Several of the largest creditors of troubled Singaporean crypto exchange Holdnaut have indicated that the want the company to be placed in liquidation as opposed to a restructuring, according to an announcement.
After a prolonged period of muted volatility, the bitcoin price had a violent swing to the downside, clearing more open interest than the FTX collapse.
Hodlnaut creditors have disagreed with the restructuring plan of the firm, instead, they want to liquidate the business.
Bitcoin fell more than 7% on Thursday to approach the $20,000 level and near a 7-week low.
ARK Invest filed for a spot Bitcoin ETF in collaboration with 21Shares long before BlackRock did, and its application is reportedly first in line for the SEC’s approval.
Interestingly, the price surge was on the back of increased activity from whales, as indicated by on-chain data. The increased activity led to an increased"/>
Recent market dynamics have seen Solana struggling to break above the $200 mark. A notable bearish factor among these market fundamentals is the recent"/>
DOGE, the internet's favorite memecoin, is back in the spotlight. Recent data reveals a surge in futures market activity, coupled with bullish technical"/>
The recent stratospheric rise of Bitcoin, reaching a new all-time high of $73,000, has sent ripples of excitement and trepidation through the crypto world."/>
Co-founder of Tornado Cash Roman Storm has filed a motion to dismiss the charges levied against him by the US Department of Justice (DOJ)."/>
On Thursday, March 28, a hack occurred on Prisma Finance, a decentralized lending protocol on the Ethereum network. The exploiter carted away about 3,257.7"/>
Once fully licensed in Dubai, Bybit plans to run a full-scope exchange, offering crypto lending, payments, investment and other services.
Mon,01 Apr 2024