#cryptocurrency
Bitcoin Drops to 16-Month Low: Is a Fall Below $60,000 Imminent?
Bitcoin, the world’s largest cryptocurrency, faced a dramatic price drop on February 6, 2026, hitting an intraday low of $60,008.52 during volatile trading. This marks the lowest point for Bitcoin since October 2024. The decline occurred amid a broader selloff across global markets, especially in technology stocks, metals, and other riskier assets, raising concerns about whether Bitcoin could fall below the $60,000 mark in the coming days. After touching this 16-month low, Bitcoin
Bitcoin Drops to 16-Month Low: Is a Fall Below $60,000 Imminent?
Bitcoin, the world’s largest cryptocurrency, faced a dramatic price drop on February 6, 2026, hitting an intraday low of $60,008.52 during volatile trading. This marks the lowest point for Bitcoin since October 2024. The decline occurred amid a broader selloff across global markets, especially in technology stocks, metals, and other riskier assets, raising concerns about whether Bitcoin could fall below the $60,000 mark in the coming days. After touching this 16-month low, Bitcoin
Bitcoin slides below $80,000 as global markets weaken and liquidations surge
Bitcoin traded slightly higher on Monday after falling below the $80,000 mark for the first time since April 2025, as a broad risk-off move across global markets weighed heavily on digital assets. The world’s largest cryptocurrency was priced at $77,925.99 as of 8:37 a.m. Eastern Time, reflecting a modest rebound of about 1% following sharp losses over the weekend. Earlier in the session, Bitcoin briefly touched a low of $74,876 before recovering part of its decline. The recent se
Bitcoin slides below $80,000 as global markets weaken and liquidations surge
Bitcoin traded slightly higher on Monday after falling below the $80,000 mark for the first time since April 2025, as a broad risk-off move across global markets weighed heavily on digital assets. The world’s largest cryptocurrency was priced at $77,925.99 as of 8:37 a.m. Eastern Time, reflecting a modest rebound of about 1% following sharp losses over the weekend. Earlier in the session, Bitcoin briefly touched a low of $74,876 before recovering part of its decline. The recent se
Trump family wealth drops by $1 billion amid steep cryptocurrency losses
The Trump family’s wealth has fallen by more than $1 billion following sharp losses in a range of cryptocurrency, memecoin, and other speculative digital asset investments. According to the Bloomberg Billionaires Index, the family’s net worth declined from roughly $7.7 billion in early September to around $6.7 billion, reflecting the impact of severe volatility in the broader crypto market as well as significant depreciation in Trump-linked tokens. The downturn marks one of the most subst
Trump family wealth drops by $1 billion amid steep cryptocurrency losses
The Trump family’s wealth has fallen by more than $1 billion following sharp losses in a range of cryptocurrency, memecoin, and other speculative digital asset investments. According to the Bloomberg Billionaires Index, the family’s net worth declined from roughly $7.7 billion in early September to around $6.7 billion, reflecting the impact of severe volatility in the broader crypto market as well as significant depreciation in Trump-linked tokens. The downturn marks one of the most subst
Bitcoin dips below $121,000 as crypto market faces new global downturn
The cryptocurrency market witnessed another downturn over the past 24 hours, mirroring the broader risk-averse sentiment in global markets. The overall market capitalization fell by 1.06%, led by weakness in major tokens as investors reassessed their exposure amid rising U.S. inflation expectations, ETF outflows, and growing uncertainty in digital asset trading. Bitcoin, the largest cryptocurrency by market value, dropped 0.64% in the last day and was trading around $121,186 at the
Bitcoin dips below $121,000 as crypto market faces new global downturn
The cryptocurrency market witnessed another downturn over the past 24 hours, mirroring the broader risk-averse sentiment in global markets. The overall market capitalization fell by 1.06%, led by weakness in major tokens as investors reassessed their exposure amid rising U.S. inflation expectations, ETF outflows, and growing uncertainty in digital asset trading. Bitcoin, the largest cryptocurrency by market value, dropped 0.64% in the last day and was trading around $121,186 at the
Bitcoin hits record high of $125,689 amid ETF inflows and weak dollar
