Tag: Cryptocurrency
Blockchain
SEC begins multi-billion dollar fraud trial against Terraform Labs, Do Kwon
In a dramatic opening to a much-anticipated trial, the US SEC cast Terraform Labs and its co-founder, Do Kwon, as central figures in a vast financial deception that left investors nearly destitute
Blockchain
Bitcoin Stalls As Evening Star Forms: Can BTC Bulls Still Shine?
Tony “The Bull” Severino, the Head of Research at NewsBTC and a certified CME, has identified an “Evening Star” candlestick pattern on the monthly chart of the Bitcoin CME
Blockchain
Massive Bitcoin Shift: $6B Moved as 5th Largest BTC Wallet Reactivates After Years of Dormancy
This week, blockchain observers noticed that the “37X” wallet, once holding the title of the fifth-largest bitcoin wallet, was activated for the first time since 2019 This significant
Blockchain
Bitcoin Top In Yet? What The Legendary MVRV Ratio Says
Here’s what the latest trend in the Bitcoin Market Value to Realized Value (MVRV) ratio suggests about where the market is currently in terms of a top Bitcoin MVRV Ratio Has Seen A Decline To
Blockchain
FTX Bankruptcy Claims Surge in Value: Bids Now Approach 93 Cents on the Dollar
Half a year ago, firms specializing in acquiring troubled companies and their debts were actively accumulating FTX bankruptcy claims worth millions, offering $033 for every dollar of claim Presently,
Blockchain
Large Shiba Inu Transactions Spark Fears Of A Massive Dumping Spree
Shiba Inu (SHIB) whales look to be at it again following large transactions involving the meme token in the last 24 hours As expected, these transactions have raised concerns that crypto investors
Blockchain
Bitcoin is “Overheating” For The First Time Ever Before Halving
Bitcoin, the world’s most valuable coin, is once again deviating from historical norms According to an analysis by one crypto analyst, the coin is in the “overbought” territory of
Blockchain
London Stock Exchange sets May 28 launch date for crypto ETNs
The London Stock Exchange said in a March 25 notice that it plans for Bitcoin (BTC) and Ethereum (ETH) crypto exchange-traded notes (ETNs) to begin trading on May 28 The latest announcement also
Blockchain
Crypto Shockwave: Nearly $1 Billion Vanishes From Global Funds In Historic Outflow
Last week, the crypto investment landscape witnessed a significant exodus of capital from global crypto funds A recent report from CoinShares highlighted nearly $1 billion net outflow from these
Blockchain
7 Days Of Crypto: Key Events That You Should Keep An Eye On This Week
There are a couple of events to watch out for this week, as they could prove pivotal in determining the future trajectory of the crypto market These events could provide some certainty to the market
Blockchain
DAO Treasuries See Over $20 Billion Growth in 4 Months Amid Crypto Market Boom
Four months ago, a total of 179 decentralized autonomous organizations (DAOs) boasted treasuries exceeding $1 million or more each As of today, this figure has climbed to 211 distinct DAOs meeting
Blockchain
Terraform Labs In The Hot Seat: Trial Begins As Do Kwon’s Final Extradition Decision Looms
Terraform Labs is set to face a high-stakes trial on Monday, grappling with civil fraud allegations linked to the collapse of its TerraUSD stablecoin in 2022 Meanwhile, Terra co-founder Do Kwon
