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But leveraged traders had already piled on their traders by then. Data shows that over 75% of traders from the total XRP liquidations were longs, or bets on higher prices, meaning those traders placed nearly $5 million in orders in that short time span without confirming the authenticity of the
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The wild session comes at a time when BTC and ETH prices have been surging amid Wall Street's burgeoning interest in crypto. Both cryptos surpassed round-number milestones they haven't seen recently. BTC topped $36,000 and then $37,000 for the first time since May 2022 – and almost reached $38,000 –
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BTC's price hasn't seen these lofty levels since May 2022, when the cryptocurrency industry was just starting to get pummeled by scandals. Source
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Large-scale pump and dump from whales caused the OX token price to plummet by 50% momentarily before rising back again. On Monday, Oct. 2, Open Exchange Token (OX) suddenly went down by 50%, from 0.013 to 0.0092, in a matter of minutes. However, the token regained its 50% value within just
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Bitcoin looks more stable than long-term U.S. Treasuries, which means it’s a boring time for crypto but an exciting time in the bond market. Source
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The SEC employed 4,685 people in 2023, with roughly half focusing on enforcement and examinations duties, according to data Gensler shared in his remarks. The additional funding would help the agency add 170 positions to its teams, in addition to providing full-year funding for staff members hired in 2023, potentially
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A Coinbase executive claims to have discovered a “jailbreak” for the artificial intelligence tool ChatGPT that allows it to calculate the probability of bizarre crypto price scenarios.The crypto exchange’s head of business operations Conor Grogan, an avid ChatGPT user, shared a screenshot of the results in an April 30 tweet —
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The CryptoX Market Index (CMI), which tracks the performance of the broader crypto market, plummeted 5.6% in an hour. Source
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Terraform Labs and its founder Do Kwon being in the sights of the United States Securities and Exchange Commission (SEC) have sparked various reactions from lawyers within the crypto community. On Feb. 16, the SEC accused and charged Kwon and Terraform Labs for allegedly selling a “suite of crypto asset securities.”
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We can’t blame Elon Musk for dreaming of moving to Mars — the human race has always been curious about finding a better life somewhere else. But not everyone in crypto is looking up to the stars to find
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