BTC and ETH saw over $50M in short liquidations as prices surged. $BTC jumped above $66k and $ETH rose past $3,500. Total market liquidations hit $155M. Analysts predict Bitcoin may reach $100k if it stabilizes above $65k. #Update #Crypto
Bitcoin ($BTC) and Ethereum ($ETH) saw $50M+ in short liquidations as prices hit multi-week highs. Total liquidations reached $155M in 24 hours. Analysts suggest if $BTC stabilizes above $65k, new highs could be targeted. #Crypto #Update
Bitcoin ($BTC) and Ethereum ($ETH) surged to multi-week highs, triggering $50M in short position liquidations within 24 hours. Total market liquidations hit $155M, with $94M in shorts. Analysts see potential for further gains. #CryptoNews #Update
Owlto Finance secures new funding from @realMatrixport, boosting its valuation to $150M. The 2023 Ethereum layer-2 roll-up supports 45+ networks in Bitcoin, Ethereum, & Solana ecosystems. New AI protocol to optimize cross-chain transactions. #Blockchain #Update
U.S. attorneys seize $2.5M in cryptocurrency from an international “pig butchering” scam. Originating in Thailand, the scam targeted American victims through fake romance and crypto schemes. FBI and Thai Royal Police collaborate to hold criminals accountable. #CryptoScam
Hong Kong to introduce stablecoin regulations by 2025 after receiving 100+ submissions. The framework will require issuers to obtain licenses, fostering a sustainable stablecoin ecosystem. This step coincides with China’s digital yuan pilot. #CryptoRegulation #Update
#Aptos ($APT) price rises for 6 days amid altcoin resurgence. User addresses leap from 74K to 186K. Record 117M daily transactions in May. DeFi TVL hits 53.4M APT, stablecoin volume at $120M. High 7% staking yield, but token dilution risk looms. #Update
BlackRock and tradfi giants drive blockchain innovation with asset tokenization. BlackRock’s $BUIDL on Ethereum surpasses $500M, marking a key milestone. Tokenization could hit $5 trillion by 2028, boosting liquidity and investment access. #Update #Blockchain
Zodia Markets, backed by @StanChart, acquires Elwood Technologies’ OTC branch, leveraging advanced EMS & PMS platforms. This strategic move enhances Zodia’s market capabilities with Elwood’s virtual asset services licenses in Jersey. #Crypto #Update
? A new crypto scam involves fake “professors” offering investments via social media ads. Victims are led to bogus websites & groups on WhatsApp/Telegram, losing up to $300K. Beware of these tactics! @DFIWashington warns. #CryptoScam #Update
Solama, a llama-themed meme coin on the Solana network, rebounded 17% after falling to $0.01388 on July 12, now at $0.01636. Market cap surpasses $10M, reaching $10.6M. #Update #CryptoMarket #Solana $SOLA
Japan’s @Soramitsu_Labs will pilot a central bank digital currency (CBDC) in Papua New Guinea, aiming to boost financial inclusion and security. Previously, their CBDC in Cambodia achieved 10M+ accounts, covering 60% of the population. #Update #Blockchain
Bitcoin surged past $66K with a record $422.5M inflow into U.S. spot Bitcoin ETFs. Notable ETFs, including @VanEck and @InvescoUS, saw major inflows. BlackRock’s Bitcoin assets now exceed $20B. #Crypto #Bitcoin #Update
Former BitMEX CEO Arthur Hayes launches a new grant program to boost Bitcoin’s resilience and privacy. Developers can apply for grants of $50K-$150K until Aug 25. Payments in $BTC, $USDC, or $USDT. #Bitcoin #Update
