Bitcoin (BTC) fell below $75,000 on April 6, pressured by traditional markets as S&P 500 futures hit their lowest levels since January 2024. The initial panic also caused WTI oil futures to drop below $60 for the first time in four years. However, markets later recovered some losses, allowing Bitcoin to reclaim the $78,000 level….
El ex CEO de Binance, Changpeng “CZ” Zhao, ha sido nombrado asesor del Consejo Crypto de Pakistán, un organismo regulatorio recién formado encargado de supervisar el adopción del país de tecnología blockchain y activos digitales. El Ministerio de Finanzas de Pakistán confirmó el nombramiento y informó el 7 de abril. Zhao asesorará al organismo regulatorio…
Global financial markets continued to tumble on April 7, as US equities dropped more than 3%, wiping more than $2 trillion in value on market open. The pullback saw the S&P 500 drop 2.79%, with the index officially entering a bear market, following a 20% decline from its recent all-time highs. However, the SPX momentarily…
Key Takeaways The Fed faces pressure to consider an emergency rate cut amid market turmoil. JPMorgan’s Bob Michele raised the flags that companies are under strain. Share this article The Federal Reserve may need to implement an emergency rate cut before its scheduled May meeting due to severe market stress, said Bob Michele, Global Head…
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Solana has taken a sharp nosedive, losing nearly 22% of its value and trading around $98.09. This steep drop has sent shockwaves through the crypto community, sparking fears of an imminent larger breakdown. SOL is now flashing red across the board, with sellers firmly in control and bulls scrambling to defend critical levels. The decline…
Here we go again: A top centralized crypto exchange (CEX) was hacked, this time likely for the largest sum in humanity’s history. We were lucky to avoid the worst — platform collapse and devastating consequences for the industry. The incident reminded us again that even the strongest market players are not invincible. CEXs’ freedom to…
Los titulares de bitcoin enfrentan una presión renovada tras el anuncio de tarifas comerciales del presidente de los Estados Unidos, Donald Trump, que envió ondas de choque a través de mercados financieros globales, incluidas las criptomonedas. Incluso con Bitcoin (BTC) Hodlers bajo presión, algunos miembros de la comunidad, incluido el cofundador de BitMex, Arthur Hayes,…
Metaplanet, a Japanese hotel manager turned Bitcoin treasury company, has fully repaid 2 billion yen ($13.5 million) worth of bonds ahead of schedule as it seeks to shore up its financial position. Metaplanet conducted an early redemption of its 9th Series of Ordinary Bonds on April 4, more than five months before the maturity date,…
Key Takeaways Changpeng Zhao has been appointed as Strategic Advisor to the Pakistan Crypto Council. Pakistan aims to become a regional powerhouse for digital finance and blockchain-driven growth. Share this article Changpeng “CZ” Zhao, co-founder of Binance, has been named Strategic Advisor to the Pakistan Crypto Council (PCC), according to a Monday report by TechJuice,…
