Bitcoin (BTC) is currently trading 13% below its record high of around $108,000, the most since President-elect Donald Trump won the U.S. election in early November. Since then, the largest cryptocurrency has spent several periods at 10% below the record,…
Bitcoin’s value slid early Monday, dipping beneath the $94,000 mark. In the past 24 hours, a combined $271.22 million in crypto positions—both short and long—have been cleared out. The leading digital asset, bitcoin (BTC), has dropped 2.1% against the U.S.…
The crypto industry witnessed losses totaling $1.49 billion in 2024 due to hacks and fraud, marking a 17% decrease from 2023. According to a report by blockchain security platform Immunefi, hacks were overwhelmingly the primary cause, accounting for $1.47 billion…
The U.S.-listed spot bitcoin (BTC) exchange-traded funds (ETF) registered record outflows Thursday and the CME futures premium dropped into single digits in a sign of weakening short-term demand. Investors ended a 15-day streak of inflows by withdrawing a net $671.9…
In a surprising twist of debate, Elon Musk has commented on the ongoing speculation surrounding the fate of Sam Bankman-Fried (SBF), the disgraced founder of FTX, on getting a pardon. In response to an X post about Bankman-Fried’s past as…
MEXC, the world’s leading cryptocurrency exchange, achieved outstanding results in November. Its derivatives trading products are experiencing unprecedented growth, propelling the platform into the top five global cryptocurrency derivatives exchanges by trading volume. This milestone underscores MEXC Futures’ dominant position…
Billionaire blockchain visionary and Cardano co-founder Charles Hoskinson is planning to meet Democratic Senators to push for bipartisan crypto agenda. In a post on X, Hoskinson noted that he will have talks with Senators, including Pennsylvania’s John Fetterman, to make…
Securitize, the brokerage behind the tokenized BlackRock US Dollar Institutional Digital Liquidity Fund (BUIDL), has proposed adding BUIDL as collateral for the Frax USD stablecoin. The proposal, submitted as a Frax Improvement Proposal (FIP), highlights the advantages of leveraging BUIDL,…
President-elect Donald Trump has nominated Stephen Miran, a former Treasury official from his first administration, to lead the Council of Economic Advisers. By selecting Miran, Trump is bringing experienced leadership back to Washington to help shape economic policy. “Steve will…
US President-elect Donald Trump has appointed Bo Hines, a former North Carolina State and Yale football player, to spearhead the new Crypto Council. Announced Sunday, Bo Hines will onboard as executive director of the Presidential Council of Advisers for Digital…