Tag: cryptocurrency

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Bitcoin and Ether tumble as AI stock sell-off rattles markets

The post Bitcoin and Ether tumble as AI stock sell-off rattles markets appeared com. Digital currency markets took a hit Tuesday as traders pulled back from riskier investments amid growing worries about whether artificial intelligence company stock prices can hold up. The price of Bitcoin dropped to $103,952 by the end of trading, marking a 2. 5% decline for the day and roughly 6% lower compared to where it stood two days earlier. Ether, the digital currency with the second-biggest market value, also fell 2. 5% Tuesday and has given up more than 10% across the last two days, sitting at $3,503. Monday saw Ether drop as much as 9%, falling beneath the important $3,600 level that traders watch closely. The decline happened right after hackers targeted a protocol operating on Ethereum’s network, stealing millions of dollars. Data from CoinMetrics shows the cryptocurrency was recently trading around $3,600, down 6. 6%. That puts it about 25% below the peak of $4,885 it reached on August 22. The selling picked up after Balancer, a decentralized finance system built on Ethereum, reported losing potentially over $100 million to hackers on Monday. This attack is just the newest in a string of negative developments that have made digital asset investors nervous in recent weeks. Political and economic pressures mount Back in mid-October, President Donald Trump said he would impose “massive” tariffs on China because of its limits on rare earth mineral exports. That announcement sent investors running from crypto into safer investments like gold. Even though the president backed off from that threat later, his words triggered a wave of selling that forced the closure of highly leveraged digital asset positions. Just last week, Federal Reserve Chair Jerome Powell warned investors not to count on more interest rate cuts coming soon, which only added to the negative mood already weighing on markets. “These events have put investors on uneasy footing.

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Bitcoin holdings on exchanges fall by nearly 209,000 BTC over six months amid market volatility

The post Bitcoin holdings on exchanges fall by nearly 209, 000 BTC over six months amid market volatility appeared com. Key Takeaways Over the past six months, Bitcoin holdings on exchanges dropped by approximately 209, 000 BTC. Market volatility and leveraged trading are driving participants to move Bitcoin away from exchanges. Bitcoin holdings on cryptocurrency exchanges declined by around 209, 000 BTC over six months as market participants moved assets away from trading platforms amid heightened price volatility, according to Santiment. The outflow reflects a broader shift by traders and long-term holders toward off-exchange storage during periods of market turbulence. Bitcoin has faced elevated volatility driven by leveraged trading activity and institutional portfolio rotations. Speculators have increasingly entered leveraged futures positions ahead of major market events, contributing to sustained price swings and liquidation cycles across derivatives markets. Source:.

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AVAX Tests Lower Bollinger Band at $18.01 as Recovery Stalls Following 20% Weekly Decline

The post AVAX Tests Lower Bollinger Band at $18. 01 as Recovery Stalls Following 20% Weekly Decline appeared com. Rongchai Wang Nov 03, 2025 03: 10 Avalanche trades at $18. 01 after a 3. 7% daily drop, testing critical technical support as the recent recovery momentum from October 30th lows begins to fade amid broader crypto weakness. Quick Take • AVAX trading at $18. 01 (down 3. 7% in 24h) • Recovery momentum stalling after brief stabilization period • Price testing lower Bollinger Band support at $17. 65 • price currently sits well below all major moving averages, with the token trading 3. 7% below the 7-day SMA at $18. 71 and significantly under longer-term averages. The 20-day SMA at $19. 65 now represents immediate resistance, while the broader downtrend from higher levels continues to pressure the.

