The altcoin and meme coin sectors incurred significant losses on Feb. 26, 2025, as investor apprehension over former President Donald Trump’s proposed EU tariffs sparked a widespread sell-off, with safe coin (SAFE) declining by 8.83%. Altcoins Plummet Amid Trump-EU Tariff Uncertainty Global cryptocurrency market capitalization dropped 3.16% to $2.78 trillion in 24 hours, according to …
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The price of bitcoin (BTC) dropped south of $84,000 as spot bitcoin exchange-traded funds (ETFs) posted record outflows. As of 2:30 p.m. (ET), the leading crypto asset is hanging below the $85,000 range at $84,378. ETF Exodus Weighs on Bitcoin, Price Slips Below $88K Bitcoin fell to a 3-month low over the last day, and …
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President Donald Trump announced 25% tariffs on European Union auto imports, pharmaceuticals, and semiconductor chips, citing a $350 billion trade deficit and vowing to address “unfair” EU trade practices. Bitcoin slid under a $84,000 following the news to a low of $83,337. Trump’s 25% EU Tariffs According to reports, the tariffs, set to take effect …
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MARA Holdings said it took a “strategic pause” to the first wave of AI to see how it shakes out but now appears ready to jump in.
Gemini co-founder and president Cameron Winklevoss said the decision marks another milestone to end the war on crypto but thinks the damage might have already been done.
A sharp drop in XRP’s open interest points to increasing bearish investor sentiment and a shift in traders’ focus.
A widely followed crypto strategist believes that Bitcoin (BTC) and crypto are due for a huge upside burst following a massive liquidation event. On Monday, the crypto market witnessed over $1.58 billion in liquidations, mostly levered long positions, within a 24-hour period amid a slew of bearish developments. Bitcoin itself plunged to a three-month low of …
The chief investment officer of crypto asset management firm Bitwise says the industry needs a new selling point now that memecoins are losing mindshare. In a new interview with crypto influencer Scott Melker, Bitwise CIO Matt Hougan says that North korean hacking group Lazarus attempting to launder funds from the Bybit hack through memecoin platform …
The capital markets firm Citadel Securities is reportedly planning on diving into the crypto sector. Bloomberg, citing “people familiar with the matter,” reports that the market maker aims to serve as a liquidity provider for crypto assets. Citadel Securities reportedly wants to become a market maker on a number of high-profile exchanges like Binance, Coinbase …
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An investigation into the recent Bybit hack has determined that the attackers most likely took advantage of a vulnerability in Safe, the crypto wallet that Bybit was using. Late last week, hackers linked to North Korea’s Lazarus Group pulled off what is believed to be the biggest heist in history, stealing $1.48 billion from Bybit’s …
DekaBank, a German investment bank with $395 billion in assets under management, is reportedly rolling out crypto trading services for certain clients. According to a new report by Bloomberg, DekaBank is now providing the purchase, sale, custody and management of cryptocurrencies for its institutional customers. Says DekaBank board member Martin Müller, “We have the necessary …
Binance refuted social media claims that it is offloading its Ethereum (ETH) and Solana (SOL) holdings. On Feb. 26, Binance’s customer support team addressed the speculation on X (formerly Twitter), stating that the exchange is not engaging in large-scale token sales. The firm clarified that it functions solely as a marketplace that facilitates transactions, with …
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Traditional financial giants Bank of America and PayPal are making bold moves in the stablecoin sector, signaling the rising institutional interest in the sector, which is worth over $200 billion. On Feb. 26, reports emerged that the Bank of America would introduce a stablecoin once the US regulatory landscape became apparent. At the same time, …
Ethereum co-founder Vitalik Buterin is advocating for deeper research into the Poseidon hash function as the network explores ways to improve zero-knowledge (ZK) proof efficiency. In a Feb. 26 post on X, Buterin encouraged cryptographers to participate in a security analysis program for Poseidon while quoting a message that extended the funding application deadline to …
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Tether CEO Paolo Ardoino discussed the company’s digital dollar, AI development, and brain-computer interfaces in an interview with Black Box, which he says is “probably the podcast I’m most proud of. It talks about… the risks for our society and humanity. ” Initially broadcast in his native Italian, Ardoino began by explaining how Tether uses blockchain to …
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