Crypto news

2024 - 12 - 10

Crypto Chaos: Buckle Up for the Wildest Ride of 2023!

Coinbase and crypto payments - Crypto market volatility - Crypto regulations in Australia - Helium Hotspots - Liquidation in cryptocurrencies - Web3 and tokenization

The crypto rollercoaster is back, and it's not for the faint-hearted! From $1.7B liquidated to strategic partnerships, this is a ride you don't want to miss!

The world of cryptocurrency is once again fireworks central, with recent market fluctuations reflecting an exhilarating yet volatile landscape. After a thrilling run propelled by the hype surrounding President-elect Donald Trump, the crypto market has hit some bumps, and it might just take a while before we see those $100K Bitcoin dreams realized. In just 24 hours, the market witnessed a staggering $1.7 billion in liquidations, leaving traders reeling and questioning their investment strategies. This rollercoaster of emotions has left not only seasoned investors shaken but also novice traders who thought they could ride the wave of profits through this digital gold rush.

While many are feeling the pinch after Bitcoin plunged below $95K, there’s still hope on the horizon with partnerships like that of Coinbase and Triple-A, enabling seamless crypto payments for businesses. It’s a sign that the cryptocurrency world is evolving, and while the daily rollercoaster has left many holding their breath, the underlying technology continues to advance. Experts believe that tokenization and innovations in the Web3 space are on the cusp of revolutionizing market transactions, making this a pivotal time for crypto enthusiasts.

Moreover, there's a humorous twist in the ongoing saga of crypto regulation. Just as things were heating up with hefty regulations coming down from the Australian Securities and Investments Commission, end users are scrambling to bypass restrictions while trying to keep track of the ever-changing landscape. It's like being stuck in a comedic sitcom where every episode presents an unexpected plot twist. Some reputable personalities in the space are even taking on the role of sleuths to expose scams and keep the community informed – shoutout to ZachXBT for his detective work!

With discussions around advanced technologies like quantum computing and the impact of political changes on market conditions, investors are reminded to buckle up. In this fast-paced digital economy, what goes up can certainly come crashing down at a moment’s notice, leaving the unprepared wishing they'd stuck to investing in bottled water. Curious fact: Over 500,000 traders were liquidated in the recent downturn, making this a standout event in the crypto's rocky history. And if you're looking for a quirky tidbit, Helium Hotspots are not just your everyday hotspot—they’re generating HNT tokens while you binge-watch your favorite series, making it the ultimate two-in-one gift for your crypto-loving pals!

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Image courtesy of "Messari"

Holiday Gift Guide for the Crypto Maxi in Your Life (Messari)

Helium Hotspots share your internet connection with nearby devices while earning HNT tokens as a reward. Perfect for business owners or anyone with access to ...

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Image courtesy of "Heritage.org"

Ending the Treasury Department's Regulatory Overreach on Crypto ... (Heritage.org)

Zack is a Senior Legal Fellow and Manager of the Supreme Court and Appellate Advocacy Program in Heritage's Meese Center. Cryptocurrency users who crave ...

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Image courtesy of "Yahoo Finance"

Why the market is underestimating how close crypto is to tokenizing ... (Yahoo Finance)

Web3 is getting closer and closer to tokenizing traditional market plumbing as a trading revolution intensifies.

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Image courtesy of "Yahoo Finance"

Crypto Volatility Picks Up as Trump-Fueled Rally Starts to Fray (Yahoo Finance)

(Bloomberg) -- A bout of selling buffeted crypto as the optimism sparked by President-elect Donald Trump's embrace of the sector begins to cool.

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Image courtesy of "Crypto Briefing"

Crypto crash wipes out $1.7 billion in leveraged positions, Bitcoin ... (Crypto Briefing)

Crypto market crash results in $1.7B in liquidations. Bitcoin plunges to $94K amid market-wide selloff and quantum computing concerns.

Crypto volatility picks up as Trump-fuelled rally starts to fray (The Business Times)

A BOUT of selling buffeted crypto as the optimism sparked by president-elect Donald Trump's embrace of the sector begins to cool.

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Image courtesy of "Bitcoin News"

Crypto Bloodbath: $1.5 Billion Liquidated as Bitcoin Crashes to $94 ... (Bitcoin News)

The crypto economy shrunk by 6.31% in just 24 hours and $1.5 billion in crypto derivatives positions vanished.

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Image courtesy of "Tech in Asia"

Crypto liquidations hit $1.5b (Tech in Asia)

The liquidations included US$1.38 billion from long positions and US$136.7 million from short positions. Bitcoin liquidations alone accounted for US$163.4 ...

