A crypto market sell-off went from bad to brutal in European morning hours Monday as bitcoin pierced the $75,000 level — extending losses on major tokens to nearly 20%. Tokens XRP, solana (SOL), and dogecoin (DOGE) plunged over 5% in the hours
Roughly 10 weeks ago, CoinDesk discussed a double top bearish reversal pattern in bitcoin (BTC), warning of a sell-off to $75,000 in a move typical of a bull-market pull back. On Monday, the price dropped below that level as escalating trade tensions
Hong Kong’s securities regulator, the Securities and Futures Commission (SFC), laid out new guidance that would allow licensed crypto exchanges and funds to offer staking services in the city. Staking offers crypto holders a way of putting their digital assets to work
Crypto majors are reeling from a wave of volatility, with XRP, Cardano (ADA), and Dogecoin (DOGE) plunging below key technical support levels early on Monday. Macroeconomic uncertainty stemming from a global tariff war — dubbed an “economic nuclear war” by hedge fund
Beijing is said to be discussing front-loading monetary stimulus to counter the destabilizing impact President Donald Trump’s tariffs on the Chinese economy, according to data source Trade The News. The reports come a day after Trump said he won’t make a trade
CME’s bitcoin futures, considered a proxy for institutional activity, gapped lower Monday in a sign of bearish sentiment after President Donald Trump ruled out a trade deal with China. The futures contract due to expire on the last Friday of April began
Futures tied to major tokens saw over $840 million in long liquidations in the past 24 hours as a bitcoin (BTC) plunge led to losses among major tokens, with some falling nearly 14%. CoinGlass data shows that bitcoin traders betting on higher
Bitcoin (BTC) traded above $79,000 Monday morning Asia time as markets around East Asia opened to chaos and carnage as the global sell-off continued. The CoinDesk 20 (CD20), a measure of the performance of the largest digital assets, is down 8%. Hong
“Decoupling” and “safe haven” began to be used late last week as bitcoin (BTC) held its own despite the continuing tumble in stock markets in response to President Trump’s sweeping tariffs against U.S. trading partners. Bitcoin bulls, though, may have spoken too
Cathie Wood’s ARK Investment Management took advantage of the $5.4 trillion U.S. equities market sell-off and purchased over 83,000 shares of Coinbase (COIN), increasing exposure to the crypto exchange even as prices dipped sharply across the board. The total shares purchased were