Barstool Sports founder Dave Portnoy questioned why Bitcoin, an asset trumpeted as independent from financial systems, was tracking stocks.

Solana (SOL) is under heavy pressure, with its price down more than 10% in the last 24 hours as bearish momentum intensifies across key indicators. The Ichimoku Cloud, BBTrend, and price structure all point to continued downside risk, with SOL now hovering dangerously close to critical support levels.

Solana's price action is dividing opinion on the internet as investors and analysts alike have opposite views on this token. Some call for $200 while others feel it's time to break the $100 barrier and reach $80.

Bitcoin has been rocked by Trump's tariffs, but head researchers from Bitwise and Standard Chartered, and others remain upbeat about the asset.

The SEC acknowledging such a filing typically means it will then be published in the Federal Register, initiating the approval process.

Babylon's BABY token will be airdropped to Bitcoin stakers and other groups with the launch of the Babylon Genesis network.

Cardano Foundation has launched Veridian, a decentralized digital identity platform aimed at reshaping how personal and organizational data is managed and secured. Designed as an open-source service, Veridian establishes users as data owners, thereby attempting to alter the global trend of centralized verification.

Cryptocurrency markets are trading lower on Thursday, following a significant decline in traditional financial markets. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $82,025.41 -5.1% Ethereum (CRYPTO: ETH) $1,785.61 -6.5% Solana (CRYPTO: SOL) $115.31 -11.7% XRP (CRYPTO: XRP) $2.05 -4.6% Dogecoin (CRYPTO: DOGE) $0.1587 -8.5% Shiba Inu (CRYPTO: SHIB) $0.00001221 -3.6% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 7.5% and daily active addresses falling by 6%.

Alabama lawmakers have introduced a bill to allow the state investment in Bitcoin (BTC). This follows a string of similar legislations from other states since President Donald Trump's inauguration.

Over time, Ethereum, the second-largest crypto asset and largest altcoin, has often spearheaded an Altcoin Season due to its significant performance after the market shifts from a Bitcoin season to an altcoin season in each bull market cycle.

Bitcoin is facing a crucial test as it struggles to break above key resistance levels while holding just above critical support. The market remains stuck in a tight range, reflecting growing indecisiveness among traders and investors.

A widely followed crypto analyst says that Bitcoin (BTC) appears primed to move a leg up as its technical indicators remain bullish despite its most recent downtrend.

Shanghai-based Cango has signed definitive agreements to sell its China operations for $351.94 million in cash, marking a strategic shift towards cryptocurrency mining. Ursalpha Digital Limited, a British Virgin Islands-registered entity, will acquire Cango's PRC business.

On April 3, yields on long-term US government debt fell to their lowest levels in six months as investors reacted to growing concerns over the global trade war and the weakening of the US dollar. The yield on the 10-year Treasury note briefly touched 4.0%, down from 4.4% a week earlier, signaling strong demand from buyers.

On today's show, major cryptocurrencies and crypto-focused stocks were under pressure after President Trump's big tariffs reveal jolted the stock market. Plus, the House Financial Services Committee voted in favor the STABLE Act, a bill aimed at creating a regulatory framework for stablecoins.

Genius Group, a Singapore-based education and technology company, must sell its Bitcoin holdings following a US court order. The decision is part of its legal dispute that has blocked the company from raising funds, issuing shares, or making further Bitcoin purchases.

A former employee of Rippling has alleged he accepted $5,000 in ETH per month to spy on his employer on behalf of its competitor, Deel.

Cardano has made a name for itself as one of the most trusted and sustainable blockchain platforms, using its proof-of-stake consensus and focus on real-world utility to foster innovation across industries. With projects in education, healthcare, and even governance, it's no wonder that Cardano remains a key player in the cryptocurrency landscape.

Technical indicators alongside macro-economic factors are prompting analysts to predict further downward momentum for the SPDR S&P 500 ETF Trust (NYSE:SPY) and Bitcoin (CRYPTO: BTC). What Happened: In a podcast on Thursday, prominen analyst Benjamin Cowen warned that the S&P 500's decline could extend into April, resembling past market downturns that have had ripple effects across both equities and crypto.

Bitcoin whales resumed accumulation for the first time since August 2024, signaling confidence at current price levels, according to Glassnode data. CoinDesk's Christine Lee hosts "Chart of the Day.

The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.

Cardano (ADA -7.72%) is plunging on Thursday. The cryptocurrency lost 8.6% as of 1:50 p.m.

Whale accumulation amid price drops suggests confidence in Ethereum's long-term value, highlighting potential for future market resilience. The post Ethereum whales accumulate 130,000 ETH amid price drop appeared first on Crypto Briefing.

After weeks of constrained price action and consistently lower highs, Cardano (ADA) appears to have finally broken free from its bearish grip. A recent analysis by crypto trader TehThomas on the TradingView platform confirms that ADA has broken out on the 4-hour chart, which may be marking the beginning of a more significant trend reversal.

