Crypto News

Bitcoin, the world’s largest cryptocurrency, could serve as an inflation hedge if President Donald Trump’s tariff-driven trade tensions erode the U.S. dollar’s global supremacy, according to analysis from Messari. “Over time, we believe [tariffs] could lead to Bitcoin decoupling from U.S. equities,” said Dylan Bane, Enterprise Research Analyst at Messari, a crypto research firm. “It may increasingly be viewed not as a tech stock proxy or risk-on trade, but as a credible inflation hedge and long-term store of value.” Although Messari expects Bitcoin to maintain its high correlation with the U.S. equity market in the near future, it forecasts a major shift in the long-term. “Continued tariffs could catalyze structural economic change...

A new animated kids’ series expected to premiere this year won’t be headed for a TV network or streaming service. Instead, the founders of production studio We Ghosted Media plan to launch on a decentralized web platform that uses blockchain technology. We Ghosted Media — founded by Chris Jammal, an assistant director for "Bob's Burgers," and Jaclynn Demas, producer of hit children's show "Peg + Cat" — is a TV production studio abandoning traditional show release methods in favor of a decentralized approach, commonly referred to as Web3. The studio announced it was teaming up with Lamina1 to launch the new animated kids' series entitled "Owen Nowhere." Lamina1 was founded by "Snow Crash" author Neal Stephenson and launched in 2022 as...

In a new Roundtable discussion, HIVE Executive Chairman Frank Holmes outlined how green Bitcoin mining is creating unexpected geopolitical and economic benefits, not just for crypto investors but for entire countries. “HIVE is a unique company. It only sources green energy. It functions in nine time zones, in five languages, and it keeps getting recognized,” Holmes began. He praised his team as one of the most efficient Bitcoin miners in the world and highlighted their major presence in Paraguay—a country most Americans know little about. “What a lot of Americans don't realize is that Paraguayans love Americans,” Holmes said. “Their country exists only because of President Hayes in 1870. He stopped the genocide that was taking...

On Apr. 17, President Donald Trump said that he wasn’t keen on hiking tariffs on China because it could halt trade between the two countries. “At a certain point I don’t want them to go higher because at a certain point you make it where people don’t buy. So I may not want to go higher, or I may not want to even go up to that level,” Trump said. “I may want to go to less because, you know, you want people to buy.” Trump also told the reporters in the Oval Office that officials representing the Chinese President Xi Jinping had sought to begin talks but didn’t confirm if he was in direct contact with his Chinese counterpart. “I have a very good relationship with President Xi, and I think it’s going to continue. And I would say they...

Crypto exchange Kraken has launched FX perpetual futures, expanding into traditional markets with round-the-clock trading for major forex pairs, the company said in a blog post. The first contracts, EUR/USD and GBP/USD, are now live on Kraken Pro, with more to follow. Unlike standard forex products, FX perps have no expiry and operate 24/7, mirroring crypto futures. With FX perps, Kraken is doubling down on serving institutional and professional traders looking for deeper exposure to fiat markets through a crypto-native platform, the company said. Crypto and traditional financial markets are increasingly converging. Kraken recently launched commission-free trading for U.S.-listed stocks and exchange-traded funds (ETFs), opening access...

(Source: CryptoQuant) Bitcoin (BTC) is likely headed for a period of heightened volatility as 170,000 BTC — worth over $14 billion at its current price of $84,500 — have moved from wallets held for three to six months, a cohort often linked to market turning points, CryptoQuant warned in a post. On-chain behavior from this group has historically served as an early signal for major price action, according to the post. Mid-term holders are typically considered to be traders that hold a cryptocurrency for anywhere between three to 12 months. They tend to be more reactive to market conditions than long-term holders but less impulsive than short-term traders, making their movements especially telling during transitional periods. When...

"Choose your Fighter," Bitcoin evangelist Michael Saylor asserted on X (formerly Twitter) on Apr. 18. Saylor, co-founder and executive chairman of MicroStrategy (Nasdaq: MSTR), rebranded to Strategy, emphasized the astonishingly high return of 2,466% offered by his firm since August 2020, when it began acquiring Bitcoin. He called it the "BSE return." The Bitcoin Standard Era, or BSE, is a conceptual metric introduced by Strategy that refers to the period since Aug. 10, 2020, when the firm adopted Bitcoin as its primary treasury reserve asset — the first U.S. public company to do so. It's a grandstanding way of telling everyone that the company operates on the Bitcoin standard. The BSE return calculates how much Strategy's stock has...

