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Tag: crypto

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Why is the crypto market up today?

The crypto market is up today, reflecting investors’ optimism for the de-escalation of the US-China tariff standoff and TOTAL’s strong technical setup. Key catalysts driving the crypto market up today include: Optimism over easing US-China trade-war tensions. A “short squeeze” in the derivatives market, with over $540 million in short liquidations in the past 24…
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Crypto, DeFi may widen wealth gap, destabilize finance: BIS report

The Bank for International Settlements warns that crypto and stablecoins may destabilize finance and widen inequality, urging stronger regulation in response. The growing adoption of cryptocurrencies may pose risks to the traditional financial system and exacerbate wealth inequality, according to the Bank for International Settlements (BIS). In an April 15 report, the BIS warned that the number…
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Crypto exec warns of ‘ELUSIVE COMET’ threat after losing 75% of assets

Emblem Vault CEO Jake Gallen says he lost over $100,000 in digital assets after a suspicious meeting on Zoom. The chief executive of non-fungible token platform Emblem Vault is warning X users to be wary of the video meeting app Zoom after a nefarious threat actor known as “ELUSIVE COMET” recently stole over $100,000 of…
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Traders longing ADA futures spike after Trump’s crypto reserve reveal: Bitrue

Trump plans to include ADA in a US strategic Bitcoin reserve, and futures traders are bullish. Longing Cardano futures has emerged as the fastest growing trade on Bitrue after President Donald Trump announced plans to add the altcoin to a US strategic cryptocurrency reserve, the crypto exchange said on March 3. As of March 3, Bitrue…
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Here’s what happened in crypto today

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Today in crypto, the Ethereum Foundation announces new leadership, US President Donald Trump will host the first White House Crypto Summit on March 7, bringing together industry…
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XRP price to $18K? — One crypto ‘research’ group says it’s possible

A group of analysts say various data points support an XRP rally to $18,000 per coin. Cointelegraph takes a closer look at the data. The speculative nature of cryptocurrencies personifies the idea that “anything is fair game” when it comes to valuation. These analyses can thread a thin line between being respectable or ridiculed. In…
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Bitcoin, crypto ‘dip buy hype’ is now at its highest level in 7 months

Traders on social media seem keen to buy the dip, but onchain analytics platform Santiment says this doesn’t necessarily mean it’s time to buy yet. Social media mentions of crypto dip buying have rocketed to their highest level since last July amid a crypto market rout that recently sent Bitcoin under $80,000. Santiment’s social sentiment…
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Crypto fear index reaches Celsius, Terra, 3AC collapse levels

The Index, which measures overall sentiment in the crypto market, has not seen levels this low since the collapse of multiple crypto firms in 2022. A key Bitcoin and crypto sentiment tracker, the Crypto Fear & Greed Index, has fallen to its lowest score in more than two years as Bitcoin plummeted below $90,000. On…
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Crypto market is seeing a ‘tactical retreat, not a reversal’ — Binance CEO

Binance CEO Richard Teng says that crypto markets generally ”bounce back with remarkable resilience” after volatility due to macroeconomic events. The crypto market’s drop after US President Donald Trump confirmed that tariffs on Canada and Mexico are going forward is only short-term and likely won’t last long, says Binance CEO Richard Teng. “It’s important to…
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Here’s what happened in crypto today

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Today in crypto, Bybit announced bounty program to recover stolen funds, Bybit fell victim to the biggest hack in crypto history, with North Korean hackers stealing over…
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