Ethereum Whale Buys $39M Worth of ETH Despite Bigger Drop Than Bitcoin
In a surprising move during a sharp market downturn, a major Ethereum whale has purchased $39 million worth of ETH, signaling confidence in the long-term potential of the asset even as Ethereum posted a steeper decline than Bitcoin. Whale Accumulation Amid Market Sell-Off The broader crypto market witnessed significant losses over the last 24 hours, […]
Crypto Market Hit with $875M in Liquidations in 24 Hours
The crypto market has suffered a sharp downturn, with over $875 million in liquidations occurring in the past 24 hours. This rapid sell-off marks one of the largest single-day liquidations in recent months, sparking widespread concern among investors and analysts about short-term market stability. According to data from leading derivatives analytics platforms , the majority […]
SOL Price Drop to $120 Looks Likely, But There’s a Silver Lining
Solana (SOL), one of the top-performing altcoins in recent years, is currently facing increased selling pressure that has analysts forecasting a possible drop to the $120 mark. While the short-term technicals suggest a pullback is imminent, there may be a silver lining for long-term investors. Technical Weakness Signals Further Decline Recent price movements show that […]
Russia Reports 70% of Crypto Miners Still Unregistered Despite New Laws
Russia’s Finance Ministry has revealed that nearly 70% of the country’s cryptocurrency miners remain unregistered despite recent laws that require official documentation and tax compliance from those engaged in mining activities. This disclosure comes months after new legislation was introduced to regulate the crypto mining sector, formalize reporting structures, and bring in much-needed tax revenue […]
Iran’s Crypto Exchange Nobitex Loses $48 Million in Wallet Hack
Iran’s premier cryptocurrency exchange, Nobitex, confirmed early Wednesday that hackers breached its hot wallet infrastructure, siphoning approximately $48 million in digital assets. The incident has sparked renewed concerns regarding exchange security and regulatory oversight in the country’s rapidly expanding crypto market. According to a security notification issued by Binance today, Nobitex detected “unauthorized access to some notification […]