Bitcoin’s BTC$121,745.46 price swoon is marked by a veteran trader placing a bearish bet worth millions of dollars. A bitcoin “OG” placed a leveraged short of 3,600 BTC, valued at $438 million, on the decentralized exchange Hyperliquid during overnight trading, as BTC’s spot price briefly dipped below $120,000, according to blockchain analyst LookOnChain. The liquidation
Institutional investors are no longer just experimenting with blockchain — they’re betting big on it. According to State Street’s 2025 Digital Assets Outlook, a majority of major financial institutions now view tokenization and digital assets as central to their long-term growth strategy. The study, based on a global survey of 324 senior executives across asset
Bitcoin prices dropped below $120,000 on Thursday, October 9, as several variables pushed the digital currency lower. The world’s most prominent cryptocurrency fell to as little as $119,713.65, after rising to as much as $123,822.08 earlier in the day, according to Coinbase data from TradingView. This movement represented a 3.3% decline. The digital asset reached
Crypto salaries are falling across the board despite Bitcoin’s record-breaking run this year, as companies lean on cost discipline and normalize pay after years of aggressive expansion. The downturn spans nearly every role and region, with both cash pay and token incentives shrinking from last year’s levels, according to the 2024/2025 Crypto Compensation Report from
Orbler is excited to announce its groundbreaking collaboration with StarSphere to power the future of the Web economy. This partnership aims to create a link between artificial intelligence (AI), gaming, and decentralized finance (DeFi). With this, the alliance is set to pave the way for a creator-powered economy to transform imagination directly into income. 🚀
Securing a job in the crypto industry could be challenging for less-experienced candidates this year, with only 1 in 10 crypto roles at the entry-level, according to a new survey from venture capital firm Dragonfly Capital. Crypto recruitment executives say the trend may be linked to a surge in failed crypto projects in recent times.
Treasury Secretary Scott Bessent has formally verified the US government’s status as among the world’s largest Bitcoin holders. This marks a significant step forward in the country’s expanding cryptocurrency ecosystem where not only general public, but the government itself, that once was against the notion of cryptocurrency itself, seems to be inclined towards considering Bitcoin
The IRS is rewriting the playbook for 2026, changing tax brackets in a way that will decide how much money Americans keep and how much goes straight to Washington. The agency said new income limits are being introduced to better tackle inflation, a reset that will change the numbers on every tax return filed in
The European Union should foster the development of euro-denominated stablecoins to compete with US dollar-denominated tokens, according to Pierre Gramegna, the managing director of the European Stability Mechanism (ESM), an economic crisis organization for the EU. “Europe should not be dependent on US dollar-denominated stablecoins, which are currently dominating markets,” Gramegna said at Thursday’s hearing