Bitcoin breaks below $30,000 in flash crash event – Altcoins bleed
Bitcoin breaks below $30,000 in flash crash event – Altcoins bleedBitcoin price dropped as low as $29,010 on April 19 — as derivative open interest also tanked in a price flash crash.
Happy Wednesday!The global crypto market cap is $1.23 trillion with a 24-hour volume of $57.39 billion. The price of Bitcoin is $29,313.39 and BTC market dominance is 46.2%. The price of Ethereum is $1,982.47 and ETH market dominance is 19.3%.
Latest NewsBitcoin breaks below $30,000 in flash crash event – Altcoins bleed
Bitcoin price dropped as low as $29,010 on April 19 — as derivative open interest also tanked in a price flash crash. Helium’s native blockchain halted as project shifts to SolanaThe primary goal behind Helium's migration to Solana is to improve the network's stability, scalability and lower transaction costs. CoinFLEX co-founder accuses Roger Ver of betrayal in near bankruptcy sagaMark Lamb gives his account of the circumstances of CoinFLEX's close call with bankruptcy. Hong Kong court recognizes crypto as property in Gatecoin caseThe decision aligns with rulings in China and the UK, showing progress towards regulatory recognition of crypto in Hong Kong. US judge rejects Do Kwon’s request to block SEC from accessing documentsThe SEC recently requested the Monetary Authority of Singapore to provide documents related to Terraform Labs and Luna Foundation Guard. ARB down over 12% – reversing recent price surge as altcoins bleedArbitrum price fell by over 12% in the last 24 hours as Bitcoin broke below the $30,000 mark — dragging other altcoins with it. CryptoSlate wMarket Update: Bitcoin defends $29,000 in shock flash crashThe wMarket Update condenses the most important price movements in the crypto markets over the reporting period, published 07:45 ET on weekdays. Bitcoin whales accumulate over 20k BTC in just two daysBlockchain analytical firm Santiment said Bitcoin price volatility is at its lowest since the second week of January. MetaMask refutes wallet exploit claims – ‘not a MetaMask-specific exploit’According to MetaMask, the ETH funds were stolen from different addresses across 11 different blockchains. MEV bot responsible for 7% of total gas on Ethereum network in 24 hoursThe bot transactions pushed Ethereum's network gas fees higher during the period, according to ultrasound.money data. Coinbase CEO says leaving the US for UK is ‘on the table’Brian Armstrong says Coinbase may leave the U.S. if regulatory clarity doesn't come — opening potential to shift Coinbase to the U.K.
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Wednesday, April 19, 2023
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