Cryptocurrency Market

Cryptocurrency Market

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  • Market Cap: $2,242,136,520,053.27
  • 24h Vol: $74,407,173,600.66
  • BTC Dominance: 55.98%

Bitcoin

ftx-debtors-report-$8.9b-shortfall-in-customer-funds-and-‘highly-commingled’-assets-in-latest-presentation

FTX Debtors Report $8.9B Shortfall in Customer Funds and ‘Highly Commingled’ Assets in Latest Presentation

Leave a Comment / $8.9 billion, $8.9B, Alameda Research, Bankruptcy, Bitcoin, BTC, Category A Assets, Category B Assets, ceo, commingled assets, Crypto Hacked, Cryptocurrency, Cryptocurrency Exchange, Cyber Attack, Digital Assets, ETH, Ethereum, FTT, ftx, international exchange, Market Caps, matic, News, PAXG, preliminary report, Press release, record keeping, shib, shortfall, shortfalls, SOL, Solana, Stablecoin, sweep wallets, trading volumes, UNI, WBTC, WETH / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

On March 2, 2023, FTX debtors released their second stakeholder presentation, which contains a preliminary analysis of the now-defunct cryptocurrency exchange’s shortfalls. The latest presentation reveals a significant shortfall, as approximately $2.2 billion of the company’s total assets were found in FTX-related addresses, but only $694 million is considered “Category A Assets,” or liquid cryptocurrencies […]

FTX Debtors Report $8.9B Shortfall in Customer Funds and ‘Highly Commingled’ Assets in Latest Presentation Read More »

avalanche-sees-surge-in-btc-bridged-to-its-network-with-over-$44-million-in-bitcoin-ported-on-thursday

Avalanche Sees Surge in BTC Bridged to Its Network With Over $44 Million in Bitcoin Ported on Thursday

Leave a Comment / Avalanche, AVAX, BENQI, BEP20, Bitcoin, Blockchain, Bridge, bridged Bitcoin, Bridges, BTCB, Crypto, Crypto Hacked, Cryptocurrency, decentralized finance, DeFi, Digital Currency, Dune Analytics, Ethereum, Finance, GMX, investment, lightning network, Liquid, market, network, News, Onchain data, protocol, public channels, RSK, Supply, trading, transfer, Unique addresses, Virtual Currency, WBTC / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

According to statistics, the number of bitcoin bridged to the Avalanche blockchain saw a significant inflow on March 2, as more than 2,000 bitcoin were bridged on that day. Data further shows that as of Friday, March 3, a total of 8,504 bitcoin worth $190.9 million was bridged over to the Avalanche network. Bitcoin Bridged

Avalanche Sees Surge in BTC Bridged to Its Network With Over $44 Million in Bitcoin Ported on Thursday Read More »

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Bitcoin’s Price Drop Causes Over $200 Million in Long Liquidations Across Crypto Derivative Exchanges

Leave a Comment / Analysis, Binance, Bitcoin, Blockchain, Bybit, Coinex, Coinglass, Crypto Hacked, Cryptocurrency, deribit, derivatives, Digital Assets, Ethereum, Exchanges, Finance, Futures, Futures Open Interest, Futures Volumes, Huobi, investment, Investors, Liquidations, Long Positions, market, News, Okx, Open Interest, options, perpetual futures, perpetual swaps, Price, REKT, Short Positions, Statistics, Traders, trading, Trading Volume, Value, volatility, Wipe Outs / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

On Feb. 24, 2023, bitcoin’s price remained above the $23,000 threshold and then rose to a peak of $23,829 per unit on March 1. On March 2 at 8 p.m. Eastern Time, the price of bitcoin fell, dropping below the $23,000 mark. This decline resulted in a significant $237.97 million worth of long liquidations on

Bitcoin’s Price Drop Causes Over $200 Million in Long Liquidations Across Crypto Derivative Exchanges Read More »

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Biggest Movers: DOGE, SHIB Fall to Lowest Levels Since January

Leave a Comment / Analysis, Bitcoin, Crypto Hacked, Cryptocurrency, dogecoin, Ethereum, Market Updates, Meme Coin, Price, shiba inu / / / , , , , ,

Dogecoin dropped to its lowest level since January, as a red wave swept through cryptocurrency markets. The Silvergate bank based sell-off has impacted overall sentiment, with the global crypto market cap down 3.63% as of writing. Shiba inu also dropped, falling to a six-week low. Dogecoin (DOGE) Dogecoin (DOGE) dropped to a multi-month low on

Biggest Movers: DOGE, SHIB Fall to Lowest Levels Since January Read More »

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Ebb and Flow of Stablecoin Economy Continues With BUSD’s Market Cap Dropping Below $10 Billion Range

