Crypto News

None Bitcoin bounced. A bit. The leading currency recently traded around $84,000, rising back above the prices below $77,000 seen late last week that were in the neighborhood of their pre-election levels but retreating slightly from levels logged earlier today. That recovery has come as crypto trading volume has fallen, Oppenheimer analysts wrote in a note published Tuesday, with investors’ risk appetite pressured by trade-related uncertainty that has counteracted enthusiasm about the crypto industry’s prospects after President Donald Trump’s reelection. “It's unfortunate to see Trump's on-and-off again tariffs have driven bear market concern, recession fear, and pullback of retail trading,” they wrote. A silver lining, they argued...

Fed’s Powell’s Speech, Data Release in Focus: How Will Crypto React? As the crypto market faces increased volatility in the early Wednesday session, all eyes are now on Federal Reserve Chair Jerome Powell’s impending speech and retail sales data for March, released today. Powell is scheduled to speak at the Economic Club of Chicago on Wednesday on his outlook for the U.S. economy. Any clues regarding interest rate changes, inflation control or economic growth might have implications across all financial markets, including cryptocurrencies. If the Fed chair strikes a hawkish tone, signaling higher-for-longer interest rates, risk assets such as cryptocurrencies could face short-term selling pressure. On the other hand, if Powell takes...

© Reuters BlackRock Adds 455 Bitcoin (BTC) in One Day: Details Despite uncertainty and nervousness palpable on the market, Bitcoin ETFs returned to net positive territory, with BlackRock’s iShares Bitcoin Trust (IBIT) once again emerging as the dominant force in the sector. As it became known thanks to data from Lookonchain, in the last 24 hours IBIT recorded the largest one-day inflow among all Bitcoin ETFs, adding 455 BTC to its holdings, bringing its total to 571,869 BTC. This single-day performance outweighed the collective outflows seen across competitors. Fidelity’s FBTC, the second-largest Bitcoin ETF by assets, held its position with no inflows or outflows, while ARK 21Shares (ARKB) added 160 BTC. Bitwise (BITB) also showed...

Bitcoin was born as a response to institutional failure, a decentralized escape hatch from corruptible centralized finance, and a north star of self-sovereignty. Bitcoin’s true vision was a peer-to-peer electronic cash system. That phrase is right there in the Bitcoin white paper’s title from Satoshi himself. Today, Bitcoin is many things: - A store of value - A form of digital gold - A macro asset But Bitcoin is not electronic cash. It is too volatile for daily use, too slow to scale, and too rigid to adapt as a cash equivalent. Somewhere along the way, Bitcoin gave up on being the system and instead became the signal. Ethereum, by contrast, might be the one actually delivering on Bitcoin’s original promise. Thanks to Ethereum’s...

© Reuters. Strategy's Saylor Issues One-Word Verdict for Bitcoin Just as Bitcoin (BTC) goes through a stressful trading day, Michael Saylor has stepped into the spotlight — without saying much, yet enough. In a new post today, the Strategy CEO shared an AI-generated photo of himself at a chessboard, captioned simply: "Bitcoin is Chess." What matters is that the timing of the post coincides with rising unease on the financial markets as all await fresh commentary from Federal Reserve Chair Jerome Powell. Chess, after all, is about structure and strategy, not panic and prediction. Let’s be fair, Saylor has mastered playing this long game, as Strategy, the company he chairs, holds one of the largest Bitcoin treasuries on the planet...

The performance of bitcoin (BTC) mining stocks was mixed in the first two weeks of April, with pure play operators outperforming those with exposure to high-performance computing (HPC), JPMorgan said in a research report. Only MARA Holdings (MARA) and CleanSpark (CLSK) outperformed the largest cryptocurrency during the period, while miners with exposure to HPC, which is used in applications including AI, such as Bitdeer (BTDR), TeraWulf (WULF), IREN (IREN), and Riot Platforms (RIOT) underperformed. The bank noted that March was a good month for the U.S.-listed miners. They added 15 exahashes per second of capacity and mined more tokens. The first two weeks of April were not as positive. "Network hashrate growth outpaced U.S. operator...

FFGI Announces FFG Token: A New Chapter in Blockchain-Based Film Finance Raleigh, United States, April 16th, 2025, Chainwire Film Finance Group International (FFGI), a North Carolina-based film finance innovator, has officially unveiled its upcoming ERC-20 utility token: FFG Token ($FFG). Built to power a transparent, milestone-based film funding ecosystem, FFG Token is an asset-backed token that bridges real-world production workflows with secure, blockchain-based infrastructure. FFG Token is scheduled to go live in the coming weeks, with a capped supply of 1 billion tokens and integrated governance mechanics to allow token holders to vote on curated film projects. Backed by real-world film budgets and anchored by a proprietary...

