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news-imageApril 4, 2025

Sygnum Bank Analysts Compare Bitcoin Price Action To Tech Stock, Not Digital Gold

Bitcoin's recent market behavior is drawing comparisons to high-growth tech stocks rather than to traditional safe-haven assets like gold, according to analysts at Swiss crypto bank Sygnum. The post Sygnum Bank Analysts Compare Bitcoin Price Action To Tech Stock, Not Digital Gold appeared first on Cryptonews.
Publisher: Cryptonews
Sentiment: Neutral
BTC

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Neutral
cover-imageCointelegraph
April 11, 2025

Bitcoin may hit a wall at $84K if bullish conditions don't pick up: CryptoQuant

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.

Positive
cover-imageCointelegraph
April 11, 2025

Bitcoin reserve bills advance in New Hampshire, Florida

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.

Negative
cover-imageBenzinga
April 11, 2025

Bitcoin, Ethereum, Dogecoin Tumble As Trump Ups China Tariffs, Scraps IRS Rule In Nod To Crypto Voters: Rising Yuan Could Boost Altcoins, Says Analyst

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.

Negative
cover-imageCryptoSlate
April 10, 2025

Block Inc faces $40 million fine for lax Bitcoin transactions oversight

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.

Negative
cover-imageCoindesk
April 10, 2025

Trump Slaps 145% Tariffs Against China, Bitcoin Tumbles

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.

Negative
cover-imageCoingape
April 10, 2025

Why Is Bitcoin Price Dropping Today?

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.

Positive
cover-imageCointribune
April 10, 2025

Could Sweden Add Bitcoin To Its National Reserves?

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.

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