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Why has the bitcoin price fallen? BTC to $79,000 as Xi warns Trump about Taiwan conflict

Bitcoin’s $80,000 floor cracked under back-to-back inflation shocks, and Xi Jinping’s Taiwan warning further dampened expectations of a recovery. BTC was trading at $79,200 in Asian hours on Thursday, down 2.3% in 24 hours and 2.2% in the seven days, after falling below the $80,000 level that had served as a floor for most of […]

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Did Claude just ‘crack’ a bitcoin wallet? AI tool helps find 5 BTC stuck for years

A viral X post claims that Claude ‘cracked’ a forgotten bitcoin wallet to recover 5 BTC from a user’s computer. But don’t get caught up in the hype, because that’s not what happened. Anthropic’s AI simply helped the owner search their own computer for an old wallet file, which was then decrypted with a password

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TRUMP token down 5% as namesake handset starts shipping next week

The TRUMP token, US President Donald Trump’s official memecoin, is down 5%, according to CoinDesk market data, as Trump Mobile announced that the long-awaited T1 handset is set to begin shipping next week. As CoinDesk previously reported, neither the Trump Mobile project nor the president’s memecoin have fared particularly well. Shipping dates for the handset

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Charles Schwab begins rollout of spot BTC, ETH trading for US retail clients

Charles Schwab, the brokerage giant that manages about $12 trillion in client assets, began rolling out its spot cryptocurrency trading service to retail clients in the U.S. An initial group of customers can now trade bitcoin BTC$79,293.76 and ether (ETH) on the Schwab Crypto platform, the company announced on X Tuesday. Last July, CEO Rick

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Hotter than expected inflation data banks BTC below $80,000

US producer prices for April came in much warmer than expected on Wednesday, complicating the Federal Reserve’s path forward to easing monetary policy later this year. The producer price index for April rose 1.4% month-on-month, nearly triple economists’ expectations for a 0.5% increase. Annual producer inflation accelerated to 6%, while core PPI excluding food and

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The Trump administration will withhold $1.3 billion in Medicaid payments to California

The Trump administration will withhold $1.3 billion in federal Medicaid payments from California, Vice President JD Vance announced Wednesday, saying the state had failed to fight fraud in the public health insurance program. “The state of California has not taken fraud very seriously,” said Mr. Vance at a press conference in the White House. The

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Anthropic, OpenAI Tokens Plunge As AI Firms Say Pre-IPO Share Transfers Void

Marketed as a way to gain exposure to Anthropic and OpenAI before going public, the Solana-based tokens got an unwelcome reality check this week. The two companies said the transfer of privately held shares to special purpose vehicles (SPVs) backing the tokens is invalid because any such move requires the approval of the company’s board

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Crypto security firm Ledger puts IPO plans on hold amid volatile crypto markets.

Crypto wallet provider Ledger put plans to go public in the US on hold due to difficult market conditions, according to two people with knowledge of the matter. Ledger has not filed any draft S-1 registration statement with the Securities and Exchange Commission (SEC), one of the people said. A confidential filing is typically the

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Animoca-backed NUVA brings Figure’s $19 billion in tokenized assets to Ethereum

As Wall Street firms race to bring stocks, bonds and credit products onto blockchain rails, a new Ethereum-based marketplace backed by Animoca Brands aims to turn tokenized assets into something crypto investors can use across decentralized finance (DeFi). Developed by Animoca and Nuva Labs, NUVA connects approximately $19 billion worth of tokenized real assets originating

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