Crypto

On February 28, a significant wave of 58,000 Bitcoin options contracts will reach their expiration, carrying a staggering notional value of approximately $4.7 billion. This week’s expiration is noteworthy due to its scale, reflecting the end-of-month cycle that traditionally triggers increased trading activity. However, despite the volume of contracts due to expire, analysts anticipate a

On February 21, a significant cyber event unfolded when cryptocurrency exchange Bybit experienced a devastating breach, leading to the theft of over $1.5 billion worth of digital assets. The FBI has identified the notorious Lazarus Group, an organization tied to North Korea, as the mastermind behind this highly sophisticated attack. To many experts in the

The recent announcement by Cameron Winklevoss, co-founder of the cryptocurrency exchange Gemini, regarding the conclusion of the US Securities and Exchange Commission’s (SEC) investigation into his company is a significant development in the world of digital finance. The SEC decided to cease its enforcement actions after nearly two years of scrutiny, a move Winklevoss perceived

The cryptocurrency landscape is replete with stories of innovation, volatility, and, unfortunately, significant security breaches. The recent hack of Bybit, which saw a staggering loss of approximately $1.5 billion, has stirred considerable debate within the digital finance community. Chaotic moments like these expose vulnerabilities in not only individual platforms but also in the overarching systems

Bitcoin has become a barometer for investor sentiment, reflecting the sentiment of traditional financial markets. A recent surge in volatility was triggered by U.S. President Donald Trump’s announcement of increased tariffs on Canadian and Mexican goods. The implications of such tariffs can adversely affect economic stability, prompting investors to act conservatively. In response to the

The Bitcoin Fear & Greed Index has dropped to a staggering low of 10, reminiscent of the extreme fear witnessed in June 2022. This drastic decline from a more neutral score of 49 signals deep-seated anxiety among crypto investors. The index, which gauges market sentiment, reflects not just numbers but the psychological state of those

Recent days have seen a dramatic shift in the cryptocurrency market, where bears have taken control with Bitcoin’s price plunging to an alarming new low of $82,000. This shift represents not merely a momentary drop but potentially the onset of a more extended bear market phase. Such significant fluctuations foreshadow increased volatility, which is typical

Jupiter Exchange has recently made headlines by overtaking some of the giants in the decentralized finance (DeFi) landscape, establishing itself as a powerhouse. Generating an impressive $2.73 million in revenue within a mere 24-hour span, Jupiter now ranks second only to Tether, the stablecoin behemoth. This marks a significant achievement for the platform, especially considering

The legal conflict between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) has captured the crypto community’s attention for over four years. As both sides have advanced their arguments through various court proceedings, recent developments have sparked optimism that the case may finally be nearing resolution. The intensity of this case highlights significant

On February 25, Aya Miyaguchi made a significant announcement, marking her transition from Executive Director to President of the Ethereum Foundation (EF). This decision, which she reportedly made a year prior, signifies a pivotal moment in Ethereum’s evolution. Miyaguchi’s statement reflected her deep understanding of Ethereum’s complexities: “These past few weeks have illuminated something profound

The U.S. spot Bitcoin exchange-traded fund (ETF) market is facing a significant decline, characterized by a notable outflow of nearly $938 million in a single day—marking the highest daily exit since their inception. This staggering figure coincided with a downturn in Bitcoin’s value, dipping below $87,000 and reaching its lowest price point since November of

In a shocking turn of events, Bitcoin experienced one of its most turbulent days, witnessing a staggering decline exceeding 10%. This downward movement translated into a loss of approximately $10,000 in value, a significant shake-up not just for Bitcoin, but for the entire cryptocurrency market. Such extreme volatility triggered a colossal wave of liquidations, with

Bitcoin has faced significant turbulence recently, experiencing a steep decline in value that saw the cryptocurrency drop almost 13% in just a few days. From a staggering high of $99,400 on the 21st of February, Bitcoin plummeted to around $86,300, marking its lowest level in over three months. This dramatic downturn has raised questions about

In a significant development within the cryptocurrency investment landscape, Grayscale, the leading digital asset management firm, has taken bold steps towards securing regulatory approval for a cryptocurrency exchange-traded fund (ETF) focused on Cardano (ADA). This move, along with a proposal to transform its XRP Trust into an ETF, marks a pivotal moment for the company

