menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Bitcoin News

Bitcoin News

source image

Bitcoinist

1w

read

134

img
dot

Image Credit: Bitcoinist

Over 85% Of Bitcoin Holders Still In Profit Despite Tariff-Driven Correction – Resilience On Display

  • Over 85% of Bitcoin holders still in profit despite the tariff-driven correction.
  • Bitcoin's resilience and long-term holder confidence highlighted as over 85% of Bitcoin holders remained in profit.
  • Bitcoin faces a critical resistance zone around $88,700, reclaiming which would confirm a more sustained recovery.
  • BTC price holds $80K, but resistance mounts at $83.5K.

Read Full Article

like

8 Likes

source image

Coindoo

1w

read

180

img
dot

Image Credit: Coindoo

President Trump Makes History With First Crypto Bill Signing

  • President Trump has made history by signing the first crypto bill into law.
  • The bill overturns the IRS's revised crypto tax reporting rule, which aimed to include decentralized finance (DeFi) exchanges.
  • The cryptocurrency industry strongly criticized the rule, highlighting the unique structure of DeFi platforms that make it difficult to comply with reporting requirements.
  • With the bill signed, the crypto industry has halted the expansion of the IRS's definition of brokers, benefiting DeFi platforms and other stakeholders.

Read Full Article

like

10 Likes

source image

Blockonomi

1w

read

234

img
dot

Image Credit: Blockonomi

Pakistan to Use 10GW Surplus Electricity for Bitcoin Mining Operations

  • Pakistan is exploring ways to allocate its surplus electricity to Bitcoin mining, according to Bilal bin Saqib, the head of Pakistan’s Crypto Council and advisor to the finance minister.
  • The government is in discussions with mining firms to utilize the excess power, with the location of the mining centers determined by regions with available surplus power.
  • Pakistan is in the top 10 global crypto adopters, with an estimated 15-20 million crypto users and a ranking as the third-largest global freelancer economy.
  • Changpeng Zhao, founder of Binance, will serve as a strategic advisor to the Pakistan Crypto Council, supporting blockchain infrastructure development and advising on regulatory frameworks.

Read Full Article

like

14 Likes

source image

TheNewsCrypto

1w

read

381

img
dot

Image Credit: TheNewsCrypto

Bitcoin Bonds Explained: The Key Driver to Bitcoin Price in the Post-Era of Trump’s Tariffs

  • Bitcoin Bonds, proposed by the Bitcoin Policy Institute, combine traditional bond features with cryptocurrency, offering 1% fixed yield plus Bitcoin price gains to finance projects and reduce U.S. debt.
  • BitBonds allocate 90% for government operations and 10% for Bitcoin purchases, providing 1% annual interest and up to 4.5% compounded Bitcoin returns.
  • By increasing Bitcoin demand and legitimizing crypto with government support, BitBonds could elevate prices despite tariff pressures and reshape the post-tariff financial environment.
  • In the face of Trump's tariff policies causing significant market fluctuations, the proposal for Bitcoin Bonds presents a potential solution to address economic challenges.
  • Bitcoin Bonds could establish a historic government endorsement of cryptocurrency, potentially attracting institutional investors and fueling price growth.
  • With hypothetical $1 trillion BitBonds issuance, $100 billion allocated for Bitcoin could enhance demand and drive prices.
  • BitBonds combine traditional bonds' stability with Bitcoin's growth potential, appealing to investors seeking fixed income and crypto exposure.
  • Bitcoin Bonds offer investors fixed interest rates and a share of Bitcoin price appreciation, aiming to balance stability and growth.
  • Issued by governments or corporations, BitBonds allocate a portion of proceeds for Bitcoin purchases, presenting an innovative investment avenue.
  • Bitcoin Bonds aim to lower U.S. borrowing costs and create a strategic Bitcoin reserve, aligning with modern financial trends and addressing fiscal challenges.

