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Cryptocurrency News Articles
Bitcoin rout worsens, sending it down more than 25% from its all-time high
Feb 28, 2025 at 01:38 pm
The rout in Bitcoin worsened on Thursday, sending it down more than 25% from the all-time high it set less than six weeks ago as traders reverse bets
The rout in Bitcoin worsened on Thursday, sending it down more than 25% from the all-time high it set less than six weeks ago as traders reverse bets that followed the election of US President Donald Trump.
The coin was trading at $79 609 at 7.33am SAST. The move was part of a broad decline in cryptocurrencies: ether, solana and XRP have also plummeted in recent days.
The selloff underscores a swift change of fortunes for digital assets, which boomed after Trump’s election win. Bitcoin hit its all-time high of $109 241 on 20 January, the day of Trump’s inauguration, but it has tumbled since then amid worries about the president’s combative stance and broader concerns about the US economy.
Tension in EU over proposed central bank bitcoin reserves
Crypto has also come under pressure from a wider shift in risk appetite among investors, who have rolled back Trump trades across a variety of markets. The S&P 500 has declined this week, after tepid US consumer confidence data fueled questions about the economic outlook.
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- US Government's $103 Million BTC, BNB Transfers Fuel Sell-Off Speculation, But Hold Your Horses!
- Oct 08, 2026 at 04:05 pm
- Recent transfers of over $100 million in BTC and BNB from US government-linked wallets to Coinbase Prime have ignited sell-off rumors, but the real story is far more nuanced, involving legal complexities and evolving crypto reserve strategies.
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- Peter Thiel's Founders Fund Fuels 60% Surge in Anvil's ANVL Token: A New Era for DeFi Collateral?
- Oct 08, 2026 at 04:05 pm
- Anvil, a DeFi protocol, sees ANVL token price skyrocket over 60% following a $5M investment led by Peter Thiel's Founders Fund, signaling growing institutional interest in blockchain-based financial guarantees.
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- XRP Gets a Huge Green Light: Market Strategist Points to Nasdaq Listing and Regulatory Clarity
- Oct 08, 2026 at 04:05 am
- Market strategist Levi pinpoints Evernorth's Nasdaq listing and evolving US crypto regulations as massive catalysts for XRP, potentially sparking significant institutional demand and price growth.
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- Uncle Sam's Crypto Shuffle: Bitcoin, Coinbase Prime, and Seized Assets Stir the Pot
- Oct 08, 2026 at 04:05 am
- The U.S. government is at it again, moving significant chunks of seized Bitcoin and other digital assets to Coinbase Prime, sparking questions about custody, potential sales, and evolving crypto policies. These transfers highlight the government's growing engagement with digital assets, with new regulations shaping how these holdings are managed.
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- Zcash ETF Bleeds: Price Action Signals Institutional Chill Amidst $59 Million Outflows
- Oct 07, 2026 at 07:55 am
- The Grayscale Zcash ETF (ZCSH) is facing significant selling pressure, with nearly $59 million in net outflows in early October and no positive flow days since September 22, raising questions about institutional sentiment for privacy-focused assets.
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- UK Digital Government Bond: Six Banks Named, Q1 2027 – A New Era for Sovereign Debt?
- Oct 07, 2026 at 03:55 am
- The UK government has tapped six major banks to lead its inaugural digitally native government bond, targeting a Q1 2027 launch. This move signals a significant leap into digital infrastructure for sovereign debt.
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- Ondo Finance Unlocks Private Markets Through Onchain Trading: A Game Changer for Global Investors
- Oct 06, 2026 at 11:55 pm
- Ondo Finance is revolutionizing private markets with its new 'Ondo Private Markets' platform, offering tokenized exposure to pre-IPO companies and addressing long-standing issues of access and liquidity for eligible investors worldwide.
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- Ethereum Price Analysis: ETH Battles Key Resistance as Pullback Looms, Bull Flag Hints at Breakout
- Oct 06, 2026 at 11:55 pm
- Ethereum is consolidating near $2.7K, grappling with strong resistance at the $2.7K-$2.8K zone. While on-chain signals show caution, a potential bull flag and key support levels could dictate its next move, sparking debate on an imminent breakout or pullback.
