Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Crypto plummeted in October, with the chaos leading to cascading liquidations that wiped out more than $19 billion worth of leveraged positions and, more importantly, over 1.6 [...]
The Ethereum Foundation has introduced a new grant structure for the Ecosystem Support Program to further innovation and adoption on the Ethereum blockchain. Summary Ethereum Foundation announces new grants program approach. Move follows the organization’s brief pause to all open applications in late August. The Ethereum community is looking forward [...]
Veteran trader James Wynn has warned of an intense wave of fear across global markets, predicting that both stocks and cryptocurrencies could face severe losses this week. Summary James Wynn expects a volatile week, warning BTC could fall below $100K. $478M in crypto liquidations hit in 24 hours, mostly from [...]
Samourai Wallet founders could be looking at a five-year prison term as U.S. prosecutors have pushed for maximum sentencing for their alleged roles in operating a crypto mixing service used to launder hundreds of millions in illicit funds. Summary Samourai Wallet founders can face a five-year prison term for their [...]
Bitcoin price plunged from $110,000 to under $105K since Monday, triggering one of the biggest liquidation cascades in the crypto market in recent weeks as over $1 billion in leveraged crypto positions were wiped out. Summary Crypto market faced over $1 billion in liquidations in the past 24 hours. Long [...]
AWS will power OpenAI’s next-generation models in a $38 billion deal as the AI firm moves beyond Microsoft. Summary OpenAI signed a $38 billion deal with Amazon to get access to its computing AWS will use its UltraServers, powered by Nvidia GPUs, for OpenAI’s models Skeptics warn that similar deals [...]
Polygon’s sharp sell-off may be nearing its end as exchange reserves plunge and network activity rises, hinting at a quiet build-up toward recovery. Summary Polygon price is still under pressure after a sustained selloff. Exchange reserves have been dropping as on-chain activity surges. Falling supply and rising demand point to [...]
Crypto markets tanked on Monday, Nov. 3, after a wave of liquidations wiped out nearly $400 million in leveraged positions. Summary The total crypto market cap fell over 3% to $3.69 trillion $334.7 million in long liquidations led the market downturn. The Crypto Fear and Greed index still remains in [...]
Strategy added 397 Bitcoin, continuing its relentless accumulation strategy despite market volatility. The company said it sold $69.5 million in various stock classes to fund the $45.6 million purchase at an average price of $114,771 per BTC. Summary Strategy acquired 397 Bitcoin between Oct. 27 and Nov. 2, bringing its [...]
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. In every industry, specialization eventually outpaces generalization. As the complexity of systems increases, the tools that thrive are not the ones that attempt to do everything at [...]
