Crypto
AI Summary
- Bitcoin is currently experiencing significant price volatility, with sharp dips leading to debates among analysts about whether the market has found its bottom or if further declines are ahead.
- The industry is seeing a wave of consolidation and operational restructuring, with major companies like Block and Gemini implementing layoffs and executives forecasting a more streamlined market.
- Regulatory scrutiny is tightening globally, with China expanding its ban on stablecoins and tokenized assets, Vietnam proposing new crypto taxes, and US regulators like the CFTC updating stablecoin criteria.
- Despite the market turbulence, institutional engagement remains strong, evidenced by continued inflows into Bitcoin ETFs, major financial firms preparing new crypto ETF filings, and strategic investments by large asset managers.
- Many crypto-focused companies, especially miners, are diversifying their business models by investing heavily in AI and high-performance computing infrastructure, signaling a pivot toward broader technology sectors.
Sources
Cointelegraph
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Bitcoin bear market not over? Trader sees BTC price 'real bottom' at $50K
an hour ago
by Cointelegraph by William Suberg
Bitcoin price analysis stayed bearish on the outlook for BTC, predicting new macro lows in a repeat of the 2022 bear market.
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Here’s what happened in crypto today
3 hours ago
by Cointelegraph by Cointelegraph
Trump memecoin, Solana memecoin, TRUMP token, Solana, SOL, Nova Labs, SEC, Securities and Exchange Commission, Crypto regulation, TRUMP rally, BitcoinNeed to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
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Jack Dorsey’s Block may cut up to 10% of staff in business overhaul: Report
4 hours ago
by Cointelegraph by Amin Haqshanas
Analysts forecast Block to post $403 million in Q4 profit on $6.25 billion revenue, following a third quarter marked by strong gross profit growth but mixed market reaction.
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ARK extends Coinbase selling streak with another $22M sale, adds Bullish
7 hours ago
by Cointelegraph by Amin Haqshanas
Cathie Wood’s ARK Invest sold 134,472 Coinbase shares across three ETFs while buying over 393,000 shares of crypto platform Bullish.
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Bitcoin under $70K gives institutions a ‘new crack of the apple’: Bitwise CEO
7 hours ago
by Cointelegraph by Ciaran Lyons
Bitcoin is in a bear market and is “getting swept up” with the rest of the macro assets, Bitwise CEO Hunter Horsley declared during a television interview.
CoinDesk
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Block weighs cutting up to 10% of jobs: Bloomberg
2 hours ago
by Sheldon Reback
Finance, Block, Payment Systems, Bitcoin News, Jobs, NewsThe company has told hundreds of employees their jobs are at risk as part of a broader overhaul.
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Broad-based bitcoin accumulation emerges after sharp capitulation
19 hours ago
by James Van Straten
Markets, Glassnode, Bitcoin News, Whale, NewsGlassnode data is showing buying across all cohorts of bitcoin holders.
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Why machine-to-machine payments are the new electricity for the digital age
21 hours ago
by Annabelle Huang
Opinion, BlockchainsIf continuous M2M payments are the new electricity, then blockchains must be seen as the new power grid, Huang contends.
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SOL-focused Forward Industries has had a tough run, but CIO says it's positioned for success
a day ago
by Will Canny
Finance, Digital Asset Treasury, Solana News, mergers and acquisitions, Exclusive, NewsWith no debt and the largest public solana treasury, Forward Industries' CIO says it can play offense and consolidate rivals as the sector strains.
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Cardano's Charles Hoskinson reveals $3 billion unrealized loss in crypto rout
a day ago
by Francisco Rodrigues
Markets, Cardano, crypto prices, Charles Hoskinson, NewsHe stressed long-term commitment, prioritizing the development of decentralized systems over short-term price fluctuations.
Decrypt
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The Most Surprising Bitcoin and Crypto Stories in the Epstein Files
19 hours ago
by Logan Hitchcock
Law and OrderThe Justice Department's release of millions of files related to Jeffrey Epstein has unearthed some wild Bitcoin and crypto stories.
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South Korean Crypto Exchange Accidentally Gave Away $43 Billion in Bitcoin
20 hours ago
by Sander Lutz
MarketsThe error was quickly corrected, Bithumb said, but not before some users sold off their Bitcoin, temporarily crashing its listed price.
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Japan's Crypto Industry Faces Critical Test Ahead of Snap Election
a day ago
by Vismaya V
Law and OrderJapan heads to polls as crypto industry watches tax reform, stablecoin rules, and legal reclassification timelines.
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Justin Bieber Paid $1.3 Million for a Bored Ape NFT. It's Now Worth $12K
2 days ago
by Logan Hitchcock
NFTsBack when NFTs were hot, Justin Bieber dropped $1.3 million to join the Bored Ape Yacht Club. The Ethereum NFTs now start at just $12K.
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President Trump Launches TrumpRx, Promising Lower Drug Prices: Is It Legit?
2 days ago
by Josh Quittner
HealthThe White House is betting that a new cash-pay platform—built around blockbuster GLP-1 drugs—can pressure Big Pharma and bypass the middlemen who keep U.S. prices high.
AMBCrypto
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SIREN’s 174% surge – After hitting a new ATH, is downside next for the memecoin?
an hour ago
by Gladys Makena
Memecoins, News, News 1, Social, Trading View, ambcryptoSIREN surged to a new all-time high of $0.36 driven by speculative demand.
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All about Bitcoin and its final downside test before price recovery
2 hours ago
by Muriuki Lazaro
Bitcoin, BTC Trading View, News, News 1, Social, Trading ViewEveryone in the Bitcoin market is hedging their bets right now.
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WLFI price prediction – Identifying short-term targets as sell pressure mounts
4 hours ago
by Akashnath S
Altcoin, Analysis, HideCryptopanic, News, News 1, No Homepage, Social, Trading ViewThe fall below a 3-month range low underlined traders' recent concerns.
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Bitcoin – A look at Wall Street’s behaviour after BTC’s fall below $70K
5 hours ago
by Ishika Kumari
Bitcoin, News, News 1, Social, Trading ViewWhile traders panicked, billions moved behind the scenes.
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Solana – Why ETF money is still coming despite SOL’s price action
6 hours ago
by Samyukhtha L KM
Altcoin, News, News 1, Social, Solana, Trading View, ambcryptoSpot investors and traders aren’t on the same page right now.