Around 86% of traders who own $LIBRA lost their investments, data from research firm Nansen revealed. What’s the Significance? This incident demonstrates how a national government’s endorsement can cause chaos in the crypto market, potentially influencing other regulators’ willingness to adopt blockchain-based applications. (Read more: Everything to Know About the $LIBRA Memecoin Scandal: From $4.5
Bitcoin financial services firm Fold Holdings has added 475 BTC to its treasury, bringing total holdings to over 1,485 BTC. This move solidifies its position among the top 10 U.S. public companies with the largest bitcoin reserves. Fold Expands Bitcoin Treasury to 1,485 BTC Fold Holdings, the first publicly traded bitcoin-native financial services company, has
After a long “interlude season,” the Telegram-based game Hamster Kombat announced that its second season of airdrop campaign has started, called the “HamsterVerse.” What’s the significance: A second season is another opportunity to earn $HMSTR while playing. What is HamsterVerse? In an X post, Hamster Kombat said that S2 is “not just a game—it’s a
Binance has been identified as the top cryptocurrency exchange for Nigerians due to its strong peer-to-peer (P2P) marketplace, which facilitates trading using local payment methods. Binance Stands out Despite Ongoing Dispute With Nigerian Officials Binance has been ranked the number one cryptocurrency exchange for Nigerians primarily because of its robust peer-to-peer (P2P) marketplace, which allows
Cathie Wood, CEO of ARK Invest, argues financial markets are underestimating the conclusion of a multiyear “rolling recession,” positing that fiscal reforms and technological innovation may spark a deflationary economic surge in late 2025. Cathie Wood Predicts Deflationary Boom Amid Rolling Recession’s Final Phase Cathie Wood highlighted the Federal Reserve Bank of Atlanta’s GDP indicator,
Bitcoin (BTC) experienced a volatile trading day on March 10, 2025, hitting a low of $76,600 before recovering slightly. Bitcoin Down 30% From Highs—Is This a Setup for the Next Rally? This marks a continuation of its recent downward trend, as the leading cryptocurrency has been undergoing a 30% correction from its all-time high of
The crypto market faced another round of heavy liquidations, with $751.15 million (₱43.2 billion) wiped out in the past 24 hours as Bitcoin and Ethereum extended their declines. Nearly 256,000 traders were liquidated, with a $5.07 million Bitcoin position on BitMEX marking the largest single liquidation. Quick Take delivers key facts fast—concise, clear, and easy to
On March 10, 2025, cryptocurrency and U.S. stock markets faced steep declines, with U.S. equities wiping over $1.75 trillion from Wall Street amid policy uncertainty, investor outflows, and external shocks. Billions have also exited the crypto economy. Global Markets Plunge: Trump Tariffs, Crypto Reserve Disappointment Drive Losses Wall Street’s screens flashed red Monday as U.S.
Thailand securities regulatory body legally recognised Tether ($USDT) stablecoin, unlocking new opportunities around Tether payments. Summary Thailand recognised Tether (USDT) stablecoin legally. The achievement of USDT may push USDT use in traditional payment services. $USDT is a top first-ranked stablecoin in the crypto market. Tether, a subsidiary of Bitfinex crypto exchange, manages all the financial
The second-largest cryptocurrency, ethereum (ETH), dipped to $1,809 on Monday, hitting a notable low. Meanwhile, the BTC/ETH ratio slipped under 0.24, a level not seen since February 2020. Bitcoin-Ether Ratio Taps Multi-Year Lows Ethereum is down 8% at the time of writing over the last day, and earlier it down 10% against the U.S. dollar