor price of Trump's NFTs currently sets at 0.499 ETH, or over...

Google Trends Data Reveals Searches for ‘Banking Crisis,’ ‘Bank Runs,’ Skyrocket

19.3.2023
Interest in the U.S. banking crisis has risen greatly over the past two weeks, as shown by Google Trends data. There has been a sharp increase in queries related to search terms such as “banking crisis,” “bank collapse,” and “bank failure.” On March 13, 2023,...

Fed signals a sharp rate hike in March due to inflation — Here's how Bitcoin traders can prepare

8.3.2023
The U.S. Federal Reserve is set to roll out a fresh interest rate hike on March 22, and options traders could use this risk-averse strategy to generate profits

Dollar’s sharp recovery puts Bitcoin’s $25K breakout prospects at risk

3.3.2023
Persistent inflation and a strong labor market create conditions for more Fed rate hikes in 2023, which may push Bitcoin down against the U.S. dollar

Sharp Rise in Dating App-based Crypto Mining Scams in South Korea

23.2.2023
There has been a rise in scams that use dating apps to lure victims onto bogus crypto mining platforms, a South Korean security provider has claimed. Per EDaily, the claims were made by the regulation technology developer and security provider Uppsala Security. The firm said that scammers are...

Coinbase tweets sharp clarifications towards SEC’s claims

13.2.2023
Coinbase clarifies all the assertions and questions that have so far been raised by the SEC on its staking services. Taking it for securities or any other similar service is based on the grounds that have been finally moved by Coinbase. Brian Armstrong and Paul Grewal took to Twitter to share...

Bitcoin’s Average Transfer Fees Experience Sharp Increase: 122% Rise in 10 Days

8.2.2023
Statistics show transfer fees on the Bitcoin network have increased 122% since the end of last month, as the average transaction fee has climbed from $0.767 to $1.704 per transaction. The rise in onchain fees coincides with the new Ordinals digital collectible trend on the network, with the number...

Binance stablecoin BUSD sees a sharp market cap drop amid solvency and mismanagement worries

26.1.2023
Persistent worries about Binance’s solvency, increased regulation of the crypto sector and questionable use cases are chipping away at BUSD’s market capitalization

Natural Gas Price Hike Hits Crypto Miners in Iran

3.11.2022
Companies using natural gas as a power source to mint digital currency in Iran will have to deal with a sharp increase in the price of the fuel. The new rates set by the state-run supplier are almost double the previous and have been imposed retroactively, local media reported. Iran Raises Tariffs...

257 Economists Say Global Recession Is Near, US Trade Restrictions Against China Could Stir Taiwan Invasion

27.10.2022
According to 257 economists polled by Reuters, the global economy is approaching a recession, but 70% of the survey’s participants believe the chances of a sharp rise in unemployment levels will be low. The poll follows the Biden administration and the U.S. Commerce Department issuing a package...