The investment arm of stablecoin issuer Tether has acquired a $150 million stake in the precious metals platform Gold.com to expand access to tokenized gold. Tether said on Thursday that it acquired an approximately 12% stake in the company, which will integrate Tether Gold (XAUt), its gold-backed cryptocurrency, into Gold.com’s platform. Source: Tether Gold.com is …
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US Treasury Secretary Scott Bessent has told Congress that traditional and crypto banking products and services may be more intertwined in the future. Appearing before the Senate Banking Committee on Thursday, Bessent was asked by Republican Senator Cynthia Lummis whether there could come a time when conventional banks and crypto are offering the same types …
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Shares in crypto mining companies IREN and CleanSpark sank on Thursday as their earnings came in below Wall Street expectations and Bitcoin’s slide saw traders turn risk-off. Bitcoin (BTC) has fallen 12% over the past 24 hours to briefly touch a low of $60,000 early on Friday. Meanwhile, the crypto market capitalization fell by almost …
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Crypto market sentiment has slumped to its lowest level in over three and a half years amid Bitcoin falling by double-digit percentage points to a low of around $60,000. The Crypto Fear & Greed Index fell to a score of 9 out of 100 on Friday, indicating “extreme fear” in the market and hitting its …
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BlackRock’s spot Bitcoin exchange-traded fund (ETF) has reportedly seen an all-time peak daily trading volume as traders responded to Bitcoin’s rapidly crashing price. The iShares Bitcoin Trust ETF (IBIT) “crushed its daily volume record” on Thursday, with $10 billion worth of shares trading hands, Bloomberg ETF analyst Eric Balchunas said on X. Balchunas added that …
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Bitcoin price extended its decline to $60,000. BTC is down over 10% and might struggle to recover easily above the $70,000 resistance. Bitcoin is attempting to recover but struggling to clear hurdles. The price is trading below $70,000 and the 100 hourly simple moving average. There is a bearish trend line forming with resistance at …
Continue reading “Bitcoin Price Dumps Hard To $60K, Triggering Market Shockwaves”
Chart analyst Crypto Patel (@CryptoPatel) is arguing Dogecoin has returned to the same macro support band that preceded its last major cycle runs, framing the current $0.10–$0.06 area as a “re-accumulation” zone with upside targets extending as high as $4 if history repeats. Dogecoin Hits Key Demand Zone Again In a Feb. 3 post on …
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The XRP price is facing renewed selling pressure, even as Ripple announces another step toward deeper institutional integration with the decentralized finance (DeFi) ecosystem. Related Reading The token is trading near $1.42, down more than 10% over the past 24 hours, as market participants focus less on corporate developments and more on weakening technical and …
Reports have disclosed that Polygon closed the final quarter of 2025 with higher on-chain usage, driven by payments, stablecoin transfers, and tokenized assets. Related Reading While traders watched MATIC drift inside a narrow range, activity on the chain told a different story, one focused on payments, stablecoins, and quiet institutional adoption rather than price momentum. …
Continue reading “Polygon Hits $3.50 Billion In Payments As Crypto Activity Expands”
Crypto analyst Coinvo has revealed that the Bitcoin price has just hit a 15-year trendline following its latest crash to around $70,000. He declared this a buying opportunity, noting that the trendline has historically held on four prior occasions in past cycles. Bitcoin Price Hits 15-Year Trendline Against Gold In an X post, Coinvo stated …
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BlackRock’s spot Bitcoin exchange-traded fund (ETF) has reportedly seen an all-time peak daily trading volume as traders responded to Bitcoin’s rapidly crashing price. The iShares Bitcoin Trust ETF (IBIT) “crushed its daily volume record” on Thursday, with $10 billion worth of shares trading hands, Bloomberg ETF analyst Eric Balchunas said on X. Balchunas added that …
Continue reading “BlackRock’s Bitcoin ETF Hits Daily Volume Record of $10B”
The Bitcoin buying company Strategy reported a net loss of $12.4 billion in the fourth quarter of 2025, driven down by Bitcoin’s 22% fall over the quarter. Bitcoin (BTC) reached a peak high of $126,000 in early October, but tumbled over the quarter ending Dec. 31 to under $88,500. Bitcoin is down 30% so far …
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Key takeawys: Bitcoin fell below $63,000 as weak US job data and concerns over AI industry investments fueled investor risk aversion. Options markets show a 6% chance of Bitcoin returning to $90,000 by March. Bitcoin (BTC) slid below $63,000 on Thursday, hitting its lowest level since November 2024. The 30% drop since the failed attempt …
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A group of European tokenization operators has urged EU policymakers to swiftly amend the bloc’s DLT Pilot Regime, warning that current asset limits, volume caps and time-limited licenses are preventing regulated onchain markets from scaling as the United States advances toward industrial-scale tokenization and near-instant settlement. In a joint letter coordinated ahead of an upcoming …
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Bitcoin and crypto bull Tom Lee is offering an explanation for why his predictions on the year-end price of BTC have not come to pass. In a new note to clients, the co-founder and head of research at Fundstrat says the market has severely undervalued Bitcoin throughout the year, largely due to a “meltdown” in …
