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Bitcoin News
Cryptopotato
2w
412
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Bitcoin Price Plummets to $82K in Reaction to Trump Tariffs
- Bitcoin prices dropped over 6% in reaction to trade tariffs imposed by US President Donald Trump.
- Crypto markets experienced a 4% decline, with total capitalization falling to $2.74 trillion.
- The tariffs announced by Trump impacted 185 countries, leading to significant market losses.
- Altcoins, including Ethereum, XRP, Binance Coin, and Solana, also suffered a downturn during this period.
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TronWeekly
2w
236
Image Credit: TronWeekly
Crypto Market Crashes as Trump’s Tariff War Escalates
- The crypto market plunged after Trump’s national emergency declaration and sweeping tariffs, with Bitcoin dropping to $82,876 and Ethereum falling over 6%.
- Panic selling ensued as the full tariff scope was revealed, resulting in a 5.3% drop in the total crypto market cap.
- The S&P 500 saw a $2 trillion loss, amplifying market uncertainty, with Bitcoin and Ethereum showing some recovery afterward.
- Cryptocurrency investors are now closely monitoring global economy and potential countermeasures from various countries.
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Coin Telegraph
2w
165
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US House committee passes stablecoin-regulating STABLE Act
- The US House Financial Services Committee has passed the Stablecoin Transparency and Accountability for a Better Ledger Economy (STABLE) Act.
- The bill aims to regulate payment stablecoins, ensuring issuers provide information about their business and how they back their tokens.
- The bill will now go to the House floor for a full vote.
- Another stablecoin-related bill, the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act, is also making its way through Congress.
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Livebitcoinnews
2w
112
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Crypto Traders Sell PlutoChain (PLUTO) To Back This New Viral Altcoin With Real World Utility Called Remittix
- Crypto traders are selling PlutoChain (PLUTO) to back a new altcoin called Remittix, which offers real-world utility.
- PlutoChain is facing bearish market challenges and uncertain growth prospects, with experts not expecting its token price to surpass $0.052 by April 16, 2025.
- Remittix, a DeFi company, aims to become a major market contender by 2025 by addressing global remittance inefficiencies through blockchain development.
- Remittix has achieved strong investor trust, raising over $14.2 million during its ongoing presale phase, and offers potential for significant market value growth.
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Cryptonews
2w
364
Image Credit: Cryptonews
BitBonds: How the US Government Could Buy Bitcoin – and Slash its Debt, According to the Bitcoin Policy Institute
- The Bitcoin Policy Institute has suggested a concept of ‘BitBonds’, whereby treasury bonds can be enhanced by Bitcoin.
- BitBonds have been touted as a strategy to help implement the US Strategic Reserve, where Trump signed an order to accumulate Bitcoin through revenue-neutral means.
- BitBonds would pay investors a fixed 1% annual interest, which is lower than the standard 4.5% expected return of Treasury bonds. However, investors would also benefit from the increase in Bitcoin’s price over time.
- BitBonds hold the potential to reduce borrowing costs, combat federal debt, stimulate the economy, and improve the affordability of housing. They could also potentially eradicate $50 trillion of US government debt by 2045.
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Coin Telegraph
2w
264
Image Credit: Coin Telegraph
Elon Musk’s Neuralink seeks patients globally to try its brain chips
- Elon Musk’s brain-chip company, Neuralink, is recruiting worldwide participants for its device that allows control of a computer using thoughts.
- Neuralink is specifically targeting quadriplegics to participate in the clinical trial for their brain implant technology.
- The trial, known as the PRIME study, has already enrolled three quadriplegics, who are testing the brain implant to control a computer or smartphone.
- Noland Arbaugh, the first Neuralink patient, reported no negative side effects after a year and is now using the brain implant for various activities.
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Cryptonews
2w
258
Image Credit: Cryptonews
Trump’s Global ‘Reciprocal’ Tariff Announcement Sends Crypto Reeling
- Bitcoin spiked then fell as Trump’s new tariffs, including a 10% baseline and steep increases on key imports, sparked market volatility.
- Higher tariffs are shaking global markets, with Dow futures dropping nearly 1,000 points.
- Under the new measures, Chinese imports will face a 34% tariff in addition to the previous 20%, raising the total levy on those goods to 54%.
- European leaders expressed dismay at the announcement, with Italy’s Prime Minister Giorgia Meloni warning that a trade war would ultimately weaken the West in favor of other global players.
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Cryptoticker
2w
384
Image Credit: Cryptoticker
Bitcoin and Crypto Markets Hit Hard as Trump’s Tariff Announcement Take Effect
- Bitcoin and the overall crypto market experienced significant turbulence as President Trump announced new tariff policies, impacting traditional and digital asset markets.
- Bitcoin initially tried to defend the $83,000 level but eventually dropped, briefly reaching $88,000 before falling back to $82,223.
- The announcement led to a 5% decline in the total market capitalization of cryptocurrencies, with Ethereum and Solana suffering greater losses.
- The imposition of tariffs created uncertainty and prompted investors to seek safer assets, such as gold, while analysts remain divided on Bitcoin's future reaction.
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Livebitcoinnews
2w
386
Image Credit: Livebitcoinnews
Keynote 3 Showcases BlockDAG’s Hybrid Model & $210.5M Presale Success as GRT Dips and TAO Eyes $734 Target
- The Graph enhances decentralized data access for blockchain programmers, while Bittensor develops a decentralized AI network supported by a community-driven model-sharing system.
