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Bitcoin News
Coin Telegraph
2w
380
Image Credit: Coin Telegraph
How to sell crypto via MetaMask: A beginner’s guide to cashing out
- Not all tokens can be sold immediately, especially airdropped or obscure tokens that may lack liquidity or be scams.
- Swapping and bridging may be necessary to sell tokens via MetaMask, converting them to ETH or stablecoins and bridging to the Ethereum mainnet.
- MetaMask integrates fiat off-ramps, allowing users to sell ETH directly, but KYC with third-party providers may be required.
- Non-KYC and P2P options like Bisq or LocalCoinSwap exist for trading without ID, but caution is advised due to higher risks.
- Various ways may lead to having different cryptocurrencies in a MetaMask wallet, such as receiving tokens as payment or from DeFi activities.
- Before selling tokens on MetaMask, check if airdropped tokens can be sold, add missing tokens manually, and be ready to swap or bridge them for cash.
- Selling crypto via MetaMask involves using the application's Portfolio feature, choosing a payout method, comparing offers, and completing the sale process.
- Consider withdrawing crypto through centralized exchanges like Coinbase, ensuring KYC verification and paying attention to fees and withdrawal limits.
- Alternatively, peer-to-peer (P2P) trading on platforms like Binance can be done with KYC and escrow protection, providing a direct exchange with other users.
- For those seeking non-KYC options, decentralized P2P platforms like LocalCoinSwap or Bisq offer privacy-focused trading, but caution and due diligence are necessary.
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22 Likes
Blockonomi
2w
82
Image Credit: Blockonomi
Babylon Foundation to Airdrop 600 Million BABY Tokens to Early Bitcoin Stakers
- Babylon Foundation plans to airdrop 600 million BABY tokens to early supporters.
- The largest allocation, 335 million tokens, goes to Phase-1 Bitcoin stakers.
- The BABY token will be used for governance, transaction fees, and network security.
- Babylon previously raised $70 million to make Bitcoin the "backbone of proof-of-stake systems."
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4 Likes
Newsbtc
2w
282
Bitcoin On High Alert: US Recession Odds Top 50% On Kalshi
- The chances of a US recession have crossed 50%, putting Bitcoin on high alert.
- Following President Trump's new tariffs, leading economic trackers have raised their recession probabilities.
- Tariffs could lead to a potential $660 billion annual tax increase on Americans and add 2% to domestic inflation.
- Bitcoin's future is uncertain as market sentiment leans toward a recession, causing investors to reconsider their 'buy the dip' approach.
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16 Likes
Bitcoinist
2w
392
Image Credit: Bitcoinist
Bitcoin Joins The Game: Japanese Company Unveils Plans To Buy Crypto
- Japanese game developer, Enish, plans to buy Bitcoin worth 100 million yen to better understand blockchain technology.
- Enish aims to gain new insights for their technical teams and improve game development and overall business operations.
- The purchase will take place between April 1 and April 4, 2025, through normal market buys on Japanese cryptocurrency exchanges.
- Enish's move to buy Bitcoin aligns with their asset management strategy and follows the trend of other companies diversifying into Bitcoin.
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23 Likes
Blockonomi
2w
386
Image Credit: Blockonomi
Bitcoin-Native Startups See 27.5% Deal Growth Despite Capital Decline in 2024
- Bitcoin-native startup funding deals increased 27.5% in 2024 despite total capital falling 22.1%
- Pre-seed transactions grew by 50% while Series A deals rose 60% year-over-year
- Total funding for Bitcoin-native startups reached $234 million in 2024
- Bitcoin startups represent only 2.34% of crypto venture deals despite Bitcoin holding 62% market dominance
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Blockonomi
2w
160
Image Credit: Blockonomi
Trump Tariffs Impact Bitcoin Market as Analysts Predict $250,000 Price Target
- Trump's new tariffs are causing market uncertainty, but Arthur Hayes predicts it could benefit Bitcoin.
- Bitcoin needs to maintain a $76.5K support level until Tax Day on April 15, according to Hayes.
- Bitcoin experienced a 12% decline in Q1, its worst performance since Trump took office.
- Hayes forecasts Bitcoin could reach $250,000 by 2025 if the Fed adopts quantitative easing.
- Grayscale's ETF filing and Circle's upcoming IPO are significant institutional developments in the crypto space.
- New tariffs imposed by the Trump administration have led to initial market volatility.
- Hayes views the tariffs as potentially positive for Bitcoin, expecting global imbalances to be corrected with printed money.
- Bitcoin's price dropped since Trump's inauguration, currently trading around $83,000.
- The tough tariff on China could drive Chinese investors towards Bitcoin as a store of value.
