Vaibhavv Ali
This week is Avraham Eisenberg’s criminal trial. Eisenberg is charged with stealing more than $100 million from the Mango Markets decentralized exchange (DEX). From a financial expert to a Broadway singer, the jury for a federal court in New York was gathered on Monday. Manipulation of the Mango Markets: Was it Trading Cleverness or Market … Read more
Based on preliminary statistics from Farside Investors, the newly established eleven spot Bitcoin ETFs had an overall outflow of $224 million on Monday, April 8. Four days of inflows totaling $570 million net poured into the institutional investment products are now reversed. Grayscale witnessed its biggest GBTC outflow since March 25th, which compounded this week’s … Read more
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
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
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
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
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 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
By the end of April, traders in derivatives hope to see higher strike prices for Ethereum. On Monday, Ether (ETH) surged 8% in spot cryptocurrency markets as traders of futures saw a rise in social sentiment and excitement. According to CoinGecko, ether prices have increased by around 8% in the last 24 hours. On April … Read more
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