Bitcoin Price Skyrockets Past $46K, Leaving Over $100M in Liquidations
As expected, the short positions are responsible for the majority of all liquidated trades. Bitcoin’s stagnation days seem to be over, at least for now, as the asset has charted…
SEC Delays Decision on Invesco-Galaxy Spot Ethereum ETF Proposal.
May 23 continues to be a significant date for the approval of spot Ethereum ETFs, representing VanEck’s final deadline for approval.The United States Securities and Exchange Commission (SEC) has again…
Uzbekistan Takes Legal Action Against Binance for Unregistered Operations
The NAPP reportedly penalized Binance around $8,200 for operating without license. Uzbekistan has stringent regulations regarding the buying, selling, and trading of crypto. Uzbekistan is preparing to confront Binance over…
BlockFi and 3AC Resolve Counterclaims in Bankruptcy Settlement.
BlockFi asserted that Three Arrows Capital owed them $129 million, while the latter countered with an even bigger claim.A settlement between defunct crypto lending company BlockFi and the collapsed hedge…
CEO of Crypto Exchange Get Jail Term for Stealing Millions of Customer Deposits
Shin was found guilty of fraudulently manipulating crypto prices and trading volume on Bitsonic from January 2019 to May 2021 using the buyback method.A South Korean district court has sentenced…
Binance to Sell GOPAX Shares Amid Regulatory Hurdles in South Korea.
A snag in the licensing process for significant shareholder modifications has occurred.FSC has voiced concerns about Binance’s capital sufficiency and governance structure.As regulatory hurdles continue to pile up, crypto exchange…
Shiba Inu Analysis: Predicting SHIB’s Value at $500k Bitcoin.
Bitcoin’s next halving event is scheduled for April, which historically triggers a potential crypto bull run.Halvings reduce BTC rewards to miners, leading to a constraint in supply growth.Shiba Inu could…
MicroStrategy Now Holds 190k Bitcoin in Portfolio After January Purchase.
MicroStrategy reached an even 190,000 BTC in January after a $37.2 million purchase. Bitcoin-bullish software company MicroStrategy (MSTR) increased its Bitcoin position again in January, bringing its total holdings to…
Ex – Terraform Labs Dev Testifies Against Do Kwon.
Lee testified that Terra executives were aware of regulatory constraints on using TerraUSD as a payment method.A former developer at Terraform Labs, known only as “Lee,” reportedly took the stand…
South Korean Crime Officers Arrest Haru Invest Executives Over Embezzlement Allegations.
The arrest comes just one day after Haru posted a “no information” update.South Korean prosecutors revealed on Monday that they had apprehended and placed under custody three executives, including its…