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news-imageApril 2, 2025

AVAX To Outperform Bitcoin, Ethereum, Reaching $250 By 2029: Standard Chartered

Avalanche (CRYPTO: AVAX) could deliver the strongest gains among major digital assets in the coming years, according to Geoffrey Kendrick, Head of Digital Assets Research at Standard Chartered. What Happened: In a research note, Kendrick said he expects AVAX to rise tenfold by the end of 2029, outperforming both Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) in relative price growth.
Publisher: Benzinga
Sentiment: Positive
AVAX
BTC

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Positive
cover-imageBitcoin
April 3, 2025

Cango to Offload Chinese Assets for $352M, Eyes Bitcoin Mining Growth

Cango Inc., the 14th-largest publicly listed bitcoin miner by market cap, has entered definitive agreements to sell its China-based operations to Ursalpha Digital Limited for $351.94 million, accelerating its focus on global bitcoin mining. Cango Sheds PRC Operations to Fuel Mining Ambitions Cango's (NYSE: CANG) cash deal includes an initial payment of $210.

Positive
cover-imageBitcoin Magazine
April 3, 2025

Post Wook: Surreal and Immersive Art on Bitcoin & the Future of Digital Expression

Bitcoin Magazine Post Wook: Surreal and Immersive Art on Bitcoin & the Future of Digital Expression Dennis Koch interviews Post Wook, an artist who will showcase her work at the Bitcoin 2025 conference in Las Vegas. This post Post Wook: Surreal and Immersive Art on Bitcoin & the Future of Digital Expression first appeared on Bitcoin Magazine and is written by Dennis Koch.

Positive
cover-imageBenzinga
April 3, 2025

Bitcoin Is A Realistic Global Reserve Asset, Experts Say

A growing number of financial and crypto industry leaders are openly questioning the long-term future of the U.S. dollar as the world's reserve currency—while pointing to Bitcoin (CRYPTO: BTC) as an increasingly credible alternative in a rapidly shifting monetary landscape. What Happened: The debate resurfaced after BlackRock (NASDAQ:BLK) CEO Larry Fink warned that rising U.S. deficits and unsustainable government debt could undermine confidence in the dollar.

Negative
cover-imageBitcoinist
April 3, 2025

Bitcoin At Risk Of Institutional Capture, Warns Jack Dorsey

In a “21 and 21” rapid-fire interview with Haley Berkoe at San Francisco's Presidio Bitcoin workspace, Jack Dorsey—CEO of Block and former Twitter chief—cautioned that BTC's growing popularity among major financial institutions could threaten the open ethos that gave rise to the world's largest cryptocurrency.

Positive
cover-imageBitcoin Magazine
April 3, 2025

Bitcoin Startups Raised Nearly $1.2 Billion

Bitcoin Magazine Bitcoin Startups Raised Nearly $1.2 Billion Bitcoin-native startups have raised nearly $1.2 billion between 2021 and 2024, according to new research from Trammell Venture Partners. Early-stage activity continues to grow despite broader market declines. This post Bitcoin Startups Raised Nearly $1.2 Billion first appeared on Bitcoin Magazine and is written by Vivek Sen Bitcoin.

Negative
cover-imageBenzinga
April 3, 2025

Gold Overtaking Bitcoin In Inflation Hedge Strategy, JPMorgan Says

JPMorgan analysts say investor confidence is shifting away from Bitcoin (CRYPTO: BTC) toward gold, as the precious metal gains momentum as the preferred inflation hedge amid growing economic uncertainty. What Happened: In a recent note led by Nikolaos Panigirtzoglou, the bank's team of strategists pointed to Bitcoin's high volatility and its increasing correlation with equities as weakening its long-touted "digital gold" status, The Block reported on Thursday.

Negative
cover-imageNewsBTC
April 3, 2025

Bitcoin Price Just Crashed 7% On Trump's Tariff Shock

The Bitcoin price plunged by 7.2%—from $88,526 to $82,150—within the span of four hours following the reciprocal tariff announcement by US President Donald Trump on Wednesday. The precipitous drop aligns with a broader market rout set off by what has been described as one of the largest tariff packages in modern US history.

Negative
cover-imageBitcoinist
April 3, 2025

Bitcoin Dominance Could Climb To 64%, Putting Altcoin Recovery In Jeopardy

As the world awaits US President Donald Trump's announcement on proposed retaliatory tariffs later today, crypto markets continue to show signs of uncertainty. In an X post shared earlier today, crypto analyst Rekt Capital emphasized that Bitcoin (BTC) dominance may be poised to rise further, potentially worsening conditions for altcoins, including Ethereum (ETH).

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