Welcome to your Good Friday edition of the daybook. With markets on a shortened schedule for the Easter holiday, today’s update is shortened as well. CoinDesk's Crypto Daybook Americas will be back to its regular size on Monday, April 21. Enjoy the holiday! It's Easter. Traditional markets are closed in many parts of the world and plenty of people are taking a break from work, and that's keeping crypto markets in check as well. The CoinDesk 20 Index (CD20), a measure of the biggest, most active cryptocurrencies, has gained less than 0.1% in the past 24 hours with bitcoin (BTC) up just 0.1%. That's a pretty muted response to calls from President Donald Trump for the removal of Federal Reserve Chair Jerome Powell. Trump criticized...

Shiba Inu (CRYPTO: SHIB) has amassed a following among a certain group of cryptocurrency enthusiasts who value community and follow the hype. It probably helps that Shiba Inu's price has climbed astronomically since its launch in August 2020, despite the extreme volatility. As of April 17, this meme token is trading for a gut-wrenching 87% below its all-time high. That record was established in October 2021, at the tail end of a strong run for both stocks and cryptocurrencies. Speculative investors could be eyeing the current situation as an opportunity to be more aggressive. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue » But is Shiba Inu a better...

The Controversies The report details how MANTRA’s OM token took a dive of 90% from $6.35 to $0.37 within hours, slashing its market cap from $6.11 billion to $683 million. While CEO Mullin called out exchanges for "reckless forced liquidations" during low-liquidity periods, on-chain data revealed suspicious pre-crash activity with 43.6 million OM tokens ($227M) deposited into exchanges by 17 wallets shortly before the price drop. Trust eroded further when MANTRA’s Telegram group disappeared post-crash, fueling rug pull speculation. OKX launched an investigation into suspicious activities dating back to Mar. Despite a modest recovery to $0.73 by Apr. 15, investor confidence remains shattered. MANTRA’s recovery plan including token...

Bitcoin's (CRYPTO: BTC) long-term track record is unbelievable. In the past 10 years, the world's top cryptocurrency has seen its price soar 37,000%. This means that a $10,000 investment made back in April 2015 would be worth an eye-popping $3.7 million today. But there has been a lot of volatility along the way, to say the least. This is happening right now. Bitcoin currently trades more than 20% below its peak, as macro concerns propel risk-off sentiment from investors. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue » The future could still be bright, though. If you invest $10,000 in Bitcoin right now, what will it be worth in 10 years? There are...

Bitcoin’s price has been stable around $85,000 in recent days, showing minimal movement despite broader market uncertainty. The stability comes as the cryptocurrency market grapples with the economic effects of U.S. President Trump’s tariffs. The World Trade Organization has warned that these tariffs could slow global growth, adding more uncertainty to the markets. The Federal Reserve’s reluctance to cut interest rates has also been a factor, with Chair Jerome Powell noting that the full impact of the tariffs is still unclear, making it too soon for the Fed to adjust its policies. Despite Bitcoin’s price stability, analysts expect occasional dips before the cryptocurrency reaches its next major milestone of $90,000. BRN analyst...

Bitcoin is showing signs of recovery as it tests a crucial technical formation that has the potential to change the perception of its recent bearish trends. The market leader may be on the verge of invalidating the death cross, a bearish signal that occurs when the 50-day moving average crosses below the 200-day moving average following weeks of consolidation and erratic trading. Bitcoin is currently trading just under $85,000 coming close to the 200 EMA at about $87,500 and challenging the 100 EMA. A highly significant intersection for the short- to midterm direction of Bitcoin is suggested by the convergence of moving averages. A clear close above the 200 EMA would indicate a significant death cross reversal and might rekindle...

Bitcoin’s price has been stable around $85,000 in recent days, showing minimal movement despite broader market uncertainty. The stability comes as the cryptocurrency market grapples with the economic effects of U.S. President Trump’s tariffs. The World Trade Organization has warned that these tariffs could slow global growth, adding more uncertainty to the markets. The Federal Reserve’s reluctance to cut interest rates has also been a factor, with Chair Jerome Powell noting that the full impact of the tariffs is still unclear, making it too soon for the Fed to adjust its policies. Despite Bitcoin’s price stability, analysts expect occasional dips before the cryptocurrency reaches its next major milestone of $90,000. BRN analyst...

