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Crypto

Luxury brands are embracing cryptocurrency as Bitcoin surges in value

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Top names like Gucci and Balenciaga are exploring crypto payments to attract wealthy shoppers.

 

France’s iconic Printemps store now accepts Bitcoin and Ethereum through a Binance partnership.

Even Virgin Voyages is onboard, offering a $120,000 cruise package payable in Bitcoin.

While risks remain, experts say crypto adoption could redefine payments and branding in the luxury market.

Crypto

Bitcoin falls below $67,000 as market sentiment wavers

Bitcoin falls below $67K amid sell-off; analysts cite interest rates and ETF flows as market pressures.

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Bitcoin falls below $67K amid sell-off; analysts cite interest rates and ETF flows as market pressures.

Bitcoin has tumbled below $67,000, extending a recent decline as investor confidence wavers. The cryptocurrency stabilised near $67,000 after briefly dipping to around $66,996.

The sell-off follows Bitcoin falling below the $70,000 mark on February 5, with analysts from Deutsche Bank citing the fading ‘Tinkerbell effect’ as a key reason for the wavering valuation.

Additional pressures from the Federal Reserve’s interest rate policies and large ETF inflows and outflows have intensified the crash. Despite the turmoil, some analysts point to early signs of potential market stabilisation.

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#Bitcoin #CryptoNews #BitcoinCrash #CryptoMarket #CryptoUpdate #BitcoinTrading #MarketAnalysis #FinancialNews


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Bitcoin tumbles as volatility surges and analysts warn of more downside

Bitcoin drops 12% to 77,900 amid global market volatility; predictions vary on short-term recovery or further declines.

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Bitcoin drops 12% to 77,900 amid global market volatility; predictions vary on short-term recovery or further declines.

Bitcoin has had a bruising week, slipping below 80,000 for the first time since April 2025 and trading near 77,900 as global markets turn risk off. The pullback has wiped more than 200 billion from the crypto market, with thin weekend liquidity accelerating the sell-off.

Volatility has surged after more than 2 billion dollars in bitcoin positions were liquidated since Thursday, intensifying price swings and unsettling investors. Analysts are divided, with some calling a potential short-term bottom near 70,000 while others warn the turbulence may not be over yet.

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White House holds talks with crypto and banking executives on new rules

White House to meet with crypto leaders on federal legislation and stablecoin interest amid financial stability concerns.

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White House to meet with crypto leaders on federal legislation and stablecoin interest amid financial stability concerns.


The White House is set to meet with banking and cryptocurrency leaders to push forward federal crypto legislation. Discussions will focus on stablecoin interest and financial rules under the Clarity Act.

The bill aims to provide clarity for digital assets but faces delays over competition and financial stability concerns. Crypto companies emphasise that offering interest is crucial to attract customers.

#CryptoNews #Stablecoins #FinancialRegulation


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