Millions Liquidated after Ethereum Price Drops 4.2% in 24 Hrs.
Cryptocurrency, took a sharp hit on Wednesday, losing about 4.28% in a single day and trading near $4,003.05, after it crashed to $3,966. The broader crypto market also fell 1.35%,…
Australia’s ASIC Proposes Regulatory Framework for Crypto Platforms.
Australia’s Asic Proposes Regulatory Framework For Crypto PlatformsAustralia has proposed a regulatory framework to inculcate financial services laws for the crypto industry. The primary aim of this regulation is to…
Crypto Exchange Gate Unveils Its Own Layer 2
Gate, a leading cryptocurrency exchange, has unveiled its proprietary Layer 2 (L2) network dubbed Gate Layer. The launch of this L2 coincides with a significant upgrade to the tokenomics of…
ETH Struggles to Hold $4K, As Bitcoin Battles for $110K Support.
Amid the market downturn, Ethereum (ETH) is facing a notable selling pressure as its price hovers around $4,000. It is currently trading at $4,012 after falling 3.93% in the past…
WhatsApp Rolls Out In-App Message Translation for iOS and Android.
WhatsApp has launched a new built-in message translation feature for iOS and Android users, enabling seamless cross-language communication without external apps. The rollout began this week (as of September 25,…
FTX Recovery Trust Files $1.15B Lawsuit Against Genesis Digital.
The FTX Recovery Trust filed a $1.15 billion lawsuit on Monday in a Delaware bankruptcy court, accusing Genesis Digital Assets (GDA), a Kazakhstan-based bitcoin mining firm, of receiving customer funds…
Bitcoin Faces Liquidity Threat as $107K Cluster Builds.
Bitcoin is currently growing under a huge selling pressure as a liquidity cluster forms near $107,000, raising the risk of sharp price swings. In contrast, the global crypto market cap…
Michael Saylor Says Bitcoin Is the “Next Frontier” for Treasuries.
Michael Saylor, CEO of Strategy, described Bitcoin as the “next frontier” for national reserves and corporate balance sheets. He argued that, unlike cash or share buybacks, Bitcoin strengthens companies’ finances…
Coinbase CEO Predicts Bitcoin Could Hit $1 Million by 2030.
Coinbase CEO Brian Armstrong believes Bitcoin’s future is brighter than ever, and he isn’t shying away from bold predictions. Speaking on FOX Business, Armstrong said there’s a “good chance bitcoin…
SEC Clears Grayscale’s ETH ETFs Under New Generic Rules.
The U.S. Securities and Exchange Commission (SEC) has approved Grayscale’s Ethereum Trust and Ethereum Mini Trust to list under NYSE Arca’s new generic Rule 8.201-E, streamlining the exchange traded fund…