Bloomberg's McGlone is confident that Bitcoin will be the leading indicator for the next recession .
CryptoProcessing by CoinsPaid has integrated EURC, Circle’s fully euro-backed stablecoin, expanding its portfolio of crypto payment options for European businesses. The addition strengthens the company’s position in the market for euro-denominated crypto payments, addressing growing demand for compliant stablecoin settlement in the EU. The integration allows merchants across Europe to accept EURC (digital euro issued by Circle) payments on Ethereum (ERC-20), Solana (SPL), and Base, enabling faster and more secure blockchain transactions for sectors such as e-commerce, travel, and iGaming. The update also enhances access to on-chain euro liquidity, offering businesses a stable alternative to USD-denominated stablecoins. Aliaksei Tulia, Chief Technical Officer at CoinsPaid, said the listing reinforces the company’s mission to connect traditional finance with blockchain-based settlement rails. “With this listing, CryptoProcessing by CoinsPaid strengthens its role as a bridge between traditional finance and the blockchain economy: helping businesses move value across borders with euro-denominated precision,” Tulia noted. “Whether it’s e-commerce, travel, or iGaming, we’re making crypto payments as seamless and familiar as any modern payment method.” Similar to USDC, EURC is MiCA-compliant and issued by Circle under a full-reserve model.EURC maintains 1:1 backing with euro reserves held in European financial institutions, ensuring transparency and full redemption rights. The addition of EURC builds on CryptoProcessing by CoinsPaid’s earlier integration of USDG, giving clients access to multiple fully fiat-backed and audit-verified stablecoins. Together, USDG and EURC expand the platform’s infrastructure for real-time, compliant digital payments that meet the expectations of regulated markets. What this means for CryptoProcessing by CoinsPaid clients. • Euro-based pricing without FX volatility• Faster settlement times compared to traditional fiat systems• Full regulatory alignment with EU financial standards• A transparent and trustworthy alternative to stablecoins with uncertain reserves• A stablecoin designed for real-world commerce, not trading CryptoProcessing by CoinsPaid says the integration supports its broader strategy to future-proof digital payments in Europe, offering businesses payment tools that combine regulatory compliance, stability, and transaction speed. As the EU implements MiCA, stablecoins such as EURC are expected to play a growing role in cross-border payments, merchant settlement, and blockchain-based commerce. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
The latest U.S. Personal Income & Outlays report shows flat real spending and sticky inflation, creating near-term pressure on crypto flows.
BitcoinWorld Bitcoin Price Plummets: BTC Falls Below $89,000 in Market Downturn The cryptocurrency market experienced a significant shift today as the Bitcoin price fell below the crucial $89,000 threshold. According to real-time market monitoring, BTC is currently trading at $88,933.34 on the Binance USDT market. This movement has captured the attention of investors worldwide, prompting questions about market stability and future trends. What Caused the Bitcoin Price Decline? Several factors typically influence Bitcoin price movements. Market analysts point to a combination of technical indicators and broader economic conditions. The recent dip below $89,000 represents a key psychological level for traders, often triggering automated sell orders and increased volatility. However, it’s essential to remember that cryptocurrency markets naturally experience these fluctuations as part of their normal cycle. Current market sentiment appears mixed, with some investors seeing this as a buying opportunity while others exercise caution. The trading volume accompanying this Bitcoin price movement provides important context about market participation and conviction behind the downward trend. How Should Investors Respond to BTC Volatility? Experienced cryptocurrency investors understand that price volatility comes with the territory. When the Bitcoin price experiences significant movements, consider these approaches: Review your investment strategy – Does this change your long-term outlook? Assess risk tolerance – Can you withstand further potential declines? Monitor market indicators – Watch trading volume and support levels Avoid emotional decisions – Panic selling often leads to losses Remember that historical data shows Bitcoin has recovered from numerous similar corrections. The current Bitcoin price action, while noteworthy, fits within established market patterns. What Does This Mean for the Crypto Market? Bitcoin often sets the tone for the broader