Recent Posts

Bitcoin Plunges Below $112K as $1B ETF Outflows Fuel Market Jitters

Bitcoin fell below $112,000 on August 20, 2025, driven by $1 billion in outflows from U.S. spot Bitcoin ETFs, one of the largest withdrawals since their January 2024 launch, per Farside Investors. The crypto market cap dropped to $3.9 trillion, with Bitcoin down 9% from its $124,457 peak on August 14, according to CoinMarketCap. This sell-off, reported by Business Standard, …

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Crypto VC Funding Plunges 59% in Q2 2025, Falls to $1.97B

Venture capital (VC) funding for cryptocurrency startups cratered in Q2 2025, falling 59% quarter-over-quarter to $1.97 billion across 378 deals, down 15% in deal count, according to Galaxy Digital Research. This marks the weakest quarter since Q4 2020, a stark contrast to Q1’s $4.8 billion, inflated by a $2 billion Binance investment. Excluding that outlier, the drop is closer to …

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Cardano Price Nosedives 10% Overnight — Is More Pain Coming for ADA?

Cardano’s ADA token crashed nearly 10% in 24 hours, trading at $0.869, outpacing losses in Bitcoin (-7.8%) and Ethereum (-3%), per CoinMarketCap. The sharp decline, reported by CryptoNews, has left investors wary of further downside as the crypto market faces broader turbulence. Several factors drove this sell-off. Profit-taking followed ADA’s recent surge to $1, with trading volume spiking to $2.67 …

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CFTC Slaps $228M Judgment on Pastor Behind Crypto Ponzi Scheme

U.S. Commodity Futures Trading Commission (CFTC) won a $228.6 million judgment against Eddy Alexandre, a New York pastor who defrauded over 25,000 investors of $262 million through a crypto Ponzi scheme. Operating under EminiFX, Alexandre promised 5–9.99% weekly returns using a nonexistent “robo-assisted advisor” and AI trading technology, exploiting his position in Long Island’s Haitian church community. The U.S. District …

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Why Is Crypto Down Today? Key Factors Behind August 20 Sell-Off

Cryptocurrency market experienced a sharp decline, with Bitcoin falling below $113,000 and Ethereum dropping to $4,210, dragging the global market cap down 1.5% to $3.9 trillion. Several factors fueled this sell-off, raising concerns among investors about the short-term outlook. First, Bitcoin’s retreat from its recent $124,000 peak reflects profit-taking after a strong rally. CryptoQuant analysts suggest this correction, typical of …

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