News

Bitcoin dips under $66K as oil sparks 'unsustainable' US inflation risk

Bitcoin has fallen below $66,000 as rising oil prices raise concerns about "unsustainable" inflation in the U.S. Analysts suggest that the increase in oil costs could lead to higher inflation rates, impacting investor sentiment in the cryptocurrency market. This dip in Bitcoin's value reflects broader economic anxieties, as inflation pressures may influence monetary policy decisions. The cryptocurrency's volatility continues to be affected by external economic factors, highlighting its sensitivity to traditional market dynamics.

Read the full article: Coin Telegraph

Crypto stocks battered as Nasdaq enters correction in $17 trillion market rout

Crypto stocks have been significantly impacted as the Nasdaq has entered a correction phase, contributing to a broader $17 trillion market rout. Major cryptocurrencies, including Bitcoin and Ethereum, have seen substantial declines in value, reflecting investor concerns over rising interest rates and economic uncertainty. The downturn in the crypto market

Why Mastercard paid double for stablecoin infrastructure it could have built

Mastercard recently acquired the stablecoin infrastructure company, Cypherpunk Holdings, for double the estimated cost of building a similar system in-house. The decision was driven by the desire to accelerate its entry into the digital currency space and leverage Cypherpunk's existing technology and expertise. This move reflects Mastercard'

Strategy, BitMine and Robinhood Shares Hit Monthly Lows as Bitcoin Sinks Further

Bitcoin's price has continued to decline, leading to significant drops in shares of companies like Strategy, BitMine, and Robinhood, which have all reached monthly lows. The ongoing bearish trend in the cryptocurrency market has raised concerns among investors, prompting a reevaluation of their positions. Analysts suggest that the

NYSE Parent Company Finalizes Polymarket Investment, Totaling $1.6 Billion

The parent company of the New York Stock Exchange, Intercontinental Exchange (ICE), has completed its investment in Polymarket, a decentralized prediction market platform, totaling $1.6 billion. This investment aims to enhance ICE's presence in the cryptocurrency and digital asset space. Polymarket allows users to trade on the

Read more

Crypto stocks battered as Nasdaq enters correction in $17 trillion market rout

Why Mastercard paid double for stablecoin infrastructure it could have built

Strategy, BitMine and Robinhood Shares Hit Monthly Lows as Bitcoin Sinks Further

NYSE Parent Company Finalizes Polymarket Investment, Totaling $1.6 Billion