Bitcoin crumbled below $80,000 on Monday, sinking to $77,396, its lowest price since November 2023. The drop followed a 3.8% 24-hour decline, erasing gains from a brief rally to $84,000 earlier in the day. Ethereum briefly dipped under $1,800, down more than 10%, as panic spread across crypto markets. Analysts linked the plunge to fading investor confidence amid macroeconomic uncertainty…
The metaverse merges physical reality with immersive virtual spaces, forming a 3D internet where users explore, socialise, and trade. Unlike traditional platforms, it spans interconnected worlds, blending augmented reality, gaming, and blockchain. Users navigate as avatars, attend events, and invest in digital assets, reshaping how society interacts online. Decentraland exemplifies this vision, offering Ethereum-based virtual land sales and live experiences.…
In 2012, the Silk Road dark web marketplace thrived as a digital underworld for drugs, hacking tools, and anonymous Bitcoin deals. Law enforcement scrambled to keep pace, but 22-year-old Jimmy Zhong spotted a flaw. The University of Georgia computer glitch exploited a withdrawal glitch, double-clicking to trick the system into spilling millions. By creating fake accounts, he stole 51,680 bitcoins…
The crypto world teems with earning opportunities, but many require upfront investments. DePIN disrupts this trend by letting users earn crypto rewards simply by contributing time or resources. This emerging sector merges blockchain with real-world infrastructure, empowering communities to build decentralised networks. What is DePIN? DePIN, short for Decentralised Physical Infrastructure Networks, uses blockchain and token incentives to crowdsource physical…
President Donald Trump signed an executive order today establishing a “Strategic Bitcoin Reserve” and a “Digital Asset Stockpile.” The initiative will initially use cryptocurrency seized in government criminal cases. White House AI and crypto czar David Sacks announced the move on X, calling it a “digital Fort Knox” for Bitcoin. “The Reserve will hold Bitcoin forfeited in criminal or civil…
A 22-year-old Finnish cryptocurrency trader lost 5,564 bitcoins worth $40 million in one of Thailand‘s biggest crypto scams. Aarni Otava Saarimaa transferred his digital assets to scammers between January and February 2018. The perpetrators promised lucrative investment opportunities in various ventures, including a Macau casino. The fraudsters showcased lavish lifestyles and presented forged documents to gain Saarimaa’s trust. They pitched…
In March 2025, the International Monetary Fund (IMF) intensified pressure on El Salvador to abandon public-sector Bitcoin purchases as part of a $1.4 billion loan deal. Despite warnings, President Nayib Bukele defiantly continues accumulating BTC, deepening tensions over the nation’s pioneering crypto policies. IMF Demands Halt to Public Bitcoin Buys The IMF’s 40-month Extended Fund Facility, approved February 26, 2025,…
Bitcoin faces volatility following Trump’s crypto reserve announcement and tariff implementation. Market reactions remain mixed as traders eye the massive CME futures gap at $85,000, which is Bitcoin’s largest in history. As of March 4, 2025, Bitcoin prices have retreated below $85,000 after weekend surges. Meanwhile, President Trump continues to champion his crypto reserve initiative ahead of the White House…
Japanese investment firm Metaplanet has added more Bitcoin to its growing portfolio while exploring options to make its shares available to global investors. The company continues its aggressive Bitcoin acquisition strategy as part of its mission to lead Japan’s cryptocurrency renaissance. Metaplanet Acquires Additional Bitcoin Assets Metaplanet purchased 156 bitcoins on March 3, valued at approximately $13.4 million. The company…
Bitcoin breaks below 200-day moving average for first time in 2025, signaling potential further decline. Bitcoin plunged below $80,000 this week, breaking through its 200-day moving average for the first time in 2025. The premier cryptocurrency has shed nearly 20% in the past seven days. Analysts now question how deep this correction might go as several technical indicators flash warning…
Bitcoin’s price nosedived to $82,133 this week, rattling investors amid escalating U.S. trade wars and a massive crypto exchange hack. Here’s how the drama unfolded and what experts say you should do next. February 1–4: Trump Slaps 25% Tariffs on Canada, Mexico President Trump ignited global trade tensions on February 1, imposing sweeping tariffs via executive orders. Canada and Mexico…
Binance slashed 94.1% of its Bitcoin holdings and 99.9% of Ethereum reserves between January and February 2025, blockchain data reveals. The exchange converted $4.33 billion in BTC and $5.83 billion in ETH to USDC, spiking its stablecoin reserves by 57.5%. Critics argue the timing, which is just 10 days before Bybit’s $1.46 billion hack. This raises red flags. “Crypto never…