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Nalezeno "why is the crypto market down": 279

Who’s got the charm, cash and code to be a crypto hub?


Kazakhstan, the Maldives and Pakistan have recently outlined ambitions to position themselves as crypto hubs and build out their digital economies.Historically, these countries haven’t been top of mind for global crypto firms — though Kazakhstan did have a brief moment in the spotlight...

Community sales are the future of crypto fundraising


Opinion by: Darius Moukhtarzadeh, Research Strategist at 21SharesA new wave of crypto fundraising is emerging, changing how Web3 projects launch and who can invest at an early stage: Community Sales. At first glance, community sales may seem reminiscent of the ICO (Initial Coin Offering) era from...

Chinese printer maker spread Bitcoin stealing malware — Report


Chinese printer manufacturer Procolored distributed Bitcoin-stealing malware alongside its official drivers, according to local media reports.Chinese news outlet Landian News reported on May 19 that Shenzhen-based printer company Procolored has been distributing Bitcoin-stealing (BTC) malware...

Franklin taps blockchain to offer yield on idle payroll funds


Franklin, a hybrid cash and crypto payroll provider, is launching a new initiative that aims to turn idle-sitting payroll into an opportunity for yield.The new solution, dubbed Payroll Treasury Yield, uses blockchain lending protocols to help firms earn returns on payroll funds that would otherwise...

Why is the crypto market down today?


The combined valuation of all cryptocurrencies has fallen by around 3.65%, or $97 billion, in the past 24 hours to reach $2.58 trillion on April 16. TOTAL crypto market cap four-hour performance chart. Source: TradingViewThe top catalysts that are driving the crypto market lower today include:An...

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...

Why is the crypto market down today?


The cryptocurrency market is down on April 7, with the total market capitalization dropping by 10% at the peak of the selling to $2.41 trillion. Trading volumes across the total crypto market spiked by 293% over the last 24 hours to $165.05 billion, reinforcing the intensity of the sell-side...

Crypto bull market ‘hasn't started yet’ — LONGITUDE panel


Crypto’s worst quarter since the FTX crisis has many investors worried about the end of the bull market, but according to an industry panel, Bitcoin and altcoins’ parabolic moves haven’t even begun yet. In a panel discussion at the LONGITUDE by Cointelegraph event in Paris...

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