cryptocurrency ecosystem. When the Bitcoin price moves significantly, other digital assets frequently follow similar patterns. This correlation means today’s development could influence: Altcoin performance throughout the week Institutional investor decisions Market sentiment across trading platforms Regulatory discussions about market stability The $89,000 level served as important support, and its breach warrants attention. However, cryptocurrency markets have demonstrated remarkable resilience through previous cycles, often emerging stronger after consolidation periods. Key Takeaways for Crypto Enthusiasts Today’s Bitcoin price movement below $89,000 serves as a valuable reminder about market dynamics. First, cryptocurrency investing requires understanding volatility as a fundamental characteristic rather than an exception. Second, successful investors develop strategies that account for both upward and downward movements. Finally, maintaining perspective during price fluctuations helps avoid reactionary decisions that could undermine long-term objectives. The cryptocurrency market continues evolving, with each price movement contributing to its maturation. While the current Bitcoin price of $88,933.34 represents a decline, it also represents another data point in Bitcoin’s ongoing market journey. Frequently Asked Questions Why did Bitcoin fall below $89,000? Bitcoin price movements typically result from multiple factors including market sentiment, trading volume, technical indicators, and broader economic conditions. The breach of psychological support levels often triggers automated trading activity. Should I sell my Bitcoin now? Investment decisions should align with your individual strategy, risk tolerance, and financial goals. Many investors view price corrections as potential opportunities, but personal circumstances vary significantly. How low could Bitcoin price go? Predicting exact price levels remains challenging even for experienced analysts. Markets establish new support and resistance levels through trading activity, making precise predictions unreliable. Will this affect other cryptocurrencies? Bitcoin often influences broader market sentiment, meaning other cryptocurrencies may experience similar movements. However, individual assets have unique fundamentals that also drive their performance. Is this a normal market correction? Yes, price corrections of this magnitude occur regularly in cryptocurrency markets. Historical data shows similar movements have happened throughout Bitcoin’s history. When might Bitcoin recover? Market recovery timelines vary based on numerous factors. Some corrections resolve quickly while others require more time. Monitoring trading volume and market sentiment provides better indicators than timing predictions. Join the Conversation Market movements spark important discussions among cryptocurrency enthusiasts. Share this analysis with fellow investors on your social media platforms to compare perspectives and strategies. Understanding different viewpoints helps build more comprehensive market awareness. What’s your take on the current Bitcoin price movement? Join the discussion online using relevant cryptocurrency hashtags. To learn more about the latest Bitcoin trends, explore our article on key developments shaping Bitcoin price action and market analysis. This post Bitcoin Price Plummets: BTC Falls Below $89,000 in Market Downturn first appeared on BitcoinWorld .
A lawmaker in Indiana introduced legislation that would broaden access to Bitcoin and crypto exposure for savers in the Midwestern state.
With weakening market sentiment and increased volatility, XRP is poised for a decisive breakout. Amid the recent gradual recovery in the cryptocurrency market, XRP’s price action has once again become a focus for investors. After a long period of consolidation, XRP has shown clear signs of a breakout on the technical charts, with multiple indicators suggesting a potential price surge towards the key target of $2.7. Meanwhile, the ecosystem applications surrounding XRP are also growing. The model of “accessing Moon Hash smart cloud computing contracts via XRP” is driving new expansion in both real-world demand and on-chain usage. This ecosystem strengthening could be a significant external force propelling XRP’s price breakout. Industry institutions and analysis firms point out that as the market gradually consolidates the structural changes brought about by recent ETF activity, cloud computing platforms are becoming a focal point. Moon Hash, a platform focused on digital infrastructure, is attracting attention for its smart cloud computing power model. This model is characterized by easy participation and transparent operation. It provides an alternative to traditional infrastructure deployments, which typically