📉 Terraform Labs, the crypto firm behind TerraUSD and LUNA, has filed for Chapter 11 bankruptcy in Delaware. The move follows the collapse of its stablecoin, resulting in substantial losses for investors. Legal battles and strategic measures unfold. https://blog.bytrade.io/2024/01/22/terraform-labs-files-for-bankruptcy-in-delaware/
JPMorgan CEO Dimon skeptical about Bitcoin due to illicit concerns, yet the bank eyes involvement in Grayscale's Bitcoin ETF. Conflicting narratives within JPMorgan emerge.
🚀 Dive into the Future of Crypto! 📈 Discover the top trends shaping 2024 – from Bitcoin halving and U.S. spot BTC ETF approvals to Ordinals, Circles IPO, Tokenization, and the rise of SocialFi. 🔮 Stay ahead of the game!
🚀 Breaking News: Bloomberg Reports Imminent Approval for Spot Bitcoin ETFs! 🌐 SEC sets a deadline for potential issuers, paving the way for trading to commence by Jan 11. 📆 Will this mark a new era for crypto investments?
Bitcoin Lightning Network's transaction capacity surges, nearing all-time highs! With over $210 million in transfers, the Layer 2 solution showcases steady growth and resilience, reinforcing its role in faster and cost-effective BTC transactions. Despite debates on accessibility and risks, the uptrend signals the growing legitimacy of Layer 2 scaling solutions, potentially setting the stage for a new peak in the year ahead. ⚡️📈 https://blog.bytrade.io/2024/01/02/bitcoin-lightning-networks-transfer-capacity-keeps-increasing/
Legal turbulence in the crypto world! A British Virgin Islands court freezes $1 billion in assets linked to Three Arrows Capital founders amid regulatory challenges. 🚨💰 What led to the downfall, global bans, and ongoing legal battles?
#XRP faces resistance near the 100-day EMA, signaling potential for a bullish reversal. Despite breaking thresholds, a lack of aggressive sell-off hints at buyer interest.
Bitcoin slips below $41,000, down 1.6%, while Ether sees a 2% dip above $2,100. Coinglass reports $103.5 million in liquidations in the past 12 hours, with $95 million from long positions. Despite challenges, the market remains resilient. End-of-year predictions are optimistic. Gas fees surge on Ethereum and layer-1 chains due to a meme coin influx, impacting tokens like AVAX and SOL. Read more https://blog.bytrade.io/2023/12/18/bitcoin-falls-below-41000-to-start-the-week-in-red/