Business

Bitcoin’s price crash reveals painful truth – the crypto market is still dancing to BTC’s tune

A decade ago, the crypto market was straightforward: When bitcoin BTC$76,540.50 rose, some 500 or more alternative cryptocurrencies followed suit; when it dipped, the whole market crashed. Portfolios spread across “various tokens” with unique use cases looked diversified on paper, but cratered during the bitcoin slides. Fast forward to 2026 and very little has changed, […]

Bitcoin’s price crash reveals painful truth – the crypto market is still dancing to BTC’s tune Read More »

Jupiter brings Polymarket to Solana and gets a $35 million investment deal

Solana-based decentralized exchange Jupiter said it will bring Polymarket to the network for the first time, rolling out an integration it launched as a push to make Jupiter a fuller on-chain prediction hub. “For the first time, Polymarket is coming to Solana. On Jupiter,” the exchange wrote on X, adding that users will be able

Jupiter brings Polymarket to Solana and gets a $35 million investment deal Read More »

Bitcoin traders face $545 fine for lapses

India’s 2026-27 Union Budget has left the country’s crypto tax regime unchanged, retaining the existing transaction tax and withholding rules, while proposing a new penalty framework aimed at tightening compliance with crypto asset reporting. Under changes proposed in the Finance Bill, 2026, entities required to report crypto-asset transactions to the tax authorities will face monetary

Bitcoin traders face $545 fine for lapses Read More »

The hidden reason bitcoin didn’t rally when gold and silver went berserk

Bitcoins BTC$75,914.07 Price action looked strangely sluggish early last month, even as traditional assets such as precious metals and stocks pushed to new highs. The world’s largest cryptocurrency repeatedly failed to clear the $90,000 level — a stall that, in hindsight, foreshadowed the recent sharp selloff to $75,000. At the time, traders blamed everything from

The hidden reason bitcoin didn’t rally when gold and silver went berserk Read More »

Bitcoin rebounds above $75,000 after brief slide as thin liquidity keeps traders on edge

Bitcoin BTC$78,358.92 traded back above $76,000 after a brief break in support where it tested $74,000, highlighting the fragile balance between dip buyers and forced sellers in a market that still lacks “depth.” (CoinDesk) The rapid V-shaped move stemmed from order book dynamics where liquidity has dried up, allowing buy/sell trades to have an overall

Bitcoin rebounds above $75,000 after brief slide as thin liquidity keeps traders on edge Read More »

Bitcoin Holds Below $80,000 as January Prediction Contracts Miss Liquidation-Driven Slide: Asia Morning Briefing

Good morning, Asia. Here’s what’s making news in the markets: Welcome to the Asia Morning Briefing, a daily overview of top stories in US hours and an overview of market movements and analysis. For a detailed overview of US markets, see CoinDesk’s Crypto Diary Americas. Bitcoin’s recent slide revealed a familiar pattern in crypto markets:

Bitcoin Holds Below $80,000 as January Prediction Contracts Miss Liquidation-Driven Slide: Asia Morning Briefing Read More »

Hong Kong is positioning itself as crypto’s global nexus, says lawmaker Johnny Ng

Johnny Ng is not interested in zero-sum cryptopolitics. While regulators in Washington, Beijing and elsewhere in Asia are charting their own paths for digital assets, the Hong Kong legislature is focused on something else entirely: building connective tissue between markets, technologies and jurisdictions that rarely move in sync. Ng, who represents the technology sector in

Hong Kong is positioning itself as crypto’s global nexus, says lawmaker Johnny Ng Read More »

Bitcoin’s ‘hopium’ for bulls is over, and this weekend’s slide may just be the beginning

Bitcoin’s price fell sharply over the weekend, falling below $78,000 – its lowest level since April – as profit-taking collided with thinner liquidity and a lack of fresh buyers. Traders told CoinDesk that a rally once supported by corporate demand, particularly from Strategy’s ( MSTR ) bitcoin purchases, has run out of steam, leaving markets

Bitcoin’s ‘hopium’ for bulls is over, and this weekend’s slide may just be the beginning Read More »

Scroll to Top