Crypto Market Liquidations Exceed $2.23B as Bitcoin Crashes
The cryptocurrency market witnessed a brutal sell-off, with over $2.23 billion in liquidations as Bitcoin and Ethereum crashed amid rising geopolitical concerns. đ Bitcoin (BTC) fell 6.5% to $92,500 before recovering slightly.đ Ethereum (ETH) plunged 20%, breaking below its key $2,750 support level.đ Overall crypto market cap shrank by 10%, hitting $3.07 trillion. This turbulence […]
India Hits Crypto Holders With Retroactive 70% Tax Penalty
The Indian government has sent shockwaves through the cryptocurrency market with its harsh new tax policy, which took effect on February 1, 2025. đ´ Whatâs new? Itâs one of the toughest stances on crypto taxation globally, signaling that India is doubling down on its anti-crypto approach. Retroactive Taxation: A Nightmare for Crypto Holders For traders […]
OpenAI Strikes Back at DeepSeek With o3-Mini AI Model
After Chinese startup DeepSeekâs R1 model shocked the AI world by matching top-tier performance at a fraction of the cost, OpenAI has fired back with o3-mini, a cost-efficient AI model designed for reasoning tasks. âWeâre releasing OpenAI o3-mini, the newest, most cost-efficient model in our reasoning series,â OpenAI announced in a blog post on Friday. […]
Ethereumâs MicroStrategy Imitation Flops, Refunds Depositors
An attempt to replicate MicroStrategyâs Bitcoin-buying playbook on Ethereum has flopped spectacularly, with its founders now returning investor funds. EtherStrategy, launched by Ethereum veterans Justin Bram and Joseph Delong, aimed to sell shares and issue debt to accumulate Ether (ETH), much like MicroStrategy does with Bitcoin. However, the project attracted just 270 ETH (worth around […]
SEC Approves Bitwise Bitcoin & Ethereum ETF
The U.S. Securities and Exchange Commission (SEC) has granted accelerated approval for Bitwiseâs Bitcoin and Ethereum ETF, allowing investors to gain exposure to both cryptocurrencies in a single fund. This landmark decision represents a regulatory shift under the Trump administration, as the SEC moves toward a more crypto-friendly stance. The ETF, launched in partnership with […]
ECBâs Lagarde Rejects Bitcoin as Reserve Asset
European Central Bank (ECB) President Christine Lagarde has firmly dismissed the possibility of European nations adding Bitcoin to their reserves in the near future. At a press conference in Frankfurt on Thursday, Lagarde criticized Bitcoinâs volatility and its association with illicit finance, arguing that it fails to meet the standards of a legitimate reserve asset. […]
Robert Kiyosaki Shifts from Gold to Bitcoin
Robert Kiyosaki, the best-selling author of Rich Dad Poor Dad, has made a dramatic shift in his investment strategy, announcing that he is selling his gold and silver holdings to buy Bitcoin (BTC). In a recent YouTube video to his 3.5 million subscribers, Kiyosaki explained why he sees Bitcoin as the superior asset, predicting that […]
Bitcoin Poised for $130K Surge, Says Standard Chartered
Bitcoin could surge to $130,000 within the next two months, according to Geoff Kendrick, head of digital asset research at Standard Chartered. In a recent market note, Kendrick stated that Bitcoin might soon begin testing new record highs, following its peak of $108,786 ten days ago. Currently, Bitcoin is trading at $105,003, after reaching an […]
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