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news-imageApril 6, 2025

Ripple's Crypto Warning, Circle's IPO Ambitions, And Bitcoin's Anticipated Surge: This Week In Crypto

The past week was a whirlwind of activity in the cryptocurrency world. From Ripple's concerns about the UK's crypto regulation to Circle's renewed public listing ambitions, and the anticipated Bitcoin price surge, there was no shortage of intriguing developments.
Publisher: Benzinga
Sentiment: Neutral
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Negative
cover-imageCrypto Economy
April 7, 2025

Saylor's Strategy Avoids BTC Purchase Despite Price Dip

TL;DR Strategy halted its BTC purchases after a market-wide drop, despite being the largest publicly traded corporate holder of BTC. Between March 31 and April 6, Bitcoin surpassed $87,000 before falling below $79,000 amid high volatility. The company reported an unrealized loss of $5.91 billion, partially offset by an estimated tax benefit of $1.69 billion.

Positive
cover-imageCointelegraph
April 7, 2025

Metaplanet repays 2B yen bonds early, CEO comments on BTC ‘down days'

Metaplanet, a Japanese hotel manager turned Bitcoin treasury company, has fully repaid 2 billion yen ($13.5 million) worth of bonds ahead of schedule as it seeks to shore up its financial position.Metaplanet conducted an early redemption of its 9th Series of Ordinary Bonds on April 4, more than five months before the maturity date, the company disclosed on April 7. The zero-interest bonds were issued in March through Metaplanet's Evo Fund and used to acquire additional Bitcoin (BTC).

Negative
cover-imageCointelegraph
April 7, 2025

Hodlers on edge: Trump's tariffs shake Bitcoin, but some are buying the dip

Bitcoin holders are facing renewed pressure following US President Donald Trump's trade tariff announcement, which sent shockwaves through global financial markets, including cryptocurrencies.However, with Bitcoin (BTC) hodlers now under pressure, some community members, including BitMEX co-founder Arthur Hayes, are not missing a chance to buy BTC at a discount. “Been nibbling on BTC all day, and shall continue,” Hayes wrote on X on April 7 as the Bitcoin price hovered around $75,000.

Negative
cover-imageBitcoinist
April 7, 2025

Crypto CEO Reveals Why The Bitcoin Bull Market Is Over With Crash Below $80,000

As Bitcoin (BTC) struggles to reclaim its all-time high after a price crash below the critical $80,000 mark, concerns about the cryptocurrency's future outlook have intensified. Ki Young Ju, the founder and Chief Executive Officer (CEO) of CryptoQuant, has stepped forward with an on-chain backed explanation, arguing that the Bitcoin bull market has officially ended.

Negative
cover-imageBenzinga
April 7, 2025

Bitcoin, Ethereum, XRP Drowning In Tariff Tsunami: 'Fall To $50,000' Possible, Expert Warns

As markets reel from the escalating trade war sparked by U.S. President Donald Trump's sweeping tariffs, crypto analysts and industry leaders are warning that the turbulence may reshape the digital asset landscape—well beyond the current sell-off. What Happened: More than $800 million in Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) liquidations have occurred in just the past 24 hours, according to data cited by QCP Capital, as Bitcoin briefly dropped below $75,000 and volatility spiked.

Negative
cover-imageCointribune
April 7, 2025

Bitcoin: Traders Face Record-Breaking Losses

After reaching a new historical record at the beginning of the year, bitcoin recorded a decline of over 15% in the first quarter of 2025. This situation is causing concern among many short-term investors who are leaving the market with significant losses, comparable to those observed during the FTX collapse.

Negative
cover-imageCrypto Economy
April 7, 2025

XRP Market Cap Drops Over $20B — Largest Daily Loss in Months

TL;DR XRP's market cap plunges: Lost over $20B—dropping from $121.81B to $100.28B in just 24 hours as trade volume nearly quadrupled. Regulatory fog fuels panic: SEC's continued silence over the Ripple case stokes uncertainty and deepens bearish sentiment. Bearish technical patterns form: A head-and-shoulders setup suggests the potential for further declines, possibly down to $1.30.

Neutral
cover-imageCointelegraph
April 7, 2025

Michael Saylor's Strategy halts Bitcoin buys despite dip below $87K

Michael Saylor's firm Strategy, the world's largest publicly listed corporate holder of Bitcoin, did not add to its BTC holdings last week as the cryptocurrency's price dipped below $87,000.In a filing with the US Securities and Exchange Commission on April 7, Strategy announced it made no Bitcoin (BTC) purchases during the week of March 31 to April 6. The decision followed a week of heightened market volatility, with BTC surging to as high as $87,000 on April 2 after starting the week at around $82,000, according to data from CoinGecko.

Negative
cover-imageCointribune
April 7, 2025

Bitcoin's Free Fall: 5 Key Factors To Understand The Current Crisis

Bitcoin, often regarded as a safe haven against the volatility of traditional markets, finds itself this week caught in a global storm fueled by trade tensions between the United States and the rest of the world. Following a series of economic shocks, some analysts do not hesitate to compare the current situation to a Black Monday 2.0.

Neutral
cover-imageUToday
April 7, 2025

632 Million XRP: Price Down, Fundamentals Up

Although the price of XRP fell by a startling 7% today, the asset's fundamental strength has been steadily increasing, which could pave the way for a long-term recovery. On-chain data points to a hidden utility surge that might act as a powerful counterbalance to the market's bearish price action despite the fact that market sentiment has recently declined.

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