Latest News

Bitcoin and other major cryptocurrencies endured steep losses as global financial markets reeled from escalating trade tensions. The post BTC, SOL, XRP Drop 20% — Billionaire Bill Ackman Calls for 90-Day Pause on Trump's Tariffs appeared first on Cryptonews.

The dYdX community has officially launched the Surge Rewards Program, a nine-month trading competition designed to reward active participation from both new and returning users. Beginning April 1, 2025, the program will allocate up to $20 million in DYDX tokens to traders over the course of nine monthly “seasons,” establishing one of the largest and longest-running incentive programs in DeFi trading to date.

Ethereum has dropped about 20% over the past 24 hours, falling below $1,500 for the first time since March 2023. Ethereum (ETH) is trading at $1,476 at the time of press, having recorded a 24-hour high of $1799.

CEO Paolo Ardoino says Tether may launch a new stablecoin instead of adapting USDT to U.S. regulations. This new stablecoin would be built from the ground up to be “compliant by design.

DeFi's largest protocol, the Aave decentralized autonomous organization (DAO), has officially approved a $1 million token buyback initiative that will start on April 9. The proposal secured 439,000 votes in favor, well above the required 320,000 quorum, while only 2,020 votes opposed it.

Today, the global markets opened the dance with a flood of red, so much so that this Monday can be defined as the new Black Monday of modern finance. Cryptocurrencies have been swept away by a wave of forced sales, with liquidations exceeding 1.36 billion dollars in just 24 hours. Meanwhile, the US and Asian stock indices have lost between 6% and 10%, reflecting a climate of fear fueled by an explosive mix of geopolitical tensions, aggressive economic policies, and growing signs of an impending recession. According to the data from Polymarket, a decentralized prediction market platform, the probability that the United States will enter a recession in 2025 has experienced a dramatic surge. Until the end of February, the consensus was rather cautious, with a probability below 30%. But between March and early April, the scenario changed radically. On April 6, user bets indicate a recession risk above 65%, more than doubling in less than three weeks.

Cardano is taking a massive hit as the crypto market bleeds. With prices crashing over 16% in the last 24 hours, ADA has reached a major support zone.

Paolo Ardoino said that if new rules are brought in "make stablecoins competitive, there could be an interest from Tether to create a domestic stablecoin."

ETH whales have been diligent in topping up wallets, but a flash crash could rile the market.

The UK FTSE 100 Index has opened 4% lower on Monday, while the German DAX is already down 6.7% on the day so far. The big Daddy of them all, the U.S. S&P 500, opens later.

7 Siblings whale purchased over $42 million worth of Ethereum in the last 12 hours. Whales are leveraging the market dip and accumulating Ethereum in unprecedented ways.

Steve Yun, former president of TON Foundation, addressed claims of favoritism among Mini Apps and pointed out the need for democratization.

XRP price is staging resilience in the broader market, as the sustained selloff from Trump's reciprocal tariff announcement is still biting risk assets.

Global crypto funds saw $240 million in net exits following last week's U.S. tariff shakedown — but crypto equities captured capital for the second consecutive week.

Over the past 24 hours, $XRP has taken a tremendous hit. It has dropped by over 22% from its $2.14 high to its current $1.65 level.

Over the weekend, the cryptocurrency market took a sharp dive, with major assets suffering significant losses. While the downturn has raised concerns, some crypto experts believe it could present an opportunity for potential future gains.

Bitcoin plunges below $77,000 as Trump tariff threats trigger panic selling. Discover key BTC support levels

Global financial markets are witnessing an extreme panic sell-off not seen since the peak of the COVID-19 crisis in March 2020. From crashing stock futures to collapsing oil and even gold prices, every major asset class is flashing warning signals. Currently, the cryptocurrency market is following the trend in the US stock market.

SOL fell below $100 for the first time since February 2024 and is now ranked 7th in market cap with a $52.17 billion valuation.

Bitcoin slips below $75K as Trump's global trade war rattles markets. Traders brace for Fed rate cuts, while bearish patterns point to a $71.5K BTC target.

With an abrupt sell-off, XRP has fallen over 11% in the last day and broken through its 200 EMA support level at $1.19. The asset is currently trading below $1.70, indicating a very bearish reversal and raising the prospects of adding a zero — a term used in the cryptocurrency community to describe a sharp decline in price to a lower decimal threshold.

For a top government official to say that about a digital currency once seen as a fad? That's a big deal.

The crypto market has been rocked by a sharp sell-off following Donald Trump's surprise announcement of sweeping trade tariffs. Bitcoin dropped over 7% to hover near $75,000, while Ethereum crashed nearly 14.5%, dragging the ETH/BTC ratio to its lowest level in five years.

XRP has lost more than $20 billion in market capitalization in the past 24 hours, per data retrieved by Finbold from CoinMarketCap.