Bitcoin’s Failed Breakout Leads to Price Drop Market Update Bitcoin’s recent attempt to break above $98,000 has resulted in a significant 3% price drop. This decline has also affected the wider cryptocurrency market, with the total market cap decreasing by 6% to $3.1 trillion. Bitcoin, often viewed as a leading
A Proposal for State Bitcoin Reserve Fund Fails in Montana House of Representatives Introduction The Inflation Protection Act, a proposal to introduce a state Bitcoin reserve fund in Montana, has recently faced a setback in the House of Representatives. Despite being passed by the House Business and Labor Committee, the
The cryptocurrency market in turmoil The aftermath of the high-profile hack The cryptocurrency market, rocked by a high-profile hack Friday morning, continued to be in hangover mode as the work week started. On Monday, a vast number of digital coins and tokens continued to lose value, some even at double-digit
Solana: The Ethereum Killer? A Closer Look at Solana (SOL) Solana (SOL) has been garnering significant attention within the cryptocurrency ecosystem due to its impressive scalability and decentralized platform. Often dubbed as the “Ethereum Killer,” Solana has been gaining traction as a competitor to the popular Ethereum blockchain. The Rise
Bitcoin Drops Below $92,000 Amid Tariff Threats Market Turmoil as Trump Administration Announces Tariffs Bitcoin (BTC) dropped below $92,000 on Monday as former President Donald Trump reaffirmed his administration’s plan to impose tariffs on imports from Canada and Mexico, triggering a widespread sell-off across markets. Based on CryptoSlate data, the
Bitcoin (BTC) drops below $92,000 as Trump reaffirms tariffs on Canada and Mexico Market Sell-Off Triggered Bitcoin (BTC) dropped below $92,000 on Monday as former President Donald Trump reaffirmed his administration’s plan to impose tariffs on imports from Canada and Mexico, triggering a widespread sell-off across markets. Based on CryptoSlate
Solana Prices Hit Lowest Point of 2025 as Bearish Sentiment Takes Hold Solana prices have declined recently, falling to their lowest point of 2025 on Monday, February 24 as numerous bearish variables fueled losses. The cryptocurrency market as a whole has been experiencing a downturn, with many major digital assets
Bitcoin Price Declines Further Bitcoin’s price performance remains under pressure Bitcoin’s price performance remains under pressure, with the asset experiencing a drop of 2.3% over the past week. This decline pushes BTC’s value even further from its January all-time high of over $109,000. Investors and analysts are closely monitoring the
On February 25, 2025, South Korea’s central bank announced a reduction in its key interest rate to 2.75%, a decline from the previous 3%. This decision aligns with market forecasts and reflects a nominal change of -8.333% amid a low impact rating. As South Korea moves forward with this monetary
The Tariff Announcement and Market Volatility Introduction The recent tariff announcement has sent shockwaves through the market, causing a ripple effect that is being felt globally. The interconnectedness of global policies and digital asset stability has once again come into sharp focus, as Bitcoin dropped to a three-week low following
Hackers Steal $50 Million from Automated Market Maker in 2021 The Cyber Attack In a shocking turn of events, hackers were able to exploit vulnerabilities in an automated market maker, resulting in the theft of approximately $50 million. This massive security breach has sent shockwaves throughout the financial world, raising
Introduction In a surprising turn, Singapore’s GDP growth rate quarter-on-quarter for Q1 2025 stands at 0.5%, significantly lower than the previous quarter’s 3.2% and below the forecasted 0.8%. This shift prompts a reevaluation of the economic landscape both within the country and on the global stage. Below, we delve into
Introduction Singapore’s GDP growth rate has reported a year-on-year increase of 5% for February 2025, a slight decline from the previous 5.4% but comfortably exceeding the forecast of 3.1%. This medium-impact data point indicates both challenges and growth opportunities for Singapore’s economy and holds significance for the global market landscape.
Crypto Prices Plummet as Bitcoin and Ethereum Lead Mass Liquidations In a shocking turn of events, the cryptocurrency market has seen a significant downturn, with Bitcoin and Ethereum leading the way. Over $686 million worth of crypto assets have been liquidated, causing panic among investors and traders alike. Solana and
Bitcoin and Chainlink Prices Decline Bitcoin Slips Below $95.5k, Chainlink Follows Suit On Monday, Bitcoin experienced a sharp decline, slipping below $95.5k. This drop in price had a ripple effect across the cryptocurrency market, with Chainlink also seeing a 7% decline. Chainlink, often referred to as LINK, tested crucial support
The Significance of Mantra (OM) Token’s Price Movement Mantra (OM) is a cryptocurrency token that has been making waves in the market with its near-vertical price movement. The token has been on a steady rise since November 2024, and its price has not seen a significant correction during this period.
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