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Another $438M In Crypto Longs Gone As Bitcoin, Altcoins Pull Back
Data shows cryptocurrency derivatives exchanges have racked up liquidations as Bitcoin and other assets have gone through a price retrace. Crypto Liquidations Have Crossed $500 Million During The Past Day According to data from CoinGlass, a massive amount of liquidations have piled up on digital ass...
NewsBTC
54 minutes ago
Mapping The Bitcoin Bottom: Here’s How Low Price Could Go Before It Recovers
Bitcoin (BTC) could be gearing up for further losses, as a crypto analyst has issued a severely foreboding forecast. According to his analysis, Bitcoin’s current structure shows a predominantly bearish trend, with price expected to reach a bottom below $30,000 before any potential reversal to the up...
Bitcoinist
an hour ago
SEC taps Chainlink legal veteran as Grayscale builds 5M LINK position
The U.S. Securities and Exchange Commission hires former Chainlink lawyer Taylor Lindman.
Cryptopolitan
an hour ago
XRP Records Worst Weekly Drop Since 2022, Analysts Signal Possible Shakeout Before Q2 Move
XRP is facing one of its most difficult stretches in years, with price action, on-chain data, and derivatives activity pointing to a market under pressure. Related Reading: Ready For A 443% Dogecoin Move? The Meme Coin Just Touched A Historically Explosive Level After weeks of steady declines, the t...
NewsBTC
2 hours ago
Solana DeFi platform Step Finance to close operations following treasury hack
The Solana (SOL)- based decentralized finance (DeFi) platform Step Finance announced it will end all operations effective immediately following a breach that drained its treasury.
Solana
Fxstreet
2 hours ago
Trump-backed crypto stablecoin dips following 'attack,' quickly recovers
USD1 stablecoin briefly dipped below $1 benchmark, quickly recoveredWorld Liberty Financial says it repelled coordinated 'attack'By Lawrence DelevingneBOSTON, Feb 23 (Reuters) - The Trump family-backed crypto stablecoin, USD1, briefly dipped below its $1 benchmark price on Monday, to around ...
Reuters
3 hours ago
Bitcoin Wipes Out Gains, Sentiment Sinks To Historic Fear: Analysts
Bitcoin’s recent wobble has traders on edge, but the picture is not all one-way. Reports note heavy losses for late buyers, and on-chain figures show real money changing hands as positions are forced closed. Markets moved fast; the mood did too. Related Reading: XRP Flashes Rare On-Chain Signal That...
NewsBTC
3 hours ago
Has Wall Street Co-Opted Bitcoin? Bloomberg Expert Sparks Heated Debate
A thread sparked by Bloomberg ETF analyst Eric Balchunas reignited one of crypto’s oldest arguments: whether Bitcoin’s core value proposition has been diluted as institutional intermediaries take center stage. What began as a reflection on crypto’s real-world utility quickly turned into a pointed di...
Bitcoinist
3 hours ago
Wall Street regulator allows intraday trading of tokenized WisdomTree money market fund
WASHINGTON, Feb 23 (Reuters) - The U.S. Securities and Exchange Commission on Monday said it had granted a special request from the asset manager WisdomTree WT.N to allow intraday trading in tokenized shares of a money market fund, adding that this could speed settlement times and ease access for re...
Reuters
3 hours ago
Canaan Inc Acquires Cipher Mining's Interest In Multiple Operational Mining Projects
Feb 23 (Reuters) - Canaan Inc CAN.O:CANAAN INC. ACQUIRES CIPHER MINING'S INTEREST IN MULTIPLE OPERATIONAL MINING PROJECTS TOTALING ~4.4 EH/S IN WEST TEXASCANAAN INC: ACQUIRES 49% EQUITY INTEREST IN ALBORZ LLC, BEAR LLC, AND CHIEF MOUNTAIN LLCCANAAN INC - DEAL VALUED AT ABOUT $39.75 MILLION
Reuters
4 hours ago
Here’s All You Need To Know About The Bitcoin Price This Week
The Bitcoin price is currently consolidating near $65,000 on the weekly chart, with crypto analyst Doctor Profit warning that the market remains locked inside a broader bear market structure. In a “special Bitcoin report” released this week, the analyst reviewed past price movements and trends, asse...
