The ongoing saga surrounding the extradition of Do Kwon, co-founder of Terraform Labs, has taken another twist with the Appellate Court of Montenegro confirming the decision to hand him over to South Korean authorities. This decision comes after a series of legal battles, including multiple appeals that had temporarily halted the extradition process. Previous Extradition
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The recent surge in Bitcoin’s value, surpassing the $67,000 mark, has caused a wave of liquidations in the crypto market. Traders who were expecting the market to continue its decline were caught off guard by this sharp reversal. According to data from Coinglass, over 86,000 traders suffered losses exceeding $250 million within a 24-hour period.
After a notable recovery from the $61,000 price mark to $67,000, Bitcoin has sparked hopes within the cryptocurrency community that a bullish movement might be imminent. Despite not returning to the point it was a week ago, especially after reaching a new all-time high of $73,000 last week, Bitcoin enthusiasts are optimistic about the future.
The recent launch of $Scotty The AI on the decentralized exchange Uniswap has taken the crypto world by storm. With an initial token price of $0.01, $SCOTTY is now trading at $0.02597, marking an impressive 150% increase within just half an hour of its launch. This rapid growth has caught the attention of many investors
Cardano (ADA), currently positioned as the 9th largest cryptocurrency by market capitalization, has encountered a downward trend following the prevailing bearish sentiment in the crypto market. Bitcoin (BTC), the market leader, has led the way in price corrections for top cryptocurrencies. Despite ADA’s recent retracement of nearly 20% in the past week after reaching a 22-month
The Commodities and Futures Trading Commission (CFTC) has given the green light to Coinbase Derivatives Exchange to list futures contracts linked to Dogecoin (DOGE), Bitcoin Cash (BCH), and Litecoin (LTC). These new listings are slated to go live on or after April 1, 2024, marking a significant development in the cryptocurrency market. The CFTC’s official
In a groundbreaking moment for the digital art and cryptocurrency communities, CryptoPunk #7804, an Alien Punk, was sold for an astounding $16.4 million. This transaction not only generated immense excitement among enthusiasts and investors but also established a new standard for the value of digital collectibles. The Alien category within the CryptoPunks collection is particularly
Bitcoin, the flagship cryptocurrency, has been experiencing some fluctuations in its price recently, leading to concerns among investors. Despite this, certain fundamentals indicate that Bitcoin is still in a good position for further growth in the current bull market. One key factor to consider is the supply of Bitcoin on exchanges, which has decreased by
The legal battle between Ripple and the United States Securities and Exchange Commission (SEC) has been ongoing since December 2020. The SEC accused Ripple of conducting an unregistered securities offering by selling XRP, raising more than $1.3 billion. Ripple has defended itself by claiming that XRP is a currency, not a security, and therefore should
Recently, XRP experienced a surprising spike in its price, reaching an all-time high of $74 on the Atlantis Exchange platform. However, this sudden surge was short-lived and was later revealed to be a glitch. This isn’t the first time such a glitch has occurred in the cryptocurrency market, as similar incidents have been reported in