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Tens of thousands of crypto traders are having their positions liquidated as markets across numerous sectors close out the week in the red. Data from the cryptocurrency futures trading and information platform Coinglass reveals that on May 5th, more than $407.60 million worth of trader positions in digital assets were wiped out in a 24-hour

US trading giant Robinhood is adding two cryptocurrency-related products to its lineup for retail investors. Investment asset manager Greyscale announced that the firm’s traditional investment vehicles for both Bitcoin (BTC) and Ethereum (ETH) are launching on the Robinhood trading app. There’s two new ways to access crypto on @RobinhoodApp. You can start trading $GBTC and

The United States Treasury Department Office of Foreign Assets Control (OFAC) announced Friday that it was sanctioning cryptocurrency mixer Blender.io for its role in laundering proceeds from the hacking of Axie Infinity’s Ronin bridge. North Korean state-sponsored hackers Lazarus Group have been identified as the perpetrators of the attack.  Treasury Under Secretary for Terrorism and

Widely-followed crypto analyst Justin Bennett says Bitcoin (BTC), Ethereum (ETH), and VeChain (VET) should all expect lower lows before their next legs up. In the latest edition of the trader’s Crypocademy newsletter, Bennett forecasts that BTC will drop to $35,000 before bouncing back up. “Bitcoin is bouncing today from the $37,600 area, which served as support in

A popular crypto trader is giving a gloomy forecast for Bitcoin (BTC) and Ethereum (ETH) as the two largest crypto assets by market cap plunge deeper into the red territory. Pseudonymous crypto analyst Capo tells his 265,300 followers on Twitter that Bitcoin is in a downtrend and warns that buying BTC when the price seems

Digital asset manager Grayscale has made its flagship Bitcoin (BTC) and Ether (ETH) products available on Robinhood, the popular trading app open to millions of retail users.  Beginning on Friday, Robinhood users will be able to trade Grayscale’s Bitcoin Trust (GBTC) and Ethereum Trust (ETHE) directly through the app. Shares of GBTC provide investors with

Bitcoin (BTC) fell further on the May 6 Wall Street open amid a warning that the U.S. equities sell-off was “not over.” BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Novogratz: “We are not going to get a soft landing” Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting $35,268 on Bitstamp, bringing three-day losses alone

Ethereum’s native token Ether (ETH) tumbled to its worst levels in almost two months against the U.S. dollar on May 6 as the rout in financial markets rippled across the cryptocurrency sector. Nonetheless, ETH did fare better than Bitcoin (BTC) with the ETH/BTC pair hitting a three week high. ETH/BTC daily price chart. Source: TradingView

Nonfungible token (NFT) marketplace OpenSea suffered a server breach on its main Discord channel, with hackers posting fake “Youtube partnership” announcements. A screenshot shared Friday shows fake collaboration news, accompanied by a link to a phishing site. OpenSea Support’s official Twitter account tweeted that the marketplace’s Discord server was breached Friday morning and warned users not