Huobi Stirs Insolvency Speculation Amid Drop in Total Value Locked, Records $64 Million in Outflows: Report

Huobi Stirs Insolvency Speculation Amid Drop in Total Value Locked, Records  Million in Outflows: Report

The Huobi crypto exchange has sparked concern within the crypto industry, with many speculating that the exchange may be facing insolvency. Several factors contribute to these rumors, suggesting that the exchange is in serious financial distress. This includes significant outflows from the exchange in recent days, leading to a drastic drop in the total value …

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Bitcoin Maintains Price above $30,000, Ether and Some Altcoins Experience Minor Losses: Crypto Market Analysis

Bitcoin Maintains Price above ,000, Ether and Some Altcoins Experience Minor Losses: Crypto Market Analysis

The cryptocurrency market experienced a mixed performance during the second weekend of July, with more cryptocurrencies seeing declines than gains. Bitcoin, however, managed to secure a profit of 0.14 percent on Monday, July 17, with a value of $30,255 (roughly Rs. 24.8 lakh) at the time of writing. One upcoming development that could potentially impact …

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Bitcoin and Ether Lead the Recovery in Crypto Market Amidst Volatile Conditions at the End of June

Bitcoin and Ether Lead the Recovery in Crypto Market Amidst Volatile Conditions at the End of June

The cryptocurrency market failed to achieve significant stability despite positive developments that made waves over the weekend. Bitcoin, as an example, entered the final week of June with a minor loss of 0.29 percent. However, BTC managed to stay above the $30,000 mark ($24.3 lakh approximately). Currently, BTC is being traded at $30,449 ($24.9 lakh …

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