Here is what happened yesterday in the crypto market:
Crypto Market Reacts to US Strikes in Iran, $595M Liquidated
Bullish crypto bets were liquidated as Bitcoin slipped below $100,000 following reports of U.S. airstrikes on Iran. This event triggered a risk-off sentiment in the market, impacting various cryptocurrencies.
Read more
Texas to Create Bitcoin Reserve
Texas Governor Greg Abbott signed a bill authorizing the creation of the Texas Strategic Bitcoin Reserve, a state-managed fund that will hold Bitcoin as part of the state’s assets.
Read more
Singapore Tightens Crypto Regulations with Stiff Penalties
Singapore is enforcing new crypto regulations with significant penalties, including fines up to $200,000 or jail time for entities that violate the rules.
Read more
Investor Loses $860K in Crypto Scam
A Florida investor is suing a Denver-based trading school and a fake crypto exchange after allegedly being scammed out of $860,000 with promises of high profits.
Read more
Crypto Firms Prefer Europe’s MiCA Regulations Over US
Despite support from figures like Donald Trump, crypto companies are increasingly favoring Europe’s MiCA regulations, which provide a clearer framework compared to the U.S.
Read more