Another Case in China’s USDT Crackdown! Chengdu Uncovers a Massive Underground Money Exchange Operation Worth 13.8 Billion Yuan, 193 Suspects Arrested
More news about 138 usdt
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More news about 138 usdt
Another Case in China’s USDT Crackdown! Chengdu Uncovers a Massive Underground Money Exchange Operation Worth 13.8 Billion Yuan, 193 Suspects Arrested
Chengdu police have cracked a major underground money exchange operation using USDT as a medium, involving an amount up to 13.8 billion yuan.
AlexBitcoin Liquidations Surge to $138 Million Amid Market Volatility
Bitcoin experiences substantial liquidations exceeding $138 million amidst increased market volatility. Long positions bear the brunt, with losses surpassing $120 million. The SEC-approved spot bitcoin ETFs contribute to a 7% decline in Bitcoin's value over 12 days. Analysts predict further declines below $40,000. BitMEX co-founder Arthur Hayes employs BTC puts at a $35,000 strike price for hedging. Annualized bitcoin volatility rises from 46% to over 52%. Almost $30 million worth of leveraged bitcoin positions liquidated, predominantly longs. Unrealized profits among bitcoin holders decrease from over 90% to just above 83%, reflecting growing sell pressure. In conclusion, Bitcoin faces challenges amid regulatory changes and cautious investor sentiment.
SanyaMarket Rollercoaster: Crypto Sees $138 Million in Liquidations as Volatility Takes Center Stage
Cryptocurrency market turmoil triggers $138 million liquidations, with over $120 million from long positions. Bitcoin, post-SEC ETF approval, drops over 7% to below $41,000. Increased volatility and bearish outlook persist.
Xu LinTether Announced USDT Launch on Kava Blockchain
USDT is also present on Ethereum, Solana, Algorand, EOS, Liquid Network, Omni, Tron, and Kava
BeincryptoTelegram Users Can Now Transfer USDT Through Chats
CoinliveMultiple Exchanges Delist USDC and USDT on Solana
Exchanges like Binance, BitMEX, and OKX are limiting deposits and withdrawals for Solana’s top stablecoins, without explanation.
Crypto PotatoBitcoin (Magic Internet Money!) Again Proves Less Volatile Than Stocks
The Federal Reserve stirred up markets last week, but bitcoin was less reactive than plain old stocks.
OthersTraderWagon Releases Product Roadmap as Monthly Growth Hits 138%
Upcoming Features to Meet Demand in Cryptocurrency Copy Trading for Advanced and Novice Traders Seychelles, 16 May 2022 – TraderWagon, ...
BitcoinistTerra ‘rescue plan’ still at large as LUNA falls below $5, Bitcoin spikes to '$138K' in UST
All bets are off as volatility takes complete hold of Terra's tokens and a return to a U.S. dollar peg seems nowhere in sight.
Cointelegraph