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Bitcoin News
Bitcoinsensus
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April’s 1st Week ICOs: GNZ, AAA, ADN, HBURN, and WIZDOG
- GNZ from Genezys is a decentralized platform for sports fans offering game cards, web3 fan card collections, and trading card fantasy games. GNZ token aims to provide unique rewards and events.
- AAA by Arcadia Finance aims to bridge the gap between different DEX ecosystems. The Liquidity Management Layer (LML) provided by AAA helps in managing and leveraging liquidity across DEXs.
- ADN by Aiden Labs brings AI capabilities to decentralized finance. It offers a versatile platform for content data analysis, automation, generation, and triggering, along with AI agent capabilities.
- HBURN by HashBurn merges GameFi, DeFi, and DAO. The token aims to incentivize developers and users, bringing the elements of decentralized finance to the gaming industry.
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Bitcoinmagazine
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Rhode Island Bill Would Allow State Residents Spend $10,000 Monthly In Bitcoin Tax Free
- The bill is seen as a way to stimulate economic growth and reduce friction for digital asset payments.
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Pymnts
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Cryptocurrencies and Crypto-Linked Stocks Slump Amid Traders’ Concerns About Economy
- Cryptocurrencies and crypto-linked stocks have slumped amid traders’ concerns about the economy and global trade war.
- Bitcoin has lost over 10% of its value and Ether has lost over 45% since the beginning of the quarter.
- Stocks such as Coinbase, Riot Platforms, Core Scientific, and Galaxy Digital have fallen below their Election Day values.
- Traders' concerns about the economy have also impacted the S&P 500 Index, possibly leading to its worst quarter since mid-2022.
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Crypto-News-Flash
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8
Image Credit: Crypto-News-Flash
MicroStrategy Adds 22,048 BTC at $86,969 Each—Total Bitcoin Stash Hits 528K!
- MicroStrategy, now rebranded as Strategy, has added 22,048 BTC to its holdings.
- The latest purchase was funded through stock sales, generating over $1.2 billion.
- With this addition, Strategy now holds a total of 528,185 BTC, over 2.5% of Bitcoin's total supply.
- Strategy's long-term financial strategy aims to raise $42 billion for further Bitcoin acquisitions.
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Bitcoinmagazine
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Image Credit: Bitcoinmagazine
The MIT Bitcoin Expo 2025: Freedom Tech
- The MIT Bitcoin Club is hosting the 12th annual MIT Bitcoin Expo on April 5-6, 2025.
- The event focuses on exploring the role of Bitcoin and freedom technologies in empowering individuals globally.
- Speakers will discuss Bitcoin's resistance to authoritarian control, real-world escape from oppression, and the importance of freedom tech.
- The expo includes presentations, panels, and a hackathon, providing opportunities for learning and networking with industry leaders.
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Coin Telegraph
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380
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‘Contrary to popular belief,’ regulation isn’t slowing tokenization — Prometheum CEO
- The biggest hurdle to broader adoption of tokenized real-world assets (RWAs) is a lack of dedicated secondary markets for buying and selling tokenized securities.
- Regulatory clarity is not the main obstacle to tokenizing funds, as the US Securities and Exchange Commission (SEC) provides a regulated framework for issuing blockchain-native funds.
- The limited market infrastructure for delivering tokenized securities trading to a broad investor base is the real bottleneck.
- The growth of tokenized RWAs has been rapid, with the value reaching $19.5 billion over the past 30 days.
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Crypto-News-Flash
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Crypto Volatility Ahead? 5 Key Economic Events to Watch Closely
- Five major US events, including the Liberation Day and the Initial Job Claims, are expected to impact the crypto market in the coming week.
- Unemployment insurance claims below the 224,000 reading could affect the US Dollar and increase demand for Bitcoin.
- Analysts highlight five key US events that could change the direction of the market or force a bearish extension.
- The events to watch closely include the ADP Employment Report, JOLTS, Initial Jobless Claims, Non-Farm Payrolls, and Liberation Day.
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Coinpedia
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Image Credit: Coinpedia
Dogecoin is Facing Rising Bearish Threat as It Drops Toward $0.16: Will Buyers Bounce Back?
