Where's the bottom for bitcoin (BTC)?

Bitcoin's price moved within a narrow range of $83,524 to $84,156 over the past 60 minutes, reflecting a momentary consolidation. With a market capitalization of $1.66 trillion and a 24-hour trading volume of $25.66 billion, the asset traded within an intraday range from $83,219 to $86,186.

Amid the global efforts to adopt crypto, members of the Riksdag, the Swedish Parliament, are urging the country's finance minister, Elisabeth Svantesson, to evaluate a Bitcoin (BTC) Reserve for Sweden's holdings.

A widely followed analyst and trader is leaning bullish on Bitcoin (BTC) as the flagship crypto asset hovers around 21% below its all-time high. The analyst pseudonymously known as Rekt Capital tells his 108,000 YouTube subscribers that Bitcoin's banana zone, a period when BTC experiences rapid and explosive growth, is still on course.

The cryptocurrency mining machine maker missed a market boom last year, and is ramping up its own bitcoin production just as the sector shows signs of stumbling Key Takeaways: Canaan boosted its bitcoin production by about 10% in March from February after a bitcoin "halving" event last year dampened demand for its mining machines The company's stepped-up mining efforts come as the crypto market enters a new phase of uncertainty created by recent U.S. protectionist policies It's named for the biblical Promised Land, but Canaan Inc. (CAN.US) seems stuck far from paradise these days, even as the crypto market around it boomed last year. The cryptocurrency mining machine maker's fortunes are typically tied to changes in digital asset values, with strong markets typically boosting demand for its products.

Bears have seized the initiative today, according to CoinMarketCap.

According to Galaxy Digital founder and CEO Mike Novogratz, the recent rebound in Bitcoin reflects far more than speculative trading, rather it is a direct response to growing macroeconomic instability and a shift in global financial architecture.

Oklahoma has exited the Bitcoin Reserve Race after the Senate Revenue and Taxation Committee narrowly rejected HB1203, ending the state's bid to invest treasury funds in Bitcoin and other major digital assets. The post Oklahoma Drops Out of Bitcoin Reserve Race as Tax Committee Rejects HB1203 appeared first on Cryptonews.

TL;DR Covert $16B Liquidation: Private firms are facilitating a covert sell-off of $16 billion in seized Bitcoin, even as China maintains its strict crypto ban. Secret Sales Mechanism: Local authorities use private intermediaries, crypto mixers, and discreet exchanges to convert Bitcoin into cash without public scrutiny.

Auradine's Series C funding round includes $138 million in equity and $15 million in venture debt, CEO Rajiv Khemani told The Block.

Cryptocurrency prices have dropped sharply in the past 24 hours. Investors pulled out of risky assets due to the rising tensions between the US-China trade war.

Welcome to the US Morning Crypto News Briefing—your essential rundown of the most important developments in crypto for the day ahead.

The crypto market tanked over the past 24 hours, with the market cap declining almost 3% to $2.63 trillion as bearish sentiment returned. Bitcoin (BTC) peaked at a local high of $86,397 before investors began booking profits.

China could inadvertently spark a Bitcoin (BTC) price crash as reports emerge that local governments are offloading their stash of seized assets despite a nationwide cryptocurrency trading ban.

Bitcoin ETFs added $76.42 million in net inflows on Tuesday, April 15, extending their rebound for a second day with support from five major funds. Meanwhile, ether ETFs remained under pressure, posting $14.18 million in outflows led by Grayscale's ETHE.

Bitcoin remains elevated, but futures market sentiment weakens, thereby indicating increased fear and caution.

The market sentiments have been varying ever since Bitcoin price volatility seems to have choked up. After the recovery, no specific price movement has been observed, which could have raised concerns among the market participants and also among the bulls.

The proposal? Let the U.S. government issue bonds backed by Bitcoin to help refinance its massive $14 trillion debt.

Just as Bitcoin (BTC) goes through a stressful trading day, Michael Saylor has stepped into the spotlight — without saying much, yet enough. In a new post today, the Strategy CEO shared an AI-generated photo of himself at a chessboard, captioned simply: "Bitcoin is Chess.

Matthew Sigel, head of research at VanEck, has introduced a new idea that mixes Bitcoin BTC with US government bonds.

A digital asset analyst has pointed to bullish Bitcoin (BTC) on-chain metrics amid recent market uncertainty. Huge institutional inflows coupled with a drop in exchange reserves show that Bitcoin's price holds greater value when compared to previous cycles.

In the latest installment of the “Bitcoin Policy Hour,” a weekly podcast produced by the nonprofit Bitcoin Policy Institute (BPI), leading members of the organization discussed how a single policy decision by the United States government might catapult the price of Bitcoin to extraordinary new highs. According to Executive Director Matthew Pines, the world's monetary framework has remained largely the same since 1973, when the global financial system pivoted away from a full gold standard.

A crypto whale has transferred 3,704 Bitcoin (BTC) from Kraken worth approximately $315 million. This follows a string of whale purchases in the last 48 hours as crypto prices gain traction.

On-chain data shows exchanges have seen a massive amount of Bitcoin outflows during the past day, a sign that could be bullish for BTC's price.

