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Author: JUAN MENDE

Tech & Crypto Enthusiast | IP Lawyer turned Marketer. > Currently driving growth and content strategy as an editor at Cryptopress and other crypto projects. I specialize in bridging the gap between complex digital projects and clear, engaging content.
Bitcoin Breaks K Support in Sharp Correction Tied to Global Risk-Off Mood

Bitcoin Breaks $70K Support in Sharp Correction Tied to Global Risk-Off Mood

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Bitcoin fell below $70,000, hitting lows near $69,900 on some exchanges amid a broader risk-off move in global markets. The drop erased much of the post-2024 bull gains, with sentiment plunging into “extreme fear” on the Fear and Greed Index at 11. Miners face intensified pressure as BTC trades ~20% below estimated production costs around $87,000, while ETF outflows and liquidations add to downside risks. ...

Bitcoin, Cryptocurrencies, Front page, News

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Prediction Markets Under Fire - Nevada vs. Coinbase

Prediction Markets Under Fire: Nevada vs. Coinbase

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– The Nevada Gaming Control Board has filed a civil enforcement action against Coinbase for offering unlicensed sports and event contracts.– Regulators seek to halt the platform’s operations in the state, citing violations of gambling age requirements and unfair competition.– This move comes amid broader regulatory scrutiny of prediction markets across multiple U.S. states. The Nevada Gaming Control Board...

Cryptocurrencies, Front page, News

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xAI Opens Crypto Expert Role Amid .25 Trillion SpaceX Merger

xAI Opens Crypto Expert Role Amid $1.25 Trillion SpaceX Merger

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xAI has posted a job listing for a crypto finance expert to train its AI models on quantitative finance, on-chain analysis, and market microstructure. The hiring comes as xAI completes its merger with SpaceX, creating a combined company valued at approximately $1.25 trillion ahead of a potential IPO. The integration seeks to build space-based data centers, potentially reducing costs for AI compute through orbital...

AI, Cryptocurrencies, Front page, News

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Nomura Scales Back Crypto Exposure After Q3 Losses Hit Laser Digital

Nomura Scales Back Crypto Exposure After Q3 Losses Hit Laser Digital

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Nomura Holdings has tightened risk management and reduced crypto positions after unspecified losses at its Laser Digital unit in Q3 FY2025. The adjustments contributed to a 9.7% year-over-year decline in net income to ¥91.6 billion, with European operations posting a ¥10.6 billion loss. Despite the cutbacks, Nomura’s CFO affirmed the firm’s ongoing dedication to digital assets and plans for medium- to long-term...

Bitcoin, Cryptocurrencies, Front page, News

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Massive 0M ETH Liquidation Sparks .5B Crypto Wipeout as Prices Plunge

Massive $250M ETH Liquidation Sparks $2.5B Crypto Wipeout as Prices Plunge

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Total crypto liquidations exceeded $2.5 billion in the past 24 hours, with Ethereum accounting for $1.14 billion and Bitcoin for $765 million. The ‘Hyperunit whale,’ associated with former BitForex CEO Garrett Jin, closed out a leveraged ETH position on Hyperliquid, realizing a $250 million loss and leaving the account with just $53. BitMine Immersion Technologies is facing over $6 billion in unrealized losses on its...

Cryptocurrencies, Ethereum, Front page, News

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