News

Ark Invest Acquires $13.3 Million in Coinbase Shares Amid Market Decline

Cathie Wood's firm Ark Invest purchased 84,514 shares of Coinbase on April 7 for approximately $13.3 million. This acquisition occurred...

US Department of Justice Disbands National Cryptocurrency Enforcement Team

The U.S. Department of Justice (DOJ) has disbanded the National Cryptocurrency Enforcement Team (NCET), a unit focused on high-profile crypto cases,...

XRP and TRX Holders Remain Profitable as ETH and SOL Struggle

Recent analysis by Glassnode reveals significant disparities in the profitability of various cryptocurrencies amidst market volatility. TRX and...

Pi Network's Token PI Rises 3% Amid Low Unlock Volume

Pi Network's native token, PI, is currently trading at approximately $0.58, reflecting a nearly 3% increase in the last 24 hours. This recovery...

Hedera Hashgraph's HBAR Rises 20% Following NVIDIA Integration Announcement

Hedera Hashgraph's native cryptocurrency, HBAR, rose by 20% amid a broader crypto market recovery. The price is currently at $0.16 with a market...

China's Monetary Policy Shift Could Trigger Bitcoin Price Movement

Bitcoin could experience significant price movement due to changes in China's monetary policy. The People's Bank of China (PBOC) has allowed the...

Rumors of Tariff Pause Impact Stocks While Nvidia and AI Tokens Rise

On April 7, financial markets reacted to unverified rumors of a 90-day tariff pause by the US government, excluding China. Key developments...

Ethereum Breaks Below Major Investor Cost Basis Levels, Support at $1,290

On-chain data indicates that Ethereum has fallen below all major investor cost basis levels except one. The critical support level currently...

XRP Gains 11% Following ETF Approval Amid Whale Transfer Concerns

XRP is currently trading at $1.86, an 11% recovery from a low of $1.65 earlier this week. This increase follows the NYSE Arca's approval of...

U.S. 10-Year Treasury Yield Increases Amid Rising Trade Tensions

Monday's trading session was marked by significant volatility across global markets, reminiscent of the COVID crash in March 2020. Key points...

MegaETH Develops Ethereum-Compatible Blockchain with 100,000 TPS Capability

MegaETH is developing a real-time Ethereum-compatible blockchain with the objectives of: Sub-millisecond transaction latency Over 100,000...

Bitcoin Trades Below $75,000 Mark for First Time Since November

Bitcoin's price dropped below $75,000 for the first time since November, closing below $78,500. The currency experienced a 9.1% correction, hitting...

WazirX Receives Over 93% Approval for $230 Million Restructuring Plan

Crypto exchange WazirX received over 93% approval from creditors for its Scheme of Arrangement, aiding victims of a $230 million hack. Key details...

Trump Threatens 50% Tariff on China Amid Trade Tensions

President Trump announced a potential 0% tariff on Chinese goods if retaliatory tariffs are not withdrawn by April 9, 2025. This escalation in...

Cboe Plans New Bitcoin Futures Launch Pending Regulatory Approval

Cboe Digital plans to launch a new bitcoin futures product pending regulatory approval, aiming for an April 28 debut. The product is in partnership...

Bitcoin Approaches $80,000 as Crypto Market Cap Recovers

Bitcoin (BTC) rebounded to nearly $80,000 after a drop below $75,000, driving up major cryptocurrencies. Key points include: Dogecoin...

Fartcoin Surges Over 30% Amid Broader Crypto Market Decline

The crypto market is facing challenges due to US President Donald Trump's new global tariff initiative. However, Solana-based Fartcoin (#FARTCOIN)...

Ethereum Price Recovers to $1,594 as Whales Reactivate Holdings

Ethereum's price has rebounded 3.2% from a low of $1,400, currently trading at around $1,594. This follows a decline exceeding 50% in the first...

Ethereum MVRV Ratio Declines to 0.87, Signaling Potential Losses

Recent on-chain data indicates a decline in the Ethereum Market Value to Realized Value (MVRV) Ratio, currently at 0.87. This metric analyzes the...

Teucrium to Launch First U.S. XRP ETF on NYSE Arca

Teucrium Investment Advisors will launch the first XRP exchange-traded fund (ETF) in the U.S., named Teucrium 2x XRP ETF (XXRP), which offers 2x...

China Allows Yuan to Trade Beyond 7.2 Level Amid Tariff Pressures

China has allowed the yuan (CNY) to depreciate beyond 7.2 per dollar, a key threshold, possibly in response to U.S. tariffs. This marks a shift...

Cardano Price Consolidates Near $0.60, Faces Key Resistance

Cardano (ADA) is consolidating near $0.60 after a recovery from the $0.510 zone, but it remains susceptible to further losses. ADA began...

Bitcoin Experiences Volatility Following False Tariff Pause Rumors

Speculation regarding a White House plan to pause tariffs for 90 days on all countries except China led to significant volatility in markets,...

XRP Price Declines Below $1.950 as Resistance at $2 Persists

XRP price has declined below the $1.750 zone, testing $1.60 and currently correcting losses while facing resistance near $2.00. XRP is trading...

Long-Term Bitcoin Holders Transfer Coins Amid Market Uncertainty

Bitcoin's price briefly dropped to $74,604 but rebounded to above $79,000. It remains down 3.1% over the past day and nearly 30% from its January...

Ethereum Price Remains Below $1,620 as Recovery Stalls

Ethereum Price Analysis Ethereum dropped below $1,550 after failing to maintain levels above $1,620 and $1,700. Currently trading under $1,620...

Bitcoin Price Declines Below $80,000 with Resistance at $80,500

Bitcoin Price Update Bitcoin declined below $80,000 and $81,200 levels. Current trading price is below $81,500 and the 100 hourly Simple Moving...

Short-Term Holders Show Signs of Stress as Bitcoin Drops Below $75,000

Bitcoin's price has dropped over 10% in the past two weeks, falling below $75,000 due to global tariff disputes affecting financial markets. This...

Bitcoin Declines Over 7% as US Tariffs Impact Crypto Market

The cryptocurrency market, led by Bitcoin (BTC), faced a downturn following US tariffs set to take effect. Key points include: BTC declined over...

XRP Faces Critical Resistance at $2.3 Amid Market Volatility

Amid market volatility, the XRP price has maintained support levels even as many altcoins declined. A key resistance level at $2.3 is crucial for...
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