Tag - Cryptocurrency
25Mar

Coinbase announces futures trading expansion for Dogecoin, Litecoin, and Bitcoin Cash

Crypto exchange Coinbase has announced its plan to launch futures trading products for Dogecoin, Litecoin, and Bitcoin Cash, potentially as early as April 1. The latest move was detailed in three separate communications to the United States Commodity Futures Trading Commission (CFTC) on March 7. Through the initiative, Coinbase Derivatives aims to offer cash-settled futures contracts for these cryptocurrencies on...

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25Mar

US police arrest MEV engineer connected to alleged $1.2 million rug

The U.S. law enforcement has apprehended Robert Robb, an MEV engineer known in the crypto community as “pokerbrat,” according to records from the Henderson Police authority. The reason behind the arrest, which happened on March 20, remains unknown as of press time. However, ZachXBT, the on-chain sleuth who called attention to the situation, claims the development...

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25Mar

QCP Capital predicts a larger bull run post-Bitcoin halving

Crypto asset trading firm QCP Capital predicts Bitcoin to reach a new all-time high post-halving, driven by the wider liquidity rotation. According to the firm’s latest market update, Bitcoin ETF inflows hit a peak on March 12, with over $1 billion entering the market. However, a subsequent decline in net inflows and a significant outflow of $326.2...

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25Mar

STX price jumps amid market downturn following Nakamoto upgrade approval

Bitcoin layer 2 network Stacks (STX) was trending on Google after the network’s Nakamoto upgrade received widespread approval. According to the Stacks Foundation, the upgrade was approved by every voter who had Stacked STX, and 99.98% of the votes cast by those who were not stackers supported the proposal as well. As a result of this community endorsement, the...

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23Mar

Korean altcoin issuer detained over $16.1m fraud allegations

A South Korean altcoin issuer was arrested by the Seoul Southern District Prosecutors’ Office’s Virtual Asset Crime Joint Investigation Team on March 19, facing fraud charges. The unnamed individual is accused of defrauding investors of $16.1 million, an arrest that follows after a crypto market maker’s failed attempt to flee by sea in December last year. On Dec. 20, 2023, the...

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23Mar

Bitcoin traders face $641M liquidations ahead of US Fed rate announcement

Bitcoin price fell 5% within the 24-hour timeframe on March 20, hitting a 14-day low of $60,761 critical market data trends suggests more downside could follow. Bitcoin price continues to face bearish headwinds as short-traders seize control of the BTC derivatives markets ahead of the upcoming US Fed. rate announcement Is BTC price on the brink of a major...

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23Mar

Spot Bitcoin ETFs record highest daily net outflows

Market sentiments have quickly turned bearish, as the spot Bitcoin ETFs record their highest daily net outflows amid Bitcoin’s (BTC) drop to the lower spectrum of the $60,000 territory. According to data provided by Farside Investors, a U.K.-based investment management firm, the spot Bitcoin ETF products experienced net outflows totaling $326.2 million on March 19, marking the second...

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23Mar

Trezor X account compromised as hackers push phony Solana token

Cybercriminals targeted Trezor, a hardware wallet provider, in a sophisticated hack, stealing at least $8,100. The breach was first brought to light by renowned on-chain detective ZachXBT, who issued an alert regarding suspicious activities on Trezor’s social media account X. According to reports, fraudulent messages promoting a fake presale of a token dubbed “$TRZR” on the Solana...

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23Mar

Why is crypto down today? The market-wide cooldown

The global crypto market has been witnessing bearish sentiment over the past week after the leading cryptocurrency reached a new all-time high (ATH). According to data provided by CoinGecko, the total crypto market cap has declined by over $450 billion since March 13 and is currently sitting at $2.44 trillion. The fall comes after Bitcoin (BTC) touched a new ATH of...

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