Solana drops 5% on new FTX plan, quick rebound to wipe $125M shorts
If Solana recovers as quickly as it has in recent times approximately $125 million in short positions will be liquidated.
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Front-running, flash bots and keeping things fair in the crypto market
Decentralized finance (DeFi) has the opportunity to democratize access to financial markets that have typically only been open to the rich and powerful. But, DeFi will only survive and continue to grow if we take steps to ensure things are safe, private and fair for both retail and institutional investors. When faced with predatory market…

Citi calls out potential risks of crypto-backed mortgages and benefits of metaverse property
"Ultimately, the cryptocurrency may be liquidated if the collateral value falls below a certain threshold, such as 35% of the property value,” said the report. 369 Total views 16 Total shares Investment banking giant Citigroup has released research on how property technology could affect the housing market, mentioning virtual estate in the metaverse and cryptocurrency-backed…

Cointelegraph Research: Demand for Bitcoin Grows After Halving
Upticks in Bitcoin ATMs, transaction volume, and women in crypto all point positive for Bitcoin. 437 Total views 35 Total shares Data published today from Cointelegraph Markets and Arcane Research found that despite investor concerns over the block reward halving disincentivizing miners and possibly compromising the security of the network, demand for Bitcoin continues to…

Max Keiser: Selling Bitcoin Now for ‘Fiat Debt-Coupons’ Is a Crime
Bitcoin (BTC) will be the only exit from the “global reset” of finance which will allow central banks to even destroy the banking system itself.That was just one conclusion from Simon Dixon, CEO of cryptocurrency funding platform BnkToTheFuture, in the latest episode of financial news program the Keiser Report on April 7. Dixon: “World’s largest regulated…

Google BARD vs. ChatGPT vs. Ernie: The AI chatbot race and Web3
By now you must be aware of the AI market being on a steady rise and heralding global news headlines. AI chatbots have been the powerhouses uplifting the global business spectrum. It is expected to reach a whopping $267 billion by 2027. That’s not all — AI is expected to be a major contributor to…

Binance CEO: ‘We Will Be Suing’ The Block Over China Police Raid Story
The CEO of cryptocurrency exchange Binance has vowed to sue industry media outlet The Block over alleged false reporting.In an ongoing Twitter exchange on Nov. 22, Changpeng Zhao, known as CZ in crypto circles, promised to take legal action over an article that claimed Binance’s Shanghai office was receiving attention from Chinese police.CZ to The…

BTC price further crushes resistance, nears $53K on El Salvador ‘Bitcoin Day’
Bitcoin (BTC) targeted $53,000 on Sep. 7 as fears of a fresh BTC price dip faded above crucial resistance.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView"No going back" after El Salvador Bitcoin adoptionData from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting new highs of $52,960 on Bitstamp overnight.After a swift retest of the $51,000 level…

Trump’s crypto ventures raise conflict of interest, insider trading questions
Legal experts say Trump’s crypto ventures push legal and ethical boundaries around potential conflicts of interests and insider trading.