Browsing: AI
The cryptocurrency market faced a significant downturn as Bitcoin briefly fell below $75,000, marking extreme volatility across the board. Major altcoins followed suit, with risk appetite shrinking amidst thin weekend trading conditions.
Bitcoin’s price fell dramatically to $74,600, impacting ETF investors as liquidity concerns drive turbulence in the market.
India’s latest budget confirms a continuation of its 30% crypto tax and introduces new penalties for reporting failures, raising concerns within the industry.
On February 1, Bitcoin’s dive below $75,000 resulted in colossal paper losses for Strategy, triggering scrutiny across corporate crypto treasuries.
Oracle’s ambitious plan to raise $50 billion for its AI cloud expansion has raised eyebrows among investors, triggering concerns over cash flow and operational sustainability.
CME Bitcoin futures have launched with a significant $6.8K gap, marking the second-largest gap recorded, underscoring the volatility in the cryptocurrency market.
A $500 million investment from a UAE-backed group has raised eyebrows over foreign influence in a crypto firm tied to Trump, with calls for greater transparency and oversight growing louder.
The cryptocurrency market plunged dramatically as over $2.5 billion in liquidations swept across exchanges. A single trader’s forced liquidation of nearly $220 million in Ethereum (ETH) positions exemplified the volatility that continues to plague digital assets.
South Korea’s exports surged by 34% in January, driven by an unprecedented demand for semiconductors and a robust global market, setting a new monthly record for the country.
As the euro climbs beyond $1.20 and eurozone inflation dips, the European Central Bank finds itself at a crossroads heading into its first policy meeting of 2026.