Bitcoin has once again shattered its previous records, rising to a new all-time high of $125,689 during Asian trading hours on October 5, 2025. This marks a significant milestone for the world’s largest cryptocurrency, surpassing its earlier peak of $124,514 set in August. At the time of writing, Bitcoin was trading at $123,791.15, up by more than 10 percent over the past week, reaffirming its position as the dominant force in the digital asset space. The latest rally has reig
Bitcoin hits record high of $125,689 amid ETF inflows and weak dollar
Bitcoin has once again shattered its previous records, rising to a new all-time high of $125,689 during Asian trading hours on October 5, 2025. This marks a significant milestone for the world’s largest cryptocurrency, surpassing its earlier peak of $124,514 set in August. At the time of writing, Bitcoin was trading at $123,791.15, up by more than 10 percent over the past week, reaffirming its position as the dominant force in the digital asset space. The latest rally has reig
Trump family fortune surges to $6 billion after World Liberty Financial crypto launch
The Trump family has entered cryptocurrency in a major way with the launch of World Liberty Financial and its digital token, $WLFI. The debut of this venture has quickly become one of the most high-profile events in the crypto world of 2025 and is estimated to have elevated the family’s holdings to nearly $6 billion. While the launch created massive buzz across global markets, it also sparked renewed debate about potential conflicts of interest between President Donald Trump’s rol
Trump family fortune surges to $6 billion after World Liberty Financial crypto launch
The Trump family has entered cryptocurrency in a major way with the launch of World Liberty Financial and its digital token, $WLFI. The debut of this venture has quickly become one of the most high-profile events in the crypto world of 2025 and is estimated to have elevated the family’s holdings to nearly $6 billion. While the launch created massive buzz across global markets, it also sparked renewed debate about potential conflicts of interest between President Donald Trump’s rol
CBDT Cracks Down on Crypto Tax Evasion: Thousands Flagged for Undisclosed VDA Income
India’s tax authorities are zeroing in on cryptocurrency tax evaders in a major enforcement drive led by the Central Board of Direct Taxes (CBDT). As part of an intensified compliance campaign, the CBDT has flagged thousands of individuals and entities who failed to declare their income from Virtual Digital Assets (VDAs) for the assessment years 2023–24 and 2024–25. Many skipped Schedule VDA in their income tax returns or incorrectly applied
CBDT Cracks Down on Crypto Tax Evasion: Thousands Flagged for Undisclosed VDA Income
India’s tax authorities are zeroing in on cryptocurrency tax evaders in a major enforcement drive led by the Central Board of Direct Taxes (CBDT). As part of an intensified compliance campaign, the CBDT has flagged thousands of individuals and entities who failed to declare their income from Virtual Digital Assets (VDAs) for the assessment years 2023–24 and 2024–25. Many skipped Schedule VDA in their income tax returns or incorrectly applied
GameStop buys $512 million in bitcoin as part of new cryptocurrency investment plan
GameStop has officially entered the cryptocurrency space with a significant move, announcing the purchase of 4,710 bitcoins valued at approximately $512.6 million. This marks the video game retailer’s first major investment in bitcoin, aligning it with a trend pioneered by software firm MicroStrategy, which became well-known for amassing large amounts of the digital currency on its balance sheet. The announcement was made on Wednesday when bitcoin was trading at $108,837,
GameStop buys $512 million in bitcoin as part of new cryptocurrency investment plan
GameStop has officially entered the cryptocurrency space with a significant move, announcing the purchase of 4,710 bitcoins valued at approximately $512.6 million. This marks the video game retailer’s first major investment in bitcoin, aligning it with a trend pioneered by software firm MicroStrategy, which became well-known for amassing large amounts of the digital currency on its balance sheet. The announcement was made on Wednesday when bitcoin was trading at $108,837,
Stablecoin legislation gains momentum in Senate with bipartisan support
The United States Senate has taken a major step toward regulating stablecoins, a rapidly expanding segment of the cryptocurrency market. In a procedural vote on Monday, the Senate voted 66-32 to advance a bill designed to establish a federal regulatory framework for stablecoin issuers, marking a significant development in a legislative process that had previously stalled due to political tensions. Stablecoins are digital currencies tied to tangible assets such as the US dollar or
