Coinbase Premium rebounds as U.S. traders reenter the market as Bitcoin steadies, with signs pointing to a potential broader crypto breakout.
Binance is reportedly guiding several governments on establishing strategic Bitcoin reserves and developing clear crypto regulations. In an April 17 interview on Financial Times, Binance CEO Richard Teng disclosed that multiple countries have approached the exchange for its expertise in navigating crypto-related initiatives.
TL;DR Babylon recorded the largest withdrawal in its history with 14,929 BTC leaving the protocol, drastically reducing its locked funds. The drop coincided with the launch of Genesis L1 and the debut of the BABY token, which quickly lost value after the end of promotional trading.
Bitcoin holds support near $84.6K as Blockdaemon, Bitwise, and Panama City drive institutional credibility. Traders eye $85.5K breakout for upside targets. The post Bitcoin Holds Strong Near $84.6K— Panama & ETFs Fuel Bulls appeared first on Cryptonews.
Binance is working with governments on Bitcoin reserves and crypto policies as Trump's support for digital assets sparks global interest.
For companies like Luxor Technology, which imports machines from Thailand, the proposed tariff hike could be devastating. The post Trump's Tariffs Threaten U.S. Bitcoin Mining with Up to 36% Import Duties on Asian Machines appeared first on Cryptonews.
The recent study argued Bitcoin mining in the U.S. significantly contributes to cross-state air pollution, impacting 1.9 million Americans.
The crypto market outlook during the Asian session on April 17 showed both resilience and notable volatility. As Bitcoin (BTC) held firm above $84,000 despite external pressures, altcoins like Raydium (RAY) and Hyperliquid (HYPE) posted impressive double-digit gains. Meanwhile, Ethereum (ETH) faced resistance, and MANTRA (OM) struggled to regain momentum.
TL;DR Sideways Trading: Bitcoin continues to consolidate around the $85K mark, fluctuating between $83K and $86K, which may be setting the stage for an imminent breakout. Shifting Sentiment: Santiment's social media sentiment has turned bullish, with scores rising from a neutral 1.606 to a confident 1.973, reflecting renewed optimism among traders.
If this stealthy accumulation continues, BTC could soon push past $88K—and maybe even test $90K.
Bitcoin (BTC) price has been consolidating within a narrow channel between $83,200 and $85,800. According to crypto analyst Titan of Crypto, the top cryptocurrency may soon witness a shift in momentum as the Moving Average Convergence Divergence (MACD) indicator recently flashed a bullish cross.
Lombard Finance, a Bitcoin infrastructure developer, has launched a software development kit (SDK) that allows wallets, exchanges, and other platforms to offer one-click bitcoin (BTC) staking.
The crypto market had a mixed day on Thursday after US Fed Chair Jerome Powell warned that new tariffs could slow economic growth and push inflation higher. Bitcoin went up slightly to $84,312, and Ethereum also gained a bit to $1,596. The overall crypto market cap rose just a little to $2.64 trillion.
Bitcoin's computing power has surged to record levels, even as miners ramp up BTC sales to cope with shrinking profit margins.
Former SEC Chair Gary Gensler stated on Wednesday that Bitcoin (CRYPTO: BTC) is driven almost entirely by sentiment rather than fundamentals. Reflecting on the cryptocurrency market, Gensler cautioned investors about the risks associated with assets lacking solid economic grounding, contrasting Bitcoin with thousands of other tokens.
Despite global macroeconomic headwinds, some assets, including Bitcoin, continue to outperform traditional investments.
By Francisco Rodrigues (All times ET unless indicated otherwise)
JPMorgan says gold is attracting safe-haven demand from ETF and futures investors, while bitcoin is seeing the opposite trend.
Bitcoin staking protocol Babylon saw $1.26 billion in BTC unstaked from its platform, plunging the protocol's total value locked by 32%. On April 17, blockchain analytics firm Lookonchain flagged several addresses that had unstaked 14,929 Bitcoin (BTC) from the staking platform.
As the dollar falters under the blows of trade tensions and macroeconomic doubts, Bitcoin emerges as a bold alternative. Between hopes for a rebound and strategic uncertainties, the cryptocurrency whispers a promise: to rewrite the rules of safe-haven value.
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.
PEPE coin shows signs of a potential breakout with retail accumulation increasing, technical patterns forming, and a possible 796% rally by 2025.
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.