The crypto market is experiencing a significant downturn this week, driven by growing concerns over a potential trade war and disappointment surrounding the US government’s crypto reserve plans. A recent interview with President Donald Trump, in which he hinted at the possibility of a recession, has
Orange coin nosedived as part of a wider (and brutal) US market selloff fueled by recession worries and rising inflation. ⚠️ Bitcoin Slumps to $78,000Bitcoin lost as much as 8% to kick off the trading week on Monday. Crypto bros followed stock bros and rushed to amid mounting concerns over the US
Bitcoin recovers some ground after hitting a four-month low overnight on widespread risk aversion over concerns about the economic consequences of President Trump's trade policy. Bitcoin continues to act like a risky asset amid rising recession bets, Swissquote Bank analyst Ipek Ozkardeskaya says in
The reporting of crypto scams in the United States is currently handled by a patchwork of agencies that should be streamlined to better protect consumers, says Coinbase chief security officer Philip Martin.“It’s a very fragmented ecosystem. Where do you report these things? Well, you go here, you go
Crypto and tech stocks saw large selloffs on March 10 as fears of a US recession heightened despite efforts from the White House to temper concerns. Economists at Wall Street investment bank JPMorgan have raised their recession risk this year to 40%, up from 30% at the beginning of 2025. “We see a m
Bitcoin and ether sank further on Monday night amid a broader market sell-off as investors continued to assess the impact of U.S. President Donald Trump's bitcoin reserve plan and anxiety over tariff policies and a potential recession.Bitcoin slid 5% below $77,000 at one stage tonight before recover
Defunct crypto exchange Mt. Gox moved 11,501 BTC, worth around $905 million, to an unmarked wallet address on Monday, according to Arkham Intelligence data.At around 8:15 p.m. ET, Mt. Gox transferred a total of 11833.64 BTC ($931.19 million), a majority of which were moved to the unmarked wallet "1P
Dogecoin is making waves in the crypto world once again, but not for bullish reasons. A staggering 360 million DOGE, valued at nearly $62.7 million, was recently moved to Binance, igniting widespread speculation among traders. However, the massive transaction has yet to impact the price of the meme
Stocks slumped globally on Monday, while U.S. bond yields dropped as investor worries about the potential economic slowdown were exacerbated after President did not rule out a recession resulting from his tariffs. MSCI's global stock index fell more than 2% for its biggest one-day drop since A
Ethereum is down $177.36 today or 8.66% to $1870.21Lowest 5 p.m. level since Nov. 5, 2023, when it traded at $1869.71Down four of the past five daysDown two consecutive days, down 15.53% over this periodWorst two day stretch since the two days ending Aug. 5, 2024, when it fell 15.74%Down 15.85% mont
Strategy (MSTR) shares have fallen 30% since its executive chairman and former CEO, Michael Saylor, was featured on the cover of Forbes, according to stock price data from Yahoo Finance. Between Jan. 30 and March 10, Strategy’s shares dropped from $340.09 to $238.25. The tumble includes a 17% declin
Today in crypto, Elon Musk's X platform has been targeted by a cyberattack, while crypto exchange-traded products (ETPs) recorded a fourth straight week of outflows, with $876 million in losses during the past trading week. Meanwhile, Utah’s senate has passed a Bitcoin bill — but without the origina
Bitcoin, the number one cryptocurrency by market capitalization, is facing market turbulence, but prominent trader CrediBULL Crypto remains unfazed.He argues that BTC’s correlation with traditional stocks is overstated, and maintains that the asset’s long-term trajectory remains intact.Bitcoin’s Cor
Deribit-listed bitcoin futures set to expire this Friday now trade marginally below the exchange’s index price, flashing a discount in a sign of weak demand for the cryptocurrency.“What we have seen is that near-tenor (7d and shorter) yields have dipped to the negative for the first time in over a
The tech-heavy Nasdaq led sharp losses among major U.S. stock indexes on Monday, plunging 4% to a near six-month low, on fears that U.S. President Donald Trump's tariff policies would spark an economic slowdown.The benchmark S&P 500 has fallen over 8% from its February high. The Nasdaq confirme
The X social media platform has been hit with a “massive cyberattack” that has prevented some users from accessing the site, platform owner Elon Musk confirmed on March 10.“We get attacked every day, but this was done with a lot of resources. Either a large, coordinated group and/or a country is inv
Acting U.S. Securities and Exchange Commission Chair Mark Uyeda said he directed the agency's staff to review a proposed rule change that would expand the definition of an "exchange" in a way that could potentially loop in decentralized crypto projects, marking the latest change the SEC has made und
The Texas Senate passed the Bitcoin strategic reserve bill SB-21 on March 6. This followed a debate in which State Senator Charles Schwertner, who introduced the bill, argued that it would help Texas add a valuable and scarce asset to its balance sheet. Amid fears of Bitcoin contending against the
Ethereum's ETH has been spiraling on Monday, jeopardizing a large decentralized finance (DeFi) loan on lending platform Sky (formerly Maker) of being liquidated.The borrower in danger took out a $74 million loan in DAI stablecoin by pledging 65,680 ETH as collateral, worth nearly $130 million earlie
By Vicky Ge HuangBitcoin was supposed to boom under a crypto-friendly Trump administration, but prices have tumbled 25% since hitting an all-time high on Inauguration Day.The largest cryptocurrency slid to about $79,000 on Monday, its lowest level since November, according to CoinDesk data. Ether, t