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Why is Bitcoin price down today?


Bitcoin’s (BTC) price has dropped by over 2.5% over the last 24 hours to $83,400 as concerns over tariff impacts continue to sour investor sentiment.BTC/USD daily chart. Source: Cointelegraph/TradingViewSeveral factors are behind Bitcoin’s decline today, including:Sluggish institutional...

Italy finance minister warns US stablecoins pose bigger threat than tariffs


Italy’s minister of economy and finance warned that US stablecoin policies are more concerning than President Donald Trump’s tariffs, citing the potential for these crypto assets to undermine the euro’s dominance in cross-border payments.Speaking at an event in Milan, Giancarlo...

OKX reenters US market following $505M DOJ settlement


Seychelles-based cryptocurrency exchange OKX announced that it is reentering the US market.According to an April 16 blog post, OKX will return to the United States market along with the appointment of former Barclays director Roshan Robert as its US CEO. Robert said in the post:“Today...

Sony’s Soneium taps EigenLayer to cut finality to under 10 seconds


Update April 16, 10:50 am UTC: This article has been updated to clarify the relationship between Astar and Soneium.Astar, a Japanese Web3 adoption collective bridging Astar Network and Soneium, said it has slashed Soneium’s blockchain finality time by over 98%, as it aims to solve one of...

Crypto lending down 43% from 2021 highs, DeFi borrowing surges 959%


The crypto lending market’s size remains significantly down from its $64 billion high, but decentralized finance (DeFi) borrowing has made an over 900% recovery from bear market lows.Crypto lending enables borrowers to use their crypto holdings as collateral to obtain a crypto or fiat loan...

Crypto lending down 43% from 2021 highs, DeFi borrowing surges 959%


The crypto lending market’s size remains significantly down from its $64 billion high, but decentralized finance (DeFi) borrowing has made a more than 900% recovery from bear market lows.Crypto lending enables borrowers to use their crypto holdings as collateral to obtain a crypto or fiat...

Bitwise doubles down on $200K Bitcoin price prediction amid trade tension


Institutional crypto investment firm Bitwise has doubled down on its big Bitcoin price prediction for this year despite escalating global trade tensions.“In December, Bitwise predicted that Bitcoin would end the year at $200,000. I still think that’s in play,” Bitwise chief...

Spanish police arrest six over $20M AI-powered investment scam


Authorities in Spain have arrested six people who helped operate a global AI-powered investment scam that stole over $20 million from at least 208 victims. The scammers would swindle victims up to three times. After stealing an initial sum through the investment scam, the fraudsters contacted...

Spanish police arrest six over $20M AI-powered investment scam


Authorities in Spain have arrested six people who helped operate a global AI-powered investment scam that stole over $20 million from at least 208 victims. The scammers would swindle victims up to three times. After stealing an initial sum through the investment scam, the fraudsters contacted...

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