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Bitcoin News
Cryptopotato
1w
262
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Here’s How XRP, TRX Defy the Current Market Turmoil: Glassnode
- Over 80% of the circulating supply of TRON (TRX) and Ripple's XRP is still held in profit despite market turmoil.
- TRX and XRP have emerged as pockets of resilience in the crypto market amidst massive sell-offs and losses in other assets.
- 84.6% of TRON's circulating supply and 81.6% of XRP's supply are in profit despite small percentage point declines this year.
- In contrast, Ethereum (ETH) and Solana (SOL) have a majority of their respective supplies in loss, with only 44.9% and 31.6% in profit.
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Crypto-News-Flash
1w
211
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BTC Market Watch: Will MicroStrategy Liquidate Its Bitcoin Assets?
- MicroStrategy's executive chairman reaffirms commitment to Bitcoin accumulation strategy.
- Speculations arise regarding MicroStrategy potentially selling off a major chunk of its Bitcoin holdings, however, the filing only includes routine corporate risk disclosures.
- MicroStrategy's Bitcoin treasury currently holds 528,185 BTC, reinforcing their belief in their Bitcoin strategy.
- Bitcoin price has dropped to around $74,000, with technical analysts predicting further corrections based on Elliott Wave theory.
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Livebitcoinnews
1w
338
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SEC Rejects New Evidence in Ripple Lawsuit
- The SEC opposes a request to present new evidence in the ongoing lawsuit against Ripple Labs.
- SEC provides three objections to the petition, stating that it cannot be dealt with by the district court due to an ongoing appeal, the petitioner violated proper procedure, and Ripple should be responsible for presenting evidence directly to the court.
- The SEC has formally requested Judge Torres to reject the motion for new evidence.
- The ongoing legal battle has not hindered the rising trading volume of XRP, with trading volume surpassing $21.62 billion in a single month.
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Newsbtc
1w
128
Image Credit: Newsbtc
Bitcoin (BTC) Jumps To $82,000 As Trump Announces 90-Day Pause On Tariffs Except China
- Crypto and stock prices surge as President Trump announces a 90-day pause on tariffs for multiple countries except China.
- Bitcoin jumps 6.1% and eyes the $83,000 barrier following the announcement.
- Trump raises China tariffs to 125% and authorizes a 90-day pause for other countries.
- Stock prices surge with S&P 500 gaining 6% and the crypto market total market capitalization increasing 5%.
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Livebitcoinnews
1w
165
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NOWNodes Heads to TOKEN2049 Dubai – What to Look Forward To
- NOWNodes is heading to TOKEN2049 Dubai to showcase their new developments in the world of Blockchain APIs.
- NOWNodes offers plug-and-play access to over 100 supported Blockchain networks, providing developers with infrastructure flexibility.
- They are also presenting their ultra-performing Solana Node Access, NOWNotify for real-time on-chain alerts, NOWMarket API for real-time crypto market data, and MEVSecure to protect against front-runners.
- NOWNodes is a Blockchain-as-a-Service provider that manages backend infrastructure for wallets, dApps, and exchanges, allowing builders to focus on product innovation.
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Cryptopotato
1w
165
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Bitcoin Bounces Back To $81k As Trump Eases Global Tariffs
- President Donald Trump announced substantial lowering of reciprocal tariffs across the world.
- Over 75 countries have called representatives of the United States to discuss trade negotiations.
- As a result, Bitcoin surged from $77,000 to $81,900.
- China's tariffs remain unchanged due to their 'lack of respect' for global markets.
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Newsbtc
1w
237
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Why Isn’t XRP Skyrocketing? Expert Explains The Hidden Forces
- XRP prices dipped below $2 for the first time since December 2024.
- Market analyst Vincent Van Code attributes the underperformance of XRP to underlying economic issues.
- Recent decline in cryptocurrencies is blamed on tariffs imposed by US President Donald Trump.
- Van Code believes that once trade tensions subside, the market will rebound, and XRP's value will reflect positive developments.
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Coindoo
1w
18
Image Credit: Coindoo
Bitcoin Crosses $81K – Crypto Market Roars Back to Life
- Bitcoin crossed the $81K mark, signaling a resurgence in the crypto market.
- Global stock markets experienced losses due to new U.S. trade tariffs, but sentiment improved with reports of a possible 90-day delay.
