Crypto And Tech Stocks Tumble As JPMorgan Raises US Recession Odds to 40%
Financial markets took a sharp downturn on March 10, with crypto and tech stocks seeing significant losses as recession fears intensified. JPMorgan economists raised their US recession probability to 40%, up from 30% at the start of 2025, citing economic policy risks. “We see a material risk that the...
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Here’s When Bitcoin Will Bottom and What’s Next: Industry Experts Weigh In
Bitcoin has now corrected 29% from its all-time high of $108,786 on Jan. 20 to a 2025 low of $76,784 during early trading in Asia on March 11. Crypto investors and traders are panic selling again as sentiment turned sour, but this has all happened before in previous bull...
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Bank of Korea to begin CBDC test for 100,000 consumers: report
South Korea’s central bank is reportedly set to launch a real transaction test for its central bank digital currency this month, involving 100,000 consumers and seven banks. South Korea is set to begin real-world testing of its CBDC in March,…...
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Ethereum Double Trouble: ETH Prices Fall Below $1,800 Price Crash Amid Testnet Attack
Crypto market capitalization has tanked to its lowest point since early November with $240 billion getting wiped out over the past day. This has resulted in a 6% fall to $2.6 trillion as all post-US election gains have now been wiped out. Ethereum has taken the brunt of the...
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SBF’s political gamble on Trump is unlikely to pay off
SBF’s failed political maneuvering highlights the complexities and risks of seeking clemency through partisan alignment, impacting public trust. The post SBF’s political gamble on Trump is unlikely to pay off appeared first on Crypto Briefing....
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Texas introduces second Bitcoin reserve bill to allow $250M investment
Texas state lawmakers have introduced a second Bitcoin reserve bill that would allow the state Comptroller to invest up to $250 million in Bitcoin or other cryptocurrencies. On March 11, a document on the Texas state government site reveals another…...
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ELX crypto surges over 60% ahead of Bithumb listing, what is ELX?
ELX crypto surged by as high as 68% in the past 24 hours of trading ahead of a listing on South Korean crypto exchange Bithumb. According to data from CoinGecko, Elixir’s (ELX) rallied to an all-time high of $0.726 on…...
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Crypto may see ‘more turbulence’ due to macroeconomic and global concerns, analysts say
Bitcoin and altcoins remain at risk in the short term as macroeconomic and global concerns drive market sentiment, Santiment says. Crypto investors should brace for more turbulence ahead as major selling pressure from large Bitcoin (BTC) holders has pushed prices…...
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Bitcoin and Nasdaq Could Stabilize as Bull Positioning in Yen Appears Stretched
It may be a coincidence, but the recent decline in the Nasdaq and bitcoin (BTC) coincides with a sharp rise in Japanese government bond yields and the strengthening of the safe-haven Japanese yen (JPY), reminiscent of the market dynamics seen in early August. There could be a causation here,...
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$500 Million In Crypto Longs Gone As Bitcoin Crashes Under $80,000
Data shows the cryptocurrency derivatives market has witnessed a mass liquidation event as Bitcoin and other digital assets have plunged. Crypto Liquidations Have Exceeded $680 Million In Last 24 Hours According to data from CoinGlass, a large amount of liquidations have occurred on the derivatives platforms during the past...
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