Not waiting for what has become its usual Sunday night rush hour, bitcoin BTC$89,361.79 gets an early start to the weekend this holiday season, continuing an overnight decline and slipping back to $90,000 in early US trading. The move reverses much of the rejection from last Sunday night’s panicked plunge that pushed bitcoin all the […]
BTC Back to $90,000 as Bounce Fails for now Read More »
Cantor Fitzgerald’s Brett Knoblauch had caught up on the sharp decline in the price of Strategy ( MSTR ) and lowered his 12-month price target for Strategy ( MSTR ) to $229 from $560, citing a weaker environment for raising capital tied to bitcoin BTC$89,138.90. The new target still suggests nearly 30% upside from the
A sprawling crypto-investment fraud network that stole and laundered more than 700 million euros ($815 million) has been dismantled following coordinated raids across Europe. The criminal group operated a number of fake crypto-trading platforms that promised high returns through clever marketing campaigns, Europol announced on Thursday. Victims, attracted by “sophisticated” ads, were sent to call
European crypto scam network dismantled after laundering $815m Read More »
Stablecoins have had their ups and downs, but it’s clear that they are one of crypto’s biggest success stories so far. While Bitcoin may grab more of the headlines thanks to its constant ups and downs, stablecoins have emerged as the main workhorse of the decentralized financial ecosystem that helps move more than $275 trillion
The dollar is crumbling. Fiat-Backed Stablecoins are next Read More »
Crypto asset management firm CoinShares ( CS ) said the digital asset treasury (DAT) bubble has largely burst, with some companies trading at 3x to 10x their market net asset value (mNAV) in summer 2025 now back to around 1x or less, in a sharp reset for a trade that once priced as a token
Has the DAT bubble already burst? CoinShares says yes in many ways. Read More »
US federal prosecutors are demanding 12 years in prison for Do Kwon, the founder of Terraform Labs, the company behind the algorithmic stablecoin UST, which imploded spectacularly more than three years ago. The plea, filed Thursday with a judge in the Southern District of New York, comes after Kwon pleaded guilty earlier this year. He
The White House’s newly unveiled national security strategy sounds less like a traditional diplomatic plan and more like a call for global fiscal expansion. For the crypto market, addicted to the idea of rapid interest rate cuts in the US and globally, this appears to be a cold shower no one ordered. The core of
Measuring the Impact of Trump’s National Security Strategy Read More »
Amid intensified international focus on stablecoins, the International Monetary Fund (IMF) has released a 56-page report detailing what it sees as the main risks associated with their adoption. The report draws parallels from the claims made by many other central banks and international financial organizations regarding the threat stablecoins represent to government monetary control, ultimately
New IMF report on Stablecoin risk sparks outrage from crypto experts Read More »
HBAR retreated 2.2% in Thursday’s session as technical selling overwhelmed new ETF speculation. The token decisively broke below the $0.1380 support on volume that peaked 47% above the daily average of 35.5 million tokens. The collapse accelerated around 09:00 GMT when 52.21 million tokens changed hands. Bears drove prices to session lows near $0.1367 before
HBAR coincides with the broad crypto market in the middle of the volume spike Read More »
Paribu, one of Turkey’s largest digital asset platforms, has acquired crypto exchange CoinMENA for up to $240 million, marking the country’s largest fintech acquisition and its first cross-border crypto deal, the company announced on Friday. Based in Bahrain and operating with licenses in both Bahrain and Dubai, CoinMENA is one of the top local exchanges
Turkey’s crypto exchange Paribu buys CoinMENA for up to $240m Read More »
