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news-imageApril 2, 2025

Bitcoin Enters Accumulation Phase – Spot Selling Fades And Funding Rates Turn Negative

Bitcoin is currently holding above the $81,000 level, but bulls continue to struggle with reclaiming the $86,000 mark — a key resistance that must be broken to signal the start of a meaningful recovery.
Publisher: Bitcoinist
Sentiment: Neutral
BTC

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Negative
cover-imageBitcoin
April 3, 2025

Bitcoin Tumbles After Trump Tariff Bombshell

The leading digital asset fell sharply after Trump's Wednesday tariff announcement and has since been languishing below $82K. BTC Dives as Trump's Tariffs Roil Markets President Donald Trump announced aggressive new U.S. tariffs on more than 100 countries on Wednesday afternoon, sending bitcoin ( BTC) plunging to $81K from yesterday's high of more than $88K.

Negative
cover-imageCoinPedia
April 3, 2025

Why is Bitcoin (BTC) Price Crashing?

After the tariff announcement by United States President Donald Trump, the overall cryptocurrency market witnessed a massive sell-off. Amid this, Bitcoin (BTC), the world's largest cryptocurrency by market cap, sank over 6%, turned bearish, and is now poised for a significant price decline.

Positive
cover-imageBenzinga
April 3, 2025

99% Of Americans Know Bitcoin, But Only 91% Know Dogecoin: Why?

One in five American adults own crypto, with 76% viewing it as having a positive impact on their lives, according to a report conducted by the National Cryptocurrency Association. What Happened: The 2025 State of Crypto Holders Report surveyed 54,000 respondents between late January and early February 2025, showing that 49% of respondents cite increased financial independence as a benefit of cryptocurrency.

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.

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