Crypto News

Bitcoin (BTC) continued to slide on Monday, hurt by not just by massive bearish price action in most of the rest of crypto, but also as U.S. stocks struggle to pull out of their recent downturn. Falling to about $93,900 as stocks closed, bitcoin is down 1.9% in the last 24 hours. Ether (ETH) is lower by 5.9% over the same time frame. The broader CoinDesk 20 Index is down 5.1%.Following last week's major declines, an attempted rally by the major U.S. stock averages failed Monday afternoon, with the Nasdaq closing down another 1.2% and the S&P 500 0.5%.The worst performer among the major cryptos was solana's (SOL), down nearly 10% over the past 24 hours and a whopping 41%...

Crypto exchange OKX has agreed to settle a DOJ investigation by paying over half a billion dollars after U.S. customers used its platform.Source link

KIP Protocol has released an official statement denying any involvement in the controversial LIBRA token launch. The company clarified that it did not initiate or profit from the project and is prepared to take legal action to protect its reputation. No Profits or Prior Knowledge of LIBRA Token Launch KIP Protocol has distanced itself fromSource link

Apple announced a massive four-year investment plan including a new Texas factory, as the tech giant tries to keep pace with AI research.Source link

Bloomberg reported that Citadel Securities, led by Ken Griffin, is planning to expand into cryptocurrency trading, capitalizing on President Donald Trump’s pro-crypto stance, which is expected to boost the industry. Previously cautious due to regulatory uncertainties, the firm aims to become a liquidity provider for cryptocurrencies and join major exchanges like Coinbase, Binance, and Crypto.com.Source link