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Read More »Bitwise Prepares for Ethereum ETFs with Mintable NFT Commercial
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Read More »Traders Have Opened $1.6 Billion in BTC Short Positions
- Ad - Bitcoin traders are going in heavy on shorting BTC, expecting it to not cross $70,000 in the short-term. If it does, $1.6 billion in short contracts will be wiped out. The last time BTC hit that price was on June 8, after which it dropped to below $70,000 and went down even further to under $65,000. Despite that, the market looks incredibly bullish for BTC. BTC Open Interest (OI) stands 82% higher than it did during the start of the year. OI refers to the outstanding futures...
Read More »Indian Financial Agency Issues $2.25 Million Fine to Binance
- Ad - Binance is yet again under legal fire – this time in India. The Indian Financial Intelligence Unit (FIU) has issued a penalty of $2.25 million (Rupees 188.2 million) to Binance for failing to abide by the nation’s Prevention of Money Laundering Act (PMLA), 2002. This financial watchdog previously banned it from providing services to Indian customers through a show cause notice. Numerous offshore exchanges servicing Indian clients also received such notices. The FIU announced on 19...
Read More »BTC Sees Whales and Miners Selling $1.2 Billion in Two Weeks
- Ad - Bitcoin whales and miners have liquidated $1.2 billion of collective holdings, indicating increased profit-taking. It has been so ever since the largest cryptocurrency by value crossed the $70,000 mark at the end of May. They are most likely selling their reserves to brokers rather than on exchanges. CryptoQuant’s data suggests exactly that, as it reveals Bitcoin UTXO age band sizes decreasing – a phenomenon associated with increased BTC selling – without funds moving to exchanges....
Read More »The SEC Has Dropped Securities Investigations into Ether, Consensys Says
- Ad - Consensys relayed via X that the US Securities and Exchange Commission (SEC) has stopped its investigations of Ether being a security and, thus, Ethereum offering securities illegally. The news comes as the SEC is in the final stages of approving spot Ether ETFs. “Today we’re happy to announce a major win for Ethereum developers, technology providers, and industry participants: the Enforcement Division of the SEC has notified us that it is closing its investigation into Ethereum...
Read More »MicroStrategy Acquires 11,931 BTC for $786M in Latest Bitcoin Purchase Spree
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Read More »BNB Chain Successfully Completes BEP 336 Upgrade Inspired by Ethereum
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Read More »Swiss National Bank Extends Wholesale CBDC Pilot Program by at Least Two Years
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Read More »Solana-Ether Ratio Drops 35%, Hitting Lowest Level Since March
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