Bitcoin experienced a significant price dip recently, dropping below the $95,000 mark for the first time in about a week. However, the cryptocurrency’s bulls weren’t willing to let this level be breached easily, as they rallied to elevate its price back up to approximately $98,000 shortly thereafter. This unpredictable behavior of Bitcoin indicates the turbulent
Crypto
The start of 2025 has witnessed a remarkable shift in the cryptocurrency market, led in part by the recent political landscape in the United States. The latest report from Binance Research provides a detailed overview of these developments, highlighting how the crypto market managed a bounce back from a significant downturn in late 2024. By
Adin Ross and Richard “FaZe Banks” Bengtson, prominent figures in the gaming and streaming landscape, have recently unveiled an intriguing project: a cryptocurrency-based Grand Theft Auto 6 (GTA 6) server. Announcing their vision during a livestream event, Ross and Banks expressed enthusiasm about creating a significant server that would underpin an innovative digital economy within
The blockchain landscape has witnessed monumental changes since its inception, with Coinbase emerging as a titan within this evolving sector. As of February 8, 2025, Coinbase boasts a staggering market capitalization of $71.2 billion, positioning it as the largest publicly traded blockchain company. This unparalleled valuation dwarfs its nearest competitor, Galaxy Digital, which is valued
In the annals of cryptocurrency history, few figures are as shrouded in mystery as Satoshi Nakamoto, the elusive creator of Bitcoin. Recent revelations by Conor Grogan, a director at Coinbase, have sparked new discussions about Nakamoto’s last known interactions with the Bitcoin network. Grogan’s investigations suggest that Nakamoto might have been active as recently as
The financial landscape of the United States has long been a complex tapestry woven with threads of economic policy, market sentiment, and geopolitical dynamics. This week, however, that tapestry showed signs of fraying as President Donald Trump instigated new trade tariffs targeting Canada, Mexico, and China. As is often the case, the cryptocurrency market did
As Bitcoin continues its quest for stability, traders find themselves at a crossroads, particularly with the price hovering around the 100-day moving average. This technical indicator serves not only as a support but also as a psychological threshold at $95,000. A breach below this level carries significant implications, risking a plunge to the major support
The decision by Deribit, a prominent cryptocurrency exchange, to cease operations in Russia marks a significant shift in the crypto landscape affected by geopolitical tensions and regulatory developments. This move, spurred by European Union sanctions, reveals the intersection of crypto trading and international politics, highlighting the vulnerabilities that financial institutions face when navigating complex sanction
The rapid proliferation of stablecoins has raised significant concerns among regulators regarding financial stability and market integrity. In response to these concerns, US House Financial Services Committee Chairman French Hill and Digital Assets Subcommittee Chairman Bryan Steil have proposed a groundbreaking piece of legislation known as the Stablecoin Transparency and Accountability for a Better Ledger
In a dramatic unfolding of events, Justin Sun, the founder of the Tron blockchain platform, has initiated legal proceedings against renowned American film producer and executive David Geffen. This lawsuit, recently filed in Manhattan federal court, revolves around the contentious tale of an Alberto Giacometti sculpture, Le Nez, that Sun asserts has been stolen and