πŸ”₯Crypto News - Crypto World
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Welcome! Here you will find the latest news about the crypto industryπŸ’°

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Nearly half of hedge funds (47%) focused on traditional asset classes - invest in crypto

Says a new study. Thanks to its volatility, crypto offers additional lucrative trading opportunities for funds willing to take risks.

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The SEC has sued Cumberland

This is one of the largest market makers in crypto.

The gist of the accusation: Cumberland operates as an unregistered securities dealer.

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Ripple Labs has filed a countersuit against the SEC

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China's central bank announced additional measures to stimulate the economy

Thus, $71bn of liquidity will be injected into the financial markets.

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BTC managed to test $59,000

It has recovered over $60,000 after yesterday's drawdown.

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Someone's day started with a $36m loss, how are yours doing? 😭

Lookonchain lost about 15,079 fwDETH (about $36 million at the time) due to signing a phishing transaction.

Lookonchain believes the wallet belongs to investment firm Continue Capital.

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TD Bank fined $3 billion for laundering drug cartel money

From January 2018 to April 2024, more than 90% of the bank's transactions went unmonitored, allowing a huge amount of money to be laundered.

For over 6 years, black money was laundered through a regulated company.

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Peter Brandt is confident that the BTC exchange rate may collapse by 75%

It's been 30 weeks since BTC reached ATH.
Whenever a decisive new ATH was not made during this time period, a 75%+ decline occurred


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Michael Saylor stated that MicroStrategy's ultimate goal is to become the leading $1 trillion Bitcoin bank

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Small crypto investors have sold 24,100 BTC ($1.5bn) to themselves in a day

Meanwhile, whales with balances >1000 BTC have accumulated 1,500,000 BTC ($91bn) in the past 6 months.

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Attackers are using AI to circumvent strict KYC measures on cryptocurrency exchanges

This was noted in a report by security experts at Cato Networks.

A tool called ProKYC demonstrates a "new level of sophistication" in cryptocurrency fraud.

It allows you to create new documents and generate videos to pass verification.

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A trader bought a Magnet meme on the SOL network for $428 and sold the tokens 12 hours later for 1,241 SOL ($180k)

A dude with a balance of 19 million SPX ($15.7 million) started locking in profits by selling 4.15 million SPX for $1.71 million.

Earlier he bought $48.4k worth of SPX meme - current yield 289x πŸ”₯

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Microstrategy is one of the most traded stocks on the US market πŸ”Ό

The company is ahead of Apple, Microsoft and Amazon in terms of trading volume.

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Bitcoin started the week with a growth to $64,000 πŸ“ˆ

It provoked daily liquidations of more than $160 million - mostly short positions.

"Fear and Greed Index" at the same time is in the neutral zone.

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🚩 The public sale of WLFI tokens of the World Liberty Financial cryptocurrency project will start on 15 October

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Vitalik Buterin published an article from the series "Possible future of Ethereum protocol"

- Buterin allowed the integration of single-slot block finalisation (at the current 2-3 epochs or ~15 min).

- Vitalik plans to lower the minimum coin threshold required for validation to 1 ETH - to grow the total number of validators and support solo-staking.

- The Ethereum co-founder also admitted to minimising the overhead of node operation.


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Investment cryptocurrencies raised $407 million as of last week's results

This was stated by CoinShares.

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According to the historical trend, bitcoin will continue to grow in 2025.

Bitwise data.

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Tether is considering the possibility of providing loans to companies

About it writes Bloomberg.

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Bitcoin ETFs attracted $556,000,000 at the end of yesterday's session

This is the highest since June this year.

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