With the Trump administration tightening customs controls, the cryptocurrency Market is experiencing significant turmoil. This has led to a sharp decline in prices, with Bitcoin dropping nearly 10% and Ether falling about 15%. The surge in tariffs on imports from Canada, Mexico, and China has caused panic among investors, raising doubts about whether cryptocurrencies can ...
David Sacks, the White House’s AI and Crypto Czar, revealed he sold all his holdings of Bitcoin, Ether, and Solana prior to joining the Trump administration. His divestment comes as the government seeks to establish the U.S. as a worldwide leader in cryptocurrency. Sacks will chair the upcoming White House Crypto Summit, which aims to ...
Cryptocurrency stocks and blockchain companies are facing a downturn in premarket trading as Bitcoin prices drop significantly. Bitcoin has fallen by 4.8%, trading at $80,271, more than 26% below its peak of $109,071. Other cryptocurrencies, like Ether, are also down, with declines of 6.2%. This drop in crypto values has been linked to recent negative ...
Bitcoin’s price dropped below $90,000 amid a tough economic climate and the fallout from major companies like FTX and Terra. The cryptocurrency fell by 6% to around $88,519, nearly 20% off its all-time high. Market analysts suggest that recent struggles in the stock Market have spilled over into Bitcoin, creating conditions for profit-taking. Although optimism ...
Bitcoin’s price fell below $95,500 on February 23, struggling to breach the $100,000 mark. The uncertainty continues, with analysts divided on whether it will hit a new high soon or drop to $85,000 first. Meanwhile, interest in altcoins is rising, as noted by CryptoQuant CEO Ki Young Ju, who claims that altseason has begun, driven ...
Bybit, a major cryptocurrency exchange, has experienced a massive hack worth $1.5 billion, making it the largest theft in crypto history. The hackers targeted Bybit’s cold wallet, which is supposed to be secure. Most of the stolen funds, predominantly in ether, were quickly moved and sold on various platforms. CEO Ben Zhou assured users that ...
Ether, the second-largest cryptocurrency by Market capitalization, closely follows Bitcoin but hasn’t yet reached its all-time high of $4,878 from 2021. Despite this, Ethereum is vital to the blockchain world, supporting thousands of decentralized applications, from decentralized finance (DeFi) to non-fungible tokens (NFTs). Its strong ecosystem and ongoing upgrades suggest that Ether has considerable potential ...
Major cryptocurrencies experienced significant declines as the trading week began in Asia. Bitcoin (BTC) dropped by 8%, trading above $93,100. Ether (ETH) fell nearly 20% to around $2,500, while Solana’s SOL decreased by 13% to $184. XRP saw a dramatic 28% plunge, now valued at $2. The CoinDesk 20 index, covering the largest digital assets, ...
Bitcoin started the week at around $90,000, experiencing a 4% drop and extending its weekend losses as investors sold off tech stocks. Since Saturday, Bitcoin has lost about 7%, with an overall decline of 11% in the past week. Ether also fell by 7%, and the broader crypto Market dropped over 6%, impacting major companies ...
In 2024, Ether had a slow start but gained momentum as it crossed the $4,000 mark in December, fueled by Bitcoin’s impressive rise. Ether outperformed Bitcoin by increasing 39% after the U.S. elections, partly due to optimism surrounding pro-crypto policies from president-elect Donald Trump. Key factors helping Ether bounce back include strong staking dynamics, stable ...
