Bitcoin BTC$61,875.23 continues to lose ground and the price closes quickly at $60,000 amid record ETF outflows. The $60,000 level has been touted by analysts as a key support below which selling could turn even uglier. Jean-David Péquignot, Chief Commercial Officer at leading crypto options exchange Deribit said that the price is critical not only […]
Here’s what could happen if bitcoin goes below $60,000 Read More »
Bitcoin fell to $62,715 in Asian hours on Friday, down 1.9% on the day and 14.5% on the week, as the artificial intelligence trade that has driven global risk assets through 2026 ran out of breath. Ether fell a sharper 4.8% to $1,696 and is now down more than 15% on the week, while Solana
Bitcoin Dives Near $62,000 As AI Trade Unwinds, HYPE Falls 14% Read More »
Bitcoin is trading just above $62,000 and about $2,700 above the $60,000 round number that has become the next obvious test on the way down. The price is now down close to 16% from last week’s $74,000-plus levels, with most of the damage coming in the past three sessions as AI trading rolled over globally.
Bitcoin May Fall To $60,000, Zcash Plunges 37% Read More »
Privacy-focused zcash (ZEC) has taken a beating in the past 24 hours, falling around 30% to $400 amid broader market weakness. Sales accelerated after Shielded Labs, a nonprofit Zcash developer, revealed a critical vulnerability in the blockchain’s Orchard privacy pool that could have threatened the integrity of the token’s supply. Late Thursday, Shielded Labs published
China is erecting walls to prevent money, technology and companies from leaving the country. This week, the State Council, China’s cabinet, announced new regulations requiring national security screening for Chinese companies seeking to invest abroad. The move follows rules introduced in April that allowed authorities to intervene when foreign companies tried to move supply chains
China is building an economic fortress as global tensions rise Read More »
The crypto market succumbed to a wave of selling pressure and liquidations on Thursday with bitcoin BTC$63,297.23 tumbled to about $61,300 at 02:00 UTC before recovering to as high as $64,680. It recently traded around $62,500. Ether (ETH) lost 3% since midnight UTC and is now trading at around $1,750. Several other altcoins saw deeper
Nick Bilton, the new executive producer of “60 Minutes,” moved to shore up his demoralized staff Thursday, writing in a memo that the program “will never be directed by the ownership” of CBS News about its reporting. His comments, delivered in a staff email obtained by The New York Times, came as questions swirled about
Nick Bilton, new ’60 Minutes’ boss, promises independence Read More »
Russia sanctioned a British teenager for his role in exposing the alleged use of ruble-pegged stablecoin A7A5 to finance the war effort against Ukraine. Alexander Browder, 17, wrote a report for foreign policy and national security think tank The Henry Jackson Society, which the Russian Foreign Ministry described as spreading “defamatory speculation and false information”.
Russia sanctions British teenager for alleging use of A7A5 to fund Ukraine war Read More »
Digital trading platform Moomoo said Thursday it had partnered with prediction market operator Kalshi to bring CFTC-regulated event contracts to eligible users, allowing them to trade the outcomes of major economic, political and cultural events directly through the broker’s platform. The offering gives users access to contracts linked to events such as the Federal Reserve’s
Moomoo adds Kalshi prediction markets that give users access to event contracts Read More »
While there is no new sign of progress on the US Senate’s Digital Asset Market Clarity Act, the crypto industry’s Blockchain Association held an online event Thursday with involved lawmakers continuing to argue for support — particularly in the law enforcement community — as the bill’s proponents grapple with a tight Senate window. Throughout the
Crypto Clarity Act in spotlight for bad actor provisions as Senate process moves forward Read More »
