Crypto News
Travala, Crypto-Native Travel Website, Said to Receive Unsolicited Takeover Approach
Travala.com, the holiday website that allows users to pay with cryptocurrency, is in talks with potential buyers after receiving an unsolicited takeover approach late last year, according to two people with knowledge of the matter.The Binance-backed company received an inquiry, triggering outreach by Travala's advisers to major online travel agencies such as Booking.com, one of the world's largest online travel companiesBooking.com "kicked the tires" before deciding to pass on a potential acquisition, said the people, who spoke on condition of anonymity because the matter is private. Talks, however, are in progress with other potential buyers, but there is no certainty a deal will be done and the company may choose to remain independent, the people said.Travala declined to comment. A...
AI Tokens Tumble After DeepSeek Shocks Artificial Intelligence Market
Crypto tokens tied to AI products, models, and memes have tumbled after DeepSeek took the industry by storm.Source link
All Eyes Were on Bitcoin and XRP
Last week XRP replaced tether (USDT) as the third largest cryptocurrency by market cap. As Trump’s inauguration approaches, anticipation of a crypto-friendly agenda—including regulatory reforms and a potential Bitcoin reserve— reached a fever pitch. This editorial is from last week’s edition of the Week in Review newsletter. Subscribe to the weekly newsletter to get theSource link
Bitcoin Plunges Below $100K Before Staging a Recovery: $90B Erased From Crypto Market in 24 Hours
Bitcoin’s valuation dipped to an intraday low of $97,750 during the pre-dawn trading hours on Monday, only to recover slightly, maintaining a position just above the psychologically significant $100,000 mark as of 8 a.m. Eastern Time. By 8:15 a.m., bitcoin stood at $101,240 per unit. Bitcoin Tumbles to Intraday Low of $97K, Sparks $900M LiquidationSource link
CoinDesk 20 Performance Update: UNI Plunges 14.4% Over Weekend as All Assets Decline
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 3657.28, down 7.0% (-274.43) since 4 p.m. ET on Friday.None of the 20 assets are trading higher.Leaders: BTC (-4.1%) and BCH (-4.9%).Laggards: UNI (-14.4%) and RENDER (-12.5%).The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.Source link