Morning Crypto Report: XRP Bulls Are Safe From Max Pain, Zcash (ZEC) Rockets 9,780% in Liquidation Imbalance as Core Team Exits, Binance Announces Gold and Silver Listings
Thursday starts out on the crypto market with leverage still in the driver's seat as XRP avoids a $14.6 million max pain, Zcash collapses into a 10,000% liquidation imbalance after team exits and Binance rolls out nonstop gold and silver trading. origin »
Plasma’s XPL token has fallen 45% from its peak, and founder Paul Faecks has denied rumors of insider selling, market maker ties, or team exits. The volatility followed XPL’s rapid rise after its late September launch. The token debuted around…
Ethena Labs, the team behind the synthetic stablecoin USDe, announced it has shut down its German subsidiary, Ethena GmbH. Ethena Labs will also no longer pursue regulatory approval under the EU’s Markets in Crypto-Assets Regulation. The decision follows a March…
SEC crypto asset enforcement chief David Hirsch announced his departure from the agency on June 17. Hirsch said he served at the agency for almost nine years before his exit. He said he was “proud of the historic work done by the Crypto Assets and Cyber Unit team [he] had the privilege to lead.
“New year, new me” moniker doesn’t seem to apply to the world of cryptocurrency, as suspicious, scam-like projects are popping up all over the place with unbridled intensity. The latest project that got exposed for its shady dealings and behavior is one called Apollo (APL).
The Italian football club Rimini, which plays in the Italian Serie C division, has sold a portion of the team’s shares in exchange for cryptocurrency. The first-of-its-kind acquisition was made by Heritage Sports Holdings (HSH), a sports investment company based in the United Arab Emirates.