© Reuters Bitcoin (BTC) on Verge of Epic $600 Million Short Squeeze: Details Bitcoin’s price seems to be steadily rising during today’s session, but there is some pressure building just above the current levels. As reported by analyst Ali Martinez, if BTC goes to $86,900, it could trigger a major liquidation event, as there are more than $600 million in short positions exposed at this crucial price point. This is not just some random number. It represents traders who are highly leveraged — many of whom are sitting on 50x to 100x positions — and are now dangerously close to the edge. The total short liquidation leverage right now is $615.42 million, with $1.51 million at 50x and $7.36 million at 100x in particular. At press time...

The U.S. dollar has been the international reserve currency since the end of World War II. Could that be changing? BlackRock CEO Larry Fink, along with several crypto experts, believe there’s a chance it could. Not immediately, but someday. Maybe. “It is very unlikely in the short term,” said CK Zheng, co-founder and CIO of ZX Squared Capital. “But in the long run, the possibility is increasing.” The dollar’s relative stability has made it the currency of choice for international exchange and a generally recognized “safe” place to store wealth for nearly a century. In his annual letter to investors, Fink wrote, “If the U.S. doesn’t get its debt under control, if deficits keep ballooning, America risks losing that position to digital...

President Donald Trump’s crypto project World Liberty Financial has signed a new partner: A market maker that has been accused in reports of manipulative trading activity. Crypto trading house DWF Labs bought $25 million worth of World Liberty’s WLFI tokens in a “strategic private transaction,” according to a statement from the company. It also agreed to provide liquidity for the project’s upcoming USD1 stablecoin. “As our partner, we expect DWF Labs to help accelerate the next-generation infrastructure we’re actively building and deploying at WLFI,” Zak Folkman, co-founder at World Liberty Financial, said in the DWF statement. World Liberty didn’t immediately respond to a request for comment. DWF is based in Dubai, according to the...

The founders of crypto startup Glider want to help people invest in crypto more easily without having to deal with brokers or centralized exchanges. To do so, Glider seeks to let users automate crypto trading, swaps, and other activities involved in decentralized finance in a personalized way. Decentralized finance, or DeFi, refers to a sector of the crypto industry that uses blockchains and digital contracts to offer financial services without intermediaries like banks. “Glider does everything behind the scenes or runs in the background, but you have full control of your assets and you still get the underlying utility of all those assets.” On Wednesday, the one-year-old company said it has raised $4 million in funding led by...

© Reuters Dormant Bitcoin Whale Makes Massive BTC Purchase on Binance A Bitcoin whale that was in hibernation for two years has come back to life and immediately went to buy some BTC. This whale made a hefty purchase on the world’s largest crypto exchange, Binance, as it went to buy 100 Bitcoins, paying $8.33 million for that batch of crypto. The whale made two BTC transfers from a Binance hot wallet — one was worth $8.33 million, and the other only $834. These transactions were shared on the X social media network by analytics account @lookonchain. Bitcoin ATH could happen this quarter: Top analyst As reported by U.Today earlier, major cryptocurrency analyst Michael van de Poppe published a chart showing a crucial factor that may...

Cryptocurrency prices have dropped due to increasing U.S.-China trade tensions. The White House announced a significant tariff on Chinese imports and placed restrictions on chip exports. Bitcoin (BTC) fell over 2.2%, and the broader market index, CoinDesk 20, declined by 3.75%. Market indicators show a downturn in other risk assets, like Nasdaq 100 and S&P 500 futures. The stability previously seen in Bitcoin appears to be waning. Analysts suggest the recent decline indicates a new bear market cycle. Several metrics suggest that a bullish cycle might have ended. This downturn is seen as an opportunity for traders to hedge more effectively in spot trading. Prime brokers have adjusted their models, noting that the market's next...

