Bitcoin hit $74,000 in March, but now is trading just above $60,000—as crypto liquidations in the past 24 hours hit $300 million.
Crypto laundering has been an issue for the industry for a long time now. However, resurfacing as an issue creator, by using sophisticated techniques like coin mixers and peer-to-peer exchanges, the North Korean hacking collective Lazarus Group has been able to launder almost $200 million in bitcoin that has been stolen. Crypto Laundering Resurfaces After The post North Korean Group Lazarus Strikes Again With $200 Mln Crypto Laundering Case appeared first on CoinGape .
Bitcoin price is down 18.6% from its record high, and many analysts expect BTC to drop lower.
Unexpected developments are common in the cryptocurrency space, and the crypto community is curious about whether Pepe Coin (PEPE) will exceed Shiba Inu (SHIB) in 2024. PEPE has shown a growth of over 1000% this year, leading to predictions that it may overtake Dogecoin and Shiba Inu as the top meme coin in terms of The post Will PEPE Overtake SHIBA INU in 2024? appeared first on CoinGape .
Crypto prices continue to crash to end the month of April, with Bitcoin falling to $60,800 at press time.
Crypto markets have shed nearly $200 billion off their market cap in the last 24 hours as some of the industry’s biggest players appear keen to unload their coins. According to crypto “de-anonymizing” platform Arkham, digital assets manager Grayscale has sent nearly a quarter of a billion dollars worth of Bitcoin (BTC) to Coinbase, potentially The post Crypto Markets Break Down As Grayscale Sends Over $245,000,000 Worth of Bitcoin to Coinbase appeared first on The Daily Hodl .
VALR, the largest cryptocurrency exchange in South Africa has bagged a license in Poland as the company set sights on a wider global expansion. The recent company’s effort after it received a license from financial regulators in South Africa and now plots to take on top crypto exchanges according to Reuters. The expansion plan of The post VALR Bags Regulatory Nod In Poland In Major Global Expansion Push appeared first on CoinGape .
Speculation intensifies over the future of Binance founder Changpeng Zhao, known as CZ, amid reports of his sole ownership of Binance France. The revelation has triggered discussions regarding the potential ramifications, especially as European regulators scrutinize Binance’s legal standing. Notably, with ongoing legal battles and impending regulatory decisions, the fate of Binance and CZ remains The post Changpeng Zhao’s Binance France Ownership Raises Regulatory Concerns appeared first on CoinGape .
April witnessed a significant shift in Bitcoin’s market dynamics as it faced substantial outflows totaling $182 million from 11 US spot ETFs. This marked a stark departure from the previous month, where the cryptocurrency enjoyed a robust inflow of $4.6 billion in March. The excitement surrounding US exchange-traded funds for Bitcoin has noticeably waned, contributing The post Bitcoin Faces $182M Outflows Amid Cooling ETF Demand: Bloomberg appeared first on CoinGape .
The sentencing hearing of Binance co-founder and former CEO Changpeng ‘CZ’ Zhao is underway with reports suggesting a potentially lower jail term than the 36 months proposed by the United States Department of Justice (DOJ) Changpeng ‘CZ’ Zhao May Get Lenient Sentence According to the live account from the Court, Judge Richard Jones said he The post Breaking: Changpeng ‘CZ’ Zhao Might Get 10 -16 Months Jail Time appeared first on CoinGape .