Bitcoin slips 3.6% below $92,000, $600 million of bullish bets liquidated as Trump’s new tariffs cause uncertainty

Bitcoin, the world’s largest cryptocurrency token, tanked 3.6% in the aftermath caused by United States President Donald Trump’s new Greenland-related tariffs on eight European allies the past weekend. Bloomberg cited data from CoinGlass, which showed that around $600 million of bullish bets on cryptocurrencies were liquidated in the past 24 hours, largely driven by uncertainty…

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Former NY Mayor Eric Adams announces memecoin to ‘address antisemitism, anti-Americanism’ — How to buy

Former New York City Mayor Eric Adams today announced the launch of his cryptocurrency memecoin ‘NYC Token’, telling reporters that revenue raised will be used to address “anti-Americanism, antisemitism, and teach children about blockchain technology”. Addressing reporters in NYC on January 12, Adams said that this comes from learnings as Mayor for four years, and…

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‘The Big Short’ fame investor Michael Burry remains bearish on AI, has put options against this major US tech stock

Famed investor Michael Burry, the hedge fund manager who predicted and profited from the US housing sector collapse during the 2008 financial crisis, has drawn attention over recent months for his firm bear position on artificial intelligence (AI) led technology stocks, including market darling Nvidia. Now, Burry has revealed his latest move — betting against…

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Sebi forms high-level working group to focus on AI, cloud computing for Market Infrastructure Institutions

Securities and Exchange Board of India (Sebi) announced on Thursday, 8 January, that it has constituted a high-level working group to formulate a comprehensive technology roadmap for Market Infrastructure Institutions (MIIs), covering both short-term (five-year) and long-term (10-year) strategies. “The Working Group has been constituted in view of the rapid evolution of technology and the…

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Bitcoin jumps 6% in a week amid US-Venezuela conflict — Where is the crypto token headed next?

The cryptocurrency markets are in green today, with market capitalization of $3.2 trillion, and 24-hour trading volume of $126.05 billion, according to data on CoinMarketCap. Among tokens, Bitcoin maintains its dominance, holding 58.4% of the pie, followed by Ethereum (12.2%) and other cryptos (29.5%). According to CoinMarketCap analysis, the overall crypto market rose 1.39% over…

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