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March 6, 2024
Bitcoin cancels its snap correction below $60,000 as the latest data shows traders willing to take a fresh bet on BTC price discovery. Bitcoin (BTC) is rapidly recovering from its $10,000 BTC price drop as wild volatility keeps up pressure on traders. Data from Cointelegraph Markets Pro and TradingView shows BTC/USD clawing back more than...
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A dormant whale from 2010 woke up to sell 1,000 BTC at $69,000 ATH, racking in $68 million in profits. Bitcoin price recorded a new all-time high of $69,000 on March 5; however, the time above $69,000 was short-lived as the BTC price experienced a flash crash and briefly fell below $60,000. The price crash...
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Find out how to set up CEX, DEX and hardware Ethereum wallets that are essential for efficiently traversing the cryptocurrency ecosystem. For anyone looking to participate in the Ethereum ecosystem, creating an Ethereum-based wallet is often the first step. With a wallet, users can trade or hold Ether (ETH) and interact with decentralized applications (DApps)...
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Coinbase lawyers have requested that a U.S. court throw out a previous default judgment that deemed the secondary sales of crypto assets as “securities transactions.” Coinbase lawyers have asked the judge presiding over its legal battle with the U.S. Securities and Exchange Commission to disregard a previous  judgment that deemed secondary sales of crypto assets...
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The company must now navigate through the subsequent phases — obtaining a preparatory license followed by the final operating license — to fully offer its crypto services to regional clients. Cryptocurrency lending platform Nexo is looking to set aside its past regulatory challenges in Bulgaria and the United States after its Dubai entity received initial...
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EigenLayer is now the second-largest DeFi protocol behind Lido after taking Aave’s spot. Ethereum staking protocol EigenLayer has shot past lending protocol Aave in its total value locked (TVL), with $10.4 billion worth of crypto committed to the protocol after temporarily removing a cap on how much users could stake. On March 5, EigenLayer hit...
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Billions of dollars in leverage was wiped from the crypto market as Bitcoin plunged 14% in a few hours after briefly notching a new all-time high. Crypto traders using options and futures to gain exposure to Bitcoin (BTC) are out of pocket a staggering $1 billion after the cryptocurrency crashed more than 14% from its...
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After spending 34 months in prison, Konstantin Ignatov walked free after cooperating with prosecutors and agreeing to hand over $118,000 in ill-gotten gains. The brother of Ruja “Cryptoqueen” Ignatova has been released from prison after spending 34 months behind bars for his role in OneCoin’s infamous $4.4 billion fraud scheme. Konstantin Ignatov — once the...
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Traders say Bitcoin’s sell-off was needed, and dips are likely to be viewed as buying opportunities. Bitcoin (BTC) set a new all-time high at $69,324 shortly after the opening bell on Wall Street on March 5, before sharply correcting 9.75% to $59,323, which analysts have described as a welcome move before “healthy consolidation” occurs.  Data...
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Binance.US isn’t answering important questions, the SEC claims, but the crypto exchange says further requests exceeded the regulator’s bounds. Binance’s United States arm, Binance.US, hasn’t been providing answers to key questions relating to customer assets and other core elements of an ongoing investigation, the U.S. Securities and Exchange Commission claims. BAM Trading Services — doing...
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