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
Crypto
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
Berachain, an EVM-compatible Layer 1 blockchain, has made waves in the crypto community with its impressive performance following the Mainnet launch just 20 days ago. Surpassing notable competitors such as SUI, Avalanche, and Arbitrum, Berachain achieved a remarkable Total Value Locked (TVL) of $3.27 billion, before experiencing a slight pullback. This development secured its position
Recent events within the cryptocurrency world have raised significant alarms regarding security protocols as Stablecoin Bank Infini faced a catastrophic breach, leading to the theft of over $49 million in USDC. This incident stems from a misuse of retained administrative privileges, highlighting vulnerabilities that exist not only in specific platforms but also within the broader
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
Recent economic data has raised considerable alarms regarding the strength of the U.S. economy, signaling a possible shift from resilience to fragility. Notably, the service-sector Purchasing Managers’ Index (PMI) registered its lowest reading in over two years, an alarming indication for analysts and investors alike. Such indicators suggest an economic environment where growth is stalling
In a bold move set to reshape the landscape of decentralized finance (DeFi), Reeve Collins, the co-founder of Tether, is gearing up to launch a new stablecoin called USP. Expected to debut in late 2025, USP aims to establish a foothold in the competitive and rapidly evolving stablecoin market, primarily dominated by Tether (USDT) and
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.
