Author: coinadrenaline
Bitcoin has plunged below $80,000, marking its lowest point since November 2024, as the broader crypto market experiences a significant downturn.The ongoing sell-off has erased nearly all gains recorded after Donald Trump’s election victory, signaling a period of intense volatility.$1 trillion lossData from CryptoSlate shows that Bitcoin fell by more than 8% in the last 24 hours, briefly touching $78,790 before recovering to $79,200.Over the past week, the leading digital asset has lost 20%, dropping from over $100,000 to current levels.With this performance, Bitcoin price has now returned to levels last seen after Trump’s election victory in November 2024.Meanwhile, the…
Bitcoin’s price could be approaching its bottom this cycle as it lingers below $83,000 and market sentiment remains fearful, according to the founder of a crypto fund. “Some broader macro data still looks poor, but it also wouldn’t surprise me if we put in a near-term floor locally given the significant level of fear and liquidations,” Bitcoin analyst and digital asset fund Capriole Investment founder Charles Edwards told Cointelegraph.Bitcoin sentiment improves slightly despite stagnant priceDespite the Crypto Fear & Greed Index — which measures overall crypto market sentiment — tapping a more than two-year low score of 10 on Feb.…
Today, the Senate Banking Subcommittee on Digital Assets hosted its first hearing, entitled “Exploring Bipartisan Legislative Frameworks for Digital Assets,” at which certain members of the subcommittee and crypto industry witnesses predominantly discussed stablecoin regulation. Senator Cynthia Lummis (R-WY), a long-time proponent of the Bitcoin and digital asset industry, presided over the hearing with assistance from ranking member of the subcommittee, Senator Ruben Gallego (D-AZ). The witnesses included Tim Massad, former CFTC Chair and Research Fellow at the Kennedy School of Government at Harvard University; Jai Massari, Chief Legal Officer at Lightspark; Jonathan Jachym, Global Head of Policy and Government…
A look back at 2023, and a glimpse at what lies ahead in 2024 2023 was an excellent year for the team behind the ethereum.org website, and its community — we already feel a little nostalgic, but it’s important to make space for celebrating the things the ethereum.org community helped us build in 2023 and continue the momentum in 2024. In that spirit, we prepared a recap with our 2023 highlights of the ethereum.org community — enjoy the reading! The highlights 📚 ethereum.org Translatathon 56 languages, 217 participants, and 1.47 million words (🤯) translated in a one-week online competition, the…
Journalist Posted: February 27, 2025 Cardano was down 50% from its December peak of $1.3. At press time, ADA’s price hit a pivotal point, but demand was still weak. Cardano’s[ADA] weekly losses topped 12% as bearish pressure continued following Bitcoin’s [BTC] drop below $90K. Even the Grayscale Cardano ETF acknowledgment didn’t induce much demand, reinforcing macro uncertainty as a key risk factor for the altcoin and broader market. However, the slight 2% drop in Bitcoin dominance was positive news, which could offer relief to altcoins, including ADA. So, what does price action imply? Cardano hits pivotal level Source: ADA/USDT, TradingView…
The Avalanche Foundation and digital payment firm Rain launched the Avalanche Card on Feb. 26, 2025, enabling users in Southeast Asia, Africa, and Latin America to spend cryptocurrencies through Visa’s global network. Avalanche and Rain Partner to Launch Crypto Card for Conversion-Free Spending The card supports transactions using USDC, USDT, Wrapped AVAX (wAVAX), and AVAX, […]
Empower Oversight has filed a lawsuit against the U.S. Securities and Exchange Commission for failing to disclose a long-awaited report on ethical conflicts and selective enforcement within the agency. The SEC Office of Inspector General completed the report more than a year ago, but the agency has yet to release it despite repeated Freedom of Information Act requests, according to the lawsuit. The lawsuit seeks to compel the SEC to disclose findings related to former SEC Division of Corporate Finance Director William Hinman. The investigation focuses on potential conflicts of interest involving Hinman’s ties to his previous law firm, Simpson…
Want to Escape the Market Chaos? 6 Best Meme Coins to Buy Today—This 3650% Presale Gem Could Be Your Lifeline! No Result View All Result
Este artículo también está disponible en español. The cryptocurrency market is experiencing significant turbulence this week, with Solana (SOL) facing particularly steep challenges. As the excitement surrounding memecoins wanes, prices have dropped to their lowest levels in several months. Following the historic hack of the ByBit exchange and President Trump’s controversial tariff proposals, the overall crypto market has seen a downturn, with Bitcoin falling 12% in the past week. In contrast, Solana has plummeted 22%, reaching a new five-month low. Solana Struggles As New Data Shows Dramatic Drop As reported by Fortune, the decline in Solana’s value can be attributed…
The following is a guest post from George Godsal, Managing Director at REKT Partners.It’s the number one fear of any crypto exchange: a massive hack. And in the case of Bybit, they have taken the dubious accolade of suffering the largest-ever hack in an industry blighted by hacking. Unsurprisingly, the scale of this breach at such a prominent exchange made immediate global mainstream news headlines, and has dominated crypto media and X for days. But as the drama unfolded late last Friday evening Asia-time, a number of factors marked this as a very different kind of hack. First, the sheer size…