Category: Cryptocurrency

$1B crypto liquidation triggers major market sell-off

Posted on By Theja Srinivas No Comments on $1B crypto liquidation triggers major market sell-off
$1B crypto liquidation triggers major market sell-off
Business, Cryptocurrency, Finance, GSM, Latest news, News

A $1 billion cryptocurrency liquidation causes a significant market sell-off. What transpired and what comes next? More than $1 billion in leveraged positions were liquidated in a matter of hours, causing a sharp and widespread sell-off across major digital assets, resulting in one of the cryptocurrency market’s most dramatic declines of the year. The event … Read More “$1B crypto liquidation triggers major market sell-off” »

Cryptology firm halts elections after losing encryption key

Posted on By Theja Srinivas No Comments on Cryptology firm halts elections after losing encryption key
Cryptology firm halts elections after losing encryption key
Cryptocurrency, GSM, Latest news, News, Technologies

A Wake-Up Call for Secure E-Voting: A Cryptology Group Cancels Election After Losing Key The global cryptography community has been shaken by an unexpected and unsettling incident. Due to the loss of the cryptographic key needed to decrypt the votes, the International Association for Cryptologic Research (IACR), a globally recognised organisation at the forefront of … Read More “Cryptology firm halts elections after losing encryption key” »

Safe Haven vs. Digital Gold: Why the Dollar and Bitcoin Are Rising Together

Posted on By Theja Srinivas No Comments on Safe Haven vs. Digital Gold: Why the Dollar and Bitcoin Are Rising Together
Safe Haven vs. Digital Gold: Why the Dollar and Bitcoin Are Rising Together
Cryptocurrency

On May 23, 2025, the US Dollar surged to a nearly five-week high amid global economic uncertainties, driven by its status as a safe haven currency. The Dollar Index (DXY) rose to 105.73, reflecting investor concerns over inflation and geopolitical instability. Major currencies weakened against the dollar, with significant impacts noted in the euro, yen, and Indian rupee. Concurrently, Bitcoin reached a new all-time high of $82,450, fueled by institutional demand and optimism for regulatory clarity. The simultaneous rise of both the dollar and Bitcoin highlights evolving investor strategies, as both are beginning to coexist in diversified portfolios amidst market volatility.