Canaan Inc. reveals a 9.8% increase in Bitcoin production for March 2025, with expansion plans in North America aiming to boost mining capacity significantly.
The end of the week has come around again, and that means another batch of Bitcoin options is due to expire as spot markets show signs of further declines.
Investors move away from U.S. assets, causing a rise in Treasury yields and a decline in the dollar index and U.S. stocks.
April 11, 2025 05:13:36 UTC Bitcoin Slips Despite CPI Surprise Fueling Crypto Rally? Bitcoin is trading at $80,530, down 1.88%, despite a positive boost from the latest U.S. CPI data. Inflation rose just 2.4% in March—below the expected 2.6%—sparking a broader crypto market rally led by Ethereum and altcoins.
Bitcoin's bullish momentum is gaining traction in early 2025, as top mining companies generate $800 million in quarterly revenue and Charles Hoskinson forecasts a surge to $250,000.
Earlier this Friday, Bitcoin, the leading cryptocurrency by market cap, surged to an intraday high of $81,025.
A Connecticut court filing reveals the pair have agreed to settle. Now they have 45 days or less to figure out how to go about it.
Venerated yet unused, Dorsey's Bitcoin refuses to take a golden retirement. He wants to see it circulate, not stagnate.
Data shows the Bitcoin Fear & Greed Index has registered a sharp jump following the recovery in the asset's price above $81,000.
Arizona moves to shield blockchain and AI computing at home while racing other states on Bitcoin reserve bills.
Silk Road founder Ross Ulbricht will make his first public appearance since receiving a presidential pardon, speaking at a Bitcoin conference in Las Vegas. The post Silk Road Creator Ross Ulbricht Plans First Public Appearance Since Release at Bitcoin Conference appeared first on Cryptonews.
Explore how Stacks (STX) enhances Bitcoin by enabling smart contracts and DApps, leveraging Bitcoin's security while expanding its functionalities through a unique layer-2 network.
Bitcoin could hover in the low $80,000s in the near term if it fails to break through its next resistance level, CryptoQuant says, while other analysts predict the cryptocurrency will hit a fresh all-time high within the next two months.CryptoQuant analysts said in an April 10 markets report that if Bitcoin (BTC) “continues to rally,” it could hit resistance around the $84,000 price level, but if it breaks through, it could soar before its next resistance level of $96,000. Bitcoin's previous support levels are now resistance “These price levels have acted as price support during this bull cycle but can now act as price resistance if bullish conditions don't continue to improve,” CryptoQuant said in its report.
New Hampshire's House and Florida's House Insurance and Banking Committee have respectively advanced bills allowing their states to create Bitcoin reserves.New Hampshire's House passed its Bitcoin reserve bill, HB302, in a 192-179 vote on April 10 which will now head to the Senate. The state is now the fourth to pass a Bitcoin (BTC) reserve bill through one chamber, joining Arizona, Texas and Oklahoma.
Ripple case pause boosts XRP ETF optimism. Traders eye appeal withdrawal, injunction relief, and macro risk impact.
The cryptocurrency market cap dropped 2.80% in 24 hours to $2.54 trillion following President Donald Trump‘s sweeping tariff announcement, imposing a 145% duty on Chinese imports and a 10% universal tariff on most other goods. Cryptocurrency Gains +/- Price (Recorded at 9.47 p.m.
Bitcoin price started a fresh increase above the $80,000 zone. BTC is now correcting gains and might struggle to stay above the $79,500 support.
Silk Road founder Ross Ulbricht will give a speech in Las Vegas next month in his first public appearance since he was pardoned.
Charles Hoskinson, who co-founded Ethereum and now leads the Cardano blockchain, has projected that Bitcoin could reach a price of $250,000 by the end of this year or next year. His prediction, made during a CNBC interview, comes despite the recent slump in the wider financial markets including crypto.
Are we witnessing quiet preparation, or the first tremors of a deeper shakeup?
Bitcoin, Ethereum, and other cryptocurrencies surged after the latest U.S. inflation data showed a smaller-than-expected rise.
Bitcoin surged to $82,700 recently, causing excitement in the crypto market.
Charles Hoskinson, founder of Cardano, has predicted that Bitcoin could reach $250,000 by the end of this year or next.
On April 8, Bitcoin's net unrealized loss (NUP) ratio spiked to 0.0578, the highest level since November 2023. Meanwhile, the net unrealized profit/loss ratio dropped to 0.4253 on the same day, its lowest point since September 2024.
