Bitcoin, once touted as a digital gold, is grappling with severe market disturbances that have led it to a disheartening low of over $90,000, marking its steepest decline since mid-January. This worrying trend has seen the cryptocurrency plummet by a staggering $9,000 since its zenith of $99,500 just days prior. The swift drop showcases the
Crypto
In an astonishing development within the blockchain world, Berachain, an EVM-identical Layer 1 blockchain, has recently achieved a striking milestone shortly after its Mainnet launch. In just 20 days, Berachain managed to eclipse established blockchains like SUI, Avalanche, and Arbitrum in terms of Total Value Locked (TVL), peaking at an impressive $3.27 billion. Though it
In a significant setback for the burgeoning cryptocurrency sector, Infini, a stablecoin bank, has been rocked by a security breach that siphoned off an astonishing $49 million in USDC. This incident serves as a critical case study in the vulnerabilities that exist within digital finance platforms, particularly concerning administrative controls that, if mismanaged, can lead
As Bitcoin’s price starts to shift below essential technical thresholds, it invites scrutiny from traders and analysts alike. Recently, Bitcoin slipped beneath the significant 100-day moving average at $98K, now honing in on the crucial support level of $95K. This behavior showcases a subtle uptick in selling activity; however, the market’s accompanying low trading volume
Bitcoin’s recent performance has showcased a volatile rollercoaster that underscores the unpredictable nature of cryptocurrency trading. After showing some resilience over the weekend by maintaining a price around $96,000, Bitcoin faced a steep decline that mirrored the challenges confronting many altcoins. This trend was evident as Bitcoin swiftly dipped to a multi-week low beneath $93,500
Recent economic reports have painted a concerning picture of the U.S. economy, notably highlighting a significant decline in the service-sector Purchasing Managers’ Index (PMI), which recently recorded its lowest point in over two years. This drop suggests that the economy may not be as resilient as previously believed, raising red flags for investors and policymakers
In a bold move that could reshape the stablecoin landscape, Reeve Collins, co-founder of Tether, is set to introduce a decentralized stablecoin known as USP. Scheduled for launch in the second half of 2025, USP will operate on the Ethereum and Solana blockchains. This venture comes at a time when the stablecoin market is teeming
In recent years, the landscape of financial fraud has undergone a dramatic transformation, particularly with the emergence of Pig Butchering scams. Traditionally, older adults fell prey to most scams, but recent trends indicate that younger individuals, particularly those aged 30 to 49, are increasingly becoming the primary targets. This demographic shift can be attributed to
In the ever-evolving world of investments, Bitcoin (BTC) and gold have recently manifested strikingly different price trajectories. Over the past six months, gold has encountered a meteoric rise, edging closer to the coveted $3,000 per ounce mark, while Bitcoin has struggled to maintain its footing below the $100,000 threshold. This stark contrast not only raises
The cryptocurrency landscape is often characterized by its volatility and rapid shifts in investor sentiment. As we examine the performance of Bitcoin exchange-traded funds (ETFs) in the U.S. during February 2025, it becomes apparent that the once-enthusiastic demand has significantly waned. This article delves into the reasons behind this decline, the implications for Bitcoin and