Bitcoin crashes below $70,000 on Bitstamp
During Asian trading hours, BTC hit a low of $69,101 on Bitstamp.
Read MoreXRP crashes to its lowest since Trump’s election win, could slide further to $1.00
XRP has fallen to $1.44, its lowest level since November 2024, as bitcoin’s decline fuels broader risk aversion in the crypto market.
Read MoreBitcoin slips below $71,000 as AI-driven tech rout worsens
The decline followed sharp losses in Asian and U.S. tech shares, where concerns over peaking AI investment, stretched valuations and slowing earnings have driven investors out of risk assets.
Read MoreSilver’s 17% plunge reignites market behaviour that once topped bitcoin liquidations
It is the same setup Michael Burry warned about this week, when he said falling crypto collateral can force metal selling in a feedback loop.
Read MoreHouse probe targets WLFI after report of $500 Million UAE stake
Congressional investigators seek ownership records, payment trails and stablecoin documents from the Trump-linked crypto firm following reports of Emirati backing and its USD1 token’s role in a $2 Billion Binance
Read MoreBitcoin slides toward $70,000 as on-chain data flags bear market and traders bet Fed holds in April: Asia Morning Briefing
On-chain data points to fading demand and tighter liquidity, while prediction markets show little expectation of near-term rate cuts.
Read MoreU.S. regulator declares do-over on prediction markets, throwing out Biden era ‘frolic’
The Commodity Futures Trading Commission tumultuous legal fight with events-contracts firms is done, and its new leader is yanking previous policy efforts.
Read MoreMulticoin Capital co-founder Kyle Samani steps down after nearly a decade to pursue other areas of tech
” I’m more confident than ever that crypto is going to fundamentally rewire the circuitry of finance,” said Samani, who will remain chairman of Solana treasury company, Forward Industries.
Read MoreWall Street giant CME Group is eyeing its own ‘CME Coin,’ CEO says
The initiative is part of CME’s push into tokenized collateral, and the firm is collaborating with Google on a “tokenized cash” solution set to launch later this year.
Read MoreNewly unsealed DOJ files link Jeffrey Epstein to a 2014 investment in Coinbase
Emails show Brock Pierce introduced Jeffrey Epstein to the Coinbase round, while Blockchain Capital later said its fund investment was never completed as Epstein invested independently.
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