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Between Feb. 13 and Feb. 14, 2024, the volume of liquidations in the cryptocurrency market approached $140 million.

Crypto liquidations daily volume approaches $140m

According to CoinGlass, 45,965 traders have had their positions liquidated in the last 24 hours. Approximately $91 million in losses came from long positions and almost $49 million from sho...

7 months ago

In its fourth-quarter report for 2023, CoinShares highlighted that its total assets under management as of Dec. 31, 2023, was $3.81 billion.

CoinShares declares $108M revenue in 2023 earnings report

Digital asset investment platform CoinShares declared $108.5 million in annual revenue in its fourth-quarter report for 2023. In the fourth quarter of 2023 alone, CoinShares repor...

7 months ago

Bitcoin’s recent rise above $50,000 for the first time since late 2021

Bitcoin Breaks $50K Barrier: Bulls Roar Back After ETF Launch

This rally represents a recovery from the initial days following the opening of the spot ETFs, when Bitcoin experienced a drop below $40,000, eventually plummeting to $38,500 shortly after the E...

7 months ago

Most accused celebrities came out to deny their links to the fraudulent schemes, while a few involved have ceased all relationships with the accused firm.

South Korea rocked by alleged celebrity crypto scandal

South Korea has been hit by an alleged crypto scandal linked to many popular celebrities and YouTubers involving the promotion of a fraudulent scheme. According to a report p...

7 months ago

San Francisco-based venture capital firm Founders Fund spent $100 million on Bitcoin, and another $100 million on Ethereum last year.

Peter Thiel’s Founders Fund reportedly spent $200m on crypto

In the summer of 2023, when Bitcoin (BTC) was trading below the $30,000 mark, Peter Thiel’s Founders Fund began actively buying BTC alongside Ethereum (ETH), the second...

7 months ago

An analysis by Web3 firm De.Fi shows that nearly 75% of the top tokens by volume feature governance risk factors.

Governance poses threat to 75% of top tokens — Report

A bulk of the largest tokens by volume face significant governance risks, failing to follow best practices to prevent exploits and other security threats. According to an analysis from...

7 months ago

U.S. President Joe Biden’s laser-eyed social media posts after the Super Bowl are usually seen in online Bitcoin circles, but his meme wasn’t about the cryptocurrency.

Joe Biden posts ’laser eyes’ meme after Super Bowl — but it’s not about Bitcoin

United States President Joe Biden has unintentionally made himself a Bitcoin ambassador after posting a laser-eye emblazoned picture of himself on his X and Instagram profiles. Ca...

7 months ago

Argentines are using secret peer-to-peer crypto exchanges to buy U.S. dollar stablecoins as inflation continues to soar.

In inflation-torn Argentina, locals use ‘crypto caves’ — and avoid Bitcoin

Argentines are using black market exchanges, known locally as “crypto caves,” to buy United States dollar stablecoins in a bid to escape strict currency controls and the triple-digit...

7 months ago

YouTuber MrBeast is a holder of millions of dollars worth of BTC

Bitcoin news: MrBeast’s millionaire investment

Latest Bitcoin news: MrBeast, the famous YouTuber, is also a BTC holder for millions of dollars since 2021. The current price of $48,260 has returned to be higher than the value of his initial i...

7 months ago

Mid-Year Check and Policy Recommendations

South Korea Plans to Block Unlicensed Crypto Exchanges

South Korea plans to conduct virtual asset exchange inspections to expel ineligible platforms later this year. Authorities are contemplating an advanced suspension system for suspiciou...

7 months ago