Crypto News

Crypto crashes as US trade war set to begin. Most liquidations ever at $2.3bn. ETH falls 35%, leads losses in majors. BTC dominance nears 4-yr high. February to see $3bn of unlocks led by SOL. Stablecoin TVL hits new record $218bn. HYPE leads altcoins on buybacks from liquidations. Asian crypto stocks plunge, led by Metaplanet. Crypto bubble will inevitably collapse: Elliot. BTC ETFs could pull in $50bn+ in 2025: Bitwise. MicroStrategy raises $563m to buy BTC. India reviewing crypto stance. South Korea’s BTC Kimchi premium at 3 yr high. Tether reports $13bn of profit. Utah could be first state to pass BTC reserve bill. XRP omitted from HK’s approved cryptos list. Coinbase acquires ads platform Spindl. UBS tests blockchain for...

Bitcoin faces short-term uncertainty following Trump’s tariffs announcement and a lack of retail dip-buying; however, institutional demand remains strong, driven by the growth of bitcoin spot ETFs and the futures market. Bitcoin’s Post-Halving Price Action Might Be Evolving The market reacted unexpectedly to the Trump tariffs despite widespread anticipation. According to Matrixport‘s latest market outlook,Source link

Crypto majors zoomed as much as 20%, before reversing, in the past 24 hours as a buy-the-dip strategy following Monday’s $2.2 billion turned profitable for risk-takers, although gains were wiped as China announced retaliatory tariffs on the U.S.The bump saw a pull back during the Asian morning hours as the deadline for the U.S. to impose additional tariffs on China passed without an agreement. XRP, dogecoin (DOGE), Solana’s SOL, and Cardano’s ADA are up nearly 3%. Bitcoin (BTC) and ether (ETH) are nearly 4% higher."The U.S.-China tariff conflict could decrease the appetite for risk assets and further impact the positive sentiment that has been fueling a bull market in the crypto industry over the past year," Ben El-Baz, Managing Director...

Gold reached a new all-time high as markets weighed the possible effects of tariffs and investors sought safer alternatives. The precious metal passed the $2,800 per troy ounce mark on Friday, reaching a record level of $2,850.9 on New York’s COMEX, inching it closer to the key $3,000 threshold. Nonetheless, prices subsided on Monday asSource link

The recent probe of Crypto.com and Kalshi's sports contracts all comes down to a single question — are event contracts premised on sports “gaming” within the meaning of the Commodities Exchange Act, said crypto lawyer Aaron Brogan.The Commodity Futures Trading Commission (CFTC) is probing the Super Bowl events contracts on Crypto.com and Kalshi, according to a Bloomberg report."If sports does not constitute gaming, then, given the CFTC’s current legal posture, the CFTC likely does not have the power to prohibit Crypto.com and Kalshi from self-certifying these contracts," Brogan told CoinDesk.However, all of this is a bit more complicated than it seems on the surface."This is a surprisingly thorny question, which was addressed in the Kalshi ruling," Brogan said, referring to...