Category: News

Bitcoin Plunge Traps Over 70% of Capital, Market Sentiment Hits New Low

The value of Bitcoin (CRYPTO: BTC) has dropped below $80,000, trapping over 70% of active capital in unrealized losses, a clear indication of significant market stress. What Happened: Bitcoin’s value has seen a sharp decline of nearly 35% from its October peak of $126,000. This has put investors, who entered the market during the late-2024 and...
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How Criminal Millions Sprinted Through Binance, OKX, and Other Top Crypto Exchanges

The International Consortium of Investigative Journalists’ (ICIJ) Coin Laundry investigation found illicit funds were funneled through major cryptocurrency exchanges, including Binance, OKX, Coinbase, Kraken, Bybit, and Kucoin, as part of a global shadow economy benefiting from criminal proceeds. The 10-month cross-border project, which was conducted with 37 media partners...
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Satoshi Nakamoto’s Wealth Takes a 34% Hit as Bitcoin Plummets

Satoshi Nakamoto, the elusive creator of Bitcoin (CRYPTO: BTC), has witnessed a 34% drop in his net worth, which now stands at $90.7 billion. What Happened: Nakamoto’s estimated fortune has plummeted from its October peak of $137 billion. This substantial decline is a result of the ongoing downturn in...
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Crypto Funds Experience Record Outflows: Is A Bear Market Starting?

The total crypto market cap declined by over 10% in the past week as widespread price correction continues among various digital asset classes. In particular, crypto investment funds, i.e, ETFs, have been significantly impacted by this extended price downswing, with institutional investors pulling out deposits in droves.  According to...
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