Author: driver789
Bitcoin BTC$65 162,50 tumbled below $66,000 during early afternoon U.S. hours as this week’s crypto selloff accelerated into a bloodbath on Thursday.The largest cryptocurrency fell more than 10% over the past 24 hours to a session low of $65,156, according to CoinDesk data, the weakest level since October 2024 and below the 2021 peak.Feb. 5 could be one of the worst days in bitcoin’s history. BTC is on track to suffer its steepest one-day drawdown — 10.5% since midnight UTC at current prices — since Nov. 8, 2022, when the collapse of crypto exchange FTX sent BTC below $16,000 after a…
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…
Reports say an on-chain analytics account called Rand flagged a new milestone: crypto funds have recorded three straight months of outflows for the first time on record. Related Reading That streak stands out because it breaks the pattern of sporadic withdrawals and inflows that marked earlier market cycles. Many investors are watching closely. Outflows Reach A Historic Turning Point According to market watchers, the run of withdrawals covers both retail and institutional flows. Spot Bitcoin exchange-traded funds (ETFs) in the US have been a major focus, with inflows that were once enormous now trimming down. Some of the earlier gains…
Senator Cynthia Lummis (R-Wyo.) signaled that she would be open to meet with Treasury Secretary Scott Bessent’s office to explore potential clarity on Bitcoin taxation, including a de minimis exemption for small transactions and guidance on calculating capital gains. Lummis was one of the lawmakers who pressed Bessent today on digital assets and clear U.S. regulation. Bessent was speaking to the Senate Banking, Housing and Urban Affairs Committee about the Financial Stability Oversight Council’s annual report — essentially a high‑profile Senate hearing on U.S. financial stability where he is being questioned on economic policy and oversight issues. The hearings have…
The Aster decentralized crypto exchange (DEX) and perpetual futures platform announced on Thursday that its layer-1 blockchain testnet is now live for all users, with a potential rollout of the Aster layer-1 mainnet in Q1 2026.Several new features are slated for a Q1 launch, including fiat currency on-ramps, the release of the Aster code for builders and the upcoming L1 mainnet, according to the Aster roadmap.Aster will focus on infrastructure, token utility and building its ecosystem and community in 2026, according to the roadmap. Source: AsterAster rebranded as a perpetual futures DEX in March 2025 and is a direct competitor…
Bitcoin risks a deeper slide as miners and US spot ETFs cut BTC exposure, adding supply pressure during a fragile downtrend.Bitcoin (BTC) price dropped by more than 22.5% in the past week to $69,000 on Thursday, wiping out 15 months of gains entirely. However, the downtrend may not be over, according to veteran trader Peter Brandt.Key takeaways:Brandt says “campaign selling” is pressuring BTC, with miners and ETFs also cutting exposure.A potential bottom zone is near $54,600–$55,000. BTC/USD daily chart. Source: TradingViewBitcoin may drop another 10% as miners, ETFs cut BTC exposureBTC’s decline left behind a sequence of daily lower highs…
Sıcak Gelişme: ABD Hazine Bakanı Çin ve Kripto Paralardan Bahsediyor – BitRss – Crypto World News Coin-Turk 11 minutes ago 4 ABD Hazine Bakanı Bessent: Çin’in kripto para konusunda bir çalışma yapıp yapmadığını bilmiyorum. ABD Hazine Bakanı Bessent: Çin’in Renminbi dışında başka bir şey tarafından desteklenen kripto para birimleri geliştirdiği yönünde birçok söylenti var. Devamını Oku:Sıcak Gelişme: ABD Hazine Bakanı Çin ve Kripto Paralardan Bahsediyor Sıcak Gelişme: ABD Hazine Bakanı Çin ve Kripto Paralardan Bahsediyor yazısı ilk önce COINTURK üzerinde ortaya çıktı. BitRss shares this Content always with License. Read Entire Article Screenshot generated in real time with SneakPeek Suite…
In today’s newsletter, Glenn Williams Jr from ProShares writes about growing investment in cryptocurrencies outside of bitcoin.Then, Michael Sena from Recall Labs answers questions about portfolio construction and diversification in Ask an Expert.- Sarah MortonInvestors are broadening their crypto horizonsAs the number of cryptocurrencies has expanded, investor appetite for broader exposure has grown. From its start with a singular transaction in 2009, the crypto ecosystem has grown to support millions of daily transactions today, and crypto’s market capitalization has grown from essentially nothing to more than $3 trillion.Bitcoin, the asset at the heart of crypto’s early days, is still often…
Crypto markets are moving lower, but the broader picture remains one of caution rather than panic. Bitcoin and Ethereum have both slipped after weeks of subdued trading, while capital has not rotated into higher-risk assets. Summary Bitcoin and Ethereum are moving lower, but without signs of panic, as volatility expands only modestly from previously compressed levels. Ethereum continues to track Bitcoin closely, with no evidence of capital rotating into higher-risk assets or altcoins. Bitcoin dominance remains elevated, pointing to a defensive market posture and muted risk appetite across crypto. At press time, Bitcoin (BTC) was trading near $69,500, a level…
What to Know: Brazil’s new legislation mandates 1:1 backing for stablecoins, effectively banning algorithmic models to protect consumers and pave the way for the Drex digital currency. The regulatory squeeze on experimental assets is driving capital toward fundamental infrastructure projects that solve scalability and utility issues. Bitcoin Hyper ($HYPER) utilizes the Solana Virtual Machine (SVM) to bring high-speed smart contracts to Bitcoin, raising over $31 million in its ongoing presale. Whale activity confirms institutional interest in Layer 2 solutions, with significant on-chain purchases recorded in early 2026. Brazil is tightening its grip on crypto. New legislation advancing through the Chamber…