More than 400,000 traders were liquidated over the past 24 hours as Bitcoin plunged back below $100,000. Crypto market liquidations over the last 24 hours have reached over $1 billion as Bitcoin briefly fell back below $100,000 after reaching near its all-time high. CoinGlass shows that in the past day, $1.18 billion has been liquidated from nearly…
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The Donald and Melania Trump-backed memecoins that launched over the weekend have amassed a combined value of over $15 billion. Donald Trump and his team have been accused of running a “pump and dump scheme” after back-to-back memecoin launches added billions of dollars to the net worths of the incoming US president and first lady.…
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World Liberty Financial completed its initial sale of tokens at 1.5 cents each and has now released more, hiking the price to 5 cents. The Donald Trump-backed decentralized finance platform World Liberty Financial has completed the initial sale of its token and is selling more of it at a 230% markup due to “massive demand.”…
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FTX’s $1.2 billion repayment is seen as a significant liquidity event for the industry that may bolster cryptocurrency valuations. Cryptocurrency investor optimism is palpable ahead of US President-elect Donald Trump’s inauguration on Jan. 20, which is expected to bring more regulatory clarity to the industry. Bolstered by the prospect of more industry-friendly regulations, the XRP token rose to its…
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2024 was a challenging year for crypto and blockchain venture capital, as former hot sectors like gaming, metaverse and NFTs failed to spur bigger funding opportunities. Bitcoin’s bull market in 2024 failed to generate a commensurate uptick in venture capital funding, suggesting that institutional investors no longer have a blank-check approach to crypto and blockchain…
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ETH price fell 11% over the past 30 days, but bullish sentiment and other data point toward a rally to $4,000. futures open interest has surged to 9 million ETH as of Jan. 17, its highest level ever. The milestone follows a 10% increase in open interest over two weeks, reflecting a rising appetite for…
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Jailbroken AI can arrange a hit for you Pliny the Prompter last year released a jailbroken version of GPT-4o that bypassed safety guardrails to give advice on cooking meth, hotwiring cars, sourcing material for a nuclear weapon, and making “napalm with household items.” Agent 47 calmly plans a hit on the dark web. (Pliny The Liberator)…
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A Bitcoin price of $150,000 may be “absolutely silly low,” says a crypto trader, citing the expected widespread adoption by countries and corporations that will use it as a store of value. A crypto trader says Bitcoin will likely blow past the $150,000 price target that some have tipped for in the current cycle —…
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The executive order would instruct regulatory agencies to work with the industry and create a crypto council to represent the industry, according to people familiar with the plans. US President-elect Donald Trump is reportedly expected to sign an executive order designating crypto as a national priority that could come as soon as he re-enters office…
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Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Today in crypto, US government attorneys have filed a motion to return approximately 94,643 BTC to crypto exchange Bitfinex. Originally worth $72 million, the funds recovered from…
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