Leave a Comment / Altcoins, Bitcoin, Blockchain, BUSD, BUSD supply, Crypto, Crypto Hacked, Cryptocurrency, cryptocurrency market, DAI, Decentralized, depegging, Digital Assets, Digital Currency, Digital Tokens, Economy, Ethereum, Finance, Financial Technology, fluctuation, FRAX, GUSD, investment, Market Capitalization, Peer-to-peer, Stablecoin Economy, Stablecoin Tokens, Stablecoins, Supply, Terra, Trading Volume, tusd, USDC, USDD, USDP, USDT, valuation, Virtual Currency / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

The realm of stablecoins is an ever-evolving landscape and the number of coins in circulation for the stablecoin BUSD has fallen below the 10 billion mark to approximately 9.68 billion on March 3, 2023. Over the last 30 days, BUSD’s token supply has dropped 40% lower. In contrast, the number of tethers in circulation has

Ebb and Flow of Stablecoin Economy Continues With BUSD’s Market Cap Dropping Below $10 Billion Range Read More »

bitcoin,-ethereum-technical-analysis:-btc,-eth-hit-multi-week-low,-as-silvergate-uncertainty-spooks-markets

Bitcoin, Ethereum Technical Analysis: BTC, ETH Hit Multi-Week Low, as Silvergate Uncertainty Spooks Markets

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Bitcoin dropped to a two-week low on Friday, as crypto markets continued to react to the uncertainty surrounding Silvergate. The solvency of the bank has been put into question, with Binance, Coinbase and other exchanges moving to halt transactions. Ethereum also edged lower, falling below $1,600 in the process. Bitcoin Bitcoin (BTC) plunged further into

Bitcoin, Ethereum Technical Analysis: BTC, ETH Hit Multi-Week Low, as Silvergate Uncertainty Spooks Markets Read More »

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Crypto Exchange Bitzlato Restores Access to User Funds

Leave a Comment / ACCESS, Bitcoin, Bitzlato, Crypto, crypto exchange, Crypto Hacked, Cryptocurrencies, Cryptocurrency, Customers, Ethereum, Exchange, Exchanges, Funds, illicit funds, Money Laundering, operations, Russia, russian, seized, shut down, Traders, users, Withdrawals / / / , , , , , , , , , , , , , , , , , , ,

Russia-linked cryptocurrency exchange Bitzlato has begun processing withdrawals of digital assets belonging to its customers. The trading platform was shut down in an operation carried out by law enforcement agencies in the U.S. and Europe alleging that it had been used to launder dirty money. Bitzlato Allows Withdrawals After Staying Offline for Weeks Users who

Crypto Exchange Bitzlato Restores Access to User Funds Read More »

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Ride With BitKeep and Seize the Opportunity as Arbitrum Argonaut Makes Waves

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PRESS RELEASE. How to participate in the Arbitrum ecosystem as Layer 2 continues gaining traction? The Ethereum’s Layer 2 (L2) players have been performing exceptionally well to date, with impressive TVLs in the ecosystems of Arbitrum, Polygon, and Optimism as the market rebounds. Among these, Arbitrum has the largest TVL, accounting for almost 50% of

Ride With BitKeep and Seize the Opportunity as Arbitrum Argonaut Makes Waves Read More »

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Spanish Tax Agency Puts Crypto in Its Sights for the Upcoming Tax Season

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The Spanish tax agency has included crypto as part of its new guidelines for this year’s upcoming tax collection season. Apart from boosting the channels for voluntary tax applications, the agency will potentiate the investigation of cryptocurrency in digital payments, including potentially seizing cryptocurrency associated with tax debts and criminal activity. Spanish Tax Agency to

Spanish Tax Agency Puts Crypto in Its Sights for the Upcoming Tax Season Read More »

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Xapo Bank Integrates Lightning Network Payments Through Lightspark Partnership

Leave a Comment / Bitcoin, Bitcoin.com News, block, BTC, closed beta partners, Crypto, Crypto Hacked, Cryptocurrency, cryptocurrency wallets, David Marcus, decentralized finance, Digital Currency, digital payments, economic uncertainty, enterprise-grade solution, Ethereum, Facebook, Hyperinflation, Interest-Bearing, Jack Dorsey, lightning network, Lightning nodes, lightspark, Liquidity, merchant payments, News, payment integration, Payment Processing, payment service provider, political turmoil, routing services, satoshis, Seamus Rocca, small purchases, total capacity, transaction confirmation time, Transaction Fees, transaction speed, U.S. dollar bank accounts, Xapo Bank, Xapo Lightspark / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

On March 2, Xapo Bank announced its partnership with Lightspark, a company led by David Marcus, former crypto boss at Facebook. The partnership aims to extend the utility of bitcoin and the Lightning Network. Xapo revealed on Thursday that it is the first fully licensed private bank to offer payments through the Lightning Network. Xapo

Xapo Bank Integrates Lightning Network Payments Through Lightspark Partnership Read More »