Charles Hoskinson, founder of Cardano and co-creator of Ethereum, told CNBC that Bitcoin could hit $250,000 either by the end of 2025 or possibly even before the year is out.
The tariff war, initiated by President Trump, escalated quickly. However, with a 90-day tariff pause, financial markets recovered swiftly.
As global markets reel from Trump's new “Liberation Day” tariffs and a sudden liquidity crunch, the crypto market is undergoing one of its most severe drawdowns since 2020. While Bitcoin has managed to hold relatively better ground, Ethereum is facing sharper losses.
Despite mounting global trade tensions and economic uncertainty, institutional crypto investment firm Bitwise remains confident in its bold year-end Bitcoin forecast. The post Bitwise Sticks to $200K Bitcoin Price Target Despite Rising Global Tensions appeared first on Cryptonews.
Bitcoin jumps 7% to $82,000 as Trump pauses tariffs for most nations except China, while the broader crypto market follows suit.
The total crypto market cap is up by over $100 billion daily.
A volume drop of such magnitude suggests traders and investors are losing interest or confidence, possibly due to uncertainty, fear, or waiting for better conditions.
The global financial market got a much-needed relief after U.S. President Donald Trump announced a 90-day pause on import duties for most countries, except China. Following the news, Bitcoin's price shot up by 7% in a single day, reaching $82,000, while other U.S. stocks & mining firms even joined the rally.
Institutional crypto investment firm VanEck has stated that China and Russia are reportedly settling some energy transactions in Bitcoin.
Bitcoin is making headlines not just for its price movement but for what's happening behind the scenes. In the days leading up to the U.S. Consumer Price Index (CPI) release on April 10, crypto investors have moved a huge amount of Bitcoin over 22,000 BTC worth $1.82 billion into Binance.
Cardano founder Charles Hoskinson says Bitcoin could reach $250,000 by this year or next, driven by big tech adoption and clearer crypto regulations. The post Charles Hoskinson Predicts Bitcoin Could Hit $250,000 as Tech Giants Eye Stablecoins appeared first on Cryptonews.
The withdrawals took place even as prices zoomed higher alongside a risk-reset on Wall Street.
The plan is expected to help the country overcome the challenge of having leftover energy amid high electricity tariffs.
Bitcoin spot ETFs recorded another session of outflows on Wednesday, marking the fifth consecutive day of capital withdrawals.
The American markets experienced a spectacular turnaround this Wednesday, April 9, leading to a surge in bitcoin-related stocks. The cause: the 90-day pause on tariffs announced by President Donald Trump.
Crypto community fired back at Schiff, dismissing his gold-first argument.
The US stock market rebounds; the Dow Jones surges 6.7% in a single day as President Trump raises China's tariffs to 125% and pauses tariffs on other countries for 90 days that have reached out to negotiate.
Yesterday, the price of Bitcoin (BTC) returned above 80,000 USD. However, one must not get caught up in easy enthusiasms, because it could also be a case of a false restart.
Crypto markets have seen a significant recovery bounce today as Donald Trump's trade tariffs are put on ice temporarily.
The global tariff war sparked by US President Donald Trump's blanket 10% tariff on all countries – effective April 5 – continues to escalate, sending shockwaves through global markets. In a sharp retaliation, China has announced an 84% tariff on US imports, following Washington's move to increase tariffs on Chinese goods to 104%.
Trump's pause on most tariffs sent U.S. stocks rallying, with the Nasdaq recording its best day since January 2001.
Institutional crypto investment firm Bitwise has doubled down on its big Bitcoin price prediction for this year despite escalating global trade tensions.“In December, Bitwise predicted that Bitcoin would end the year at $200,000.
Price charts of major tokens flash bullish signals after a prolonged battering.
April 10, 2025 05:32:56 UTC Bitcoin Price Today BTC price today is up 7.77% since yesterday, claiming a hold at $82,068.39; this bullish move came as the Trump tariff saw a 90-day halt on most countries. Marketeres seized the opportunity, and as a result, the trading volume shot up an impressive 43.98% to $77.87 billion.
The CEO of Westpac's apology comes as the Australian government moves to address debanking concerns for individuals.
The crypto market just got a surprise boost—thanks to Donald Trump. In a sudden policy flip, Trump paused the global tariff war for 90 days, sending shockwaves through financial markets. Cryptocurrencies responded fast, with major coins like Bitcoin, Ethereum, and XRP all soaring.
