Crypto Countdown: Major Options Expiry Stirs Market Volatility
As the clock ticks toward another significant event in the cryptocurrency markets, traders are gearing up for a major options expiry event set for this Friday at 08:00 UTC. Deribit, the leading crypto derivatives exchange, is preparing for the expiration of bitcoin (BTC) options worth $6.68 billion and ether (ETH) options worth $3.5 billion. This […]
Bitstamp Tightens Reins: Delisting Non-Compliant Stablecoins
In a move reflecting the tightening regulatory landscape across Europe, crypto exchange Bitstamp has announced it will delist Tether’s EURT and other stablecoins that fail to comply with the European Union’s forthcoming crypto regulations before the looming June 30 deadline. The new regulation, known as the Markets in Crypto-Assets (MiCA), is set to redefine the […]
Crypto Under the Gavel: DOJ Declares HYDRO a Security
In a landmark decision, the U.S. Department of Justice (DoJ) has for the first time classified a cryptocurrency, the HYDRO token, as a security. This pivotal ruling accompanied the sentencing of Shane Hampton, CEO of Hydrogen Technology, and Michael Kane, the firm’s head of financial engineering, for their roles in manipulating the token’s market prices. […]
Roaring Kitty Retreats: GameStop Stock Sinks Again
GameStop’s stock price continues to tumble as Keith Gill—better known by his online monikers Roaring Kitty and DeepFuckingValue—steps back from the limelight. The once-soaring stock is now on a downward trajectory, erasing recent gains. As of this writing, GME is trading at $23.00, reflecting a nearly 3% drop since Monday’s close and a 7% decline […]
German Bitcoin Selloff: $170M Dumped Amid Market Volatility
In a significant move, German authorities have been unloading substantial amounts of Bitcoin, as on-chain analysis has shown. This latest round of selling comes on the heels of a previous sale of approximately $170 million worth of Bitcoin last week. Recently, the Federal Criminal Police Office (BKA) made a notable transfer of 400 BTC, roughly […]
Crypto Carnage: Bitcoin and Ethereum Liquidations Soar
The cryptocurrency market is enduring a brutal downturn this week, with approximately $191 million in crypto derivatives contracts being liquidated in the last 24 hours. Bitcoin (BTC) has borne the brunt of these liquidations, accounting for about $103 million. Ethereum (ETH) follows closely behind with $33 million in liquidations. This sharp rise in liquidations comes […]
Jason Derulo’s Meme Coin Drama: Scam or Strategy?
Jason Derulo is the latest celebrity to launch a meme coin on Solana, only to claim he was scammed by the infamous celebrity coin promoter, Sahil Arora. However, Arora insists it was all part of the plan. On Sunday, the renowned R&B singer announced the launch of JASON, a meme coin via Pump.fun. Less than […]
MetalCore’s Bold Move: Token Launch, and Fresh Features
Studio369, the mastermind behind the sci-fi mech shooter MetalCore, has announced a major development: the launch of its Ethereum token this week, coinciding with the third phase of its closed beta. This update promises to bring new gameplay modes and economic features to the blockchain-based game. Kicking off on June 27, MetalCore’s Closed Beta 3 […]
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