
Chinese Police Crack Down on $1.9B Smuggling Ring Involving USDT
The police highlighted two prominent cases, one of which involved a smuggling network that masqueraded as a bank in the Sichuan region.
The police highlighted two prominent cases, one of which involved a smuggling network that masqueraded as a bank in the Sichuan region.
Although the appointment will not take effect until July 8, it remains to be seen whether Ramji will be able to change Vanguard’s stance on digital assets during his tenure.
With spot Bitcoin ETF purchases slowing down considerably, and even dipping into negative territory on some days, macroeconomic catalysts have gained increased significance recently.
The GameStop rally triggered a massive surge in the meme coin market with DOGE and SHIB gaining 10%, and other meme coins jumping by 34%.
The United States recorded the highest crypto investment inflows, totaling $135 million.
Bitcoin’s daily trading volumes surge by 76% in the last 24 hours just a day before the US reports PPI and CPI inflation numbers. Any positive development could lead to a breakout above $64,000.
Amidst the recent market downturn, which resulted in over $130 million being liquidated, the crypto market’s current market capitalization is approximately $2.26 trillion.
The open interest (OI) for Bitcoin call options is twice the open interest for the put options, indicating an overall bullish sentiment.
Earlier this week, GBTC recorded daily net inflow after a very long time of constantly seeing outflows.
Despite Grayscale GBTC holding the largest BTC reserves, the BlackRock Bitcoin ETF IBIT remains the top choice of institutions.
This newly developed exchange will allow customers to trade directly from it rather than using the Revolut app, thereby enjoying lower fees.
The recent Bitcoin price rise above $65K has carried with it the altcoin market led by Solana, Toncoin, and Avalanche, among others.
The Federal Reserve’s decision had immediate repercussions in the financial markets, including the crypto sector.
The total April net outflows of $343.5 million has successfully broken the three months of consecutive inflow streak for the spot Bitcoin ETFs.
Despite Zhao plea and the severity of the charges, Binance continues to thrive in the booming cryptocurrency market, with over 40 million new users in 2023, up 30% from the previous year.