Bitcoin is almost hitting the $70, 000 level even though oil prices are climbing because of U. S. airstrikes on Iran. Short‑term holders, who usually sell quickly when prices fall, are holding steady. After a sharp drop on Feb. 5–6, many people who bought near $89, 000 sold to exchanges at a loss
Bitcoin’s image as a nonstop barometer for global risk has been shaken. When the U. S. announced airstrikes on Iran, the price plunged sharply, only to wobble wildly before climbing again. By Monday it was trading above the pre‑attack level, leaving no clear sign of lasting panic or a mass sel
Citigroup is working on a new service that will let investors keep bitcoin in the same kind of secure account they use for stocks and bonds. The idea is to make the digital currency feel as safe and easy to manage as any other asset. The bank’s chief of digital‑asset custody said the new offering w
The Treasury Department has drafted a set of rules under the GENIUS Act that may limit how stablecoins can offer returns to holders. The proposal, released by the Office of the Comptroller of the Currency, spans 376 pages and will be open for public comment for 60 days. It specifically targets
Citi is gearing up to weave Bitcoin into its everyday banking services. The bank’s chief of digital asset custody, Nisha Surendran, told attendees at a strategy conference that they will soon launch a system to keep Bitcoin safe and easy for big‑money clients. The new service will let customers h
Bitcoin climbed past the $70, 000 mark before it fell back, mirroring a sharp decline in Nvidia’s shares. The tech giant’s stock slipped about 5 % after its earnings report, pulling the S&P 500 and other major indices down as well. Even though Nvidia reported solid numbers, investors worried that th
American Bitcoin, a mining firm linked to former President Donald Trump’s sons, posted a $59. 45‑million loss in the last quarter of 2025. The company earned a profit of $3. 48 million in the same period last year and had made money in the previous quarter, showing a sharp reversal. Revenue cl
The year 2022 saw two huge blows to the crypto world, each led by a different bad actor. In May, Terraform Labs’ UST stablecoin broke its $1 promise and spiralled into hyperinflation. The crash wiped out roughly $40 billion in market value and pushed several crypto firms into bankruptcy, including V
Tether, the company behind the popular stablecoin USDT, has just put money into Whop, a digital marketplace that lets users buy and sell goods with minimal hassle. Whop already has 18. 4 million people using the platform and brings in about $3 billion a year, so it’s a big deal for both sides. The
Circle, the second‑biggest issuer of stablecoins, saw its shares jump after announcing a 72 % rise in USDC supply from the previous year, pushing its market value to roughly $75 billion. This growth signals that stablecoins keep attracting users even when the wider crypto market falters. The compan
