Bitcoin’s Plunge Below $100K Wipes Out a Single Whale for $100M
After the quiet weekend, in which BTC stood primarily around $105,000, the asset’s price movements have turned sour, and it slumped to a weekly low of under $100,000. The altcoins have bled out even more heavily, with massive price declines from the likes of DOGE, XRP, ADA, SOL, and...
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ANALYSIS: AI Tokens Are the Real Losers of the DeepSeek Revolution
Artificial Intelligence (AI) tokens are in the red during the Asia morning trading hours, with the CoinGecko category down 9%, registering bigger losses than the CoinDesk 20 – a crypto index – which is down 5%. Crypto investors, like their traditional finance counterparts, are likely digesting the impact that...
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TRUMP Memecoin Draws Eyes, But Leaves Crypto Market Without Fresh Investment: Web3 Expert
While the TRUMP token brought considerable attention to the crypto market, it struggled to onboard substantial new capital. That’s the takeaway from the comparative analysis of TRUMP’s market cap versus the total value of the crypto market. The memecoin launched with significant impact last week, reaching a market cap...
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Ross Gerber Says X Account Hacked To Promote Tesla Scam Coin: Renowned Investor Says, ‘Possible It Was An Inside Job’
Veteran investor Ross Gerber revealed on Sunday that his X account was hacked by “sophisticated” cryptocurrency scammers to promote a coin linked to automotive giant Tesla. What Happened: Gerber, CEO of Gerber Kawasaki Wealth and Investment Management, thanked the X team, especially CEO Linda Yaccarino, for the quick resolution. Gerber told Benzinga...
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Bitcoin’s Scarcity Dismissed By Economist Peter Schiff: ‘Anyone With A Solana Address Can Create A Meme Coin With A Fixed Supply’
Noted economist Peter Schiff questioned the exclusivity of Bitcoin’s (CRYPTO: BTC) finite supply on Friday, claiming that such assets can be easily created using a Solana (CRYPTO: SOL) blockchain. What Happened: Schiff took to X to challenge the idea that the apex cryptocurrency’s “valuable digital property” thesis lies in its fixed...
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Ethereum Leads Blockchain Fee Revenue in 2024 with $2.48 Billion in Gas Fees
Ethereum topped all blockchains in fee revenue for 2024, generating $2.48 billion over the year. This strong performance in fees, however, contrasted with ETH’s price, which underperformed expectations during the same period. All in all, Layer 1 and 2 blockchains collectively earned almost $6.9 billion from transaction fees last...
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Bitcoin, Ethereum, Dogecoin Fall With Stock Futures Amid Trump Tariff War, DeepSeek Hype: Top Trader Predicts Bitcoin’s Upside To $122,000
Leading cryptocurrencies faced heavy sell-offs Sunday evening, mirroring the decline in stock futures. Cryptocurrency Gains +/- Price (Recorded at 8:30 p.m. ET) Bitcoin (CRYPTO: BTC) -2.81% $101,669.43 Ethereum (CRYPTO: ETH) -3.80% $3,203.23 Dogecoin (CRYPTO: DOGE) -7.07% $0.3299 What Happened: Bitcoin plunged from $105,000 in the afternoon to $101,000 by...
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Breaking Bad star’s X account hacked for memecoin scheme
Dean Norris, known for his role in the TV series Breaking Bad, had his X account hacked to promote a memecoin using his likeness, which hit a peak value of over $8 million....
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Bill Gates Says He Supports DOGE Department, But Doesn’t Want Elon Musk To Cut Off Certain Funding: ‘The Deficit Needs To Be Brought Down’
Microsoft co-founder Bill Gates offered his perspective on a range of subjects, including President Donald Trump’s reform task force and the Department of Government Efficiency on Sunday. What Happened: A Wall Street Journal interview revealed that Gates is in favor of the Elon Musk-led task force’s efforts to reduce...
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Bitcoin plummets below $102,000: Crypto market faces test of resilience
Bitcoin’s trajectory is rarely a smooth one, and its latest tumble is in stark contrast to what investors and traders expected on the heels of President Donald Trump’s inauguration. At last check, Bitcoin (BTC) traded at just above $101,000 Sunday…...
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