Bitcoin Trader Sees Prices Slumping to $60K as Crypto Bulls See $650M in Liquidations
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)
The CoinDesk 20, a broad-based index of the most liquid crypto tokens, was down 8.25%.
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)
The CoinDesk 20, a broad-based index of the most liquid crypto tokens, was down 8.25%.
Hong Kong Regulator Says Crypto Exchange MEXC Has Been Operating Without a License
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)
Last year, regulators in Japan and Germany also alerted consumers the exchange was unlicensed.
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)
Last year, regulators in Japan and Germany also alerted consumers the exchange was unlicensed.
Bybit faces regulatory heat for unlicensed Hong Kong operations
Cryptopolitan (RSS)
The Securities and Futures Commission (SFC) of Hong Kong has recently issued a public warning. It concerns Bybit, a virtual asset trading platform. The SFC’s announcement, dated March 14, highlights that Bybit operates without the necessary licensing in the region. This move marks a significant step by the regulatory body to safeguard investors from potential risks associated with unlicensed financial activities.
Bybit, recognized as the third-largest centralized crypto exchange globally, boasts a substantial trading volume. Reports indicate that its 24-hour trading volume exceeded $7 billion as of March 14. Despite its global prominence, the SFC’s scrutiny underscores a rigorous stance on regulatory compliance within Hong Kong’s financial market.
Unlicensed Bybit activities prompt SFC warning
The warning i...
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Cryptopolitan (RSS)
The Securities and Futures Commission (SFC) of Hong Kong has recently issued a public warning. It concerns Bybit, a virtual asset trading platform. The SFC’s announcement, dated March 14, highlights that Bybit operates without the necessary licensing in the region. This move marks a significant step by the regulatory body to safeguard investors from potential risks associated with unlicensed financial activities.
Bybit, recognized as the third-largest centralized crypto exchange globally, boasts a substantial trading volume. Reports indicate that its 24-hour trading volume exceeded $7 billion as of March 14. Despite its global prominence, the SFC’s scrutiny underscores a rigorous stance on regulatory compliance within Hong Kong’s financial market.
Unlicensed Bybit activities prompt SFC warning
The warning i...
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Seizing Opportunities: Leveraging Retail Trends for Growth in 2024
Cryptopolitan (RSS)
Adaptation is key to survival. As 2024 unfolds, retailers find themselves at a crucial juncture, balancing aspirations with pragmatism to stay relevant in an increasingly competitive market.
Acknowledging the shift towards consultative conversations and elevated aspirations, retailers are urged to ground themselves in reality while charting their course toward technological evolution.
Embracing Evolving Retail Trends
At the heart of retail success lies a singular purpose that permeates every facet of the business, from marketing to brand identity. This purpose serves as the guiding light, ensuring consistency across diverse channels and technologies.
Before diving into the realm of cutting-edge tech solutions, retailers must solidify their brand fundamentals. As the saying goes, “If the brand doesn’t work, then technology won’t fix it.” By aligning technological investments with their brand eth...
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Cryptopolitan (RSS)
Adaptation is key to survival. As 2024 unfolds, retailers find themselves at a crucial juncture, balancing aspirations with pragmatism to stay relevant in an increasingly competitive market.
Acknowledging the shift towards consultative conversations and elevated aspirations, retailers are urged to ground themselves in reality while charting their course toward technological evolution.
Embracing Evolving Retail Trends
At the heart of retail success lies a singular purpose that permeates every facet of the business, from marketing to brand identity. This purpose serves as the guiding light, ensuring consistency across diverse channels and technologies.
Before diving into the realm of cutting-edge tech solutions, retailers must solidify their brand fundamentals. As the saying goes, “If the brand doesn’t work, then technology won’t fix it.” By aligning technological investments with their brand eth...
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DePIN project Chirp Launches Testnet to Power Decentralized IoT
Cryptopolitan (RSS)
KIngstown, St. Vincent and the Grenadines, March 15th, 2024, Chainwire
Chirp Network is launching the most comprehensive decentralized IoT Network on the Sui Blockchain with mobile capabilities to follow.
Chirp Network, a new Decentralized Physical Infrastructure Network (DePIN), is today announcing the launch of its testnet on the Sui Blockchain as it launches a revolutionary IoT network with capabilities far outreaching other decentralized telecommunications protocols, including Helium.
Chirp is building a wireless telecommunications network using Internet of Things (IoT) technology to connect the largest number of devices with the blockchain. Following two years of work, the team is today launching its testnet with a Radio Access Network (RAN) already deployed in 30 countries. Following IoT deployment, the next phase of the project will see the Chirp te...
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Cryptopolitan (RSS)
KIngstown, St. Vincent and the Grenadines, March 15th, 2024, Chainwire
Chirp Network is launching the most comprehensive decentralized IoT Network on the Sui Blockchain with mobile capabilities to follow.
Chirp Network, a new Decentralized Physical Infrastructure Network (DePIN), is today announcing the launch of its testnet on the Sui Blockchain as it launches a revolutionary IoT network with capabilities far outreaching other decentralized telecommunications protocols, including Helium.
