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With the latest round of global trade policies rolling out, miners are scrambling to import rigs. From China, Malaysia, Thailand, and other regions ahead of the steep costs.
Pakistan plans to use extra electricity for the country's Bitcoin mining and AI data center operations. Former Binance CEO CZ joined as a strategic adviser in the Pakistan Crypto Council.
Legendary trader Peter Brandt has shared a new take on the current state of Bitcoin (BTC) after a wild swing from earlier in the week. On his X account, Brandt said Bitcoin's recent decline is simply a retest of the inverse Heads and Shoulders pattern.
With a notable rise in the Bitcoin price, the market participants seem to have turned hopeful of the upcoming trend. Moreover, the whales have also tuned optimistic, which may have a positive impact on the rally. The crypto markets required a small bullish boost, which seems to have come in the form of tariff relaxations.
Westpac CEO apologizes after freezing customer's $30,000 Bitcoin transfer and accounts for a week, highlighting tensions between banking and crypto investments.
Charles Hoskinson, founder of Cardano and co-creator of Ethereum, told CNBC that Bitcoin could hit $250,000 either by the end of 2025 or possibly even before the year is out.
The tariff war, initiated by President Trump, escalated quickly. However, with a 90-day tariff pause, financial markets recovered swiftly.
As global markets reel from Trump's new “Liberation Day” tariffs and a sudden liquidity crunch, the crypto market is undergoing one of its most severe drawdowns since 2020. While Bitcoin has managed to hold relatively better ground, Ethereum is facing sharper losses.
Despite mounting global trade tensions and economic uncertainty, institutional crypto investment firm Bitwise remains confident in its bold year-end Bitcoin forecast. The post Bitwise Sticks to $200K Bitcoin Price Target Despite Rising Global Tensions appeared first on Cryptonews.
Bitcoin price has bounced back from the lows of under $75,000 and is currently trading 6.08% up above $82,000 levels with 34% surge in daily trading volumes. This comes as President Donald Trump delayed tariff implementation by 90-day on several nations, leading to a sharp 10% upside print in the Nasdaq index.
Bitcoin jumps 7% to $82,000 as Trump pauses tariffs for most nations except China, while the broader crypto market follows suit.
The financial markets experienced one of the most important days of the year yesterday, after President Donald Trump decided to temporarily suspend the increase in tariffs on imports from all countries, except for China, for which the levy was increased to a significant 125%. A move that led to a wave of relief not only in the stock markets but also in the cryptocurrency sector, pushing Bitcoin (BTC) and other major tokens to spectacular bull rallies. The most capitalized cryptocurrency in the market recorded an impressive surge, reaching almost $82,000. This upward move led the entire cryptocurrency market, pushing other digital currencies to double-digit gains. In particular, XRP and Ethereum (ETH) rose by 12%, while Cardano (ADA), Solana (SOL), BNB, and Dogecoin (DOGE) saw an average increase of 10%.
The total crypto market cap is up by over $100 billion daily.
A volume drop of such magnitude suggests traders and investors are losing interest or confidence, possibly due to uncertainty, fear, or waiting for better conditions.
The global financial market got a much-needed relief after U.S. President Donald Trump announced a 90-day pause on import duties for most countries, except China. Following the news, Bitcoin's price shot up by 7% in a single day, reaching $82,000, while other U.S. stocks & mining firms even joined the rally.
Institutional crypto investment firm VanEck has stated that China and Russia are reportedly settling some energy transactions in Bitcoin.
Bitcoin is making headlines not just for its price movement but for what's happening behind the scenes. In the days leading up to the U.S. Consumer Price Index (CPI) release on April 10, crypto investors have moved a huge amount of Bitcoin over 22,000 BTC worth $1.82 billion into Binance.
Cardano founder Charles Hoskinson says Bitcoin could reach $250,000 by this year or next, driven by big tech adoption and clearer crypto regulations. The post Charles Hoskinson Predicts Bitcoin Could Hit $250,000 as Tech Giants Eye Stablecoins appeared first on Cryptonews.
The withdrawals took place even as prices zoomed higher alongside a risk-reset on Wall Street.
The plan is expected to help the country overcome the challenge of having leftover energy amid high electricity tariffs.
Bitcoin spot ETFs recorded another session of outflows on Wednesday, marking the fifth consecutive day of capital withdrawals.
The American markets experienced a spectacular turnaround this Wednesday, April 9, leading to a surge in bitcoin-related stocks. The cause: the 90-day pause on tariffs announced by President Donald Trump.
Crypto community fired back at Schiff, dismissing his gold-first argument.
The US stock market rebounds; the Dow Jones surges 6.7% in a single day as President Trump raises China's tariffs to 125% and pauses tariffs on other countries for 90 days that have reached out to negotiate.