Read Full Article

like

22 Likes

source image

Bitcoinist

1w

read

113

img
dot

Image Credit: Bitcoinist

BREAKING: Trump Signs Bill To Kill IRS Crypto Broker Expansion

  • United States President Donald Trump has signed a law to overturn an IRS rule mandating decentralized crypto exchanges to comply with broker reporting obligations.
  • The bill nullifies a Biden-era regulation and was passed using the Congressional Review Act.
  • The revised IRS rule had been criticized by the cryptocurrency industry, as it imposed unrealistic compliance obligations on decentralized finance platforms.
  • The signing of the bill aligns with Trump's campaign promise to be pro-cryptocurrency and support the industry.

Read Full Article

like

6 Likes

source image

Cryptoticker

1w

read

151

img
dot

Image Credit: Cryptoticker

Bitcoin's Next Move After 145% Tariffs

  • Bitcoin price is facing uncertainty and volatility as global geopolitics, particularly US-China trade tensions, affect the cryptocurrency market.
  • While Bitcoin has seen brief price spikes, market sentiment remains cautious as investors are uncertain about the impact of the trade war.
  • The daily chart shows that Bitcoin is in a holding pattern, with the price consolidating around $80,400, and resistance from the 20-day SMA and 50-day SMA.
  • In the short term, Bitcoin's hourly chart suggests a potential rebound, with the price reclaiming key moving averages. However, lack of conviction from institutional investors is a red flag.

Read Full Article

like

9 Likes

source image

Crypto-News-Flash

1w

read

285

img
dot

Image Credit: Crypto-News-Flash

Crypto Forecast: BTC, ETH Under Pressure While XRP Offers Hope

  • Bitcoin (BTC) is expected to return to the $85k level in the short term but may face another downtrend to $73k.
  • Ethereum (ETH) and XRP are trying to maintain their current levels and avoid further decline.
  • The total crypto market has lost 1.14% of its valuation, standing at $2.57 trillion.
  • XRP's price is showing strength, with analysts suggesting it could rise to $2.2 in the short term.

Read Full Article

like

17 Likes

source image

Livebitcoinnews

1w

read

180

img
dot

Image Credit: Livebitcoinnews

Massive Upside Ahead-3 Best Cryptos to Invest in for Short Term Right Now

  • Crypto markets are active with buyers looking for short-term plays amidst blockchain projects gaining traction and inflation concerns easing.
  • Qubetics stands out for its Non-Custodial Multi-Chain Wallet addressing simplicity and real-world utility, appealing to various users like businesses and content creators.
  • The Qubetics $TICS token presale is gaining momentum, offering potential short-term and long-term returns with real-world application.
  • Stellar (XLM) offers fast, cost-effective cross-border payments with increasing on-chain activity and usage, making it attractive for short-term investment.
  • Celestia (TIA) excels in modular blockchain architecture, focusing on data availability for dApps, showing bullish signs and developer interest.
  • These three cryptos are highlighted for their current usage, utility, and growth potential, making them strong contenders for short-term investments.
  • Qubetics, Stellar, and Celestia are actively building real-world solutions, with Qubetics leading in wallet functionality and presale progress.
  • For those seeking short-term gains in the crypto market, Qubetics, Stellar, and Celestia offer promising opportunities backed by their practical applications.
  • Investors are urged to conduct further research and due diligence before making any investment decisions in cryptocurrency.
  • Qubetics, with its functional wallet and ongoing presale, Stellar as a payment powerhouse, and Celestia's innovative blockchain architecture, present viable options for short-term investments.
  • Disclaimer: The information in the article is a paid post and should not be considered as financial advice. LiveBitcoinNews holds no responsibility for any losses incurred due to the content mentioned.

Read Full Article

like

10 Likes

source image

Blockonomi

1w

read

251

img
dot

Image Credit: Blockonomi

Bitcoin (BTC) Price: Recovers to $80,680 Following Dip to $74,000 Amid Tariff Announcements

  • Bitcoin price experienced a rebound above $80,000 after dipping to $74,500
  • Roughly $2.26 billion in Bitcoin options expired on April 11 with a balanced mix of bearish and bullish positions
  • U.S.-China trade tensions impacted crypto markets after tariff announcements
  • Whales and sharks have begun accumulating Bitcoin again, with 132 new wallets holding over 10 BTC added in 24 hours

Read Full Article

like

15 Likes

source image

Newsbtc

1w

read

138

img
dot

Image Credit: Newsbtc

Ethereum Nears ‘Critical Zone’ Historically Linked To Market Bottoms – Is A Rebound Incoming?

