Bitcoin surged past $71,000 following a dramatic sell-off, signaling a potential market recovery. However, cautious sentiment persists among professional traders, as derivatives data reveals lingering doubts about the rally’s sustainability.
Justin Bieber once invested a staggering $1.3 million to own a Bored Ape Yacht Club NFT during the peak of the crypto craze. Today, those same NFTs have plummeted in value, now starting at just $12,000, highlighting the volatile nature of digital collectibles.
The sharp collapse of Bitcoin and Ether is sending shockwaves through crypto treasuries, ETFs, and mining operations, forcing companies to reevaluate their financial strategies. Discover how this market turmoil is reshaping balance sheets and challenging the resilience of digital asset infrastructure.
Proponents of AI agents say the new technology will simplify crypto trading and other financial activities for the average user. Source: Cointelegraph
The White House is betting that a new cash-pay platform—built around blockbuster GLP-1 drugs—can pressure Big Pharma and bypass the middlemen who keep U.S. prices high. Source: Decrypt
The South Korean exchange said an internal error during a promotional event led to brief price dislocations, stressing that no customer assets were lost. Source: Cointelegraph
Publicly traded Bitcoin miner Bitfarms is planning a move to the United States and a name change as it transitions from crypto to AI compute. Source: Decrypt
Coinbase customers faced losses in fresh ways through the exchange’s crypto-backed lending product as Bitcoin and Ethereum tumbled this week. Source: Decrypt
Bitcoin dipped toward $60,000 after liquidations across crypto derivatives markets reached $2.56 billion, the 10th-largest daily total on record. Source: Cointelegraph
Bitcoin and altcoins saw strong double-digit price rebounds after this week’s brutal sell-off, but do technical charts forecast a longer-term recovery, or is today’s rally just a dead cat bounce? Source: Cointelegraph