Pi Network (PI) could be on the recovery path alongside Bitcoin (BTC), with past $1 highs now back in focus as early as this week. The post Can Pi Network Hit $1 This Week? Bitcoin's Strength Might Be the Key appeared first on Cryptonews.

Bitcoin's price seems to be steadily rising during today's session, but there is some pressure building just above the current levels.

As China tightens its grip on crypto-related activity, local authorities are reportedly struggling to handle one particular issue: what to do with the growing stockpile of digital assets seized from criminal cases.

As global financial markets absorb the impact of renewed trade tensions and rising interest rates, QCP Capital notes a critical shift in the Federal Reserve's focus away from inflation and toward recession risk. What Happened: In its commentary published on Wednesday, the Singapore-based trading firm said signs of a Fed pivot are emerging, yet Bitcoin (CRYPTO: BTC) has failed to behave like a safe-haven asset in this evolving macro landscape.

A recent Reuters report reveals that China holds 15,000 bitcoin ( BTC) confiscated through criminal investigations. However, officials are currently entangled in deliberations over how to handle these digital assets, as cryptocurrency trading remains prohibited in the country.

TL;DR Bitcoin Pulls Back: Bitcoin dips below $84K from a recent peak near $84,200, with the broader crypto market contracting by about 2.2% in the last 24 hours.

This is a daily technical analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole.

VanEck's head of research has pitched a new type of US Treasury bond partially backed by Bitcoin to help refinance $14 trillion in US debt.Matthew Sigel pitched the concept of “BitBonds” — US Treasury bonds with exposure to Bitcoin (BTC) — at the Strategic Bitcoin Reserve Summit 2025 on April 15. The new 10-year bonds would be composed of 90% US traditional debt and 10% BTC exposure, Sigel said, appealing to both the US Treasury and global investors.

The Bitcoin open interest has remained on the high side despite the price declines, suggesting that interest in the leading cryptocurrency by market cap remains abundant. This interest is no doubt a good thing for the crypto market, especially in the long-term.

Bitcoin's (CRYPTO: BTC) continued dominance over the crypto market is setting the stage for a potential rally to new highs, with traders eyeing $93,000 in the near term. What Happened: In a podcast published on Tuesday, crypto analyst Benjamin Cowen emphasized that Bitcoin dominance is surging, breaking out of a multi-year wedge and currently sitting at 63.08%, or nearly 69% excluding stablecoins.

Chinese local governments are selling seized cryptocurrency through private firms to boost finances, despite the country's ban on crypto trading.

TL;DR Hybrid Financing Innovation: VanEck introduces BitBonds—a 10-year debt instrument combining 90% U.S. Treasury bonds with 10% Bitcoin exposure—to tackle the U.S. government's $14 trillion refinancing need. Investor Upside with Controlled Risk: VanEck's BitBonds offers investors shared gains if Bitcoin's performance drives yields above a 4.5% cap, while the Treasury component helps mitigate downside risks.

China has its sights on a mass sale of a cache of Bitcoins confiscated from illicit activities, threatening to sink prices in the short term. Chinese authorities are sitting on 15,000 Bitcoin, sparking debates over the handling of seized cryptocurrencies.

An analyst at a prominent global investment firm thinks Bitcoin (BTC) could surge to $180,000 in the second half of 2025. Matthew Sigel, the head of digital assets research at VanEck, says in a new interview with David Lin that his target is based on an analysis of previous BTC cycles.

Oklahoma has officially exited the race to establish a Strategic Bitcoin Reserve (SBR) after a key bill failed to advance in the State Senate. On April 15, the Oklahoma Senate Revenue and Taxation Committee voted 6-5 to strike down House Bill 1203, also known as the Strategic Bitcoin Reserve Act.

A Bitcoin Policy Institute (BPI) executive floated a $1 million Bitcoin price scenario if the United States were to buy 1 million BTC. In a Bitcoin Magazine podcast, Zach Shapiro, the head of policy for the Bitcoin-focused BPI think tank, said that a 1 million Bitcoin (BTC) purchase by the US would have a massive impact on the price of the asset.

Gold prices have surpassed $3,300 per ounce, setting a historic high as global markets face heightened volatility.

Antpool transferred over 2,009 Bitcoin to unknown wallets, raising concerns about potential miner selling pressure.

By Francisco Rodrigues (All times ET unless indicated otherwise)

Bitcoin miners are ramping up sales, adding pressure to prices, while large investors remain hesitant amid ongoing bearish conditions.

A Bitcoin whale that was in hibernation for two years has come back to life and immediately went to buy some BTC.

Semler Scientific plans to buy more Bitcoins with its $500 million offering. The healthcare tech firm also disclosed a $30 million settlement with the US DOJ.

Semler Scientific, a healthcare technology firm, has reported significant paper losses on its Bitcoin investments, amounting to approximately $41.8 million since Dec. 31, 2022.

While uncertainty reigns in the markets and regulators tighten the noose, BlackRock continues its crypto strategy without faltering. The American asset manager has just injected an additional 37 million dollars into bitcoin through its IBIT fund.