April 17, 2025 06:53:17 UTC XRP Price Jumps 20% Amid Lawsuit's Final Phase Ripple's decade-long legal battle with the SEC is nearing its end, but a crucial step remains. Ripple seeks an “indicative ruling” from Judge Torres to resume private XRP sales, which is vital for a future IPO.
Crypto markets steadily rose in Asian morning hours Thursday after a sell-off the night before as Fed chair Jerome Powell dashed hopes of early rate cuts as global markets reel from the impact of newly-levied U.S. tariffs.
Lately, there has been a huge sell-off in Bitcoin amid the uncertain macro environment and fears of a trade war driven by Trump tariffs. But who are these selling the Bitcoins? Is it the institutions, whales or the retailers dumping it? Lets find out.
Bhutan is contemplating the use of its hydropower resources for Bitcoin (CRYPTO: BTC) mining to stimulate its economy without compromising its environmental goals. What Happened: In an interview with Reuters on Tuesday, Ujjwal Deep Dahal, CEO of Bhutan's sovereign wealth fund, Druk Holding and Investments Ltd.
The tone of Bitcoin-related social media posts has flipped to bullish according to crypto analytics platform Santiment, despite Bitcoin continuing to swing around $85,000.“Traders are showing optimism that BTC can regain $90K, which will likely be dependent on tariff and global economy news as the week progresses,” Santiment said in an April 16 X post.
If the United States bought 1 million BTC, the price of bitcoin could reach 1 million dollars. A strategic reserve that would disrupt the global economy and reinvent financial assets.
Semler Scientific is looking to raise $500 million in new securities after settling a large case with the Department of Justice, according to company filings. The health care technology company will use some of the money to expand its crypto holdings, which are already in excess of 3,000 coins.
Bitcoin hovers near $84.4K as Binance traders quietly flip bullish. A breakout above $85.5K could trigger $637M in short liquidations. Here's what to watch. The post Bitcoin Traders Suddenly Turn Bullish on Binance – What Are They Seeing That You're Not? appeared first on Cryptonews.
Binance is helping governments shape crypto rules and Bitcoin reserve plans, signalling growing global adoption, says CEO Richard Teng. The post Binance is Helping Countries Craft Crypto Frameworks and National Bitcoin Strategies, CEO Says appeared first on Cryptonews.
Publicly listed Bitcoin miners are facing increasing economic pressure, which led to the largest monthly sell-off of mined BTC since October 2024.
While the crypto market remains unsettled by speculative shocks, a subtle signal is capturing the attention of insiders: Bitcoin whales are strengthening their positions. The number of addresses holding between 1,000 and 10,000 BTC has just reached 2,014, a peak since April 2024.
Eric Trump, the second son of U.S. President Donald Trump, is set to speak at Consensus 2025 in Toronto, where he will share his vision for transforming the U.S. Bitcoin mining industry. As Chief Strategy Officer of American Bitcoin, a venture launched in partnership with Hut 8, Trump aims to build the worlds largest and most efficient pure-play Bitcoin mining company.
Crypto analyst Michael van de Poppe predicts Bitcoin could reach a new all-time high (ATH) within the next three months, citing macroeconomic indicators and historical trends. His projection is based on a chart shared by Julien Bittel, Head of Macro Research at Global Macro Investor (GMI), which reveals a strong correlation between Bitcoins price and the global M2 money supply.
Despite market uncertainty, Bitcoin ETFs returned to net inflows, led by BlackRocks iShares Bitcoin Trust (IBIT), which added 455 BTC in the past 24 hours, according to Lookonchain data. This brought IBITs total holdings to 571,869 BTC, cementing its dominance in the sector.
Bitcoin (BTC) fell over 3% to around $83,500 on Wednesday, retreating from Tuesdays high above $84,200 as Asian markets responded with profit-taking. The broader crypto market followed suit, with total market capitalization down 3.3% in the past 24 hours.
Financial commentator Peter Schiff, known as Dr. Doom for accurately predicting the 2008 financial crisis, has issued a bold investment recommendation: sell all your Bitcoin and shift into gold mining stocks. Schiff argues that Bitcoin is the epitome of risk assets, and its recent sell-off supports his thesis as gold continues to post new record highs.
Semler Scientific, a Nasdaq-listed healthcare tech firm, is doubling down on Bitcoin with plans to raise up to $500 million through a new securities offering, according to a recent SEC filing. The filing, a shelf registration statement, would allow the issuance of various securities including common stock, preferred stock, debt instruments, and warrants over time.
This article analyzes the shifting correlation between Bitcoin and gold, highlighting how rising global liquidity, trade tensions, and technical chart patterns signal potential bullish momentum for both assets.
A new report by Reuters suggests that China may be looking to liquidate large stashes of confiscated Bitcoin, potentially exerting downward pressure on BTC's price. Sources cited by Reuters indicate that local Chinese governments have been engaging private companies to convert seized Bitcoin into cash, in an effort to bolster public finances under strain from a slowing economy.
According to a recent CryptoQuant Quicktake post, while Bitcoin (BTC) has seen a steady rise in price from November 2024 to February 2025, sentiment in the cryptocurrency's futures market has not shown a corresponding uptick. Bitcoin Futures Sentiment Index Signals Caution Bitcoin's price surged from approximately $74,000 in November 2024 to a peak of $101,000 by early February 2025.
Bitcoin price started a fresh decline below the $85,500 zone. BTC is now consolidating and might attempt to clear the $85,200 resistance zone.
Ripple case paused as court grants appeal abeyance, fueling speculation of a Final Judgment settlement and XRP-spot ETF approval.
