A WSJ article delved into the contrasting styles between Tether’s Giancarlo Devasini and Circle’s Jeremey Allaire.
Overall crypto market capitalization fell 8% to $2.7 trillion, reversing all advances since Republican Donald Trump was elected U.S. president in early November.
The SEC accused the company’s wallet tool of being an unregistered securities broker.
The price of gold is up nearly 11% so far in 2025 and 43% over the past 12 months.
The move higher was in line with a CoinDesk analysis on Tuesday, as a five-month low in a sentiment index and a large-scale liquidation event indicated assets were likely oversold and could see relief in the short term.
Tuesday’s drop from 49 to 25 is one of the sharpest since September and indicative of a quick shift toward overly bearish sentiment.
Liquidations crossed the $1.35 billion level in the past 24 hours as a market slide worsened.
Traders said the current bearish sentiment could be overblown and macroeconomic decisions were key to support market growth.
On-chain veri tracked by Nansen shows 86% of traders lost money, a total of $251 million.
Analysts are expecting overall crypto revenue at Robinhood to have soared to $345.5 million from $63.9 million in the previous quarter.
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