Panama City is to become the first-ever municipality in Panama to accept digital assets for service transactions. The capital city (that's already cherished as a banking hub) is reportedly gearing up to launch a new payment system.
In a surprising move, Bitcoin has taken a different course as it moved away from US stock trends this week. This could be a sign that the once-strong link between crypto and equities may be fading. Gold has already started moving independently and setting records. Notably, it has set 12 new daily records this year.
Over the past two weeks, Bitcoin has faced steady selling pressure. Between April 5 and 8 alone, the BTC market has slipped by no fewer than 9.01%. Currently, the Bitcoin price sits at just 2.48% above where it was at the start of this month.
There has been a surprising on-chain movement that has got crypto observers paying attention. A total of 600 BTC - worth about $50,603,597 - was transferred to Binance in one go, and the community wondered where it came from and what it is all about.
Massive Bitcoin withdrawals worth hundreds of millions of USD from major exchanges have sparked significant interest in the crypto community.
Bitcoin edged higher on Thursday morning, recovering slightly after a sharp midweek sell-off triggered by comments from Federal Reserve chair Jerome Powell. Speaking in Chicago, Powell warned that President Trump's sweeping tariff hikes could push up inflation while dampening economic growth -raising fears of stagflation.
Cryptocurrency exchange Binance is involved in discussions on establishing strategic digital asset reserves with several countries worldwide, its CEO, Richard Teng, reportedly said.Binance has been advising multiple governments on establishing strategic Bitcoin (BTC) reserves and formulating crypto asset regulations, Teng said in an interview with the Financial Times on April 17. “We have actually received quite a number of approaches by a few governments and sovereign wealth funds on the establishment of their own crypto reserves,” Teng told the FT.
Bitcoin (BTC) rose 2% in the past 24 hours to trade near $84,500 on Thursday morning in Asia, recovering from a prior dip sparked by Federal Reserve Chair Jerome Powells comments delaying expectations for early interest rate cuts. The broader crypto market followed suit as investors assess the inflationary risks and potential economic slowdown from new U.S. tariffs, raising fears of stagflation.
In March, publicly traded mining companies sold more than 40% of their newly mined bitcoin, marking the largest monthly liquidation since October 2024. This trend breaks with the accumulation strategy observed after the last halving.
Former US Securities and Exchange Commission (SEC) Chair Gary Gensler has stated that Bitcoin (BTC) could continue to exist and thrive for a long time.
Panama City will accept Bitcoin, Ether and stablecoins for taxes and fees, joining Colorado, Lugano and other crypto-friendly jurisdictions.
Bitcoin (BTC) has a new gold-inspired $155,000 target, as analysis describes both assets as “remarkably impressive.”In a post on X on April 16, popular trading and analytics account Cryptollica predicted BTC/USD copying gold to hit new all-time highs next.
Israel Englander‘s Millennium Management purchased Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) exchange-traded funds in the fourth quarter, according to a February 14 13F-HR filing with the U.S. Securities and Exchange Commission, but these investments have significantly declined in value. What Happened: The $75 billion hedge fund acquired positions in the Grayscale Bitcoin Mini Trust ETF and the Grayscale Ethereum Mini Trust ETF, which have both suffered substantial losses as of Wednesday.
Project Eleven offers 1 BTC prize to anyone who can crack Bitcoin's cryptographic keys using quantum computing, highlighting future security concerns.
HYPE is the other notable gainer from the mid- and larger-cap alts.
Bitcoin has experienced significant difficulty in surpassing the $85,000 mark this week, and its price remains stagnant below this key resistance.
In a recently published post on the X social media network, the Dogecoin team opposed the recent tweet by Michael Saylor in which he shared his Bitcoin vision, comparing BTC to chess.
According to a crypto expert, Bitcoin could revolutionize U.S. Treasury bonds. In this article, we explain how.
Auradine, a maker of computing equipment for bitcoin (BTC) mining and AI applications, said it raised $153 million in a Series C funding round.
Data shows the Bitcoin sentiment is currently not far from the extreme fear region, something that could be positive for the asset's recovery. Bitcoin Fear & Greed Index Is Deep Into The Fear Zone The “Fear & Greed Index” is an indicator made by Alternative that tells us about the average sentiment present among the traders in the Bitcoin and wider cryptocurrency markets.
U.S. spot bitcoin ETFs saw $169.9 million in net outflows on Wednesday — breaking a two-day run of inflows.
A critical security vulnerability is raising alarms in the crypto community, particularly affecting Bitcoin wallets that rely on the China ESP32 chip.
Babylon Labs saw an outflow of non-custodial staking, with 14,929 BTC sent to external addresses.
President Donald Trump's trade war has introduced significant volatility to financial markets since March, prompting investors to chase assets they believe provide a hedge in this turbulent environment.
