Author: driver789
Bitcoin’s price dropped below $75,000 today, its lowest level in nearly a year, as global crypto markets endured a sustained wave of selling triggered by broader financial stresses and shifting investor appetite. The bitcoin price has now retraced more than 40% from its all‑time highs reached in late 2025. According to Bitcoin Magazine Pro data, the one-year low for the bitcoin price is $74,747. Bitcoin is dancing near that number. Recent trading data showed Bitcoin price slipping through key technical support levels, driving forced liquidations across derivatives markets and intensifying downside price pressure. Over roughly the past 24 hours, around…
A single wallet on Hyperliquid holds a long position worth roughly $649.6 million in Ethereum (ETH), with 223,340 ETH entered at around $3,161.85, with a liquidation estimate near $2,268.37.As of press time, ETH traded around $2,908.30, and the liquidation threshold sits about 22% below that. This is far enough to avoid imminent danger but close enough to matter if volatility accelerates.The position has already bled roughly $56.6 million in unrealized losses and another $6.79 million in funding costs, leaving a cushion of about $129.9 million before forced closure.The same wallet made over $100 million during October’s crypto selloff, riding two…
Key takeaways:Ether dropped 28% in a week to $2,110 as investors cut risk and markets wiped out leveraged traders.Spot ETH ETF outflows reached $447 million as Ethereum network activity fell by 47%.Ether (ETH) plummeted to $2,110 on Tuesday, signaling fragility following a brutal 28% price correction over seven days. Investors retreated into cash and short-term government bonds as the tech-heavy Nasdaq Index also fell 1.4%. Traders worry that valuations have become overextended and overly reliant on the artificial intelligence sector. Sentiment soured after Nvidia (NVDA US) CEO Jensen Huang denied plans to invest $100 billion in OpenAI. Investors braced for additional…
The Spanish Red Cross (Creu Roja) has deployed a new blockchain-based aid distribution system, RedChain, that promises real-time donor transparency without exposing the identities of the people receiving assistance. According to a release shared with Cointelegraph, the platform, developed with Barcelona-based infrastructure provider BLOOCK and zero-knowledge credential firm Billions Network, aims to digitize “the entire aid lifecycle from donation to disbursement.”It replaces paper vouchers and prepaid cards with ERC‑20 aid credits issued on the Ethereum (ETH) blockchain, delivered to a mobile wallet that can be used at participating merchants via quick response (QR) codes. Beneficiary data, including names, contact information, and case…
In a bid to respond more “quickly to crypto failures,” such as the collapse of QuadrigCX, Canada’s top investment industry regulator rolled out a new digital asset custody rules tightening standards on digital asset custody.The industry-led Canadian Investment Regulatory Organization (CIRO) said its new Digital Asset Custody Framework is designed to allow it to respond more quickly to risks, including hacking, fraud, weak governance and insolvencies that have left investors exposed in past incidents.“Many of the expectations in the framework were developed in close consultation with [crypto-asset trading platforms] and their custodians and reflect practices already in place,” a CIRO…
Ethereum’s price crash continued its strong downward trend this week, reaching its lowest level since June 23 as the crypto market dive accelerated. Summary Ethereum price continued its strong downward trend this week. The network’s transactions and active users have soared in the last 30 days. Technical analysis suggests that ETH price has more downside to go in the near term. Ethereum (ETH) token dropped to a low of $2,180, down by over 54% from its highest level since August last year. This retreat has brought its market value to over $274 billion. Ethereum has crashed despite the ongoing network…
My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life. My parents are literally the backbone of my story. They’ve always supported me in good and bad times and never for once left my side whenever I feel lost in this world. Honestly, having such amazing parents makes you feel safe and secure, and I won’t trade them for anything else in this world. I was exposed to the…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure An inactive Ethereum whale has just re-entered the trading scene, withdrawing over $15 million worth of ETH in just a single day. Considering Ethereum’s slow price growth over the past few months and the whale’s sudden appearance despite being dormant for months, there could be a possibility of insider trading. Dormant Ethereum Whale Moves $15 Million ETH A sudden $15.14 million Ethereum transaction has caught the crypto market’s attention, with the move either driven by insider knowledge or simple strategic positioning. According to data from blockchain analytics…
Shares of Strategy plunged today, dipping more than 8% in trading as Bitcoin traded at new one-year lows and crypto risk assets came under renewed pressure. The decline pushed MSTR’s share price to levels not seen since late 2024, deepening a multi‑month downtrend that has left the stock among the worst performers on the Nasdaq this year. Bitcoin’s slump — dipping below key technical thresholds over the weekend and early week — has reverberated through markets, hitting crypto‑linked equities especially hard. Shares of major crypto platforms, like Robinhood and Circle also lost ground, highlighting the increasing correlation between Bitcoin prices…
BlackRock’s 2026 Thematic Outlook put Ethereum at the center of its tokenization thesis, asking whether the network could serve as a “toll road.”BlackRock stated that “of tokenized assets 65%+ are on Ethereum.”The framing pushes Ethereum into an infrastructure role rather than a directional call on ETH. A “toll road” model depends on where issuance, settlement and fee payment occur when real-world assets and tokenized cash move onchain. Related ReadingEthereum faces brutal “midlife crisis,” and the Foundation’s response reveals a shocking new realityA new comms lead, an institutions portal, and “Get in touch” CTAs suggest Ethereum thinks perception is becoming adoption.…