A market-wide crypto sell-off triggered $1.06 billion (₱61.8 billion) over 24 hours as Bitcoin slid below $97,400 and memecoins cratered amid fears of escalating U.S. trade wars. Quick Take delivers key facts fast—concise, clear, and easy to read. Perfect for busy readers. Key Takeaways: $1.06B in positions liquidated — 87% were bullish bets (longs). Bitcoin dropped 3.3% to 97,438; Ether fell to
The El Salvador congress approved a reformed Bitcoin Act which removes the currency status of Bitcoin in the jurisdiction of El Salvador. El Salvador is a popular Central American country known for its Bitcoin adoption strategies. Since 2021, under the presidency of the country’s president Nayib Bukele, the El Salvador government introduced multiple Bitcoin-focused initiatives
The United States’ significant tariff hikes against Canada, Mexico, and China may pose the biggest macroeconomic risk in 2025. A Lose-Lose Path U.S. President Donald Trump’s steep tariff hikes against his country’s three biggest trading partners may be the biggest macroeconomic risk in 2025 yet, a former researcher with Binance China has asserted. In a
Bitcoin mining has evolved from a niche hobby to a global industry, and Compass Mining aims to make it more accessible to individuals who want to participate but lack the means to do so. In a recent interview with Bitcoin News, CJ, Chief Revenue Officer of Compass Mining, shared insights into his journey with Bitcoin,
Web3 natives are used to enjoying X as a platform for communicating with others. Projects, founders, builders, traders, artists, you name them, all web3 natives have X accounts for Twitter spaces, discussions, educational threads, and more. To maximize what we do on X, there is now a platform that grants you crypto points for every
Top 5 Crypto Headlines: India To Impose 70% Penalty On Crypto Investors, Bitcoin Is Now Not Legal Tender In El Salvador, AI Tokens Downfall, Bitcoin Crashes Below $98k – Bitcoinik Home Altcoin News Top 5 crypto headlines: India to impose 70% penalty on crypto investors, Bitcoin is now not legal tender in El Salvador, AI
On Sunday, Feb. 2, 2025, the price of bitcoin fell below the $100,000 mark, reaching an intraday low of $98,141. Selling Pressure Sends Bitcoin Below $100K It is not an ideal day for the world’s leading crypto asset, which has declined about 3% against the U.S. dollar over the past day. The 24-hour intraday high
Senator Cynthia Lummis (R-WY) had previously asked the U.S. Marshals Service to explain what they’re doing with nearly 70,000 bitcoin seized from the Silk Road case, and now they missed the deadline to provide answers. The government agency’s silence on the matter raises uncertainty about whether they are making decisions “in the best interest of
ICP Hub Philippines Co-Founder Nelson Lumbres expressed optimism that blockchain adoption in the Philippines will grow in 2025, driven by web3 initiatives, AI integration, clearer regulations, and emerging markets. What’s the significance: Nelson Lumbres’ outlook stresses the growing blockchain adoption in the Philippines, inspiring the community to seize emerging opportunities. Nelson Lumbres Key Details: In
Elon Musk’s Government Efficiency Office (DOGE) gained access to the payment system of the US Treasury. Some people called it unethical, while crypto enthusiasts called it hypothetically an initial step to adopt blockchain technology at the government level. The Department of Government Efficiency Office (DOGE) is a new department established by Tesla CEO Elon Musk