Bitcoin saw a sudden weekend liquidity cascade that took BTC price to near $75,000 for the first time since its April 2025 low. Bitcoin (BTC) fell over 7% during weekend trading as a fresh price collapse liquidated $800 million. Key points: Bitcoin drops to near its 2025 low as mass liquidations accelerate. BTC price action…
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Bitcoin (BTC) fell to a record low versus gold (XAU) in January, making it a better buying opportunity than what preceded the 2015–2017 bull market, analysts say. Key takeaways: BTC vs gold hit a record low, a level that has lined up with past major bottoms. Some analysts warn that a rotation to BTC from…
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The United States Treasury has sanctioned two cryptocurrency exchanges linked to Iran’s financial system, marking the first time Washington has directly targeted digital asset platforms as part of its Iran sanctions program. In a statement on Friday, the Treasury Department’s Office of Foreign Assets Control (OFAC) said the sanctions are part of a wider move…
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Two high-profile crypto figures are preparing to pour tens of millions of dollars into California politics, aiming to reshape the state Legislature by backing moderate, business-friendly candidates and countering the influence of labor unions. The effort, operating under the banner of Grow California, is backed by Chris Larsen, a longtime Democratic donor and co-founder of…
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Investors pulled around $1.82 billion from US-based spot Bitcoin and Ether exchange-traded funds (ETFs) over the past five trading days, as market sentiment continued to weaken after the precious metals rally. Between Monday and Friday, US-based spot Bitcoin (BTC) ETFs lost $1.49 billion, while spot Ether (ETH) ETFs saw $327.10 million in net outflows, according…
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A Delaware judge has allowed a shareholder lawsuit accusing several Coinbase directors of insider trading to proceed, despite an internal investigation that cleared the executives of wrongdoing. The case, filed by a Coinbase shareholder in 2023, alleges that company directors, including CEO Brian Armstrong and board member Marc Andreessen, used confidential information to sidestep more…
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Crypto market sentiment reaching a year-low could be one of the few signs of a potential rebound, according to crypto analytics platform Santiment. “This sentiment data is currently one of the few strong bullish signals available,” Santiment said in a report on Friday. “A silver lining is the extreme negativity on social media. The ratio…
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Key takeaways: Bitcoin options show the highest level of fear in a year, as traders brace for the possibility of a deeper selloff. Bitcoin markets might be more stable due to high-risk leveraged positions being liquidated. Bitcoin (BTC) underwent a sharp 10% correction between Wednesday and Thursday, retesting the $81,000 level for the first time…
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The European Commission said it will send formal notices to 12 countries for failing to fully implement the EU’s tax reporting rules for digital assets. In its January infringements package released on Friday, the commission, which serves as the European Union body responsible for proposing legislation and ensuring member states follow certain laws and regulations,…
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JPMorgan Chase CEO Jamie Dimon reportedly confronted Brian Armstrong during a coffee chat at Davos last week, telling the Coinbase CEO to stop lying about banks trying to sabotage the digital asset market structure bill under consideration in the US Congress. According to a Thursday report from The Wall Street Journal, the confrontation between Dimon…
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