Bitcoin Crashes Below $24,000 As Crypto Market Shrinks
Following Bitcoin’s (BTC) recent fall, the entire crypto market valuation fell below $1 trillion for the first time since January 2021. Bitcoin has dropped more than 12% in the last 24 hours and is now trading around $23,900, its lowest level since late 2020. Its recent drop was precipitated by higher-than-expected inflation figures on Friday, […]
Binance US Faces Lawsuit Over The Sales Of Terra Token
Binance US, Binance’s US-based subsidiary, has been charged with a class-action complaint for allegedly listing and illegally selling UST and LUNA tokens as unregistered securities. Binance US, according to the class-action lawsuit, has violated federal and state securities laws in the United States. Furthermore, the crypto exchange misrepresented UST as “safe” and “fiat-backed” to sell […]
TRON Releases $700 Million To Support USDD Stablecoin
Even though TRON (TRX) prices were having a better performance amid the recent crash, they have dropped by more than 16 percent in the last 24 hours. TRON head, Justin Sun has planned to spend more than $2 billion to defend and gain support. When the USDD stablecoin lost its peg for a short time, […]
Microstrategy Investment Loses Bitcoin Worth Of $713 Million
Microstrategy’s investment loss widens as Bitcoin price falls below $25,000 in the last 24 hours. Microstrategy’s Bitcoin (BTC) holding has lost $713 million, or 18%, as the BTC price has fallen below $25k in the last 24 hours. The company, led by Bitcoin evangelist Michael Saylor, hasn’t sold any of its Bitcoin yet, but it […]
Binance Quits Support For Anonymous Litecoin Transactions
While most crypto exchanges like Binance have implemented strict KYC and AML guidelines, Litecoin’s new MWEB upgrade makes transactions private. Binance has announced that it will no longer support Litecoin (LTC) transactions sent via the latest MimbleWimble (MWEB) upgrade. Binance has warned that any transaction sent via the MWEB function will be lost because the […]