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Elementary School Gamers Targeted in Douyin Scam by Chinese Fraud Ring

The post Elementary School Gamers Targeted com. Victims transferred significant funds thinking it was official action. Authorities emphasize the need for awareness on social engineering scams. Hangzhou authorities charged Mr. This case highlights cryptocurrency’s role in modern scams, raising concerns for online safety, especially among young gamers, and challenging regulatory responses globally. Scam Targets Young Gamers; Funds Moved Using Crypto Hangzhou authorities charged a group led by Mr. Yang, targeting children through Douyin by impersonating police officers during the 2025 Spring Festival. Immediate implications include a call for increased online safety awareness among parents and guardians. Government responses included warnings against scam tactics, emphasizing the importance of educating children about fraud prevention. Community responses have been supportive, advocating for awareness campaigns to combat similar cybercrime activities against vulnerable demographics. “Prosecutors have issued a warning against any individuals claiming to be law enforcement and requesting money transfers to ‘safe accounts,’ urging parents to educate their children on fraud prevention.” Fuyang District People’s Procuratorate, Prosecutor’s Office, Hangzhou “Prosecutors have issued a warning against any individuals claiming to be law enforcement and requesting money transfers to ‘safe accounts,’ urging parents to educate their children on fraud prevention.” Fuyang District People’s Procuratorate, Prosecutor’s Office, Hangzhou Rise in Crypto Use Demands Regulatory Attention Did you know? Cases like this have previously highlighted a shift to cryptocurrency for laundering, showcasing a trend where traditional scams adapt to new financial technologies in China. USDT is currently priced at $1. 00, with a market cap of $183. 45 billion, indicating market dominance of 4. 97%, according.

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Pi Network (PI) Followers Take Note: Developers Announce New Investment

The post Pi Network is one of the more controversial altcoins in the cryptocurrency world and has suffered a significant decline since its launch, losing 91% of its value from its all-time high. OpenMind develops technologies built on the universal hardware-compatible OM1 operating system and the FABRIC protocol. These two frameworks allow robots to learn and operate together without relying on centralized systems. Leveraging the distributed computing power of the Pi Network’s 350, 000 global nodes, OpenMind has completed its first proof-of-concept (PoC) test. In this test, facial recognition AI models used in robots were decentralized and deployed on the OM1 operating system. Pi Network Ventures argued that the investment in OpenMind is not just a financial move; it is also the beginning of a new era where blockchain, artificial intelligence and robotic technologies merge. *This is not investment advice. account now for exclusive news, analytics and on-chain data! Source:.

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Prince Andrew’s Controversial Crypto Engagement at Buckingham Palace

The post Prince Andrew’s Controversial Crypto Engagement at Buckingham Palace appeared com. Alvin Lang Nov 02, 2025 08: 37 Prince Andrew is under scrutiny for hosting crypto businessmen at Buckingham Palace linked to a failed £1. 4M deal with Sarah Ferguson, prompting concerns over royal privileges. Prince Andrew finds himself embroiled in controversy once again, following revelations that he hosted a private visit to Buckingham Palace for cryptocurrency businessmen. The visit, connected to a failed £1. 4 million deal involving his ex-wife Sarah Ferguson, has raised significant questions about his use of royal privileges for private business dealings, according to a BBC investigation. Prince Andrew Welcomed Crypto Executives Linked to £1. 4M Deal at Palace Event The businessmen, Jay Bloom and Michael Evers, co-founders of the Arizona-based Pegasus Group Holdings, were given access to the palace in June 2019. This occurred while Queen Elizabeth II was present, intensifying scrutiny over Andrew’s actions. The duo attended Andrew’s Pitch@Palace business event and later dined with Ferguson and their daughter, Princess Beatrice. Pegasus Group Holdings had promised to establish a large-scale Bitcoin mining operation powered by solar energy in Arizona. However, the project quickly unraveled, resulting in significant financial losses for investors. Court documents revealed that the company purchased only a fraction of the planned equipment, producing minimal Bitcoin. Sarah Ferguson, who served as a brand ambassador for Pegasus, reportedly received over £200, 000. Her contract promised an additional £1. 2 million bonus and shares, with luxuries such as first-class travel and five-star accommodations included, yet she bore no responsibility for the project’s technical aspects. The incident has reignited concerns regarding the financial entanglements of Prince Andrew and Ferguson, and the intersection of their royal status with private ventures. Buckingham Palace has since confirmed that steps are being taken to strip Andrew of his remaining titles and his residence at Windsor. UK Crypto.

