Wall Street's relentless rally came to an abrupt halt Friday as President Donald Trump's renewed tariff threats to China sent investors fleeing risk assets, triggering the biggest volatility spike in months and wiping out hundreds of billions
On-chain analytics firm Glassnode said Bitcoin futures open interest remains high, with traders on both sides getting caught in sharp swings as the market undergoes a leverage reset.
Bitcoin was trading at $121,276.67 at the time of writing, while Ethereum dipped to $4,332.97, and XRP fell 0.3% to $2.80, according to CoinMarketCap data.
Famed Bitcoin (CRYPTO: BTC) investor Roger Ver reached a preliminary agreement with the Justice Department to resolve a criminal tax fraud case against him, according to a report published Thursday.
The financial world is witnessing a monumental recalibration as the US dollar continues its significant depreciation against gold, a trend that began in earnest in 2021 and has accelerated dramatically, prompting market analysts to declare a "seismic shift" in global finance. Gold prices have surged to unprecedented highs, shattering the
Fintech company Block Inc. (NYSE:XYZ) said it will integrate Bitcoin (CRYPTO: BTC) into its Square point-of-sale system, enabling merchants to accept and stack the cryptocurrency from their daily sales.
Cipher Mining, Inc. (NASDAQ:CIFR) shares soared in Wednesday's after-hours trading as the Bitcoin (CRYPTO: BTC) mining firm confirmed the completion of the first phase of its ambitious Black Pearl data center.
Tyler Winklevoss, co-founder and CEO of cryptocurrency exchange Gemini, called California gubernatorial hopeful Katie Porter a cryptocurrency hater on Tuesday and a “protégé” of Sen. Elizabeth Warren (D-Mass.).
Leading cryptocurrencies slumped alongside markets on Tuesday, while gold surged to fresh highs, as the U.S. government shutdown entered its seventh day.
Risk sentiment is taking a breather after days of a relentless rally, with all major Wall Street indexes trading in negative territory and sharper declines hitting the most speculative assets, such as cryptocurrencies.
