Bitcoin Plunges Below $84K after $115B Sell-Off Wipes Out Weekly Gains

Billionaire investor Elon Musk has sold his social media platform X to his AI startup xAI, sparking controversy as it coincides with a US judge rejecting his bid to dismiss a lawsuit tied to the social media platform. The transfer of ownership of X to xAI on March 28 means that the class-action lawsuit against…

Marathon Digital CEO Fred Thiel (CoinDesk “First Mover” screenshot) Original Source: Read full article

Bitcoin proponent Mow explains what is happening to BTC at the moment Original Source: Read full article

By Shaurya Malwa Fri, 04 Apr 2025 05:45:54 +0000 (Getty Images) Read full article at CoinDesk

Ether’s (ETH) declining appeal as an investment comes from layer-2’s draining value from the main network and a lack of community pushback on excessive token creation, a crypto venture capitalist says. “The #1 cause of this is greedy Eth L2s siphoning value from the L1 and the social consensus that excess token creation was A-OK,”…