- Hayes believes Fed easing and rate cuts are crucial for market recovery and Bitcoin's growth.
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9 Likes
Coindoo
2w
385
Image Credit: Coindoo
Crypto Company Ordered to Sell Bitcoin Amid Legal Battle
- A legal battle has placed severe financial restrictions on a crypto company, preventing it from raising funds and acquiring Bitcoin.
- The U.S. District Court for the Southern District of New York granted a preliminary injunction, blocking the company from generating revenue through stock sales.
- A Temporary Restraining Order (TRO) has been issued, forcing the company to liquidate its Bitcoin reserves.
- The legal battle and court order have led to a significant decrease in the company's Bitcoin reserves and stock value.
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23 Likes
Hackernoon
2w
43
Image Credit: Hackernoon
Bitcoin vs AI is a Good Fight for Bitcoin
- The potential battle between Bitcoin and AI is likened to a significant cyberspace showdown with global economic implications.
- Drawing parallels to the 'Kasparov vs The World' chess game, the article emphasizes the importance of human intellect over AI in strategic decision-making.
- It warns against incorporating AI-generated code in Bitcoin development, highlighting the risks of AI dominance in fundamental aspects like coding and software updates.
- The article delves into the power dynamics between AI and the state, illustrating how AI's capabilities can be exploited for centralized control and surveillance.
- Highlighting the significance of human data and financial resources as fuels for AI's operation, the article discusses the potential dangers of AI manipulation by powerful entities.
- Emphasizing the need to control AI's access to resources, particularly money, the narrative underscores the importance of leveraging Bitcoin's financial power to potentially counterbalance AI dominance.
- The article suggests that Bitcoin's significant financial backing over the years could provide leverage against AI's potential hegemony, advocating for strategic defunding of AI initiatives.
- Drawing a distinction between AI's need for data and money and Bitcoin's financial strength, the article proposes a strategic stance against feeding AI's resources.
- In discussing the dynamics between money and intelligence, the article implies that AI's success is limited without access to substantial financial resources like those embodied by Bitcoin.
- With a cautionary tone urging restraint in empowering AI excessively, the article portrays Bitcoin as a strategic asset in potentially mitigating AI's unchecked growth and control.
- Ultimately, the article paints a picture of a complex interplay between AI, money, and power, championing Bitcoin as a potential counterbalance to AI's escalating influence in various domains.
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2 Likes
99Bitcoins
2w
385
U.S. Court Blocks Singapore’s Genius Group from Expanding Bitcoin Holdings
- Singapore-based artificial intelligence company Genius Group has been temporarily barred from expanding its Bitcoin reserves following a U.S. court order.
- A New York District Court issued a preliminary injunction and temporary restraining order on March 13, restricting Genius Group from selling shares, raising capital, or purchasing additional Bitcoin.
- The court order is part of an ongoing legal dispute between Genius Group and Fatbrain AI, related to a merger and purchase agreement finalized in March 2024.
- The legal conflict has led to operational setbacks for Genius Group, including closing business units, halting marketing efforts, and selling some of its Bitcoin holdings.
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23 Likes
Coinjournal
2w
311
Pi Network token plunges 77% from peak, even as PiFest draws 1.8M users
- Pi Network's token, PI, has experienced a sharp downward trajectory, losing over 75% of its value since its February peak.
- Despite efforts to increase adoption, including the PiFest 2025 event, technical indicators and ongoing token unlocks are negatively impacting the cryptocurrency.
- Over 4.9 billion PI tokens are already in circulation, with an additional 126.6 million unlocked this month, contributing to the token's persistent downtrend.
- Technical indicators, such as the RSI below 20, suggest further downside for PI.
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18 Likes
Bitcoinchaser
2w
177
Image Credit: Bitcoinchaser
April Promos at Roobet: Win $1M+ with Easter Challenges & More!
- Roobet is offering over $1,000,000 in prizes during April with various Easter-themed challenges and promotions.
- The Easter Egg Hunt gives players a chance to find hidden eggs across six games for a share of the $30,000 prize pool.
- The Easter Target Challenge requires landing a 1,000x multiplier or higher on the featured slot game to be eligible for the $5,000 prize pool.
- Roobet is also hosting $30,000 prize drops and a $100,000 weekly raffle throughout April for additional chances to win big.
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10 Likes
Coindoo
2w
418
Image Credit: Coindoo
Crypto Market Update: Bitcoin Rises Amid Global Economic Uncertainty
- Bitcoin's price has increased by 1.23% in the past 1H and 0.97% in the past 24H.
- The global cryptocurrency market cap is $2.69 trillion, up 0.59% in the past 24H.
