Metaplanet, the Japanese hotel developer turned bitcoin treasury firm, announced on Monday that it had fully redeemed or paid off ¥2 billion ($13.5 million) worth of zero coupon bond debt more than five months early (the bonds had a maturity date of Sept. 17, 2025). Funds raised by the bond issuance were used to purchase […]
Corporate Bitcoin (BTC) treasuries collectively shed more than $4 billion in value after US President Donald Trump’s tariffs triggered a global market sell-off, data shows. As of April 7, corporate Bitcoin holdings are worth approximately $54.5 billion in the aggregate, down from roughly $59 billion before April 2, according to data from BitcoinTreasuries.net. The cryptocurrency’s […]
Crypto markets are reeling as aggressive U.S. tariffs ignite global economic turmoil, triggering a $1 trillion wipeout and fueling extreme volatility, Binance Research finds. Binance Warns of Prolonged Crypto Volatility Amid US Tariff Shock Crypto exchange Binance published research on April 7 analyzing the fallout from escalating U.S. tariffs and their disruptive impact on global […]
Bitcoin’s (BTC) 26.62% decline from its $109,500 all-time high is en route to becoming the deepest drawdown of the current bull market cycle, according to CryptoQuant head of research, Julio Moreno. Bitcoin price drawdown analysis. Source: X Bitcoin has experienced significant drawdowns in past cycles, with a notable 83% drop from its peak in 2018 […]
As Wall Street is flashing red, JPMorgan CEO Jamie Dimon warns soaring inflation, spiraling tariffs, and shaken confidence signal a recession that could upend global markets. JPMorgan’s CEO Flags Recession Threat With Inflation Roaring and a Market Meltdown Near Jamie Dimon, the top executive at JPMorgan Chase, raised alarm Monday in his annual letter to […]
Crypto’s worst quarter since the FTX crisis has many investors worried about the end of the bull market, but according to an industry panel, Bitcoin and altcoins’ parabolic moves haven’t even begun yet. In a panel discussion at the LONGITUDE by Cointelegraph event in Paris, France, MN Capital founder Michael van de Poppe said he […]
Crypto regulation is getting a reality check as the SEC sets the stage for a groundbreaking roundtable to shape the future of digital trading oversight. SEC Gears up to Hammer out Crypto Trading Rules in Upcoming Roundtable Event The U.S. Securities and Exchange Commission (SEC) announced on April 7 that its Crypto Task Force will […]
Bitcoin (BTC) is showing “signs of resilience” even as stocks and the broader cryptocurrency market plunge amid a global market sell-off after US President Donald Trump imposed sweeping tariffs on US imports last week, Binance Research said. As of mid-day trading on April 7, Bitcoin is up almost 1% to nearly $79,000. Meanwhile, the S&P […]
XRP is trading at $1.90 with a market capitalization of $110 billion and a robust global trading volume of $13.96 billion over the past 24 hours. Its intraday price has ranged from $1.65 to $2.05, showcasing significant volatility and liquidity in today’s session. XRP On the 1-hour chart, XRP has shown signs of breaking from […]
Strategy, the enterprise software firm formerly known as Microstrategy, disclosed $5.91 billion in unrealized losses on its bitcoin holdings for Q1 2025 under a new accounting rule requiring crypto assets to be marked to market. Strategy Posts Q1 Loss Strategy, rebranded from Microstrategy Incorporated, reported a $5.91 billion non-cash loss tied to its bitcoin ( […]
Diving into the chaos of global markets, Bloomberg Senior Commodity Strategist Mike McGlone warns more turmoil could be on the way. In an exclusive interview with Cointelegraph, McGlone points to deepening market sell-offs, intensified by US President Donald Trump’s ongoing tariff wars, and forecasts a sharp correction in crypto assets. He predicts Bitcoin could tumble […]
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 April 6. The selling continued on April 7, and Bitcoin hit a new year-to-date low of $74,508, but lower […]
