$700 Million in Liquidations as BTC, ETH, XRP Plunge Ahead of FOMC

Bitcoin’s Monday rally that drove it to $65,600 on a couple of occasions has come to a screeching halt, as the asset has not only erased all gains but plummeted even more to a ten-day low. Most altcoins have followed suit, which has skyrocketed the daily liquidations to approximately $700 million. BTCUSD July 28. Source: […]

US judge temporarily blocks Minnesota prediction market ban

Cointelegraph is committed to providing independent, high-quality journalism across the crypto, blockchain, AI, and fintech industries.All news, reviews, and analyses are produced with full journalistic independence and integrity. For more details on our standards and processes, please read our Editorial Policy.

Ethereum Could Hit $20K as Multi-Year BTC Base Completes: Analyst

Pseudonymous trader CrediBULL Crypto is calling for Ethereum (ETH) to reach $20,000 or higher, repeating a target he first laid out three weeks ago when the token was trading near $1,500. According to him, Ethereum is finishing a multi-year base against Bitcoin (BTC) and is about to enter its first bull run since 2017. The […]

TheFCA Obtains Court Order for Victims of Fraudster John Burford

The Financial Conduct Authority (FCA) has successfully secured a confiscation order against convicted fraudster John Burford, allowing victims to recover a significant portion of their investments. Following a £1 million fraud, approximately 70 victims will reclaim 99% of their lost funds, demonstrating the FCA’s commitment to tackling financial crime. For more details, see the official […]

New Wallet Withdraws 2,101 ETH from Binance Amid Whale Accumulation

A recent tweet by CryptoTwitter commentator @lookonchain highlights increased whale activity in Ethereum. A newly created wallet withdrew 2,101 ETH, valued at approximately $3.95 million, from Binance just hours ago. This accumulation trend among whales often precedes notable market shifts, drawing attention from traders and analysts alike. The Key Development In the broader context of […]

Bitmine’s $14.61M ETH Purchase Signals Growing Institutional Interest

Tom Lee’s Bitmine has made headlines with its recent acquisition of 7,500 ETH from BitGo, amounting to $14.61 million. This significant purchase was highlighted by crypto commentator @lookonchain and indicates a potential uptick in institutional interest in Ethereum. As the market navigates mixed signals, this acquisition could play a pivotal role in shaping sentiment moving […]

Major Firms Including BlackRock Back the Clarity Act

BlackRock is now supporting the Clarity Act, joining forces with leading asset managers like Fidelity, Goldman Sachs, and Charles Schwab. This move, pointed out by commentator @NateGeraci, underscores a significant shift in institutional confidence toward crypto assets. The Clarity Act aims to provide clearer regulations for digital assets, which could enhance market participation and legitimacy. […]