Bitcoin Crash and Liquidation Spark Massive Crypto Selloff as Market Faces $1.36B in Losses As “Black Monday” saw more than $1.36 billion wiped in under 24 hours, Bitcoin crash and liquidation news shook the crypto universe. Led by Bitcoin (BTC), which fell below $77,000 before reaching a near $75,000 low, this significant decline set off a chain reaction of forced liquidations across leveraged positions. Shedding about 13% in total market cap, the digital asset market went through one of its most severe corrections yet. The upheaval was not unique; worldwide equities markets fell in lockstep as U.S. President Donald Trump’s…
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Bitcoin and Dow Jones Crash Amid Tariff Anxiety, Global Market Slide, and Economic Uncertainty Investor worry caused significant drops in both conventional and digital markets, thus Bitcoin and Dow Jones crash headlines ruled financial news throughout the weekend. From $2.53 trillion to $2.48 trillion, the digital asset economy lost more than $50 billion on Sunday, April 6, between 5 p.m. and 8 p.m. ET. Before marginally bouncing back to $77,654 by late night, Bitcoin (BTC) reached an intraday low of $77,098. The flagship cryptocurrency reflected a more general decline across important financial markers. Most especially, the Dow Jones Industrial Average…
Hong Kong Stablecoin Legislation to Roll Out as City Expands Virtual Asset Framework and Web3 Initiatives As the city speeds up its quest to be a major centre for digital assets and Web3 innovation, Hong Kong stablecoin legislation is poised to take front stage. Financial Secretary Paul Chan stated that a formal regulatory framework for stablecoins is anticipated to start within the year as part of a more comprehensive virtual asset policy revision meant to match innovation with market safety and financial integrity. Speaking at the Hong Kong Web3 Festival, Chan underlined the government’s dedication to improving the digital asset…
Conor McGregor $REAL Token Presale Raises Only $392K, Missing $1M Goal and Issuing Refunds The Conor McGregor $REAL token presale has officially concluded in letdown, having raised just $392,315 in USDC over a 28-hour auction—far shy of its $1.008 million minimum target. Data released by the Real World Gaming DAO (RWG) reveals that only 668 people participated in the sealed-bid auction, hence refunding all backers once the minimal level was unmet. Originally intended to be a utility token inside RWG’s gaming and entertainment environment, the $REAL token was launched with much fanfare and aggressively promoted by MMA legend and businessman…
Crypto Liquidations Hit $976 Million as Market Reacts to Global Trade Tensions and Equity Sell-Off Market chaos triggered shockwaves across digital and conventional financial markets, so according to Coinglass data, crypto liquidations jumped to an incredible $976 million in under 24 hours. Long holdings accounted for most of these liquidations—$842.2 million—emphasizing the degree of bullish expectations that a sharp and unanticipated drop quickly destroyed. Bitcoin led the decline over the weekend, plunging more than 6% to $77,730, below the important $78,000 support level it had maintained for weeks. This decline followed US President Donald Trump’s declaration of fresh tariffs, which…
Bitcoin Institutional Adoption Surges as BTC Holds Above $84K Bitcoin is holding firm above $84,000 as institutional interest continues to grow. From Japanese gaming giant Enish integrating Bitcoin into its treasury to Cango’s $352 million shift into Bitcoin mining, adoption among traditional businesses is strengthening BTC’s position as a strategic asset. Japanese Gaming Giant Enish Buys Bitcoin to Power Blockchain Expansion In a strong sign of Bitcoin institutional adoption, Enish, a publicly traded Japanese gaming company, has invested 100 million yen ($660,000) in Bitcoin. Known for its blockchain title De*:Lithe** Last Memories*, Enish plans to integrate Bitcoin into its treasury,…
Exploring the Everyday Use of Crypto in America Crypto usage in America is no longer limited to tech enthusiasts or investors—it has become an integral part of daily financial life. A recent survey conducted by The Harris Poll for the National Cryptocurrency Association reveals that over 55 million Americans now own some form of cryptocurrency. This figure represents 21% of US adults, showcasing the widespread adoption of digital assets across all demographics. Read More: Brazilian Crypto Investment Surges as Investors Seek Big Returns Crypto Isn’t Just for the Young or Rich Anymore One of the most notable findings is the…
Why Brazilian Crypto Investment Is Outpacing Traditional Assets Brazilian crypto investment is rapidly gaining momentum, with almost half of Brazilian investors now putting their money into cryptocurrencies. A recent survey conducted by Locomotiva and commissioned by Binance has revealed that interest in crypto assets has surpassed stocks, private pensions, government bonds, and even foreign currencies. The study, which surveyed 1,000 individuals aged between 25 and 45 with investments beyond cash savings, highlights that crypto investments are now as popular as investment funds. Moreover, cryptocurrencies are outperforming high-interest-bearing payment accounts and private bonds. Read More: Trump Tariffs Impact on Crypto: How…
Trump Tariffs Impact on Crypto: Bitcoin and Altcoins Face Market Volatility The Trump tariffs impact on crypto has been immediate, with Bitcoin and the broader cryptocurrency market experiencing sharp declines following President Donald Trump’s latest trade policies. On April 2, Trump declared “Liberation Day” and announced a sweeping 10% baseline tariff on all US imports. The news sent shockwaves across global financial markets, leading to a 6% drop in Bitcoin and a broader 3% decline in the overall crypto market. Market Reaction to Trump’s Tariffs The Trump tariffs impact on crypto has mirrored traditional market reactions, as risk-averse investors moved…
Altcoin Market Rally: Key Indicators Suggest a Potential Surge The altcoin market rally could be on the horizon as Real Vision chief crypto analyst Jamie Coutts predicts a final “breadth thrust” within the next two months. While the sustainability of this altcoin market rally remains uncertain, altcoins with strong fundamentals and high user activity are expected to benefit the most. According to Coutts, user activity serves as the “north star” for identifying promising altcoin opportunities. He advises traders to monitor where engagement is growing across blockchain networks, as increased network activity often correlates with price appreciation. If Bitcoin manages to…