$190 Million In Crypto Longs Caught Off Guard As Bitcoin Retraces Under $66,000
Data shows a large amount of crypto long contracts have been liquidated as the Bitcoin price has plunged below the $66,000 level. Crypto Market Has Faced $267 Million In Liquidations Over The Past Day According to data from CoinGlass, a mass amount of liquidations have just occurred in the crypto market. A “liquidation” is a […]
Related News
The market just endured a brutal leverage flush. In a move that caught late longs off guard, Bitcoin didn’t just dip, it sliced through the psychological support of $80K, triggering a cascade of liquidations totaling $2.2B across major exchanges. That’s weeks of accumulation wiped out in roughly 48 hours. But let’s be real: this looks […]
Altcoins have been thrust into a whirlwind of uncertainty as Bitcoin’s price tries to cling on to its $27k handle. The sudden reversal of the alpha crypto’s fortunes, retreating more than 5% in the last 24 hours, has caught many overzealous traders off guard. As a result, a flurry of liquidations totaling nearly $73 million […]
The Spanish Civil Guard has broken up a group that used cryptocurrencies as a tool to launder money. The organization, that operated in Madrid, supposedly lent these services to other criminal organizations. The MAUNA operations, as they were called by the Spanish Civil Guard, discovered phantom companies in several countries like Spain, Belgium, Sweden, Germany, and Lithuania that supported these actions.
Spanish Civil Guard Shuts Down Crypto Money Laundering Activity in Operation MAUNA
The Spanish Civil guard announced on February 15 the detention of several people linked to an....
It’s true. Bitcoin can offer some degree of anonymity. The tell has always been in the “on” and “off” ramps connected to the ledger. These knuckleheads, as many before them, sought to utilize a system they did not understand for nefarious means. And as many before them, they were caught. Only this time, they worked for the National Guard. Recently, five members of the District of Columbia Army National Guard were arrested for a bitcoin to credit card theft scheme. In the plot, Spcs. James Stewart and Derrick Shelton and former Sgt. Quentin Stewart allegedly used bitcoin to purchase credit....
After receiving a $1.1B donation last month, the Luna Foundation Guard has received another 10M LUNA tokens from Terraform Labs. Terra (LUNA) blockchain developer Terraform Labs (TFL) has gifted the Luna Foundation Guard 10 million LUNA worth around $820 million at current prices. The Luna Foundation Guard (LFG) is a nonprofit organization attached to Terra that is tasked with collateralizing the network’s algorithmic stablecoin Terra USD (UST) to keep it pegged with the U.S. dollar. Terraform Labs’ latest announcement came via Twitter on April 14, but did not outline what the funds will....