Ethereum has dropped about 20% over the past 24 hours, falling below $1,500 for the first time since March 2023. Ethereum (ETH) is trading at $1,476 at the time of press, having recorded a 24-hour high of $1799. The broader…
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ETH, SOL, DOGE, XRP crash amid crypto market sell-off [btcmanager]
Ethereum, Solana, and other major altcoins took a beating on Monday as the entire crypto market dropped more than 13%, following a big selloff in Asian markets, leading to more than $1 billion in liquidations. Ethereum (ETH), the largest altcoin,…
US federal agencies reportedly set to disclose crypto holdings to Treasury [btcmanager]
United States federal agencies are preparing to disclose their crypto holdings to the Treasury in accordance with a presidential executive order signed earlier this month. Unnamed sources within the White House say the reports are due by Monday, according to…
BTC mining hashrate hits ATH, intensifying pressure on U.S. miners squeezed by tariffs [btcmanager]
As Bitcoin’s hashrate hits an all-time high, U.S. miners grapple with shrinking profits on top of rising equipment costs due to Trump’s tariffs. Bitcoin (BTC) mining hashrate—the measure of computational power used to mine and process transactions on the network—has…
Russian social network VK closes NFT marketplace as net loss almost triples [btcmanager]
Kremlin-backed social network VK will close its NFT platform this month, following a year of deepening losses and a planned $1.36 billion share issue to reduce debt. Russian social media company VK plans to shut down its marketplace for non-fungible…
Bitcoin crashes below $75k as circuit breaker events hit Asian and European markets [btcmanager]
Bitcoin has fallen as much as 12% in the past day, falling below the $75,000 threshold amid Asian and European markets plunge in the aftermath of Trump’s tariff announcement. According to data from crypto.news, BTC (BTC) has fallen as low…
Tether in US regulatory talks over stablecoin as possible ‘settlement currency’ [btcmanager]
Tether’s chief executive Paolo Ardoino says the stablecoin issuer is in talks with US officials and may even launch a dollar-pegged token tailored for the domestic market only. Tether (USDT) CEO Paolo Ardoino says the company may consider launching a…
Hong Kong SFC allows licensed crypto firms to provide staking services [btcmanager]
Hong Kong financial authorities have officially allowed crypto firms to provide staking services for customers. However, they must abide by guidelines meant to protect users from associated risks. According to a notice published by the Securities and Futures Commission on…
Bitcoin ETFs post $172m in weekly outflows amid market bloodbath [btcmanager]
Spot Bitcoin exchange-traded funds in the U.S. recorded a negative week once again amid escalating trade tensions following President Donald Trump’s announcement of new tariffs, dubbed ‘Liberation Day’ duties. According to data from SoSoValue, the 12 spot Bitcoin ETFs reported…
Sei ecosystem-based Filament DEX exploited for $572K [btcmanager]
Filament, a decentralized exchange built on the Sei blockchain, has been hit by a major self-liquidation exploit. According to the platform’s post-hack statement shared on X, attackers took advantage of the platform’s order book system to steal around $572,000. The…