Story Highlights Fear of US China trade war escalation after the threat of 100% tariffs resulted in sharp crypto market plunge. It caused $380 billion drop in market capitalization before recovery. The crash was driven by a misinterpretation made by Trump about China’s rare earth export rules On October 10, crypto markets plunged as President
Bitcoin price is staging a steady recovery after the sharp crash on Friday that pulled it from $122,000 to $102,000 at its lowest point. The rebound, however, has been driven not by leveraged traders but by spot holders showing remarkable resilience amid volatile conditions. Bitcoin Holders Show Restraint Despite the steep market decline, Bitcoin investors
Robert Kiyosaki, the renowned author known for his book “Rich Dad Poor Dad” on financial freedom, announced that he supports US President Donald Trump’s policy of opening 401k retirement plans to alternative assets. Kiyosaki described Trump’s policy, which now allows 401k funds to be used in “alternative investments,” including real estate debt, physical gold and
Gold is vastly outperforming Bitcoin this year, but you would not know this if you read Anthony Pompliano on the X social media network. In fact, in his most recent social media post, the 37-year-old entrepreneur claims that gold has been a disastrous investment since 2020. “It has lost 84% of its purchasing power compared
Key Takeaways MARA Holdings, a publicly listed Bitcoin mining firm, added 400 BTC to its reserves. The acquisition was conducted through FalconX, an institutional digital asset trading platform. MARA Holdings, a publicly traded Bitcoin mining company, increased its Bitcoin holdings by 400 BTC through a transaction facilitated by FalconX, a digital asset trading platform. The
This is a daily analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole. We’ve probably all heard this phrase: “Once is an accident, twice is a coincidence, three times is a pattern.” The old saying is perfectly applicable to the bitcoin BTC$114,828.82 market, where the crash on Friday marked the third time bulls failed
The crypto wallet used to be no more than a key to store coins. Now, the wallet is evolving into a full-fledged identity container, holding reusable credentials such as KYC checks, diplomas, and licenses that can accompany users across apps and chains. This shift is coming at a timely moment. The European Union’s Digital Identity
The anticipated update to the Bitcoin network, Bitcoin Core v30.0, has been officially released and is available for download to node operators. According to release notes shared by Bitcoin Core, the update brings performance improvements and bug fixes. However, many devs and Bitcoin supporters are opposing an update to OP_RETURN, which lets users attach data
Version 30.0 of Bitcoin Core, Bitcoin’s (BTC) most popular full node software, has been released. The new version features performance improvements, bug fixes, and policy changes. The most prominent innovations include higher limits for signature transactions, support for multiple OP_RETURN outputs, and lower default transaction fee rates. The new version also includes significant changes to