Bitcoin’s price is facing increasing technical pressure, and analysts are warning it could dip below $80,000 in the near future. The recent market movement suggests that Bitcoin may be approaching a top, with concerns over factors like Trump’s tariff plans and regulatory delays. A report by the Singapore-based blockchain firm Matrixport highlights the growing role […]
Pi Network has made headlines by posting a surprising 22% price surge in the last 24 hours, with its current price trading at $1.90, just 10% below its all-time high of $2.10 set on February 20 when it was launched. This recent price hike is notable, particularly considering the overall downturn in the crypto market, […]
PayPal is planning to expand the use of its stablecoin, PYUSD, to support global payments through its Hyperwallet platform and other products by 2025. Specifically, PayPal is preparing to integrate this stablecoin into its services to facilitate cross-border transactions, especially as U.S. merchants increasingly seek to pay international vendors and suppliers. One of their key […]
Bitcoin exchange-traded funds (ETFs) in the U.S. saw their highest net outflows on February 25, 2025, totaling $937.78 million as Bitcoin dipped below the $90,000 threshold. This drop triggered a risk-off sentiment among investors amid growing macroeconomic concerns, marking the highest single-day outflow for these ETFs since their inception. The previous record for net outflows […]
ARK Invest, led by Cathie Wood, has capitalized on the dip in the stock price of cryptocurrency exchange Coinbase (COIN), purchasing 41,032 shares valued at $9.3 million. This purchase comes just over two months after the firm sold $4.3 million worth of Coinbase stock in late December. The recent buying activity was conducted through the […]
Strategy stock dropped 11% on February 25 as Bitcoin fell below $90,000, sparking concerns about the company’s massive Bitcoin exposure potentially leading to a forced liquidation. Strategy is the largest corporate Bitcoin holder, with 499,096 Bitcoin worth approximately $44 billion, making its financial stability heavily tied to Bitcoin’s price fluctuations. The decline in Bitcoin’s value […]
Solana (SOL) has seen a significant downturn, falling over 50% from its all-time high of $295 reached in January, largely driven by a sharp decline in meme coin trading activity. This drop marks Solana’s worst monthly performance since the FTX collapse in November 2022, with a 38% loss in the past 30 days. Meme coin […]
Bitcoin’s price plunged below $90,000, reaching a low of $86,099, triggering a massive wave of liquidations across the crypto market. In total, over $1 billion was wiped out, with long positions taking the brunt of the losses, amounting to $873 million. The sell-off affected 230,000 traders, according to data from Coinglass, and open interest in […]
Bitdeer Technologies Group, a prominent player in the blockchain and high-performance computing space, has reported a significant loss for the fourth quarter of 2024, amounting to $531.9 million. This marks a sharp increase from the $5 million loss reported during the same period in the previous year. The company’s revenue for Q4 2024 was $69 […]
Aurora Labs has introduced a groundbreaking feature in its Aurora Cloud Console (ACC) that allows for instant blockchain deployment without the need for any coding. This major development is part of Aurora Labs’ 2025 roadmap to simplify blockchain infrastructure within the NEAR ecosystem. The new automation feature enables developers and businesses to launch fully customized […]