Rosen Law Firm Files Class Action Against Balancer ⚖️
Rosen, a US-based law firm, has filed a class action lawsuit against Balancer following a November exploit. The legal action aims to address potential damages caused by the security breach and protect affected investors. 🛡️💼
Recent reports indicate that Solana has experienced significant inflows totaling $8.2 million. This surge suggests growing investor confidence and increased activity on the network, highlighting Solana's ongoing momentum in the crypto space. 📈✨
‼️LATEST: $BTC | 🇰🇷 South Korean authorities have initiated an investigation into the recent incident involving the miscredit of 620,000 $BTC on Bithumb. The probe aims to scrutinize potential market manipulation and strengthen regulatory oversight. 🔍⚖️
Bithumb successfully recovered 99.7% of the miscredited $BTC, with the remaining amount secured using the company's reserves. Authorities are also planning to implement additional anti-market manipulation measures to prevent similar incidents in the future. 🚫💪
$TAO continues to trade within a well-defined descending channel. The recent bounce was quickly sold back into the range, highlighting the bearish momentum. Currently, the price is grinding sideways just below the channel’s upper trendline, which maintains a bearish bias.
As long as $TAO stays above the 160–165 support zone, there’s potential for a short-term relief rally toward the 175–185 area, aligning with the channel’s resistance. However, if the price breaks below 160–165, the next key support target is around 150, with a possible deeper decline toward the previous wick low, signaling increased downside risk.
🚨 Market Alert: Over $396.86 Million Liquidated in 24 Hours
In the past 24 hours, traders faced massive liquidations totaling more than $396.86 million. Notably, over 54% of these liquidations, approximately $215.55 million were shorts, indicating a significant number of traders betting against the market were forced to close their positions.
This surge in liquidations reflects the high volatility and rapid price swings currently dominating the crypto markets. Traders should exercise caution and stay updated on market trends to manage risk effectively. 📉🔍
Central Bank Digital Currencies (CBDCs) are gaining traction worldwide, offering governments a new way to control monetary policy. Tip: Stay informed about your country's CBDC plans!
Stop-loss orders automatically sell your assets when prices drop to a certain level, protecting you from large losses during sudden market downturns. Determine your risk tolerance and set stop-loss points accordingly. Regularly review and adjust your stops as the market moves. This disciplined approach helps preserve capital and manage volatility effectively. Safety first in volatile crypto markets! ⚠️
Learn the essentials of Binance spot trading to buy and sell cryptocurrencies instantly at current market prices. Familiarize yourself with order types such as market, limit, and stop-limit orders. Analyzing price charts and trading volume helps identify optimal entry and exit points. Always stay updated on market trends and news to make informed decisions. Remember, patience and research are key to successful spot trading. 🚀
🚨 JUST IN: A Bitcoin Genesis Wallet Receives 2.5 BTC 🪙
In a surprising move, a Bitcoin Genesis wallet has just received 2.5 BTC, according to a recent report. The Genesis wallet, known as the original wallet created with Bitcoin's launch in 2009, is often considered a significant marker in the crypto world. While the purpose of this transaction remains unknown, it has sparked curiosity among investors and enthusiasts alike about potential implications for Bitcoin's history and future movements. Stay tuned for more updates! 🔍