Millions and millions of PI tokens will be released in the following weeks, which could bring even more pain for the bulls. The past several weeks have not been kind to the cryptocurrency markets. This trend only intensified on Thursday when the entire market bled out, with multiple double-digit price crashers. Naturally, Pi Network’s…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The Bitcoin price has extended its steep decline on Thursday, slipping below the $67,000 level and deepening a sell‑off that has been unfolding since October of last year. With the latest move, the market’s leading crypto has now retraced close to 50%…
Pump.fun has acquired crypto trading terminal Vyper, which will wind down its standalone product and migrate its infrastructure into the Solana memecoin launchpad’s ecosystem. On Friday, Vyper said core parts of its product will begin shutting down on Feb. 10, while limited functions will remain accessible. Users were directed to Pump.fun’s Terminal (formerly Padre) to…
Charles Hoskinson has lost over $3 billion in crypto but has chosen to stay committed, regardless of recent market losses, the founder of Cardano said during a Thursday livestream. “It’s easy for you to say, Charles, you’re rich. You can ride it out. I’ve lost more money than anyone listening to this, over $3 billion…
Tether has made a $150 million strategic investment in precious metals platform Gold.com, acquiring a roughly 12% stake as part of a broader push to expand access to both tokenized and physical gold. Summary Tether invested $150 million in Gold.com, acquiring a roughly 12% stake to expand access to tokenized and physical gold. The deal…
Friday has come around again, which means another batch of expiring Bitcoin options as spot markets continue to melt down. Around 34,000 Bitcoin options contracts will expire on Friday, Feb. 6, with a notional value of roughly $2.1 billion. This event is much smaller than last week’s end-of-month expiry. Crypto markets have collapsed into…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure It is well-known that bullish interest in XRP often rises during major price moves. However, a new analysis suggests that Google search data shows that scam-related queries for the cryptocurrency also surge during periods of rapid growth. A crypto analyst has highlighted…
US Treasury Secretary Scott Bessent says banks and crypto may begin to offer similar products, and pledged to prevent deposit flight concerns that are stalling a key crypto bill. US Treasury Secretary Scott Bessent has told Congress that traditional and crypto banking products and services may be more intertwined in the future. Appearing before the…
Crypto traders faced one of the most brutal resets on Thursday after Bitcoin’s free fall wiped out roughly $2.7 billion in leverage positions in the last 24 hours. As the panic escalates, the Crypto Fear and Greed Index, which tracks investor sentiment using factors such as volatility, trading volume, and Bitcoin’s dominance, has fallen to…
In a sign of the times, Gemini, the crypto exchange founded by billionaires Tyler and Cameron Winklevoss, is making significant cutbacks. Summary Gemini will lay off up to 200 employees and shut down services in the UK, EU, and Australia amid a downturn in the crypto market and ongoing struggles to gain market share. Despite…
