Crypto Currency

32,916 Traders Liquidated in Crypto Market as Market Slump Continues

Coinspeaker 32,916 Traders Liquidated in Crypto Market as Market Slump Continues The cryptocurrency market continues to endure a severe downturn, resulting in the liquidation of 32,916 traders. 32,916 Traders Liquidated in Crypto Market as Market Slump Continues…

Published 2 months ago in

Coinspeaker
32,916 Traders Liquidated in Crypto Market as Market Slump Continues
The cryptocurrency market continues to endure a severe downturn, resulting in the liquidation of 32,916 traders.
32,916 Traders Liquidated in Crypto Market as Market Slump Continues…
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Crypto Currency

Trump’s transition team signals strong pro-Bitcoin direction, contrasting Harris’ regulatory approach

Former President Donald Trump’s campaign has appointed chairs for the presidential transition team, which is drawing attention for its strong pro-crypto stance. According to an Aug. 16 announcement, Cantor Fitzgerald CEO Howard Lutnick, a well-known Bitcoin advocate, and Linda McMahon, WWE co-founder and a prominent entrepreneur who has criticized central bank digital currencies (CBDCs…

Published 3 hours ago in
Trump’s transition team signals strong pro-Bitcoin direction, contrasting Harris’ regulatory approach

Former President Donald Trump’s campaign has appointed chairs for the presidential transition team, which is drawing attention for its strong pro-crypto stance. According to an Aug. 16 announcement, Cantor Fitzgerald CEO Howard Lutnick, a well-known Bitcoin advocate, and Linda McMahon, WWE co-founder and a prominent entrepreneur who has criticized central bank digital currencies (CBDCs…
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Crypto Currency

Crypto investors redeem over $30 million WBTC as MakerDAO halts new loans

MakerDAO, the decentralized autonomous organization behind the DeFi protocol Maker, has approved a proposal to halt new borrowing against BitGo’s wrapped Bitcoin (WBTC). On Aug. 15, MakerDAO revealed that it was reducing the debt ceiling for all WBTC vaults to zero. This move effectively prevents any new borrowing from these vaults and lowers WBTC’s loan-to-value

Published 3 hours ago in
Crypto investors redeem over $30 million WBTC as MakerDAO halts new loans

MakerDAO, the decentralized autonomous organization behind the DeFi protocol Maker, has approved a proposal to halt new borrowing against BitGo’s wrapped Bitcoin (WBTC). On Aug. 15, MakerDAO revealed that it was reducing the debt ceiling for all WBTC vaults to zero. This move effectively prevents any new borrowing from these vaults and lowers WBTC’s loan-to-value […]
The post Crypto investors redeem over $30 million WBTC as MakerDAO halts new loans appeared first on CryptoSlate…
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Crypto Currency

Bitcoin Fog Founder Challenges 30-Year Sentence Recommendation

TLDR Roman Sterlingov, founder of Bitcoin Fog, was convicted on money laundering charges in March 2024 Prosecutors recommend a 20-30 year prison sentence for Sterlingov Sterlingov’s lawyers argue the proposed sentence is excessive and unwarranted Bitcoin Fog allegedly facilitated laundering of about $400 million in Bitcoin from 2011 to 2021 The case highlights increasing legal

Published 3 hours ago in
Bitcoin Fog Founder Challenges 30-Year Sentence Recommendation

TLDR Roman Sterlingov, founder of Bitcoin Fog, was convicted on money laundering charges in March 2024 Prosecutors recommend a 20-30 year prison sentence for Sterlingov Sterlingov’s lawyers argue the proposed sentence is excessive and unwarranted Bitcoin Fog allegedly facilitated laundering of about $400 million in Bitcoin from 2011 to 2021 The case highlights increasing legal […]
The post Bitcoin Fog Founder Challenges 30-Year Sentence Recommendation appeared first on Blockonomi…
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Crypto Currency

Crypto analyst doubts Bitcoin dominance is 'going back up' to 70% again

Crypto analyst Benjamin Cowen expects Bitcoin dominance to make its “final move” to 60% either in September or, at the latest, by December 2024…

Published 3 hours ago in
Crypto analyst doubts Bitcoin dominance is 'going back up' to 70% again

Crypto analyst Benjamin Cowen expects Bitcoin dominance to make its “final move” to 60% either in September or, at the latest, by December 2024…
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