Bitcoin has felt the impact of the ongoing global tariff tensions, with little to no upward momentum. The asset appears to have paused its bull run, dampening investor expectations for a near-term recovery.
Thursday's jump came as Trump paused higher tariffs on all countries, except China, where he increased the levy to 125%, amid mounting concerns from global leaders and recession fears.
Crypto markets bounced sharply after Trump paused new tariffs, with Bitcoin up 8.5% to $81.7K, Ethereum up 13.4%, and altcoins posting strong gains. The post BTC Tops $82K as ETH and XRP Jump 13% on Trump's Tariff Pause appeared first on Cryptonews.
Trump pauses tariffs for 75+ countries for 90 days, but hikes China tariffs to 125%. U.S. stock market adds $4T in minutes; S&P 500 up nearly 7%.
Global markets and cryptocurrencies saw a strong rebound today after President Donald Trump announced a temporary pause on tariffs for most countries—except China—for a period of 90 days. The move has injected fresh optimism into markets that have been weighed down by ongoing trade tensions and economic uncertainty.
Bilal Bin Saqib, the Council's head and advisor to the finance minister said that Pakistan has been in talks with several Bitcoin mining firms. The post Pakistan Plans to Utilize Part of Surplus Electricity for Bitcoin Mining: Report appeared first on Cryptonews.
Bitcoin inflows into crypto exchange Binance have surged over the past two weeks amid uncertainty over US President Donald Trump's tariffs and the upcoming US Consumer Price Index (CPI) results, says an analyst.However, another analyst argued that while it could signal an impending sell-off, it might also indicate a bullish trend. Investors are “actively moving funds to Binance” CryptoQuant contributor Maarten Regterschot said in an April 9 post that Binance's Bitcoin (BTC) reserve increased by 22,106 BTC, worth $1.82 billion, over the last 12 days to a total of 590,874 BTC.
A high-stakes lawsuit demands the U.S. government release buried documents revealing bitcoin's true creators, after claims of a secret DHS interview with Satoshi Nakamoto. Satoshi Nakamoto Unmasked? DHS Accused of Hiding Explosive Bitcoin Founder's Interview Attorney James Murphy has filed a lawsuit in the U.S.
Bitcoin is currently trading at $76,899, marking a 3.7% decline in the past 24 hours and a 29.4% drop from its all-time high above $109,000 recorded in January. After falling below $80,000 on Sunday, the digital asset has struggled to reclaim upward momentum, reflecting persistent selling pressure in the broader crypto market.
Bitcoin rallied above $84,000 on Wednesday, jumping more than 8% within hours of Donald Trump's surprise rollback of global tariff plans. The surge appears to validate BlackRock CEO Larry Fink's Monday prediction that the looming economic uncertainty could create an attractive entry point for long-term investors.
Bitcoin must reclaim $80K to spark a rally, but weakening fundamentals demand caution.
Bitcoin price started a fresh increase above the $80,000 zone. BTC is now consolidating gains and might correct some to test the $80,500 zone.
On Tuesday, investors withdrew $326 million from U.S. spot Bitcoin exchange-traded funds (ETFs), marking the largest single-day outflow since March 11.
Ethereum has underperformed Bitcoin on 85% of all trading days since it launched in 2015.
Bitcoin is increasingly being used in international trade, particularly by countries looking to avoid U.S.-controlled financial systems.
XRP rebounded as Trump's tariff policy shift boosted risk appetite. Traders await SEC's next move and a potential appeal withdrawal.
Since Bitcoin failed to hold above the $100,000 psychological barrier earlier this year, its bullish momentum has gradually unraveled. The pullback has deepened over the past two months, with Bitcoin trading between $75,000 and $79,000 in April.
The liquidation heatmap suggested that consolidation could occur over the next week or two.
Strategy, the software company led by Michael Saylor, might need to sell some of its massive Bitcoin holdings to pay its bills. The company revealed this possibility in a regulatory filing on April 7, saying that without new financing, it could be forced to sell Bitcoin to cover financial obligations.
Rumors have been circulating that Strategy will be forced to liquidate its Bitcoin reserves if the price keeps dropping. The specific fears have been overstated, but the fundamental idea might be essentially true.
Since donations are tax deductible, the WFP noted, they enable crypto investors to offset capital gains.
Pakistan will allocate excess electricity from its national grid to Bitcoin (BTC) mining operations and artificial intelligence (AI) data centers, according to the country's Crypto Council and finance ministry adviser Bilal Bin Saqib.