- Trump's new tariffs have caused volatility in traditional markets, with stocks and currencies experiencing declines.
- Bitcoin and other cryptocurrencies may emerge as attractive alternatives for investors amid global economic uncertainty.
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24 Likes
Pymnts
2w
380
Image Credit: Pymnts
Price Chaos Looms as Sweeping US Tariffs Upend Global Commerce
- Amid sweeping changes in global trade policies, US tariffs have brought uncertainty and volatility across various industries, affecting sectors like technology, automotive, and cryptocurrencies.
- The announcement of tariffs by President Trump led to a sharp market downturn, with companies reliant on imports such as Apple and Nike facing significant losses.
- Automotive companies are grappling with the impact of tariffs, leading to production halts, price increases for new vehicles, and strategic shifts in operations to mitigate the effects.
- Cryptocurrency stocks also experienced a decline following the tariff news, signaling potential instability in the sector despite some resilience against economic uncertainties.
- The pricing formula for tariffs has raised concerns about consumer costs, with estimates suggesting significant price hikes and reduced demand for imported goods in affected industries.
- Economists caution that previous tariff costs were mostly passed on to American consumers, highlighting the potential financial burden on households as prices surge across retail sectors.
- Consumer sentiment has been impacted by fears of rising prices, with concerns about the affordability of everyday goods and discretionary spending as tariffs reshape trade dynamics.
- Companies are adapting through supply chain adjustments and financing strategies to navigate the uncertain trade landscape and mitigate the immediate impact of rising costs on consumers.
- The potential for retaliatory tariffs adds further complexity for US firms reliant on international markets, underscoring the ongoing turbulence in the global commerce environment.
- The evolving situation signifies a significant shift in trade patterns and market dynamics, heralding a period of historic transformation with far-reaching implications for businesses worldwide.
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22 Likes
NullTX
2w
294
Image Credit: NullTX
Bitcoin Volatility Drops to 2.68%, Signaling Possible Calm Phase in the Market
- Bitcoin's volatility has dropped to 2.68% as of April 3, 2025, signaling a potential calm phase in the market, according to @coinglass_com data.
- Reduced volatility in Bitcoin often indicates a decline in speculative trading and retail enthusiasm, leading to a more stable market.
- The recent decrease in volatility may suggest a shift towards consolidation, with Bitcoin's price stabilizing within a narrower range.
- Macroeconomic factors like inflation, interest rates, and geopolitical events influence Bitcoin's price stability and volatility.
- Bitcoin's price tends to rise during economic uncertainty and fall when conditions stabilize, impacting its volatility.
- The current phase of reduced volatility in Bitcoin raises questions about whether it is entering an accumulation phase or gearing up for a significant price move.
- Low volatility can precede sharp price movements, potentially leading to a big rally or a significant drop in Bitcoin's price.
- Investors are advised to monitor economic indicators and cryptocurrency market conditions closely amidst the current low volatility.
- While Bitcoin's current price movements are calm, there is uncertainty about whether it signifies the calm before a storm or after a period of intense price fluctuations.
- The dip in Bitcoin's volatility to 2.68% indicates a shift in market conditions, prompting traders to reassess their positions and prepare for potential price movements.
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17 Likes
NullTX
2w
294
Image Credit: NullTX
Cryptocurrency Market Shifts: TON and BNB Lead Gains, DOGE and SOL Suffer Losses
- The cryptocurrency market has seen significant fluctuations over the last 30 days, with some assets experiencing notable gains while others suffer losses in the percentage of supply in profit.
- Leading the gains are Toncoin ($TON) and Binance Coin ($BNB), with a considerable increase in the portion of their circulating supply that is in profit.
- On the flip side, Dogecoin ($DOGE), XRP ($XRP), and Solana ($SOL) have witnessed declines in the percentage of their supply in profit, indicating challenges.
- Toncoin and Binance Coin show strong unrealized gains, reflecting market confidence and growth potential in these assets.
- In contrast, Dogecoin, XRP, and Solana face difficulties due to various factors affecting their profitability and market sentiment.
- Bitcoin and Ethereum have shown stability in the percentage of supply in profit, with Ethereum experiencing a slight decrease while Bitcoin remains relatively steady.
- The market presents a dynamic landscape with assets like Toncoin and Binance Coin standing out for their gains, while others like Dogecoin, XRP, and Solana undergo challenges.
- Understanding these market dynamics and underlying drivers are crucial for navigating the evolving crypto landscape and anticipating future trends.
- It remains essential to conduct thorough research before investing in cryptocurrencies or related services, given the volatility and uncertainties in the market.
- The crypto market's fluctuating nature underscores the need for vigilance and awareness to make informed decisions in the face of changing trends.
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