Tag Archives: Crypto

Bitcoin’s Plunge Below $105,000 Sends Crypto Market Cap to Lowest Level Since July

Bitcoin’s Plunge Below 5,000 Sends Crypto Market Cap to Lowest Level Since July

In brief The total market cap of all cryptocurrencies fell 5.9% to $3.64 trillion Friday morning, its lowest level since July 2025. The sell-off was driven by a “flight to safety” amid fears over U.S. regional bank stability. Liquidations hit $1.09 billion as major altcoins slid, with BNB seeing the largest decline. The cryptocurrency market extended its losses on Thursday, …

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Bitcoin, Ethereum, and XRP Drop. Why ‘Uptober’ Isn’t Going to Plan for Crypto. – Barron's

Bitcoin, Ethereum, and XRP Drop. Why ‘Uptober’ Isn’t Going to Plan for Crypto.  Barron’s Bitcoin Struggles to Find Momentum After Historic Wipeout  Bloomberg.com Bitcoin Loses $106K as Bullish Crypto Bets Rack up $800M in Liquidations  CoinDesk Bitcoin sinks with safe haven bets ‘clearly favoring gold’ after crypto washout  Yahoo Finance A Historic Crypto Selloff Erased Over $19 Billion, but Two Accounts Made $160 Million  The …

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Trump Family Has Already Made Over $1 Billion in Profit on Crypto, Says Eric Trump

Trump Family Has Already Made Over  Billion in Profit on Crypto, Says Eric Trump

In brief Eric Trump said that the his family’s crypto empire has profited more than $1 billion so far. The family’s crypto ventures span NFT trading cards, meme coins, World Liberty Financial, and more. President Trump’s crypto businesses have been a point of contention, with critics claiming conflicts of interest. President Donald Trump’s embrace of crypto, paired with his return …

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Trump-Allied Erebor Gains Federal Charter for Crypto Bank, Shaking Up Stablecoin Wars

Trump-Allied Erebor Gains Federal Charter for Crypto Bank, Shaking Up Stablecoin Wars

In brief Erebor became the first crypto bank to win a conditional federal charter under the Trump administration, and only the second ever after Anchorage Digital. Backed by Palmer Luckey and the firms of Joe Lonsdale and Peter Thiel, Erebor will soon likely join Anchorage in having certain advantages regarding the issuance of stablecoins under the recently passed GENIUS Act. …

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Feds seize $15 billion in crypto from ‘pig butchering’ scheme involving forced labor camps

Feds seize  billion in crypto from ‘pig butchering’ scheme involving forced labor camps

Federal prosecutors seized $15 billion in cryptocurrency from an investment scheme known as “pig butchering” that they allege emanated from forced labor camps in Cambodia. The Justice Department said it’s the largest forfeiture action in its history. Prosecutors unsealed an indictment Tuesday charging Chen Zhi, a Chinese émigré who holds several passports and built the Cambodia-based Prince Group, one of …

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Crypto Slump Continues as China Hits Back Against the US – Bloomberg.com

Crypto Slump Continues as China Hits Back Against the US  Bloomberg.com Why crypto briefly but dramatically crashed when Trump renewed his trade war  CNN After record crypto crash, a rush to hedge against another freefall  Yahoo Finance Bitcoin extends decline to $104,782 as Trump escalates US-China trade war  Reuters A Historic Crypto Selloff Erased Over $19 Billion, but Two Accounts Made $160 Million  The Wall …

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A Historic Crypto Selloff Erased Over $19 Billion, but Two Accounts Made $160 Million – The Wall Street Journal

A Historic Crypto Selloff Erased Over $19 Billion, but Two Accounts Made $160 Million  The Wall Street Journal Why crypto briefly but dramatically crashed when Trump renewed his trade war  CNN Crypto’s Biggest Crash Reveals a Market Littered With Pitfalls  Bloomberg.com Bitcoin extends decline to $104,782 as Trump escalates US-China trade war  Reuters After record crypto crash, a rush to hedge against another freefall  Yahoo …

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Why crypto briefly but dramatically crashed when Trump renewed his trade war

Why crypto briefly but dramatically crashed when Trump renewed his trade war

New York  —  Cryptocurrencies plunged in value on Friday in a short but significant flash crash, leaving investors with billions of dollars in losses and highlighting the volatility associated with the industry. Traders were jolted after President Donald Trump threatened new tariffs on imports from China, sparking a sell-off in risky assets like tech stocks and crypto and a flight …

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