Crypto News

Bitcoin Tops $100,000 Again. Is the Leading Cryptocurrency Entering a New Bull Market Cycle? Key Points: On news of positive developments on the global trade front, Bitcoin (CRYPTO: BTC) once again regained the $100,000 price level. The euphoria in the crypto market was palpable, and just about every top cryptocurrency moved higher as soon as the first trade deal was announced. The new thinking is that Bitcoin is about to go on another one of its famous bull market runs, taking it to new all-time highs. But is that really the case? Macroeconomic Outlook: While the White House's announcement of a new trade deal with the U.K. is certainly reason for optimism, a closer reading of the "deal" reveals that it is really more of an...

Coinbase (COIN) has its own strategy for BTC on the corporate balance sheet, but it's not a bitcoin maximalist play like that of Michael Saylor's Strategy (MSTR). On the company's first quarter 2025 earnings call, CFO Alesia Haas revealed that Coinbase purchased $150 million in crypto, “predominantly bitcoin,” bringing its long-term investment portfolio to $1.3 billion, or 25% of net cash. Haas, however, went out of her way to draw a line between Coinbase and firms that explicitly tie their corporate identity to holding bitcoin on the balance sheet. “To be clear, we're an operating company,” she said. “But we do invest alongside the space.” In other words, Coinbase isn’t betting the company on bitcoin. On a Q&A call with retail...

Is the Cryptocurrency XRP (Ripple) a Millionaire-Maker? It's been a wild ride for cryptocurrency investors during the past few months. Bitcoin surpassed the $100,000 mark, reaching more than $109,000 just 16 years after its creation. While the price has retreated to about $102,000 amid broader uncertainty, investors still appear optimistic that Bitcoin will continue to grow. That optimism has spilled over into so-called altcoins looking to repeat the extreme successes of the original crypto. XRP, in particular, has garnered a loyal following. The crypto token aimed at revolutionizing the banking industry has seen its price rise more than 300% during the past six months alone. Could XRP repeat the success of Bitcoin? Could it be a...

The Federal Reserve kept interest rates unchanged at 4.25% to 4.5% during its latest meeting, with Fed Chair Jerome Powell emphasizing caution and data dependence amid ongoing economic uncertainty. Despite the decision, markets remained flat. Analysts now predict the Fed may consider rate cuts in July or September if the economy weakens further. Trade tensions remain high, with the U.S. locked in an escalating tariff war. However, a key development came when China’s Commerce Ministry confirmed that talks with the U.S. over tariffs will resume. Both economies have been hit by the standoff, and the potential thaw in relations was welcomed by markets. Bitcoin responded with a sharp move upward on May 6, briefly tapping $97,000. In a...

While there are dozens of market pundits who make price predictions in the crypto markets day in and day out, it is very rare for a price prediction to turn out to be accurate. However, one Reddit user had made a Bitcoin price prediction back in 2014 that has turned out to be correct. The user, who goes by the username oldie101, had posted on the MarkMyWords sub on Apr. 18, 2014, "Bitcoin will be valued at $100,000 a coin by 2025." The day the user had written the original post, Bitcoin was valued slightly below $500. Back then, the post elicited a snarky comment, "Keep dreaming." However, as the king coin's price surpassed the $100,000 mark on May 8, the post began to attract attention. Users began posting congratulatory messages...

The crypto industry is eagerly awaiting approvals on dozens of crypto ETFs from the Securities and Exchange Commission, but that eagerness doesn’t necessarily mean a speedy review of filings. “People have to be patient,” said SEC Commissioner Hester Peirce. “There’s a lot going on” when it comes to reviews of those exchange-traded product filings, Peirce mentioned in an interview with Bloomberg’s “Trillions” podcast. Peirce leads the SEC's crypto task force launched earlier this year, gaining the nickname “Crypto Mom” due to her support of the digital asset. Bloomberg reports that there are now more than 80 crypto-related ETP filings with the SEC. These include requests for products tracking the price of altcoins like Solana and XRP...

