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Bitcoin Is About To See A “Raging Firesale,” Arthur Hayes Warns Crypto Traders

Bitcoin Is About To See A "Raging Firesale," Arthur Hayes Warns Crypto Traders

Co-founder of BitMEX Arthur Hayes has predicted a huge crypto asset firesale that will be fueled by the impending BitcoinBTC/USD halving and the tactics of the Federal Reserve. Hayes forecasts a period of high volatility for cryptocurrencies in the second part of April. According to him, the Federal Reserve, Treasury, and Bitcoin halving might all … Read more

When Bitcoin reaches $72,000, Open Interest Hits An All-Time High

When Bitcoin reaches $72,000, Open Interest Hits An All-Time High

With the price of the cryptocurrency rising above $72,000, data indicates that the Bitcoin Open Interest has reached a new all-time high (ATH). Open Interest in Bitcoin Has Recently Increased The community manager for CryptoQuant Netherlands, Maartunn, stated in an X post that the BTC Open Interest has recently hit a new all-time high. The … Read more

PUMP.FUN IMPROVES THE MEMECOIN MARKET IN 38 DAYS WITH $5.2 M

PUMP.FUN IMPROVES THE MEMECOIN MARKET IN 38 DAYS WITH $5.2 M

Despite the difficulties facing the entire cryptocurrency ecosystem, it has been claimed that Pump.fun, a new platform that focuses on the launch and trade of memecoins, made $5.2 million in just 38 days. Prior to extending the token range to enable the Ethereum layer 2 protocol Barrage, the platform was initially designed for Solana token … Read more

Blockchain Network Stability Takes Another Hit After Starknet’s Block Reorganization, Resulting in a Transaction Backlog

Blockchain Network Stability Takes Another Hit After Starknet's Block Reorganization, Resulting in a Transaction Backlog

The statement clarified that certain transactions were reverted as a result of parameter modifications, and that new transactions were denied and couldn’t be executed for a short while. According to Starkscan, its block monitoring tool, the Ethereum layer-2 protocol Starknet encountered a block reorganization issue that resulted in a transaction backlog and a four-hour disruption … Read more

A two-fold leveraged Ethereum futures ETF is filed by Defiance

A two-fold leveraged Ethereum futures ETF is filed by Defiance

Recently, the theme ETF company applied for a new ETF to double the performance of inverse MicroStrategy. The US Securities and Exchange Commission (SEC) has received an application from Defiance ETFs, a US registered financial advisor and exchange-traded fund (ETF) sponsor, to introduce a 2x leveraged Ethereum futures ETF. If it is approved, the ETF … Read more

The Price of Bitcoin Is Rising Again: Why It May Soon Reach a New High

The Price of Bitcoin Is Rising Again: Why It May Soon Reach a New High

The price of bitcoin is rising above the resistance level of $71,200. Positive indicators are emerging for Bitcoin, which may shortly surpass $72,500 in gains. Above the resistance levels of $69,500 and $70,000, bitcoin continued to rise. The 100 hourly Simple moving average and $70,000 are being crossed by the price. On the hourly chart … Read more

Report: South Korean Youth’s Crypto Investment Is Pushing Several Into Debt

Report: South Korean Youth's Crypto Investment Is Pushing Several Into Debt

According to recent data, the amount of debt owed by young people in South Korea is rising, and many of them are driven to bankruptcy court by their cryptocurrency investments. A report on debt-related cases for the Financial Year 2023 was released by the Seoul Rehabilitation Court on April 5, according to Hankyoreh. The authors … Read more

Is All Crypto Lost? After the Philippines SEC’s ban, Binance users are unable to access their funds

Is All Crypto Lost? After the Philippines SEC's ban, Binance users are unable to access their funds

With Binance’s sudden restriction, many Filipino users are unsure about the future of their cryptocurrency assets. Paolo Ong, an attorney, talked about the impact of the Philippines Securities and Exchange Commission’s (SEC) decision to prohibit the exchange on its customers in a recent interview. There Is No “pointing Out” of Binance The SEC’s PhiliFintech Innovation … Read more

Chinese Police Operation Including $282 Million in Cryptocurrency

Chinese Police Operation Including $282 Million in Cryptocurrency

Beijing police have discovered a number of incidents in China involving the unlawful selling of citizen data for cryptocurrency, with a total value of over $282 million. The statement claims that these illicit transactions were carried out using over 10 virtual wallets. Beijing, Shanghai, Zhejiang, and fifteen other cities and regions are among the cases … Read more

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