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Digital credit market hit by record sell-off as Strive CEO blames leveraged liquidations

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The digital credit market suffered one of its strongest sell-offs to date on Thursday, Matt Cole, CEO of Strive Asset Management, describes the move as a leveraged sell-off rather than a sign of weakening credit fundamentals. Cole said it was “the toughest day in the history of digital credit,” in an article on Both products […]

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Microsoft identifies malicious ‘worm’ that hijacks crypto wallets and spreads via USB drives

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The wallet stealing component monitors the Windows clipboard, the hidden temporary memory used for copy-and-paste operations, approximately every 500 milliseconds. When a user copies a seed phrase from a crypto wallet or a private key for a Bitcoin or Ethereum wallet, the malware captures that data and sends it to the attacker’s server via the

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Bitcoin traders load bearish bets up to $52,000

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A hawkish Federal Reserve is supporting the U.S. dollar, Bitcoin ETFs have seen persistent outflows, and Strategy, the largest publicly traded Bitcoin holder, is facing increasing pressure. Strategy’s preferred stock, STRC, has plunged to record lows well below its $100 par value, complicating the company’s aggressive bitcoin accumulation strategy. Jeff Dorman, CIO of Arca, highlighted

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Bitcoin has been trading below its mining cost for five months, stifling miners

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Bitcoin has spent five straight months trading below what it costs to produce, stifling miners and forcing some to sell, JPMorgan said in a note. The bank pegs the cost of mining one bitcoin at around $78,000, well above the roughly $62,500 the asset currently fetches. The strain is showing and around 20% of miners

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Ripple-Linked Token Falls 3% After Losing $1.15 Support

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The The decline occurred on some of the session’s heaviest volumes and followed another rejection below the descending trendline that capped every recovery attempt for months. News context • XRP remains stuck between growing expectations for U.S. crypto legislation and a market that continues to prioritize technical levels over narrative. • Traders are also watching

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Bitcoin Falls Below $63,000 as Risk Assets Sell Off and Weekly Bounce Fades

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The pressure came from a broader market decline. Global stocks slipped in quiet holiday trading with U.S., Chinese, Hong Kong and Taiwan markets closed, and Asian shares fell 0.6% after five days of record gains. Brent crude was trading around $79 a barrel, down about 9% for the week, as shipping through the Strait of

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Ex-Celsius CEO Mashinsky Obtains US CFTC Ban in Final Resolution With Regulator

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Sanctions against Alexander Mashinsky, the former head of Celsius imprisoned until its high-profile collapse, continue with a formal ban on any ability to do business with the U.S. Commodity Futures Trading Commission or the trading exchanges it oversees. The derivatives regulator did not impose new fines on Mashinsky, who previously pleaded guilty to charges that

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Crypto market positioning ‘defensive and thin’ after Fed rate meeting, Marex analysts say

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The crypto market fell a day after the Federal Reserve expressed expectations that US interest rates would rise. Bitcoin BTC$64,521.11the largest cryptocurrency by market capitalization, was changing hands at nearly $63,900, down more than 1% in the past 24 hours. Other major tokens including XRP (XRP), ether (ETH), BNB coin BNB$575.53 and solana (SOL), recorded

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U.S. Agencies Seek Stable Customer ID Rules Similar to Banks in New GENIUS Act Rule

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These standards, according to the proposed rule, “shall include reasonable procedures for: (1) verifying the identity of any person seeking to open an account to the extent reasonable and practicable; The Fed opened a 60-day public comment period alongside other agencies as part of the joint effort, including the Office of the Comptroller of the

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