Author: CryptoPress

Bitcoin officially surpassed the $85,200 price mark amid robust post-election market momentum. Trading volumes expanded significantly across major exchanges as open interest reached record-setting levels for derivatives contracts. Market analysts note that sustained institutional demand continues to serve as the primary catalyst behind the ongoing upward price discovery. Bitcoin extended its historic bull run on Tuesday, officially clearing...

Cryptocurrency exchange Bitget has officially begun restoring withdrawal services after halting operations due to a security breach affecting its hot and warm wallet infrastructure. The platform assured users that all affected assets resulting from the unauthorized transactions will be fully covered by the exchange’s internal reserves. Security monitors and on-chain analysts are continuing to track the movement of funds associated with...

Citigroup is allegedly preparing to roll out a stablecoin-powered merchant checkout solution in collaboration with crypto exchange Coinbase, according to industry reports. The initiative marks a significant step for a major traditional financial institution integrating blockchain-based payments directly into global commerce. Banking heavyweight Citigroup is reportedly developing a new stablecoin checkout infrastructure for its global...

Stablecoin issuer Tether blacklisted multiple addresses holding over $29 million in USDT linked to recent exploits targeting crypto exchange Bitget. The freeze comes shortly after on-chain investigators flagged suspicious outflows and unauthorized asset movements originating from affected user accounts. Bitget management assured users that the platform’s core funds remain secure and that affected individuals will be fully compensated...