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Tether Frozen $544M in USDT in Turkey Hammers Illegal Betting Networks

Key Takeaways: Tether has frozen more than 544 million USDT of its currency to assist Turkish prosecutors to pursue a giant online betting syndicate. The raid struck the whole collection The post Tether Frozen $544M in USDT in Turkey Hammers Illegal Betting Networks appeared first on CryptoNinjas.

China Tightens Crypto Crackdown: PBoC Targets RWA Tokens, Stablecoins, Mining & Trading

Key Takeaways: The immediately remarkable point is that the new announcement from the central bank and competent authorities informs the continuous restriction on crypto trading, mining operations and token issuance The post China Tightens Crypto Crackdown: PBoC Targets RWA Tokens, Stablecoins, Mining & Trading appeared first on CryptoNinjas.

Binance Launches ZAMA Spot Campaign With 45M Tokens

Key Takeaways: Binance has also initiated a new campaign of 45M ZAMA token vouchers attached to its spot listing. Missions of snagging rewards include spot trading missions and a volume-based The post Binance Launches ZAMA Spot Campaign With 45M Tokens appeared first on CryptoNinjas.

Bithumb Accidentally Sends Large Amounts of Bitcoin to Users, Triggers Price Crash Amid Market Selloff

Bitcoin Magazine Bithumb Accidentally Sends Large Amounts of Bitcoin to Users, Triggers Price Crash Amid Market Selloff Bithumb reportedly made a mistake that led to the accidental deposit of large amounts of Bitcoin to various users.

Strategy’s 713,502 BTC Stash Shocks Markets Despite $12.4B Loss

Key Takeaways: Strategy is currently holding 713,502 BTC in its wallet and more than $54 billion (book value), meanwhile it is still increasing this Bitcoin amount. The company also reports The post Strategy’s 713,502 BTC Stash Shocks Markets Despite $12.4B Loss appeared first on CryptoNinjas.

BitMEX Unveils Hyperliquid Copy Trading, $100K USDT Rewards and $5,050 Credits for Users

Key Takeaways: BitMEX introduced Hyperliquid Copy Trading, allowing users to copy or invert orders of leading traders, along with risk management tools. New entrants can receive up to $5,050 transaction The post BitMEX Unveils Hyperliquid Copy Trading, $100K USDT Rewards and $5,050 Credits for Users appeared first on CryptoNinjas.

Record breaking stats from bitcoin’s Thursday capitulation signal a bottom is near

Extreme capitulation metrics are now matching levels seen only at major cycle lows.