Crypto trading nears $2b in India as smaller cities invest amid weak job growth: report
Crypto trading in India is booming, with volumes hitting nearly $2 billion as small-city investors seek financial stability amid sluggish job and wage growth. Crypto trading volumes in India jumped to $1.9 billion in Q4 2024, more than doubling from…...
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Bybit returns 40k ETH post-hack loan from Bitget
Bybit has transferred nearly $100 million worth of ETH back to Bitget. Bitget loaned 40,000 ETH to Bybit immediately after the $1.4 billion hack. According to data from Arkham Intelligence, Bitget has received 40,000 Ethereum (ETH) from a Bybit cold…...
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Sam Bankman-Fried posts on X after 2 years, FTX token jumps briefly
Sam Bankman-Fried, the disgraced founder of FTX, posted on X for the first time in two years, triggering a 30% spike in the price of FTT, the exchange’s native token. In his Feb. 25 X post, Bankman-Fried joked about not…...
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$200 Billion Exits Crypto Space as Markets Plunge to Support
Crypto market capitalization is down 8% on the day, plunging below $3.1 trillion on Feb. 25 following a wipeout of almost $200 billion in 24 hours. This is the lowest markets have been since mid-November, obliterating almost all gains since Donald Trump’s election victory. Total cap is now teetering...
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Bitcoin Hashrate Faces Massive 7.6% Plunge, Foreshadowing For Price?
On-chain data shows the Bitcoin Hashrate has observed a sharp drop recently. Here’s what this could mean for the asset’s price. Bitcoin Mining Hashrate Has Plummeted Since Its Recent High The “Hashrate” refers to a Bitcoin metric that keeps track of the total amount of computing power that the...
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Ohio introduces bill to protect crypto payments and digital asset rights
A bill prohibiting extra taxes on crypto payments and safeguarding digital asset rights has been introduced in the Ohio House of Representatives. Dubbed the Ohio Blockchain Basics Act, the bill outlines protections for activities like self-custody, mining, and staking while…...
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Dogecoin Has ‘One Final Leg Up Left,’ Says Analyst Amid 40% Slump But Investors Should Be Wary Of This Bearish Forecast
A widely followed cryptocurrency analyst expressed optimism on Monday that Dogecoin (CRYPTO: DOGE) would experience one “final leg up,” potentially lifting the dog-themed meme coin closer to all-time highs. What happened: In an X post, Cas Abbé said Dogecoin’s current market conditions resemble those of the first half of...
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US SEC Closes Robinhood Crypto Investigation With No Enforcement Action
The Securities and Exchange Commission (SEC) closed its investigation into Robinhood Crypto (RHC) without pursuing enforcement actions. This move comes amid the Commission’s efforts to move away from its previous “regulation by enforcement” approach under the new industry-friendly administration. SEC Closes Robinhood Crypto Investigation On Monday, Robinhood announced that...
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Japan’s Metaplanet adds 135 Bitcoin, total holdings reach 2,235 BTC
Metaplanet has added 135 Bitcoin to its treasury, strengthening its position as one of Japan’s most active corporate Bitcoin investors. On Feb. 25, the company announced the 1.939 billion yen ($12.8 million) purchase, bringing its total Bitcoin (BTC) holdings to…...
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Binance Open Bitcoin Futures Bets Jump By Over $1B as BTC Chalks Out Bearish Candlestick Pattern: Godbole
Bitcoin (BTC) dipped below $92,000 during the overnight trade, revisiting levels that have proven resilient multiple times since December. However, the latest move comes with a notable uptick in perpetual futures open interest and price action that indicates seller dominance. The number of open futures bets or open interest...
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