- Dogecoin has experienced a significant decline following a statement from Elon Musk clarifying that the U.S. government does not intend to adopt Dogecoin.
- Dogecoin saw over $9 million in total liquidations, with $6.5 million from buyers closing long positions and $2.55 million from sellers ending their positions.
- Dogecoin's open interest fell by 1.44%, dropping to around $1.6 billion after Elon Musk's clarification.
- Dogecoin's price has dropped below the EMA20 trend line, indicating a bearish sentiment, with a potential retest of $0.143 support level.
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Pymnts
3w
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Trump Brothers Help Launch Crypto-Mining Venture American Bitcoin
- The Trump family is teaming with bitcoin mining firm Hut 8 to launch American Bitcoin Corp.
- Eric Trump and Donald Trump Jr. are backing the company, focusing on Bitcoin mining and strategic Bitcoin reserve development.
- Hut 8 contributed the bulk of its ASIC miners in exchange for an 80% stake in the company.
- This is the latest crypto-related venture by the Trump family, following their embrace of the crypto sector last year.
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Crypto-News-Flash
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Image Credit: Crypto-News-Flash
Crypto & Stocks in Sync? Bitcoin Faces Death Cross Alongside Equities
- Bitcoin and major US Equity Indices like Nasdaq and S&P 500 are forming a death cross, indicating potential price declines.
- Bitcoin's price has dropped 5.9% this week, reaching $82k, while the broader crypto market and US Equity Indices are also facing bearish pressure.
- Renowned trader Peter Brandt predicts that Bitcoin could fall to $65,635 due to a bear wedge breakdown, but urges monitoring of charts for further confirmation.
- Long-term projections suggest a potential shift from trading desks to corporate treasuries, with some experts expecting Bitcoin to become a significant asset for many companies.
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Coin Telegraph
3w
0
Image Credit: Coin Telegraph
Bitcoin trader issues ‘overbought’ warning as BTC price eyes $84K
- Bitcoin (BTC) experienced a slight increase as traders remained cautious about the short-term price outlook.
- Bitcoin's RSI suggests a potential bearish continuation, with a forecasted return to levels closer to $80,000.
- Several BTC price metrics indicate a lackluster phase of the bull market and the possibility of a continued correction.
- Bitcoin's first quarter of 2025 is reported to be the worst in years, with resistance at $89,000 and a growing correlation with US stocks.
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Crypto-News-Flash
3w
122
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Turn $1M in XRP Into Lifetime Wealth—Expert Explains How
- XRP is recognized as a potential cryptocurrency to generate wealth.
- Investors are advised to structure their finances and diversify their investments.
- Moving long-term crypto to cold storage and earning yield through staking are recommended.
- Utilizing tax-efficient structures and creating a business are advised to protect and grow wealth.
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Newsbtc
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BNB Breaks Below $605 As Bullish Momentum Fades – What’s Next?
- BNB breaks below $605 support level, raising concerns about a trend reversal.
- Technical indicators indicate increasing bearish pressure and weakening momentum.
- If sellers maintain control, BNB could decline further towards $531 and $500 support levels.
- For a rebound, BNB needs to stabilize above $530 and reclaim $605 level with strong buying momentum.
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TheNewsCrypto
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Image Credit: TheNewsCrypto
Trump Family Expands Crypto Push With New Bitcoin Mining Venture
- The Trump family expands its crypto involvement with Bitcoin mining.
- Hut 8 owns 80%, supplying mining machines and hosting operations.
- Eric Trump and Donald Trump Jr. partnered with Hut 8 to launch American Bitcoin, a U.S.-based mining firm.
- Eric Trump plans to build a Bitcoin reserve and potentially take American Bitcoin public.
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Coindoo
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Image Credit: Coindoo
Goldman Sachs Predicts U.S. Economic Slowdown: What About Bitcoin?
- Goldman Sachs has revised its GDP growth forecast down to 1.5% for the U.S., while projecting inflation could rise to 3.5%.
- Tariffs on global trade are escalating, which includes 20% tariffs on imports from over 25 countries.
- Canada, China, the European Union, and Mexico are preparing retaliatory measures, contributing to economic uncertainty.
- Bitcoin (BTC) has wrapped up its worst Q1 performance since 2018, and analysts see further challenges ahead.
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