Bitcoin has taken a nosedive, losing nearly half its value from its peak last October. It's now worth less than it was back in November 2024. This isn't just a small blip; it's a significant drop. Things started to go downhill in early February. A massive sell-off happened, wiping out over $2. 7 bi
The SEC is under fire for dropping crypto cases, including one against Justin Sun. Maxine Waters, a top Democrat, questioned SEC Chairman Paul Atkins about the agency's sudden change in direction. She pointed out that the SEC abandoned many crypto enforcement cases when Trump took office and replace
Bitcoin may already be sliding into a new “winter” period, even though its price looks strong on paper. The trend is not about the level of dollars per coin, but about a weakening push from buyers and a pullback from sellers. Recent data shows that the market is losing momentum: when $10 billi
Joe Lubin, the person behind Consensys, told a reporter that decentralized finance is as secure as conventional banking. He pointed out that big banks worldwide are losing trust and value, especially after crises like the one in Greece during the global financial downturn. In that event, people lost
Tether is the biggest holder of U. S. Treasuries, with about $135 billion in bonds. That makes it larger than countries like South Korea and Germany. The company earns huge interest by putting the money from people who buy USDT into these bonds. People or companies that want USDT send dollars to Te
The biggest crypto exchange, Binance, now owns almost nine out of ten units of a stablecoin that is tied to former U. S. President Donald Trump and his family. The coin, called USD1, was created by a firm linked to the Trump clan and is meant to stay worth one U. S. dollar. Binance controls about
Morgan Stanley has turned its eyes to two companies that once mined Bitcoin and are now turning their rigs into data‑center powerhouses. The firm has given Cipher Mining and TeraWulf “overweight” ratings, suggesting their shares could rise by more than 150% if the shift pays off. Cipher’s analyst
Bitcoin climbed from a low near $60, 000 to about $69, 000 this week, undoing the gains it had made after Donald Trump’s November 2024 election. \p The drop came during a broader sell‑off that saw the CoinDesk 20 index fall more than 17% in one week. Bitcoin lost roughly 16. 5%, while Ether, BNB an
The value of Bitcoin has slipped back to the level it was at before Trump’s victory, leaving many investors puzzled. A recent market dip shows that the cryptocurrency is still fragile, especially after the United States Federal Reserve may cut interest rates. After Trump announced a new chair
Sberbank is pushing forward with a plan to give loans backed by crypto and to work closely with the central bank on new rules that will make it smoother for borrowers. The bank tried out this idea back in January, giving its first bitcoin‑backed loan to IntelionData, calling it a pilot that could
