Despite uncertainty and nervousness palpable on the market, Bitcoin ETFs returned to net positive territory, with BlackRock's iShares Bitcoin Trust (IBIT) once again emerging as the dominant force in the sector.
Bitcoin was born as a response to institutional failure, a decentralized escape hatch from corruptible centralized finance and a north star of self sovereignty. Bitcoin's true vision was a peer-to-peer electronic cash system.
The president's trade war has yielded persistent headwinds for risk assets, Coinbase's global head of research noted.
Bitcoin (BTC) centered on $84,000 at the April 16 Wall Street open amid hopes that a weak US dollar would fuel a bull market comeback. BTC/USD 1-hour chart.
The first quarter of 2025 was a reality check for digital assets. While the year began with optimism fueled by the election of a pro-crypto U.S. president and expectations of a friendlier regulatory environment, macroeconomic challenges quickly came to dominate the narrative.
The Bitcoin market continues to see a lot of sideways action, as the markets are trying to find some reason to get more “risk on” than they have been. At this point, we are in the middle of the overall trading range, making it “fair value.
Bitcoin is currently trading at critical price levels amid heightened macroeconomic uncertainty and escalating global tensions. After a volatile period, BTC staged a notable rebound last week following an announcement by U.S. President Donald Trump declaring a 90-day pause on all tariffs except those targeting China.
As the global interest in Bitcoin (BTC) continues to rise, a Swedish lawmaker is advocating for the establishment of a national Bitcoin reserve, mirroring initiatives taken by the United States under President Donald Trump.
Bitcoin ETFs are bouncing back after last week's crash with BlackRock leading the inflows. Is this the calm before the next BTC rally?
The Panama City Council has voted to allow citizens to pay taxes, fines, fees and permits using cryptocurrencies. What Happened: The initiative was spearheaded by Panama City Councilman and tech entrepreneur Mayer Mizrachi, who confirmed the development in a public post on Tuesday.
The Bitcoin market has been absorbed by fear as the BTC Fear and Greed index entered the red zone and is showing 29 at the moment.
The Dow Jones crashed 288 points on Wednesday as Nvidia's collapse sent shockwaves across markets.
Cardano (ADA) has gone down by 4.8% in the past 24 hours as cryptos have started the week on a negative tone ahead of a speech scheduled for today from the Chairman of the Federal Reserve, Jerome Powell.
The performance of bitcoin (BTC) mining stocks was mixed in the first two weeks of April, with pure play operators outperforming those with exposure to high-performance computing (HPC), JPMorgan (JPM) said in a research report Wednesday.
Bitcoin may be about to play a key role in U.S. debt management, according to asset management firm VanEck. What Happened: Speaking at the Strategic Bitcoin Reserve Summit on April 11, VanEck's head of digital asset research Matthew Sigel unveiled BitBonds — a proposed debt instrument combining 90% U.S. Treasury bonds with 10% Bitcoin (CRYPTO: BTC).
Where's the bottom for bitcoin (BTC)?
Panama City's crypto adoption for taxes may accelerate digital economy growth and influence global regulatory frameworks for digital assets. The post Panama City accepts Bitcoin, Ether, and stablecoins for tax and fee payments appeared first on Crypto Briefing.
Bitcoin's price moved within a narrow range of $83,524 to $84,156 over the past 60 minutes, reflecting a momentary consolidation. With a market capitalization of $1.66 trillion and a 24-hour trading volume of $25.66 billion, the asset traded within an intraday range from $83,219 to $86,186.
Amid the global efforts to adopt crypto, members of the Riksdag, the Swedish Parliament, are urging the country's finance minister, Elisabeth Svantesson, to evaluate a Bitcoin (BTC) Reserve for Sweden's holdings.
A widely followed analyst and trader is leaning bullish on Bitcoin (BTC) as the flagship crypto asset hovers around 21% below its all-time high. The analyst pseudonymously known as Rekt Capital tells his 108,000 YouTube subscribers that Bitcoin's banana zone, a period when BTC experiences rapid and explosive growth, is still on course.
The cryptocurrency mining machine maker missed a market boom last year, and is ramping up its own bitcoin production just as the sector shows signs of stumbling Key Takeaways: Canaan boosted its bitcoin production by about 10% in March from February after a bitcoin "halving" event last year dampened demand for its mining machines The company's stepped-up mining efforts come as the crypto market enters a new phase of uncertainty created by recent U.S. protectionist policies It's named for the biblical Promised Land, but Canaan Inc. (CAN.US) seems stuck far from paradise these days, even as the crypto market around it boomed last year. The cryptocurrency mining machine maker's fortunes are typically tied to changes in digital asset values, with strong markets typically boosting demand for its products.
Bears have seized the initiative today, according to CoinMarketCap.