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Can Bitcoin Price Reach $160K? November’s Historic Pattern Kicks In Now

TLDR Bitcoin enters November with an average historical gain of 42. 51% since 2013. Bitcoin price could surpass $160,000 this month if historical patterns repeat. US President Donald Trump and Chinese President Xi Jinping held talks in South Korea on Thursday. The trade agreement includes Trump trimming tariffs in exchange for China cracking down on the [.] The post Can Bitcoin Price Reach $160K? November’s Historic Pattern Kicks In Now appeared first on CoinCentral.

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Gen Z Overtakes Millennials as India’s Top Crypto Investors

The post Gen Z Overtakes Millennials as India’s Top Crypto Investors appeared com. Gen Z investors now form 37. 6% of India’s crypto user base, surpassing Millennials. Bitcoin, Dogecoin, and Ethereum dominate holdings, while Ethereum leads in trading. Tier-2 cities such as Jaipur and Patna are seeing rapid adoption and portfolio growth. Gen Z is now India’s largest group of cryptocurrency investors, according to CoinSwitch’s “India’s Crypto Portfolio Q3 2025” report. Gen Z Leads Adoption In CoinSwitch Q3 2025 Report The study, based on 25 million users, shows investors aged 18 to 25 now make up 37. 6% of the user base. This figure slightly surpasses Millennials, who account for 37. 3%. The data points to a clear generational shift and highlights the market’s continued evolution, with younger investors treating crypto as a legitimate long-term investment. Related: India and the U. S. Lead Global Crypto Adoption in 2025 as Stablecoin Volume Hit $4 Trillion Where Is Crypto Adoption Growing in India? While metro cities remain strongholds of crypto activity, the report shows an accelerating trend in Tier-2 adoption. Delhi leads with 19. 3% of users, followed by Bengaluru at 8. 9% and Mumbai at 7%. However, cities such as Jaipur, Lucknow, and Patna are gaining traction, suggesting that crypto’s reach extends beyond major urban centers. Investment preferences also vary by region. Mumbai leads in blue-chip investments, Hyderabad in large-cap assets, Patna in mid-cap portfolios, and Jaipur in small-cap exposure. Kolkata investors recorded the highest profitability, with 77% of portfolios in profit, or “in the green.” Bitcoin and Dogecoin Remain Investor Favorites The report shows Bitcoin remains India’s most held cryptocurrency, accounting for 7. 2% of total holdings. Dogecoin follows closely, with a 6. 1% share, showing its continued popularity among younger traders. Ethereum ranks third at 4. 9%. Trading patterns differ slightly. Ethereum was the most traded token during the quarter, representing 8. 9% of all transactions. XRP and Bitcoin followed, each capturing.

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How New Machines Could Break Bitcoin’s Code

The post How New Machines Could Break Bitcoin’s Code appeared com. Bitcoin The cryptocurrency world has faced regulators, hackers, and market crashes but its most formidable threat might come from a lab, not a trading floor. The Machine That Could Break Math Quantum computers don’t think like ordinary machines. By leveraging the strange principles of quantum mechanics particles existing in multiple states at once they can process calculations at unimaginable speed. A computer powerful enough to exploit that fully could, in theory, unravel the encryption that secures nearly every digital asset in existence. To most, that still sounds like science fiction. To others, it’s a ticking clock. A Venture Capitalist Looks Ahead At the Global Blockchain Congress in Dubai, Amit Mehra, partner at Borderless Capital, described his firm’s growing focus on quantum resistance technologies designed to protect blockchains against quantum attacks before the threat arrives. In his view, the industry has been lulled into complacency. “When chip technology and computational power are improving this quickly, the timeline can collapse overnight,” Mehra said. He predicts meaningful breakthroughs could appear before the decade’s end, warning that proof-of-work systems like Bitcoin will be among the first to feel the impact. Bitcoin’s Encryption at Risk Every Bitcoin wallet and transaction depends on cryptographic keys enormous mathematical locks designed to be impossible to guess. Quantum computing threatens to make those locks guessable again. A system capable of running Shor’s algorithm on a large enough scale could, in theory, derive private keys from public ones, rendering traditional wallets defenseless. If that happens, ownership itself becomes meaningless. Every coin, every NFT, every encrypted asset could be stolen or forged. The Alarm From the Market Side Not everyone is content to wait for the.

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