Connect with us

News

Bitcoin falls to lowest level since Trump took office

President Donald Trump has publicly expressed support for the digital currency, yet its price has nonetheless experienced a substantial decline.

Despite having the backing of US President Donald Trump, who has been a vocal supporter of cryptocurrency, the value of Bitcoin has fallen to its lowest point in 16 months.

US flag displayed on a laptop screen and representation of Bitcoin cryptocurrency on 6 November, 2024.

On a recent trading day, the price of a single Bitcoin plummeted to $60,000, or £44,000, marking its lowest value since September 2024, before experiencing a slight rebound.

This downturn follows a prolonged period of surging Bitcoin prices, which culminated in an all-time high of $122,200 in October 2025.

Joshua Chu, co-chair of the Hong Kong Web3 Association, commented to Reuters that investors who took on excessive risk or assumed that prices would only rise are now grappling with the realities of market volatility.

Trump's involvement in the cryptocurrency sector, coupled with his promises to ease regulatory measures, had initially buoyed investor confidence.

As of the latest drop, Bitcoin's price has declined by 32% over the past 12 months, with a trajectory that suggests a return to price levels seen in early 2024 and 2021.

As the world's most well-known and largest cryptocurrency, Bitcoin is a digital-only form of currency that operates independently of central financial institutions.

Data from the Financial Conduct Authority indicates that approximately 8% of adults in the UK invested in cryptocurrency in 2025, representing a four-percentage-point decrease from the previous year.

However, the average amount invested by individuals has increased, with one in five now holding between £1,000 and £5,000 in digital currencies.

Upon returning to the White House in January 2025, one of Trump's initial actions was to issue an executive order aimed at establishing the US as a global hub for cryptocurrency.

During his first year in office, Trump launched a personal cryptocurrency brand, with a significant portion of the profits going to his own companies, and maintained his involvement with World Liberty Financial, a Trump-owned investment vehicle for various crypto assets.

The Trump administration has taken several steps to support the cryptocurrency industry, including signing a law to provide federal backing for cryptocurrency, disbanding a Department of Justice team focused on crypto regulation, and having the Securities and Exchange Commission cease crypto-related enforcement activities.

In November, Democrats on the Senate Judiciary Committee criticized Trump's "pro-crypto agenda," noting that he had amassed crypto holdings worth over $11 billion and earned $800 million from crypto transactions since taking office.

According to analysts at Deutsche Bank, the recent decline in Bitcoin's price was triggered by Trump's nomination of Kevin Warsh as the new chair of the Federal Reserve, who is expected to take a more conservative approach to monetary policy.

Bitcoin prices have been on a downward trend for the past four months, with Deutsche Bank noting a growing sense of negative sentiment surrounding cryptocurrency.

The bank believes that the consistent selling of Bitcoin indicates a decline in interest from traditional investors and a rising pessimism about the crypto market.

While Deutsche Bank does not anticipate the disappearance of cryptocurrency, it does not expect Bitcoin to return to its previous highs, which were driven in part by Trump's support.

The bank suggests that Bitcoin is transitioning from a speculative asset to a more established asset that needs to find its specific role in the market.

William Barhydt, CEO of Abra Capital Management, agrees that the cryptocurrency market is maturing but expects prices to rebound, citing the historical volatility of Bitcoin.

Barhydt stated that he cannot envision a scenario in which prices do not rebound, unless a catastrophic event such as a war were to occur.

Barhydt added that this is not the first time Bitcoin has experienced significant fluctuations in value.

Other prominent cryptocurrencies, such as Ethereum and Solana, have also seen their prices drop by approximately 37% so far in 2026.

According to CoinGecko, which tracks the performance of thousands of cryptocurrencies, the market has lost over $1 trillion in value in the last month and $2 trillion since its peak in October.

Stifel, a US-based investment firm, predicts that Bitcoin prices may drop as low as $38,000, citing a new trend of cryptocurrency prices closely following the US Dollar.

The value of the US Dollar recently hit its lowest point in four years, which may be contributing to the decline in cryptocurrency prices.

