Tag: Crypto

El Salvador’s Nayib Bukele Defiant Amid IMF’s Bitcoin Accumulation Concerns: ‘It Won’t Stop Now, And It Won’t Stop In The Future’

El Salvador President Nayib Bukele reiterated his commitment to Bitcoin (CRYPTO: BTC) on Tuesday despite pressure from the International Monetary Fund to limit exposure to the apex cryptocurrency. What Happened: Bukele took to X to express his unwavering support for Bitcoin, saying “This all stops in April. This all stops in...
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20% of Stolen Bybit Funds ‘Gone Dark,’ Says CEO—Here’s How

Bybit’s CEO, Ben Zhou, has provided updates on the recovery of funds stolen during a major hack on the exchange. The incident, which occurred on February 21, involved approximately $1.4 billion worth of cryptocurrency, making it one of the largest hack on a centralized exchange in the crypto market....
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Bitcoin, Ethereum Gain, Dogecoin Flat As Trump Threatens More Tariffs After Retaliatory Action: Analyst Says ‘Bull Cycle Still Intact’ But Sentiment Won’t Improve Until…

Leading cryptocurrencies eked out narrow gains Tuesday even as stocks shuddered over tariff war fears. Cryptocurrency Gains +/- Price (Recorded at 7:45 p.m. ET) Bitcoin (CRYPTO: BTC) +0.72% $86,615.63 Ethereum (CRYPTO: ETH)                +1.51% $2,159.44 Dogecoin (CRYPTO: DOGE)           -0.36% $0.1976 What Happened: Bitcoin nearly touched $89,000 in the early evening...
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Mexican Billionaire Reveals 70% Exposure To Bitcoin And Related Investments

According to a Bloomberg report published on March 4, Mexican billionaire Ricardo Salinas has up to 70% exposure to Bitcoin (BTC) and related investments. The Bloomberg Billionaires Index estimates Salinas’ current net worth at approximately $5.8 billion. Salinas’ High Bitcoin Exposure BTC continues to attract high-net-worth investors, with Mexican...
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Effort to Kill IRS Crypto Rule Clears U.S. Senate Hurdle

Strong support from many Democrats helped win a victory for a U.S. Senate effort to erase a Biden administration crypto tax rule on Tuesday, clearing what may have been the most difficult hurdle toward eliminating the Internal Revenue Service’s new broker rule that was set to include decentralized finance...
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