According to Galaxy Digital founder and CEO Mike Novogratz, the recent rebound in Bitcoin reflects far more than speculative trading, rather it is a direct response to growing macroeconomic instability and a shift in global financial architecture.
Oklahoma has exited the Bitcoin Reserve Race after the Senate Revenue and Taxation Committee narrowly rejected HB1203, ending the state's bid to invest treasury funds in Bitcoin and other major digital assets. The post Oklahoma Drops Out of Bitcoin Reserve Race as Tax Committee Rejects HB1203 appeared first on Cryptonews.
TL;DR Covert $16B Liquidation: Private firms are facilitating a covert sell-off of $16 billion in seized Bitcoin, even as China maintains its strict crypto ban. Secret Sales Mechanism: Local authorities use private intermediaries, crypto mixers, and discreet exchanges to convert Bitcoin into cash without public scrutiny.
Auradine's Series C funding round includes $138 million in equity and $15 million in venture debt, CEO Rajiv Khemani told The Block.
Cryptocurrency prices have dropped sharply in the past 24 hours. Investors pulled out of risky assets due to the rising tensions between the US-China trade war.
Welcome to the US Morning Crypto News Briefing—your essential rundown of the most important developments in crypto for the day ahead.
The crypto market tanked over the past 24 hours, with the market cap declining almost 3% to $2.63 trillion as bearish sentiment returned. Bitcoin (BTC) peaked at a local high of $86,397 before investors began booking profits.
China could inadvertently spark a Bitcoin (BTC) price crash as reports emerge that local governments are offloading their stash of seized assets despite a nationwide cryptocurrency trading ban.
Bitcoin ETFs added $76.42 million in net inflows on Tuesday, April 15, extending their rebound for a second day with support from five major funds. Meanwhile, ether ETFs remained under pressure, posting $14.18 million in outflows led by Grayscale's ETHE.
Bitcoin remains elevated, but futures market sentiment weakens, thereby indicating increased fear and caution.
The market sentiments have been varying ever since Bitcoin price volatility seems to have choked up. After the recovery, no specific price movement has been observed, which could have raised concerns among the market participants and also among the bulls.
The proposal? Let the U.S. government issue bonds backed by Bitcoin to help refinance its massive $14 trillion debt.
Just as Bitcoin (BTC) goes through a stressful trading day, Michael Saylor has stepped into the spotlight — without saying much, yet enough. In a new post today, the Strategy CEO shared an AI-generated photo of himself at a chessboard, captioned simply: "Bitcoin is Chess.
Matthew Sigel, head of research at VanEck, has introduced a new idea that mixes Bitcoin BTC with US government bonds.
A digital asset analyst has pointed to bullish Bitcoin (BTC) on-chain metrics amid recent market uncertainty. Huge institutional inflows coupled with a drop in exchange reserves show that Bitcoin's price holds greater value when compared to previous cycles.
In the latest installment of the “Bitcoin Policy Hour,” a weekly podcast produced by the nonprofit Bitcoin Policy Institute (BPI), leading members of the organization discussed how a single policy decision by the United States government might catapult the price of Bitcoin to extraordinary new highs. According to Executive Director Matthew Pines, the world's monetary framework has remained largely the same since 1973, when the global financial system pivoted away from a full gold standard.
A crypto whale has transferred 3,704 Bitcoin (BTC) from Kraken worth approximately $315 million. This follows a string of whale purchases in the last 48 hours as crypto prices gain traction.
On-chain data shows exchanges have seen a massive amount of Bitcoin outflows during the past day, a sign that could be bullish for BTC's price.
Pi Network (PI) could be on the recovery path alongside Bitcoin (BTC), with past $1 highs now back in focus as early as this week. The post Can Pi Network Hit $1 This Week? Bitcoin's Strength Might Be the Key appeared first on Cryptonews.
Bitcoin's price seems to be steadily rising during today's session, but there is some pressure building just above the current levels.
As China tightens its grip on crypto-related activity, local authorities are reportedly struggling to handle one particular issue: what to do with the growing stockpile of digital assets seized from criminal cases.
As global financial markets absorb the impact of renewed trade tensions and rising interest rates, QCP Capital notes a critical shift in the Federal Reserve's focus away from inflation and toward recession risk. What Happened: In its commentary published on Wednesday, the Singapore-based trading firm said signs of a Fed pivot are emerging, yet Bitcoin (CRYPTO: BTC) has failed to behave like a safe-haven asset in this evolving macro landscape.
A recent Reuters report reveals that China holds 15,000 bitcoin ( BTC) confiscated through criminal investigations. However, officials are currently entangled in deliberations over how to handle these digital assets, as cryptocurrency trading remains prohibited in the country.
TL;DR Bitcoin Pulls Back: Bitcoin dips below $84K from a recent peak near $84,200, with the broader crypto market contracting by about 2.2% in the last 24 hours.
This is a daily technical analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole.