Bitcoin’s price has plummeted, sending shockwaves through the crypto market and plunging investor sentiment into “extreme fear.” A Rollercoaster Ride The crypto market started the week strong, fueled by positive news. But that optimism quickly evaporated. Bitcoin, which briefly touched $95,000, crashed to $82,600—erasing all its recent gains and then some. In just 24 hours,…
Mexican billionaire Ricardo Salinas is a big fan of Bitcoin. He recently revealed that a whopping 70% of his wealth is invested in Bitcoin and related assets! Salinas’ Bitcoin Portfolio Salinas, who’s worth around $5.8 billion, says his portfolio is mostly “hard assets” – Bitcoin and gold. He’s practically all-in on Bitcoin, with only 30%…
The NYSE is pushing for a Dogecoin ETF. This would be a big deal, giving investors a regulated way to trade Dogecoin through a traditional exchange-traded fund. NYSE Files for SEC Approval The New York Stock Exchange (NYSE) just filed paperwork with the Securities and Exchange Commission (SEC) to list a Bitwise Dogecoin ETF. This…
Binance, a major cryptocurrency exchange, is removing nine stablecoins from its European platform. This is due to new European Union regulations. Stablecoins Getting the Boot Starting March 31st, European Economic Area (EEA) users will no longer be able to trade Tether’s USDT, along with eight other stablecoins: FDUSD, TUSD, USDP, DAI, AEUR, UST, USTC, and…
Senator Dick Durbin is proposing a new law to crack down on crypto ATM scams. The move comes as the number of these machines in the US is dropping. A Surge in Crypto ATM Scams The Federal Trade Commission (FTC) reported a staggering $66 million in losses from crypto ATM scams in the first half…
A well-known crypto analyst, Credible, is predicting a significant Bitcoin price drop. He’s shared his forecast with his large following on X (formerly Twitter). Bitcoin’s Potential Plunge Credible believes Bitcoin (BTC) could fall below its recent low of $78,000. This prediction comes after BTC failed to hold the $90,000 level. He sees this potential drop…
CryptoQuant’s CEO, Ki Young Ju, is sticking to his prediction that Bitcoin (BTC) is still in a bull market. He shared this on X (formerly Twitter), citing recent price action and on-chain data as evidence. Coinbase Whales and the Bitcoin Surge Over the weekend, Bitcoin’s price jumped from around $84,000 to nearly $94,000. Ju credits…
Dogecoin and Shiba Inu, two popular meme coins, recently experienced a significant price drop. Let’s explore the reasons behind this downturn. Trade Wars and Economic Uncertainty A major factor contributing to the crash was Donald Trump’s announcement of increased tariffs on Canada and Mexico. This sparked fears of a wider trade war, leading to a…
Bitcoin’s been on a wild ride lately, with prices swinging wildly. Let’s break down what’s been happening. A Week of Extreme Volatility Last week, Bitcoin hit a high of $96,000, only to plummet 18% to $78,000 in a single day. This caused a lot of worry, with many wondering if a bigger correction was coming….
President Trump’s recent announcement about a “crypto strategic reserve” sent crypto prices soaring, briefly. The proposed reserve included Bitcoin (BTC), Ethereum (ETH), XRP, Solana (SOL), and Cardano (ADA). But this excitement was short-lived. A Quick Rise, A Faster Fall The initial price jump quickly reversed within 48 hours. Analysts point to Trump’s ongoing tariff policies…