Chirp is building a wireless telecommunications network using Internet of Things (IoT) technology to connect the largest number of devices with the blockchain. Following two years of work, the team is today launching its testnet with a Radio Access Network (RAN) already deployed in 30 countries. Following IoT deployment, the next phase of the project will see the Chirp te...
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BlackRock Bitcoin ETF sets new daily volume record amid market fluctuations
Cryptopolitan (RSS)
BlackRock’s Bitcoin exchange-traded fund (ETF) has witnessed unprecedented trading activity, setting a new daily volume record amidst market fluctuations. The surge in trading volume comes as Bitcoin experiences a 6% decline from its daily high over the United States trading day.
New daily volume record
On March 14, nearly 100 million shares of BlackRock’s spot Bitcoin ETF were traded, totaling over $3.9 billion in trading volume. This surpasses the previous record of $3.7 billion set less than ten days ago on March 5, marking a significant milestone for the fund.
The surge in trading activity coincided with a 6% drop in Bitcoin’s price during the U.S. trading day. Despite this, BlackRock’s ETF has continued to attract investor interest, emerging as the top-performing fund by volume and net inflows among ...
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Cryptopolitan (RSS)
BlackRock’s Bitcoin exchange-traded fund (ETF) has witnessed unprecedented trading activity, setting a new daily volume record amidst market fluctuations. The surge in trading volume comes as Bitcoin experiences a 6% decline from its daily high over the United States trading day.
New daily volume record
On March 14, nearly 100 million shares of BlackRock’s spot Bitcoin ETF were traded, totaling over $3.9 billion in trading volume. This surpasses the previous record of $3.7 billion set less than ten days ago on March 5, marking a significant milestone for the fund.
The surge in trading activity coincided with a 6% drop in Bitcoin’s price during the U.S. trading day. Despite this, BlackRock’s ETF has continued to attract investor interest, emerging as the top-performing fund by volume and net inflows among ...
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Binance-incubated platform NFPrompt reports losses to hackers
Cointelegraph.com News (RSS)
The hackers illegally accessed funds on NFPrompt, including a portion of the NFP treasury and ecosystem fund.
Cointelegraph.com News (RSS)
The hackers illegally accessed funds on NFPrompt, including a portion of the NFP treasury and ecosystem fund.
These Firms Are Behind Frequent Ethereum (ETH) Price Dump
CoinGape (RSS)
The recent fluctuations in Ethereum’s price have drawn attention to the involvement of major players like FTX and Alameda Research. In the past days, data from Spot on Chain shows these entities have been actively moving significant amounts of Ethereum, totaling 6,500 ETH valued at $24.57 million, to Coinbase. Interestingly, these transactions have been closely followed by notable drops in Ethereum’s market value, indicating a potential correlation between the movements of FTX and Alameda Research and Ethereum’s price dynamics.
Analysis of Recent Transactions and Price Impact
FTX and Alameda Research have bee...
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CoinGape (RSS)
The recent fluctuations in Ethereum’s price have drawn attention to the involvement of major players like FTX and Alameda Research. In the past days, data from Spot on Chain shows these entities have been actively moving significant amounts of Ethereum, totaling 6,500 ETH valued at $24.57 million, to Coinbase. Interestingly, these transactions have been closely followed by notable drops in Ethereum’s market value, indicating a potential correlation between the movements of FTX and Alameda Research and Ethereum’s price dynamics.
Analysis of Recent Transactions and Price Impact
FTX and Alameda Research have bee...
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Top Analyst Predicts Bitcoin To Dip Below $61K, But There’s A Condition
CoinGape (RSS)
Bitcoin’s recent surge to nearly $74,000 has been met with a significant pullback, dropping approximately 8% and hovering around the $66,000 mark. Notably, the investors’ sentiment appears divided as some capitalize on profits, while others tread cautiously ahead of the Federal Open Market Committee (FOMC) policy rates’ decision next week.
Meanwhile, amid this backdrop, popular analysts have provided insights into BTC’s potential price movements, key support, and resistance levels.
Bitcoin Price Might Face Further Decline
The recent retracement in Bitcoin price has sparked concerns among the crypto market enthusiasts. Notably, most of the major altcoins also followed Bitcoin’s price momentum, resulting in a massive sell-off in the crypto market...
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CoinGape (RSS)
Bitcoin’s recent surge to nearly $74,000 has been met with a significant pullback, dropping approximately 8% and hovering around the $66,000 mark. Notably, the investors’ sentiment appears divided as some capitalize on profits, while others tread cautiously ahead of the Federal Open Market Committee (FOMC) policy rates’ decision next week.
Meanwhile, amid this backdrop, popular analysts have provided insights into BTC’s potential price movements, key support, and resistance levels.
Bitcoin Price Might Face Further Decline
The recent retracement in Bitcoin price has sparked concerns among the crypto market enthusiasts. Notably, most of the major altcoins also followed Bitcoin’s price momentum, resulting in a massive sell-off in the crypto market...
