Bitcoin Price Plunges Below $83,000 Amid Market Turmoil Market Turmoil Sends Bitcoin Prices Spiraling Today, Bitcoin experienced a sharp decline in price, dropping all the way under $83,000. This sudden plunge has been attributed to continued selling pressure in the market, with the BTC fear and greed index hitting new
Ripple Expands Its Presence in the Asia-Pacific Region A New Partnership in South Korea Ripple President Monica Long has recently announced that she is “very excited” for the company’s custody platform to “plant another flag” in the Asia–Pacific (APAC) region through a new partnership in South Korea. This move marks
Ethereum Sell-Off Intensifies as Whales Offload $43M in 48 Hours The Current State of Ethereum Market On February 27, 2025 at 05:13:03 UTC, Ethereum’s market is experiencing a sharp sell-off as whales panic-sell their holdings. One whale, with the address 0xc725102508c2f7df5bdb5f8ea5242ae18b8a839d, sold 8,074 ETH, valued at $19.63 million, at an
The Current State of the Crypto Market Bitcoin’s Price Movement and ETFs Bitcoin, the leading cryptocurrency, is currently experiencing a downward trend as it heads toward lower price targets. This drop in price is further exacerbated by a significant decrease in Bitcoin ETFs, which are indicative of investor sentiment and
The latest auction of Singapore’s 6-month Treasury bills yielded an actual rate of 2.75% as of February 27, 2025, marking a decrease from the previous rate of 2.90%. Despite the negative change of 5.172%, the impact on broader markets is considered low. The slight dip in yields might reflect the
Bitcoin Falls Below $85,000 as Trump Announces New Tariffs on European Imports Introduction Bitcoin has experienced a sharp decline, dropping below $85,000 in response to President Donald Trump’s announcement of new tariffs on European imports. This significant price movement has sparked concerns among traders and investors in the cryptocurrency market.
Breaking Down Malaysia’s Producer Price Index Growth On February 27, 2025, Malaysia reported its Producer Price Index (PPI) YoY growth at 0.8%, marking an increase from the previous 0.5% and surpassing the forecasted 0.7%. Despite the modest growth, the 60% change reflects significant dynamics within Malaysia’s economy. The country’s PPI
Introduction On February 27, 2025, Japan’s 2-Year JGB (Japanese Government Bond) auction revealed an actual yield of 0.826%, marking a notable increase from the previous yield of 0.727%. This change represents a significant rise of 13.618%. Despite the high percentage increase, the forecasted impact on the market is categorized as
Bitcoin Plunges Further Due to ‘Unwinding of Basis Trades’ The Recent Bitcoin Sell-Off Last week, Bitcoin continued its plunge, with the cryptocurrency market experiencing high levels of volatility. This downward trend was largely attributed to the ‘unwinding of basis trades,’ according to an analyst from Presto Research. What are Basis
Bitcoin’s Volatility Amid Global Events The Current State of Bitcoin As bitcoin hovers just above $84,000 at 8:45 p.m. Eastern Time (ET) on Wednesday amid heightened volatility, many investors are closely watching the crypto markets. The price of bitcoin has been fluctuating wildly in recent weeks, reflecting the uncertainty surrounding
Pi Network (PI) Surges Over 70% in 24 Hours The Rapid Rise of Pi Network Over the past 24 hours, Pi Network (PI) has experienced an unprecedented surge, with its value skyrocketing by more than 70%. This sudden spike has propelled its market capitalization to an impressive $16 billion, while
The Avalanche Card: Revolutionizing Digital Payments in Emerging Markets The Avalanche Foundation and Rain Partnership The Avalanche Foundation, in collaboration with the digital payment firm Rain, made a groundbreaking announcement on February 26, 2025. The partnership resulted in the launch of the Avalanche Card, a game-changing product that allows users
RSI Screams Oversold: Is a Recovery Around the Corner or Is Bitcoin’s Worst Drop Yet to Come? The Current State of Bitcoin Bitcoin has been on a rollercoaster ride in recent weeks, with prices plummeting and analysts divided on the future of the cryptocurrency. The Relative Strength Index (RSI) is
Stablecoins, Not Bitcoin, In Focus At First U.S. Digital Assets Subcommittee Hearing Senators and key figures from the crypto industry discuss all things stablecoins at the first-ever hearing hosted by the newly-established Senate Banking Subcommittee on Digital Assets. This post Stablecoins, Not Bitcoin, In Focus At First U.S. Digital Assets
Solana Faces Mounting Selling Pressure The Current State of Solana Solana is currently facing mounting selling pressure, trading at its lowest level since September 2024. Yesterday’s market-wide correction has only added to the extreme fear gripping the market. SOL has failed to find strong support, with bears maintaining control ever
Introduction As Taiwan’s consumer confidence inches upward in February 2025, with a slight rise from 72.54 to 72.59, global market watchers are paying close attention. Despite an initial low impact perception, the modest improvement over the previous value and forecast signals a steady consumer sentiment. This could herald broader implications
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