Crypto News
Crypto Will ‘Expand Dominance of U.S. Dollar,’ Trump Says
NEW YORK — With the U.S. government's help, the crypto industry will become a dominant in finance, U.S. President Donald Trump said Thursday.Crypto is "as big as you can get," he said during a five-minute taped speech at the Digital Asset Summit in Manhattan. Trump was met by a full room of attendees, many of whom entered the room just before his scheduled speech and who immediately vacated after he wrapped up."Pioneers like you will be able to improve our banking and payment system and promote greater privacy, safety, security and wealth for American consumers and businesses alike," he said. "You will unleash an explosion of economic growth."Trump noted that his administration has already stopped selling seized Bitcoin and has...
Bybit Founder Exposes Hack Flows: 86% of Stolen Crypto Traced to 9,117 Bitcoin Wallets
In late February, Bybit fell victim to a cybersecurity breach that drained over $1.4 billion in digital currency. Nearly three weeks later, on March 20, Bybit founder Ben Zhou released a comprehensive analysis detailing the attack’s mechanics and response protocols. Crypto’s Dark Maze Zhou revealed that the attacker exploited anonymizing tools—including Wasabi, Cryptomixer, Railgun, andSource link
Introducing Vatan Coin: A Game-Changer in the Cryptocurrency Space
This content is provided by a sponsor. Vatan Coin is rapidly gaining attention in the world of digital assets, positioning itself as a forward-thinking cryptocurrency built on the Ethereum blockchain. Launched just weeks ago, Vatan Coin has already shown impressive growth, capturing the interest of investors and blockchain enthusiasts alike. Why Vatan Coin Stands OutSource link
CoinDesk 20 Performance Update: Avalanche (AVAX) Drops 4.5%, Leading Index Lower
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.The CoinDesk 20 is currently trading at 2712.19, down 1.0% (-26.22) since 4 p.m. ET on Wednesday.Three of 20 assets are trading higher.Leaders: BCH (+1.0%) and LINK (+0.6%).Laggards: AVAX (-4.5%) and DOT (-3.7%).The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.Source link
Copper, Once Positively Correlated to Bitcoin, Nears Record High. Will BTC Follow Suit?
Copper, recognized as a reliable economic indicator for decades, is nearing record highs.Seasoned crypto traders may recall periods when bitcoin (BTC) and copper exhibited a strong positive correlation and may quickly draw bullish conclusions from the recent rally in the red metal. If that's not enough, BTC's best years have been characterized by a rally in the copper-gold ratio, which is beginning to rise. However, the latest copper rally is driven by factors other than positive cues from global economy, warranting caution while seeing it as a bullish indicator for risk assets, including BTC. According to ING, copper's year-to-date increase of 12% to $5.10 per pound on COMEX has been primarily driven by President Donald Trump's trade tariffs, which pose...