On-chain data shows the Bitcoin Supply in Profit is yet to drop under this key level during the current cycle, a sign that could be optimistic for BTC. Bitcoin Supply in Profit Has Remained Above 70% So Far In a CryptoQuant Quicktake post, an analyst has talked about the the recent trend in the Supply in Profit for Bitcoin.
Quantum computing research firm Project Eleven has launched a competition to see just how much of a threat quantum computing currently poses to Bitcoin.Launching the competition on April 16, Project Eleven said it is offering 1 Bitcoin (BTC) to whoever cracks the biggest chunk of a Bitcoin key using a quantum computer within the next year. Project Eleven said the purpose of the “Q-Day Prize” is to test “how urgent the threat” of quantum is to Bitcoin and to find quantum-proof solutions to secure Bitcoin over the long term.
A widely followed crypto analyst says one Solana (SOL) competitor may be gearing up for a breakout.
Bitcoin's demand is recovering, but ETF exits and miner actions threaten momentum.
Wholesale bitcoin selling is cooling but not vanishing, Cryptoquant researchers write, as data flags a market tilted toward broad caution.
Arthur Hayes, co-founder and CEO of BitMex, says China's response to President Trump's tariffs will trigger the Bitcoin (BTC) bull cycle. Several countries are adjusting to recent tariffs imposed by the United States, with a key focus on China and the European Union.
BlackRock's Bitcoin ETF is in the top 1% of performers in this category despite tariff chaos. Analysts theorize that the issuers are stabilizing Bitcoin's volatility, and the ETF market will make BTC more secure in the future.
Panama's largest city will allow its citizens to pay for taxes, tickets, fees and permits in Bitcoin, Ethereum, and stablecoins.
Family offices and professional investors are allocating spot Ethereum (ETH) and Bitcoin (BTC) exchange-traded products (ETPs) differently, with family offices demonstrating a relatively stronger preference for Ethereum. According to data compiled by Bitwise as of Dec. 31, 2024, family offices and trusts allocate 0.
Bitcoin is holding firm above the $82,000 level, showing resilience after weeks of volatility. However, the bulls have so far failed to reclaim the critical $88,000 resistance zone, and price action remains indecisive.
Gold price has heavily benefited from capital flight as investors flee from volatile stock markets amid global trade wars.
Bitcoin (BTC) remains under pressure as macroeconomic uncertainty continues to weigh on its price action. After making a strong bounce from the local bottom near $75,000 on April 7 and 9, analysts are beginning to question whether BTC could be gearing up for a reversal of the downward trend that's persisted since the start of the year.
Publicly listed Bitcoin miners sold over 40% of the collective coins mined in March, representing the largest monthly BTC liquidation for mining firms since October 2024 and reversing the post-halving trend of accumulating Bitcoin (BTC) for a corporate treasury strategy, according to TheMinerMag, which screened data from 15 publicly traded mining companies.The increased liquidations come amid widespread macroeconomic uncertainty in financial markets and the business sector, likely signaling that companies are selling their BTC to reduce shortfalls caused by the current economic climate. Mining firms offloading BTC to cover operational expenses contributes to selling pressure on the cryptocurrency, which can result in a price volatility.
A dangerous flaw in the Chinese-manufactured ESP32 chip affected billions of IoT devices and multiple crypto wallets. Security researchers demonstrated how attackers could extract private keys, forge signatures, and steal Bitcoin through weak random number generation and cryptographic operations, raising concerns about hardware security in blockchain devices. The post New ESP32 Chip Flaw Lets Hackers Steal Bitcoin Keys from Popular Wallets appeared first on Cryptonews.
Bitcoin continued to trade sideways on Wednesday, facing stiff resistance in the $86,000–$88,000 range.
Public bitcoin miners offloaded over 40% of their mined BTC in March, signaling renewed financial pressure amid low hash price and rising operational costs.
“The Q-Day Prize is designed to take a theoretical threat from a quantum computer, and turn that into a concrete model," CEO Pruden said.
Crypto analyst Titan of Crypto has predicted that a Bitcoin price breakout could happen soon. The analyst also revealed why $85,700 is the most critical level as the leading crypto tries to break out to the upside.
Bitdeer Technologies Group, a publicly listed company, is preparing to mine for Bitcoin. Previously, it focused on manufacturing mining equipment, but since the Trump tariffs, it will use the 90-day grace period for tariffs to buy up a large amount of mining equipment.
China is the second largest holder of bitcoin among countries, with about 194,000 bitcoins worth about $16.5 billion as of February 2025, just behind the United States, according to Bitcoin Treasuries tracked by BitBo. CoinDesk's Christine Lee explores how China's local governments are reportedly grappling with how to dispose of cryptocurrencies seized from illegal transactions on "Chart of the Day.
Panama City has embraced a new system for paying public services with Bitcoin, Ethereum, USDC, and USDT, using local bank partnership.
While markets nervously scrutinize the signals from the Federal Reserve, Michael Saylor, Executive Chairman of Strategy and a leading figure in Bitcoin maximalism, surprises everyone with a statement as enigmatic as it is calculated. On X, he posts a phrase: "Bitcoin is a chess game," accompanied by an AI-generated image of him posing in front of a chessboard.
US-based crypto trading platforms regaining influence over Bitcoin's (BTC) token transfer volumes could possibly kick-start a rally in the second half of 2025. Bitcoin researcher Axel Adler Jr pointed out that the "US vs.
Whales are making some major moves.
The U.S. central bank has been monitoring the impact of Trump's trade war on the labor market and consumer prices.
Bitcoin enjoyed a brief period of upward movement, pushing its price slightly above the $86,000 mark. Presently, the flagship asset appears to be losing its bullish momentum as it revisits levels below $84,000.