Our detailed market analysis is being prepared and will be published here soon — stay tuned for insights and trends.
The $6.3 billion Binance hack is a reminder that the biggest vulnerability in crypto is the infrastructure and operational controls around the blockchain, not the blockchain itself, Moon Pursuit Capital's Utkarsh Ahuja says in a note. For institutional investors, it highlights the need for independe…
Bitcoin is trading at about $77,000, well below the $80,000 line that held up much of its recent range.The slide puts Bitcoin back near levels last seen during its 2025 low. The causes look less like a crypto scandal and more like a macro squeeze. Inflation is sticky, bond yields are high, and the F…
The long-term investment thesis for crypto isn't changed by the $6.3 billion Binance hack, but the bar is raised for platforms that want to ride the next wave of growth, Moon Pursuit Capital's Utkarsh Ahuja says in a note. Investors will start to favor platforms that demonstrate robust security, tra…
Bitcoin (BTC) stayed under pressure below $80,000 at Friday’s Wall Street open as AI fears returned to intensify a broader risk-asset rout.Key points:Bitcoin struggled to hold around $77,000 as risk assets fell across the board at the US open.The Nasdaq Composite Index fell to 25,500, its lowest lev…
Bitcoin's newest holders just hit an uncomfortable milestone. For the first time in 72 days, short-term holders sent coins to exchanges at a loss rather than a profit.That shift matters because these traders are usually the market's mood ring. When they start selling underwater, it tends to say some…
By Ed BallardThe tech selloff is intensifying this morning after results from Amazon and Intel compounded worries around the AI trade.The Nasdaq composite slumped more than 2%.Shares of Amazon dropped; its earnings were in line with the company's forecasts - and showed booming cloud-computing growth…
By Jack DentonA $6.3 billion heist at cryptocurrency exchange Binance — perhaps the largest hack in history — should rattle the entire $2.5 trillion digital asset market.This isn't just about Bitcoin doubters reveling in schadenfreude.The cryptocurrency space was reeling on Friday following news tha…
By Jack DentonCryptocurrency stocks fell Friday as the digital-asset space reckoned with a $6.3 billion hack at Binance, the largest crypto exchange.Coinbase stock declined 13%, with the Binance hack erasing any investor goodwill from the crypto exchange's surprise third-quarter profit reported afte…
Two brothers who held a family for nine hours at gunpoint in Minnesota for $8 million worth of cryptocurrency were sentenced to about 15 years in prison each, on Friday.Two Texas men, Raymond Christian Garcia and Isiah Angelo Garcia, were sentenced to 15 years and 15.5 years, respectively, for their…
1230 ET - Investors are selling off tech stocks amid mounting fears of AI. But the selloff hasn't resulted in a buy-in to consumer stocks, where strong underlying data and impressive prints haven't been rewarded like they should, Mizuho analysts say in a research note. "We believe consumer is still …
By Alexander OsipovichThe cyberthieves who raided Binance smashed the record for history's biggest crypto hack. With a reported loss of around $6.3 billion, the Binance heist is more than four times bigger than last year's $1.5 billion cyberattack on Bybit, another crypto exchange, which had been th…
In the wake of the $6.3 billion Binance breach, Brickken co-founder Ludovico Rossi is joining Bitget CEO Gracy Chen in calling for more consistent coordination between exchanges, issuers and DeFi platforms in responding to crypto exchange hacks. "The Binance hack simply highlights how much recovery …