Bitcoin could hover in the low $80,000s in the near term if it fails to break through its next resistance level, CryptoQuant says, while other analysts predict the cryptocurrency will hit a fresh all-time high within the next two months.CryptoQuant analysts said in an April 10 markets report that if Bitcoin (BTC) “continues to rally,” it could hit resistance around the $84,000 price level, but if it breaks through, it could soar before its next resistance level of $96,000. Bitcoin's previous support levels are now resistance “These price levels have acted as price support during this bull cycle but can now act as price resistance if bullish conditions don't continue to improve,” CryptoQuant said in its report.
New Hampshire's House and Florida's House Insurance and Banking Committee have respectively advanced bills allowing their states to create Bitcoin reserves.New Hampshire's House passed its Bitcoin reserve bill, HB302, in a 192-179 vote on April 10 which will now head to the Senate. The state is now the fourth to pass a Bitcoin (BTC) reserve bill through one chamber, joining Arizona, Texas and Oklahoma.
Ripple case pause boosts XRP ETF optimism. Traders eye appeal withdrawal, injunction relief, and macro risk impact.
The cryptocurrency market cap dropped 2.80% in 24 hours to $2.54 trillion following President Donald Trump‘s sweeping tariff announcement, imposing a 145% duty on Chinese imports and a 10% universal tariff on most other goods. Cryptocurrency Gains +/- Price (Recorded at 9.47 p.m.
Bitcoin price started a fresh increase above the $80,000 zone. BTC is now correcting gains and might struggle to stay above the $79,500 support.
Silk Road founder Ross Ulbricht will give a speech in Las Vegas next month in his first public appearance since he was pardoned.
Charles Hoskinson, who co-founded Ethereum and now leads the Cardano blockchain, has projected that Bitcoin could reach a price of $250,000 by the end of this year or next year. His prediction, made during a CNBC interview, comes despite the recent slump in the wider financial markets including crypto.
Are we witnessing quiet preparation, or the first tremors of a deeper shakeup?
Bitcoin, Ethereum, and other cryptocurrencies surged after the latest U.S. inflation data showed a smaller-than-expected rise.
Bitcoin surged to $82,700 recently, causing excitement in the crypto market.
Charles Hoskinson, founder of Cardano, has predicted that Bitcoin could reach $250,000 by the end of this year or next.
On April 8, Bitcoin's net unrealized loss (NUP) ratio spiked to 0.0578, the highest level since November 2023. Meanwhile, the net unrealized profit/loss ratio dropped to 0.4253 on the same day, its lowest point since September 2024.
Pakistan plans to use its excess electricity to power Bitcoin mining farms and AI data centers, turning wasted energy into valuable digital assets like Bitcoin.
Bitcoin is currently trading at $79,150, showing a modest 1.8% gain in the last 24 hours, although it remains down about 4% over the past week.
The Human Rights Foundation (HRF) launched the Bitcoin Humanitarian Alliance on April 10, forming a coalition of activists, humanitarian organizations, and pro-democracy movements leveraging Bitcoin (BTC) to support civil liberties and deliver aid in financially repressive environments.
MicroStrategy, the largest corporate holder of Bitcoin, has long embodied the boldest institutional bet on the cryptocurrency. Co-founder and chairman Michael Saylor's unwavering belief in Bitcoin has defined the company's strategy for years.
Bitcoin is poised for a major surge as escalating U.S.-China tensions, rising tariffs, and dwindling trust in U.S. debt send investors searching for alternatives.
The second-largest cryptocurrency by market capitalization, Ethereum, is exhibiting warning indicators as it tries to regain stability above crucial support levels. ETH is now trading at about $1,960, having dropped sharply from its peak of about $4,000 earlier in this cycle.
Block Inc., the company behind Cash App and led by Jack Dorsey, has been fined $40 million by the New York Department of Financial Services (NYDFS). The penalty, announced on April 10, stems from widespread lapses in the company's anti-money laundering (AML) and compliance systems related to its virtual currency operations.
An analyst has explained how a break beyond the 200-day moving average (MA) might put Bitcoin on the path to a top around the upper band of this indicator. Bitcoin Mayer Multiple Currently Has Its Upper Band Located At $208,550 In a new post on X, analyst Ali Martinez has discussed the Mayer Multiple of Bitcoin.
The world's largest crypto exchange platform by trading volume is adding support for a new Bitcoin (BTC) staking protocol. In a new announcement, Binance says it will be adding the BTC staking project Babylon (BABY) to its massive suite of digital asset products.
Jack Dorsey said Bitcoin needs payments to scale. Rena Shah, COO of Trust Machines, disagrees.
Michael Saylor, the CEO of the business intelligence company Strategy (formerly MicroStrategy), in his frequent advocacy for Bitcoin, has made another bold claim about the factor fueling Bitcoin's performance in an X post on Thursday.
Before April 9, miners were paying upwards of $3M for chartered flights as they try to outrun the impact of Trump's import levies. Some miners are comparing the tariffs to China's 2021 mining ban.
Matt Hougan declares Bitcoin has transformed from speculative gamble to mature macro asset with institutional backing.