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Image courtesy of "crypto.news"

Small-cap crypto lead $1.7 billion liquidation in a day (crypto.news)

The crypto market has witnessed a massive outbreak a day, with liquidation data showing hundreds of thousands of traders have been liquidated.

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Image courtesy of "FX News Group"

ASIC seeks orders winding up NGS Crypto (FX News Group)

The Australian Securities and Investments Commission (ASIC) is seeking orders winding up NGS Group Ltd and NGS Crypto Pty Ltd.

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Image courtesy of "FXStreet"

Crypto market spooked by another Bitcoin pullback below 100K (FXStreet)

Crypto market capitalisation has fallen 4% in the last 24 hours to 3.4 trillion, taking a hit from another failed attempt by Bitcoin to break above 100k.

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Image courtesy of "U.Today"

Here's Why Crypto Market Lost $1.6 Billion in Hours (U.Today)

U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making ...

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Image courtesy of "The Crypto Times"

Crypto Market See $1.76B in Liquidations as BTC dips to $95k (The Crypto Times)

Crypto market crashes with $1.76B liquidated in 24 hours. Bitcoin alone sees $189M wiped out as traders face unprecedented losses across positions.

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Image courtesy of "FXStreet"

Crypto correction in the making? – Silver strong (FXStreet)

Important News for the day Tue, 10th, 04:30 CET AU AUD rate statement Political uncertainty Reports circulate that Syrian leader Assad has received asylum ...

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Triple-A and Coinbase enter crypto payments partnership (Yahoo Finance)

This integration will soon enable Coinbase customers to make daily payment transactions at Triple-A merchants. The initiative will enable merchants to provide a ...

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Image courtesy of "pymnts.com"

Coinbase Integrates With Triple-A to Expand Crypto Payments ... (pymnts.com)

An integration will let Coinbase users make payments to select merchants in the network of Triple-A, a cryptocurrency payments solution.

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Image courtesy of "Forbes"

FINRA Crawls Toward Crypto Acceptance While Wirehouses Hold ... (Forbes)

This move represents a slow but discernible shift in the regulatory landscape, as FINRA attempts to provide some guidance for institutions and individuals ...

Julia Leung: Hong Kong's Crypto Proponent (Coindesk)

The CEO of the Hong Kong Securities and Futures Commission is playing a critical role in the region's bid to establish itself as a global hub for crypto.

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Image courtesy of "Blockworks"

Staying hip in crypto is no easy feat (Blockworks)

2019 was a long time ago, and the "it" tokens have changed dramatically since then.

ZachXBT: Master Sleuth of Crypto (Coindesk)

Since 2021, pseudonymous blockchain sleuth ZachXBT has built an unmatched reputation for the relentless pursuit of crypto thieves and scammers.

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Image courtesy of "advisorperspectives.com"

Crypto Volatility Picks Up as Trump-Fueled Rally Starts to Fray (advisorperspectives.com)

A bout of selling buffeted crypto as the optimism sparked by President-elect Donald Trump's embrace of the sector begins to cool.

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Image courtesy of "Yahoo Finance"

What Happened in Crypto Today: What Really Happened When ... (Yahoo Finance)

Bitcoin takes a record-breaking plunge from $100K, with profits dropping 76%. · Half a million traders just got liquidated ($1.5B gone!) with Ethereum taking the ...

OSC publishes compliance review findings and guidance for crypto ... (Ontario Securities Commission)

TORONTO – the Ontario Securities Commission (OSC) published its findings from a focused compliance review of crypto asset trading platforms (CTPs).

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Image courtesy of "CCN.com"

Crypto Bull Run Brakes Hard as $1.7 Billion Liquidated Overnight (CCN.com)

Crypto markets experienced a significant downturn, leading to over $1.7 billion in liquidations. Bitcoin plummeted below the $100000 level.

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Image courtesy of "crypto.news"

Why Did The Crypto Market Plunge Overnight? (crypto.news)

Could the recent $1.64 billion liquidation spree mark the beginning of a broader trend, or is this just a minor hiccup for crypto markets?

CRYPTO EXPERT WARNS INEXPERIENCED INVESTORS (PRWire)

TRUMP'S VICTORY HAS ALREADY SEEN A HUGE SURGE IN CRYPTOCURRENCY VALUE # THOSE COMPLETELY NEW TO BITCOIN SCRAMBLE FOR WAYS TO INVEST# AUTHOR TROY HARRIS IS A ...

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Image courtesy of "Yahoo Finance"

Why some investors are still wary of crypto despite post-election rally (Yahoo Finance)

In a recent episode of Financial Freestyle, Armando Pantoja, founder of the leading crypto site ICO Ranker, unpacked why banks and some financial executives ...

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