Bitcoin Falls Below $62,000 As AI Stocks Rise, ETF Outflows Worse
Bitcoin Falls Below $62,000 As AI Stocks Rise, ETF Outflows Worse
Bitcoin Falls Below $62,000 As AI Stocks Rise, ETF Outflows Worse Read More »
Bitcoin (BTC) bulls have found a new support level. Will it last?
Bitcoin BTC$61,650.42 the market has found a new support level and Thursday’s US core PCE release may test its mettle. That level is $59,000, which has emerged as strong support, capping downside moves in recent days. A support level in trading is a specific price point or range where a downtrend tends to stop or
Bitcoin (BTC) bulls have found a new support level. Will it last? Read More »
Bitcoin, Ether Leads to $1B Liquidation Losses as AI Trading Continues
Bitcoin fell to $59,175 overnight, its lowest point since early June, before reversing to around $61,500 on Thursday morning, per CoinDesk data. Nearly $1 billion worth of futures positions were liquidated across crypto majors, such as bitcoin, ether, solana and others, into tokenized versions of stocks, such as Micron Technology Inc ( MU ) and
Bitcoin, Ether Leads to $1B Liquidation Losses as AI Trading Continues Read More »
Why did MemeCore’s M token suddenly drop 80%?
Blockchain project MemeCore’s M token collapsed about 74% in 24 hours, falling from a high near $2.92 to as low as $0.51 before stabilizing around $0.74, with no exploit, hack or announcement to explain the drop. The drop erased close to $3 billion in market capitalization. M’s market capitalization fell below $1 billion to about
Why did MemeCore’s M token suddenly drop 80%? Read More »
Ripple’s RLUSD stablecoin goes live in Japan after regulatory approval
The launch builds on a memorandum of understanding the two firms signed in August 2025 and builds on a relationship dating back to 2016, when Ripple and SBI began working together on cross-border payments and blockchain infrastructure in Asia. RLUSD will “serve as a bridge for payments, tokenization and collateral,” connecting Japanese companies with global
Ripple’s RLUSD stablecoin goes live in Japan after regulatory approval Read More »
Bitcoin records the highest number of transactions in two years, powered by the Runes protocol
Bitcoin’s onchain activity is increasing despite the asset remaining deep in a bear market. The number of Bitcoin transactions recently rose above 820,000 per day, according to Glassnode data. The rise comes as bitcoin trades around $62,000, about 50% below its peak in October, a period when network activity is typically expected to weaken. The
YZi Labs Ends Proxy War With BNB Tax Company CEA Industries (BNC)
YZi rejected suggestions that the settlement amounts to a takeover, a person close to the settlement told CoinDesk in an interview, instead describing it as a management reset aimed at unlocking shareholder value. The firm also emphasized that Binance founder Changpeng “CZ” Zhao was not involved in the initiative. The investment firm was renamed from
YZi Labs Ends Proxy War With BNB Tax Company CEA Industries (BNC) Read More »
CZ, Binance founder, wants to clear up ‘misunderstandings’ about who he is
“Binance.US has a CEO, Binance.com has two co-CEOs,” he said. “They hardly ever talk to each other. In fact, I don’t think they ever talk to each other. So yes, two independent teams. Binance.US licenses the product and technology from Binance Global, but they have a license agreement.” CZ doesn’t see himself running the US
CZ, Binance founder, wants to clear up ‘misunderstandings’ about who he is Read More »
Bitcoin (BTC) price may fall to $55,000 to find bottom in August-October, says 10x Research
Bitcoin BTC$61,038.10 likely has further downside ahead before the current bear market runs its course, according to 10x Research founder Markus Thielen. Thielen’s call centers on the recent strength of the US dollar, which historically acts as a headwind for bitcoin. The outlook has been boosted by the Federal Reserve’s hawkish turn under new Chairman
The banking lobby is wrong about stablecoins and community banks
Stablecoins are no longer a fringe market. Their total supply has exceeded $300 billion, and USDT₮, the largest stablecoin, briefly overtook Ethereum by market cap to become the second largest digital asset behind bitcoin. The banks have the right to be aware. But paying attention is different from pushing Congress to slow the market. Stablecoins
The banking lobby is wrong about stablecoins and community banks Read More »