Bitcoin Plunge Causes $450M in Bullish Crypto Bets Liquidated
Crypto market capitalization dropped 5% on average as Middle East tensions flared up late Monday, denting growth in risk assets.
news
Bitcoin Regains $61K in Worst Start to Most Bullish Month as Israel-Iran Tensions Rage On
Global equities and risk assets such as bitcoin took a hit Tuesday as Iran launched missiles on key Israeli locations, with the latter threatening retaliation in the coming days.
Bitwise Takes a Step Toward XRP ETF
Crypto native asset manager Bitwise is moving toward creating an exchange-traded fund tracking XRP, the token closely associated with crypto company Ripple.
Tether’s USDT Has Uses Beyond Crypto Markets, Trading: CEO Paolo Ardoino
Ardoino says there’s more of a need for stablecoins outside the U.S., especially in countries with rampant inflation and shoddy financial infrastructure.
Diddy Hires Sam Bankman-Fried’s (New) Lawyer
Sean “Diddy” Combs has hired Sam Bankman-Fried’s lawyer, Alexandra Shapiro, to appeal a New York judge’s decision to keep him locked up while he awaits trial for racketeering and sex trafficking charges.
Robinhood Introduces Crypto Transfers in Europe as It Doubles Down on Expansion
Robinhood customers in the European Union can now transfer more than 20 cryptocurrencies, including include bitcoin, ether, solana and USD coin, in and out of the trading app.
Crypto Winter-Era Seed Startups Mostly Persist Despite Tumult and Crisis
But fundraising difficulties and product-market-fit issues may imperil their future, according to a report from Lattice VC.
Bitcoin Slides Below $63K, Diverging from Gold as Middle East Tensions Flare Up
The S&P 500 and the Nasdaq also fell on a report that Iran was preparing an imminent missile attack on Israel.
Bitcoin Bull Run in Question as Balances on OTC Desks Rise to 410k
Approximately 200,000 bitcoin have been transferred to OTC desks in the past five months.
CoinDesk 20 Performance Update: APT Gains 5%, With Most Index Constituents Rising
Uniswap was also a top performer, gaining 2.9%.