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Bitcoin slipped below the psychologically important $106,000 level during early European trading hours Friday, triggering a cascade of forced liquidations that wiped out nearly $1.2 billion in leveraged positions across cryptocurrency markets. The sell-off, which began late Thursday as Bitcoin breac

U.S. authorities seized approximately 127,271 Bitcoin valued at $14 billion and charged Chen Zhi, a dual UK-Cambodian national, with orchestrating what prosecutors describe as one of Asia's largest transnational criminal operations. The charges filed Tuesday in New York accuse Zhi of running forced

Elon Musk declared Bitcoin superior to government-issued currencies in a post on X, arguing the cryptocurrency's foundation in energy expenditure makes it impossible to counterfeit unlike fiat money that every government has historically debased. The Tesla CEO's statement came as Bitcoin traded at $

An anonymous cryptocurrency trader on the Hyperliquid decentralized exchange has increased their short position against Bitcoin to nearly $500 million, doubling their bet in just two days after previously profiting $192 million from a recent market crash. The trader, whom the crypto community has du

Cryptocurrency markets plummeted on Oct. 10 after the U.S. president imposed a 100% tariff on China, wiping out nearly $760 billion in value and triggering $19 billion in forced liquidations within 24 hours. Gold, meanwhile, climbed to record highs above $4,000 per ounce, raising fresh doubts about