In the turbulent landscape of cryptocurrency trading, OX.FUN—a derivatives exchange tied to the co-founders of the defunct Three Arrows Capital, Su Zhu and Kyle Davies—has recently found itself at the epicenter of a storm of controversy. Allegations of financial misconduct and improper handling of user funds have raised serious questions not only about the integrity
In the ever-evolving cryptocurrency landscape, Bitcoin has found itself facing critical challenges as it recently fell below the critical 100-day moving average, now situated at the $98,000 mark. This dip is particularly concerning as it brings Bitcoin dangerously close to the $95,000 support level. Low trading volumes, however, indicate that there is currently a lack
Recent reports have provided a sobering perspective on the resilience of the US economy, featuring the lowest service-sector Purchasing Managers’ Index (PMI) reading in over two years. This decline raises critical questions about the underlying health of consumer-dependent sectors. As market participants brace for upcoming data releases, including Gross Domestic Product (GDP) and Personal Consumption
The world of cryptocurrency has been experiencing significant volatility recently, with Bitcoin taking center stage due to its price movements. Over the weekend, Bitcoin managed to hover around the $96,000 mark, which seemed stable at the time. However, this period of calm quickly dissipated as Bitcoin fell below that threshold, dipping to alarming levels just
As the cryptocurrency landscape continues to evolve, the launch of a new decentralized stablecoin named USP is set to stir up competition in an already crowded market. Spearheaded by Tether co-founder Reeve Collins, this proposition aims to challenge the dominance of well-established players such as USDT and USDC. Slated for release in the latter half
In recent years, a notable shift has occurred in the demographic landscape of victims affected by financial scams, specifically those categorized as pig butchering scams. Traditionally, older adults were the primary targets of such frauds, but a 2024 analysis by Cyvers indicates that a younger, more digitally literate crowd, primarily aged between 30 to 49,
As financial markets evolve, the contrasting advancements of Bitcoin and gold have ignited discussions among investors and economic analysts alike. The past six months have unveiled a notable divergence in their price movements, posing crucial questions about the future trajectories of these two storied assets. Gold’s robust rally has set the stage for a possible
Cardano (ADA) finds itself at a pivotal juncture as it hovers around a significant support level of $0.80. This represents a stark decline of over 40% from its December peak. The market dynamics surrounding Cardano have shifted dramatically, particularly following remarks made by its founder, Charles Hoskinson. His critique of rival platforms like Ethereum and
The landscape of cryptocurrency investments, particularly bitcoin, has experienced significant fluctuations, especially in the month of February. Following a volatile start to 2025, the demand for bitcoin via exchange-traded funds (ETFs) in the United States appears to face a critical downturn. This article delves into the dynamics of the bitcoin ETF market, exploring factors influencing
The cryptocurrency market has been characterized by significant turbulence recently, particularly following the Bybit hack that shook investor confidence. As of now, Bitcoin (BTC) has stabilized, currently hovering just above the $96,000 mark after experiencing fluctuations earlier in the week. The aftermath of the hack, in which $1.5 billion worth of ETH was stolen, undoubtedly