Babylon Labs has seen its total value locked (TVL) drop by 32%, following the unstaking of $1.26 billion in Bitcoin from its platform. On April 17, blockchain analytics firm Lookonchain flagged several addresses involved in the withdrawals, totaling 14,929 BTC. The majority of the unstaked Bitcoin, about 13,129 BTC, valued at roughly $1.1 billion, came from one address. This significant movement of funds caused Babylon’s TVL to fall from $3.97 billion to $2.68 billion. The unstaking coincided with Babylon's recent airdrop on April 3, where it distributed 600 million BABY tokens to early adopters, including Phase 1 stakers, NFT holders, and developers. After the airdrop, $21 million in Bitcoin was unstaked, which is a typical reaction...

Over $130 Million in BTC Stuns Top Crypto Exchange Coinbase Leading U.S. crypto exchange Coinbase (NASDAQ:COIN) has just been hit with a massive Bitcoin inflow totaling over $130 million, sparking fresh speculation around possible whale activity and market shifts. The movement was flagged by blockchain monitoring platform Whale Alert, which tracked two consecutive BTC transfers on April 17. According to the data, a total of 1,546 BTC was sent to Coinbase in less than an hour. The transactions originated from the same mysterious wallet "3Pfmv9Cibqx3", suggesting a single entity was behind both moves. The first transfer included 746 BTC, valued at approximately $63.1 million. The second, just minutes later, involved 800 BTC, worth...

Fund manager VanEck has received approval from the Securities and Exchange Commission to launch a new crypto ETF focusing on crypto-related stocks. The Onchain Economy ETF (NODE) aims for long-term capital appreciation by investing at least 80% of its net assets in "Digital Transformation Companies and/or Digital Asset Instruments," which include those involved in exchanges and crypto mining. The management fee is set at 0.69%. The actively managed NODE will target holding 30 to 60 stocks from a pool of over 130 companies connected to the digital asset economy, such as exchanges, miners, data centers, and more. Up to 25% of the fund's assets will be tied to crypto exchange-traded products. The target launch date is May 14. VanEck’s...

Kraken, one of the world's largest cryptocurrency exchanges, is reorganizing its workforce by reducing some positions and consolidating teams where redundancies exist, while continuing to hire in key areas, a company spokesperson said on Thursday. "We continuously evaluate our workforce to ensure it aligns with our strategic priorities," the spokesperson said. Last year, Kraken appointed Arjun Sethi as co-CEO and announced a 15% reduction in its workforce, impacting about 400 employees. This follows the U.S. Securities and Exchange Commission's dismissal of a civil lawsuit in March, which had accused Kraken of operating illegally as an unregistered securities exchange. In a statement on its blog, Kraken had called the dismissal a...

A new study predicts that Bitcoin could hit $1 million as early as 2027 as a result of daily withdrawals from liquid supply exceeding 1,000 BTC. The model is based on economic fundamentals and describes a setting whereby institutional accumulation is increasing and supply is contracting quickly—driving prices at an increasingly rapid rate. Published in the Journal of Risk and Financial Management, the study named ‘A Supply and Demand Framework for Bitcoin Price Forecasting’ uses a supply and demand equilibrium model built specifically off of Bitcoin's fixed issuance schedule. Unlike traditional commodities, Bitcoin is particularly vulnerable to supply shocks because it cannot increase production to meet increasing demand. “This...

As traditional markets take a pause for Good Friday on April 18, global stock exchanges across the U.S. and Europe will remain closed—but the crypto markets won’t sleep. Unlike equities, which operate on fixed hours and take holidays off, cryptocurrencies trade 24/7, including weekends and public holidays. This constant access is a core feature of the crypto economy, offering investors flexibility, liquidity, and real-time market exposure no matter the calendar date. During times of both macroeconomic and geopolitical uncertainty, such as the present U.S.-China tariff dispute, crypto markets offer a continuously available venue for price discovery and portfolio diversification. Traders are able to immediately react to adjustments in...