News Explorer — Crypto Dips on China's Retaliatory Measures Against the US

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Feb 4, 5:56 am

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Crypto Dips on China's Retaliatory Measures Against the US

Cryptocurrencies experienced a significant drop following China's announcement of retaliatory measures against the U.S., leading to over $2.2 billion in liquidations. The top 10 cryptos, excluding stablecoins, reacted negatively, with Dogecoin and XRP leading the losses.

Cryptocurrencies experienced a significant drop following China's announcement of retaliatory measures against the U.S., leading to over $2.2 billion in liquidations. The top 10 cryptos, excluding stablecoins, reacted negatively, with Dogecoin and XRP leading the losses.

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Dec 5, 7:27 pm

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Cantor Fitzgerald Just Slashed Its Price Target for Bitcoin Giant Strategy—Here's Why

Cantor Fitzgerald analysts revised Strategy's stock price target to $229, down 59% from $560, citing a decrease in the v... Read Summary

Dec 5, 5:56 pm

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Bitcoin Plunges to Nearly $88,000 Even as Stocks Rise

Bitcoin and Ethereum prices dropped significantly, with Bitcoin falling below $90,000 and Ethereum nearing $3,000. The c... Read Summary

Dec 5, 4:40 pm

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Indiana Lawmakers Weigh Push to Put Bitcoin in Pensions

Legislation introduced in Indiana aims to expand access to digital assets for savers and prevent local governments from... Read Summary

Dec 5, 4:33 pm

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Terra Founder Do Kwon Should Get 12 Years in Prison, DOJ Says

The Department of Justice is seeking a 12-year prison sentence for Terra founder Do Kwon, who pleaded guilty to conspira... Read Summary

Dec 5, 4:03 pm

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Maryland Man Sentenced for Aiding North Korea in Placing IT Workers in US Tech Firms

Minh Phuong Ngoc Vong, a Maryland man, was sentenced to 15 months in prison for helping North Korea infiltrate U.S. comp... Read Summary

Dec 5, 3:51 pm

Coindesk

Turkish Crypto Exchange Paribu to Acquire CoinMENA for Up to $240 Million

Paribu, a major Turkish digital asset platform, has acquired CoinMENA, a top crypto exchange in the MENA region, for up... Read Summary

Dec 5, 3:30 pm

Coindesk

Bitcoin, Ethereum Treasury Bubble Has Already Burst—Here's Why, Says CoinShares

CoinShares reported that the digital asset treasury bubble has burst, with some firms trading below their market net-ass... Read Summary

Dec 5, 2:38 pm

Coindesk

VTB Bank in Russia to Offer Spot Crypto Trading for Qualified Investors: Report

VTB Bank, Russia's second-largest lender, will introduce spot crypto trading for qualified investors next year, allowing... Read Summary

Dec 5, 2:16 pm

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Beeple's Robot DogsThat Look Like Elon Musk and Mark Zuckerberg Poop Collectible NFTs

Beeple's interactive installation at Art Basel features robot quadrupeds capturing scenes and producing stylized prints... Read Summary

Dec 5, 2:00 pm

Coindesk

Blockchain Association Adds Ex-Uniswap Exec for Policy Operations

Lindsay Fraser, previously with Uniswap, will now lead policy operations for the Blockchain Association, focusing on reg... Read Summary

Dec 5, 1:21 pm

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India's Directorate of Revenue Intelligence Warns of Crypto Use in Crime

The Directorate of Revenue Intelligence warns of increased use of crypto and stablecoins in drug and gold trafficking, e... Read Summary

Dec 5, 12:47 pm

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Ethereum Traders Show Less Downside Risk Compared to Bitcoin

Ethereum traders are more optimistic than Bitcoin traders, as indicated by options data showing less downside risk for E... Read Summary

Dec 5, 12:19 pm

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Bitcoin ETFs Just Had Their Worst Day in Weeks

Bitcoin ETFs experienced their highest outflows in two weeks, with $194.6 million leaving on December 5. BlackRock’s IBI... Read Summary

Dec 5, 11:25 am

Coindesk

European Commission Suggests Transferring Crypto Supervision to ESMA

The European Commission proposed transferring supervision of cryptocurrency companies from individual countries to the b... Read Summary

Dec 5, 7:25 am

Coindesk

Kraken Rolls Out 'VIP' Program for Wealthy Crypto Investors

Kraken has introduced a VIP program for high net worth individuals, offering personalized services and exclusive experie... Read Summary