Bitcoin briefly soars beyond $25k; $232M in shorts liquidated
Bitcoin briefly soars beyond $25k; $232M in shorts liquidatedBitcoin's (BTC) price soared beyond $25,000 for the first time since June 2022 — peaking at $25,104, according to CryptoSlate's data.
Happy ThursdayThe global crypto market cap is $1.12 trillion with a 24-hour volume of $85.11 billion. The price of Bitcoin is $24,901.55 and BTC market dominance is 42.8%. The price of Ethereum is $1,715.97 and ETH market dominance is 18.7%. The best performing cryptoasset sector is Play-to-Earn, which gained 11%.
Latest NewsBitcoin briefly soars beyond $25k; $232M in shorts liquidated
Bitcoin's (BTC) price soared beyond $25,000 for the first time since June 2022 — peaking at $25,104, according to CryptoSlate's data. Nigeria’s CBDC program called ‘a very dark experiment’The Nigerian central bank had doubled down on cash restrictions, triggering chaos in the country. Almost 25% of tokens launched in 2022 resemble P&D schemesChainalysis report revealed 24% of tokens launched in 2022 experienced a significant price decline within the first week of launch. On-chain DAO platform Tally proposes new governance structure for MakerDAOThe proposal includes the OpenZeppelin Governor favored by numerous large DAOs in the Ethereum ecosystem. Crypto community sees advantage in owning NFTs; 52% want to buy via credit cardsOf the respondents in a recent report, 92% see advantage in owning an NFT, while 52% say they want to buy NFTs using credit cards. Norwegian Police seize $5.9M from Axie Infinity hackersØkokrim said it will communicate with Axie Infinity's parent company Sky Mavis to return the recovered funds. CryptoSlate Daily wMarket Update: Bitcoin rallies to 6-month high with explosive 10% gainThe wMarket Update condenses the most important price movements in the crypto markets over the reporting period, published 07:45 ET on weekdays. Hong Kong scores first HK$800M issuance of tokenized green bondsPaul Chain said the successful issuance of the green bonds marks the government's commitment to promoting innovation in the financial market. Hong Kong legalizes crypto trading sparking outcry from Brian ArmstrongBrian Armstrong called on Congress to act fast on crypto regulation — or risk losing ground to rival jurisdictions, including Hong Kong. Conflux surges 134% following partnership to develop blockchain SIM cardsAlongside its surge in price, Conflux's foundation has burnt close to 500 Million CFX tokens in a bid to make it less inflationary.
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