Bybit Introduces Exclusive $1 Million Prize Pool for Stock-Themed Trading as Wall Street Enters Earnings Season
Bybit Introduces Exclusive $1 Million Prize Pool for Stock-Themed Trading as Wall Street Enters Earnings Season
Here’s why Bitcoin bulls should take a closer look at interest rates: Crypto Daily
Like Bitcoin BTC$66,011.27 is regaining its footing, optimism has returned to the market and several observers view the recent price rise as the start of a decisive bull run for valuations well beyond last year’s high of $126,000. But a retrospective examination of trends in Bitcoin and Nasdaq valuations, adjusted for the cost of capital
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Profit-taking and rising oil send Bitcoin (BTC) price down from its best levels in a month: Crypto Markets Today
The crypto market fell slightly on Wednesday, with bitcoin BTC$66,050.59 down about 0.9% since midnight UTC at $65,900 and ether (ETH) down 0.5% at $1,920. The pullback came after the largest cryptocurrency hit its highest level in more than a month on Tuesday, with some degree of profit-taking still likely. One of the major macroeconomic
Stablecoin Crashes 99% After Million Dollar Exploit Empties Its Bitcoin Vaults
Balance Coin, a low-circulation algorithmic stablecoin intended to maintain a peg to the dollar, crashed more than 99% on Wednesday after an attacker exploited a pricing flaw in the protocol behind it, according to blockchain data. The token, which was trading near its $1 level the day before, fell to around $0.0014, erasing almost its
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Bitcoin below $66,000 as traders wait for Alphabet results to gauge AI trading
Bitcoin traded near $65,900 on Wednesday, holding just below the two-week high it hit earlier, up 1.5% for the week, according to CoinDesk data. The pause matches the broader market, where a two-day rally in chip stocks stalled as traders awaited Alphabet’s results after the U.S. close. Nasdaq 100 futures fell 0.8% and South Korea’s
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AI models have escaped the OpenAI sandbox and hit Hugging Face. Crypto is where it gets dangerous
OpenAI detected the anomaly internally, while the Hugging Face team detected and contained it. He described the incident as “unprecedented” and said extensive security measures would be put in place to avoid untoward incidents that could impact public systems or services. “We are implementing strict controls in infrastructure configuration at the expense of speed of
Bitcoin at $66,300 as yen hits 40-year low against dollar
Bitcoin held steady near $66,300 on Wednesday, consolidating a two-week high, as the semiconductor rally that has driven crypto all month extended into a second session and the Japanese yen fell to its weakest level in four decades. The largest cryptocurrency was up nearly 1% on the day and 3% for the week, with about
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Crypto lobby group TDC sues Illinois to block digital asset tax
A crypto lobbying organization has sued the state of Illinois over a last-minute tax provision inserted into the state budget last month. TDC (also known as The Digital Chamber) alleged that Illinois’ digital asset tax law violated both the United States and state constitutions and was preempted by a federal tax law. The lawsuit, filed
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Crypto Clarity Act still at mercy of ethics section as Democrats balk at Trump deal
August 7 – the fast-approaching last day before the Senate’s summer recess – is seen as an important deadline to finalize the Clarity Act this year. Crypto insiders expect the bill to be introduced as early as early next week, which would be in line with what Senate Majority Leader John Thune previously indicated. The
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Bitcoin (BTC) price rally faces real test at $68,000 as ‘summer slumber’ grips crypto, analysts say
Spot market conditions improved after months of weakness, with U.S. spot bitcoin ETFs moving from persistent outflows to modest inflows. Nonetheless, the report cautions that demand has not yet fully recovered, with ETF flows and purchases by Bitcoin cash companies such as Strategy (STR) remaining well below levels seen earlier this year. Although bitcoin’s rebound