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Bitcoin News
Coindoo
1w
134
Image Credit: Coindoo
Bearish Trend Won’t Last: Analyst Sees Bitcoin Hitting New Highs
- Despite bearish sentiment and trade policies causing turbulence in the crypto market, some analysts see potential for Bitcoin to benefit in the long-term.
- The recent policy changes may weaken the dollar and reduce interest rates, creating an economic environment that could eventually favor Bitcoin and digital assets.
- While immediate consequences of the tariffs include liquidity tightening and pressure on Bitcoin's price, analysts predict a market bottom and eventual recovery.
- Cryptocurrency expert, Miles Deutscher, predicts Bitcoin may reach a new all-time high between Q3 2025 and Q1 2026.
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Cryptonews
2w
390
Image Credit: Cryptonews
Bitcoin Falls Below $80k, $800 Million Liquidated: Analysts Say Only This Can Stop Further Downturn
- Massive liquidations hit the crypto market with 280k traders affected and US$853 million wiped out in 24 hours, primarily from Bitcoin and Ethereum long positions.
- The Fear and Greed Index has plummeted to “Extreme Fear” at 23, reaching levels not seen since early March as market sentiment deteriorates.
- Analysts warn that escalating tensions between the US and China over Trump’s tariff threats could trigger further market decline.
- Countries are responding differently to Trump’s tariff threats, with Vietnam, Israel, and India dropping tariffs on US products while China, the EU, and Canada contemplate countermeasures.
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23 Likes
Cryptopotato
2w
167
Image Credit: Cryptopotato
Crypto Liquidations Eye $1 Billion Amid Market-Wide Crash
- Bitcoin's price took a nosedive in the past day, dropping by six grand.
- Altcoins experienced even more painful declines, with total liquidations reaching $900 million on a daily scale.
- The sell-off was initiated over the weekend in anticipation of a challenging Monday trading session.
- The total liquidations in the past 24 hours soared to over $900 million, with nearly 300,000 traders affected.
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10 Likes
Coinjournal
2w
115
Bitcoin unfazed as Asian markets face major sell-off
- Bitcoin traded above $79,000 even as Asian markets faced major sell-off.
- Asian markets experienced significant declines, with Hang Seng Index down 8%, Shanghai down 7%, and Taipei down 9%.
- Major tech stocks like Alibaba and TSMC were among the hardest hit in the sell-off.
- Bitcoin's resilience suggests its potential safe-haven appeal in times of economic uncertainty.
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6 Likes
Newsbtc
2w
60
Image Credit: Newsbtc
Understanding Bitcoin Struggles: Why Realized Cap Indicates A Bear Market
- The current Bitcoin bull cycle may be coming to an end, according to insights from industry experts.
- Realized Cap, a metric that quantifies the actual capital entering the BTC market, indicates a bearish trend.
- Capital is flowing into the market, but prices are not responding positively, signaling a bear market.
- Bitcoin faces key resistance levels at $85,470 and $92,950, with support at $80,450.
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3 Likes
Coin Telegraph
2w
308
Image Credit: Coin Telegraph
Conor McGregor’s token creators to refund bidders after failed launch
- Conor McGregor’s token, REAL, failed to raise above its $1 million minimum requirement.
- Investors who bid on REAL token will receive a full refund.
- REAL token developers, Real World Gaming, stated that all bids will be refunded in full.
- The team only managed to raise $392,315 in USDC over a 28-hour presale, which was less than half of the minimum requirement.
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18 Likes
Crypto-News-Flash
2w
351
Image Credit: Crypto-News-Flash
Bitcoin Is the Best Buy Today, Says Investor Mark Cuban
- Renowned investor Mark Cuban believes that Bitcoin is the best buy today, considering the significant decline in the stock market.
- Cuban suggests that Bitcoin could be the 'best buy right now' due to its long-term impact as companies consider buying back their stocks at cheap prices.
- Cuban's perception of Bitcoin has shifted, positioning it ahead of gold. He sees Bitcoin's divisibility, portability, and ease of international transfers as key advantages.
- Bitcoin is currently in an 'ideal buy zone' according to an analyst after plunging below the $84k support level, and some predict a potential price increase by June.
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21 Likes
NullTX
2w
270
Image Credit: NullTX
Grayscale Seeks SEC Approval for Solana ETF: A Bold Move to Expand Crypto Access
- Grayscale has applied to the SEC to convert its Solana Trust (GSOL) into an ETF on NYSE Arca, aiming to expand access to cryptocurrencies for traditional investors.
- The move to seek an ETF for Solana follows successful launches of Bitcoin and Ethereum ETFs, signaling Grayscale's commitment to mainstream adoption of digital assets.
- While Solana has faced some volatility, its performance and ecosystem position it as a top contender in the blockchain space, boosting its ETF candidacy.
- Excluding staking aligns the proposed Solana ETF with SEC preferences, considering the regulatory stance on products involving staking rewards distribution.
