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Bitcoin’s price has fallen below $75,000, reaching an intraday low of $74,637 as of 2:47 AM EST. This decline marks a significant drop of over 12% today and reflects ongoing economic anxiety amid a broader downturn in financial markets. The cryptocurrency’s recent price movement appears to be closely aligned with volatility in traditional markets, including … Read more
By 3 p.m. ET on April 6, 2025, bitcoin ( BTC) had dipped further to $78,639, deepening its retreat from recent peaks and indicating a market still gripped by caution. This added pullback builds on the morning’s downturn, hinting at dwindling momentum as Wall Street prepares to reopen Monday. While bitcoin’s trading volume has seen … Read more
In an announcement on social media, MMA star Conor McGregor declared his intention to enter the cryptocurrency scene, stating, “I changed the FIGHT game. I changed the WHISKEY game. I changed the STOUT game. Now it’s time to change the CRYPTO game.” McGregor, known for his bombastic presence in and out of the fighting arena, … Read more
Elon Musk expressed his vision for a future of unrestricted trade between the United States and Europe during a video-link address at a congress in Florence, Italy. His comments came after U.S. President Donald Trump announced a 20% tariff on Italy and other EU countries. Musk, who serves as an adviser to Trump, advocated for … Read more
Paypal has announced the expansion of its cryptocurrency offerings with the addition of chainlink (LINK) and solana ( SOL) for users of both Paypal and Venmo. Starting in the coming weeks, users will be able to buy, hold, sell, and transfer these new tokens directly within their accounts. May Zabaneh, Vice President of Product for … Read more
European Central Bank (ECB) President Christine Lagarde has urged the European Union to develop its own digital payment platform, moving away from reliance on foreign giants like Visa, Mastercard, Paypal, and Alipay. Speaking on The Pat Kenny Show, Lagarde emphasized the need for a “European offer” to secure financial sovereignty, highlighting the risks of dependence … Read more
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has identified eight digital asset wallets used by the Houthis to transfer funds associated with their activities. OFAC also designated several individuals and entities as part of a network of Houthi financial facilitators and procurement operatives. Allegedly backed by Iran’s Islamic Revolutionary Guard … Read more
Max Keiser, international journalist and current cryptocurrency advisor to the Bukele Administration, has referred to the resilience of bitcoin in the face of the new tariff-based trade order enacted by President Trump. Keiser stated that, even with the great reset kickstarted by Trump’s measures, traditional finance moves will not be able to bring a sustained … Read more
Arthur Hayes, co-founder and former CEO of the cryptocurrency exchange Bitmex, expressed his support for tariffs in a recent social media post, stating that they can help correct global imbalances and benefit bitcoin ( BTC) and gold in the medium term. Hayes noted that the weakening U.S. dollar, driven by foreign investors selling U.S. tech … Read more
European Union regulators are reportedly preparing to impose significant penalties on Elon Musk’s social media platform X for violations of the Digital Services Act, which aims to combat illicit content and disinformation, according to a report by the New York Times. Sources familiar with the situation indicate that the penalties may include a substantial fine, … Read more