Bitcoin fell below $80,000 Thursday after U.S. President Donald Trump raise tariffs against China to 145%. Plus, crypto friendly Paul Atkins is confirmed as the new chairman of the U.S. Securities and Exchange Commission, and Pakistan seeks to utilize up to 10,000 megawatts of surplus energy for Bitcoin mining.
The “Live Free or Die” state is one step closer to embracing Bitcoin after the House of Representatives passed a reserve bill.
Bitcoin's price stands at $79,630 as of April 10, 2024, with a market capitalization of $1.57 trillion. Over the last 24 hours, bitcoin has traded between $78,424 and $82,401, amassing a strong trading volume of $52.10 billion, reflecting strong participation and volatile market behavior.
With the investment led by Fulgur Ventures and Framework, the firm plans to scale its bitcoin-denominated life insurance and annuity products designed to combat inflation risk.
Peter Schiff, CEO of Euro Pacific Asset Management, has stated that Bitcoin is "losing" against gold.
The Federal Reserve intervened when this crowded trade unwound during the coronavirus pandemic.
After showing flashes of brilliance early in the day, Bitcoin price is now firmly trading under $80K amid fears for a steeper drop. The drop in prices follows the release of US economic job data as Bitcoin (BTC) finds its bearing amid macroeconomic uncertainties.
The leading cryptocurrency couldn't hold above the $80,000 mark on Thursday.
Bitwise CIO Matt Hougan commented that after this tariff issue ends, bitcoin will ultimately be favored in the aftermath. Hougan believes that the endgame of the tariff issue will include a dollar devaluation, which would precede a new reserve system with bitcoin and gold at the forefront.
Twitter founder and cryptocurrency entrepreneur Jack Dorsey publicly called for messenger Signal to integrate bitcoin for peer-to-peer (P2P) payments.
And if Sweden became the next country to integrate Bitcoin into its national reserves? This is the bold question posed by Rickard Nordin, a member of the Swedish Parliament, in a letter addressed to the Minister of Finance, Elisabeth Svantesson.
New data from Glassnode suggests that Bitcoin's MVRV (Market Value to Realized Value) has been higher than Ethereum's for 812 consecutive days. This means that the average BTC investor has accumulated much larger profits than their ETH counterpart since 2023.
Bitcoin's low volatility and Hash Ribbon buy signal hint at the potential for a significant price surge.
A popular crypto strategist is warning that Bitcoin (BTC) is trading at critical levels, signaling a high risk for a deeper correction. Pseudonymous trader Altcoin Sherpa tells his 242,800 followers on the social media platform X that Bitcoin must hold $76,600 as support to remain bullish.
Bitcoin is once again at the center of global market turbulence, experiencing wild price swings as volatility hits both crypto and traditional assets. After a week marked by panic selling and fear, BTC surged over 11% following U.S.
The creator of the smart contract platform Cardano (ADA) says that crypto assets will benefit from Donald Trump's tariff war. In a new interview on CNBC Squawk Box, crypto veteran Charles Hoskinson says that Trump's trade war will ultimately lead to a massive six-figure price tag for Bitcoin (BTC).
U.S. spot Bitcoin ETFs experienced $127.12 million in net outflows on April 9, despite President Trump's announcement of a 90-day pause on new tariffs, which boosted U.S. stocks. The Nasdaq saw its best day since January 2001, but this didn't translate to Bitcoin ETFs, highlighting a disconnect in market reactions. The post Bitcoin ETFs Record $127 Million in Outflows after Trump's Tariff Pause appeared first on Cryptonews.
The crypto market is showing signs of cooling after a sharp rally on Wednesday. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $79,496.69 -3.1% Ethereum (CRYPTO: ETH) $1,516.46 -7.5% Solana (CRYPTO: SOL) $111.13 -6.5% XRP (CRYPTO: XRP) $1.95 -3.6% Dogecoin (CRYPTO: DOGE) $0.1535 -4.1% Shiba Inu (CRYPTO: SHIB) $0.00001155 -2.9% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 30.9% and daily active addresses falling by 2.2%.
As Bitcoin's (BTC) appeal as a treasury asset grows, Casa co-founder and CSO Jameson Lopp assessed that concentrating the amount of BTC on a few custody service providers might pose a systemic risk. Lopp said: “The ‘Bitcoin Corporate Treasury' narrative is a footgun if it's not accompanied by the sovereignty via self custody narrative.
Bitcoin's (BTC) four-year cycle, anchored around its halving events, is widely recognized as a key factor in BTC's year-over-year price growth. Within this larger framework, traders have come to expect distinct phases: accumulation, parabolic rallies, and eventual crashes.
Taking a closer look at Bitcoin's current price action on the weekly timeframe and the critical importance of the $65,000 region in maintaining the bullish market structure.
The trade war initiated by Trump has rattled global markets, and Jack Mallers, the CEO of Strike, posits that bitcoin stands poised to “go nuclear” when additional fiat currency enters circulation. Mallers: Debasement of Currency Will Propel Bitcoin to Unprecedented Heights Major stock indexes slumped between 2.81% and 5.
Bitcoin dropped more than 3% to $79,465.09 on Thursday as financial markets fell apart again, with traders dumping both crypto and stocks after a one-day rally sparked by a temporary tariff pause. According to data from Bloomberg, cryptocurrencies moved in lockstep with U.S.