Bitcoin (BTC) Price: Market Awaits Trump Tariffs as Short Sellers Risk $9.41 Billion
Bitcoin price hovers around $85,000 as markets await Trump tariffs while $9.41 billion in short positions face potential liquidation if prices reach $90,000.
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Bitcoin price hovers around $85,000 as markets await Trump tariffs while $9.41 billion in short positions face potential liquidation if prices reach $90,000.
Bitcoin (BTC) investors who bought BTC in 2020 or later are still waiting for higher prices, new research says.In findings published on X on April 1, onchain analytics firm Glassnode revealed that $110,000 was not high enough to make many hodlers sell. Glassnode: 2020 Bitcoin buyers “still holding” Bitcoiners who entered the market between three and five years ago have retained their holdings despite significant BTC price upside.
Circle revealed its plans to go public by June this year. Circle reported a significant $1.68 billion reserve income by 2024 end.
Sony Electronics Singapore has enabled direct USDC payments via Crypto.com Pay at its online store, marking the first time a major consumer electronics brand in the country has integrated cryptocurrency payments. The rollout began this week and allows shoppers to use the US dollar-pegged stablecoin for purchases, with plans to support more digital assets soon.
The online store of a Singapore-based subsidiary of Japanese tech behemoth Sony is now accepting USDC payments through Crypto.com.According to an April 2 announcement, Sony Electronics Singapore now accepts USDC (USDC) stablecoin payments through an integration with the Crypto.com exchange. Crypto.com Singapore general manager Chin Tah Ang said: “We're pushing to make paying in crypto more mainstream and partnering with a well-established and forward-thinking brand like Sony Electronics Singapore further raises awareness of how simple it can be to pay for everyday goods and services using crypto.
XRP faces short-term bearish pressure at $2.07 but analysts predict potential rise to $5-8 by late 2025, with ETF approval being a key catalyst.
Good news for European FTX customers: Backpack, which has acquired the European subsidiary of the bankrupt exchange, is finally starting the process that allows users to recover their funds. Users can now begin the first phase of the claims process.
FLOKI's holders might expect some interesting price action in the next few hours.
Bitcoin has recently displayed signs of upward momentum, trading at $85,215, marking a 2.2% increase in just the past day. Despite this short-term gain, the asset remains down by over 21.2% from its all-time high of $109,000 reached in January.
Bitcoin mining, which initially relied heavily on fossil fuels, has undergone a significant transformation in recent years. A new report released by the MiCA Crypto Alliance in collaboration with Nodiens reveals an important shift in the energy landscape of Bitcoin mining.
After experiencing 4 red months in a row, the minor rise in the Ethereum (ETH) price raises hopes of a green quarter ahead. In the times when the markets continue to display some uncertainty ahead of Trump's new tariffs, the second largest token is displaying strength.
XRP has been consolidating within the pattern shown below, characterized by two converging trend lines that suggest a buildup of momentum.
BlackRock's expansion into the European cryptocurrency market has gained traction, with the UK's Financial Conduct Authority (FCA) approving its Bitcoin exchange-traded product (ETP), IB1T.
In the last 30 days, the Bitcoin market has dropped by around 9.7%. Currently, the price of BTC sits nearly 30% below its all-time high. However, experts, like Axel Adler Jr, suggest that the BTC market is showing strong signs of recovery.
The emergence of China's low-cost artificial intelligence model, DeepSeek, shook global markets earlier this year, engulfing even Bitcoin (CRYPTO: BTC) in its wake. Acting as the first bearish catalyst of 2025, the model called into question the perception of U.S. tech superiority, pressurizing stocks and, eventually, Bitcoin back below $100,000.
VanEck has made a move to expand its digital asset footprint by by filing to establish a trust for the first-ever exchange-traded fund that will track the price of Binance Coin, the fifth largest cryptocurrency by market cap.
BlackRock has secured approval from the Financial Conduct Authority (FCA) to operate as a registered crypto asset firm in the United Kingdom. The approval places BlackRock, the world's largest asset management firm, among a growing list of regulated companies in the region, including Coinbase and Kraken.
9GAG has reportedly taken control of Hong Kong-listed Howkingtech, which may be rebranded as MemeStrategy to explore AI, cryptocurrencies, and creator economy opportunities.
Two pro-crypto candidates Jimmy Patronis and Randy Fine have secured victories in Florida's 1st and 6th Congressional Districts. The post Two Crypto-Friendly Republicans Win Florida Special Elections appeared first on Cryptonews.
Sony Singapore has announced that it will start accepting customer payments in USDC through Crypto.com. The company also plans to accept other crypto assets in the future.
The platform is rolling out PumpFi, the ultimate Ape Now, Pay Later solution for every asset and liability on Solana. Let's discover more about this important launch for Pump Fun.
VanEck's move marked its fifth crypto asset ETF registration in the state including Ether, Bitcoin, Solana, and Avalanche ETFs.
The metric is close to 60% on CG.
Outside of the U.S., 21Shares manages the 21Shares Binance BNB ETP, listed on several exchanges across Europe.
