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U.S. President Donald Trump escalated tariffs on China to 104%, shaking global markets. Bitcoin dropped over 3% alongside declines in the Nasdaq, S&P, and Dow, as investors reacted to mounting economic pressure. The post White House to Increase Tariffs on China by 104%, BTC Down 3% appeared first on Cryptonews.
The executive power in Moscow has imposed a total ban on crypto mining in parts of Irkutsk oblast. With its cheap energy, the Siberian region, sometimes called “the mining capital of Russia,” has attracted a significant number of miners in the past few years.
Crypto and equities traders were hopeful for a last-minute solution that would prevent the US from enacting 104% tariffs on Chinese goods entering the United States, but in a press conference, the White House confirmed that the tariffs would start on April 9. Markets deteriorated when Peter Navarro, trade adviser to US President Donald Trump, stated that tariffs were “not a negotiation.
Sats Terminal, a Bitcoin-native decentralized finance (DeFi) aggregation protocol, has raised $1.7 million in pre-seed funding to streamline fragmented services across the Bitcoin ecosystem. Sats Terminal Secures $1.7M The funding round, announced April 8, was co-led by Coinbase Ventures and Draper Associates, with participation from Draper Dragon, BitcoinFi Accelerator, and others.
Bitcoin Magazine Kraken Partners with Mastercard to Bring Bitcoin Payments to Over 150 Million Merchants Kraken teams up with Mastercard to launch crypto payment solutions in the UK and Europe, enabling customers to spend bitcoin at millions of retailers. This post Kraken Partners with Mastercard to Bring Bitcoin Payments to Over 150 Million Merchants first appeared on Bitcoin Magazine and is written by Nik.
Bitcoin Magazine Bitcoin Core Maintainer Gloria Zhao: Why Mempools Are Important For Censorship Resistance A talk with Bitcoin Core Maintainer Gloria Zhao on the importance of Bitcoin's open and decentralized mempool for its use as a censorship resistant money. This post Bitcoin Core Maintainer Gloria Zhao: Why Mempools Are Important For Censorship Resistance first appeared on Bitcoin Magazine and is written by Shinobi.
CoinShares head of research James Butterfill called the infamous “Bitcoin death cross” indicator “total nonsense,” citing historical data suggesting that these events often precede positive returns rather than prolonged declines. Butterfill made the statement in an April 8 post, one day after Bitcoin (BTC) registered a death cross pattern.
CoinShares head of research James Butterfill called the infamous “Bitcoin death cross” indicator “total nonsense,” citing historical data suggesting that these events often precede positive returns rather than prolonged declines. Butterfill made the statement in an April 8 post, one day after Bitcoin (BTC) registered a death cross pattern.
Arthur Hayes said that Trump's planned tariffs are positive catalysts for the price of Bitcoin (BTC) going forward.
Cboe Global Markets, a premier derivatives and securities exchange network, is preparing to launch the Cboe FTSE Bitcoin Index futures.
Bitcoin's price movement is starting to look positive after a brief stretch of crashes on Sunday and Monday. After breaking down to $74,000 on Monday, bearish momentum looked ready to drag Bitcoin's price down further.
The leading cryptocurrency fell on trade-linked jitters, but it did not hit a five-month low seen the day before.
Ethereum (ETH), the leading altcoin by market capitalization, keeps collapsing against Bitcoin (BTC).
Bitcoin Magazine Support The Victims Of The Myanmar Earthquake With Bitcoin While Myanmar's authoritarian military government is preventing humanitarian aid from reaching the surviving victims of a recent earthquake in the country, your bitcoin donation can help those in need on the ground. This post Support The Victims Of The Myanmar Earthquake With Bitcoin first appeared on Bitcoin Magazine and is written by Frank Corva.
For years, crypto in Africa was synonymous with Bitcoin (BTC). Today, that narrative has flipped, with companies like Yellow Card, a crypto exchange operating in Africa, clearly reflecting this shift.
Bitcoin (BTC) has a new $70,000 reversal target as a leading indicator sets new bull market lows.In X analysis on April 7, popular trader and analyst Rekt Capital predicted that BTC/USD could find its floor near old all-time highs from 2021. History suggests $70,000 should end BTC price dip Bitcoin can dip as low as $70,000 before recovering and still keep within historical norms, Rekt Capital says.
With US President Donald Trump imposing 104% tariffs on Chinese imports, Beijing is responding by letting the yuan weaken against the dollar — a move that analysts say could spark the next leg of the Bitcoin bull market.On April 8, the yuan-to-US dollar exchange rate fell to its lowest level since 2023, signaling the Chinese central bank's readiness to let its currency fluctuate more freely. The US dollar-to-yuan exchange rate on April 8.
With US President Donald Trump imposing 104% tariffs on Chinese imports, Beijing is responding by letting the yuan weaken against the dollar — a move that analysts say could spark the next leg of the Bitcoin bull market.On April 8, the yuan-to-US dollar exchange rate fell to its lowest level since 2023, signaling the Chinese central bank's readiness to let its currency fluctuate more freely. The US dollar-to-yuan exchange rate on April 8.
A widely followed crypto analyst says Bitcoin (BTC) may be on the verge of a massive bullish reversal after correcting into the $70,000 range. Closely followed strategist Credible Crypto tells his 466,700 followers on the social media platform X that Bitcoin may be printing a bullish triple-bottom reversal pattern on the four-hour chart.
Robust volatility and bearish pressure have hampered Bitcoin‘s upward momentum, causing the flagship asset to drop significantly to the $74,000 threshold before briefly recovering to $78,000. Large investors have maintained a notable bullish sentiment and buying pressure even as BTC's price experiences constant fluctuations.
"The most bullish 8% drawdown I've ever seen," said Grayscale's Zach Pandl on bitcoin's performance since Liberation Day.
Cryptocurrency markets are down on Tuesday, amid the White House announcing a 104% tariff on Chinese goods, further intensifying fears of a global trade war. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $76,817.60 -2.1% Ethereum (CRYPTO: ETH) $1,465.08 -5.6% Solana (CRYPTO: SOL) $105.02 -0.9% XRP (CRYPTO: XRP) $1.83 -3.3% Dogecoin (CRYPTO: DOGE) $0.1441 -2% Shiba Inu (CRYPTO: SHIB) $0.00001073 -5.2% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 75.8% and daily active addresses growing by 16.2%.
Bitcoin Magazine How to Watch OPNEXT on Bitcoin Magazine's Livestream Tune in April 11th and 12th to watch the livestream of OPNEXT, a developer focused conference happening this weekend at Strategy HQ. This post How to Watch OPNEXT on Bitcoin Magazine's Livestream first appeared on Bitcoin Magazine and is written by William Foxley.
According to cryptocurrency analytics firm Akrham, Strategy, the Virginia-based business intelligence firm that happens to be the biggest corporate holder of Bitcoin, is only 13% away from losing virtually all of its BTC gains.
