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Over $520M in Longs Liquidated as Bitcoin Price Drops Below $68,000


Bitcoin is trading below $68,000, nearly 7.5% down in the last 24 hours. The price correction triggered massive liquidations as the entire network saw over $657 million positions liquidated in the last 24 hrs.   The post Over $520M in Longs Liquidated as Bitcoin Price Drops Below $68,000...

Cordial Systems Launches Cordial Treasury Naming Jump Crypto as a Client


Cordial Systems, a venture-backed blockchain infrastructure company, has launched Cordial Treasury with several clients including Jump Crypto, the digital-asset unit of Jump Trading. The post Cordial Systems Launches Cordial Treasury Naming Jump Crypto as a Client appeared first on Cryptonews

Joe Biden’s budget plan covers a mining tax and crypto wash trading


An excise tax on cryptocurrency mining has been proposed by the administration of US President Joe Biden in an effort to reduce energy consumption and promote a more environmentally sustainable policy in response to the expansion of digital asset mining. An organization that leases or possesses...

Why the 66% drop in NFT trading while Ethereum rises? A quick look


The second-largest cryptocurrency in the world, Ethereum, has been enjoying a meteoric rise. The same cannot be stated for non-fungible tokens (NFTs) on the network. NFT (Non-Fungible Token) prices are anticipated to return to normalcy once capital has withdrawn from the leading cryptocurrencies....

Binance to Delist Multiple TrueUSD Trading Pairs – What’s Going On?


Binance has announced its plan to delist multiple TrueUSD spot trading pairs as well as a couple of BNB pairs, its native currency. The March 13 notice revealed that Binance will remove multiple TrueUSD and BNB trading pairs from its platform, including PENDLE/TUSD, COMP/TUSD, and EDU/TUSD. The...

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