- Market participants are adjusting their expectations around U.S. interest rates, with potential rate cuts predicted in the June FOMC meeting.
- Bitcoin is showing resilience and investor support, stabilizing in the $74,000 to $76,000 range with solid cost basis clusters.
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Coin Telegraph
1w
330
Image Credit: Coin Telegraph
Trump pauses some tariffs, boosts China's
- United States President Donald Trump pauses reciprocal tariffs for 90 days and lowers the tariff rate to 10% on countries that do not retaliate.
- Trump increases reciprocal tariff rate on China to 125% due to China's counter-tariffs against the US.
- Following the announcement, the S&P 500 index rallied close to 7%, reflecting high capital market volatility amid macroeconomic uncertainty.
- BitMEX founder predicts a possible devaluation of the Chinese yuan could lead to capital flight into cryptocurrencies.
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Newsbtc
1w
415
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XRP Network Activity Hits All-Time High Despite Market Volatility – Bullish Signal?
- XRP has broken down from critical support levels amid market volatility and macroeconomic uncertainty.
- Despite the price decline, on-chain data shows a new all-time high of 6.26 million addresses holding 1 XRP or more, indicating growing adoption and potential long-term strength.
- XRP faces a critical test just below the $1.80 mark, with market sentiment fragile and potential for a sharp decline.
- The drop in price has placed XRP below key moving averages, but a decisive reclaim of the $1.95 level could spark a recovery.
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Livebitcoinnews
1w
207
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Ukraine Proposes 18% Tax on Crypto Earnings
- Ukraine proposes an 18% tax on crypto earnings to support the military and state budgets.
- The proposed tax framework simplifies rules for crypto transactions and mining in Ukraine.
- The proposed tax rates include an 18% personal income tax and a 5% military tax.
- The tax proposal aims to integrate digital assets into the standard financial structures while providing fair tax rules for cryptocurrency use.
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Bitcoinist
1w
173
Image Credit: Bitcoinist
Big Players Actively Accumulate Bitcoin Amid Market Turmoil – On-Chain Metrics
- Bitcoin is experiencing a significant correction in both price and sentiment.
- Despite the market turmoil, major players are actively accumulating Bitcoin, indicating confidence in the digital asset.
- BTC is currently trading around $76,000, facing resistance and needing to reclaim key levels to regain bullish momentum.
- The ongoing accumulation by deep-pocketed investors may pave the way for Bitcoin's next significant move once market conditions stabilize.
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Bitcoinist
1w
326
Image Credit: Bitcoinist
Bitcoin Stands To Win If Trump Tanks The Dollar, Bitwise Says
- Bitcoin stands to benefit significantly from the Trump administration's push toward a weaker dollar.
- The shift towards a weaker dollar holds major implications for Bitcoin.
- Bitcoin's historically negative correlation to the US Dollar Index suggests it may climb as the dollar falls.
- The conscious drive to weaken the dollar could lead to a migration towards multiple stores of value, with Bitcoin occupying a prominent place.
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Cryptoticker
1w
220
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Breaking Bitcoin News: Germany Set to End Bitcoin’s Tax-Free Holding Period as SPD Takes Over
- Germany is expected to end the tax-free holding period for Bitcoin as the SPD takes over the finance ministry.
- Currently, if Bitcoin is held for more than one year, any profits from selling are tax-free in Germany.
- Under the new proposal, crypto gains would be permanently taxable, with a flat 25% tax rate.
- The potential change has sparked backlash and concerns about driving investors to other countries with more favorable tax laws.
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Coin Telegraph
1w
173
Image Credit: Coin Telegraph
Bitcoin has 'fully decoupled' despite tariff turmoil, says Adam Back
- Bitcoin has 'fully decoupled' from market turmoil, according to Blockstream CEO Adam Back.
- Back believes that while Bitcoin may move in tandem with other assets in the short term, it has shown resilience and long-term decoupling due to its significant price increase over the past three years.
- He cites regulatory clarity, institutional interest, and the introduction of exchange-traded funds (ETFs) as factors contributing to strong adoption of Bitcoin.
- Back predicts that entities like BlackRock and sovereign wealth funds will continue to absorb Bitcoin supply, while mentioning the potential for governments to acquire significant amounts of Bitcoin in the future.
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