Bitcoin is poised to end February with another decline, marking its fifth consecutive month in the red. According to market data, the leading cryptocurrency lost approximately 16.3% of its value in February, marking its worst February performance since 2020. Historically, Bitcoin has seen an average increase of 11% in February, but this year the trend
Amid renewed United States attacks on Iran, a cryptocurrency trader has netted notable profits from betting that Washington would strike Tehran. In this case, a trader identified as Vivaldi007 on the betting platform Polymarket earned about $385,000 by anticipating the military action, according to the latest on-chain data retrieved on February 28. Insights show the
After a week of bullish optimism around Bitcoin, the Cryptocurrency has experienced a new shock amid geopolitical tensions. $BTC dips to $ 64,000 on the last day of the month, down 6% in 24 hours. The asset has hit its lowest since February, near $63000. Altcons also react bearishly to this. This reaction came suddenly
Story Highlights Over 154,000 traders liquidated and $522M wiped out in 24 hours as US-Israel strikes on Iran crash Bitcoin below $64K. Every past Iran strike crashed crypto, then sent it higher. But this time, three key signals suggest the setup is different. Smart money is making moves while retail panics. Bombs, not bears, just
Andrew Webley, CEO of The Smarter Web Company, shared a detailed weekly update outlining two major strategic moves. In his post, Webley highlighted the firm’s first acquisition, Squarebird and the launch of a new $30 million credit facility with Coinbase. This week we were pleased to announce two significant developments. I also spent several days
Paramount Skydance has agreed to acquire Warner Bros Discovery in a $110 billion deal signed Friday morning, capping a high-profile bidding battle that drew in Netflix. According to an internal townhall reviewed by Reuters, Warner Bros executives confirmed that Netflix had the legal right to match Paramount Skydance’s offer but ultimately declined. That decision cleared
The stagnation in Bitcoin prices and the entry of institutional players into the market have raised claims of “price suppression” within the cryptocurrency community. Jeff Park, Chief Investment Officer (CIO) of ProCap Financial, discussed these claims and the behind-the-scenes workings of Bitcoin ETFs in a broadcast he participated in. Jeff Park acknowledged that Bitcoin ETFs
While recent sharp declines in cryptocurrency markets have worried investors, an optimistic statement has come from Grayscale, one of the world’s largest crypto asset management companies. Grayscale Research Director Zach Pandl rejected the characterization of the market downturn as a “crypto winter,” arguing instead that the current situation is a macroeconomic risk mitigation process. Zach
Bitcoin fell below $64,000 in Saturday trading after the U.S. and Israel launched military strikes on Iran, pushing the largest cryptocurrency down roughly 3% in a matter of hours and extending what had already been a difficult weekend for risk assets.The move brings bitcoin to its lowest level since the Feb. 5 crash, when the
Tensions between Israel and Iran have reached a new level. According to reports in the US press, Israel launched a “preemptive strike” against Iran today. According to CNN, Israeli Defense Minister Israel Katz confirmed that an operation was carried out against Iran. Katz stated that the attack was “preventive” and announced a state of emergency