President Donald Trump announced 25% tariffs on European Union auto imports, pharmaceuticals, and semiconductor chips, citing a $350 billion trade deficit and vowing to address “unfair” EU trade practices. Bitcoin slid under a $84,000 following the news to a low of $83,337. Trump’s 25% EU Tariffs According to reports, the tariffs, set to take effect … Read more
Ripple Labs’ hopes to accelerate XRP Ledgers growth by leaning into institutional DeFi, including real-world assets (RWAs).
Bybit stated its infrastructure was unaffected in the $1.4 billion security incident involving compromised developer machine credentials at Safe Wallet, which enabled unauthorized transactions. Bybit Confirms Systems Secure After Safe Wallet Attack A forensic investigation into the breach revealed that attackers from the Lazarus Group accessed Safe Wallet’s systems by stealing a developer’s credentials, according … Read more
Key Takeaways: M2 money supply growth (delayed until early 2025) might indicate another surge in Bitcoin’s price. But experts advise caution, noting that Bitcoin’s price is determined by many economic factors, not just a single one. Historically, there has been a strong correlation between increases in global M2 and Bitcoin price appreciation. As ever in … Read more
The cryptocurrency sector is grappling with volatility, particularly following a notable downturn earlier this week. In this challenging landscape, two altcoins, Story and HYPE, have garnered attention for their impressive upward trajectories, creating fresh opportunities as the broader market falters. What Contributed to Story’s Surge?How is HYPE Performing in this Climate? What Contributed to Story’s … Read more
Bitcoin (BTC) recently hit a multi-month low near $85,000, sparking discussions about potential market manipulation and future price recovery. As pressure mounts from large-scale cash movements linked to the Bybit hack, analysts weigh in on market resilience amid volatile trading conditions. Cointelegraph reports that prominent traders believe that BTC’s current dip could represent a “deviation,” … Read more
Bitcoin appears on the verge of losing the $85,000 level, which could trigger a cascading liquidation event. Will bulls show up to buy the dip and defend a critical support level?
Analyst Ali Martinez observes a massive 95% drop in the active addresses of Dogecoin, signaling a sharp decline in network activity. Dogecoin’s price experienced a notable decline recently, with investors incurring significant losses. At the time of this writing, DOGE is trading at $0.213, marking a 5.17% increase in the past 24 hours. Despite this … Read more
BoA’s CEO said that pursuing innovative financial technology and maintaining physical branches are central to the bank’s business strategy.
Pump.fun, a Solana-based meme coin platform, experienced a suspected compromise of its official X account, @pumpdotfun, after user reports of scam token promotions linked to the breach emerged. Pump.fun Faces X Account Hack On Feb. 26, 2025, multiple X users flagged unusual activity on the account, including a post promoting tokens with contract addresses that … Read more