View original post
FTX & Alameda Wallets Dump $24 Mln ETH To Coinbase Ahead Of Ethereum Crash
CoinGape (RSS)
In a thrilling turn of events witnessed within the cryptocurrency realm recently, bankrupt exchanges FTX and Alameda linked wallets appear to have been noted making colossal Ethereum (ETH) transfers to Coinbase, a prominent CEX, right before prices slumped in the past 15 days. These dumps to Coinbase birthed a massive torrent of speculative buzz among crypto market traders and investors globally, as ETH price recently topped the $3,500 mark.
However, aligning with the enormous crypto market selloff witnessed today, ETH traded in the red, per Coinmarketcap’s data. Simultaneously, with the abovementioned ETH dumps’ surfacing today, speculations over FTX and Alameda’s repayment of creditors hover over the crypto horizon.
FTX & Alameda’s ETH Dumps: A Deeper Dive
According to the insight...
View original post
CoinGape (RSS)
In a thrilling turn of events witnessed within the cryptocurrency realm recently, bankrupt exchanges FTX and Alameda linked wallets appear to have been noted making colossal Ethereum (ETH) transfers to Coinbase, a prominent CEX, right before prices slumped in the past 15 days. These dumps to Coinbase birthed a massive torrent of speculative buzz among crypto market traders and investors globally, as ETH price recently topped the $3,500 mark.
However, aligning with the enormous crypto market selloff witnessed today, ETH traded in the red, per Coinmarketcap’s data. Simultaneously, with the abovementioned ETH dumps’ surfacing today, speculations over FTX and Alameda’s repayment of creditors hover over the crypto horizon.
FTX & Alameda’s ETH Dumps: A Deeper Dive
According to the insight...
View original post
Meme Coins Outperforming Bitcoin This Week
CoinGape (RSS)
There has been a 7.2% decrease in the global market cap of the cryptocurrency market in the last 24 hours. The value of Ethereum dropped by 6.65% and is currently being traded below $4000. Popular meme cryptocurrencies such as Dogecoin, and Shiba Inu (SHIB) have also witnessed substantial declines in their values. Bitcoin price is crashing too, decreasing by 8.61% after hitting an all-time high of $73,750.07. The current price of BTC is $67,078.37, showing a drop of 7.18% in the last day and a 0.52% decrease over the past week. During this time, certain meme coins have been gaining popularity today with significant growth throughout the week, surpassing Bitcoin. Let’s delve into the performance of these meme tokens that have stolen the spotlight.
1. Book of Meme (BOME)
Price: $0.003959
Market Cap: $378,660,789
Ov...
View original post
CoinGape (RSS)
There has been a 7.2% decrease in the global market cap of the cryptocurrency market in the last 24 hours. The value of Ethereum dropped by 6.65% and is currently being traded below $4000. Popular meme cryptocurrencies such as Dogecoin, and Shiba Inu (SHIB) have also witnessed substantial declines in their values. Bitcoin price is crashing too, decreasing by 8.61% after hitting an all-time high of $73,750.07. The current price of BTC is $67,078.37, showing a drop of 7.18% in the last day and a 0.52% decrease over the past week. During this time, certain meme coins have been gaining popularity today with significant growth throughout the week, surpassing Bitcoin. Let’s delve into the performance of these meme tokens that have stolen the spotlight.
1. Book of Meme (BOME)
Price: $0.003959
Market Cap: $378,660,789
Ov...
View original post
Why Crypto Market Has Crashed Today?
CoinGape (RSS)
The world’s total crypto market cap is at $2.6 Trillion after a dip of 5.85%, but the market trading volume is up by $197.23B after a hike of 43.85%. Many cryptocurrencies have lost their value accumulated over weeks, including Bitcoin. It has dropped from its ATH value of $73,750.07 to $67,007.19 after an 8.7% dip. So, what is happening with the market? Let’s discuss that in this blog.
Top Reasons Why the Crypto Market Dropped
The crypto market has to deal with sudden bear attacks, even in bullish situations. Most crypto has shown a similar factor of facing a dip from yesterday. The top crypto investors and analysts suspect a little step back before aiming for high. There were three main reasons for the crashed market: – Liquidation issues, market correction, and Panic Selling.
Liquidation Issues
The Coinglass data revealed substantial liquidation issues for cryptos like Bitcoin, Ethereum, and Solana. Till now, Bitcoin’s bullishnes...
View original post
CoinGape (RSS)
The world’s total crypto market cap is at $2.6 Trillion after a dip of 5.85%, but the market trading volume is up by $197.23B after a hike of 43.85%. Many cryptocurrencies have lost their value accumulated over weeks, including Bitcoin. It has dropped from its ATH value of $73,750.07 to $67,007.19 after an 8.7% dip. So, what is happening with the market? Let’s discuss that in this blog.
Top Reasons Why the Crypto Market Dropped
The crypto market has to deal with sudden bear attacks, even in bullish situations. Most crypto has shown a similar factor of facing a dip from yesterday. The top crypto investors and analysts suspect a little step back before aiming for high. There were three main reasons for the crashed market: – Liquidation issues, market correction, and Panic Selling.
Liquidation Issues
The Coinglass data revealed substantial liquidation issues for cryptos like Bitcoin, Ethereum, and Solana. Till now, Bitcoin’s bullishnes...
View original post