News
Four whales realized a cumulative $47.5 million profit on Hyperliquid, spurring price manipulation allegations related to XPL’s 200% rally.
416
Cryptocurrency Exchange News
Cryptocurrency exchanges are an integral part of how people and institutions access Bitcoin (BTC) and other digital assets, yet these services didn’t arrive until over a year after Bitcoin’s launch.
In the early days, the predominant means of acquiring Bitcoin was by either mining or direct, peer-to-peer exchange. When the first crypto exchange, BitcoinMarket.com, launched in spring 2010, people could finally access the burgeoning cryptocurrency industry without technically demanding mining, risky P2P deals or the critical responsibility of key management.
Cryptocurrency exchanges can be incredibly lucrative, daunting, risky enterprises, as they navigate a rapidly maturing industry, shifting regulatory frameworks and adversaries looking for any vulnerability.
Nevertheless, exchange platforms will continue to be critical to the industry, as they provide the primary bridges between the world of fiat and the world of crypto.
- Analysis
Private OTC token deals give funds discounted allocations and predictable profits, while retail investors face hidden sell pressure and little transparency.
305 - News
The “White Whale” increased his social media pressure campaign to $2.5 million after claiming that MEXC requested an in-person KYC verification in Malaysia.
1379 - News
Iran crypto flows have dropped 11% this year to July amid conflict with Israel, a $90 million hack on local crypto exchange Nobitex and Tether freezing 42 wallets.
2468 - Market Analysis
Ether rallied nearly 5% on Monday, but a true short-term trend reversal hinges on $4,700 flipping back to support.
2351 - News
Massive stablecoin deposits highlight shifting capital flows on Binance, even as Bitcoin whipsawed below $110,000 amid whale-driven selling and heavy liquidations.
5852 - News
The millionaire leverage trader was liquidated on his latest DOGE position, as he predicted an end to the current market downturn.
4212 - News
Vienna-based Bitpanda is eyeing Frankfurt or New York for a future listing, with its co-founder warning that London’s IPO market is too illiquid to attract investors.
3513 - News
Gemini has overtaken Coinbase on the US Apple App Store’s finance category, even though Coinbase reports much higher trading volumes.
12092 - News
A crypto trader claiming to have $3.1 million unfairly frozen on MEXC claims they were offered to fly to Malaysia in person to address the situation, which they have declined.
10009 - Price Analysis
Bitcoin opened the week with a sell-off to $110,530, but BTC and altcoin charts suggest a quick recovery to the trading range averages could occur.
10203 - News
The whale locked in $33 million worth of profit from Ether long opened last week, after selling $2.6 billion worth of Bitcoin held for over seven years.
7886 - News
The trader claimed to have outperformed MEXC’s external market makers and been sidelined for being “too profitable.”
21371 - News
Thai police have arrested a South Korean man accused of helping a call center gang launder over $50 million in crypto into gold.
5470 - Market Analysis
Bitcoin chased its range highs after the Federal Reserve hinted at a policy pivot during the closing speech of the Jackson Hole Symposium.
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