Author: GT

Bitcoin dropped below $80,000 on Sunday, falling over 3% in just two hours. The cryptocurrency market saw widespread losses as global markets reacted to uncertainty driven by new U.S. trade tariffs. President Trump’s announcement last Wednesday set off sharp declines in both crypto and stock markets. Ethereum dropped nearly 8% in 24 hours, and the ETH/BTC ratio hit its lowest point in five years. The GMCI 30 Index, tracking the top 30 cryptocurrencies, fell over 6% in a day and is down more than 32% since the start of the year. The fall in crypto markets came alongside major declines…

The Consumer Financial Protection Bureau (CFPB) is expected to reduce its involvement in cryptocurrency regulation due to budget cuts and a broader shift in oversight to other agencies. Ethan Ostroff, a partner at Troutman Pepper Locke law firm, believes the CFPB will step back as other federal agencies, such as the Securities and Exchange Commission (SEC), and state-level regulators take on more responsibilities. In February 2025, Russell Vought became the head of the CFPB and quickly introduced major funding cuts to streamline the agency. This move is part of the Trump administration’s focus on cutting government spending and restructuring regulatory…

Source: TradingView.com Bitcoin dropped below the closely watched $80,000 level on Sunday evening, tracking U.S. stock index futures sharply lower amid intensifying worries about the impact of tariffs. The 50-day MA has crossed below the 200-day MA to form an ominous death cross, a chart pattern that warns of further selling. Investors should watch key support levels near $74,000, $65,000, and $57,000, while also monitoring a major overhead area near $87,000. Bitcoin (BTCUSD) dropped below the closely watched $80,000 level on Sunday evening, tracking U.S. stock index futures sharply lower amid intensifying worries about the impact of tariffs. The pioneer…

“Decoupling” and “safe haven” began to be used late last week as bitcoin (BTC) held its own despite the continuing tumble in stock markets in response to President Trump’s sweeping tariffs against U.S. trading partners. Bitcoin bulls, though, may have spoken too soon. With stock trading closed for the weekend, fearful investors turned to the 24/7 crypto markets to place bearish bets. In late Sunday afternoon action, bitcoin was trading just above $79,000 down 5% from 24 hours earlier. As stock index futures began trading later Sunday with the Nasdaq 100 opening down 5% and S&P 500 4.5%, bitcoin fell…

With bitcoin and many other cryptocurrencies surging to new highs yet remaining volatile under a new White House administration, many investors have started paying more attention to them. As of March 2025, 1 wrapped bitcoin equals $87,784.15. That marks a huge gain over the last year — far outstripping returns from stocks, bonds, real estate and precious metals. Find Out: 13 Cheap Cryptocurrencies With the Highest Potential Upside for You Read Next: 4 Affordable Car Brands You Won’t Regret Buying in 2025 But what is Wrapped Bitcoin (WBTC)? Here’s a quick breakdown: It is a converted version of bitcoin that…

One of the new flagship AI models Meta released on Saturday, Maverick, ranks second on LM Arena, a test that has human raters compare the outputs of models and choose which they prefer. But it seems the version of Maverick that Meta deployed to LM Arena differs from the version that’s widely available to developers. As several AI researchers pointed out on X, Meta noted in its announcement that the Maverick on LM Arena is an “experimental chat version.” A chart on the official Llama website, meanwhile, discloses that Meta’s LM Arena testing was conducted using “Llama 4 Maverick optimized…

Bitcoin cryptocurrency coins – Anadolu/Getty Images The price of Bitcoin fell by around 5pc on Sunday amid the growing fallout from Donald Trump’s trade war. The world’s largest and best-known cryptocurrency tumbled to just under $79,000 (£61,500) by the end of the weekend, way below its peak of $106,000 in the wake of the US President’s election victory. Etherium, the second biggest cryptocurrency globally, also slipped by around 9.6pc to just under $1,618.The sell-off signals another potentially turbulent week for investors, as stock markets brace for the prospect of more steep losses. Around $6 trillion was wiped from global markets last week following…

How did Atlantic editor-in-chief Jeffrey Goldberg get added to a Signal group chat with Trump administration officials discussing their plans for an airstrike in Yemen? The simplest explanation: National Security Adviser Mike Waltz had Goldberg saved as a contact in his phone and accidentally added him. Indeed, when Waltz first claimed that Goldberg’s phone number was “sucked in” from another contact, Goldberg scoffed, “This isn’t ‘The Matrix.’” But according to the Guardian, an internal investigation conducted by the White House’s information technology office concluded that something more complicated taken place, with an iPhone auto-suggestion playing a key role: After Goldberg…

Bitcoin just notched its worst first quarter in a decade, falling 11.7% as markets struggled to understand the new administration’s economic agenda. The performance ranked 12th out of the past 15 first quarters, according to NYDIG Research’s data. The drawdown invites a familiar question in crypto circles: is the cycle over? The last time bitcoin started the year this poorly was in 2015, during a prolonged slump following the 2013 peak and after the collapse of Mt. Gox, according to NYDIG. Back then, prices recovered modestly over the rest of the year before surging in 2016. In the first quarter…

The British Broadcasting Corporation has filed a complaint with a UK antitrust regulator complaining that aggregators like Apple News and Google News minimize credit for the stories they feature. Apple Insider reports that the BBC is asking the UK’s Competition and Markets Authority to require Apple and Google to more prominently credit news sources. And while the CMA’s decision would theoretically apply only to UK publications, any change made by the aggregators would presumably affect other publishers too. “If audiences derive value from our content and services but attribute that value to gatekeepers instead of the BBC, then that undermines…