·Confidence 85%
AI Trading Firm to Cover $60 Million in Crypto Liquidations
An AI trading firm will cover $60 million in liquidations after a 19% drop in mark price due to a pre-market trade in Korea, asserting its oracle functioned
#crypto
341 articles tagged with #crypto
·Confidence 75%
Don Wilson Advocates for Perpetual Futures in Crypto Trading
DRW CEO Don Wilson argues that regulators misunderstand perpetual futures, urging a shift in perspective towards their potential in crypto markets.
·Confidence 85%
Russia Proposes New Digital Depository Rules for Crypto
Russia's central bank introduces draft rules mandating digital asset platforms to maintain $2.8 million in liquid capital as part of upcoming regulations.
·Confidence 75%
BitMEX and BitMart face challenges amid trading volume decline
Major centralized crypto platforms BitMEX and BitMart are struggling as trading volumes drop to $1.05 trillion, the lowest in over two years.
·Confidence 75%
U.S. Senate Delays Vote on Crypto Clarity Act Amid Priorities
The U.S. Senate has postponed the Crypto Clarity Act as it prioritizes other legislation, leaving the crypto industry awaiting policy developments.
·Confidence 85%
Uphold Reduces Workforce by 17% Amid Strategic Shift
Uphold announces a 17% reduction in its global workforce, citing a strategic pivot towards its expanding enterprise business as the crypto market faces
·Confidence 75%
Crypto Holds Steady as Oil Prices Drop on U.S.-Iran Pause
Bitcoin remains stable near $65,000 as Brent crude oil prices fall 7% following a pause in U.S.-Iran tensions, boosting equities and DeFi tokens.
·Confidence 85%
Storj Files for Chapter 11 Amid Crypto Market Struggles
Decentralized storage firm Storj has filed for Chapter 11 bankruptcy, proposing equity for token holders as operations continue. The token has dropped 16%.
STORJ ↓ Strong
·Confidence 75%
Ether Drives Crypto Market Up as Bitcoin Holds at $65,500
Ether's upward momentum is leading the crypto market, with Bitcoin trading around $65,500 amid falling oil prices and significant earnings reports.
·Confidence 75%
Experts Warn Crypto Governance Lags Behind Quantum Threats
As 'Q-Day' approaches, experts highlight that slow governance in crypto may hinder defenses against potential quantum computing attacks.
·Confidence 75%
Senate Deadline Approaches for Crypto Clarity Legislation
With only two weeks left before the Senate recess, key developments are needed for the advancement of crypto clarity legislation. Stakeholders are closely
·Confidence 75%
New Crypto M&A Activity Expected Amid Europe's Strict Regulations
Europe's stringent crypto regulations may drive mergers and acquisitions as firms seek to adapt, especially with MiCA and the U.K. framework in place.
·Confidence 75%
Tokenization of Weather Derivatives Could Transform Crypto Use
The tokenization of weather derivatives may provide Main Street with a new way to hedge against climate-related financial risks, according to CoinDesk's
·Confidence 75%
Senate Democrats Push for Stronger Crypto Limits After Trump Deal
Senate Democrats urge for more stringent crypto regulations despite securing limits from Trump, highlighting ongoing concerns over the Clarity Act's
·Confidence 85%
LMAX Considers Sale or IPO with Morgan Stanley's Help
Institutional crypto trading platform LMAX is evaluating options for a potential sale or IPO, collaborating with Morgan Stanley and KBW for guidance.
·Confidence 75%
Mirae to Transform Korbit into Digital X Ecosystem
Mirae Asset plans to rebrand its crypto exchange Korbit as Digital X, aiming to create a comprehensive ecosystem linking real-world assets and digital
·Confidence 85%
Goldman Sachs CEO Supports Clarity Act Amid Banking Concerns
Goldman Sachs CEO endorses the Clarity Act, arguing it will enhance regulatory stability for the crypto market, despite opposition from other banks on
·Confidence 75%
Senator Lummis Discusses Updates to Crypto Clarity Act
Senator Cynthia Lummis expresses satisfaction with the updated Crypto Clarity Act, indicating further discussions on ethics and other provisions are
·Confidence 75%
Democratic Lawmakers Critique New Crypto Clarity Act Draft
Key Democratic lawmakers express concerns over the new draft of the Crypto Clarity Act, citing issues related to ethics and other significant matters.
·Confidence 85%
U.S. Targets $25 Million in Crypto from Scams
U.S. authorities are pursuing the forfeiture of $25 million in cryptocurrency linked to romance and investment scams, part of a broader recovery effort