With a pessimistic new forecast, Peter Schiff, a longtime opponent of Bitcoin and supporter of gold, has stirred up controversy in the financial community. According to Schiff's most recent comments, Bitcoin pumpers and their "paid shills" on CNBC are making a big deal about Bitcoin's resiliency, as it has not dropped as much as the NASDAQ lately.
Wednesday's price action between bitcoin (BTC) and U.S. equities caught investors' attention highlighting early signs of a fading correlation between the two.
As global trade tensions intensify under aggressive tariff policies, investors are reevaluating traditional financial assets. Bitcoin, which was once seen as a volatile digital experiment, is now emerging as a potential hedge against inflation, currency devaluation, and economic uncertainty.
Bitcoin trades below $85,000 in consolidation phase as traders aim to recapture the $90,000 level amid mixed Fed signals and steady institutional adoption. Informational Title Op
On-chain data shows the US-based exchanges have seen a reversal in their Bitcoin volume dominance. Here's what this trend led to last time.
Bhutan, the Himalayan Kingdom which is known for valuing happiness over money, is now exploring ways to mining green cryptocurrency using clean hydropower. It also views blockchain as a new path to boost the economy and create new jobs.
Once at the center of major enforcement actions, Binance now appears to be advising countries on creating strategic crypto reserves.
Bitcoin's upward momentum appears to be slowing down following a recovery phase earlier this week. After climbing close to $86,000, BTC has retraced slightly, hovering just above the $84,000 mark at the time of writing.
Matt Hougan, the chief investment officer (CIO) of crypto asset management firm Bitwise, is highlighting a factor that could be bullish for Bitcoin (BTC).
Bitcoin dipped 1.5% to $83,700 during remarks by Federal Reserve Chair Jerome Powell at the Economic Club of Chicago on Wednesday.
The Bitcoin Policy Institute has suggested that Bitcoin could reach a price of $1 million if the U.S. government were to purchase 1 million BTC.
Bitcoin Core v29 has just been released, signaling the resolution of a debate within the Bitcoin community that stretches all the way back to the days when Satoshi Nakamoto was still actively discussing new ideas on Bitcointalk. The announcement arrived with a statement in the release notes explaining that, starting with v28.
Despite continued price volatility around the $85,000 mark, sentiment toward Bitcoin on social media has turned bullish, according to analytics platform Santiment. The post Bitcoin Sentiment Turns Bullish as Price Hovers Near $85K: Santiment appeared first on Cryptonews.
Project Eleven, a quantum computing research and advocacy firm, has launched the Q-Day Prize, a global competition offering 1 bitcoin (BTC) to the first team able to break an elliptic curve cryptographic (ECC) key, the cryptography which secures the Bitcoin network, using Shor's algorithm on a quantum computer.
April 17, 2025 06:53:17 UTC XRP Price Jumps 20% Amid Lawsuit's Final Phase Ripple's decade-long legal battle with the SEC is nearing its end, but a crucial step remains. Ripple seeks an “indicative ruling” from Judge Torres to resume private XRP sales, which is vital for a future IPO.
A financial analyst has publicly criticized the use of global M2 money supply data to predict Bitcoin (BTC) price movements, calling such analyses mathematically unsound and misleading.
According to industry data, fifteen miners collectively sold over 40% of the Bitcoin they produced last month. The move signals a clear shift away from the recent HODL trend.
Crypto markets steadily rose in Asian morning hours Thursday after a sell-off the night before as Fed chair Jerome Powell dashed hopes of early rate cuts as global markets reel from the impact of newly-levied U.S. tariffs.
Lately, there has been a huge sell-off in Bitcoin amid the uncertain macro environment and fears of a trade war driven by Trump tariffs. But who are these selling the Bitcoins? Is it the institutions, whales or the retailers dumping it? Lets find out.
Bhutan is contemplating the use of its hydropower resources for Bitcoin (CRYPTO: BTC) mining to stimulate its economy without compromising its environmental goals. What Happened: In an interview with Reuters on Tuesday, Ujjwal Deep Dahal, CEO of Bhutan's sovereign wealth fund, Druk Holding and Investments Ltd.
The tone of Bitcoin-related social media posts has flipped to bullish according to crypto analytics platform Santiment, despite Bitcoin continuing to swing around $85,000.“Traders are showing optimism that BTC can regain $90K, which will likely be dependent on tariff and global economy news as the week progresses,” Santiment said in an April 16 X post.
If the United States bought 1 million BTC, the price of bitcoin could reach 1 million dollars. A strategic reserve that would disrupt the global economy and reinvent financial assets.
Semler Scientific is looking to raise $500 million in new securities after settling a large case with the Department of Justice, according to company filings. The health care technology company will use some of the money to expand its crypto holdings, which are already in excess of 3,000 coins.
Bitcoin hovers near $84.4K as Binance traders quietly flip bullish. A breakout above $85.5K could trigger $637M in short liquidations. Here's what to watch. The post Bitcoin Traders Suddenly Turn Bullish on Binance – What Are They Seeing That You're Not? appeared first on Cryptonews.