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A crypto analyst argued Bitcoin's (BTC) recent crash was driven by derivatives market liquidations rather than spot selling, claiming the 21 million supply cap no longer constrains price discovery through financial markets. The analysis comes as Bitcoin dropped from $81,500 to $60,000 within five da

Google search volume for "Bitcoin" (BTC) reached its highest level in 12 months during the week starting February 1 as the cryptocurrency briefly dropped to $60,000 before recovering to approximately $70,000. Google Trends data showed a score of 100 for worldwide searches, surpassing the previous pe

China's central bank issued comprehensive regulations on February 6 banning real-world asset tokenization and offshore issuance of yuan-pegged stablecoins. The People's Bank of China explicitly named Bitcoin (BTC), Ethereum (ETH), and Tether (USDT) as lacking legal tender status in Notice No. 42, si

Russian authorities detained a 26-year-old Barnaul resident for allegedly transferring 24 million rubles ($310,000) in cryptocurrency to wallets used by Ukrainian armed forces. The man faces terrorism financing charges under Russian law, which classifies financial support for Ukraine's military as a

South Korean cryptocurrency exchange Bithumb accidentally distributed 2,000 Bitcoin (BTC) worth approximately $133 million to hundreds of users after a staff member entered the wrong currency code during a rewards payout, according to multiple reports. Fat Finger Error Causes Immediate Market Sellof