- BlockDAG integrates Proof-of-Work with DAG technologies, allowing for high transaction rates without sacrificing decentralization.
- GRT's price has decreased but some analysts anticipate a recovery, estimating it could rise to $1.50 by late 2025.
- TAO trades at about $260.90 with a market cap of approximately $2.22 billion, and analysts predict it could reach up to $734.49 by the end of December 2025.
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Bitcoinsensus
2w
47
Image Credit: Bitcoinsensus
Trump’s Tariffs Erase $74B From Bitcoin’s Market Cap in Under an Hour
- Trump’s Liberation Day tariffs send shockwaves through financial markets, triggering a $74 billion Bitcoin market cap drop, $2.5 trillion erased from the S&P 500, and $220 million in crypto liquidations
- The Dow Jones futures plunge 1,100 points, while the Nasdaq 100 drops 900 points, marking one of the worst pre-market performances in recent history as investors scramble to reassess risk exposure
- Bitcoin flips bearish after trading at a 2% daily increase, now at a 2.25% deficit, with 153,807 traders liquidated in the past 24 hours, reflecting heightened volatility across digital assets
- Bitcoin's market cap drops $74 billion, Dow Jones futures plunge 1,100 points, Nasdaq 100 down 900 points, and $220 million in crypto liquidations triggered by Trump's Liberation Day tariffs
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Bitcoinsensus
2w
317
Image Credit: Bitcoinsensus
Why Mexico and Canada Were Spared From Trump’s ‘Liberation Day’ Tariffs
- Trump announced a major new tariff policy excluding Mexico and Canada due to the USMCA.
- Reciprocal tariffs for 60 'worst offenders' will take effect soon.
- Sector-specific tariffs will target semiconductors, pharmaceuticals, and critical minerals.
- The USMCA provides exemptions for USMCA-compliant goods from the earlier taxes imposed by Trump.
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Livebitcoinnews
2w
204
Image Credit: Livebitcoinnews
BlockDAG’s Keynote 3 Highlights How It Makes Crypto Accessible to Everyone! NEAR Climbs to $5.77B and Aptos Targets $15
- BlockDAG is aiming to make crypto accessible to everyday users through tools like X1 Miner App and simple token creation, bridging the gap for non-technical individuals.
- NEAR Protocol emphasizes growth through sharding and user-friendly features, experiencing substantial market cap growth and price increase, projecting a further rise.
- Aptos focuses on speed, security, and smart contract flexibility, exhibiting steady price growth, positioning itself as a strong player in the market.
- BlockDAG innovates with tools like X1 Miner App and TG Tap Miner game, simplifying crypto participation for over 800,000 users and aiding in NFT and crypto creation.
- BlockDAG's success is evidenced by the sale of over 19 billion BDAG coins and a presale that raised $210.5 million, showing substantial returns for early investors.
- BlockDAG's approach of simplicity, accessibility, and profitability is reshaping blockchain usage, attracting a broader audience to the crypto space.
- NEAR and Aptos excel in performance but lack ease of use for non-tech users, highlighting the importance of platforms like BlockDAG in achieving wider crypto adoption.
- BlockDAG's emphasis on user-friendliness and inclusive tools like mobile mining and no-code token creation positions it as a frontrunner in making crypto more widely accessible.
- With a focus on simplicity, accessibility, and profitability, BlockDAG is reshaping the narrative around blockchain usage, making it more inviting and user-friendly.
- For more information, interested individuals can check the presale at https://purchase.blockdag.network and visit the BlockDAG website at https://blockdag.network for further details on this groundbreaking approach to crypto accessibility.
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Coin Telegraph
2w
13
Image Credit: Coin Telegraph
Fidelity introduces retirement accounts with minimal-fee crypto investing
- Fidelity has introduced new retirement accounts that allow Americans to invest in crypto nearly fee-free.
- The accounts permit buying and selling of Bitcoin, Ether, and Litecoin, with a 1% spread on transaction execution.
- The crypto IRAs are offered by Fidelity Digital Assets, a subsidiary that traditionally serves institutional investors.
- This move may signal a broader acceptance of crypto in the US retirement account market.
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Coindoo
2w
204
Image Credit: Coindoo
Bitcoin’s Price Falls Bellow $85,000 After Trump’s Tariff Announcement
- Bitcoin's price fell below $85,000 after Donald Trump announced reciprocal tariffs on all countries.
- At the time of writing, Bitcoin is trading at around $84,600, reflecting a 3% decrease within the past hour.
- The broader cryptocurrency market also experienced a significant decline, with the total market capitalization falling by 1.25% to $2.71 trillion.
- Investors are closely monitoring the situation, assessing the potential long-term impact on both traditional and digital markets.
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Bitcoinist
2w
104
Image Credit: Bitcoinist
Bitcoin Enters Accumulation Phase – Spot Selling Fades And Funding Rates Turn Negative
- Bitcoin struggles to reclaim $86,000 resistance level, signaling bearish sentiment in the market.
- Funding rates on major exchanges turn negative, a potential signal for a price increase.
- Bitcoin faces a crucial test between strong support and key resistance, influenced by macroeconomic uncertainty.
- BTC holds at $85,000 with the need for bulls to defend this level and push above $88,000 to signal renewed strength.
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