Barstool Sports founder Dave Portnoy questioned why Bitcoin, an asset trumpeted as independent from financial systems, was tracking stocks.
Standard Chartered has initiated coverage on Avalanche (AVAX) with a bullish long-term outlook, forecasting a 10x price increase by 2029. The move follows growing momentum in the digital asset space as market participants begin reassessing winners in the wake of macroeconomic uncertainty and shifting technology fundamentals.
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.
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.
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.
TL;DR WisdomTree expanded its platform to Arbitrum, Avalanche, Base, and Optimism, enabling investment in more tokenized assets. Investors can trade with US dollars or USDC and store their funds in third-party or self-custodial wallets. The offering includes 13 tokenized funds, covering money market, equity indexes, and fixed income with regulatory backing.
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.
What if one of the largest banking groups bet on an outsider rather than the king of the market? In a report that shakes up certainties, Standard Chartered identifies Avalanche (AVAX) as the token to watch by 2029, with an expected performance surpassing that of bitcoin.
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.
The firm also offers a broader selection of tokenized funds, including equity indexes and fixed income strategies.
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.
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.
Some days, the market makes sense. Other days, it looks like two completely different stories unfolding at once.
Babylon Bitcoin stakers will receive 6% of BABY's 10 billion supply as a reward for early participation.
Investors' unease in the crypto market mirrored a tumultuous trading session on Wall Street, with Bitcoin, Solana, and other assets falling.
Global banking giant Standard Chartered published new five-year price projections for three leading cryptocurrencies: Avalanche (AVAX), Bitcoin (BTC), and Ethereum (ETH). According to these forecasts, Avalanche is poised to gain significant ground on both Bitcoin and Ethereum by 2029.