The cryptocurrency market has experienced a sharp selloff following the implementation of U.S. President Donald Trump’s tariffs on Chinese goods. Bitcoin dropped 4.1% to $76,550, while Ethereum saw an even steeper decline of 8.3% over the past 24 hours, marking its lowest trading point since March 2023. Bitcoin briefly fell below the $75,000 mark late
Cryptocurrencies can be a wild ride. But many patient investors have made a killing by sticking around for the long term. So far in 2025, the values of most major cryptocurrencies have taken a nosedive. But if you’re willing to look beyond the current volatility, it’s possible to lock in attractive valuations that could make
The European Securities and Markets Authority (ESMA) has warned that crypto will increasingly threaten traditional financial markets’ stability as the industry grows and becomes more entwined with traditional finance players. “We cannot rule out that future sharp drops in crypto prices could have knock-on effects on our financial system,” ESMA’s executive director Natasha Cazenave said
Dogecoin (DOGE -6.49%) is heading lower again in Tuesday’s trading. The cryptocurrency’s token price was down 4% as of 5:30 p.m. ET. At the same point in time, Bitcoin was down 2.6% over the last day, and Ethereum had fallen 6.1%. Dogecoin’s valuation is falling as investors respond to new tariffs that are set to
Endeavor Moore Media – stock.ado The U.S. Department of Justice has disbanded its National Cryptocurrency Enforcement Team, retrenching its approach to crypto. The Justice Department will move away from going after crypto cases it believes should be handled by regulatory agencies, Deputy Attorney General Todd Blanche said in a memo released Monday night. “The Department
EXCLUSIVE: President Donald Trump wants to make the U.S. the “crypto capital of the world,” and a top White House cryptocurrency policy official said that the administration is well on its way to ushering in “the golden age for digital assets.” Bo Hines, executive director of the President’s Council of Advisers on Digital Assets, sat for
WASHINGTON (AP) — The Justice Department is disbanding a team of prosecutors who targeted cryptocurrency crimes and is shifting its focus away from complex crypto-related cases involving banking and securities law, according to a memo reviewed by The Associated Press. “The Department of Justice is not a digital assets regulator,” Deputy Attorney General Todd Blanche
Despite the ongoing market meltdown on US trade tariffs, executives at major cryptocurrency firms Messari and Sygnum are bullish on institutional Bitcoin adoption later in 2025. Speaking on a panel at Paris Blockchain Week on April 8, Messari CEO Eric Turner and Sygnum Bank co-founder Thomas Eichenberger said they expect a significant shift in the
SINGAPORE: A man who participated in an arrangement to convert money into cryptocurrency was sentenced to 19 months’ jail on Tuesday (Apr 8). Huang Wei-Ru, 37, pleaded guilty to two counts of assisting another to retain benefits from criminal conduct and one count of unauthorised access to computer material. Another three charges were taken into
The crypto community has not been spared the tariff-induced panic that swept American and global markets last week, with many of its key voices now lashing out at the man once thought to be heralding a new age for digital assets. While losses on Wall Street tempered on Monday, the stock market has undergone a