Powell downplays recession fears but hints at stagflation risks amid Trump policy uncertainty. Stablecoin market to soar to $2T by 2028, per Standard Chartered, boosting dollar dominance and financial innovation via U.S. legislation and Circle’s model. Semler Scientific reports $41.8M unrealized Bitcoin loss in Q but remains committed to its crypto strategy, holding 3,182 BTC and planning to acquire more. Crypto trader named James Wynn, who gained attention recently opening a $1.1 billion BTC long bet with 40x leverage on the Hyperliquid exchange, also slipped underwater on the massive position. Currently, the trader is sitting on $7.5 million of unrealized losses, and the position could be liquidated if BTC slips to $102,000, according to a screenshot shared on X.
But its potential to suddenly plummet in value serves as a reminder that it is not like orthodox currencies – and investors have no protection or recourse if they lose money on Bitcoin investments. Dan Coatsworth, investment analyst at AJ Bell, described it as a “magic moment” for the cryptocurrency and said it had a “clear link” to Donald Trump’s election victory. Bitcoin whale’s $400M short holds firm at 40x leverage as BTC stays above $80K, reflecting resilience amid U.S. economic risks and market volatility. The tariff war has disrupted Treasury markets, igniting inflation fears and redefining safe havens, positioning Bitcoin to potentially hit new highs. Bitcoin’s recent volatility reflects broader risk asset fatigue, with potential for a rebound driven by risk asset recovery and positive Bitcoin-specific developments. Citi predicts stablecoin supply to hit $1.6T-$3.7T by 2030, driving Bitcoin to $190K-$475K.
Leading crypto firm Coinbase faces up to $400m hit from cyber attack
The country’s minister of state for blockchain and crypto announced the plans in the U.S. on Wednesday. Those funds will be stocked with coins forfeited to the federal government as part of criminal or civil proceedings. Meme coins are often used by speculators to make money or to allow fans to show support to a celebrity or moment in internet culture. “Coinbase will never ask for your password, 2FA codes, or for you to transfer assets to a specific or new address, account, vault or wallet,” it said. A report from research firm Chainanalysis suggests funds stolen from crypto businesses totalled $2.2bn in 2024. In a blog post, Coinbase said the criminals had gained access to “less than 1%” of its customer data, which they then used to impersonate the firm and trick people into handing over their crypto.
Cardano (ADA) Capped Below Resistance — Will Buyers Regain Control?
The original cryptocurrency emerged from cypherpunk ideals of privacy and decentralisation, inspired by previous digital currency attempts like e-cash and bit gold. Through various cycles of boom and bust, Bitcoin has demonstrated remarkable resilience, with its underlying blockchain technology remaining secure and operational without interruption. Latest news on Bitcoin (BTC), providing comprehensive coverage of cryptocurrency trading, price movements, adoption news, mining updates, and digital currency regulations.
- Whether you’re tracking Bitcoin prices or exploring cutting-edge Web3 projects, Crypto News Land delivers insights that matter.
- Before the emergence of crypto exchanges, Bitcoin transactions weren’t easy, PayPal was one of the primary methods used to buy and sell Bitcoin.
- Cryptocurrency passive income revolution in 2025 Cryptocurrency is reshaping the global financial landscape and providing investors with new wealth channels…
- Cryptocurrencies like bitcoin offer traders full control of their funds without the need for a bank or permission from a government to buy, sell or hold it.
- Dogecoin is currently trading around critical levels, consolidating just below the key $0.25 resistance zone.
- Bitcoin ETFs have garnered over $2.5 billion in investments this week, coinciding with the cryptocurrency’s ascent to a new all-time…
Data shows the Bitcoin market sentiment has broken into the extreme greed territory following the cryptocurrency’s new high above $111,000…. Bitcoin ETFs have garnered over $2.5 billion in investments this week, coinciding with the cryptocurrency’s ascent to a new all-time… Bitcoin finally broke through its all-time highs this week, reaching $112,000 and holding firm above the key psychological level of…
Both tokens launched before the US https://ai-robert.com/what-channel-is-abc-on-spectrum-2025-guide/ president’s 20 January inauguration and quickly caught fire across crypto forums and political media. Bitcoin surged past $99,300 on Thursday, amid optimism surrounding US president Donald Trump’s anticipated trade deal with the UK. Crypto traders are increasingly bullish on bitcoin’s prospects amid mounting institutional demand. “Nice aggregate flush of long leverage and de-risk selling from spot,” well-followed crypto trader Skew noted in an X post early Friday.
Ethereum price is up 5%, reclaiming key resistance levels with daily trading volumes increasing by 12.46%, as bulls take charge ahead of $2.4B options expiry. The card, facilitated by crypto card enabler Baanx, offers users 1% cashback in bitcoin (BTC) or USDC on purchases, and the ability to directly deposit paychecks into the on-chain card account via bank transfer. Strategy, the largest corporate holder of bitcoin, has funded its latest acquisition through three different at-the-market programs.
Perhaps the most common way crypto-wealthy individuals try to prevent wrench attacks is by trying to stay anonymous. Using nicknames and cartoon avatars in social media accounts is common in the crypto community, even among top executives at popular companies. Wrench attacks are on the rise thanks in part to cryptocurrency’s move into mainstream finance, Phil Ariss of the crypto tracing firm TRM Labs said in a recent blog post. The latest milestone will likely contribute to a euphoric atmosphere when the president hosts a controversial dinner tomorrow for 220 of the biggest investors in $TRUMP, his very own cryptocurrency. AI Coin Render witnessed an 8% price drop to $4.5 after Coinbase announced its delisting of the Ethereum-based RNDR token, as investors panic sell in misunderstanding.
The incidents have raised concerns about the safety of those with cryptocurrency fortunes which could make them a target for criminals seeking ransom payments. Experts suggest several ways to mitigate the threats of wrench attacks, including using wallets that require multiple approvals before any transactions. AP correspondent Julie Walker reports on why so called ‘wrench attacks’ on wealthy crypto holders are on the rise.
Whether you’re a beginner or an expert, find the right partner to navigate the dynamic Forex market. Halvings are typically considered bullish events as they slash the block reward in half for miners, constricting the supply of the asset. The consolidation comes after a sharp uptick from the drop to 62% on May 14. Investors could consider capital rotation by selling BTC at a profit and channeling the proceeds to select altcoins like Ethereum and Cardano. Bitcoin dominance, which shows the percentage of BTC’s market share compared to altcoins, is moving broadly sideways, slightly above 64%, as observed in the chart below. The cross-border remittance token Ripple (XRP) suddenly broke its impressive 80-week inflow streak with $37.2 million outflows.
Leave a Reply