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BTC Price Down 2%, Triggering Liquidation of Over $34M in Bitcoin Longs in Derivatives Shake-Up
9.5.2024
On May 9, 2024, bitcoin’s value faced a decline, hitting an intraday low of $60,634 at approximately 7 a.m. EDT. The latest downturn has led to the liquidation of about $34.79 million in bitcoin long positions across various derivatives markets. As Bitcoin’s Value Declines, Heavy...
Chilliz and Azuro Partner to Tap Into Growing Onchain Sports Prediction Market
9.5.2024
Chiliz, the owner of the blockchain sports rewards platform Socios.com, and Azuro, the liquidity layer for onchain predictions, have partnered to grow the onchain sport prediction market.
The post Chilliz and Azuro Partner to Tap Into Growing Onchain Sports Prediction Market appeared first...
Blockchain Infrastructure Firm Blockdaemon Expands into ETH Liquid Staking Market
9.5.2024
Blockdaemon, a crypto infrastructure provider, said it is adding Liquid Collective's ecosystem to its platform, this in turn will allow its developers to contribute to the ETH liquid staking protocol.
The post Blockchain Infrastructure Firm Blockdaemon Expands into ETH Liquid Staking Market...
Ledn First-Quarter Loans Top Record $690M as Lending Market Snaps Back
9.5.2024
Crypto lender Ledn processed more than $690 million in loans during the first quarter, its most successful quarter since the firm's inception in 2018
Shiba Inu Price Prediction as New York-based VanEck’s Subsidiary Launches Meme Coin Fund – Will SHIB Skyrocket?
9.5.2024
SHIB has dropped by 1.5% today, with the Shiba Inu price landing on $0.00002242 as the crypto market suffers a 1% loss in the past 24 hours.
The post Shiba Inu Price Prediction as New York-based VanEck’s Subsidiary Launches Meme Coin Fund – Will SHIB Skyrocket? appeared first on Cryptonews
First Mover Americas: Crypto Market Slides as Rebound Seen Delayed
9.5.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for May 9, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Is DogWifHat on the Brink? WIF Price Dips 5% as Focus Turns to This Other Solana Meme Coin
9.5.2024
Popular Solana meme coin DogWifHat ($WIF) is taking a tumble today as falling crypto prices across the board drag many coin prices down. In the last 24 hours, WIF has fallen 4.8% and currently trades at $2.80. That makes it the biggest intraday loser among the top seven meme coins by market...
Binance Fired Investigator Who Uncovered Market Manipulation at Client DWF Labs: WSJ
9.5.2024
A Binance team found that "VIP" clients – those trading more than $100 million per month – were engaging in pump-and-dump schemes and wash trading, the Wall Street Journal said
Binance denies reports of DWF Labs market manipulation
9.5.2024
DWF Labs was first hit by market manipulation accusations in September 2023
EU seeks stakeholder opinion on adding crypto to 12T euro investment market
9.5.2024
If approved, the EU’s UCITS funds would make way for crypto assets to gain exposure to a 12 trillion euro investment product market
EU Securities Watchdog Considers Including Crypto in Investment Products, Expanding Market Access
9.5.2024
The EU securities watchdog is seeking input from stakeholders on the potential inclusion of crypto assets in investment products.
The post EU Securities Watchdog Considers Including Crypto in Investment Products, Expanding Market Access appeared first on Cryptonews
Bitcoin Price Prediction: Dips Below $61,000 Amid Regulatory Scrutiny and Fed’s Hawkish Stance
9.5.2024
Bitcoin struggles to maintain $61,000 as heightened U.S. regulatory scrutiny and a firm Federal Reserve policy stir market volatility.
The post Bitcoin Price Prediction: Dips Below $61,000 Amid Regulatory Scrutiny and Fed’s Hawkish Stance appeared first on Cryptonews
Crypto Wallet Provider Exodus Delays NYSE Listing Due to SEC Review
9.5.2024
Exodus Movement has announced a delay in its planned listing on NYSE American, the sibling market of the New York Stock Exchange.
The post Crypto Wallet Provider Exodus Delays NYSE Listing Due to SEC Review appeared first on Cryptonews
Trump Mocks ‘Boden’ Memecoin’s $240M Market Cap, BODEN Token Surges 25%
9.5.2024
Trump mocked “Jeo Boden” memecoin after hearing that the token reached $240 million market capitalization.
The post Trump Mocks ‘Boden’ Memecoin’s $240M Market Cap, BODEN Token Surges 25% appeared first on Cryptonews
Bitcoin Price Prediction as $1B Liquidity Fund Launched for Hong Kong Crypto ETFs – Will Asia Lead the Next Bull Market?
9.5.2024
The launch of a $1 billion liquidity fund in Hong Kong could be the catalyst for a bullish resurgence in Bitcoin's market value.
The post Bitcoin Price Prediction as $1B Liquidity Fund Launched for Hong Kong Crypto ETFs – Will Asia Lead the Next Bull Market? appeared first on Cryptonews
Coinbase Legal Chief Urges SEC Chair to Stop Misleading the Market About Crypto Tokens Being Securities
9.5.2024
Coinbase’s chief legal officer has publicly urged U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler to stop misleading the market regarding crypto tokens being securities. His request followed Gensler’s repeated assertions that numerous crypto tokens conform to...
Vaneck Introduces Meme Coin Tracking With ‘MEMECOIN’ Index
8.5.2024
The investment management firm Vaneck has expanded into the meme coin sector with the launch of its new Marketvector meme coin index, “MEMECOIN.” This index, available through Marketvector Indexes—a company focused on digital assets and various other sectors—monitors the performance...
Blockchain education initiatives take off amid crypto bull market
8.5.2024
Despite strong demand for crypto-savvy workers, there exists a shortage of highly-experienced employees
Terra Luna Classic Price Prediction as LUNC Rallies 4% Despite Failed Governance Proposal – Can It Sustain the Momentum?
8.5.2024
The Terra Luna Classic price (LUNC) has bounced 4% on Wednesday, despite a governance proposal to prevent double network validating falling flat and a stagnant tone to trade across the broader crypto market.
The post Terra Luna Classic Price Prediction as LUNC Rallies 4% Despite Failed Governance...
What Technical Analysis Tells Us About the Bitcoin Market
8.5.2024
The recent downturn in BTC may have some way to travel, according to Katie Stockton, Managing Partner of Fairlead Strategies