President Trump reiterated his claim that he did not know who Binance founder Changpeng “CZ” Zhao was during an interview with CBS News. Trump granted Zhao a presidential pardon in October, nearly a year after the Binance founder pleaded guilty to violating the Bank Secrecy Act and served a four-month prison sentence. Trump told CBS’ […]
Trump tells CBS News he ‘doesn’t know’ who Binance’s Changpeng Zhao is Read More »
Major tokens slipped as much as 5% to start the week in the red, continuing the grim streak of recent weeks that culminated in the market’s worst October since 2015. Bitcoin BTC$107,531.65 was hovering near $106,000 in early trading Monday after briefly regaining $110,000 last week. Dogecoin and Cardano’s ADA fell 5%, leading to losses
Majors fall 5% due to profit-taking, gold falls Read More »
Bitcoin Price Today: Drops to $107,000 After Breaking 7-Year ‘Up’ Streak
Bitcoin Price Today: Drops to $107,000 After Breaking 7-Year ‘Up’ Streak Read More »
The US Federal Reserve (Fed) injected $29.4 billion into the banking system on Friday, sparking optimism on crypto social media. While the move aims to ease liquidity concerns and supports risky assets including Bitcoin, it is nothing out of the ordinary. The Fed injected billions in overnight repurchase operations, the largest since the 2020 coronavirus
Why the Fed injected a massive $29.4 billion in liquidity and what it means for BTC Read More »
Dogecoin slipped 2.3% to $0.1827 during Tuesday’s trading session, decisively breaking key support at $0.1830 as the whale distribution accelerated and long-term holders began exiting their positions. This decline occurred against a backdrop of deteriorating technical conditions and increased selling activity in large portfolios. News context DOGE rose from $0.1870 to $0.1827 over a 24-hour
Falls to $0.18 as ‘Death Cross’ Price Action Pops Up Read More »
XRP fell below the $2.50 mark during Tuesday’s session, falling 1.2% to $2.49 as repeated rejections at $2.55 confirmed strong resistance. The decline was driven by strong institutional activity, with volume surging 85% above the recent average as sellers consolidated their control at the upper end of XRP’s trading range. News context The digital asset
Chart Turns Neutral, Repeated $2.55 Rejections Set Next Breakout Zone Read More »
Hello, Asia. Here’s what’s making news on the markets: Welcome to Asia Morning Briefing, a daily summary of the top news stories during U.S. business hours and insight into market movements and analysis. For a detailed look at US markets, check out CoinDesk’s Crypto Daybook Americas. Bitcoin BTC$109,797.89 trading above $110,000 and Ether at $3,880
Cautious calm returns to BTC markets as traders replenish risk Read More »
Once again, the digital economy was caught off guard when Amazon Web Services suffered its second major outage this year on October 20, crippling exchanges like Coinbase and Robinhood as well as analytics service Coinmarketcap. It was followed by a second, more minor outage ten days later. According to Amazon’s initial report, the October 20
AWS outage shows why crypto cannot continue to rely on centralized infrastructure Read More »
The DEX token ASTER surged when Binance founder Changpeng Zhao (CZ) purchased around 2 million of them, sending a wave of speculative demand into the market. Investors interpreted the purchase as a signal of confidence from one of crypto’s most influential figures, and ASTER soared nearly 20% in response. The underlying project behind ASTER is
ASTER zooms 20% as Binance’s CZ buys 2 million tokens Read More »
This isn’t exactly news for frustrated Bitcoin BTC$110,468.62 Bulls risking assets across the planet have been posting what appear to be daily records for months, while BTC price action remains rather subdued. “What if everyone has the wrong view,” asks longtime traditional financial asset manager Jordi Visser in a widely shared weekend essay (1.5 million
Bitcoin (BTC) price analysis: patience and urges a long-term rise Read More »
