After a brutal correction of 30% that caused bitcoin to fall below $75,000, the leading cryptocurrency is once again showing signs of strength by stabilizing around $84,500. This significant rebound has been amplified by President Trump's announcement of a temporary suspension of tariffs for most countries.
The United States has emerged as one of the largest hubs for Bitcoin mining globally, especially following China's sweeping crackdown on crypto mining activities in 2021. The U.S. share of global Bitcoin mining surged from just 4.5% in 2020 to an impressive 37.8% by January 2022.
If you're new to crypto, here's one idea you might not have heard before: Bitcoin (BTC 1.52%) could be ready to challenge the U.S. dollar as the world's reserve currency. That type of transformative change, of course, would be history-making, and it would require a fundamental restructuring of the global financial system -- sort of like we're seeing right now, with tariffs and the potential for a global trade war.
New York is taking a bold step toward mainstream crypto adoption. A new legislative proposal seeks to allow residents to use digital assets like Bitcoin, Ethereum, and Litecoin to pay for government-related services.
US-based spot Bitcoin ETFs (exchange-traded funds) have not been left out of the escalating trade tensions between the United States and China, as they have witnessed significant withdrawals over the past few days.
The Lomond School in Scotland has become the first academic institution in the United Kingdom to accept tuition payments in Bitcoin (BTC) representing a major step in crypto mainstream adoption.
McDonald's has declined to discuss a shareholder proposal to invest in Bitcoin, with the SEC supporting the company's decision. This move reflects the cautious approach of major corporations towards cryptocurrency adoption.
Bitcoin approaches a critical juncture as long-term metrics and sentiment signal potential market direction.
Prominent X market analyst Cryptododo7 has shared a bearish prediction on the Bitcoin market amidst an ongoing price rally. Notably, the premier cryptocurrency has moved from $75,000 to $86,000 over the past three days indicating a rising level of market demand.
Bitcoin rallies to $85.9K after US-China tariff shift. Trade optimism offsets ETF outflows, with investors watching Fed policy and the Bitcoin Act.
TL;DR Bitcoin mining companies are repurposing their infrastructure to offer AI-oriented computing services in search of greater profitability. The technical overlap between mining farms and AI data centers allows for an operational transition without major structural changes.
Luxor Technology is reshaping the bitcoin mining landscape by offering an extensive suite of services, including mining pools, hashrate derivatives, ASIC brokerage, and data analytics. These tools aim to support both small-scale and industrial miners by simplifying operations and minimizing risk.
PI has jumped past $0.7 now, XRP is close to $2.15.
BTC trades at a weekly peak, but can it go higher soon?
A crypto strategist who accurately called Bitcoin's collapse below $80,000 believes that BTC's long-term uptrend will remain intact if it stays above a key price area. In a new strategy session, pseudonymous analyst Cheds tells his 49,800 YouTube subscribers that Bitcoin appears to have broken out of a W pattern on the four-hour chart.
BTC struggles with volatility; optimistic on-chain metrics hint at potential breakout above $94,500.
Bitcoin has been named digital gold because of its security, limited supply, and role as a store of value; however, this belief has come under scrutiny.
Crypto Highlights This Week: Bitcoin and other major tokens have finally rebounded after a massive bloodbath witnessed over the past week. BTC price recovered and gained a hold above $84K following a crash to as low as $74K in the past 7 days.
Lomond School, a Scottish boarding school, will begin accepting bitcoin for tuition payments, up to $49,711 (£38,000) annually, starting this autumn. The school, claiming to be the first United Kingdom private school to do so, will convert the bitcoin to British pounds to manage currency risk.
While the markets sneeze, the old Bitcoin veterans are back in charge. Accumulation, resistance, and conviction: a discreet but possibly explosive cocktail in this unstable monetary theater.
A recent analysis by a Bitcoin analyst has thrown cold water on the possibility of the Shiba Inu price hitting the $1 mark. The analyst firmly dismissed the idea, suggesting that it is highly unlikely, if not downright impossible.
After suffering a steep 30% correction that took prices below $75,000, Bitcoin is showing signs of strength once again.
Bitcoin could be setting the stage for a major reversal, according to crypto analyst BTCEarth. In a recent post on X, the analyst pointed to a key support zone that continues to hold firm, reinforcing the possibility of a bottom formation.
The Bitcoin (BTC) market proved rather turbulent in the past week after a price decline below $75,000 was followed by a rebound to above $83,000. With the premier cryptocurrency showing indications of a sustained uptrend, blockchain analytics firm CryptoQuant has identified two potential key resistance zones lying in wait.
