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
Tesla faces potential California sales halt amid scrutiny of self-driving claims
California regulators have warned Tesla that its license to sell electric vehicles in the state could be temporarily suspended early next year unless the automaker revises how it markets its self-driving technology. The warning follows a legal decision concluding that Tesla misled consumers for years by overstating the capabilities of its driver assistance systems, particularly through the use of the terms Autopilot and Full Self-Driving. In a decision released late Tuesday, an admi
Tesla faces potential California sales halt amid scrutiny of self-driving claims
California regulators have warned Tesla that its license to sell electric vehicles in the state could be temporarily suspended early next year unless the automaker revises how it markets its self-driving technology. The warning follows a legal decision concluding that Tesla misled consumers for years by overstating the capabilities of its driver assistance systems, particularly through the use of the terms Autopilot and Full Self-Driving. In a decision released late Tuesday, an admi
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
Gaming Body Urges Amit Shah to Intervene Against Blanket Ban on Money-Based Gaming
The All India Gaming Federation (AIGF) has urgently appealed to Union Home Minister Amit Shah to intervene in the proposed Online Gaming Bill, voicing concerns over the potential harm a blanket ban could cause to India’s burgeoning gaming industry. The federation, in its communication, emphasized the need for "progressive regulation" to safeguard the interests of millions of legitimate players and the broader gaming sector.
Gaming Body Urges Amit Shah to Intervene Against Blanket Ban on Money-Based Gaming
The All India Gaming Federation (AIGF) has urgently appealed to Union Home Minister Amit Shah to intervene in the proposed Online Gaming Bill, voicing concerns over the potential harm a blanket ban could cause to India’s burgeoning gaming industry. The federation, in its communication, emphasized the need for "progressive regulation" to safeguard the interests of millions of legitimate players and the broader gaming sector.
Indian Government Says X Not Immune Under IT Act for Unlawful Social Media Posts
The Indian government has informed the Karnataka High Court that the platform X, owned by Elon Musk, cannot claim unrestricted legal immunity under the ‘safe harbour’ provision of the Information Technology Act when it comes to allowing unlawful content. The Centre stressed that promoting or tolerating harmful material under the guise of free speech poses a significant threat to democracy, public order, and social cohesion. In its written submission to the court, the g
Indian Government Says X Not Immune Under IT Act for Unlawful Social Media Posts
The Indian government has informed the Karnataka High Court that the platform X, owned by Elon Musk, cannot claim unrestricted legal immunity under the ‘safe harbour’ provision of the Information Technology Act when it comes to allowing unlawful content. The Centre stressed that promoting or tolerating harmful material under the guise of free speech poses a significant threat to democracy, public order, and social cohesion. In its written submission to the court, the g
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
RBI Tightens Rules on Offshore Gifting by Indian Families to NRIs
In recent years, affluent Indian families have increasingly turned to offshore gifting as a means to support their children settled abroad, whether for education, property acquisitions, or participation in investor immigration programs like the U.S. EB-5 visa. While such familial financial support is common, the Reserve Bank of India (RBI) has intensified scrutiny over these transactions, particularly when they involve significant foreign investments and large remittances. T
RBI Tightens Rules on Offshore Gifting by Indian Families to NRIs
In recent years, affluent Indian families have increasingly turned to offshore gifting as a means to support their children settled abroad, whether for education, property acquisitions, or participation in investor immigration programs like the U.S. EB-5 visa. While such familial financial support is common, the Reserve Bank of India (RBI) has intensified scrutiny over these transactions, particularly when they involve significant foreign investments and large remittances. T
Reagan Airport Helicopter Ban Urged After 67 Die in Midair Collision
The National Transportation Safety Board (NTSB) is calling for strict restrictions on helicopter traffic near Ronald Reagan National Airport. This request follows a tragic midair collision that claimed the lives of 67 people, marking the deadliest aviation accident in the United States in over two decades. The catastrophic collision occurred on January 29 near the nation's capital. Following the tragedy, NTSB Chairperson Jennifer Homendy urged the Federal Aviation Admin
Reagan Airport Helicopter Ban Urged After 67 Die in Midair Collision
The National Transportation Safety Board (NTSB) is calling for strict restrictions on helicopter traffic near Ronald Reagan National Airport. This request follows a tragic midair collision that claimed the lives of 67 people, marking the deadliest aviation accident in the United States in over two decades. The catastrophic collision occurred on January 29 near the nation's capital. Following the tragedy, NTSB Chairperson Jennifer Homendy urged the Federal Aviation Admin
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
Sebi's New Algo Trading Rules: Enhancing Investor Protection and Market Transparency
SEBI has introduced new algorithmic trading regulations requiring firms to register with stock exchanges. The rules mandate closed, vendor-specific APIs and unique trade identifiers for transparency. Brokers must conduct due diligence before onboarding algo providers. Investors creating their own algorithms above set limits must register through brokers. These measures aim to prevent market manipulation, enhance security, and ensure compliance, improving oversight in high-frequency trading en
Sebi's New Algo Trading Rules: Enhancing Investor Protection and Market Transparency
SEBI has introduced new algorithmic trading regulations requiring firms to register with stock exchanges. The rules mandate closed, vendor-specific APIs and unique trade identifiers for transparency. Brokers must conduct due diligence before onboarding algo providers. Investors creating their own algorithms above set limits must register through brokers. These measures aim to prevent market manipulation, enhance security, and ensure compliance, improving oversight in high-frequency trading en
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
Supreme Court Orders UGC to Tackle Caste-Based Discrimination in Universities
The Supreme Court of India on Friday emphasized the need for an effective mechanism to combat caste-based discrimination in educational institutions across the country. The bench, consisting of Justices Surya Kant and Ujjal Bhuyan, addressed the sensitive issue and directed the University Grants Commission (UGC) to notify draft regulations to ensure that caste-based discrimination is prevented in central, state, private, and deemed universities. The Court specifically asked the UGC
Supreme Court Orders UGC to Tackle Caste-Based Discrimination in Universities
The Supreme Court of India on Friday emphasized the need for an effective mechanism to combat caste-based discrimination in educational institutions across the country. The bench, consisting of Justices Surya Kant and Ujjal Bhuyan, addressed the sensitive issue and directed the University Grants Commission (UGC) to notify draft regulations to ensure that caste-based discrimination is prevented in central, state, private, and deemed universities. The Court specifically asked the UGC
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
Australia to Force Big Tech to Pay for News
Australia is introducing new rules to compel large tech companies, including Google, Meta, and TikTok, to pay local publishers for news content. These companies, whose annual Australian revenue exceeds $250 million, will need to negotiate commercial deals with media organizations or face increased taxes. This move builds on the world-first law passed in 2021, which forced tech giants like Meta and Google to pay for news content shared on their platforms. The new rules aim to pressur
Australia to Force Big Tech to Pay for News
Australia is introducing new rules to compel large tech companies, including Google, Meta, and TikTok, to pay local publishers for news content. These companies, whose annual Australian revenue exceeds $250 million, will need to negotiate commercial deals with media organizations or face increased taxes. This move builds on the world-first law passed in 2021, which forced tech giants like Meta and Google to pay for news content shared on their platforms. The new rules aim to pressur