Bitcoinist
4 hours ago
Solana (SOL) Loses Critical Support as Crypto Weakness Deepens, Fresh Lows Ahead?
Solana’s (SOL) latest price decline is unfolding against a broader period of weakness across the digital asset market, with traders increasingly shifting toward risk-off positioning. Related Reading: Ready For A 443% Dogecoin Move? The Meme Coin Just Touched A Historically Explosive Level After week...
NewsBTC
4 hours ago
Metaplanet’s Simon Gerovich believes AI agents will hold Bitcoin as their primary store of value
Simon Gerovich, the CEO of Metaplanet, wrote on X that the acceleration of society to machine-to-machine commerce will lead to Bitcoin becoming a primary store of value. The Metaplanet executive was responding to the viral and equally ominous paper by Citrini Research, written from a June 2028 perspective. Citrini Research tells a grim story of […]
Cryptopolitan
5 hours ago
World Liberty Financial Says No WLFI Or USD1 Smart Contracts Or Wallets Were Hacked
Feb 23 (Reuters) - WORLD LIBERTY FINANCIAL: NO WLFI OR USD1 SMART CONTRACTS OR WALLETS WERE HACKEDWORLD LIBERTY FINANCIAL: ZERO SMART CONTRACTS WERE AFFECTED. ALL USD1 FUNDS REMAIN COMPLETELY SAFE, SECURE, AND FULLY BACKEDWORLD LIBERTY FINANCIAL: TODAY’S INCIDENT INVOLVED UNAUTHORIZED ACCESS TO CO-F...
Reuters
5 hours ago
Strategy boosts Bitcoin reserve in 100th purchase as QCP highlights declining selling pressure
Strategy stepped up its Bitcoin (BTC) holdings for the 100th time last week after acquiring 592 BTC, according to a Monday filing.
Bitcoin
Fxstreet
5 hours ago
World Liberty Financial Cites ‘Coordinated Attack’ — But Are There Deeper Issues?
World Liberty Financial (WLFI), the decentralized finance (DeFi) venture associated with President Donald Trump and his sons, said early Monday that it had been targeted in what it described as a “coordinated attack” involving its stablecoin, USD1. According to CoinGecko data, USD1 — which carries a...
NewsBTC
5 hours ago
Crypto.com gets conditional US approval for national trust bank charter
Feb 23 (Reuters) - Crypto.com said on Monday it has received conditional approval from the Office of the Comptroller of the Currency for a national trust bank charter, paving the way for the digital assets firm to become a federally regulated custodian.The approval comes as the U.S. adopts a markedl...
Reuters
5 hours ago
World Liberty Financial draws unwanted attention after ZachXBT teased an upcoming investigation report
World Liberty Financial has accused critics of targeting a “coordinated attack” against its USD1 stablecoin. This news follows speculation that the Trump-backed crypto project could be the target of an upcoming insider trading investigation conducted by popular blockchain detective ZachXBT. The allegations surfaced after ZachXBT posted on his X account that he would release a […]
Cryptopolitan
6 hours ago
Expert Says Something Big Is Brewing With Ripple’s XRP And RLUSD, Here’s What
Fresh commentary surrounding XRP and RLUSD from crypto media figure Paul Barron has put Ripple back in focus. According to Barron, internal research indicates that a significant development is forming around both assets, with regulatory momentum from the proposed Clarity Act serving as the catalyst....
Bitcoinist
6 hours ago
Expert Crypto Trader Predicts The Exact Year Bitcoin Will Reach $250,000
Bitcoin’s long-term price outlook is a major talking point, with veteran trader Peter Brandt recently floating a bold timeline for when the leading cryptocurrency could hit $250,000. The comment came in response to a chart shared on X by NBA legend Scottie Pippen, who showed how Bitcoin’s current st...
NewsBTC
6 hours ago
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