require dedicated hardware, continuous maintenance, and complex technical management. Operational Structure and Risk Mitigation Moon Hash is known for its emphasis on compliance and security. The platform is registered in the UK and operates within established regulatory frameworks. Security Architecture: The system employs a multi-layered security infrastructure, utilizing systems from vendors such as McAfee® and Cloudflare®. To ensure asset security, the platform claims that over 80% of digital assets are stored in secure offline cold wallets. Risk Management: The platform also states that its digital asset holdings are protected by insurance policies underwritten by Lloyd’s of London, demonstrating its strong commitment to systemic risk management. Automated Systems: Moon Hash uses an AI-driven system to monitor operational stability and uses smart contracts to manage the automated and systematic daily distribution of technical outputs to user accounts. Participation Framework The platform maintains a clean and straightforward user access framework: Account Creation: You can register through the official website moonhash.com, which requires completing a standard verification process. Upon successful registration, you will receive a $15 welcome bonus. Asset Backing: The system supports multiple major digital assets for contract activation, including BTC, ETH, XRP, USDT, and SOL. Accessibility: The low barrier to entry for computing power contracts allows a wide range of investors to participate in the computing infrastructure. Continuous Operation: Once activated, the computing power program will run autonomously, and the resulting allocations will be automatically credited to the user’s account daily. Conclusion: The launch of the XRP ETF is a significant milestone and is expected to attract more mainstream capital to the market. As public attention to crypto assets continues to grow, the market is gradually shifting from short-term price fluctuations to long-term strategic investments in the underlying blockchain infrastructure, particularly computing power and the related ecosystem. In this trend, the rise of Moon Hash highlights the industry’s accelerated move towards a more stable, compliant, and efficient operating model, and also indicates that the computing power-centric digital asset ecosystem will become a significant force for future growth. Media Contact Information Official Website: https://moonhash.com/ Email: info@moonhash.com Application: https://moonhash.com/app.html Disclaimer: This is a sponsored press release for informational purposes only. It does not reflect the views of Times Tabloid, nor is it intended to be used as legal, tax, investment, or financial advice. Times Tabloid is not responsible for any financial losses The post Is XRP Poised for a Breakout? Technical Analysis Suggests Potential for $2.7 appeared first on Times Tabloid .
The price of Bitcoin (BTC) experienced a sudden drop below $90,000 amid renewed volatility in the market. BTC, which lost nearly 2% of its value in the last hour, fell to $88,964. This move led to sharp liquidations, particularly in highly leveraged positions. Bitcoin's market capitalization stood at $1.78 trillion, with 24-hour trading volume reaching $60.6 billion. Chart showing the decline in BTC price. This sudden price surge triggered a cascade of leveraged liquidations. A total of $96.9 million in positions were liquidated in the last hour, $93.8 million of which were long positions. The total of liquidations in the last 24 hours reached $435.6 million, with Bitcoin alone accounting for $170.9 million in liquidations. Related News: Top 10 AI Altcoins That Crypto Developers Are Focusing On the Most Have Been Revealed - Here's the List The rest of the market is experiencing similar volatility, led by Bitcoin. Ethereum fell to $3,072, shedding over 2% in the last hour. While the 24-hour outlook for major altcoins like Solana, XRP, BNB, and Dogecoin remains positive, short-term volatility has increased significantly. A look at the distribution of liquidations shows Bitcoin and Ethereum leading the way. Over the 24-hour period, $170.9 million was liquidated in BTC, $101.8 million in ETH, and $22 million in Solana. Even smaller-cap assets like FARTCOIN, ZEC, and PUMP experienced millions of dollars in liquidations, indicating that selling pressure has spread throughout the market. Despite this volatile trend, a slight selling trend was also noted in traditional markets. The Nasdaq index ended the day with a small 0.02% decline. *This is not investment advice. Continue Reading: Bitcoin Plummets Again Below $90,000 – Here’s What We Know and Liquidation Data
Federal prosecutors reserved the right to pursue up to 12 years for Terra founder Do Kwon in an August plea deal. Now, they’re seeking that maximum.
