The cryptocurrency market fell sharply on Tuesday as a wave of liquidations and whale-driven promoting pushed Bitcoin and Ether decrease, wiping out tons of of thousands and thousands of {dollars} in leveraged positions. Bitcoin briefly dipped under $109,214 on Tuesday after a single entity offloaded 24,000 BTC worth $2.7b. The sale triggered a speedy $4,000…
World Federation of Exchanges (WFE), a group of stock exchanges, has called global regulators, including the US SEC and the European ESMA, to tighten their oversight on ‘tokenized stocks.’ Per Reuters, the WFE sent a letter to securities watchdogs, raising concerns about the blockchain-based stocks. The letter, sent last Friday, warned that these products “mimic”…
The crypto market is showing bearish signals today as the entire crypto market cap is down over 4%. Bitcoin slipped below the $110K mark, triggering nearly $940 million in liquidations in the past 24 hours, out of which $800 million are long positions. Ethereum is also losing momentum after weeks of outperformance. Market fragility is…
The trend of companies establishing crypto treasuries is gaining momentum, with Sharps Technology—a small player in the medical device and pharmaceutical sector—being the last to announce a plan to raise $400 million through a stock sale aimed at funding Solana (SOL) treasury. New Solana Treasury In The Makings The capital raise, which is set to…
Ethereum price started a fresh decline from the $4,950 zone. ETH is now trading below $4,550 and shows bearish signs similar to Bitcoin. Ethereum started a fresh decline after it traded to a new all-time high. The price is trading below $4,550 and the 100-hourly Simple Moving Average. There is a key bearish trend line…
US President Donald Trump’s son, Eric Trump, has shared some perception into his shift to the crypto trade, the issues with the standard monetary system, and the way it was “weaponized” towards the Trump household companies. Trump Household Pushed Into Crypto In a current interview with The Wall Avenue Journal, Eric Trump detailed how monetary…
Medical system firm Sharps Expertise practically doubled in worth Monday, with its inventory hovering 96% to an intraday excessive of $14.53, after saying a $400 million plan to construct a Solana-based digital asset treasury. The rally adopted information of a non-public placement deal and a partnership with the Solana Basis to amass SOL, the blockchain’s…
Ethereum has achieved a brand new milestone by surpassing its earlier all-time excessive set in 2021, climbing above $4,900 earlier than a slight correction. On the time of writing, ETH trades round $4,655, representing an 8.2% achieve over the previous week. This rally comes after three years of consolidation under its former peak, marking a…
Bitcoin value is gaining bearish momentum beneath $112,500. BTC is struggling to recuperate and may proceed to maneuver down towards the $105,500 degree. Bitcoin began a recent decline beneath the $112,000 zone. The worth is buying and selling beneath $112,000 and the 100 hourly Easy shifting common. There’s a key bearish development line forming with…
A coalition representing the world’s largest inventory exchanges, has urged securities regulators to take decisive motion in opposition to “tokenized shares,” expressing issues that these crypto belongings pose new dangers for traders and will undermine market integrity. WFE Urges SEC And International Regulators In a letter obtained by Reuters, the World Federation of Exchanges (WFE)…