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The three major U.S. stock indexes closed lower. The Nasdaq Composite fell 1.59% from the previous session to 22,540.59 points on the 6th. The Dow Jones index dropped 1.20% to 48,908.41, and the S&P 500 index fell 1.20% to finish at 6,799.99.
The CEO of major U.S. brokerage Charles Schwab said that while prediction markets have some informational value, trades that amount to sports betting do not align with the firm’s core mission. Rick Wurster, CEO of Charles Schwab, said in an interview
Bitcoin (BTC) briefly regained the $63,000 level. As of 05:53 on the 6th, BTC is trading at $62,622.22 on Binance’s Tether (USDT) market, down 14.67% from the previous day.
A U.S. senator stressed the need to establish a clear regulatory framework, saying digital assets (cryptocurrencies) will not disappear anytime soon. He also raised concerns about congressional gridlock surrounding a digital-asset market structure bi
Bitcoin (BTC) briefly fell back below the $64,000 level. As of 05:24 on the 6th, BTC was trading at $63,898.12 on the Binance Tether (USDT) market, down 13.25 % from the previous day.
Bitcoin (BTC) has briefly given up the $65,000 level. As of 05:05 on the 6th, BTC is trading at $64,973.18 on Binance’s Tether (USDT) market, down 11.96 % from the previous day.
According to Walter Bloomberg, a breaking-news account, on the 5th (local time), expectations for interest-rate cuts by the Federal Reserve (Fed) are rising again as a string of US employment indicators shows signs of weakening. The assessment is tha
The U.S. Treasury secretary sharply criticized market participants opposing legislation to establish a market structure for digital assets (cryptocurrencies), saying those who do not want regulation should go to another country—not the United States.
Bitcoin (BTC) has slipped below $69,000, raising the possibility that the market has entered a so-called “full capitulation” phase. Analysts say large-scale loss-taking sales by short-term investors and a simultaneous deterioration in technical indic
Bitcoin (BTC) briefly regained the $66,000 level. As of 03:20 on the 6th, BTC is trading at $65,999.92 on Binance’s Tether (USDT) market, down 9.57% from the previous day.
Changpeng Zhao, founder of Binance, said he was "poor again" amid a sharp Bitcoin (BTC) downturn. By resharing a remark he had made during a previous price slump, he indirectly alluded to current market conditions. On the 5th (local time), Zhao repos
An analysis suggests that Bitcoin’s medium- to long-term floor price is around $60,000. Bill Miller, a hedge fund industry veteran, cited mining costs and on-chain data as the basis for that level. On the 5th (local time), Miller wrote on X, “The ave
Sovcombank, Russia’s ninth-largest bank, has launched a loan product backed by bitcoin (BTC). It is the first time a major Russian bank has marketed bitcoin-collateralized loans as a formal product. According to CoinDesk, a cryptocurrency-focused med
Bitcoin (BTC) briefly reclaimed the $67,000 level. As of 02:21 on the 6th, BTC is trading at $66,787.77 on Binance’s Tether (USDT) market, down 8.51% from the previous day.
The US Treasury secretary said there are rumors that China is developing a digital asset that is not pegged to the yuan. According to Watcher.Guru, a US media outlet specializing in virtual assets (cryptocurrencies), US Treasury Secretary Scott Besse
US Treasury Secretary Scott Bessent said any decision on legal action over the Federal Reserve's (Fed) interest-rate policy is a matter for US President Donald Trump—not for Kevin Warsh, the nominee for the next Fed chair. According to the breaking-n
Bitcoin (BTC) briefly recovered the $68,000 level. As of 00:53 on the 6th, BTC was trading at $68,027.86 on the Binance Tether (USDT) market, down 8.10% from the previous day.
As Bitcoin (BTC) continues to trend lower, the size of margin long positions on Bitfinex has risen to the highest level in two years. According to CoinDesk, a digital asset (cryptocurrency) news outlet, Bitcoin margin long positions on Bitfinex total
Bitcoin (BTC) has fallen below the KRW 100 million level in Upbit’s KRW market. It has been about 1 year and 3 months since BTC on Upbit last dropped below KRW 100 million. Bitcoin is currently trading at KRW 99,497,000 in Upbit’s KRW market, down 7.
The three major U.S. stock indexes finished the session mixed. The Nasdaq Composite fell 1.51% from the previous day on the 5th to 22,904.58. The Dow Jones Industrial Average rose 0.53% to 49,500.90, while the S&P 500 fell 0.51% to 6,882.76 at the cl
US President Donald Trump said Kevin Warsh—his pick to lead the Federal Reserve (Fed)—understands his preference for a rate-cutting stance. According to Walter Bloomberg, a breaking-news account, Trump said in an interview with NBC on the 4th (local
A forecast has emerged that Bitcoin (BTC) could fall to $38,000 based on past market cycles. According to Walter Bloomberg, a breaking-news economics account, on the 4th (local time), investment bank Stifel said in a recent analytical report that Bit
CME Group, the operator of the Chicago Mercantile Exchange in the US, is reportedly considering issuing its own token, dubbed the “CME coin.” According to CoinDesk, a digital-asset (cryptocurrency) news outlet, on the 4th (local time), CME Group Chie
Some Republican lawmakers in the United States have formally called on the Treasury Department to purchase Bitcoin (BTC), arguing it should be considered a strategic asset at the national level. According to Walter Bloomberg, a financial breaking-new
A US House lawmaker said the bank chartering process should be halted until an investigation into ties between World Liberty Financial (WLFI) and the United Arab Emirates (UAE) is concluded. According to crypto-focused outlet The Block on the 4th (lo
The three major U.S. stock indexes are trading mixed. The Nasdaq Composite is trading at 22,793.74 points, down 1.98% from the previous session as of 03:56 on the 5th. The Dow Jones Industrial Average is up 0.11% at 49,293.25 points, while the S&P 50
Bitcoin (BTC) briefly fell back below the $74,000 level. As of 03:54 on the 5th, BTC was trading at $73,626.30 on Binance’s Tether (USDT) market, down 6.50% from the previous day.
Bitcoin (BTC) is increasingly moving in tandem with U.S. software-related stocks, according to analysis. As the tech sector remains in a corrective phase, Bitcoin is showing a similar trajectory. On the 4th (local time), crypto-focused U.S. media out
BBVA, Spain’s second-largest bank, has joined a European banking alliance seeking to issue a euro-denominated stablecoin. According to CoinDesk, a cryptocurrency-focused media outlet, BBVA has joined Qivalis, a consortium of 12 major European Union (
US Treasury Secretary Scott Bessent declined to take a position on whether President Donald Trump has the authority to remove the chair of the Federal Reserve (Fed). On the 4th (local time), according to the breaking-economy news account Walter Bloom