Iraq Bulletin

Tag : Ethereum

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Trump’s U.S. strategic crypto reserve sparks backlash among supporters

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President Donald Trump’s announcement of a U.S. strategic crypto reserve has sparked backlash among key figures in the tech and cryptocurrency sectors, exposing an early rift within the coalition that helped fund his 2024 campaign. The reserve, which Trump stated...
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Bitcoin drops below key $87,000 level as liquidations surge past $600M

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The cryptocurrency market suffered a significant downturn on Tuesday, with Bitcoin plunging nearly 10% amid mounting concerns over security breaches, regulatory uncertainty, and broader financial market instability. The price of Bitcoin dropped below $87,000, marking its lowest level since November,...
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Bybit loses over $1.4 billion in Ethereum as hackers strike

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Bybit, the Singapore-based cryptocurrency exchange, has confirmed a security breach that resulted in the theft of over $1.4 billion worth of Ethereum (ETH) from one of its cold wallets. The attack, which appears to have exploited vulnerabilities in the exchange’s...
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Bitcoin drops 7.3% since Trump’s inauguration amid weak sentiment

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Bitcoin continued its downward trajectory on Monday, declining 0.8% to $96,197, as the cryptocurrency market remained subdued amid the U.S. Presidents Day holiday. With stock and bond markets closed, significant price movements appeared unlikely, extending Bitcoin’s underwhelming start to 2025....
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Goldman Sachs now holds $2 billion in Bitcoin and Ethereum ETFs

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Goldman Sachs has significantly increased its holdings in cryptocurrency exchange-traded funds (ETFs), accumulating over $2 billion in Bitcoin and Ethereum ETF shares, according to recent U.S. Securities and Exchange Commission (SEC) filings. The investment banking giant now holds approximately $1.3...