Efforts to create state-owned Bitcoin reserves are gaining traction in the United States, with Florida and New Hampshire taking significant steps this week. On April 10, New Hampshire's House of Representatives approved House Bill 302 (HB 302) with a narrow 192–179 vote.
Bitcoin (BTC) is exhibiting familiar “bottom” behavior at current prices, according to one of its best-known leading indicators. In an X post on April 10, John Bollinger, creator of the Bollinger bands volatility metric, revealed good news in progress for Bitcoin bulls.
Bitcoin is stuck near $80K just as Trump slaps 145% tariffs on China. Will this trade war send BTC soaring as a safe haven.
US state Arizona has introduced a new crypto-related bill that protects the rights of Bitcoin miners. The state has seen the discussion of several cryptocurrency bills over the past few months.
As leading coin Bitcoin weathers one of its most bearish weeks since the start of the year, on-chain data suggests that miners have contributed significantly to the growing sell-side pressure.
Bitcoin is currently trading just above $80,000, following a brief rally to $83,000 yesterday that sparked renewed investor optimism. Despite the 4.1% gain over the past day, the asset remains more than 25% below its all-time high of over $109,000 set in January.
Yesterday, Bitcoin and the broader crypto market experienced a sharp bounce from recent lows after US President Donald Trump announced a 90-day pause on reciprocal tariffs for all countries except China, which remains under a steep 125% tariff. The news brought temporary relief to global markets, igniting a wave of buying across risk assets.
China has increased tariffs on U.S. goods to a cumulative 125%, intensifying the trade war.
Analysts suggest that Bitcoin price is facing a strong wall at $84,000, which could lead to a breakout for BTC toward $96,000.
Cryptocurrency trader and analyst Kevin Svenson is offering his forecast for Bitcoin (BTC) as the flagship digital asset hovers around 25% below the all-time high. Svenson tells his 82,800 YouTube subscribers that Bitcoin still appears bullish over the long term on the monthly time frame after a major support zone held.
Pakistan plans to utilize 10GW of surplus electricity for Bitcoin mining, appointing Binance founder as advisor while developing crypto regulations for its 20 million users.
US spot bitcoin ETFs saw $150 million exit the products on Thursday, as investors pulled back from risk assets amid ongoing tariff tensions.
In our Binance report part 1, we looked at the tariffs and the turmoil it caused. In this part, #2, we will look at Bitcoin's role.
For a brief moment after President Donald Trump announced his tariffs, it looked as if Bitcoin (BTC -0.06%) could keep its head as markets all around it were losing theirs. The stock market plummeted on April 3 and April 4, as investors and businesses digested the impact of President Donald Trump's tariffs (which have since been put on hold for three months).
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.
The world of cryptocurrencies is witnessing a significant turning point with the official launch of Babylon Genesis, the second phase of the three-part rollout of the staking Bitcoin Babylon protocol. Announced on Thursday, this step represents a crucial evolution for the entire blockchain ecosystem, introducing an innovative way to put one's bitcoin to work while simultaneously strengthening the security of decentralized applications. Babylon, launched for the first time in August 2023, has already secured a prominent position in the crypto landscape, accumulating over 57,000 BTC in total value locked, equivalent to more than 4 billion dollars. The protocol stands out for its self-custodial nature, allowing users to maintain control of their funds while actively participating in the proof-of-stake (PoS) mechanism.
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.