The Abu Dhabi Investment Council significantly expanded its exposure to Bitcoin during the third quarter, increasing its position in BlackRock’s iShares Bitcoin Trust ETF shortly before a sharp correction hit the broader cryptocurrency market. Regulatory filings show that ADIC, an independently run arm of Mubadala Investment Co., boosted its holdings in the ETF to almost
Litecoin fell 6% to come close to $90 on Wednesday, with LTC feeling the downside pressure as Bitcoin briefly dipped below $90,000 – again. The decline for BTC also saw Ethereum struggling to maintain a key support level, with its price dipping under $3,000. Many altcoins bore the brunt of the downside momentum. The crypto
A short-lived rebound in cryptocurrencies evaporated on Wednesday, with Bitcoin tumbling 4% back below $90,000 even as US stocks advanced. Bitcoin slipped to about $89,398, down 4.2% on the day and 12.2% over the week, with the broader market firmly in risk-off mode as total crypto market value dropped nearly 5% today. Ethereum traded near
Politics, tech, and crypto all delivered major headlines on Wednesday. The White House has kicked off its search for a new Federal Reserve chair, Nvidia’s highly anticipated earnings have Wall Street on pause, and Adobe is making a big move with a $1.9B acquisition of Semrush. Meanwhile, Bitcoin’s slide deepened, falling to a seven-month low
The US stock market remained steady on Wednesday as traders geared up for Nvidia’s blockbuster earnings after the close. The S&P 500 is flatlining near 6,637, up just 0.3%, while the Dow is ticking up 0.1% and the Nasdaq is edging up 0.4%, essentially treading water. The quiet reflects a market that’s seen enough volatility
Bitcoin and XRP remained under pressure on Thursday as both cryptocurrencies attempted to rebound from recent lows but continued to face stiff resistance at key technical levels. While each asset has seen short-term relief after steep declines, analysts warn that failure to clear nearby hurdles could trigger another leg lower. Bitcoin attempts recovery but faces
In July 2020, the digital world held its breath as one of social media’s biggest security breaches unfolded in real time. Joseph James O’Connor, a Liverpool-born hacker operating under the alias “PlugwalkJoe,” orchestrated a stunning attack on Twitter that compromised more than 130 high-profile accounts in a matter of minutes. The targets read like a
Bitcoin price was choked by the absence of any immediate bullish catalysts today, and bulls failed to defend the $95,000 support zone, exposing the market to renewed selling pressure. At the time of writing, the total crypto market cap had slipped nearly 2%, still clinging to the upper range of the $3.2 trillion mark but
Cboe Futures Exchange is preparing to introduce new cryptocurrency products with the launch of “continuous futures” for Bitcoin and Ethereum scheduled for December 15, 2025. The move comes as trading activity in digital assets continues to build momentum. Major derivatives platforms have been expanding their offerings, with the Chicago Mercantile Exchange recently adding options on
Alphabet stole the spotlight with a big Berkshire-backed rally, while SEBI’s clash with Jane Street kept regulatory tensions high in India. Nvidia saw a slight wobble after Peter Thiel’s fund exited its position, even as analysts stayed upbeat ahead of earnings. In crypto, Bitcoin dipped below $ 94,000, extending its slide as fear continues to