US stocks wobbled on Friday after President Trump hinted more trade deals are coming while floating a cut to US tariffs on Chinese imports ahead of highly anticipated talks between the two countries this weekend. The Dow Jones Industrial Average (^DJI) erased opening gains to drop 0.4%. The S&P 500 (^GSPC) hovered near the flatline, while the Nasdaq Composite (IXIC) was little changed. Markets are focused on the US-China trade talks in Geneva this weekend, following a rally in stocks on Thursday as Trump unveiled a US-UK trade pact. As reports flagged a potential US cut to sky-high tariffs on Chinese imports, Trump said an 80% rate "seems right" in a post to Truth Social on Friday. The president this week has maintained an optimistic...

Bitcoin tops $100,000 and Ethereum surges in banner week for crypto. Winning the White House was supposed to transform the crypto sector, but for much of 2025, that promise has fallen flat. While Donald Trump’s return sparked surges early in the year, including brief all-time highs across major tokens, prices have largely sagged. Blame (partially) fading hype and investor fears generalized across markets. Yet this week marked a notable reversal. Bitcoin soared past $100,000, climbing more than 5% over the past seven days to nearly $103,000 as of Friday. Ether jumped 25% to $2,300, while Solana surged 13% to $169. XRP and BNB also posted solid gains. The rally was fueled in part by broader, growing optimism: the Fed held rates steady...

DeFi Development (DFDV) announced the purchase of 20,473 Solana (SOL) valued at approximately $2.97M. This marks the Company’s ninth Solana purchase under its digital asset treasury strategy. Following the transaction, DeFi Development Corp. now holds a total of 420,690 SOL, valued at approximately $61.9M, inclusive of staking rewards. This article has been published in thefly.com via Yahoo News. https://finance.yahoo.com/news/defi-development-purchases-20-473-150510206.html

The culture clash between Bitcoin (BTC-USD) enthusiasts and gold (GC=F) bugs is about to be played out in the world of exchange-traded funds. Tidal Financial Group this week filed to launch a pair of long-short trades — pitting the world’s biggest cryptocurrency against the shiny metal, and vice versa — offering investors a high-conviction bet on the best alternative hedge, in one fell swoop. Packaged under the Battleshares brand, the novel exchange-traded funds would monetize the long-running debate about the ultimate store of value for those fearing everything from trade wars and geopolitical stresses to fiscal and monetary largesse. The ideological divide among the retail and institutional masses has raged since Bitcoin was born...

US stocks erased gains on Friday despite President Trump hinting more trade deals are coming while floating a cut to US tariffs on Chinese imports ahead of highly anticipated talks between the two countries this weekend. The Dow Jones Industrial Average (^DJI) erased opening gains to drop 0.2%. The S&P 500 (^GSPC) also fell 0.3%, and the Nasdaq Composite (IXIC) dropped 0.3%. Markets are focused on the US-China trade talks in Geneva this weekend, following a rally in stocks on Thursday as Trump unveiled a US-UK trade pact. As reports flagged a potential US cut to sky-high tariffs on Chinese imports, Trump said an 80% rate "seems right" in a post to Truth Social on Friday. The president this week has maintained an optimistic tone about...

US stocks stepped higher on Friday after President Trump floated a cut to US tariffs on Chinese imports ahead of highly anticipated talks between the two countries this weekend. The Dow Jones Industrial Average (^DJI) rose 0.2%. The S&P 500 (^GSPC) moved up 0.4%, and the Nasdaq Composite (IXIC) gained about 0.5%. Markets are focused on the US-China trade talks in Geneva this weekend, following a rally in stocks on Thursday as Trump unveiled a US-UK trade pact. As reports flagged a potential US cut to sky-high tariffs on Chinese imports, Trump said an 80% rate "seems right" in a post to Truth Social on Friday. The president this week has maintained an optimistic tone about the talks with China, saying they would be "substantive."...

The culture clash between Bitcoin enthusiasts and gold bugs is about to be played out in the world of exchange-traded funds. Tidal Financial Group this week filed to launch a pair of long-short trades — pitting the world’s biggest cryptocurrency against the shiny metal, and vice versa — offering investors a high-conviction bet on the best alternative hedge, in one fell swoop. Packaged under the Battleshares brand, the novel exchange-traded funds would monetize the long-running debate about the ultimate store of value for those fearing everything from trade wars and geopolitical stresses to fiscal and monetary largesse. The ideological divide among the retail and institutional masses has raged since Bitcoin was born from the ashes of...

