Cryptocurrency News
BMX Token Crashes 46% as BitMart Announces Exchange Wind Down
Cryptocurrency exchange BitMart will shut down its trading platform, beginning an orderly wind-down on Sunday. The announcement sent BitMart Token (BMX) tumbling, with the exchange token posting double-digit losses over the past 24 hours. The platform urged users to close positions and withdraw assets without delay, setting a phased timeline that runs into 2027 before operations cease entirely.
Bitcoin Miner Poolin Files Bankruptcy, Seeks $52M Texas Asset Sale
Around $167 million of Poolin's debt comes from IOUs issued after customer withdrawals were frozen during 2022's market crash.
Top 3 US Stock Market Stories From This Week
US stocks fell this week as investors reacted to disappointing Big Tech earnings, oil above $100 and sharp swings in semiconductor shares. The Nasdaq lost around 2% between July 19 and July 25. The S&P 500 fell 0.6%, while the Dow dropped 0.4%. Technology stocks faced the heaviest pressure. Here are the three biggest US
The Harsh Reality of New Crypto: Just 7% of Major Tokens Beat Their Launch Price
Almost every high-value cryptocurrency launched since 2024 is now worth less than it was at launch, according to analytics firm CryptoRank. The data paints a sobering picture for anyone chasing the next big token debut.
Top 5 Trump News That Moved Markets This Week
Donald Trump’s threats against Iran and a new wave of tariffs dominated financial markets between July 19 and July 25. Oil prices climbed as geopolitical risks increased. Meanwhile, trade measures targeting dozens of economies raised fresh concerns about inflation, corporate costs and interest rates. Here are the five Trump developments that mattered most…
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