Pi Network: How A Viral Crypto Project With 60M Users Lost $18 Billion
Pi Network (CRYPTO: PI), a viral cryptocurrency project that attracted over 60 million users known as ‘Pioneers,’ saw its price crash to a record low during the ongoing crypto winter. It slipped to a record low of $0.1232, down by 96% from its all-time high of $3. This painful...
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Coinbase CEO Brian Armstrong Defends Bitcoin as the Price Crashes
Bitcoin (CRYPTO: BTC) and most altcoins like Ethereum (CRYPTO: ETH), Cardano (CRYPTO: ADA), and Ripple (CRYPTO: XRP) prices have crashed, erasing over $2 trillion dollars in value in the past two years. The crypto market crash intensified this week, with Bitcoin moving slightly below the key support of $60,000....
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Spot gold extends losses, falls over 3% to $4,336 per ounce as strong jobs data rattles markets
Gold’s decline highlights the impact of strong economic data on interest rates, affecting investment strategies and currency valuations globally. The post Spot gold extends losses, falls over 3% to $4,336 per ounce as strong jobs data rattles markets appeared first on Crypto Briefing....
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CoinShares reports $5.8B in outflows from digital asset products amid sentiment shift
The significant outflows highlight growing risk aversion, potentially reshaping digital asset market dynamics and investor confidence globally. The post CoinShares reports $5.8B in outflows from digital asset products amid sentiment shift appeared first on Crypto Briefing....
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Nvidia stock falls over 6% as jobs data and Senate scrutiny rattle investors
Nvidia’s stock drop highlights investor sensitivity to macroeconomic shifts and regulatory scrutiny, potentially impacting tech and crypto markets. The post Nvidia stock falls over 6% as jobs data and Senate scrutiny rattle investors appeared first on Crypto Briefing....
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Vladimir Putin rejects Zelenskyy’s call for peace talks, tells Russian army to press on
Putin’s rejection of peace talks signals prolonged conflict, impacting global energy markets, inflation, and investor sentiment. The post Vladimir Putin rejects Zelenskyy’s call for peace talks, tells Russian army to press on appeared first on Crypto Briefing....
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SpaceX IPO bars investors from China and Hong Kong over US export control rules
SpaceX’s IPO exclusion of Chinese investors highlights escalating US-China tech tensions, impacting global investment dynamics and tech access. The post SpaceX IPO bars investors from China and Hong Kong over US export control rules appeared first on Crypto Briefing....
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Treasury designates network facilitating Iranian LPG smuggling to Asia
The Treasury’s actions highlight the increasing global scrutiny and potential disruption of illicit energy trade networks, impacting international relations and compliance standards. The post Treasury designates network facilitating Iranian LPG smuggling to Asia appeared first on Crypto Briefing....
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OpenAI’s Mira Murati details boardroom battle over Sam Altman’s return as CEO
The OpenAI leadership crisis highlights ongoing tensions between mission-driven governance and growth-focused leadership in the AI sector. The post OpenAI’s Mira Murati details boardroom battle over Sam Altman’s return as CEO appeared first on Crypto Briefing....
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Strategy reports $13B loss, Bitmine $10B loss amid market decline
The significant losses highlight the volatility and risk of concentrating corporate treasuries in digital assets, impacting investor confidence. The post Strategy reports $13B loss, Bitmine $10B loss amid market decline appeared first on Crypto Briefing....
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