Crypto News

This week, as bitcoin soared to a record-breaking $108,364, Didi Taihuttu, the Dutch man who famously sold his house and nearly all his belongings for bitcoin (BTC) in 2017, shared a post on social media to reflect on the decision. $300K to $10M: How One Family’s ‘Adventurous’ Decision Changed Everything The world first heard aboutSource link

Crypto asset prices slid on Thursday, building on Wednesday's market-wide selloff spurred by Federal Reserve Chair Jerome Powell disappointing investors with his comments on U.S. interest rate cut expectations for next year.Bitcoin's (BTC) attempt to bounce back above $100,000 quickly faded earlier during the day and slid to the low-$97,000s during the U.S. day. Recently, it modestly recovered to around $98,000, but was still down 4.8% over the past 24 hours.Altcoins fared much worse, with the broad-market CoinDesk 20 Index diving more than 10% during the same period. Ethereum's ether (ETH) dipped 10.8% to below $3,500, while Cardano's ADA, Chainlink's LINK, Aptos' APT, Avalanche's AVAX and Dogecoin's DOGE all suffered 15%-20% losses. Notably, SOL sank to its weakest price since...

A pair of the largest publicly traded Bitcoin mining firms—MARA and Hut 8—added to their treasury reserves with $500M in collective buys.Source link

Crypto.com has announced an extension of its partnership with Formula 1, ensuring their collaboration continues through 2030. Formula 1 and Crypto.com Solidify Long-Term Collaboration Crypto.com, the cryptocurrency platform, which began its association with Formula 1 in 2021, highlighted this renewal as a commitment to fostering innovation and engagement in sports and technology. Since the partnership’sSource link

It's a bloodbath out there as Bitcoin leads a crypto crash, as assets like Ethereum, XRP, Solana, and Dogecoin show double-digit losses.Source link