Despite rolling out a large number of upgrades and innovations, the Ethereum price continues to lag behind Bitcoin (BTC) by a wide margin. Reports reveal that ETH has suffered a staggering 77% price crash against BTC — a decline likely fueled by a mix of technical, macro, and sentiment-driven factors.
The Bitcoin price had a rollercoaster journey over the past week, falling to its lowest level in six months on Wednesday, April 9. The flagship cryptocurrency showed some resilience, recovering above the $80,000 level after United States President Donald Trump paused trade tariffs on all countries except China.
The cryptocurrency market experienced a volatile week, influenced by global economic factors like trade war concerns and the pause on the U.S. tariff policy. While bitcoin saw a slight gain, solana, avalanche, and hedera showed significant price fluctuations, recovering from initial drops. Ethereum, however, suffered a substantial loss, failing to rebound like other top cryptocurrencies.
U.S. President Donald Trump disclosed over the weekend that certain electronic devices will be exempt from the ongoing tariffs imposed on China. This move is likely to ease the concerns of technology firms that have been engaged in a logistical tug-of-war, shipping components across borders under increasing pressure. U.S.
Over the past few weeks, the cryptocurrency market has been overwhelmed by a high degree of uncertainty and volatility triggered by the constantly shifting global macroeconomics. This unsettled market condition saw the Bitcoin price dance between $74,000 and $83,000 in the space of a few days.
The late Berkshire Hathaway Vice Chairman Charlie Munger's name still comes up in financial media after he passed away in Nov. 2023. His timeless wisdom applies to this Bitcoin bear market.
Will Trump's rivalry with Democrats derail the Clean Cloud Act before it even reaches a serious debate?
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.
Seller fatigue, long-term holder capitulation, and fresh institutional accumulation are converging.
The crypto market is stabilizing as Bitcoin (BTC) recovers above $85K, with Ethereum and XRP prices maintaining above $1,500 and $2 respectively. This comes after China announced new tariffs on U.S. imports in response to President Donald Trump's 145% tariff on Chinese products.
Bitcoin's weekend pump hits $84K but analysts warn of 'pump-and-dump' pattern repeating for sixth straight week.
Arthur Hayes, co-founder of BitMEX, has projected a significant increase in the value of Bitcoin (CRYPTO: BTC). This anticipated surge is linked to the tariff policies of President Donald Trump.
Lomond School will accept Bitcoin for tuition starting in Autumn 2025. Bitcoin payments will convert to fiat immediately, with a BTC treasury possible later.
Spot Ethereum exchange-traded funds continued shedding assets as US recession risks rose and its price crashed. SoSoValue data shows that spot Ethereum (ETH) ETFs shed assets in the last seven consecutive weeks.
Lomond School in Scotland is set to become the first educational institution in the UK to accept Bitcoin for tuition payments, starting in the autumn term of 2025.
The bitcoin to VIX ratio might be signalling a potential long-term bottom for BTC price.
The New York State Legislature has introduced a bill that would allow government agencies to accept cryptocurrency payments.
Bitcoin Commons has become a launchpad for founders and engineers walking away from Silicon Valley jobs to bet on open-source code, off-grid mining, and decentralized finance.
Real Vision's chief crypto analyst, Jamie Coutts, is highlighting the outperformance of Bitcoin (BTC) amid a correction experienced by stocks and crypto assets.
Crypto prices surged after a temporary U.S. tariff halt, yet bullish momentum remains subdued, Cryptoquant researchers report. Bitcoin clawed back losses at a critical technical support level, but weak investor sentiment signals caution ahead. Bitcoin's $76K Support Holds, But Bull Index Flashes Red Cryptocurrency markets rallied sharply on April 9 after U.S.
Bitcoin rose by 11% to $83,500, driven by whales and long-term holders.
The much-dreaded Trump tariffs are here, with the new US President enforcing up to 50% additional duties on imported goods from friends and foes alike. Top markets reported heavy losses with the S&P 500 falling close to 5%, Dow Jones 4%, and Nasdaq suffering a 6% decline.
Billionaire Tim Draper has taken to X to remind market onlookers of his position on unconventional emerging technologies like artificial intelligence and cryptocurrencies.
New York Attorney General Letitia James issued a warning to US congressional leaders regarding regulation of cryptocurrency, particularly how Bitcoin and other virtual currencies could erode the US dollar's position around the world. She urged stronger federal regulations to protect investors from fraud and criminal use in the cryptocurrency market.