  • Ethereum (ETH) is approaching a critical demand zone historically linked to market bottoms.
  • The -1 standard deviation pricing band for ETH is around $1,387, and the current price is $1,553.
  • Recent on-chain metrics suggest ETH may be undervalued at its current price.
  • However, a dormant ETH whale dumped 10,702 ETH after nearly two years of inactivity, indicating weakening confidence.

Read Full Article

like

8 Likes

source image

Bitcoinist

1w

read

58

img
dot

Image Credit: Bitcoinist

Bitcoin Hashrate Hits Record High Amid Price Slide – Is BTC Undervalued?

  • Bitcoin's hashrate and mining difficulty are reaching new all-time highs, despite a decline in price.
  • The slump in Bitcoin's price is attributed to trade tariff uncertainty.
  • Rising hashrate and mining difficulty reflect strong underlying fundamentals, indicating Bitcoin's intrinsic value.
  • Crypto analysts highlight key support and resistance levels for BTC, with the potential for future price growth.

Read Full Article

like

3 Likes

source image

Cryptopotato

1w

read

247

img
dot

Image Credit: Cryptopotato

Largest BTC Inflow Since 2022 Hits Accumulation Wallets: CryptoQuant

  • Accumulation addresses received a massive inflow of 48,575 BTC, the largest single-day inflow since February 1, 2022.
  • The inflow occurred following a sharp market dip caused by escalating trade tensions triggered by Trump's renewed tariff policies against China.
  • The near-identical USD values of two massive inflows, spaced three years apart, suggest a recurring accumulation behavior during critical market moments.
  • Industry leaders are optimistic about Bitcoin's future trajectory, expecting a potential surge to $250,000 and a return to new all-time highs once market volatility stabilizes.

Read Full Article

like

14 Likes

source image

Coindoo

1w

read

25

img
dot

Image Credit: Coindoo

North Carolina Introduces Bill to Allow Digital Assets in Tax Payments

  • North Carolina has introduced the Digital Asset Freedom Act, a bill that aims to allow the use of digital assets in tax payments.
  • The bill establishes criteria for eligible digital assets, including market capitalization, trading volume, proven history, security and censorship resistance, and decentralization.
  • The introduction of this bill is part of North Carolina's growing efforts to integrate cryptocurrencies into its economy, with previous bills focusing on investment authority and allowing the State Treasurer to invest in Bitcoin.
  • If passed, the Digital Asset Freedom Act could set a precedent for other states to regulate and integrate digital assets into their financial systems, potentially encouraging further adoption of cryptocurrencies.

Read Full Article

like

1 Like

source image

Medium

1w

read

281

img
dot

Image Credit: Medium

The Bitcoin Sovereign Stack

  • Bitcoiners are building a full-stack lifestyle for sovereignty, censorship resistance, and operational resilience.
  • Running a full node is important to have control, privacy, and security in the Bitcoin network.
  • Platforms like Umbrel, Start9, and RaspiBlitz provide accessible options for plug-and-play sovereignty.
  • Bitcoin users are also exploring the use of space technology for internet access in case of disconnection.

Read Full Article

like

16 Likes

source image

TronWeekly

1w

read

4

img
dot

Image Credit: TronWeekly

Bitcoin Faces Resistance After 2.5-Month Correction Phase Persists

  • Bitcoin has entered a 2.5-month correction phase, mirroring a previous bearish trend.
  • BTC risks falling below $63,000, signaling uncertainty for long-term investors.
  • Analysts predict BTC could retest $83,500 resistance with potential for an all-time high at $109,000.
  • BTC currently trading above $79,200 with immediate resistance near $80,500.

Read Full Article

like

Like

For uninterrupted reading, download the app