cryptogazet 
Bitcoin dropped below the $81,000 level, triggering a wave of forced liquidations that wiped out nearly $1 billion from the cryptocurrency market over the past 24 hours. The sharp move underscores heightened volatility as traders unwind leveraged positions amid a broader risk-off shift. The sell-off swept across major digital assets, with derivatives markets bearing the … Read more
Ethereum fell below the $2,500 level, extending losses amid renewed selling pressure across the broader cryptocurrency market. The move marks a notable technical break for the second-largest digital asset by market capitalization. The decline comes as traders reassess risk exposure following heightened volatility in both crypto and traditional markets. Key Takeaways Ethereum dropped below the … Read more
The United Nations is warning of an “imminent financial collapse” — but the alert is about the UN’s own ability to keep operating, not a call for the public to brace for a global financial system crash. The warning surfaced after UN Secretary-General António Guterres urged member states to pay assessed dues in full and … Read more
Iran has launched new live-fire naval exercises around the Strait of Hormuz, a move that immediately pulls energy-shock and escalation risk back into global macro pricing—conditions that often spill into crypto through USD liquidity, volatility regimes, and thinner weekend order books. Separately, regional reporting has pointed to further Iran-Russia-China maritime coordination in coming weeks, while … Read more
Fundstrat’s Thomas “Tom” Lee said BitMine is “well positioned” as Ethereum increasingly underpins modern financial infrastructure, framing the company’s strategy around long-term ETH accumulation and staking rather than short-term price moves. Lee’s comments come as investors have piled into gold and silver, a rotation he argues has temporarily pulled risk appetite away from crypto even … Read more
A rare synchronized selloff across Bitcoin, gold, and silver has pushed “macro-style” risk dynamics back to the center of crypto price action, as broad deleveraging appears to be driving flows more than token-specific narratives. The episode was discussed in a recent market wrap that pointed to sharp intraday moves in precious metals alongside crypto drawdowns … Read more
U.S. policy uncertainty is back in focus for digital assets after President Donald Trump said he will nominate former Federal Reserve governor Kevin Warsh to succeed Jerome Powell in May, while lawmakers simultaneously raced a late-January funding deadline amid a dispute tied to Department of Homeland Security (DHS) appropriations. The two headlines land on the … Read more
PENGUIN has been listed for spot trading on Bitget, introducing a new PENGUIN/USDT market for traders seeking direct exposure to the token against Tether’s dollar-pegged stablecoin. The listing was flagged via Coindar’s event tracker, and Bitget’s own spot market interface now shows the PENGUIN/USDT pair as available to users, confirming the rollout through the exchange’s … Read more
Tether’s latest disclosures show a profit step-down versus the prior year even as the stablecoin issuer’s U.S. Treasury exposure climbs to fresh records, underscoring how sensitive the company’s earnings can be to rates, reserve mix, and issuance trends. In a company update tied to its BDO-prepared attestation, Tether said its 2024 results included $13 billion … Read more
Polkadot’s Treasury has posted its first properly positive “income statement” quarter since the network’s OpenGov era began, according to the latest community financial reporting, even as DOT’s market performance has remained comparatively soft versus broader crypto benchmarks. The divergence highlights a recurring reality in crypto: a protocol’s internal cashflow mechanics and treasury management can improve … Read more