PEPE investors are at risk of losing their coins following a recent security incident. On-chain security firm Blockaid drew attention to a front-end attack on the meme coin’s website that could potentially drain users’ funds. PEPE Investors At Risk With Website Front-End Attack In an X post , Blockaid stated that its system identified a front-end attack on PEPE’s website. The security firm further revealed that the site contains a code of Inferno Drainer. This malware is known to be used to automatically drain users’ wallets , which puts holders at risk of losing their coins. The Inferno Drainer malware is said to redirect visitors on the website to a fake portal, where they risk clicking phishing links that are designed to drain their wallets. As such, the security firm advised investors and community members to avoid the website until the issue is resolved. Blockaid’s Threat Intelligence Team also told Cointelegraph that the Inferno Drainer code detected on the website matched a known drainer family they regularly identify. Meanwhile, the team has yet to make a statement on their official X platform regarding the malware. Notably, the website on the PEPE X platform redirects to a fake website (pepedotvip) instead of the original site (pepedotcom). The website also promotes a PEPE derivative , which is believed to be a rug coin. The price remained steady amid reports of the hack, climbing as high as 4% yesterday. However, the meme coin price has since retraced as part of a broader crypto market correction led by Bitcoin. The third-largest meme coin by market cap is also down over 75% year-to-date (YTD) thanks to the recent crypto market crash . The Rise In Inferno Drainer Attacks The PEPE front-end isn’t the first to fall victim to an Inferno Drainer attack this year. Earlier in the year, Blockaid had identified that CoinMarketCap’s frontend was compromised by what appeared to be an Inferno Drainer. Back then, the CoinMarketCap website displayed a pop-up prompting users to verify their wallets, which ultimately drained their funds. The BNB Chain X account was also a victim of this Inferno Drainer in October. The hackers posted links that directed users to websites that employed the Inferno Drainer toolkit. This incident resulted in a total loss of around $8,000 for users, which the BNB Chain promised to reimburse. Blockaid last year revealed that the Inferno Drainer group stole $80 million from Web3 users by exploiting older, malicious decentralized applications. This kind of scam is also said to have tripled last year, resulting in significant losses for investors. At the time of writing, the meme coin price is trading at around $0.000004697, down over 3% in the last 24 hours, according to data from CoinMarketCap.
BitcoinWorld Copyright Infringement Showdown: New York Times Escalates Legal War Against Perplexity AI In a bold move that could reshape the future of artificial intelligence and media, The New York Times has launched a copyright infringement lawsuit against AI startup Perplexity, marking the second major legal battle against an AI company by the prestigious newspaper. This lawsuit represents a critical moment in the ongoing struggle between traditional media and emerging AI technologies over content ownership and fair compensation. What Does the Copyright Infringement Lawsuit Actually Claim? The New York Times filed suit on Friday against Perplexity, alleging systematic copyright infringement through the AI company’s retrieval-augmented generation (RAG) products. The lawsuit claims Perplexity’s technology “provides commercial products to its own users that substitute” for the newspaper’s content “without permission or remuneration.” This legal action follows similar lawsuits from the Chicago Tribune and other media outlets, creating a growing wave of legal challenges against AI companies. According to court documents, The Times takes particular issue with how Perplexity’s AI systems operate: Gathering information from websites and databases to generate responses Repackaging original content in written responses to users Producing verbatim or near-verbatim reproductions of copyrighted works Accessing content behind paywalls without authorization Why is the New York Times Targeting Perplexity Specifically? The New York Times lawsuit represents a strategic escalation in the newspaper’s approach to AI companies. Graham James, a spokesperson for The Times, stated: “While we believe in the ethical and responsible use and development of AI, we firmly object to Perplexity’s unlicensed use of our content to develop and promote their products.” This lawsuit comes just over a year after The Times sent a cease and desist letter to Perplexity demanding it stop using its content. What makes this AI lawsuit particularly significant is the timing. The Times is simultaneously negotiating deals with other AI firms while pursuing legal action against Perplexity. This dual approach suggests a calculated strategy: using lawsuits as leverage in negotiations to force AI companies to formally license content in ways that compensate creators and maintain the economic viability of original journalism. How Does Perplexity’s Technology Work and Why is it Controversial? At the heart of this copyright infringement case is Perplexity’s retrieval-augmented