Bitcoin, showing 'signs of resilience', beats stocks, gold as equities fold — Binance
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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 […]

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XRP Price Update: V-Shaped Recovery Sparks Market Buzz
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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 […]

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Strategy Reports $5.91B Unrealized Bitcoin Loss in Q1 2025
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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 ( […]

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Bloomberg analyst predicts Bitcoin could sink back to $10,000
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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 […]

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Bitcoin Plummets Then Surges in Rollercoaster Trading Session
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The dominant cryptocurrency tumbled all the way to $74K before reclaiming $78K around midday Monday. BTC Price Seesaws as Macro Uncertainty Intensifies President Donald Trump’s aggressive tariff policies continued to wreak havoc on markets, sending bitcoin to its lowest levels since early November 2024, although altcoins tumbled lower, giving BTC an edge in market capitalization […]

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SEC Issues Clarified Stance on Stablecoin Regulation
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The official “Statement on Stablecoins” was issued by the SEC’s Division of Corporation Finance on Friday as “part of an effort to provide greater clarity on the application of the federal securities laws to crypto assets.” Regulatory Clarity: SEC Publishes Updated Stablecoin Standards The U.S. Securities and Exchange Commission (SEC) issued on Friday a landmark […]

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Bitcoin, stocks crumble after ‘90 day tariff pause’ deemed fake news — BTC whales keep accumulating
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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 the index officially entering a bear market, following a 20% decline from its recent all-time highs. However, the SPX momentarily […]

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Schiff Urges China to Crash Dollar, Buy Gold Amid Trade War
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Peter Schiff has suggested that China resolve its trade deficit with the U.S. by dumping its U.S. Treasuries and dollars, then using the proceeds to buy gold to back a revalued yuan. Schiff: Dumping U.S. Debt Would Benefit Chinese Consumers Economist Peter Schiff has urged China to resolve its trade deficit with the United States […]

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Pakistan appoints Changpeng Zhao as crypto adviser as adoption heats up
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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 confirmed by Pakistan’s finance ministry and reported by Bloomberg on April 7. Zhao will advise the regulatory body on […]

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Pakistan appoints Changpeng Zhao as crypto adviser as adoption heats up
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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 confirmed by Pakistan’s finance ministry and reported by Bloomberg on April 7. Zhao will advise the regulatory body on […]

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Bitcoin Headed Back to $10K? Bloomberg’s Mike McGlone Thinks So
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Bloomberg Intelligence’s senior commodity strategist Mike McGlone casts a skeptical gaze on bitcoin and its digital counterparts, positing a potential retreat to $10,000 for the flagship cryptocurrency. Bloomberg Strategist Sees Crypto Wipeout Ahead In recent analyses shared via Bloomberg and the platform X, Mike McGlone has dissected crypto’s vulnerabilities amid turbulent macroeconomic crosscurrents. President Trump’s […]

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