Bitcoin made a sharp comeback from $74,500, but rallying to higher levels could be challenging in the near term. Bitcoin (BTC) made a sharp comeback and is trading near the $78,000 level. The largest cryptocurrency by market capitalization tumbled below the psychological support of $80,000 after the US stock futures market opened sharply lower on …
Continue reading “Price analysis 4/7: SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, ADA, LEO”
Global equities markets remain volatile, adding bearish pressure to Bitcoin price, but data shows BTC whales accelerating their accumulation trend. Global financial markets continued to tumble on April 7, as US equities dropped more than 3%, wiping more than $2 trillion in value on market open. The pullback saw the S&P 500 drop 2.79%, with …
Law enforcement authorities in the city of London are joining forces with an international law firm to help fraud victims recover their stolen assets. In a statement, the City of London Police says it is teaming up with law firm Gowling WLG for a civil asset recovery program that will be made available to select …
Year-to-date outflows from crypto ETPs by Grayscale are now bigger than all Bitcoin inflows in 2025 so far, totaling roughly $1.4 billion. Cryptocurrency exchange-traded products (ETPs) saw renewed outflows last week, with $240 million in investor capital pulled, according to an April 7 report from digital asset manager CoinShares. The outflows reversed two consecutive weeks …
Continue reading “Crypto ETPs shed $240M last week amid US trade tariffs — CoinShares”
The Pakistan Crypto Council (PCC) was established in March to oversee the adoption of blockchain technology and digital assets. Former Binance CEO Changpeng “CZ” Zhao has been appointed as an adviser to Pakistan’s Crypto Council, a newly formed regulatory body tasked with overseeing the country’s embrace of blockchain technology and digital assets. The appointment was …
Continue reading “Pakistan appoints Changpeng Zhao as crypto adviser as adoption heats up”
Strategy paused Bitcoin purchases last week as BTC fell below $87,000, disclosing a $5.91 billion unrealized loss in Q1, according to SEC filings. Michael Saylor’s firm Strategy, the world’s largest publicly listed corporate holder of Bitcoin, did not add to its BTC holdings last week as the cryptocurrency’s price dropped below $87,000. In a filing …
Continue reading “Michael Saylor’s Strategy halts Bitcoin buys despite dip below $87K”
The platform has upgraded its moderation systems but says it assumes much of its content will remain “not safe for work.” Alon Cohen, co-founder of the Solana-based memecoin launchpad Pump.fun, is set to bring back live streaming on the platform — five months after suspending the feature after several incidents involving harmful content. Posting on …
Continue reading “Memecoin platform Pump.fun brings livestream feature back to 5% of users”
More and more people are paying attention to how to earn digital assets such as Bitcoin and Dogecoin through mining. However, traditional mining methods require high hardware costs, electricity expenses, and professional technical knowledge, which is a high threshold for ordinary investors. In order to solve these problems, cloud mining platforms came into being, and …
The alleged scammer behind the ZKasino rug pull has reportedly lost over $27 million in a high-risk Ethereum trade as crypto market turbulence continues to catch overleveraged traders. On April 7, blockchain analytics platform Onchain Lens revealed that the scammer had exited a 20x leveraged long position on ETH using the Hyperliquid trading platform. The …
U.S. President Donald Trump escalated trade tensions with China on Sunday, issuing an ultimatum over newly announced Chinese tariffs. In a statement on Truth Social, Trump warned that unless Beijing retracts its additional 34% tariff increase by April 8, the U.S. will respond with a 50% tariff hike effective April 9. He said the increase …
The U.S. Securities and Exchange Commission will host another crypto regulation roundtable on April 11, attracting participation from executives and advocates who previously clashed with the agency. The session, titled Between a Block and a Hard Place: Tailoring Regulation for Crypto Trading, will be hosted at the SEC’s Washington D.C. headquarters and live-streamed via its …
Continue reading “SEC assembles ‘Suicide Squad’ of former critics for crypto roundtable”
A false report on CNBC that the Trump administration was planning a 90-day tariff pause triggered sharp swings across US equity markets Monday morning. Within minutes, the SPDR S&P 500 ETF Trust (SPY) shed nearly $10 and wiped out approximately $2 trillion in value from the broader index. SPY (Source: Google Finance) The news reportedly …
Continue reading “Market chaos as fake Trump plan to pause tariffs momentarily pumps markets”
Arthur Hayes, BitMEX co-founder, believes Bitcoin’s dominance is heading toward 70% as global financial uncertainty deepens. In an April 7 post on X, Hayes pointed out that risk appetite for altcoins remains subdued because Bitcoin remains the safer bet until the Federal Reserve begins printing money again, a move he sees as inevitable in the …
Hong Kong’s Securities and Futures Commission (SFC) has unveiled new regulatory guidance allowing licensed Virtual Asset Trading Platforms (VATPs) and exchange-traded funds (ETFs) to offer staking services, according to an April 7 statement. Locking up tokens with staking to validate transactions in exchange for rewards is central to blockchain networks running on a proof-of-stake (PoS) …
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Digital asset investment products saw $240 million in outflows last week, marking a sharp reversal in sentiment. Bitcoin-based products accounted for most of these losses, registering $207 million in outflows, according to CoinShares’ latest weekly report. Despite recent volatility, Bitcoin’s year-to-date inflows remain strong at $1.3 billion. Why outflows? CoinShares explained that the crypto outflows …
Continue reading “XRP shines amid $240 million crypto outflows triggered by trade war fears”