generation technology. RAG allows AI systems to crawl the internet and gather information from various sources to generate responses to user queries. The Times claims this technology enables Perplexity to “steal content from behind our paywall and deliver it to its customers in real time.” The newspaper also alleges that Perplexity’s search engine has “hallucinated” information and falsely attributed it to the outlet, damaging its brand reputation. This combination of unauthorized content use and potential misinformation creates a powerful argument for the media company’s legal team. Perplexity’s Response Initiatives Media Outlet Reactions Launched Publishers’ Program offering revenue share Multiple outlets including Wired and Forbes accused Perplexity of plagiarism Introduced Comet Plus allocating 80% of fees to publishers News Corp made similar claims against Perplexity last year Struck licensing deal with Getty Images Reddit joined growing list of complainants in 2025 What Precedents Exist for This Type of AI Lawsuit? This isn’t the first legal battle The New York Times has initiated against AI companies. The newspaper is also suing OpenAI and its backer Microsoft , claiming the two trained their AI systems with millions of the outlet’s articles without offering compensation. OpenAI has argued that its use of publicly available data for AI training constitutes “fair use,” setting up a fundamental legal question that could determine the future of AI development. A similar lawsuit against Anthropic could set important precedents. In that case, the court ruled that while lawfully acquired books might be a safe fair use application, pirated ones infringe on copyrights. Anthropic agreed to a $1.5 billion settlement, suggesting that AI companies recognize the financial risks of copyright infringement claims. Who Else is Joining the Legal Battle Against Perplexity? The New York Times lawsuit adds to mounting legal pressure on Perplexity from multiple directions: News Corp (owner of Wall Street Journal, Barron’s, New York Post) Encyclopedia Britannica and Merriam-Webster Japanese publications Nikkei and Asahi Shimbun Social media platform Reddit Technology publications Wired and Forbes Internet infrastructure provider Cloudflare recently confirmed claims that Perplexity has been crawling and scraping content from websites that have explicitly indicated they don’t want to be scraped. This technical verification strengthens the media companies’ legal positions. What Does This Mean for the Future of AI and Media? The outcome of this copyright infringement lawsuit could have profound implications for both artificial intelligence development and journalism economics. The Times is asking the courts to make Perplexity pay for the alleged harm and ban the startup from continuing to use its content. However, the newspaper has shown willingness to work with AI companies that properly compensate for content, having struck a multiyear deal with Amazon earlier this year. Several other publishers have established licensing agreements with AI firms: OpenAI has deals with Associated Press, Axel Springer, Vox Media, and The Atlantic Other media companies are negotiating similar arrangements The industry appears to be moving toward structured licensing models Frequently Asked Questions What companies are involved in this lawsuit? The primary parties are The New York Times and Perplexity AI . Other companies mentioned include OpenAI , Microsoft , Anthropic , and various media outlets. What is retrieval-augmented generation? Retrieval-augmented generation (RAG) is an AI technique that allows systems to retrieve information from external sources and incorporate it into generated responses, which is central to the copyright infringement claims. Has The New York Times sued other AI companies? Yes, The Times is also suing OpenAI and Microsoft in a separate case involving similar copyright infringement allegations regarding AI training data. What outcome is The New York Times seeking? The newspaper wants financial compensation for alleged damages and a court order preventing Perplexity from using its content without proper licensing agreements. Are there precedents for these types of cases? Yes, the Anthropic settlement of $1.5 billion and ongoing cases against OpenAI are establishing important legal precedents for AI copyright infringement cases. This legal confrontation represents a pivotal moment in the relationship between artificial intelligence and traditional media. As AI companies continue to develop sophisticated content-generation capabilities, and media organizations fight to protect their intellectual property and revenue streams, the outcomes of cases like this will shape the future of information consumption and creation. The New York Times lawsuit against Perplexity isn’t just about one company’s practices—it’s about establishing the rules that will govern how AI interacts with human-created content for years to come. To learn more about the latest developments in artificial intelligence legal battles and industry trends, explore our comprehensive coverage on key developments shaping AI regulation and media relationships. This post Copyright Infringement Showdown: New York Times Escalates Legal War Against Perplexity AI first appeared on BitcoinWorld .