Crycent

Bitcoin and ether fall, then rebound as Trump retreats from Greenland tariffs

What to know: Bitcoin staged a sharp overnight round trip during Asian trading hours, sliding below $88,000 before rebounding toward $90,000, according to CoinDesk market data, after President Donald Trump walked back tariff threats tied to Greenland during his World Economic Forum appearance in Davos. The move capped a volatile 24 hours for crypto markets, which…

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Bitcoin price consolidation nears 60-day window that’s historically triggered rallies

What to know: Bitcoin BTC$93,284.94 has remained between the November low near $80,000 and the January high around $98,000 for 59 days, and is now approaching the roughly 60-day timespan that marked previous consolidations since the collapse of crypto exchange FTX marked the cycle bottom in 2022. Take, for example, April 2025 during the market turmoil related…

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Chinese crime ring arrested in South Korea laundered over $100 million worth of crypto

What to know: Three Chinese nationals arrested in South Korea have been referred to prosecution after allegedly laundering $107 million worth of cryptocurrency, local custom officials reported on Monday. The arrests in South Korea come amid the financial regulatory authorities seeing delays in agreeing on a crypto market framework in a country where cryptocurrency has become a primary investment…

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Bitcoin slips below key support as tariff talk rattles crypto: Crypto Markets Today

What to know: Bitcoin BTC$93,188.41 and the broader crypto market traded lower on Monday following reports that the European Union is readying 93 billion euros ($110 billion) of tariffs in retaliation to U.S. President Donald Trump’s threats about Greenland. The tariff concerns sent equities in Europe and futures in the U.S. lower while haven assets gold and…

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Decentralized autonomous organizations need a rethink, Ethereum co-founder says

What to know: Ethereum co-founder Vitalik Buterin is calling for an overhaul of decentralized autonomous organizations, or DAOs, which are core to blockchain-based democratization of finance, arguing that most have strayed from their promise to shift financial power from banks to everyday token holders. In a post published on social media, Buterin said that the…

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