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.
Amid the ongoing crypto market bloodbath, the Shiba Inu (SHIB) community has continued its token burn strategy, with the team revealing the latest burn activity involving 15,239,220.91 SHIB being removed from circulation.
Shiba Inu price is on a strong bearish trend, with price indicators recording losses in all time frames. The highly popular meme token now threatens to add an additional zero to its value if the current bear run continues for much longer.
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.
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.
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.
Shiba Inu (SHIB -3.79%) is plunging on Thursday. The cryptocurrency lost 4% as of 1:30 p.m.
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.
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.
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.
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.
Dogecoin, Shiba Inu, and PEPE have all crashed today, sparking a bearish sentiment for the foremost meme coins. This price crash occurred following Donald Trump's tariff announcement, which led to a wave of sell-offs in the crypto market.
Bitcoin's $65,000-$71,000 support zone is crucial for stabilizing prices, with long-term investors likely accumulating.
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.
Bitcoin plunged after U.S. President Donald Trump announced a minimum of 10% tariffs of U.S. trading partners, stoking recession fears. Plus stablecoin legislation advances to the U.S. House of Representatives.
The group's director of business development, a speaker at this year's Consensus festival, says bitcoin miners are expanding into bitcoin pooling, hashrate hedging, AI and HPC.
Shiba Inu price continued its downward trend and neared a crucial support level even after Shibarium crossed a major milestone. Shiba Inu (SHIB), the second-biggest meme coin, dropped to $0.
Market analysts say President Donald Trump's newly announced global tariff regime is already reshaping investor sentiment, triggering sharp corrections across risk assets—including crypto. While digital currencies initially showed some resilience, experts caution that they remain exposed to broader macroeconomic shocks.
Gold continued to notably outperform so-called "digital gold."
The index of the 2000 biggest US companies, Russels 2000, is down 6% today while the Nasdaq stock index is down 4.5%.
The cryptocurrency market took a nosedive Thursday, with Bitcoin and its digital cousins feeling the heat after President Donald Trump dropped a surprise tariff bombshell that rattled investors worldwide.
Bitcoin (BTC) hit new monthly lows at the April 3 Wall Street open as US unemployment data added to pressure on risk assets. BTC/USD 4-hour chart.
Dorsey has confirmed the Block is working on brining Bitcoin payments to some of its offerings.
From bitcoin as a capital preservation tool to some targeting a move toward the $70,000 level, here's how traders are reacting to U.S. tariffs.
The US markets are facing one of the biggest crashes, with over 4% loss in the SPX, which is extremely huge. Over $2 trillion has been wiped out of the markets as the Dow lost over 1500 points on the day.
The leading digital asset fell sharply after Trump's Wednesday tariff announcement and has since been languishing below $82K. BTC Dives as Trump's Tariffs Roil Markets President Donald Trump announced aggressive new U.S. tariffs on more than 100 countries on Wednesday afternoon, sending bitcoin ( BTC) plunging to $81K from yesterday's high of more than $88K.
Prominent crypto trader Tony “The Bull” hinted that Bitcoin is on the verge of forming a “Death Cross,” a signal that often worries traders. This pattern occurs when the 50-day moving average drops below the 200-day moving average, often seen as a bearish sign.
Shiba Inu (SHIB) has lost 15.56% of its value amid bearish pressure on the cryptocurrency market. The dog-themed meme coin risks adding another zero to its value if the downturn lingers for long.
After the tariff announcement by United States President Donald Trump, the overall cryptocurrency market witnessed a massive sell-off. Amid this, Bitcoin (BTC), the world's largest cryptocurrency by market cap, sank over 6%, turned bearish, and is now poised for a significant price decline.
Despite SHIB's price decline, certain cohort of holders have demonstrated resilience and long-term belief in the asset.
SHIB is heating up again! Is this your last chance to buy before a big breakout?