Category: News

An unidentified cryptocurrency whale injected millions of dollars in emergency capital to avoid a potential liquidation of more than $300 million in Ether as markets slumped amid renewed macroeconomic pressure. The whale is reportedly close to liquidation on a 220,000 Ether (ETH) position on MakerDAO, a decentralized finance (DeFi)...

A tumultuous week lies ahead, with global stock and commodity markets already reeling from Donald Trump’s trade war. Crypto market sentiment is deep in bearish territory as the selloff accelerates, and this could well continue over the coming week as March inflation data is released in the United States....

Is the Bitcoin bull run over? BTCUSD crashes below $80,000 as sellers dominate, erasing Q4 2024 gains. Will BTC bears dominate in Q2 2024? There has been a harsh shift in the Bitcoin and crypto markets. Despite high optimism and assertions by believers that the recent dip is just...

A major Ether investor has suffered a staggering $106 million loss after being liquidated on the decentralized finance (DeFi) lending platform Sky, as the price of Ethereum (ETH) plunged sharply on April 6. According to data from Maker Vaults explorer DeFi Explore and blockchain tracker Lookonchain, the investor, often...

Hong Kong’s Securities and Futures Commission (SFC) has officially authorized licensed virtual asset trading platforms to offer staking services. This move aims to reinforce the city’s status as a leading hub for digital assets in the Asia-Pacific region. The announcement was made on Monday, 7 April 2025,  in tandem...

Tether’s US-only stablecoin may become a reality sooner rather than later. Despite having $144 billion of tokens in circulation globally, Tether, the issuer of the world’s largest stablecoin (USDT), currently does not accept customers in the US. However, Tether’s US-exclusive stablecoin comes as a response to President Donald Trump’s vocally...

Global financial markets suffered a severe beating after US President Donald Trump made a sweeping tariff declaration, with cryptocurrency XRP being one of the assets that recorded sharp price falls. The digital currency dropped from $2.20 to $1.75 during widespread selling pressure in both conventional and crypto markets. Market...

Panic selling amid growing economic fears of Trump’s controversial tariffs accelerated in the past 12 hours, resulting in massive losses for BTC and the altcoins. The cumulative market capitalization of all digital assets dumped to a multi-month low of under $2.5 trillion on CG. BTC Slumps Hard The primary...

Financial markets are in a meltdown and every leg lower is strengthening expectations in the credit market that the Fed will soon offer support. Bitcoin (BTC), the leading cryptocurrency by market value, traded 8% lower at $75,800 and the U.S. stocks were on track for their worst three-day performance,...

TL;DR XRP tanked to a four-month low, with analysts warning of further declines due to the breakdown below key support levels. Despite the bearish outlook, the asset’s RSI has dropped to 18, deep in oversold territory, hinting at a potential short-term rebound. What’s Next After the Bloodbath? The entire...