Coinbase calls on U.S. gov to allow banks to enter crypto market: report
Coinbase is urging U.S. banking regulators to allow banks to offer cryptocurrency services, including trading and custody. The crypto exchange argued that current regulations create unnecessary hurdles preventing banks from fully entering the digital asset market, according to Bloomberg. In a letter to the Office of the Comptroller of the Currency, the Federal Reserve, and […]
AI firm Genius Group’s Bitcoin holdings now worth more than its market cap
Singapore-based artificial intelligence company Genius Group has boosted its crypto holdings, purchasing by an additional $2 million to 440 Bitcoin for $42 million. The Singapore-based AI and education company Genius Group now holds more Bitcoin (BTC) than its own market value. The company has increased its Bitcoin reserves to 440 BTC, adding another $2 million […]
Tariffs’ relief sparks crypto market rebound—Bitcoin, Ethereum rise
After a brutal sell-off, Bitcoin and Ethereum are back in action. With Trump pausing tariffs on Canada and Mexico, optimism is creeping back into the market—will the rally last? The crypto market has staged a strong rebound after a brutal sell-off triggered by the U.S. President Donald Trump’s tariff announcement on Feb. 1. Bitcoin (BTC), […]
DEXE bucks bearish market trend, what’s driving this rally?
DEXE deviated from the bearish trend that was prevalent within the broader crypto market to post gains on Monday. The native token of DeXe Protocol rallied nearly 17.27% on Feb. 3 to hit an intraday high of $23.22 as the major cryptocurrencies struggled to recover from a market-wide crash triggered by U.S. President Donald Trump’s […]
Crypto market liquidations likely reached $10B — Bybit CEO
Bybit’s crypto liquidations alone amounted to over $2.1 billion, according to the exchange’s CEO. Source link
Crypto fear & greed index falls to 44 on fears of market wipeout
The Crypto Fear & Greed Index has fallen to a 4-month low of 44 following the $2.2 billion crypto market crash earlier today. The index, which represents crypto market sentiments and emotions on a scale of 0 to 100, had not fallen below 50 since Oct.12. Triggered by U.S. president Donald Trump’s announcement of double […]
Bitcoin Kimchi Premium hits 3-year high as Asia market down
The Bitcoin Kimchi Premium index has hit a three-year high due to economic factors like the strong U.S. Dollar or global trade war fears. The Bitcoin Kimchi Premium has spiked to a three-year high of 11.9%. The premium represents the price gap between Bitcoin (BTC) in South Korea and the rest of the world. The increase suggests […]
Ethereum bleeds 20% amid market turmoil, but analysts see rebound potential to $2,700
Ethereum has suffered a sharp decline, plunging nearly 20% in the last 24 hours and currently trading around $2,500. Ethereum (ETH) price has dropped below the critical $3,000 support level, down to around $2500, marking one of its most severe sell-offs in recent years. This downturn follows Trump’s decision to introduce 25% tariffs on Canada, […]
XRP, SOL prices tank as over $2b wiped from crypto market after tariffs announced by Trump
The crypto market has plunged into the fear zone of the crypto fear and greed index, sliding to sentiment levels last seen in October 2024. A mix of fresh U.S. tariffs, weak liquidity, and panic selling wiped over $2 billion from the market in the last 24 hours, according to data from Coinglass. Amid the […]
Trump’s tariffs send Bitcoin and crypto market tumbling
After President Donald Trump targeted China, Mexico, and Canada with long-threatened import taxes, the crypto market fell on Feb. 1 in a risk-off action. Bitcoin’s price fell by 5%, which has rippled its way into altcoins. Effective Feb. 1, the U.S. will impose tariffs of 25% on imports from Canada and Mexico and 10% on […]
