Bitcoin's recent price drop has some folks scratching their heads, but not everyone is worried. Jordi Visser, a seasoned investor with over three decades of experience, has a different take. He thinks what's happening now is similar to what happens after a big initial public offering (IPO). Early in
A well-known crypto trader, famous for taking big risks, is making money again. This time, he bet against Bitcoin and won. His trade is up by about $50, 000. This is not the first time he has taken such a big risk. He has a history of winning big and losing big. Bitcoin's price has dropped below $1
Stream Finance had a really bad day. A fund manager they trusted lost a huge $93 million. That's a lot of money! This mistake caused a big problem for their stablecoin, xUSD. Stablecoins are supposed to stay at $1, but xUSD dropped to just $0. 26. That's a 77% drop! Not good. Because of this, Strea
Bitcoin's value has been on a wild ride lately. It's been dropping fast. Right now, it's below $104, 000. This has got people talking and making big bets on where it's headed next. Over on Polymarket, a platform for crypto bets, things are looking pretty gloomy. Traders there think there's a 71% ch
Bitcoin mining companies are making big moves into AI. IREN, a major player in Bitcoin mining, just signed a huge deal with Microsoft. The deal is worth $9. 7 billion over five years. IREN will provide Microsoft with powerful GPUs from Nvidia. These GPUs will be hosted in IREN's data centers. IREN
Bitcoin's early adopters are facing a tough decision. They once believed in keeping their own keys and controlling their own money. But now, they're starting to change their minds. Why? Because of something called "wrench attacks. " These are real-life threats where people are forced to give up thei
Tom Lee, a well-known Wall Street strategist, has become a key figure in the Ethereum community. His background in traditional finance has helped bring a sense of trust and credibility to the cryptocurrency world. Michael Saylor, a prominent Bitcoin advocate, recently praised Lee's influence, statin
Coinbase, a major player in the crypto world, is looking to spend big on a startup called BVNK. This move is part of Coinbase's plan to get more into stablecoins, which are cryptocurrencies tied to stable assets like the dollar. The deal could be worth around $2 billion and might wrap up by early 20
Coinbase had a stellar third quarter, raking in nearly $1. 9 billion in revenue. This is a big deal because it shows the company is bouncing back from earlier slumps. Trading volumes are up, and so are profits from other services like staking and custody. Plus, their Ethereum Layer 2 project, Base,
Bitcoin faces a potential threat from quantum computers, but the real issue might not be the technology itself. Experts warn that panic and misinformation could cause more harm than the actual quantum threat. The crypto market is highly sensitive to news and rumors, as seen in past incidents where f
