Bitcoin has fallen to its lowest level in three weeks as US President Donald Trump released an executive order imposing trade tariffs on a raft of countries. Bitcoin (BTC) fell to $114,250 on Coinbase during early trading in Asia on Friday, according to TradingView. It hasn’t been that low since June 11. The original cryptocurrency
Bitcoin (BTC) fell 2.3% to ~$115,300, pressured by a third major wave of profit-taking and new US tariffs. $6–8 billion in realized gains were recorded in late July, with an “OG whale” selling 80,000 BTC on July 25. New tariff tensions, including measures targeting Canada, have rattled broader risk assets, including crypto. Bitcoin is poised
Pakistan’s Minister of State for Crypto and Blockchain, Bilal Bin Saqib, visited El Salvador in mid-July to establish strategic alliances and gain a deeper understanding of the bitcoin adoption process in the Central American country, to replicate and adapt the positive impact it’s having overall in Pakistan. Bitcoin diplomacy is underway, and such is the
Solv Protocol, which offers financial services to bitcoin holders, announced BTC+, an automated vault for generating returns on spot market holdings. The new product taps several crypto sub-sectors and strategies, including basis arbitrage, DeFi credit markets, protocol staking and tokenized real-world assets to offer a one-stop yield-farming shop for BTC holders. The introduction underscores the
Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. Bitcoin is set to end the trading week in Asia down
Bitcoin (BTC) continues to face resistance just under the $120,000 mark, struggling to build enough momentum for a breakout. Over the past 24 hours, the cryptocurrency has remained in a tight trading range above $118,000, representing a slight decline of nearly 4% from its most recent all-time high. Despite the lack of upward movement, analysts
Jack Dorsey has spent the last decade searching for ways to strip intermediaries out of communication and finance. He has maintained that Twitter would have been better conceived as a protocol than an app; since then he has supported the development of Nostr, an open-source, permissionless, and censorship-resistant social network. Now he and a team