Coindesk

Major cryptocurrency exchange Bybit said all of its liquidation data is now publicly available through an upgrade to its application programming interface (API).With the upgrade, the API delivers liquidation data updates every 500 milliseconds, twice as fast as the previous version, which provided just one update per second per trading pair, it said.The change ensures that every liquidation event is captured in real time, eliminating blind spots that previously obscured the true scope of market activity“The real spirit of crypto is transparency. By making all liquidation data fully public, we’re empowering traders and analysts with the insights they need,” CEO and co-founder Ben Zhou said in a statement.Liquidation data helps traders identify market trends, support and resistance levels, and potential...

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.The CoinDesk 20 is currently trading at 3321.84, up 1.4% (+45.53) since 4 p.m. ET on Thursday.18 of 20 assets are trading higher.Leaders: LTC (+6.8%) and DOT (+4.9%).Laggards: XRP (-0.5%) and XLM (-0.1%).The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.Source link

The Securities and Exchange Commission (SEC) potentially dropping its Coinbase lawsuit could help boost sentiment for not only crypto tokens that were alleged as securities under the last presidential administration but also popular exchange Robinhood's (HOOD) shares.Read more: SEC Poised to Drop Coinbase Lawsuit, Marking Big Moment for U.S. CryptoWhile the SEC hasn't officially voted on the Coinbase case, it will likely be welcomed by the industry that has faced enforcement by the agency under the Joe Biden administration. Robinhood was one of the exchanges that had to delist all of the tokens that were alleged to be securities in June 2023. However, after President Donald Trump won the U.S. presidential election last year, the exchange added back some of...

The U.S. Securities and Exchange Commission will vote soon on a deal negotiated with Coinbase to entirely drop the agency's legal pursuit of the crypto exchange, according to the company's top lawyer.While the SEC has been making moves almost daily to reverse past positions on digital assets, the pending vote would mark a watershed moment that could start a series of legal dominoes to free other crypto businesses from enforcement actions. Because the deal between Coinbase and SEC staff assumes a dismissal of the case "with prejudice," said Coinbase Chief Legal Officer Paul Grewal, the regulator's accusations of securities violations would be shut down permanently."It's a great day for Coinbase, yes, but it's also a great day for crypto in...

By Francisco Rodrigues (All times ET unless indicated otherwise)Cryptocurrency prices are rising after the U.S. Securities and Exchange Commission’s former crypto enforcement unit transitioned into the Cyber and Emerging Technologies Unit and amid dovish comments from Atlanta Fed President Raphael Bostic.Renaming the Crypto Assets and Cyber Unit is significant because it shows the agency is moving away from its crypto focus that often led to accusations of regulation by enforcement and legal battles with major industry participants.“In the near to medium term, clearer regulations will likely boost institutional participation, leading to improvements in market infrastructure,” BackPack founder and CEO Armani Ferrante told CoinDesk. Bitcoin is now above $98,000 after adding 1.2% in 24 hours, while the broader CoinDesk 20 Index...