State-level interest in Bitcoin adoption is gaining momentum, with New Hampshire and Florida both advancing legislation to allow state investments in Bitcoin reserves.
Asset managers Osprey Funds and Grayscale Investments agreed to settle a lawsuit over alleged violations of Connecticut law in the advertising and promotion of Grayscale's Bitcoin exchange-traded fund (ETF). According to an April 9 court filing, the parties agreed to settle the two-year-old case and are finalizing documentation and settlement terms.
China's finance ministry has raised tariffs on select US imports to 125%, matching the United States' most recent escalation and signaling continued parity in the trade conflict. The tariff adjustment, announced early Friday, comes just two days after Beijing raised duties to 84%, following Washington's move to impose higher import taxes on Chinese goods.
Bitcoin could keep sliding as cooler-than-expected U.S. inflation data has sparked fears that President Trump might go harder on tariffs, a move that could actually bring inflation back up in the long run.
Bitcoin hovers around $80,000 as U.S.-China trade tensions and options expiry create market volatility, despite renewed accumulation from large holders.
According to a CryptoQuant Quicktake post published today, Bitcoin's (BTC) hashrate and mining difficulty continue to reach new all-time highs (ATH), even as the price of the digital asset declines. The slump is largely attributed to growing global uncertainty surrounding escalating trade tariffs.
Whales scooped up Bitcoin during Trump's renewed tariff announcements.
Assessing whether Hoskinson's BTC $250K price target aligns with cycle top indicators.
Despite a 26% drop from all-time highs, bitcoin holds steady compared to leading tech stocks, signaling increasing maturity.
If signed, the HB 2342 bill protects anyone running a node or mining digital assets from zoning or usage restrictions. The post Arizona Senate Officially Passes Bitcoin Mining Rights Bill, Awaits Governor's Approval appeared first on Cryptonews.
James Toledano says bitcoin's measured response to a significant sell-off, triggered by U.S. “reciprocal” tariffs, highlights its growing maturity as a macro asset.
Even as crypto markets try to put on a brave face this week, institutional investors clearly are not buying it. Yesterday, Bitcoin spot ETFs recorded another round of outflows, marking the sixth straight day of capital flight from these funds.
Florida has taken its first legislative step toward embracing Bitcoin as a state-held asset, joining the race led by Arizona and closely followed by New Hampshire. Florida is the latest U.S.
A widely followed analyst believes Bitcoin (BTC) will remain in a bull cycle if the flagship crypto asset holds one key level as support. In a new video update, crypto strategist Benjamin Cowen tells his 892,000 YouTube subscribers that if Bitcoin falls below $69,000, a bear market phase may ensue.
Despite the ongoing turmoil in global markets driven by tariff policies, Matt Hougan, Chief Investment Officer at Bitwise, remains confident in Bitcoin's potential.
Babylon is a new blockchain project that gives Bitcoin a slightly different role in the crypto world. Bitcoin is considered to be a store of value in crypto, or digital gold as some would call it, but Babylon changes that by allowing Bitcoin holders to stake their coins meaning they can help secure other blockchains without giving up control of their BTC.
Crypto markets will witness over $2.5 billion worth of Bitcoin (BTC) and Ethereum (ETH) options expire today.
The US economy seems to be very fragile at the moment, and talks of a global recession are on the rise, with yellow metal Gold shining as a safe haven asset. Bitcoin price has also bounced back from the lows of under $75,000 this week, to now trading around $82,000, while the US-China trade war
New Hampshire's Bitcoin reserve bill has passed the state's House, making it the fourth state to advance such legislation through one chamber.
Pakistan is reportedly looking into utilizing its surplus electricity to support domestic Bitcoin mining operations and AI data centers, according to a recent Reuters report. The plan aims to convert unutilized energy resources into productive use amid the country's ongoing challenges with high electricity tariffs and shifting energy supply patterns.
Pakistan is exploring bitcoin mining and AI data centers as a way to utilize its surplus electricity, with plans to foster innovation, boost exports, and create tech jobs through crypto regulation and infrastructure support.
In Arizona, the law HB 2342 that protects individuals in the Bitcoin mining sector was approved by the Senate with 17 votes in favor and 12 against. Now the law goes to Governor Katie Hobbs for final approval. In Arizona, the Senate approved yesterday the law HB 2342 on Bitcoin mining with 17 votes in favor against 12 against.
The stock markets across the globe and the crypto markets faced massive bearish actions soon after President Trump rolled out tariffs on various nations. Meanwhile, he further halted the tariff for 90 days, reviving the bullish possibilities. The Bitcoin (BTC) price fought with the bearish pressure finely and revoked a strong ascending trend beyond $80,000.
Bitcoin price has crashed in the past few months as concerns about the coin and other risky assets continued. BTC was trading at $80,000, down by 25% from its highest point this year, and is hovering near its lowest level since November 11.
What's behind Pakistan's shift towards Bitcoin mining and AI growth?
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.