Crypto Market Sees Red as Altcoins Plunge

HSBC, one of the world's largest banks, has announced its entry into the crypto market with the launch of tokenized assets. The bank has partnered witBinance, the world's largest cryptocurrency exchange, has partnered with Malta to launch a decentralized exchange (DEX) on the Binance platform. The pThe Bitcoin momentum is looking strong, with the RSI (BTC) indicating a potential rally ahead. The price has risen above the $40,000 level, which wasDeFi's total value locked (TVL) has plummeted in recent weeks, with Ethereum (ETH) liquidity drying up and causing a decline in TVL. According to DeFiDeFi.org, a leading decentralized finance (DeFi) platform, has announced a new accelerator program to support innovative blockchain projects. The prog

The Consumer Price Index (CPI) slowed to 4.1% in April, according to the latest data from the U.S. Labor Department. This marks a decrease from the 4.New data suggests that speculators are driving the price of Bitcoin, causing volatility in the market. According to a report by CoinDesk, the majorityThe cryptocurrency market has seen a significant resurgence in recent weeks, with altcoins leading the charge. According to CoinDesk, the altcoin inde

Liquid Global, a leading cryptocurrency exchange, has secured $120 million in funding, despite a recent hacking incident that resulted in the theft ofThe price of bitcoin has been on a tear recently, with the CME Ether clarity pillars access providing red as 500 worried about high bitcoin. The priceBitcoin surged above $37,000 on Wednesday, reaching a new all-time high, while Ethereum hit a record high of $55.78. The gains come as institutional iSalvador's recent decision to issue dollar-denominated bonds backed by bitcoin has sparked controversy and raised questions about the country's creditThe latest jobs report from the Labor Department has shown strong growth, with 336,000 jobs added in September, beating expectations of 187,000. This

Ether (ETH) surged to a new high on Thursday, as entities continued to stabilize and buy the dip. The cryptocurrency rose 2.5% to $41,239.73, breakingEthereum's long-awaited Metropolis upgrade is finally here, and it promises to bring significant changes to the network. The upgrade, which was announBitcoin's value has been on a tear in recent months, surging to new heights and catching the attention of investors around the world. One notable inve

Bitcoin's recent consolidation above $31,900 has sparked bullish signals, with analysts predicting a potential breakout in the near future. AccordingThe U.K. Financial Conduct Authority (FCA) has issued a warning to consumers about the risks of using cryptocurrency exchanges, particularly Binance,Despite the uncertainty surrounding Terra's stablecoin UST, trading on Gate.io FTX and other exchanges has continued, with both UST and LUNA availableGemini, a popular cryptocurrency exchange, has halted Bitcoin (BTC) withdrawals amidst a controversy surrounding its crypto lending program. The moveFederal Reserve Chairman Jerome Powell testified before Congress on Tuesday and Wednesday, providing updates on the current economic outlook and the F

"The cryptocurrency market has seen a significant shift in recent days, with Bitcoin plummeting and gold soaring as the Dow Jones falls. According toThe cryptocurrency market has been on a wild ride this week, with bitcoin and altcoins experiencing significant price fluctuations. According to analyThe cryptocurrency market is experiencing a period of stability, with Bitcoin trading around $49,000 and showing minimal volatility. This comes after

Binance has addressed concerns regarding the management of its B-token system and the use of collateral to back stablecoins. In a recent statement, thBinance, the world's largest cryptocurrency exchange by volume, has expanded its operations to Japan after acquiring Sakura Exchange, a provisional crDespite a recent clampdown on cryptocurrency trading by regulatory authorities, bitcoin prices have bounced back, with investors showing renewed confiThe recent surge in the value of bitcoin has led to a renewed focus on the relationship between the US dollar and the cryptocurrency market. As the FeCoinbase and Binance, two of the largest cryptocurrency exchanges, are facing lawsuits over withdrawals. According to recent data, Coinbase saw $700 m

The recent trial between Craig Wright and the Kleiman estate has brought to light the tragic tale of a forked bitcoin, with a multibillion-dollar frauBybit, a popular cryptocurrency exchange, has been gaining traction among institutional investors due to its strong performance and potential for growTesla has disclosed a $1.5 billion impairment charge related to its investment in Bitcoin, according to a filing with the Securities and Exchange Comm

The U.S. Securities and Exchange Commission (SEC) has delayed WisdomTree's application for a bitcoin exchange-traded fund (ETF), according to a recentBitcoin (BTC) has been experiencing a strong upsurge in recent days, with prices surpassing $66,900 and testing all-time highs. The cryptocurrency hasFTX has halted withdrawals for all assets, including fiat and cryptocurrencies, due to internal issues. The company's co-founder, Sam Bankman-Fried, aThe price of Bitcoin (BTC) has been trading in a narrow range between $35,000 and $40,000 for the past few days, with the current price sitting at $38Bitcoin's price has been on a tear in recent days, breaking through the $27,000 mark and reaching its highest level since December 2020. The latest su

Investors have poured $25 million into crypto assets in the past week, despite market volatility, according to a report by CoinShares. The report founBinance, one of the world's largest cryptocurrency exchanges, has announced that it will be shutting down its operations in Jersey, a self-governing iCathie Wood, the CEO of Ark Investment Management, has expressed her bullish stance on bitcoin exchange-traded funds (ETFs) during a recent conference

Grayscale Investments, the largest cryptocurrency asset manager, has seen a significant increase in assets under management (AUM) for its Grayscale BiNortonLifeLock, a well-known anti-virus company, has recently announced the launch of a new feature that allows users to mine cryptocurrency directlyFTX.US, a leading cryptocurrency exchange, has announced its entry into the non-fungible token (NFT) market with low fees, challenging the current marThe price of Bitcoin has dropped to $33,000, leading to liquidations of over $475 million in the past 24 hours. This marks the largest liquidation eve"The price of Bitcoin has reached an all-time high of $66,839, with other cryptocurrencies like Ethereum and stablecoins also experiencing significant

The European Parliament has delayed a vote on crypto regulations, including a provision that would ban proof-of-work (PoW) cryptocurrency mining, dueThe price of Bitcoin has been on a wild ride this week, with prices soaring to over $5,900 on Sunday before plummeting to around $4,500 on Monday. TheThe price of Bitcoin (BTC) has seen a slight increase in recent days, rising from $150 to $16,500 in early December. This uptick comes as investors ha