
Crypto Market Plunges as Nasdaq Tech Selloff Triggers Broad Digital Asset Decline
Bitcoin fell 2.5% to $62,300 and Ether dropped over 4%, with a staggering $717 million in liquidations across altcoins following a Nasdaq tech selloff.
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Bitcoin fell 2.5% to $62,300 and Ether dropped over 4%, with a staggering $717 million in liquidations across altcoins following a Nasdaq tech selloff.

Binance co-founder Yi He warned of an alleged impersonator, "Zhu Pan," leading CoinUp to deny any affiliation.

Bitcoin's price dropped below $62,000 for the first time in nearly two weeks, as Asia markets saw declines of up to 10%.

Crypto mining firm Hut 8 has agreed to pay $2.35 million to settle an investor lawsuit related to its 2023 merger with U.S. Bitcoin Corp.

An “altcoin season” signal has reportedly flashed as Bitcoin experienced a significant pullback, sliding towards the $63,600 mark.

SpaceX's $600 billion valuation plunge, equivalent to nearly half of Bitcoin's market cap, saw Bitcoin fall by less than 1% over three days.

Opera's MiniPay has launched a new Visa debit card, allowing its 16 million users to spend stablecoins across Visa's global network.

Bitcoin fell over 3% this week, dipping towards $63,000 as a significant selloff in AI and chip stocks dragged down global risk assets.

Bitcoin's funding rate has hit a two-week high, signaling derivatives market optimism, yet ETF outflows and macroeconomic concerns temper short-term upside potential.

Securitize and tZERO are engaged in a patent dispute over tokenization technologies, signaling Wall Street's increasing focus on on-chain finance.

Financial advisor Ric Edelman states that despite current market pressures, institutional adoption and tokenization are rapidly accelerating behind the scenes.

21Shares co-founder Ophelia Snyder cautions that tokenization hype is outpacing Wall Street's unprepared financial infrastructure for institutional adoption.

Global asset manager Franklin Templeton has launched a dedicated cryptocurrency division following its acquisition of 250 Digital, with its onchain products surging past $2.5 billion.

Strive asserts that the recent sharp selloff in digital credit products was a liquidation event, not a credit crisis, despite exposing market growing pains.

Cryptocurrency exchange OKX and Intercontinental Exchange (ICE) are forming a joint venture, co-chaired by former NY Governor Andrew Cuomo, to bridge TradFi and crypto.

Bitcoin's price briefly touched $65.5K as news regarding Iran caused oil prices to drop towards a 16-week low.

Anchorage Digital launches a new tokenized deposit platform, enabling financial institutions to offer round-the-clock payments and settlement.

A single wrong click from a Google search can expose cryptocurrency wallets to significant risks, including phishing and malware.

Enso has launched an application offering access to over 500 tokenized assets and US stocks, addressing a rising demand for US equity exposure among European investors.

MoneyGram has become a Solana validator, expanding its stablecoin payments strategy by processing and securing transactions on the blockchain.

Social trading and token discovery platform Fomo has raised $75 million in a Series B round, valuing it at $550 million.

OKX and NYSE have formed a joint venture led by Andrew Cuomo to give OKX's 120 million global users access to ICE futures and NYSE tokenized equities markets.

MicroStrategy boosted its USD reserve to $1.4 billion and acquired an additional 520 Bitcoin, funded by $335.5 million in MSTR share sales.

MicroStrategy added $35 million in Bitcoin and boosted cash reserves by $300 million last week to reassure investors about its hard-hit STRC preferred shares.