- By complying with SEC guidelines, Grayscale aims to enhance approval prospects for the Solana ETF, leveraging its track record dating back to 2013.
- Solana's speed, low fees, scalability, and traction in DeFi make it a strong ETF candidate, aligned with SEC-approved Bitcoin and Ethereum ETFs.
- A potential Solana ETF approval could signify a major institutional adoption milestone in the crypto industry, providing a regulated access point for investors.
- The Solana ETF proposal reflects Grayscale's strategic move towards regulated investment options in the crypto space, shaping a more accessible environment.
- This step by Grayscale showcases the integration of crypto into traditional financial markets and adds to the ongoing evolution of digital assets in the investment landscape.
- Grayscale's pursuit of a Solana ETF is part of a broader trend towards diversified investment vehicles in crypto, underpinned by regulatory compliance and investor demand.
- The proposed Solana ETF aligns with increasing institutional interest in digital assets, paving the way for potential ETF approvals and enhanced market integration.
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16 Likes
Pymnts
2w
304
Image Credit: Pymnts
Crypto Theft Sees 303% Quarterly Jump After Record Bybit Hack
- Cryptocurrency thefts surged by 303% during the first quarter to $1.67 billion.
- The surge was primarily driven by the historic billion-dollar hack on the Bybit exchange.
- Around 98 of the 197 hacking incidents involved ethereum, making it a popular target for hackers.
- Bybit suffered the largest crypto theft on record, with hackers stealing $1.45 billion worth of digital assets from its ethereum wallet.
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18 Likes
Crypto-News-Flash
2w
128
Image Credit: Crypto-News-Flash
Is Bitcoin Now a True Store of Value? Price Action Suggests Decoupling from Risk Assets
- Bitcoin (BTC) shows resilience as it holds above a crucial support level at $82k while decoupling from the US stock market sell-off.
- Investors pulled $3.25 trillion from the US stock market in a two-day sell-off after President Trump's tariffs announcement.
- Bitcoin recorded significant inflows with $5.4 billion entering the crypto market on April 4.
- Bitcoin's resilience is attributed to rising institutional demand and the market maker's move to take advantage of the lack of fiat liquidity.
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7 Likes
Cryptoticker
2w
416
Image Credit: Cryptoticker
Crypto Market Crash Updates: Will Solana Crash Below $100 as Bitcoin Falls Under $80K?
- Bitcoin and Ethereum have broken key support levels, with Bitcoin falling below $80,000 and Ethereum below $1,700.
- The overall crypto market cap has plunged by 5.38% in a short period, leading to concerns of a market-wide shakeout.
- Solana is at risk of dropping below the $100 mark, with key support levels at $95-$88 and a worst-case scenario at $80 if Bitcoin crashes further.
- Traders should prepare for volatility and closely monitor the $100 zone.
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25 Likes
TheNewsCrypto
2w
274
Image Credit: TheNewsCrypto
Bitcoin Falls Below $80K as Crypto market crash
- Bitcoin fell under $80K as market crashed with $600 million in trade liquidations.
- Stock markets experienced the worst week since 2020.
- New EU tariffs imposed by Trump may lead to a global trade fight.
- Bitcoin's sudden price decline caught traders off guard, resulting in liquidations of leveraged bets.
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16 Likes
Cryptopotato
2w
72
Image Credit: Cryptopotato
Bitcoin Price Crashes Below $80K in Anticipation of ‘Bloody’ Monday Open for Stock Markets
- Bitcoin's price dropped suddenly, falling from just under $83,000 to below $79,000.
- The drop in price resulted in the liquidation of leveraged positions worth nearly $600 million.
- Analyst Jonatan Randing suggests that Bitcoin is approaching a historical support level, but questions if the market is still in a bull phase.
- Traders are preparing for a challenging market open on Monday amid tensions over reciprocal tariffs and the poor performance of major stock indices.
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4 Likes
Coin Telegraph
2w
175
Image Credit: Coin Telegraph
Stablecoins are the best way to ensure US dollar dominance — Web3 CEO
- Stablecoins are the best way to ensure US dollar dominance in global financial markets.
- Cross-border accessibility of dollar-pegged tokens drives US dollar demand.
- Stablecoins offer a tool to combat inflation and support the US dollar's global reserve currency status.
- Tether's significant investment in US Treasury bills demonstrates stablecoin issuers' demand for US debt instruments.
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10 Likes
TronWeekly
2w
197
Image Credit: TronWeekly
SEC Chair Moves to Reevaluate Bitcoin Guidance
- Acting SEC Chair Mark Uyeda has instructed a review of crypto-related regulations, including Bitcoin futures and market disclosure.
- The review seeks to remove rules hindering crypto innovation, potentially leading to more favorable regulations.
- The SEC clarified that stablecoins like USDT and USDC are not securities and must maintain separate operational and reserve funds.
- Paul Atkins, if confirmed as SEC chair, is expected to make it easier to approve crypto-related exchange-traded fund applications.
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