These Crypto Asset Classes Could Be Future Market Drivers: Santiment Analytics firm Santiment suggests that Artificial Intelligence (AI) and Real-World Assets (RWA) show potential to be future drivers for the crypto market. The firm has reported a surge in interest in these topics based on social media discussions. The high social volume for AI and … Read more
FTX And Celsius Are Sending MATIC, ETH, And WBTC To Binance The crypto market is facing a potential selloff, with Grayscale and other major players making moves that indicate a downturn. Celsius and FTX, both in bankruptcy liquidation, transferred large amounts of tokens to Binance, suggesting a possible dumping on the market. Grayscale, in response … Read more
SEC Mishap Triggers $220 Million In Crypto Liquidations A fake tweet from the SEC’s hacked Twitter account claiming approval of Spot Bitcoin ETFs triggered a surge in prices followed by a crash, leading to $220 million in liquidations and losses for 70,000 traders. Long traders suffered the most, with $133.5 million in liquidations compared to … Read more
Top 5 Events That Shook Up The Crypto Industry In 2023 In 2023, the crypto industry experienced significant events, including Blackrock’s application for a Spot Bitcoin ETF, founder Sam Bankman-Fried’s fraud conviction, CZ’s resignation from Binance, the XRP ruling in the SEC case, and Grayscale and Coinbase’s legal battles with the SEC. These events had … Read more
