Here we go again: A top centralized crypto exchange (CEX) was hacked, this time likely for the largest sum in humanity’s history. We were lucky to avoid the worst — platform collapse and devastating consequences for the industry. The incident reminded us again that even the strongest market players are not invincible. CEXs’ freedom to manage customer funds comes with…
Michael Saylor’s firm Strategy, the world’s largest publicly listed corporate holder of Bitcoin, did not add to its BTC holdings last week as the cryptocurrency’s price dropped below $87,000. In a filing with the US Securities and Exchange Commission on April 7, Strategy announced it made no Bitcoin (BTC) purchases during the week of March 31 to April 6. The…
Bitcoin (BTC) sought a relief rally into the April 7 Wall Street open as US stocks rebounded from a 4%+ loss. BTC/USD 1-hour chart. Source: Cointelegraph/TradingView Bitcoin joins US stocks in relief rally Data from Cointelegraph Markets Pro and TradingView showed the area around $80,000 forming a focus for BTC/USD after the pair hit five-month lows. The fallout from US…
Gold, which had seen a strong first quarter in 2025, experienced a temporary dip below $3,000 per ounce on April 7, amidst global market turmoil fueled by trade war fears. Safe-Haven Asset Credentials Questioned as Gold Drops Nearly 3% After a rally that saw it reach new milestones in the first quarter of 2025, gold […] Source: https://news.bitcoin.com/global-market-turmoil-hits-gold-but-precious-metal-recovers/
Over 90% of the voting creditors of the Indian crypto exchange WazirX voted in favor of the platform’s post-hack restructuring plan. According to an April 7 announcement, 93.1% of voting creditors who hold 94.6% of the value voted in favor of the plan. All creditors who held crypto balances on the platform were eligible to vote on the Kroll Issuer…
Asian markets experienced significant declines on April 7, with Hong Kong’s Hang Seng Index plummeting over 13%. The turmoil affected other asset classes, including bitcoin, which briefly fell below $75,000. China Sovereign Wealth Fund Intervenes Asian markets began the week of April 7 with steep drops across major indices, including Hong Kong’s Hang Seng Index, […] Source: https://news.bitcoin.com/trade-war-fury-asias-markets-crushed-recession-fears-soar/
Bitcoin has plunged to its lowest levels—nearly erasing all its post-election gains—as escalating trade tensions fuel global market panic. The Bitcoin price fell as low as $74,500 during early Asia hours Monday, marking a 6.5% fall in the past 24 hours and more than 5.8% over the week, CoinGecko data shows. As of now, Bitcoin has clawed back slightly to…
Threat analysts have uncovered a sophisticated, two-pronged malware campaign targeting victims both inside and outside of the crypto industry. In a recent report, cyber intelligence firm Silent Push identified the PoisonSeed malware campaign, which initially targets the users of bulk email providers including Mailchimp and SendGrid. A fake Mailchimp page generated as part of the PoisonSeed malware campaign. Image: Silent…
Michael Saylor’s firm Strategy, the world’s largest publicly listed corporate holder of Bitcoin, did not add to its BTC holdings last week as the cryptocurrency’s price dipped below $87,000. In a filing with the US Securities and Exchange Commission on April 7, Strategy announced it made no Bitcoin (BTC) purchases during the week of March 31 to April 6. The…
Bitcoin is trading at $77,346 with a market capitalization of $1.53 trillion, as it battles persistent bearish momentum across multiple timeframes. Over the last 24 hours, bitcoin has traded between $74,604 and $82,859 on $75.43 billion in volume, suggesting volatility amid downward pressure. Bitcoin On the daily chart, bitcoin’s price action has shifted significantly downward, […] Source: https://news.bitcoin.com/bitcoin-price-watch-bearish-momentum-builds-across-all-timeframes/