News

Keanu Reeves’ John Wick Video Game Revealed at PlayStation Event

The iconic hitman has made previous appearances in games, however, the version developed by Saber will mark the first instance where the character is voiced by Reeves.

A video game adaptation of the John Wick franchise, which has grossed over $1 billion worldwide, is in development, with Keanu Reeves set to lend his likeness and voice to the project.

An in game screenshot of a video game version of Keanu Reeves as the character John Wick. He is wearing a suit and looking at the camera.

The game, currently titled "Untitled John Wick Game", is being developed by Saber Interactive, the studio behind Warhammer 40,000: Space Marine 2, in collaboration with Chad Stahelski, director of the John Wick film series.

A trailer for the game, expected to serve as a prequel to the film series, was unveiled during PlayStation's "State of Play" event on Thursday.

The event also featured announcements for remakes of several major game franchises, including the God of War trilogy, as well as a special 30th-anniversary edition of the classic platformer Rayman.

The John Wick film series, which has earned over $1 billion globally, follows the story of a retired assassin, played by Keanu Reeves, as he seeks vengeance in a world of high-stakes action.

Although the character of John Wick has appeared in games before, this will be the first time Keanu Reeves has provided his voice for the role.

Reeves has previous experience in the gaming industry, having played a key role in the hit game Cyberpunk 2077 as the character Johnny Silverhand.

According to Matthew Karch, CEO of Saber Interactive, the development team is "honored" to be working with Chad Stahelski and Keanu Reeves to bring the John Wick universe to life in a AAA game.

The game's story will be an original narrative designed for mature audiences, featuring a mix of familiar characters from the film series and new ones.

Jenefer Brown, president of global products at Lionsgate, the producer of the John Wick films, expressed the company's goal of capturing the "intense action" and "distinctive fight choreography" that define the franchise.

The reaction to the game's announcement has been largely positive among fans on social media.

However, some fans have expressed concerns about the potential impact on Saber Interactive's other projects, including the long-awaited remake of the classic Star Wars game Knights of the Old Republic.

Christopher Dring, editor-in-chief of The Game Business, believes that the John Wick game is a strong fit for Saber Interactive, given the studio's experience with action-oriented IPs and its ability to release multiple games across various genres.

Dring notes that Saber Interactive operates as a collective of studios working on multiple IPs, allowing it to release a diverse range of games annually.

During the same event, Sony announced that Santa Monica Studios is working on remakes of the first three God of War games, building on one of the platform's most successful franchises.

An in-game screenshot of Silent Hill Townfall. We see the back of a man who is looking at a sign that says "Welcome to St. Amelia".
Konami's trailer for Silent Hill Townfall revealed it is set in St Amelia, a "fictional island inspired by Scotland"

Although a release date for the God of War remakes was not provided, Sony did announce a surprise side-scrolling prequel game, Sons of Sparta, which is available now.

The event also offered a first look at Townfall, the latest installment in the Silent Hill series, set on the fictional island of St. Amelia, which draws inspiration from Scotland.

A 30th-anniversary edition of the classic platformer Rayman was also announced, featuring five versions of the 1995 game, along with a near-immediate release.

Loic Gounon, brand producer for the Rayman games, discussed the anniversary edition with the BBC, highlighting the inclusion of a new documentary that explores the making of the original game, as well as accessibility features designed to enhance the experience for modern players.

To stay up-to-date on the latest tech news and trends, sign up for our Tech Decoded newsletter; international readers can subscribe via an alternative link.

A green promotional banner with black squares and rectangles forming pixels, moving in from the right. The text says: “Tech Decoded: The world’s biggest tech news in your inbox every Monday.”
Continue Reading

News

Tottenham set to appoint temporary boss ahead of permanent summer hire

Tottenham expect to appoint an interim manager to oversee the team for the rest of the season by this weekend, with plans to make a permanent appointment in the summer.

The task of finding a successor to Thomas Frank has fallen to Johan Lange and Vinai Venkatesham, who are overseeing the selection process.

Tottenham Hotspur intends to appoint an interim manager to see out the current season, with a view to making a more permanent appointment during the summer months.

The dismissal of Thomas Frank occurred earlier this week, at a time when the team was five points clear of the relegation zone.

