Trades

Telegram Bans $35B Scam Marketplace. Only to See Illicit Crypto Trades Surge Elsewhere

by

In a sweeping crackdown on the so‑called Telegram marketplace ecosystem, the messaging giant has banned Huione Guarantee (also known as Haowang Guarantee) and Xinbi Guarantee, disrupting marketplaces that collectively processed more than $35 billion in USDT‑denominated transactions, according to a new report by TRM Labs. These forums offered escrow and laundering services to cybercriminals and scam … Read more

CoinDesk 20 Performance Update: Aptos (APT) Declines 5.3% as Index Trades Lower

by

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 3950.66, down 0.3% (-13.48) since 4 p.m. ET on Wednesday. Six of 20 assets are trading higher. Leaders: BCH (+1.8%) and ETH (+1.1%).Laggards: APT (-5.3%) and DOT (-3.9%). The … Read more

Ether, XRP Trades Book Bigger Losses Than Bitcoin as Bulls See $680M Liquidations

by

A sharp pullback across crypto markets on Tuesday triggered nearly $735 million in liquidations with bulls bearing the brunt. Ether (ETH) and XRP tracked futures bets booked larger losses than bitcoin in an unusual move, indicative of the higher interest toward altcoin traders in the past week. CoinGlass data shows ETH traders lost $152.78 million, … Read more

Crypto Price Today: Bitcoin Trades at Over $43,000, Future Crypto Rally Relies on ETF Approvals in US

by

The overall crypto market displayed a slight bearish sentiment through the first weekend of the year 2024. Bitcoin forayed into the second week of 2024 trading at the price point of $43,240 (roughly Rs. 43.9 lakh). Over the weekend, the value of the oldest crypto asset dropped by $226 (roughly Rs. 18,780). Currently, the biggest … Read more

Bitcoin Trades at Over $42,800, Altcoins Show Mixed Movement Amid Market Instability

by

Bitcoin on Tuesday, February 6 recorded a miniscule profit of 0.82 percent. The world’s oldest, most expensive cryptocurrency, at present, is trading at the price point of $42,802 (roughly Rs. 35.5 lakh). In the last 24 hours, the value of Bitcoin registered a significant growth of $344 (roughly Rs. 28,565). Overall, Bitcoin exudes a bullish … Read more

Bitcoin Trades Over $65,000 for First Time Since 2021, Volatility Causes Losses for Most Altcoins

by

The last 24 hours, Bitcoin has come closest to it last attained all-time high of around $69,000 (roughly Rs. 57.2 lakh), which it touched in 2021. On Tuesday, despite registering a loss of 1.81 percent, Bitcoin’s price reached a high point of $65,036 (roughly Rs. 53.9 lakh). In the last 24 hours, the value of … Read more

KuCoin Failed to Comply With Money Laundering Rules, Used for $9 Billion in Suspect Crypto Trades, US Says

by

US prosecutors charged KuCoin, one of the world’s largest cryptocurrency exchanges, and two of its founders for failing to comply with American anti-money laundering rules. Since KuCoin’s inception in September 2017, the exchange “willfully failed” to establish and maintain a program to keep the platform from being used for illicit activity, including terrorist financing, federal … Read more

Chainlink (LINK) gains 4.5% as Index Trades Higher

by

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 3701.0, up 2.7% (+97.31) since 4 p.m. ET on Tuesday. Nineteen of 20 assets are trading higher. Leaders: LINK (+4.5%) and HBAR (+4.4%). Laggards: ICP (-0.4%) and SUI (+0.6%). … Read more

WazirX to Reset User Portfolios to Pre-Hack Status: All Trades Post July 18 to Be Nullified

by

WazirX, the Indian crypto exchange that recently faced a significant hack, resulting in the loss of nearly half of its reserves, has requested its users to allow a few more days for balance restoration. In its latest update, the Mumbai-based exchange provided further details on its recovery plan. WazirX will restore user portfolios based on … Read more

Bitcoin Cash (BCH) Drops 3.1% as Index Trades Lower

by

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 3578.43, down 1.3% (-47.45) since 4 p.m. ET on Monday. Two of 20 assets are trading higher. Leaders: SUI (+3.4%) and XLM (+2.2%). Laggards: BCH (-3.1%) and POL (-2.8%). … Read more