Pakistan plans to use its excess electricity to power Bitcoin mining farms and AI data centers, turning wasted energy into valuable digital assets like Bitcoin.
Bitcoin is currently trading at $79,150, showing a modest 1.8% gain in the last 24 hours, although it remains down about 4% over the past week.
The Human Rights Foundation (HRF) launched the Bitcoin Humanitarian Alliance on April 10, forming a coalition of activists, humanitarian organizations, and pro-democracy movements leveraging Bitcoin (BTC) to support civil liberties and deliver aid in financially repressive environments.
MicroStrategy, the largest corporate holder of Bitcoin, has long embodied the boldest institutional bet on the cryptocurrency. Co-founder and chairman Michael Saylor's unwavering belief in Bitcoin has defined the company's strategy for years.
Bitcoin is poised for a major surge as escalating U.S.-China tensions, rising tariffs, and dwindling trust in U.S. debt send investors searching for alternatives.
The second-largest cryptocurrency by market capitalization, Ethereum, is exhibiting warning indicators as it tries to regain stability above crucial support levels. ETH is now trading at about $1,960, having dropped sharply from its peak of about $4,000 earlier in this cycle.
Block Inc., the company behind Cash App and led by Jack Dorsey, has been fined $40 million by the New York Department of Financial Services (NYDFS). The penalty, announced on April 10, stems from widespread lapses in the company's anti-money laundering (AML) and compliance systems related to its virtual currency operations.
An analyst has explained how a break beyond the 200-day moving average (MA) might put Bitcoin on the path to a top around the upper band of this indicator. Bitcoin Mayer Multiple Currently Has Its Upper Band Located At $208,550 In a new post on X, analyst Ali Martinez has discussed the Mayer Multiple of Bitcoin.
The world's largest crypto exchange platform by trading volume is adding support for a new Bitcoin (BTC) staking protocol. In a new announcement, Binance says it will be adding the BTC staking project Babylon (BABY) to its massive suite of digital asset products.
Jack Dorsey said Bitcoin needs payments to scale. Rena Shah, COO of Trust Machines, disagrees.
Michael Saylor, the CEO of the business intelligence company Strategy (formerly MicroStrategy), in his frequent advocacy for Bitcoin, has made another bold claim about the factor fueling Bitcoin's performance in an X post on Thursday.
Before April 9, miners were paying upwards of $3M for chartered flights as they try to outrun the impact of Trump's import levies. Some miners are comparing the tariffs to China's 2021 mining ban.
Matt Hougan declares Bitcoin has transformed from speculative gamble to mature macro asset with institutional backing.
Bitcoin fell below $80,000 Thursday after U.S. President Donald Trump raise tariffs against China to 145%. Plus, crypto friendly Paul Atkins is confirmed as the new chairman of the U.S. Securities and Exchange Commission, and Pakistan seeks to utilize up to 10,000 megawatts of surplus energy for Bitcoin mining.
The “Live Free or Die” state is one step closer to embracing Bitcoin after the House of Representatives passed a reserve bill.
Bitcoin's price stands at $79,630 as of April 10, 2024, with a market capitalization of $1.57 trillion. Over the last 24 hours, bitcoin has traded between $78,424 and $82,401, amassing a strong trading volume of $52.10 billion, reflecting strong participation and volatile market behavior.
With the investment led by Fulgur Ventures and Framework, the firm plans to scale its bitcoin-denominated life insurance and annuity products designed to combat inflation risk.
Peter Schiff, CEO of Euro Pacific Asset Management, has stated that Bitcoin is "losing" against gold.
The Federal Reserve intervened when this crowded trade unwound during the coronavirus pandemic.
After showing flashes of brilliance early in the day, Bitcoin price is now firmly trading under $80K amid fears for a steeper drop. The drop in prices follows the release of US economic job data as Bitcoin (BTC) finds its bearing amid macroeconomic uncertainties.
The leading cryptocurrency couldn't hold above the $80,000 mark on Thursday.
Bitwise CIO Matt Hougan commented that after this tariff issue ends, bitcoin will ultimately be favored in the aftermath. Hougan believes that the endgame of the tariff issue will include a dollar devaluation, which would precede a new reserve system with bitcoin and gold at the forefront.
Twitter founder and cryptocurrency entrepreneur Jack Dorsey publicly called for messenger Signal to integrate bitcoin for peer-to-peer (P2P) payments.
And if Sweden became the next country to integrate Bitcoin into its national reserves? This is the bold question posed by Rickard Nordin, a member of the Swedish Parliament, in a letter addressed to the Minister of Finance, Elisabeth Svantesson.