According to sources close to BBC Sport, Tottenham Hotspur is expected to finalize an agreement with an interim manager before the team resumes training on Monday.

Following their early exit from the FA Cup in the third round, Tottenham has a nine-day break before facing Arsenal in the north London derby on February 22.

With no match scheduled for this weekend, the first-team squad has been given a brief break and is set to return to training on Monday.

The club is aware that the mid-season transfer window presents limited options, and it may be more feasible to secure a long-term manager at the end of the campaign.

An in-depth examination of Thomas Frank's tenure reveals the challenges he faced in winning over players and fans.

A closer look at Frank's time at Tottenham highlights the risks involved in his appointment and the ultimate failure of his tenure.

Although the search for an interim manager is still ongoing, the successful candidate will be considered for the permanent position if they perform well in the role.

Former Tottenham manager Mauricio Pochettino is a potential candidate to take the reins on a permanent basis, particularly since his contract with the US men's national team is set to expire after the World Cup this summer.

Another candidate being considered is Roberto De Zerbi, who recently parted ways with French club Marseille by mutual consent.

For the latest news, analysis, and fan perspectives on Tottenham, please refer to our dedicated section.

If you have any questions about Tottenham, feel free to ask and we will do our best to provide you with the information you are looking for.

Continue Reading

News

Aberdeen to unveil new manager soon with Docherty set to take assistant role

Aberdeen has bolstered its interim management team with the return of Tony Docherty, who previously served as an assistant manager, to support Peter Leven, amid anticipation of a permanent appointment announcement that sporting director Lutz Pfannenstiel had indicated would be made “imminently”.

Ross County parted ways with Tony Docherty in December, and he has now taken on a new role.

Aberdeen have brought in former assistant manager Tony Docherty to support Peter Leven's interim management team, despite sporting director Lutz Pfannenstiel indicating that a permanent appointment was imminent.

Docherty's return to Aberdeen comes just a week after Eirik Horneland, a former coach of Rosenborg, Brann, and Saint-Etienne, emerged as a top contender to succeed Jimmy Thelin, who was sacked earlier.

As Aberdeen delays making a full-time appointment, speculation surrounding Eirik Horneland's availability has arisen, with reports suggesting the 50-year-old Norwegian may not be able to take on the role until summer.

Since Jimmy Thelin's dismissal on January 4, Lutz Pfannenstiel has been leading the search for a replacement, and he confirmed that Tony Docherty would be joining the team to assist Peter Leven during the interim period.

Dundee Utd are facing a challenging schedule, with four matches in 14 days set to take place on a weather-affected pitch.

According to Stavrum, Eirik Horneland's coaching style, characterized by intensity, would be a good fit for Aberdeen.

Tony Docherty initially joined Aberdeen in 2013 as part of Derek McInnes' management team and spent eight years at the club.

Before his stint at Aberdeen, Docherty served as McInnes' assistant at Kilmarnock and later managed Dundee and Ross County, but his time at Ross County ended in December when he was let go with the team at the bottom of the Championship.

Lutz Pfannenstiel praised Tony Docherty's experience, stating that he has a deep understanding of the club and will be a valuable asset during the transition period.

Pfannenstiel highlighted Docherty's extensive knowledge of the Scottish Premiership, gained through his experience as both a coach and manager, which will be beneficial to the team in the short term.

The club's managerial search is nearing its conclusion, and an announcement regarding the new head coach is expected soon, according to Pfannenstiel.

Peter Leven, who is serving as caretaker manager for the third time, expressed his enthusiasm for Tony Docherty's appointment.

Leven welcomed Docherty's return, stating that his experience will be a significant boost to the team, particularly during the upcoming matches.

Leven noted that Docherty was eager to join the team and that his presence will provide valuable support during both training sessions and matches.

Eirik Horneland left his position at Saint-Etienne in early February, at which point his team was fourth in France's second tier.

If Aberdeen decides to wait until summer for Horneland to take over, it will be similar to the six-month delay that occurred when Jimmy Thelin joined the club from Elfsborg in the summer of 2024.

For the latest news, analysis, and fan perspectives on Aberdeen, visit our dedicated page.

Continue Reading

Trending