Crypto Market Sell-off as Profit Taking Kicks in, Bitcoin Falls Below $41,000

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The cryptocurrency market experienced a sharp decline on 11/12 as some speculators took profit after a strong rally. Bitcoin, in particular, quickly dropped below the $41,000 mark.

Crypto Market Update: Short-term Bitcoin Investors Losing Almost 98%

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The recent decline of Bitcoin has led to significant losses for most short-term speculators. The downward trend of Bitcoin in recent months has become a test of investors' determination.

Over $1 billion USD flees Binance as founder CZ admits to money laundering

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User withdrawals on Binance have exceeded 1 billion USD in the past 24 hours, excluding Bitcoin-related transactions, according to data from blockchain research firm Nansen.

The Ministry of Finance contacts Binance exchange for consultation on cryptocurrency matters

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The Ministry of Finance has proposed the establishment of an interdepartmental task force to review, research, and develop a legal framework for virtual assets and cryptocurrencies.

Bitcoin Outperforms Stocks and Gold, Emerges as Top Performing Asset of 2023

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After a dismal 2022 with over 1.5 trillion USD evaporating, the cryptocurrency market has come back incredibly strong this year.

Ferrari Luxury Car Manufacturer Now Accepts Cryptocurrency Payment in the United States

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Ferrari, the luxury car manufacturer, has made the decision to accept cryptocurrency payments in order to meet market expectations and cater to their clientele who have invested heavily in digital currency.

Cryptocurrency Market Update: Continued Growth Despite Binance Shock

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Despite facing a turbulent week with heavy penalties and the loss of influential leaders, the cryptocurrency market is bouncing back. The world's largest cryptocurrency exchange experienced significant challenges, but the digital currency market is regaining momentum.

The Fear of Missing Out (FOMO) emerges in the cryptocurrency market as Bitcoin reaches...

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Bitcoin surpassed $45,000 for the first time in nearly 2 years as expectations for a Bitcoin futures ETF grow stronger.

Bored of losing money in stock market, Chinese turn to cryptocurrency gambling

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Recognizing the gloomy state of the Chinese economy and stock market, Dylan Run, a financial company director in Shanghai, shifted to cryptocurrency trading in early 2023.

Justice Department Sues Two Cryptocurrency Companies for Billions in Fraud

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According to the New York State Attorney General, Gemini Trust Company concealed risk when investing with Genesis, and Genesis lied to the public about its losses, causing investors to lose over $1 billion.

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