Bitcoin (BTC) traders are hedging against a potential market drop, with a massive options bet targeting a $60,000 price level for the flagship cryptocurrency. The block trade represents one of the largest bearish bets in […]
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Check this video on YouTube
Cryptocurrency exchange Bybit has announced the shutdown of its non-fungible token (NFT) marketplace. In an April 1 announcement, Bybit warned its users that its NFT marketplace will cease operations on April 8 at 4:00 pm […]
TLDR Ethereum is struggling to maintain support at $1,900 after recovering from the $1,750 level An Ethereum early adopter sold 2,001 ETH for $3.82 million, securing an $8.66 million profit ETH options worth $2.13 billion […]
Sumitomo Mitsui Financial Group (SMBC), a Japanese banking and financial services conglomerate, along with business systems firm TIS Inc, Ava Labs — the developer of the Avalanche network — and digital asset infrastructure company Fireblocks, […]
A stablecoin called First Digital USD (FDUSD) lost its dollar peg on Wednesday after Tron founder Justin Sun claimed that its issuer, First Digital Trust, is effectively insolvent. The Hong Kong-based firm is currently “unable […]
The First Digital US dollar-pegged stablecoin (FDUSD) depegged on April 2 following claims of insolvency from Tron network founder Justin Sun, who said that the issuer of the tokenized fiat equivalent, First Digital, is insolvent. […]
California Representative Maxine Waters, ranking member of the US House Financial Services Committee, used her opening statement at a markup hearing to criticize President Donald Trump’s business and ethical entanglements with the crypto industry, including […]
XRP (XRP), the native cryptocurrency of the XRP Ledger (XRPL), has been touted by proponents as a high-speed, low-cost solution for cross-border payments. But just how much value flows through the network on a daily […]
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