Tag: Cryptocurrencies
Bitcoin dropped to $60,000 in a flash crash on Thursday night, marking its lowest level since September 2024.
The plunge triggered over $2 billion in liquidations across the crypto market.
Analysts attribute the selloff to repeated failures at key support levels and a risk-off sentiment in global markets.
In a stunning turn of events, Bitcoin suffered a severe flash crash late Thursday, plummeting to $60,000 before...
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.
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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...
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...
Crypto Weekly Snapshot – February’s Market Meltdown
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The crypto market opens February 2026 in turmoil, with total capitalization at $2.68 trillion amid heightened volatility and fear. Dominated by Bitcoin‘s 57% share, the sector faces pressure from macroeconomic headwinds and internal dynamics, yet pockets of resilience suggest potential rebounds. Key news revolves around widespread liquidations and institutional shifts, signaling a possible capitulation phase before recovery.
The...






