Bitcoin’s recent performance can only be described as tumultuous, as it experienced one of its most significant drops in value—a staggering decline exceeding 10% within just 24 hours. This price adjustment translated to an eye-watering loss of approximately $10,000, pushing Bitcoin’s value down to levels not seen since mid-November. The fallout from this volatility rippled
Crypto
In recent months, the cryptocurrency world has witnessed a surge of interest surrounding the introduction of exchange-traded funds (ETFs) linked to digital assets. Companies are clamoring for opportunities to provide investors with new avenues for engagement in the evolving crypto marketplace. One of the most notable players in this movement is Grayscale Investments, an asset
Over the past 24 hours, Bitcoin’s value has significantly declined, sinking to just above $90,000—its lowest point since mid-January. This steep drop marks a reduction of more than $9,000 from the cryptocurrency’s recent peak of $99,500, recorded last Friday. The recent volatility leads to an observable trend of increased liquidations in the market, with the
Bitcoin has recently faced pressure, slipping below its 100-day moving average of $98,000. This dip raises concerns among investors, especially as it nears the key support level of $95,000. Notably, the cryptocurrency has shown weakened trading activity that does not indicate strong momentum from either buyers or sellers. In an environment where market participation is
Bitcoin’s recent price movements have been far from stable, demonstrating a notable decline that has reignited concerns among investors. After managing to hover around $96,000 over the weekend, the leading cryptocurrency has slipped below this psychological threshold. The beginning of the business week was marked by significant drops, as Bitcoin plummeted to a multi-week low
In a digital age increasingly dominated by technology, a troubling shift is occurring in the demographic profile of victims targeted by financial fraud. Traditionally, older adults were the primary victims of scams; however, recent evidence suggests that younger, tech-savvy individuals are now in the crosshairs of con artists, particularly in cases involving “Pig Butchering” scams.
In the ever-evolving landscape of investment assets, Bitcoin and gold have recently traversed distinctly different paths. For the past several months, gold has flourished, reaching unprecedented heights and preparing to breach the $3,000 per ounce threshold. In stark contrast, Bitcoin has languished below the $100,000 mark, defying expectations of a bull run in early 2025.
The cryptocurrency market has always been known for its volatility and rapid shifts in investor sentiment. This is particularly true in the context of Bitcoin exchange-traded funds (ETFs) in the United States. Recent data indicates a significant decline in the interest of investors in Bitcoin ETFs throughout February 2025, with the phenomenon of large-scale withdrawals
In the wake of the Bybit hack, where a staggering $1.5 billion in ETH was stolen, the cryptocurrency market has been a study in contrasts. Bitcoin (BTC) managed to stabilize above the $96,000 mark, exhibiting a surprising resilience despite the tumultuous events. However, this stabilization comes on the heels of intense volatility. For context, just
In a significant move to bolster its position in the global digital finance landscape, Standard Chartered Bank Hong Kong (SCBHK) has teamed up with Animoca Brands and Hong Kong Telecommunications (HKT) to create a joint venture aimed at launching a stablecoin backed by the Hong Kong dollar. With an eye on regulatory compliance and market
