Stocks fell and bond yields slid on Tuesday in Asia with investors ducking for cover as new U.S. on Canada, Mexico and China took effect, threatening to escalate global trade tensions.The risk-sensitive Australian dollar slid and crude oil wallowed near 12-week lows, while bitcoin languished ar

Crypto markets have lost more than 12% or almost $400 billion since the Sunday peak, and one of the largest losers has been Ethereum.ETH pricescrashedto their lowest levels in 16 months, plunging 15% to $2,035 during early trading in Asia on Tuesday morning. The last time ETH traded below $2,000 was

Bybit CEO Ben Zhou confirmed that $280 million of the $1.4 billion stolen from the exchange has been laundered and is no longer traceable. Still, about $1.07 billion remains trackable, allowing investigators to continue their efforts to recover the funds.On March 4, Zhou provided an update on the mo

Scam centres that operated along the Thai-Myanmar border for years have drawn fresh attention after the high-profile abduction and release of a Chinese actor in Thailand.The incident sparked a multi-national effort among Thailand, China and Myanmar to dismantle the centres in a network of scam c

MegaETH, a high-performance Ethereum Layer 2 in development, has outlined a structured plan for rolling out its testnet.The project has scheduled its public testnet deployment to begin on March 6 — just a few days from now.The rollout is structured in phases. The testnet officially deploys on March

0856 GMT - Bitcoin falls as global trade war fears weigh on risky assets. President Trump imposed 25% tariffs on Canadian and Mexican imports along with an additional 10% levy on Chinese goods Tuesday. The news dents risk appetite and prompts bitcoin to retrace the previous day's gains after Trump a

Ether is testing levels not seen since November 2023, as the market continues to be hit by volatility resulting from U.S. President Donald Trump's trade war threat. ETH is down 15% in the last 24 hours, according to CoinDesk Indices data, dragging down the CoinDesk 20, a measure of the largest digi

Despite recovering from bearish lows following its recent uptick, a crypto analyst has predicted that the XRP price could undergo a further decline in its price to $1.5. The analyst has pinpointed a critical resistance level that XRP will need to hold lest it crashes to new lows and eradicates recen

By Angus BerwickLUGANO, Switzerland — Giancarlo Devasini, one of the world's newest billionaires, leads a reclusive life in this Alpine town. He stays in a modest apartment by the lake, strolls the cobbled streets with a black hoodie pulled over his head — and rages about the American rival he belie

Stocks slumped and bond yields slid on Tuesday in Asia as investors braced for an imminent escalation in a global trade war with new U.S. on Canada, Mexico and China set to go into effect within hours.The U.S. dollar remained depressed, with sterling holding close to a 1 1/2-month high and the

Bitcoin turns bearish as its weekend gains completely evaporate. Negative momentum was briefly halted thanks to Trump’s Crypto Reserve announcement, but the underlying macroeconomic problems remain.Trump’s tariffs against its closest trading partners are still set to go through, and the Federal Rese

Late at night on March 2, popular streamer Amouranth, whose real name is Kaitlyn Siragusa, made a series of posts on X saying she was the subject of a home invasion by robbers who “wanted crypto is what they were yelling.”In November 2024, Amouranth posted a screenshot from her Coinbase account show

CoinDesk Bitcoin Price Index is down $8420.71 today or 8.92% to $85936.55Largest percentage decrease since Aug. 5, 2024, when it dropped 9.77%Snaps a three day winning streakDown 8% year-to-dateDown 19.49% from its all-time high of $106734.51 on Dec. 17, 2024 (based on 4 p.m. levels)Up 26.92% from 5

Ethereum is down $416.01 today or 16.47% to $2110.01Lowest 5 p.m. level since Dec. 1, 2023, when it traded at $2091.25Largest percentage decrease since Nov. 9, 2022, when it dropped 17.17%Snaps a two day winning streakDown 36.92% year-to-dateDown 56.04% from its all-time high of $4800.00 on Nov. 9,

CoreWeave, an AI firm in close partnership with bitcoin miner Core Scientific (CORZ), filed for an initial public offering (IPO) today.The company is expected to raise $4 billion, with a valuation of more than $35 billion.Today's filing showed the company had seen $1.9 billion in revenue in 2024, re

The U.S. Securities and Exchange Commission has closed its investigation into prominent NFT company Yuga Labs, the firm said."After 3+ years, the SEC has officially closed its investigation into Yuga Labs. This is a huge win for NFTs and all creators pushing our ecosystem forward," Yuga Labs wrote o

The U.S. Securities and Exchange Commission's newly minted crypto task force will hold its first roundtable later this month as part of a series of meetings.The meeting titled, “How We Got Here and How We Get Out – Defining Security Status," will take place on March 21 in Washington D.C. at the agen

Bitcoin broke through the 61.8% retracement of Sunday's surge higher and is now only $2500 above when Trump tweeted about a strategic reserve including bitcoin and at least 4 other cryptos.Bitcoin intradayIt's a disappointing outcome but I highlighted that Trump's tweet had no money behind it, nor a

A district court judge dismissed a United States Securities and Exchange Commission’s (SEC) lawsuit alleging that Hex founder Richard Heart raised over $1 billion through unregistered crypto offerings and defrauded investors of more than $12 million. Heart, whose real name is Richard Schueler, was a

Bitcoin price plunged from $93,700 to $89,250 in under an hour on March 3, wiping out half of the previous day’s gains. The drop likely triggered panic among traders as S&P 500 index futures fell 1% following China’s announcement of retaliatory measures against the United States’ additional 10% imp