Bitcoin and Altcoins See $450M Liquidations Amid Market Chaos
Cryptocurrency markets faced intense volatility as Bitcoin (BTC), Ether (ETH), and XRP reversed gains, leading to $450 million in liquidations for both bulls and bears. The turbulence followed fresh U.S. trade tariffs that rattled global markets. Crypto’s Wild Ride: Gains Wiped Out Bitcoin surged past $87,000 earlier in the week,
Avalanche Stablecoins Surge 70%, But AVAX Struggles—Why?
Avalanche’s stablecoin supply has soared by 70% over the past year, hitting $2.5 billion. However, despite this liquidity boost, AVAX has lost nearly 60% of its value, currently trading at around $19. The disconnect between rising stablecoin inflows and AVAX’s decline suggests that capital remains largely inactive in the DeFi
Google Warns: North Korean Hackers Target Solana Projects in Europe
A fresh wave of cyber threats is hitting European blockchain projects, with North Korean operatives posing as legitimate remote workers to infiltrate companies. Google Cloud’s latest report highlights a strategic shift in DPRK-backed attacks, which were previously focused on the U.S. but are now expanding into Europe. Fake Identities and
Russian Darknet Dominates Crypto Drug Trade with $1.65B Transactions
A new report by blockchain security firm TRM Labs has revealed that Russian-language darknet marketplaces accounted for a staggering 97% of all crypto-linked drug transactions in 2024. This dominance translated to $1.65 billion worth of illicit activity on Bitcoin and TRON networks—highlighting the growing role of cryptocurrency in underground economies.
Trump Family Expands Crypto Empire with Bitcoin Mining Venture
The Trump family is deepening its footprint in the crypto industry. Eric Trump and Donald Trump Jr. have announced a new Bitcoin mining venture, American Bitcoin, created through a merger with Hut 8, a major mining firm. This marks their third significant crypto project in a year, further solidifying their
MicroStrategy Expands Bitcoin Holdings with $1.92B Purchase
MicroStrategy (MSTR), led by Michael Saylor, has reinforced its position as the largest corporate Bitcoin holder, adding 22,048 BTC to its reserves. The latest acquisition, worth $1.92 billion, brings the company’s total holdings to 528,185 BTC, solidifying its aggressive Bitcoin accumulation strategy. Bitcoin Buy Fueled by Stock Issuance MicroStrategy funded
MetaMask Launches Crypto Card in Argentina: A Big Leap for Adoption
MetaMask, one of the world’s leading cryptocurrency wallets, has introduced a crypto card in Argentina, allowing users to spend their digital assets seamlessly. This move strengthens crypto adoption in the country, where economic instability has driven demand for decentralised financial solutions. Why Argentina? A Perfect Market for Crypto Argentina has
MicroStrategy’s 11% Drop: Is Bitcoin at Risk?
MicroStrategy (MSTR) shares fell sharply on March 28, dropping 11% to $289.41, sparking concerns about potential impacts on Bitcoin. As a company heavily invested in Bitcoin, MicroStrategy’s stock movements often reflect the cryptocurrency’s performance. However, this decline raises questions about market trends and Bitcoin’s resilience. MicroStrategy’s Decline: What Went Wrong?
Bitcoin Drops Below $84K as $115B Sell-Off Stuns Markets
The cryptocurrency market faced a sharp downturn this week, with Bitcoin (BTC) plunging below $84,000 after a $115 billion sell-off erased recent gains. Ethereum’s (ETH) performance also faltered, highlighting persistent macroeconomic pressures on risk assets. Bitcoin’s Sudden Decline Bitcoin, which was trading near $88,000 just a day earlier, tumbled to
Galaxy Digital Fined $200M Over Luna: A Pricey Lesson in Hype
Michael Novogratz’s Galaxy Digital has agreed to pay $200 million in penalties to settle civil claims with the New York Attorney General (NYAG) over its role in promoting the now-defunct Luna cryptocurrency. The settlement, announced alongside the firm’s Q4 earnings, closes a turbulent chapter in Galaxy’s crypto journey. $200M Settlement
