XRP faces liquidations totaling $1.32 million, predominantly affecting long positions. Market sentiment remains bearish, reflected in declining trading volume and open interest. Despite challenges, experts anticipate a bullish trajectory, advocating for accumulation as XRP trades at around $0.6.
EdmundGrayscale's BTC ETF sees record-low outflow, signaling stabilization. Genesis liquidation and high fees contribute to persistent outflows. BTC trading at $70,600, up 2.2%.
Huang BoTether (USDT) boosts its Bitcoin holdings, now ranking seventh globally. With a recent purchase of over 8,000 BTC, totaling $5.23 billion, Tether solidifies its dominance amidst regulatory scrutiny.
Xu LinPlayer A in the currency circle sold the virtual currency USDT off-site, and had a slight accident when transferring USDT (or "exiting U").
JinseFinanceShiba Inu targets 2024 goals, Binance freezes $4.2M stolen XRP, and a whale moves $318M Bitcoin to PayPal, showcasing crypto dynamics.
EdmundU.S. government's $118 million Bitcoin sale from Silk Road stirs discussion. Experts downplay impact, citing small size compared to recent Grayscale sales. Represents 1.5% of government holdings and less than 1% of Bitcoin's circulating supply. Trend shifts towards direct exchange sales.
Huang BoU.S. government to sell $118 million in seized Bitcoin sparks debate, but market experts downplay impact, citing historical perspective and minimal holdings compared to recent outflows from Grayscale Bitcoin Trust.
Huang BoIndonesia sees a surge in crypto investors, hitting 18.25 million in November 2023, driven by a 62.8% spike in transaction values. Optimism surrounds the country's crypto future, buoyed by anticipated Bitcoin halving and growing regulatory support.
JoyPrivy, a startup specialising in blockchain-based tools, has successfully secured $18 million in its Series A funding round. Paradigm, the crypto-focused investment firm, took the lead in this funding initiative, signaling a growing interest in web3 advancements.
JasperDespite the bearish backdrop for the entire crypto industry, the total stablecoin supply has reached $180 billion, a surge of $9.5 billion over the past 30 days.
Cointelegraph