The crypto economy has shown modest signs of recovery since Thursday, though it remains 2.16% lower over the past 24 hours, hovering near the $3.25 trillion mark. Bitcoin, too, has been attempting a gradual climb, with bullish traders breaking through the $104,000 barrier. Crypto Swings Wild as Bitcoin Teeters Around $104K, Altcoins Record Bigger Wins […] Source CryptoX Portal
Bitcoin slid to fresh lows on Thursday amid a broader market pullback, triggered by an unexpected public clash between two of the most influential figures in tech and politics. A public fallout between US President Donald Trump and Tesla CEO Elon Musk was not on many’s bingo cards for the year, and the unexpected spat quickly sent shockwaves through the markets. Following a series of public exchanges over political disputes, the crypto market took a hit, leading to sharp declines across multiple assets. According to crypto.news data, market giant Bitcoin…
Key Notes Khosrowshahi emphasized the importance of stablecoin as a store of value, hinting that he prefers them over Bitcoin. Arizona Senator Ruben Gallego confirmed that the Senate’s stablecoin bill could garner support from up to 16 Democrats. Stablecoin issuer Circle made a strong NYSE debut, with shares opening at $69 and closing at $83, marking a 168% first-day gain. . Global ride-sharing giant Uber is now exploring the use of stablecoin to reduce costs in moving money cross-border. CEO Dara Khosrowshahi said that the company is still in the…
A crypto wallet tied to the defunct dark web marketplace Alphabay was reportedly behind the donation of $31 million worth of Bitcoin to Silk Road creator Ross Ulbricht, according to blockchain analysis. Blockchain analytics firm Chainalysis told WIRED for a June 5 report that it had tied the 300 Bitcoin (BTC) donated to Ulbrich earlier this month to Alphabay, a predecessor to Silk Road that operated from 2014 to 2017. Chainalysis suggested that the funds came from a major vendor on the platform who would have had access to such…
Key Notes Tokenized private credit dominated the sector, accounting for 58% of the market share, followed by tokenized US Treasury debt at 34%. The sector is benefiting from evolving crypto regulations as the SEC classifies RWAs as securities. Major financial players like Goldman Sachs and Mastercard are exploring tokenization opportunities. Binance Research recently published a new report revealing that the RWA tokenization market experienced a significant 260% growth during the first half of this year. This growth is largely attributed to increasing regulatory clarity in the crypto space, which has…
US authorities have seized 145 domains and an undisclosed amount of cryptocurrency tied to BidenCash, a dark web marketplace accused of trafficking millions of stolen credit cards and personal data. The action, announced on June 5 by the US Attorney’s Office for the Eastern District of Virginia, follows a court-authorized operation targeting the platform’s infrastructure and financial flows. The seized domains are now redirected to a law enforcement-controlled server. BidenCash, launched in March 2022, had grown to over 117,000 users and facilitated the sale of more than 15 million stolen…
Key takeaways ChatGPT can simplify and accelerate crypto analysis by interpreting market data, summarizing sentiment and generating strategy templates. Real traders use ChatGPT for bot development, technical interpretation and backtest simulation, showing practical applications beyond theory. Its strength lies in augmenting, not replacing, human trading decisions, especially when paired with tools like TradingView and LunarCrush. Limitations include a lack of real-time data and occasional prompt misinterpretation; success depends on prompt clarity and manual oversight. Combined with external platforms, ChatGPT becomes part of a powerful hybrid workflow for retail and professional…
Bitcoin holds firm above $105,000 global markets brace for turbulence amid renewed cross-border tensions. Geopolitical trends often ripple strongly throughout the financial markets, not sparing assets from bloodbaths or rallies depending on the nature of the headlines. The renewed US-China tariff standoff is beginning to weigh on equity markets, with traders bracing for a potential spike in volatility as the stock markets slide. Despite the pressure, the crypto sector has held firm, led by Bitcoin (BTC) in a modest uptick in recent hours. BTC briefly climbed above $106,000 before settling…
Key points: Bitcoin is approaching its bull market top, and even corporate buyers may not survive the plunge, Saifedean Ammous warned. BTC price action is still capable of an 80% drawdown, said the author of “The Bitcoin Standard.” Bitcoin OGs are increasingly warning about the potential lack of attention given to bear markets. Bitcoin (BTC) is approaching “very shaky ground” as it prepares its next blow-off top, celebrated author and educator Saifedean Ammous said. Speaking on the Coin Stories podcast on June 3, “The Bitcoin Standard” author warned that the…
Stablecoins have quietly exploded into a multi-billion-dollar payments juggernaut, with several businesses leading the charge – and Tether dominating the field. Artemis, Castle Island, Dragonfly Study: Stablecoin Monitoring Shows Several Unique Trends Stablecoin payments totaled $94.2 billion from January 2023 through February 2025, according to a new industry study. The research, conducted by analytics firm […] Source CryptoX Portal