Crypto Whale Faces $77 Million Unrealized Loss on 120,000 ETH Long Position
A prominent cryptocurrency whale holding a substantial long position in Ethereum is currently grappling with an unrealized loss of approximately $77 million. Data
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Crypto News
South Korean Regulator Clears Upbit in Order Book Data Probe, Fines Bithumb
South Korea’s data protection watchdog has cleared major cryptocurrency exchange Upbit of any violations in an investigation into the overseas transfer of customer
Crypto News
Bitcoin Could Bottom at $42K-$44K in Q4, Says BTC.top Founder
Jiang Zhuoer, the founder of Chinese Bitcoin mining pool BTC.top, has forecast that the current Bitcoin bear market will likely reach its floor
Crypto News
WSJ: CoinEx Handled $3.8 Billion in Iran-Linked Crypto Funds, Raising Sanctions Concerns
A new report from The Wall Street Journal, citing data from blockchain analytics firm TRM Labs, has revealed that cryptocurrency exchange CoinEx has
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Coinbase Premium Negative for 46 Straight Days: A Sign of Exhausted US Bitcoin Demand
For the past 46 consecutive days, the Coinbase Premium Index has remained in negative territory, a trend that crypto analyst Ali Martinez says
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Bithumb Fined $151,000 for Unauthorized Transfer of User Data to Overseas Exchanges
South Korean cryptocurrency exchange Bithumb has been fined 210 million won (approximately $151,000) by the country’s data protection regulator for transferring users’ personal
Crypto News
Altcoin Season Index Stalls at 45: What It Signals for Crypto Markets
The Altcoin Season Index, a widely followed metric from CoinMarketCap, currently sits at 45. This reading indicates that the broader cryptocurrency market is
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Ripple and SBI Launch RLUSD Stablecoin in Japan Following Regulatory Approval
Ripple has officially launched its RLUSD stablecoin in Japan, partnering with financial conglomerate SBI Holdings and its subsidiary SBI VC Trade. The move
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MIM Stablecoin Depegs: Magic Internet Money Falls to $0.49
Magic Internet Money (MIM), the algorithmic stablecoin issued by the DeFi protocol Abracadabra (SPELL), has experienced a significant depeg, with its market price
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Strive Exec: MicroStrategy’s Bitcoin Strategy ‘Structurally Different’ from Terra’s Collapse
A senior executive at Strive Asset Management has pushed back against comparisons between MicroStrategy’s Bitcoin treasury strategy and the collapse of the Terra