Tether, the stablecoin issuer, has acquired a 12% ownership position in Gold.com for $150 million, deepening its expansion into the tokenized gold ecosystem. The investment establishes a long-term partnership to integrate XAU₮, Tether’s gold-backed digital […]
Bitcoin temporarily fell below $70,000, erasing gains built over the past 15 months. Over $840 million in leveraged long positions were liquidated during the sell-off. Traders now watch $65,000 support and $72,000 resistance for direction. […]
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TLDR: Bitcoin and Ethereum fall below key technical levels, triggering $1.7B in liquidations. U.S. Treasury confirms it cannot “bail out” Bitcoin or direct banks to increase holdings. Spot ETFs face unrealized losses, but most investor […]
The global non-fungible token (NFT) sector fell below $1.5 billion in total market capitalization, returning to levels last seen before the sector’s rapid expansion in 2021. The retracement unfolded alongside a broader crypto market downturn […]
Key takeaways: Bitcoin’s derivatives signal caution, with the options skew hitting 20% as traders fear another wave of fund liquidations. Bitcoin price recovered some of its Thursday losses, but it still struggles to match the […]
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Tether has put a big bet on bullion. Reports say the stablecoin issuer bought a roughly $150 million stake in Gold.com, taking […]
Big Tech companies’ planned $500 billion war chest to dominate artificial intelligence could offer a lifeline to a Bitcoin mining industry teetering on the edge of capitulation. The headline numbers are eye-watering. Alphabet, Google’s parent, […]
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