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news-imageApril 23, 2025

US Commerce Secretary's Son Leads $3 Billion Bitcoin Venture with SoftBank, Tether, and Bitfinex

According to the latest reports from the Financial Times, Cantor Fitzgerald, a financial services company led by Brandon Lutnick, son of US Commerce Secretary Howard Lutnick, is working with SoftBank, Tether, and Bitfinex to form a Bitcoin (BTC) investment vehicle with a scale of over $3 billion.
Publisher: BeInCrypto
Sentiment: Positive
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cover-imageCointelegraph
April 23, 2025

$635M liquidated in 24H as trader predicts $100K Bitcoin short squeeze

Crypto markets faced a sharp wave of liquidations over the past 24 hours, with total losses reaching $635.9 million, according to market data. The majority of the liquidations (over $560 million) came from short positions, signaling growing pressure on bearish traders.Bitcoin (BTC) led the liquidation charts, with $293 million in short positions wiped out as BTC surged past $94,000, marking a 6.29% gain within a day, according to CoinGlass data.

Positive
cover-imageCoinPedia
April 23, 2025

Will Bitcoin Price Hit $100K This Week or Crash Again?

Bitcoin has re-entered bullish territory, surging above the $93,000 mark, as its price continues to climb, confirming a powerful upside trend. This move aligns with 10x Research's prediction, which turned bullish on April 12. Since then, BTC has gained over 10%, with the next key resistance level between $94,000 and $95,000.

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cover-imageNewsBTC
April 23, 2025

Bitcoin Spot Volume Nearly Triples As BTC Breaks $91,000

On-chain data shows the Bitcoin spot market hasn't been left behind during the latest price rally as its volume has registered a large increase. Both Bitcoin Open Interest & Spot Volume Have Shot Up In a new post on X, the on-chain analytics firm Glassnode has discussed about the latest trend in the Bitcoin Open Interest.

Positive
cover-imageCointelegraph
April 23, 2025

Bitcoin ETFs log $912M inflows in ‘dramatic' investor sentiment boost

Investments in Bitcoin exchange-traded funds (ETFs) have rebounded to levels last seen in January, signaling a recovery in investor sentiment from concerns around global trade tariff escalations.US spot Bitcoin (BTC) ETFs had over $912 million worth of cumulative net inflows on April 22, marking their highest daily investment in more than three months since Jan. 21, Farside Investors data shows. Bitcoin ETF Flow, millions.

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cover-imageNewsBTC
April 23, 2025

Bitcoin Regains $90K With Funding Rates Indicating Momentum Toward $93K

Bitcoin has finally reclaimed the psychologically $90,000 level once again following a recent period of significant correction that brought it to trade as low as $74,000 in recent weeks. So far, BTC has now steadily rebounded, rising by 13.1% in the past two weeks to currently trade at $90,279, marking a 3.3% increase in the past day.

Positive
cover-imageBitcoin
April 23, 2025

Bitcoin Reclaims $94,000, Rising 6.2% in 24 Hours

Bitcoin ( BTC) has reclaimed the $94,000 price level, rising 6.2% in the last 24 hours and 12.9% over the past week. This increase reflects a positive shift in market sentiment as the top cryptocurrency continues to attract attention from investors as digital gold.

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