News

Peter Schiff mocks Bitcoin’s 7% drop, comparing it to Punxsutawney Phil’s winter prediction. He calls it a "crypto winter" as markets tumble.

TCY tokens will be distributed at a rate of 1 TCY per dollar of defaulted debt, turning lenders and savers into equity holders.

Entities behind President Donald Trump’s crypto coin have accumulated close to $100 million in trading fees in less than two weeks, according to estimates from three blockchain analysis firms, a large windfall from a venture that has seen tens of thousands of small traders lose money. Three crypto data firms, including Merkle Science and Chainalysis, analyzed the blockchain, a publicly available ledger that shows all transactions involving $Trump, for Reuters. One of the entities behind the crypto coin is a company owned by Trump, called CIC Digital.

The cofounder of Bitcoin insurer AnchorWatch says demand has surged since the brutal kidnapping of a French crypto executive.

The exchange can now offer crypto services to clients in the country.

Buying the dip after a massive liquidation flush and higher demand for stablecoin could fuel growth in bitcoin and the broader crypto market, some say.

SINGAPORE/PARIS (Reuters) -Cryptocurrency prices slid on Monday, with bitcoin at a three-week low, as the risk of a trade war spooked investors and caused a selloff across financial markets. Bitcoin, the world's biggest cryptocurrency, hit a three-week low of $91,441.89 overnight and stood at $95,730.35 at 0941 GMT, down 6.2% on the day. Over the weekend, U.S. President Donald Trump imposed 25% tariffs on Mexican and most Canadian imports, and 10% on goods from China, starting on Tuesday.