Bitcoin Faces Bearish Pressure Amidst Market Volatility.
Bitcoin faces selling pressure with a daily RSI of 73.The SEC might approve 12 spot Bitcoin ETF applications by Nov. 17. Bitcoin, the leading cryptocurrency by market cap, is currently…
US Authorities Seize $54 Million in Crypto From New Jersey Narcotics Ring
The group in question had been actively using crypto since 2013.New Jersey’s U.S. Attorney’s Office has filed a civil forfeiture action against Christopher Castelluzzo and two other members of an…
$27 Million Worth of Stablecoins Reportedly Stolen in Crypto Wallet Hack
Cryptocurrency wallet hacked, with $27M in Tether reportedly lost.A wallet linked to the well-known exchange Binance has been breached, leading to a significant loss of $27 million. The incident primarily…
Bithumb Eyes Market Revival With IPO on KOSDAQ
Bithumb Korea reportedly settled on Samsung Securities as its underwriter.The exchange has been silent about the IPO but has confirmed about the underwriter.One of South Korea’s most renowned cryptocurrency trading…
Ethereum Fails to Break Resistance. Are Bears Taking Over?
oEthereum trading volume is down 47% in 24 hours.The daily RSI stands at 73, indicating an overbought condition. Ethereum has been a focal point of discussions in the cryptocurrency world…
Terra Luna Classic Community Approves Halting USTC Minting Proposal
The previous 48 hours have seen a rise in the price of LUNC, USTC, and even LUNA. The proposal was approved by a majority of expert validators and garnered a…
Arthur Hayes Crowns Bitcoin and Ether Crypto’s Reserve Assets.
Arthur Hayes dissects Janet Yellen’s strategies and calls for betting on Bitcoin amidst fiat liquidity “sloshing” around the global markets.BitMEX founder Arthur Hayes believes Bitcoin and Ether are crypto’s reserve…
These Bitcoin Miners Sold More BTC Than They Produced in October.
pThe amount of liquidation by the top 13 public mining companies tapped into BTC’s 30% monthly gain, as the firms sold 5,492 BTC worth roughly $164 million.For the first time…
Defunct Crypto Exchange FTX Sues Bybit to Reclaim $953 Million.
According to the lawsuit, Mirana put undue pressure on FTX staff to process withdrawal. The lawsuit seeks to recover all funds valued at an astounding $953M. Crypto exchange FTX’s bankruptcy…
DeFi Platform Raft’s Stablecoin Down 87% Post Recent Exploit.
A hacker stole 1,577 ETH and promptly transmitted 1,570 ETH to a burn address.Raft’s R dollar-pegged stablecoin declined to $0.1329, down 86.93% in the last 24 hours.DeFi platform Raft lost…