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news-imageApril 7, 2025

ETH/BTC Collapses Below 0.02

Ethereum (ETH), the flagship altcoin, has now plunged to its lowest level against Bitcoin (BTC) since February 2020.
Publisher: UToday
Sentiment: Negative
BTC
ETH

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Neutral
cover-imageCointelegraph
April 7, 2025

Michael Saylor's Strategy halts Bitcoin buys despite dip below $87K

Michael Saylor's firm Strategy, the world's largest publicly listed corporate holder of Bitcoin, did not add to its BTC holdings last week as the cryptocurrency's price dipped below $87,000.In a filing with the US Securities and Exchange Commission on April 7, Strategy announced it made no Bitcoin (BTC) purchases during the week of March 31 to April 6. The decision followed a week of heightened market volatility, with BTC surging to as high as $87,000 on April 2 after starting the week at around $82,000, according to data from CoinGecko.

Negative
cover-imageCointribune
April 7, 2025

Bitcoin's Free Fall: 5 Key Factors To Understand The Current Crisis

Bitcoin, often regarded as a safe haven against the volatility of traditional markets, finds itself this week caught in a global storm fueled by trade tensions between the United States and the rest of the world. Following a series of economic shocks, some analysts do not hesitate to compare the current situation to a Black Monday 2.0.

Neutral
cover-imageCointelegraph
April 7, 2025

ZKasino scammer loses $27M as Ethereum price drops

A wallet linked to the $40 million ZKasino scam lost more than $27 million after a leveraged position was liquidated, marking what some in the crypto community are calling a dose of karmic justice.ZKasino launched in April 2024, luring investor capital by promising an airdrop of its native token to users who bridged Ether (ETH) to the platform. However, instead of returning the funds, ZKasino transferred around $33 million in user ETH to the staking protocol Lido Finance.

Negative
cover-imageBenzinga
April 7, 2025

Bitcoin, Ethereum, XRP, Dogecoin Obliterate $1.42 Billion In Liquidations, Plummet Up To 16%

The cryptocurrency market experienced a staggering $1.42 billion in liquidations over the past 24 hours, driven by a sharp decline in major digital assets following President Donald Trump's tariff policies and a broader market sell-off. What Happened: Bitcoin (CRYPTO: BTC) fell 7.5%, currently trading at around $76,650, while Ethereum (CRYPTO: ETH) dropped 17%, XRP (CRYPTO: XRP) 15%, and Solana (CRYPTO: SOL) and Dogecoin (CRYPTO: DOGE) both shed 16%.

Positive
cover-imageAltcoin Buzz
April 7, 2025

New BIP Proposes Quantum-Resistant Bitcoin Protection

As developer Agustin Cruz suggests a bold solution to protect Bitcoin from the looming threat of quantum computing. The proposal, titled “Quantum-Resistant Address Migration Protocol” (QRAMP), aims to safeguard Bitcoin by requiring users to migrate their funds to quantum-resistant wallets.

Negative
cover-imageBenzinga
April 7, 2025

Millionaire Crypto Trader Reacts To Bitcoin Mega-Crash: 'You Have Only One Job Here: Survive'

Following Bitcoin‘s (CRYPTO: BTC) fall of over 7% on Monday morning, prominent millionaire cryptocurrency trader Unipcs has urged his followers not to panic or exit positions at these levels, despite the widespread fear driven by geopolitical and economic tensions. What Happened: The trader took to X on Monday to acknowledge that fear is running high, but emphasized that the current market isn't as bleak as the COVID crash, which was followed by one of the strongest bull runs in history.

Negative
cover-imagePYMNTS
April 7, 2025

Bitcoin Price Sinks Amid ‘Tariff-Driven Pullback'

Cryptocurrency prices sank early Monday (April 7) in Asia, collateral damage in America's trade war. According to a Bloomberg News report, Bitcoin lost around 7% of its value Sunday (April 6) night into Monday morning in Singapore, hitting a low of $77,077.

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