The average tax refund amount is about $3,000, a sizable sum of money for many Americans. And that sum of money could potentially turn into more if invested wisely. While investing in cryptocurrency certainly comes with a high level of risk, it also comes with a high potential for reward. A recent analysis conducted found that if you had invested a $3,000 tax refund in the four major tokens — bitcoin, Ethereum, XRP, and Solana — every April since 2022, you’d now have $22,569. Here’s a closer look at why you might consider investing your tax refund in crypto and which cryptocurrencies to consider. **How a $3K Refund Could Turn Into $22K** If you had invested $3,000 into bitcoin, Ethereum, XRP, and Solana in April 2022, in one year...

Tesla (NASDAQ: TSLA) has had a tough start to the year. Its stock is down almost 30% year to date, and disappointing is, frankly, a polite word to use about its first-quarter results. Its revenue and earnings per share missed analyst expectations, and its automotive revenue fell 20% year on year. If you're a crypto investor, there's a notable figure in Tesla's recent earnings: its crypto holdings are currently worth about $1.1 billion. Tesla holds 11,509 Bitcoins (CRYPTO: BTC) and hasn't sold any since 2022. The balance sheet value of its crypto stash increased dramatically at the end of the last year because of changes in accounting rules, which is beneficial for cryptocurrency adoption. The Financial Accounting Standards Board...

Key Points For Bitcoin's (CRYPTO: BTC) price to move by around $20,000, it would need to gain roughly 21% based on its current price of $95,000. Although that type of gain won't occur overnight, history indicates that over the course of a few months, a move of such a size is very possible. A trio of catalysts could trigger that move in the near term. Here's what's going on. 1. Rising global liquidity Liquidity is critical to the pricing of cryptocurrencies, especially major ones like Bitcoin. In this context, liquidity refers to the amount of money sloshing around the global financial system, as determined by a combination of factors like central bank lending rates and the ease of accessing credit for businesses and institutional...

Bitcoin's rapid price rally has caught traders off guard, triggering large liquidations of bearish short positions. The leading cryptocurrency by market value has risen over 3% to $102,500 in the past 24 hours, with prices topping $104,000 at one point, the highest since Jan. 31. The bullish move came as President Donald Trump announced a comprehensive trade deal with the U.K., and the cumulative inflows into the spot exchange-traded funds (ETFs) hit a record high above $40 billion. The broader market rallied as well, with the total market cap of all coins excluding BTC surging by 10% to $1.14 trillion, the highest since March 6, according to data source TradingView. That has led to substantial liquidations of bearish short...

Bitcoin (BTCUSD) will remain in the spotlight Friday after surging above the closely watched $100,000 level on Thursday for the first time since early February. The legacy cryptocurrency rallied along with stocks after President Donald Trump announced that the U.S. had reached a trade agreement with the U.K. The president also said that further deals could be on the way and expressed optimism about trade talks with China that are slated to take place this weekend. Bitcoin’s price had fallen sharply between February and April, weighed down by uncertainty about tariffs and their potential impact on the economy, as well as disappointment with the pace of reforms by the Trump administration to support the crypto industry. With the latest...

TOKYO (Reuters) - Japanese stocks jumped on Friday, supported by the dollar's surge against the yen, after a U.S. trade deal with Britain fueled hopes of progress in tariff talks with other countries. Bitcoin soared to the highest since January and U.S. crude ticked up after a more than 3% surge on Thursday, when President Donald Trump announced the agreement with British Prime Minister Keir Starmer - the first in the month since Trump started a 90-day pause on trade tariffs to allow room for negotiations. At the same time, concerns that the limited trade agreement with London may not provide much of a blueprint for additional deals cooled optimism around the outcome of Sino-U.S. trade talks set for Saturday in Switzerland. Mainland...

During a conversation with TheStreet Roundtable Scott Melker, James Putra, SVP of Strategy at TradeStation, broke down how traditional hedging strategies are finally becoming viable in the crypto markets. “In the past, you really couldn't execute any traditional hedging strategies in crypto,” Melker noted, pointing to the historical lack of tools like options. Putra didn’t hesitate. “100%,” he replied. “We're seeing a lot of interested people doing the basis trade… ETF products being used as margin to leverage up into other areas.” Founded in 1982, TradeStation is a U.S.-based online brokerage platform that offers trading services for stocks, options, futures, and cryptocurrencies. Originally known for its advanced tools tailored...