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The declines follow a volatile week in global markets, which also saw sharp swings in gold and silver. While precious metals found buyers on Tuesday after recent losses, cryptocurrencies failed to gain support. Bitcoin and US stocks fell as rising tensions between the US and Iran prompted investors to seek safe assets.Bitcoin’s plunge casts doubt […]
Bitcoin fell as much as 2.8 percent, exacerbating a recent decline that has wiped out all of the year’s gains. | Photo credit: Dado Ruvic Bitcoin’s fall below $90,000 exacerbated a market sell-off during Asian trading hours on Tuesday, as investors dumped stocks and sought safety in government bonds. The cryptocurrency fell as much as […]
For years, crypto was a backwater for mergers and acquisitions as it slowly recovered from the 2022 market crash under the gaze of hostile regulators. | Photo credit: FLORENCE LO 21shares has spent years building its crypto franchise outside of Wall Street’s sphere of influence. From Zurich, it launched exchange-traded products that gave European investors […]
The impact of the weekend sell-off was significant. Ethena USDe, the third largest stablecoin, briefly lost its dollar peg. Binance, the largest digital asset exchange, experienced technical issues | Photo credit: bizoo_n Most major cryptocurrencies recovered from steep losses suffered during a brutal sell-off over the weekend as US President Donald Trump sought to allay […]
The weakness in the crypto market was already present on Friday. Cryptocurrency prices plummeted after US President Donald Trump said he would impose an additional 100% tariff on China and export controls on software. According to data from Coinglass, traders saw more than $7 billion in positions liquidated in less than an hour. Bitcoin initially […]
