Category: News

Bitcoin experienced a sharp selloff yesterday, plunging below the critical $80,000 level and briefly touching lows around $74,400. The move has rattled investors and put bulls on the defensive, as bearish momentum continues to build across the crypto market. Despite the steep correction, analysts note that the long-term structure...

An account linked to ZKasino, a gambling platform that stole more than $30 million from its users in 2024, lost $27.1 million after closing a long position on Hyperliquid. According to on-chain data on Hyperdash, the scammer address behind the…...

Crypto markets are being shaped by the same macro forces that are spooking traditional financial markets, but their international and borderless nature provides a layer of protection, according to Offchain Labs co-founder and chief scientist Edward Felten. Speaking on CNBC’s…...

U.S. crypto stocks are set for a lower open on April 7 as Trump-led trade tensions drove a broad market sell-off.  Investors reacted to renewed concerns over U.S. tariffs and possible Chinese retaliation, pushing equity futures sharply down at the…...

Cap, a yield-bearing stablecoin protocol, shared Monday that it has raised $11 million in funding from big-name financial institutions including Franklin Templeton and Triton Capital. The total funding — announced at the close of a recent $8 million seed round — will be used to develop Cap’s stablecoin engine,...

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 2173.26, down 13.5% (-338.56) since 4 p.m. ET on Friday. None of the 20 assets are trading higher. Leaders: BTC (-8.4%) and ICP...

On April 7, crypto stocks across major Asian and European exchanges suffered steep losses, with Asian crypto stocks seeing double-digit declines. While European exchanges remain open at press time, crypto stocks there have already posted significant losses. In Japan, crypto-related…...

TL;DR The L2 blockchain solution hit a fresh target, but SHIB’s price plunged by 13% on a daily scale. Falling burn rates and rising exchange netflows hint at increased selling pressure for the meme coin, raising concerns of further downside despite the recent ecosystem milestones. SHIB Bleeds Heavily Despite...

South Korea’s National Pension Service (NPS), which manages 1,224 trillion won ($836 billion) in assets, plans to look at how a blockchain could be used in its fund transaction systems. The organization is weighing a shift to blockchain technology to boost transparency and security in managing its deposits, withdrawals...

The crypto market’s downturn, exacerbated by global tariff concerns, highlights its vulnerability to geopolitical tensions and economic policies. The post Bitcoin struggles below $77K, Ether, XRP, and Solana deepen declines ahead of US market opening appeared first on Crypto Briefing....