Bitcoin Falls Below $60,000, Marking Lowest Level Since October 2024
Bitcoin dropped below $60,000 amid shifting investor focus and liquidity changes, continuing its downward trend from last year’s peak above $126,000.
Crypto & Fintech
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Bitcoin Nears Key Support as Price Falls Below Rainbow Chart Bands
Bitcoin’s price continues downward pressure, breaking below key support levels on the Rainbow Chart and signaling potential further decline toward $51,000.
Crypto & Fintech
Institutional Investors Cut Bitcoin Holdings in Q1 Amid Market Downturn
Professional investors reduced their Bitcoin exposure significantly during the first quarter, driven by hedge funds and brokerages, while banks and strategic allocators increased their holdings.
Crypto & Fintech
Rising Bitcoin Losses Signal Market Pressure Amid Recent Price Decline
Bitcoin’s recent price drop has pushed more investors into unrealized losses, reflecting growing market stress and shifting sentiment toward caution.
Crypto & Fintech
Chilean Authorities Dismantle $90 Million Crypto Money Laundering Network Linked to Organized Crime
Chilean police arrested about 20 suspects after breaking up a large-scale crypto laundering network accused of processing nearly $90 million linked to the Tren de Aragua cartel.
Crypto & Fintech
Bitcoin Falls Below $60,000, Dragging Crypto Market Value Down by $2 Trillion
Bitcoin’s price dropped to its lowest level since last October, intensifying a sell-off that has erased over $2 trillion from the crypto market since late 2025.
Crypto & Fintech
U.S. House Committee Advances Detailed Crypto Tax Bill Focused on Stablecoins, Staking, and Mining
The U.S. House Ways and Means Committee moves forward on landmark legislation proposing clear tax rules for stablecoins, staking rewards, and cryptocurrency mining income.
Crypto & Fintech
SEC Commissioner Argues Blockchain Code Is Protected Free Speech Under the Constitution
A US securities regulator emphasized that open-source blockchain software development is constitutionally protected speech, challenging its automatic treatment as a securities activity.
Crypto & Fintech
Institutional Bitcoin Holdings Face Heavy Losses Amid Bitcoin's Prolonged Decline
Bitcoin’s price slide has triggered significant unrealized losses across institutional Bitcoin treasuries, with major holders seeing billions wiped off their portfolios.
Crypto & Fintech
Mt. Gox Bitcoin Repayments Drive BTC Below $60,000 Amid Market Selloff
Bitcoin fell below the $60,000 mark as Mt. Gox began large Bitcoin repayments to creditors, sparking widespread sell pressure and pushing the crypto market into deep correction territory.
Crypto & Fintech
Michael Saylor Rebuts Jim Cramer’s Claims Amid Bitcoin Price Drop
Michael Saylor dismissed accusations from Jim Cramer blaming him for Bitcoin’s recent plunge, sparking debate over broader market factors influencing BTC’s decline.
Crypto & Fintech
Ethereum Whale Sells 10,000 ETH as Market Faces Increased Downside Pressure
A long-dormant Ethereum wallet sold 10,000 ETH amid dwindling USDC reserves and persistent bearish signals, highlighting growing risk aversion among large holders.