Bitcoin's recent volatility highlights how markets tend to overreact, especially in situations that can escalate, such as trade wars. The 6.5% drop in the S&P 500 since its all-time high on Feb. 19 might seem minor in absolute terms, but the potenti
âIn the midst of escalating trade tensions and economic uncertainties, investors are exploring alternative avenues to safeguard their assets. One such avenue gaining attention is cryptocurrency presales. Unlike established cryptocurrencies that are c
Both the bull and bear cases for cryptocurrencies revolve around Donald Trump being a fan. The immediate upside was evident when prices soared over the weekend after the U.S. president again floated the idea of a strategic national reserve and name-c
Ricardo Salinas, an outspoken Mexican billionaire, has revealed that his investment portfolio is mostly allocated to bitcoin , gold and shares in his companies.The Mexican billionaire, whose net worth is estimated to be around $5.8 billion, is a know
El Salvadorâs bitcoin dreams will now exist in a âconfinedâ manner as part of an Extended Fund Facility (EFF) arrangement, approved on Feb. 26 by the International Monetary Fund (IMF).The 40-month, $1.4 billion EFF arrangement is aimed at addressing
Today in crypto, the International Monetary Fund (IMF) has issued new requests under its $1.4 billion deal with El Salvador, aiming to restrict Bitcoin purchases by the public sector in the country, and the US Securities and Exchange Commission dropp
The total market cap of the 14 publicly-listed U.S. miners that Wall Street bank JPMorgan tracks dropped 22% in February as the bitcoin price declined and mining economics came under pressure.Bitcoin miners with high performance computing (HPC) exp
AI hyperscaler CoreWeave, which serves top firms â including IBM, Meta and Microsoft â officially filed for an initial public offering in the U.S. on Monday, aiming to raise $4 billion at a $35 billion valuation, pending agency approval.The IPO would
By Elsa OhlenBitcoin and other cryptocurrencies fell hard early Tuesday, all but wiping out the gains seen over the two days since President Donald Trump announced plans to create a strategic reserve of cryptos.Bitcoin is down 11% to $83,455 over the
In his latest blog post, titled âKISS of Death,â former BitMEX CEO Arthur Hayes outlines a provocative thesis on the trajectory of Bitcoin and broader financial markets under the renewed presidency of Donald Trump. Hayesâwho has long held bullish vie
Following bitcoinâs euphoric rally on Sunday, the leading crypto asset has returned to levels below the $84,000 range, recording a 10% decline in the last 24 hours. Market experts have attributed this decline to the lack of positive sentiment among U
Bitcoin and Ethereum traded lower today, reversing gains from a rally fueled by U.S. President Trump's crypto reserve announcement over the weekend, as investors weighed macroeconomic data and ongoing tariff uncertainties.Ether fell 14.7% over the pa
Bitcoin mining firm Hut 8 took $331 million in net income in 2024, according to the companyâs latest financial report. The firm benefited significantly from the rise in bitcoinâs price over the year.Hut 8 finished the year with a reserve of 10,171 bi
Hybrid layer-2 network BOB's mission to make Bitcoin the center of the decentralized finance (DeFi) universe continues through its integration with crypto custody firm Fireblocks.The integration means the over 2,000 entities using Fireblocks will get
Bitcoin surged to $95,000 after President Trump hinted at a strategic US reserve with XRP and other digital coins. Thereâs no reason for the government to own them. Alongside policy decisions on meme tokens and beyond, it undermines efforts to make t
The euro rebounded on Monday as hopes for a Ukraine peace deal improved along with prospects for tighter dollar-interest rate differentials ahead of a possibly pivotal steer on U.S. economic growth in the February payrolls report late in the week
Disclaimer: The analyst who wrote this piece owns shares of Strategy Strategy on Monday morning confirmed it did not purchase additional bitcoin in the week ended Sunday, keeping its total holdings at 499,096 BTC.Led by Michael Saylor, the company
Cryptocurrency exchange-traded products (ETPs) experienced the biggest weekly sell-off ever, with outflows reaching a record $2.9 billion last week.Amid three consecutive weeks of outflows, global crypto ETPs have seen $3.8 billion wiped out, Europea
TL;DRFiling the Bags AgainThe past 24 hours have been more than successful for the cryptocurrency sector, with the total market capitalization soaring back above $3.1 trillion. While Bitcoin (BTC) and Ethereum (ETH) have recorded substantial resurgen
By Joe WoelfelStock futures were rising modestly Monday after equities rallied Friday on the last day of February, a month that saw the S&P 500 drop 1.4%. A focus for traders will be the implementation of fresh tariffs on major trading partners Canad