BNY has announced the expansion of its digital assets platform with the launch of a new tool aimed at delivering both on- and off-chain accounting data to blockchain networks.

Bitcoin continues to hover near the $82,000–$85,000 range as buyers struggle to regain momentum, while key on-chain data hints at interesting underlying dynamics.

The U.S. Securities and Exchange Commission (SEC) has now acknowledged Fidelity's Solana exchange-traded fund (ETF) filing.

Cango, a publicly traded Chinese conglomerate, has agreed to sell its legacy China operations to an entity associated with peer Bitmain in a bid to go all-in on Bitcoin (BTC) mining, according to a report by The Miner Mag. Cango agreed to sell its legacy Chinese auto financing business to Ursalpha Digital Limited in a $352 million deal, according to the report.

SEC acknowledges Fidelitys Solana ETF filing as SOL drops 12% and Paul Atkins advances as SEC Chair nominee. The post SEC acknowledges Fidelity's Solana ETF filing as SOL sinks 12% on Trump tariff shock appeared first on Crypto Briefing.

After overcoming testnet hitches, Ethereum's major Pectra upgrade has been set for early May. Here's what to expect.

The U.S. Securities and Exchange Commission (SEC) has formally acknowledged the filing for Fidelity's spot Solana (SOL) Exchange-Traded Fund (ETF). This marks a key development in the financial industry, as Fidelity seeks to list its Solana ETF on the Cboe BZX Exchange.

The US markets are experiencing one of the massive pullbacks, with major stocks plunging by a huge margin. The crypto markets also heated up, recording more than $500 million in liquidation. The bearish waves rolled out within the markets due to Trump's tariffs impacting the global markets.

Bitcoin (BTC) may be on the verge of entering a bearish trend based on a historic market pattern signal, according to digital asset analytics firm Glassnode. Glassnode says that the one-month and six-month volume-weighted average price (VWAP) metrics are signaling that Bitcoin may enter a months-long downtrend.

Ethereum's core developers have confirmed the Pectra upgrade will launch on the mainnet on May 7, 2025, following a smooth final test on the Hoodi testnet and weeks of coordination to resolve earlier technical issues.

How are the charts looking after this sharp drop? Here's an overview of the most relevant technical signals for Cardano, Ethereum (ETH), and Bitcoin (BTC) charts.

Bitcoin (BTC) and US stock markets all sold off sharply after US President Donald Trump shook up financial markets by announcing a list of reciprocal tariffs on several countries. On April 3, the S&P 500 saw a 4.2% drop at market open, its most significant single-day decline since June 2020.

Genius Group, an AI-driven education company, announced it must sell its Bitcoin holdings after a U.S. court order blocked the company from selling shares, raising funds, or purchasing Bitcoin. The U.S.

Despite the "Death Cross" signal, Bitcoin bulls remain hopeful for a potential rebound.

TL;DR WisdomTree expanded its platform to Arbitrum, Avalanche, Base, and Optimism, enabling investment in more tokenized assets. Investors can trade with US dollars or USDC and store their funds in third-party or self-custodial wallets. The offering includes 13 tokenized funds, covering money market, equity indexes, and fixed income with regulatory backing.

Ethereum developers set May 7 as the most probable date for the Pectra upgrade, combining a total of 11 EIP.

Cryptocurrency traders on social media are debating whether a hypothetical Harris presidency may have been a better long-term outcome for the sector, given the poor performance of cryptocurrencies since President Trump took office. What Happened: Pseudonymous trader Pickle outlined a "what-if" scenario in a post on X on Thursday, comparing how cryptocurrencies would have performed if Kamala Harris had won the presidency.

Crypto analyst Titan of Crypto has provided a bearish outlook for the Bitcoin price, predicting it could drop below $60,000. This comes amid Donald Trump's announcement of reciprocal tariffs, which could trigger this price crash.

In its most recent report, banking giant JPMorgan has noted that Bitcoin's "digital gold" narrative is falling apart due to the high level of correlation between the leading cryptocurrency and U.S. equities.

Ethereum developers have officially announced a new deadline for the upcoming Pectra upgrade. The core developers made the final decision in a recent call after passing the third and last testnet implementation without any problems.

Bitcoin's $65,000-$71,000 support zone is crucial for stabilizing prices, with long-term investors likely accumulating.

The leading altcoin, Ethereum, experienced a challenging month in March, marked by a series of bearish trends that reflected a broader market slowdown.

Ethereum core developers have confirmed that the highly anticipated Pectra upgrade will be deployed on May 7. Nixo Rokish, a member of the Ethereum Foundation's protocol support team, shared the news in an April 3 post on social media, saying: “Pectra mainnet date confirmed May 7.

Market volatility underscores the fragility of global economic stability, with potential long-term impacts on investor confidence and trade relations. The post Bitcoin drops 5% as Trump tariffs stoke trade war, recession fears appeared first on Crypto Briefing.