Key takeaways:President Trump’s One Big Beautiful Bill could add over $2.4 trillion to the US debt, accelerating a looming debt crisis and spiking inflation.Inflation and dollar devaluation remain the path of least resistance in the US economy, eroding the real value of cash and bonds.Bitcoin can of
CoinDesk Bitcoin Price Index is down $1947.90 today or 1.79% to $106827.33Down two consecutive days, down 2.49% over this periodUp 1.97% month-to-dateUp 14.36% year-to-dateDown 4.61% from its all-time intraday high of $111986.44 on May 22, 2025Up 60.45% from 52 weeks ago (June 13, 2024), when it tra
A Russian-born founder of a cryptocurrency financial services firm avoided having to spend any further time in a U.S. prison on Thursday for participating in a wide-ranging scheme to manipulate the market for digital tokens on behalf of his company's clients.Federal prosecutors in Boston had arg
Ethereum is down $172.57 today or 6.13% to $2642.96Snaps a six day winning streakUp 3.93% month-to-dateDown 20.98% year-to-dateDown 44.94% from its all-time high of $4800.00 on Nov. 9, 2021 (based on 5 p.m. levels)Down 23.95% from 52 weeks ago (June 13, 2024), when it traded at $3475.44Down 34.75% f
Key takeaway:Bitcoin price sits on a slippery slope as tensions in the Middle East and investors’ decision to cut risk threaten a drop under $100,000.Bitcoin reached a weekly high of $110,653 on Monday, but it is currently down 3.5%, dropping to a low of $106,600 on Thursday. Escalating tensions bet
Hong Kong Customs and Excise Department is partnering with the University of Hong Kong to develop a digital tool to track cryptocurrency transactions in suspected money laundering schemes.On Thursday, Assistant Commissioner Mario Wong Ho-yin said customs officials would expand collaboration with aca
What the August 2024 crypto crash revealed about global systemic risk Crypto markets sold off sharply in August 2024 in response to global macro dislocation caused by Japan’s fiscal crisis, underscoring their sensitivity to liquidity shocks and systemic risk.In the first week of August 2024, Bitco
According to market technician Cantonese Cat (@cantonmeow) a single metric—the 20-month simple moving average—could be the line that could separate another vertical rally from a gut-wrenching breakdown for Dogecoin. Currently, DOGE sits comfortable above that moving average, now plotted at $0.1751.
The Layer 1 blockchain XRP Ledger (XRPL) mainnet adopted the stablecoin USDC one week after its issuer, Circle, went public, marking further adoption of the world's second-largest stablecoin by supply. Circle's institutional stablecoin creation platform, Circle Mint, and its developer-focused Circle
The Canadian teenager was getting anxious. It was May 2024, and he was in Copenhagen, running out of money after leaving Moscow a week earlier. He’d booked the cheapest room he could find in the Danish capital, but the hostel was still more expensive than he’d expected. The teen, Laken
XRP has slipped above the descending trendline that had repelled every rally since February, yet derivatives positioning suggests the apparent breakout may still end with a shake-out, according to independent market technician CasiTrades. The four-hour Binance chart shows the token gravitating aroun
The Bitcoin price is slipping into a critical area following a decline in the previous buying pressure. Many traders and investors in the crypto market wonder if the top crypto will recover as confidence in a new Bull Market barely show signs of a recovery.Top Bitcoin Pundit: Watch Out For This Leve
1135 GMT - A weaker dollar, combined with an improvement in investors' appetite for taking risks, could help to lift bitcoin again, says LMAX Group's Joel Kruger in a note. Bitcoin falls 1.7% to 107,028 due to trade uncertainty and concerns about Middle East tensions. The DXY dollar index, which mea
Hong Kong Customs and Excise Department is partnering with the University of Hong Kong to develop a digital tool to track cryptocurrency transactions used in suspected money laundering schemes.On June 12, Assistant Commissioner Mario Wong Ho-yin said customs officials would expand collaboration with
Market conditions have shifted significantly. The easing of US–China tariff tensions and the cooling relationship between Trump and Musk have helped turn investor sentiment from negative to positive.However, this upbeat sentiment may be cause for concern compared to past market reactions. Let’s dive
By Dow Jones Newswires StaffStock markets had a muted start to Thursday, with U.S. stock futures down a touch, a narrowly mixed close in Asia and a weaker open across European markets.Elements driving risk-off sentiment included rising geopolitical tension and continuing concerns around U.S. trade p
Democratic Senators Elizabeth Warren and Richard Blumenthal probed Meta CEO Mark Zuckerberg on what they described as "troubling reports" that the Facebook parent may be renewing its stablecoin plans."Big Tech companies' issuing or controlling their own private currencies, like a stablecoin, would t
The Canadian teenager was getting anxious. It was May 2024, and he was in Copenhagen, running out of money after leaving Moscow a week earlier. He’d booked the cheapest room he could find in the Danish capital, but the hostel was still more expensive than he’d expected. The teen, Laken
French police have reportedly made more arrests in the abduction of a crypto entrepreneur’s father whose finger was severed as part of the ransom demands. The state-owned media outlet France 24 reported on Wednesday that police have arrested several people suspected of involvement in the kidnapping,
Crypto analysts are skeptical of veteran trader Peter Brandt’s recent speculation on X that Bitcoin could repeat its 2022 pattern and correct by 75%.“Never say never; it just feels very unlikely at the moment,” Swyftx lead analyst Pav Hundal told Cointelegraph.Peter Brandt says it “doesn’t hurt to a