Cryptocurrency
cryptocurrency category that groups up-to-date and relevant content under a clear thematic scope for easier discovery and consistent editorial organization.
Bloomberg Strategist Mike McGlone Warns of $10,000 Bitcoin Price Target
Bloomberg Intelligence strategist Mike McGlone has warned that Bitcoin could lose 85% of its value and drop to $10,000. McGlone suggests that the structural market shift may have ended the long-standing "buy the dip" era for investors.
X Launches In-App Financial Transactions with 'Smart Cash Tags'
Social media platform X has introduced 'Smart Cash Tags,' a feature enabling users to trade cryptocurrencies and stocks directly within the app.
$20 Billion Loss for Crypto Treasury Companies: Strategies Shift
A sharp downturn in cryptocurrency markets has resulted in over $20 billion in losses for public companies holding digital assets, prompting a shift toward physical assets and financial technology.
AI-Powered "fox8" Bot Network Exposed on X Platform
Researchers at Indiana University have uncovered the "fox8" botnet on X, a network of over 1,000 accounts using advanced AI to conduct cryptocurrency scams and evade detection.
Technology and Gold Sell-offs Pressure Cryptocurrencies: Bitcoin Drops to $68,000
A sell-off in U.S. technology stocks and a sharp correction in gold prices have weighed on crypto assets, with Bitcoin's correlation to the Nasdaq strengthening as memecoins face deeper losses.
Vietnam to Introduce 0.1% Tax on Crypto Asset Transfers
The Vietnamese Ministry of Finance has drafted new regulations proposing a 0.1% tax on individual crypto transfers and stringent capital requirements for trading platforms.
Bitcoin Downtrend Continues: $58,000 Level Remains Critical Support
As selling pressure deepens in the cryptocurrency market, the $60,000 psychological threshold and the $58,000 level, aligning with the 200-week moving average, have emerged as key support points for Bitcoin.
Binance Converts $1 Billion SAFU Fund Entirely to Bitcoin
Binance, the world's largest cryptocurrency exchange, has completed the transition of its $1 billion Secure Asset Fund for Users (SAFU) reserves into Bitcoin.
Bitcoin Trades Flat Below $70,000 as PIPPIN and Memecoins Surge
Bitcoin remains stagnant around $68,613 as of February 10, while PIPPIN led a memecoin rally with a 46% gain amid a broader market decoupling.
Major Financial Institutions' 2026 Bitcoin Forecasts: Expectations Up to $250,000
Global financial giants have updated their 2026 year-end Bitcoin price targets based on spot ETF demand and macroeconomic data, with projections ranging from $120,000 to $250,000.
Major Error at Bithumb: $42 Billion in Bitcoin Accidentally Distributed to Customers
South Korean cryptocurrency exchange Bithumb mistakenly credited 620,000 Bitcoin to users during a promotional event due to a staff error. The exchange is currently negotiating with customers to recover assets that were sold or withdrawn.
Bitcoin $60,000 Scenario: Selling Pressure Persists in Crypto Market
As uncertainty continues in the cryptocurrency market, analysts warn that Bitcoin could retreat to the $60,000 level due to U.S. inflation data and Fed interest rate policies.