Fed Effect: Biggest Net Outflow Day for Bitcoin ETFs Led to Crash Below $96K
BTC’s price tumbled hard after Powell’s words on Wednesday evening. Bitcoin’s price actions in the past few days have been nothing short of a substantial correction that pushed it south…
Bitcoin Could Skyrocket by 25% in Days if History Repeats But There’s a Catch.
The crowd seems to be looking for proper buying opportunities. Bitcoin’s massive rise from under $70,000 to over $108,000 within a month and a half after Donald Trump’s landslide victory…
El Salvador’s $1.4 Billion IMF Deal Harms its Bitcoin Adoption.
The program is set to be presented to the IMF Board for approval by early February, provided the prior actions are fulfilled as agreed. After agreeing to curtail its ambitious…
Chainalysis reveals North Korea’s share of global crypto theft surged to 61%, with global losses hitting $2.2 billion this year.
In 2024, hackers associated with North Korea set a new record for cryptocurrency theft. Notorious for their advanced skills in malware deployment, social engineering, and crypto asset theft, these hackers…
390k WordPress accounts stolen from hackers in supply chain attack.
A threat actor tracked as MUT-1244 has stolen over 390,000 WordPress credentials in a large-scale, year-long campaign targeting other threat actors using a trojanized WordPress credentials checker. Researchers at Datadog…
Two cryptocurrencies with potential to reach a $10 billion market cap in 2025.
As 2024 nears its close, the cryptocurrency market is once again showcasing its dynamic and volatile nature, capturing the attention of traders and investors navigating shifting trends. Following a sluggish…
Stock market lost $1.5 trillion in a day; Crash imminent?
Wednesday, December 18, proved a particularly bloody day for the stock market as approximately $1.5 trillion was wiped from it before the closing bell. Prominent indices like the small-cap Russell…
Fed not allowed to own Bitcoin – Powell
Federal Reserve chair Jerome Powell reiterated the bank’s position on a Bitcoin reserve from an existing legal perspective. Speaking at a routine conference after announcing monetary decisions, Fed chair Powell…
Coinbase Fights Back Against BiT Global Lawsuit Over WBTC Delisting.
Coinbase justified delisting WBTC, citing concerns over BiT Global’s ownership structure and TRON founder Justin Sun’s involvement. Coinbase has issued a rebuttal to a lawsuit by BiT Global, a Justin…
Ohio Acts Just Like Pennsylvania, Texas in Pursuing State-Level Bitcoin Reserves.
Ohio joins states like Pennsylvania and Texas in exploring Bitcoin reserves to protect public funds and modernize financial strategies. Ohio State Representative Derek Merrin has introduced House Bill 703, known…