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Record-Breaking GBTC Outflows Send Bitcoin Down 14% To $62,000

[Mar 19, 2024 5:00 PM] As reported by Fortune Magazine, the cryptocurrency market has been experiencing significant volatility as Bitcoin (BTC) has experienced a sharp decline that has had a domino impact on other cryptocurrencies. The recent drop in the price of…

Hong Kong Launches Second Phase of Its CBDC Pilot Program

[Mar 19, 2024 3:30 AM] The Hong Kong Monetary Authority announced the launch of the second phase of the pilot of its CBDC, the digital Hong Kong dollar (e-HKD). This new phase will focus on furthering the research on already examined use cases for the currency, including…

Flash Crash on Bitmex Sends Bitcoin Tumbling to $8,900

[Mar 18, 2024 11:39 PM] Bitcoin’s price on Bitmex plummeted to $8,900 in a flash crash late Monday, diverging significantly from the global average price of around $67,400, due to large sell orders on the XBT/USDT pair. Bitmex is investigating the incident, which…