Bitcoin prices took a tumble after risk assets suffered widespread declines following U.S. President Donald Trump's latest tariff announcement.

The Babylon Foundation has unveiled an airdrop for its BABY token, rewarding early backers of its Bitcoin-native staking protocol. Babylon Foundation Reveals 10B BABY Token Airdrop The Babylon Foundation, a decentralized finance (defi) protocol focused on the Bitcoin network, has announced plans for its BABY token generation event, which includes an airdrop to early supporters.

Dan Morehead, CEO of Pantera Capital—a firm renowned for its pioneering role in digital asset investments since 2013—has delivered a bold valuation call for Bitcoin. According to Morehead, the world's leading cryptocurrency should be trading above $120,000, potentially even surpassing $126,000, if recent political and regulatory developments were fully reflected in market prices.

Pornhub, the popular adult entertainment website, has added Bitcoin and Litecoin to its payment options. The adult website has been already accepting the cryptocurrency verge (XVG) from 2018.

Bitcoin, which has been exhibiting signs of stabilization after weeks of hesitancy and erratic trading, is currently holding steady at $84,000. The long-awaited tariffs have finally been formally introduced, eliminating a significant layer of uncertainty that had kept markets cautious.

A long-dormant Ethereum wallet inked $8.66 million in profits after selling 5,001 ETH it purchased back in 2017. The crypto tracker Lookonchain notes the address acquired 5,001 Ethereum for $1.38 million in 2017, back when ETH cost only $277.

According to new data from Arkham Intelligence, three major Bitcoin ETF issuers are acquiring huge amounts of BTC today. The ETFs had $220 million in net inflows yesterday, and the issuers are potentially expecting a spike in demand.

The venture capital firm based in Austin, Texas, was founded in 2016 and specializes in early-stage Bitcoin startup investing.

The number of Bitcoin-native startups receiving venture capital investment increased in 2024 despite a decline in the total capital allocated to the sector, according to a new report published by Trammell Venture Partners (TVP). The report highlighted that the number of unique Bitcoin-native companies funded rose 27.

A New York court blocks Genius Group from raising funds or buying Bitcoin, forcing the AI-focused company to liquidate part of its Bitcoin treasury amid ongoing legal and financial challenges. The post New York Court Bans Genius Group from Trading Stocks and Holding Bitcoin appeared first on Cryptonews.

Bitcoin experienced intense volatility yesterday, surging above $88,000 before plunging below $82,000 within hours. The massive swing came as U.S. President Donald Trump announced new tariffs on what he declared “Liberation Day,” sparking fresh fear across global markets.

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

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

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

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.

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.

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.

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.

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.

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

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.

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.