Since the start of April, bitcoin (BTC) has experienced an unusual increase in conviction from both short-term and long-term holders. According to Glassnode, short-term holders—those who have held bitcoin for less than 155 days—are typically more reactive to price movements, often buying during periods of euphoria and selling during downturns. However, of late, short-term holders…
The world’s largest cryptocurrency, Bitcoin, is showing a rapid price breakout, printing several consecutive long green candles on the chart. Source: BTC/USD chart, TradingView Today, over the past few hours, BTC has managed to soar by 2.36%, rising by $2,000, from $82,700 to the $84,650 price mark. Related This sudden price surge has taken place…
Bitcoin has fallen sharply after China announced its hitting back at Donald Trump’s tariffs with a 34% charge on all U.S. goods—feeding fears Trump just dropped an “atomic bomb” on markets. Front-run Donald Trump, the White House and Wall Street by subscribing now to Forbes’ CryptoAsset & Blockchain Advisor where you can “uncover blockchain blockbusters…
As the biggest and most popular cryptocurrency, it’s a surprise to nobody that Bitcoin (BTC -1.03%) is subjected to all sorts of different trends, pressures, risks, and influences. It’s easy to assume that all of the biggest factors that determine its price are already common knowledge. But what might be surprising is that some of…
Two prominent voices in crypto investing—Arthur Hayes and Dan Tapiero—are framing the latest wave of U.S. tariffs as a symptom of deeper structural issues in the global financial system, arguing that Bitcoin BTC/USD may stand to benefit from the resulting distortions. The comments come amid heightened trade tensions following sweeping tariff announcements by the U.S.,…
The U.S. stock-market slide prompted by President Donald Trump’s global tariff announcement on Wednesday sent the Nasdaq Composite Index into one of its biggest funks since the start of the century. The tech-heavy index lost 5.5% on Thursday, just outside the top 20 worst single-day drawdowns since 2000, according to Investing.com. Most of the largest…
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The new trade tariffs announced by US President Donald Trump may place added pressure on the Bitcoin mining ecosystem both domestically and globally, according to one industry executive. While the US is home to Bitcoin (BTC) mining manufacturing firms such as Auradine, it’s still “not possible to make the whole supply chain, including materials, US-based,”…
Update April 4, 10:40 am UTC: This article has been updated to insert comments from Bitlayer co-founder Kevin He. More than $21 million worth of Bitcoin was unstaked from the Babylon protocol in the 24 hours after the platform’s token airdrop, according to blockchain data shared by a developer. On April 4, Bitfeed developer Mononaut…
Risk sentiment worsened during the European hours Friday after China announced retaliatory tariffs on all goods, responding to Trump’s Wednesday decision to boost the overall levy on Chinese goods to 54%. Bitcoin, the leading cryptocurrency by market value, fell by $1,600 to $83,000, erasing the early rise to $84,600, CoinDesk data shows. Other tokens like…