In the past 24 hours, Bitcoin’s prices have experienced significant turmoil, plummeting to levels not seen since early January. The cryptocurrency has dipped to just over $90,000, marking a notable decline of over $9,000 from its recent high of $99,500 on Friday. This sharp drop has not only unsettled individual investors but has also raised

In an astonishing showcase of speed and capability, Berachain, the EVM-identical Layer 1 blockchain, has made significant strides since its Mainnet launch. Within a short span of just 20 days, Berachain’s Total Value Locked (TVL) soared to a staggering $3.27 billion, enabling it to outpace some of the industry’s giants like SUI, Avalanche, and Arbitrum.

In an alarming revelation within the cryptocurrency sphere, Infini, a stablecoin bank predominantly operating with USDC, has experienced a substantial security breach, leading to the theft of approximately $49 million. On-chain analysis uncovered that vulnerabilities stemmed from an exploiter exploiting administrative privileges that were improperly managed. This incident not only exemplifies the fragility of digital

Bitcoin has recently experienced a notable dip, falling below the critical 100-day moving average, which currently sits at $98,000. This movement suggests a concerning shift in market dynamics, as the cryptocurrency approaches the significant support level of $95,000. The contraction in trading activity signals a potential lack of enthusiasm among market participants, implying that Bitcoin

In recent weeks, the U.S. economy has shown signs of strain as various economic indicators paint a picture of uncertainty. Notably, the service-sector Purchasing Managers’ Index (PMI) has recorded its lowest level in over two years, suggesting that businesses are facing headwinds that could affect overall economic performance. Upcoming reports on Gross Domestic Product (GDP)

The cryptocurrency market is in a state of disarray as Bitcoin (BTC) has recently faced significant turbulence. After briefly sustaining price levels above $96,000 over the weekend, BTC fell below this vital threshold, marking a bearish sentiment that resonates throughout the crypto landscape. The volatility became apparent as BTC struggled to retain its value, experiencing

The cryptocurrency landscape is in a phase of constant evolution, and the introduction of a new decentralized stablecoin, known as USP, spearheaded by Reeve Collins, is a significant development. Scheduled for launch in the latter half of 2025, this endeavor aims to carve out a competitive edge against the established dominance of Tether (USDT). As

In recent years, a disconcerting shift has emerged in the landscape of financial fraud, particularly with the malicious phenomenon known as “Pig Butchering.” Traditionally, older adults were viewed as the primary victims of such scams, primarily due to their vulnerability and potentially limited understanding of technology. However, recent studies indicate that the demographic profile of

In the world of finance, few themes are as captivating as the contrasting fates of Bitcoin and gold over recent months. Traditionally viewed as a hedge against inflation and economic instability, gold has soared to unprecedented levels, nearing the $3,000 per ounce mark for the first time in history. In stark contrast, Bitcoin, the flagship

In the fast-paced world of cryptocurrency, trends can shift dramatically, and investor sentiment is notoriously fickle. The landscape for Bitcoin exchange-traded funds (ETFs) in the United States has recently taken a downward turn. February 2025 is shaping up to be a particularly challenging month for Bitcoin ETFs, as evidenced by significant withdrawals and a striking

The cryptocurrency market experienced significant turmoil last Friday, triggered by a staggering hack on Bybit that resulted in the loss of approximately $1.5 billion worth of Ethereum from one of its hot wallets. This incident led to a sharp decline in Bitcoin’s (BTC) price, which initially began the week hovering around $97,000. However, the fluctuations

In a noteworthy development, Standard Chartered Bank Hong Kong (SCBHK), Animoca Brands, and Hong Kong Telecommunications (HKT) have entered into a joint venture aimed at creating a stablecoin backed by the Hong Kong dollar. This collaboration reflects a crucial step towards integrating stablecoins into the region’s financial ecosystem, showcasing how diverse sectors can unite to

In a striking case of corporate embezzlement that shook the foundations of WeChain Fintech Singapore, former payroll staff member Ho Kai Xin was sentenced to an astonishing nine years and 11 months in prison. With her actions resulting in the theft of over $5.7 million, this case highlights the vulnerabilities in corporate financial systems, the