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Bitcoin and crypto tokens crashed on Monday, leading to over $1 billion in liquidation, as recession fear spread. The market cap of all crypto coins plunged by 10% in the last 24 hours to $2.41 trillion.
Bitcoin is alive and kicking, spewing out impressive hashrate numbers like never before. Bitcoin's network processing power has reached an unprecedented 1 Zetahash per second (ZH/s), marking a major milestone in the cryptocurrency's 16-year history.
The MANTRA Ecosystem Fund will deploy capital over four years to bridge traditional finance and DeFi through real-world asset tokenization.
The weekend's drop continues on the cryptocurrency market, according to CoinStats.
Bitcoin price has surged for a short period of time above the $80,000 level after posting a minimal gain in the last hour. The rebound follows a sudden drop that saw BTC drop to as low as $74,000 in the last 24 hours.
The global cryptocurrency market shed over the weekend $300 billion in value, plunging from $2.75 trillion to as low as $2.35 trillion following the announcement of President Donald Trump's sweeping global tariffs.
The week has begun with an ongoing market correction, according to CoinMarketCap.
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).
A team of crypto industry veterans, all formerly with Kraken, has acquired majority ownership in Janover Inc., marking a significant pivot for the company toward decentralized finance.
Markets surged, then plunged after news reports mischaracterized a White House advisor's interview—and X accounts spread it far and wide.
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.
South Korea's National Pension Service, the world's third-largest public pension fund with over $800 billion in assets under management, is looking to tap into blockchain technology for transactions.
The U.S. Securities and Exchange Commission will host another crypto regulation roundtable on April 11, attracting participation from executives and advocates who previously clashed with the agency. The session, titled Between a Block and a Hard Place: Tailoring Regulation for Crypto Trading, will be hosted at the SEC's Washington D.C.
Despite the market downturn, Base network reached $193M in trading fees, continuing its relative growth.
Pakistan is stepping into a new era of digital finance with a major announcement. Changpeng Zhao (CZ), the founder of Binance, has officially joined the Pakistan Crypto Council (PCC) as a Strategic Advisor. His expertise will help shape Pakistan's crypto future, guiding the country in creating strong regulations, improving digital infrastructure, and increasing blockchain adoption.
The White House denied a report that it was mulling a 90-day delay on imposition of tariffs.
Zhao's appointment to the Pakistan Crypto Council comes amid the country's larger effort to bolster its blockchain industry and attract international investment.
Bitcoin and most altcoin prices continued their strong downtrend on Monday as market participants braced for a recession.
Eric Trump, son of the sitting United States president, made a relatively unexpected endorsement of Ethereum (ETH) back on February 3. The executive vice president of the Trump Organization did so by means of a post on X.
Whales seem to be moving away from the first altcoin as well.
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.
Bitcoin (BTC) fell below $75,000 on April 6, pressured by traditional markets as S&P 500 futures hit their lowest levels since January 2024. The initial panic also caused WTI oil futures to drop below $60 for the first time in four years.
Some market observers have considered Bitcoin's first quarter performance underwhelming, as the asset failed to sustain momentum at previous ATHs.
$1 million reward initiative aims increase market participation among traders.
