Tag: News

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Why crypto is getting ‘Trumped’ as Bitcoin price plunges to $60,000, forecasts Bloomberg analyst – DL News

Bitcoin extends losses dipping to nearly $60,000 on Friday.Analysts list three reasons why the top crypto is getting hammered.Bitcoin tumbled to nearly $60,000 on...

Controversial Bitcoin developer Gloria Zhao steps down as Core maintainer – DL News

Bitcoin Core maintainer Gloria Zhao steps down.Her resignation comes amid ongoing OP_RETURN debate.Zhao’s supporters say that alleged harassment contributed to her resignation.Gloria Zhao, a...

Crypto advocates call for calm after Bitcoin’s ‘volatile’ week ends in modest gains – DL News

Volatility in crypto markets is “nothing new,” says Coinbase chief.Crypto continues to “eat” traditional financial markets, expert adds.Hedge fund manager says Bitcoin will be...

Bithumb to write off $9 million in Bitcoin losses after giveaway gaffe – DL News

Finance regulators reportedly launch probe at Bithumb offices.Company to compensate traders affected by Bitcoin price drops.Bithumb mistakenly handed out $40 billion in Bitcoin.The...

Crypto treasury execs grit their teeth amid Bitcoin price bloodbath – DL News

Digital Assets at Duke UniversityExecutives at top digital-asset treasury firms weighed their future as major cryptocurrencies continued a brutal monthslong slide.Despite the latest crash,...

Bitcoin price crash brought on by these five reasons, says VanEck analyst – DL News

Bitcoin has fallen roughly 19% in the past week to a low of $60,000.Futures open interest has dropped to $49 billion from $61 billion...

BlackRock Bitcoin hits record $10bn trading volume as investors scramble for exit – DL News

The RoundupBlackRock's Bitcoin fund hit record volumes on Thursday.Outflows from US crypto funds topped $434 million.Reasons for the crash are myriad.A version of this...

Bitcoin recovers from brutal selloff — but these altcoins stay down – DL News

Bitcoin has recovered after dropping nearly as low as $60,000 per coin.Altcoins have continued to drop.Privacy coins were hit especially hard this week.After plunging...

Bitcoin president Nayib Bukele’s popularity soars in El Salvador – DL News

El Salvador’s leader Nayib Bukele is still very popular in the country.But Salvadorans aren’t happy with the Bitcoin experiment, according to a new survey.The...

Tether helped Turkish investigators by freezing half a billion dollars in crypto: report – DL News

Tether reportedly helped Turkish authorities freeze over $500 million in crypto.The stablecoin giant came to the aid of investigators in an illegal betting case.Tether...

Crypto firms raise $258m despite $2 trillion market drawdown – DL News

Cs pile on another $258 billion into crypto firms.Mature companies are winning more investment now, DefiLlama data shows.Top investors include Goldman Sachs, Citi, and...

Bitcoin’s price roars back over $70,000 following brutal selloff — experts say bottom is in – DL News

Bitcoin has regained some of its footing after briefly touching $60,000 on Thursday.The crash was prompted by a plethora of factors.Market watchers say Bitcoin’s...