Crypto News

Bitcoin is facing significant price pressure with its $80K support level undergoing 3 major market tests while critics like Peter Schiff warn it could decline further to $75K, and this weakness is reflected in Bitcoin ETFs losing $138M in recent outflows. Meanwhile, the broader crypto ecosystem continues to develop with initiatives like Russia surpassing 270,000 Digital Ruble accounts and the ECB viewing a digital euro as crucial for EU sovereignty, though some major corporations including Wells Fargo and Cisco are objecting to tokenized stocks. On a lighter note, security concerns have emerged around hardware wallets with reports questioning the safety of cold storage solutions from manufacturers like Ledger and Coldcard.