© Reuters BTCS Inc. (BTCS) expands ChainQ platform with Bitcoin BTCS Inc. (BTCS), a blockchain technology-focused company, announces a major expansion of its AI-powered blockchain analytics platform, ChainQ. This latest enhancement introduces all historical Bitcoin blockchain data, coupled with substantially improved performance, further solidifying ChainQ as a premier solution for blockchain data exploration and analysis. Unprecedented Access to Bitcoin’s Historical Data With the addition of Bitcoin’s complete historical blockchain dataset, ChainQ enables users to seamlessly analyze Bitcoin transactions, addresses, and patterns dating back to its 2009 genesis block. This vast dataset provides researchers, investors, and developers...

Semler Scientific, a healthcare technology firm, has reported significant paper losses on its Bitcoin investments, amounting to approximately $41.8 million since Dec. 31, 2022. This decline coincided with a sharp correction in the crypto market, as Bitcoin prices fell from $93,500 at the start of January to $82,350 by the end of March. The company holds 3,182 BTC, valued at around $263.5 million as of March 31, 2023. In its latest SEC filing, Semler also projected revenues between $8.8 million and $8.9 million for the first quarter, alongside operational losses estimated between $1.3 million and $1.5 million. As of the end of March, the firm reported holding approximately $10 million in cash and cash equivalents. In a separate...

Singapore, Singapore, April 16th, 2025, Chainwire HTX DAO, a decentralized autonomous organization committed to building a transparent and community-driven Web3 financial hub, has successfully completed its Q1 2025 $HTX token burn. According to on-chain data, a total of 11,338,023,612,750.992 $HTX tokens, valued at over US$19.2 million were burned this quarter. Despite a volatile market backdrop—where Bitcoin retraced more than 30% from a high of nearly $110,000 to around $70,000, and global crypto trading volume declined by 27% according to Coingecko—HTX DAO remained steadfast in executing its deflationary strategy. The Q1 burn saw only a 15% decrease compared to the previous quarter, demonstrating HTX DAO’s strong commitment to...

© Reuters Are All Bitcoin Hardware Wallets in Danger? Critical Vulnerability Discovered The ESP32 chip, which is frequently found in less expensive Bitcoin hardware wallets, has a recently discovered critical vulnerability. The random number generator on the chip has an insufficient entropy problem, which is currently listed under CVE-2025-27840. This defect severely impairs the chip’s capacity to produce secure private keys, putting users at risk of malicious firmware updates or brute-force key-pair attacks that might result in illegal Bitcoin transactions. Established by Espressif Systems, the ESP32 chip is a well-liked low-power microcontroller that has Bluetooth and Wi-Fi built in. Because of its affordability and versatility, it...

Forget about Bitcoin (CRYPTO: BTC). Forget about speculative meme coins. And forget about risky altcoins. At a time when many cryptocurrencies are losing value, the single best crypto investment opportunity of 2025 could turn out to be stablecoins. That might be surprising, given that stablecoins are designed to be, well, stable. They always trade for $1, so you won't become a crypto millionaire by investing in them directly. But there are a number of ways to invest in them indirectly, and that's where things get interesting. **What is a stablecoin?** The easiest way to think about stablecoins is that they are digital dollars. That's because they are typically pegged 1-to-1 to the U.S. dollar and fully backed by cash and cash...

© Reuters. AB DAO and Bitget Launch Dual Reward Campaign, Distributing $2.6M Worth of $AB Globally Singapore, Singapore, April 16th, 2025, Chainwire Today, AB DAO officially announced the launch of a dual reward campaign in collaboration with Bitget (bitget.com), the world’s second-largest digital asset trading platform. In celebration of AB’s Token Generation Event (TGE), the campaign will distribute a total of 213,307,000 $AB, valued at approximately $2.6 million USD, to users worldwide—aiming to ignite participation and accelerate ecosystem activation. Campaign 1: PoolX Staking – Stake AB & BGB to Earn $AB Airdrops Staking Period: April 16, 2025, 10:00 – April 30, 2025, 10:00 (UTC+8) Total Airdrop Pool (NASDAQ:POOL)...

President Donald Trump's announcement that the U.S. will delay imposing his tariffs for 90 days could provide a unique buying opportunity for crypto investors. Quite simply, it could be the time to load up on cryptos that will continue to perform well, even when higher tariffs go into effect this summer. Right now, I have two names on my crypto investment radar: Bitcoin (CRYPTO: BTC) and Render (CRYPTO: RENDER). Both are top 50 cryptocurrencies based on market cap, and both are up during the past 30 days, despite the tariff-induced volatility. In addition, I'm keeping my eye on one red-hot sector of the crypto market that could yield some interesting investment opportunities later in 2025. Bitcoin The obvious no-brainer pick here is...