Stablecoin legislation gains momentum in Senate with bipartisan support
The United States Senate has taken a major step toward regulating stablecoins, a rapidly expanding segment of the cryptocurrency market. In a procedural vote on Monday, the Senate voted 66-32 to advance a bill designed to establish a federal regulatory framework for stablecoin issuers, marking a significant development in a legislative process that had previously stalled due to political tensions. Stablecoins are digital currencies tied to tangible assets such as the US dollar or
White House Crypto Summit Ends With Mixed Reactions as Bitcoin Drops
The first-ever White House crypto summit left some investors disappointed as Bitcoin prices dipped. While the event marked a shift in U.S. policy toward digital assets, the lack of strong commitments led to uncertainty. Crypto Industry Hopes for Stronger Support The White House hosted its first-ever cryptocurrency summit, bringing together top executive
White House Crypto Summit Ends With Mixed Reactions as Bitcoin Drops
The first-ever White House crypto summit left some investors disappointed as Bitcoin prices dipped. While the event marked a shift in U.S. policy toward digital assets, the lack of strong commitments led to uncertainty. Crypto Industry Hopes for Stronger Support The White House hosted its first-ever cryptocurrency summit, bringing together top executive
Trump Establishes Strategic Bitcoin Reserve, Prohibits Sale of US Government-Owned Cryptocurrency
President Donald Trump has signed an executive order establishing a Strategic Bitcoin Reserve, reinforcing the United States’ role in cryptocurrency management. This move marks a significant shift in federal policy toward digital assets, as the US government will now officially stockpile Bitcoin and other cryptocurrencies seized in criminal and civil forfeiture cases.Unlike traditional government reserves, this initiative does not involve taxpayer funds. Instead, the reserve will be bui
Trump Establishes Strategic Bitcoin Reserve, Prohibits Sale of US Government-Owned Cryptocurrency
President Donald Trump has signed an executive order establishing a Strategic Bitcoin Reserve, reinforcing the United States’ role in cryptocurrency management. This move marks a significant shift in federal policy toward digital assets, as the US government will now officially stockpile Bitcoin and other cryptocurrencies seized in criminal and civil forfeiture cases.Unlike traditional government reserves, this initiative does not involve taxpayer funds. Instead, the reserve will be bui
IMF Advises Kenya to Strengthen Crypto Regulations and Align with Global Standards
The International Monetary Fund (IMF) has advised Kenya to prioritize developing a predictable and robust regulatory framework for its cryptocurrency sector. In response to requests from Kenya's Capital Markets Authority (CMA) for input on future crypto regulations, the IMF conducted a detailed review of Kenya's crypto landscape. A 43-page Technical Assistance Report released on January 8 outlines the key steps needed to enhance regulation, ensuring the safety of participants and comp
IMF Advises Kenya to Strengthen Crypto Regulations and Align with Global Standards
The International Monetary Fund (IMF) has advised Kenya to prioritize developing a predictable and robust regulatory framework for its cryptocurrency sector. In response to requests from Kenya's Capital Markets Authority (CMA) for input on future crypto regulations, the IMF conducted a detailed review of Kenya's crypto landscape. A 43-page Technical Assistance Report released on January 8 outlines the key steps needed to enhance regulation, ensuring the safety of participants and comp
Bitcoin Hits $106,000 as Investors Anticipate Fed Rate Cut
Bitcoin reached an all-time high of over $106,000, marking a significant milestone just 10 days after surpassing the $100,000 mark. The cryptocurrency’s surge is fueled by expectations that the Federal Reserve may cut interest rates during its upcoming policy meeting. Lower interest rates historically benefit Bitcoin, as they weaken the US dollar and increase the money supply, driving investor interest in digital assets. Bitcoin has risen over 77% in the last year, and its rec
Bitcoin Hits $106,000 as Investors Anticipate Fed Rate Cut
