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FINANCIAL CONDUCT AUTHORITY
UK's financial watchdog has ordered the shutdown of all crypto ATMs operating within the country with immediate effect .
The UK has ordered Binance Exchange to stop all regulated activities in the country.
The global crypto market cap is $1.41 trillion, an 8.23% decrease over the last day.
The Crypto market had suddenly become overheated and record sell-offs began leading traders to lose about $2 billion.
The mass liquidation of such crypto holdings occurred after the flagship crypto dipped from $38,300 to around $33,881 at press time.
The prevailing market condition at the crypto market led to heavy losses of global investors' funds, when roughly...
Crypto traders have been experiencing high price swings since the U.S Treasury Secretary referred to crypto as of “particular concern.
Bitcoin traded at $33,832.77 with a daily trading volume of $100.2 billion and is down 16.08% for the day.