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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 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. ...

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...