Bybit lifts curtain on liquidation data following underestimated figures
Bybit has made liquidation data public via API, improving transparency for traders after CEO Ben Zhou challenged underreported crypto liquidation figures.
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Tether’s Gold-Backed Stablecoin in Demand as Commodity Hits ATH
The price of gold and Tether’s XAUT rallied to more than $1,900 today, a value not seen since September 2011. 1414 Total views 12 Total shares The Tether Gold stablecoin was valued at $1,902 on July 24, putting the price of gold within reach of the commodity’s all-time high set in September 2011.Gold has risen…

Cointelegraph Consulting: ERC-20 token’s market cap overtakes Ethereum’s
The latest findings by Santiment, published in Cointelegraph Consulting’s biweekly newsletter, suggest that Ethereum is temporarily being ‘professionalized’. Since the September 2nd market crash, the combined market capitalization of all ERC-20 assets has overtaken Ethereum’s own market cap, with the differential between the two continuing to grow in favor of ERC-20 assets. This market cap ‘flippening’ points…

Bank of England governor issues crypto investment warning
England’s central bank warns crypto investors to be wary of the risks associated with buying cryptocurrencies. 8801 Total views 27 Total shares Andrew Bailey, governor of the Bank of England, has warned crypto investors of the dangers of participating in the market.Speaking during a conference on Thursday, Bailey balked at the notion of “cryptocurrencies,” stating…

Public Bitcoin mining companies plagued with $4B of collective debt
The Bitcoin mining community took up massive loans during the 2021 bull market, negatively impacting their bottom lines during a subsequent bear market. 86 Total views 2 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as NFTThe recent bankruptcy filing of Bitcoin (BTC) miner Core Scientific despite a $72M relief offer from creditors raised…

Judge blocks Bankman-Fried’s attempt to obtain key documents in fraud prosecution: Report
The request was denied by U.S. District Judge Lewis Kaplan, who characterized it as a “fishing expedition” lacking justification. Sam Bankman-Fried, the co-founder of FTX, has been denied his request to obtain documents from a Silicon Valley law firm, Fenwick & West LLP, as part of his defense strategy in his ongoing federal fraud case,…

QED, Nexus aim to bring smart contracts to Dogecoin
The zkVM scaling solution will make the dog-themed memecoin network “STRONKer than all the others,” QED and Nexus said.

BlackRock’s IBIT records biggest inflow day since March at $523M
BlackRock’s Bitcoin ETF has witnessed over half a billion dollars of inflows on the same day a flurry of spot Ether ETFs got the nod to begin trading.

Bitcoin Price Reclaims $10K Reversing Weekend Losses, XTZ Soars 13%
After a bearish weekend which saw Bitcoin (BTC) price drop 8.76% to $9,444, the price has again reclaimed the $10K mark. Prior to the breakout, the price was steadily moving upward, reclaiming the $9,800 support on increasing trading volume. Over the weekend many traders expressed fear that a drop below $9,450 would solidify a bearish trend…