Bitcoin, Solana price breakout triggers $180 million in liquidations
Bitcoin, Solana price breakout triggers $180 million in liquidationsMost of the losses during the past day were borne by traders betting against price increase of the crypto market.Happy Thursday!The global crypto market cap is $1.64 trillion, with a 24-hour volume of $69.56 billion. The price of Bitcoin is $43,669.77, and BTC market dominance is 52.0%. The price of Ethereum is $2,227.08, and ETH market dominance is 16.3%. The best-performing sector is dPoS, which gained 9%. The Crypto Fear & Greed Index is currently Greed (70). Top NewsBitcoin, Solana price breakout triggers $180 million in liquidationsMost of the losses during the past day were borne by traders betting against price increase of the crypto market. SEC takes new meetings with BlackRock, Grayscale as high-level Bitcoin ETF talks continueHopes for spot Bitcoin ETF approval are high as the SEC repeatedly engages in talks with Grayscale, BlackRock, and more. Sam Bankman-Fried’s request to postpone sentencing until May 2024 deniedJudge Lewis Kaplan denied Sam Bankman-Fried's plea for sentencing adjournment, pointing out that the current date was set without objection. Latest Insights
More NewsThree Arrows Capital founders hit with $1.14 billion asset freezeLiquidators of the bankrupt hedge fund Teneo claims that the founders have been uncooperative in the bankruptcy process. Industry participants say UK’s Digital Securities Sandbox is a step in the right directionUK Treasury's Digital Securities Sandbox consultation receives industry support, although with calls for further clarity. China sets sights on web3 innovation with national framework for NFTs and dAppsChina targets web3 integration and standards development, indicating a selective embrace of blockchain technology. FTX claim prices soar, but experts caution against unsustainable rallyFTX claims value has rallied despite the recent release of an "underwhelming" reorganization plan. Bitcoin challenges gold’s supremacy as safe haven assetBTC/GOLD ratio hits new highs, mirroring Bitcoin's ascent against traditional safe havens. |
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Galaxy Digital’s Mike Novogratz anticipates a spot Bitcoin ETF approval by January 10
Wednesday, December 20, 2023
Amid heightened anticipations, Jan. 10, 2024 emerges as a pivotal date for the SEC to make a decisions on spot Bitcoin ETFs.
BlackRock alters role of Coinbase among 6 changes to ETF filing to cover regulatory concerns
Tuesday, December 19, 2023
Coinbase transitions to Prime Execution Agent in BlackRock's latest iShares Bitcoin Trust ETF filing.
Bitcoin dips amid surge in Ordinals minting, $166M in crypto liquidations reported
Monday, December 18, 2023
The increased minting of Ordinals-like transaction clogged the Bitcoin network, pushing transaction fees very high.
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BlackRock previews AI co-pilot; attends high-level SEC meeting on spot Bitcoin ETF
Saturday, December 16, 2023
BlackRock made news on two emerging tech fronts this week, unveiling its new AI tool while advancing talks on its spot Bitcoin ETF application.
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