Tag: Digital Currency
Bitcoin Price Drops Below $59K with $230M Crypto Liquidations
Bitcoin's price recently fell below $59,000 due to concerns about potential sell pressure from Mt. Gox repayments and potential miner sales. This drop also affected other major cryptocurrencies such as ether and Solana's SOL....
German Bitcoin Sales See ‘Negligible’ $326M While Receiving Small CoinJoin Deposits
The German government's Bitcoin wallet recently received a small amount of Sats from a CoinJoin address, even as it continues its significant selling activity. According to on-chain data from Arkham Intelligence, the German government...
Bitcoin Price Drops Below $100K After Trudeau Responds to Trump’s Tariffs
Bitcoin's value has plummeted below $100,000 for the third consecutive day, marking a significant downturn in the cryptocurrency market. This drop comes in response to escalating trade tensions between the United States and its...
TRON DAO Launches TRON-Peg USD Coin: Borderless Transaction Solution
TRON DAO has recently introduced the TRON-Peg USD Coin, which serves as a borderless transaction solution on the TRON blockchain. This innovative cross-chain tool aims to simplify transactions across different platforms and enhance TRON's...
Bitcoin FOMO: Social Media Users Urging to Buy Sub-$66,000 Dip Bitcoin FOMO: Buy Sub-$66,000 Dip...
Keshav, a senior writer at NewsBTC, has been following the cryptocurrency industry closely since June 14, 2021. With a background in Physics from the University of Delhi, Keshav initially pursued a degree in Physics...
Bitcoin Decouples from US Stocks Amid Supply Challenges
Bitcoin has been facing a significant price drop, plummeting over 20% from its June highs above $70,000. This decline comes as Bitcoin decouples from surging US equities, with the 90-day correlation coefficient between Bitcoin...
Wholesale CBDCs: Major Central Banks Show Interest
The Bank for International Settlements (BIS) recently conducted a survey of central banks worldwide and found that a staggering 94% of them are actively exploring the development of central bank digital currencies (CBDCs). This...
Memecoin Moo Deng Price Surges After Robinhood Listing
Both tokens jumped on the news, adding to their already large gains this month. May 22, 2025, 9:27 p.m. Robinhood has added two Solana-based memecoins, Moo Deng and cat in a dog’s world, to its...
Bitcoin Price Retreats as Rising Interest Rates Impact Risk Assets
An already under pressure bond market took a further hit following a weak auction of long-term U.S. Treasury debt. May 21, 2025, 7:01 p.m. Bitcoin's surge to a fresh all-time record on Wednesday ran into...
Scam Founder Charged for Fraudulent Blockchain Scheme: $1M Investor Loss
Jeremy Jordan-Jones, the guy behind the failed crypto startup Amalgam, apparently lied to investors about some big partnerships with sports teams like the Golden State Warriors. Prosecutors are claiming that on May 21, 2025,...