Bitcoin reached an all-time high of over $106,000, marking a significant milestone just 10 days after surpassing the $100,000 mark. The cryptocurrency’s surge is fueled by expectations that the Federal Reserve may cut interest rates during its upcoming policy meeting. Lower interest rates historically benefit Bitcoin, as they weaken the US dollar and increase the money supply, driving investor interest in digital assets. Bitcoin has risen over 77% in the last year, and its rec
Trump Appoints David Sacks as AI and Crypto Czar
President-elect Donald Trump has appointed David Sacks, former PayPal COO and prominent podcaster, as the White House czar for artificial intelligence (AI) and cryptocurrency. This newly created role will see Sacks guide the administration's policy on these crucial sectors, which are seen as vital for America's future competitiveness. However, the specifics of how this new role will function within the government remain unclear. Trump praised Sacks for his business acumen, intelligenc
Trump Appoints David Sacks as AI and Crypto Czar
President-elect Donald Trump has appointed David Sacks, former PayPal COO and prominent podcaster, as the White House czar for artificial intelligence (AI) and cryptocurrency. This newly created role will see Sacks guide the administration's policy on these crucial sectors, which are seen as vital for America's future competitiveness. However, the specifics of how this new role will function within the government remain unclear. Trump praised Sacks for his business acumen, intelligenc
Bitcoin Passes $100,000: Key Facts About the Cryptocurrency
Bitcoin, the world’s most famous cryptocurrency, has crossed a major milestone, surpassing $100,000 in value for the first time. However, Bitcoin’s history remains shrouded in mystery, with its creator, known by the pseudonym Satoshi Nakamoto, remaining unidentified. Despite various claims, including one from Australian computer scientist Craig Wright, the true identity of Nakamoto has not been proven. Bitcoin was initially designed to be a decentralized alternative to traditional
Bitcoin Passes $100,000: Key Facts About the Cryptocurrency
Bitcoin, the world’s most famous cryptocurrency, has crossed a major milestone, surpassing $100,000 in value for the first time. However, Bitcoin’s history remains shrouded in mystery, with its creator, known by the pseudonym Satoshi Nakamoto, remaining unidentified. Despite various claims, including one from Australian computer scientist Craig Wright, the true identity of Nakamoto has not been proven. Bitcoin was initially designed to be a decentralized alternative to traditional
The Impact of Donald Trump's Victory on Global Markets
Donald Trump's victory in the 2024 US presidential election has sent shockwaves through global markets, with countries around the world feeling the effects of his win. The dynamics between nations are shifting, and conflicts are being impacted in new ways, highlighting the significant role Trump plays on the world stage. One country that stands to benefit from Trump's policies is India. With China currently dominating the market as the largest exporter of iPhones, India is
The Impact of Donald Trump's Victory on Global Markets
Donald Trump's victory in the 2024 US presidential election has sent shockwaves through global markets, with countries around the world feeling the effects of his win. The dynamics between nations are shifting, and conflicts are being impacted in new ways, highlighting the significant role Trump plays on the world stage. One country that stands to benefit from Trump's policies is India. With China currently dominating the market as the largest exporter of iPhones, India is
Is Peter Todd Satoshi Nakamoto? New HBO Documentary Raises Controversy
In a provocative new HBO documentary titled "Money Electric: The Bitcoin Mystery," filmmaker Cullen Hoback presents the theory that Canadian developer Peter Todd is the elusive Satoshi Nakamoto, the creator of Bitcoin. This claim has ignited discussions within the cryptocurrency community, especially as Hoback confronts both Todd and Adam Back, another prominent figure in the Bitcoin world, with his findings. In a pivotal moment captured in the documentary, Hoback asks Tod
Is Peter Todd Satoshi Nakamoto? New HBO Documentary Raises Controversy
In a provocative new HBO documentary titled "Money Electric: The Bitcoin Mystery," filmmaker Cullen Hoback presents the theory that Canadian developer Peter Todd is the elusive Satoshi Nakamoto, the creator of Bitcoin. This claim has ignited discussions within the cryptocurrency community, especially as Hoback confronts both Todd and Adam Back, another prominent figure in the Bitcoin world, with his findings. In a pivotal moment captured in the documentary, Hoback asks Tod









