Bitcoin slipped below $90,000 for the first time in seven months on Tuesday in the latest sign that investor appetite for risk-taking is drying up across financial markets. The risk-sensitive cryptocurrency has erased 2025 gains and is now down nearly 30% from a peak above $126,000 in October. It traded down 2% at $89,953 in … Read more
Coinbase‘s first-mover advantage as the only publicly traded crypto exchange helped it top earnings estimates again, but competition is looming from clearer rules and newly listed companies, Wall Street analysts said on Friday. The global crypto market has swelled to $3.7 trillion as institutional and retail investors pour money into digital assets. President Donald Trump … Read more
Kazakhstan President Kassym-Jomart Tokayev has proposed measures to optimize the use of the National Fund and accelerate the development of a digital asset ecosystem during his annual state-of-the-nation address on Monday Tokayev also urged the government to review tax incentives for investors, stressing that preferences should be granted selectively and reserved for projects that are … Read more
China is considering allowing the usage of yuan-backed stablecoins for the first time to boost wider adoption of its currency globally, sources familiar with the matter said, in a major reversal of its stance towards digital assets. The State Council – China’s cabinet – will review and possibly approve a roadmap later this month for … Read more
In May last year, Jonathan Lopez invested about $1 million worth of cryptocurrency in Dough Finance, a small trading platform that made it easy to make risky bets using borrowed funds. Initially, the 31-year-old investor and motivational speaker from Miami did well. Part of Dough’s appeal for users was “looping,” where traders borrow against their … Read more
Crypto enthusiasts descended on Dubai on Wednesday, gathering under the Gulf’s scorching sun and hoping the industry’s buoyant mood can keep going despite signs the euphoria around Donald Trump‘s crypto stance is ebbing. Speakers at the two-day event in the desert city include chief executives at some of the world’s major crypto firms, the head … Read more
Pi Network Coin rose 13% to $1.68 on Thursday, partially recovering from recent losses. However, the cryptocurrency remains down 44% from its all-time high of $2.98, underscoring ongoing volatility in the broader crypto market. The crypto market rebounded strongly, with Bitcoin surging to $84,000 and XRP rising 4%, while Ethereum, BNB, and Solana also posted … Read more
U.S. President Donald Trump announced on March 2 the first five cryptocurrencies that will form a U.S. strategic crypto reserve: Bitcoin, Ethereum, Ripple, Solana, and Cardano. Bitcoin and Ethereum are the two largest cryptocurrencies in the world by market value. By establishing a crypto reserve, the U.S. becomes a direct stakeholder in the digital asset … Read more
Bitcoin is closing in on $80,000 for the first time, boosted by President-elect Donald Trump’s embrace of digital assets and the prospect of a Congress featuring pro-crypto lawmakers. The cryptocurrency climbed as much as 4.3% to an unprecedented $79,771 on Sunday and remained near $79,000 as of 2:05 p.m. in Singapore. Smaller tokens like Cardano … Read more
Bitcoin’s rally to near a record high is reawakening animal spirits — not just in the cryptocurrency market itself, but in the broader financial world that had left the digital asset sector for dead last year. The change of heart can be seen in the improved outlook for deal flow, highlighted by Robinhood Markets Inc.’s … Read more