China

Bitcoin slides below $93,000 as $680 million longs are liquidated

Bitcoin's price has dropped below $93,000, leading to the liquidation of approximately $680 million in long positions. This decline follows a period of volatility in the cryptocurrency market, prompting significant sell-offs. Analysts suggest that the liquidation event may have been triggered by a combination of profit-taking and market sentiment shifts. The overall market remains cautious as investors assess the implications of this downturn.

Read the full article: CoinDesk

DTCC 'Not Building Walled Gardens' for Tokenization, Says Digital Assets Head

The Digital Asset Head of the Depository Trust & Clearing Corporation (DTCC) stated that the organization is not creating isolated systems for tokenization in the financial markets. Instead, DTCC aims to foster an open ecosystem that promotes interoperability among various digital asset platforms. The focus is on enhancing efficiency and

Large bitcoin holders buy the most coins since the FTX collapse of 2022

Large bitcoin holders, often referred to as "whales," have significantly increased their purchases, acquiring the most coins since the FTX collapse in 2022. This surge in buying activity comes amid a broader market recovery and rising prices, with many investors optimistic about Bitcoin's future. Data shows

Binance Restores Real-Time Bank Transfers for Australian Users

Binance has reinstated real-time bank transfers for its Australian users, allowing them to deposit and withdraw funds more efficiently. This service was temporarily suspended due to regulatory challenges but has now been restored following discussions with local banks. Users can now enjoy faster transactions, enhancing their trading experience on the

Animoca’s Yat Siu says crypto’s Trump moment is over

Yat Siu, co-founder of Animoca Brands, stated that the cryptocurrency market has moved past its "Trump moment," referring to the peak of speculative enthusiasm and hype. He emphasized that the industry is now entering a phase of maturity, focusing on real-world applications and sustainable growth. Siu highlighted the

Read more

DTCC 'Not Building Walled Gardens' for Tokenization, Says Digital Assets Head

Large bitcoin holders buy the most coins since the FTX collapse of 2022

Binance Restores Real-Time Bank Transfers for Australian Users

Animoca’s Yat Siu says crypto’s Trump moment is over