Bitcoin Holds Steady as Fed Resists Pressure to Cut Rates
Federal Reserve Chair Jerome Powell has made it clear—there’s no immediate plan to ease monetary policy, despite market turmoil following President Donald Trump’s new tariffs. As stocks nosedived, Bitcoin (BTC) briefly surged but later settled below $83,000, maintaining a strong position compared to equities. Powell Stands Firm Amid Market Chaos
On April 5, the US government will disclose its cryptocurrency holdings, including Bitcoin.
The US Department of the Treasury and other federal departments will publicly disclose their cryptocurrency holdings on April 5, following President Trump’s directives on March 6. The order entails the establishment of the Strategic Bitcoin Reserve and a Digital Asset Stockpile with the goal of considering Bitcoin a key national
Bitcoin Drops Below $84K as $115B Sell-Off Stuns Markets
The cryptocurrency market faced a sharp downturn this week, with Bitcoin (BTC) plunging below $84,000 after a $115 billion sell-off erased recent gains. Ethereum’s (ETH) performance also faltered, highlighting persistent macroeconomic pressures on risk assets. Bitcoin’s Sudden Decline Bitcoin, which was trading near $88,000 just a day earlier, tumbled to
Bitcoin Whales Accumulate $11B Amid Market Recovery
According to blockchain analytics firm Glassnode, Bitcoin whales—wallets holding over 10,000 BTC—have accumulated over 129,000 BTC, worth $11.2 billion, since March 11. This marks the highest accumulation rate since August 2024, suggesting strong belief in Bitcoin’s long-term potential. The move comes even as technical signals and macroeconomic headwinds raise questions
Crypto Inflows Rebound with $644M Boost as Bitcoin Leads Charge
After five consecutive weeks of outflows totalling $5.4 billion, crypto investment products have bounced back, signalling renewed investor confidence. Last week saw $644 million in net inflows, with Bitcoin (BTC) leading the market recovery. Bitcoin Dominates the Comeback According to CoinShares, BTC attracted $724 million in inflows, reversing weeks of
A supply chain attack on Coinbase’s agentkit AI tool is swiftly stopped.
Coinbase has successfully thwarted a cyberattack targeting its open-source AI toolkit, agentkit. The attacker aimed to exploit GitHub permissions to insert harmful code into the project’s automated build system. Thanks to Coinbase’s quick response and support from security experts, no significant damage occurred. The incident was first reported on March 23
Bitcoin Volatility Lull Won’t Last, Derive Warns of Impending Storm
Bitcoin (BTC) has settled into a period of low volatility, but this calm may be temporary. Derive, an on-chain crypto options platform, suggests that a storm of price swings could be on the horizon as volatility indicators reach near-monthly lows. BTC Consolidation Signals Imminent Volatility Since March 12, BTC has
Bitcoin Price Dips Below $80K as Market Faces $1 Trillion Sell-Off
Bitcoin and the broader crypto market have been hit hard in recent weeks, shedding a staggering $1 trillion in value. The sharp downturn follows growing concerns about inflation, interest rates, and a potential U.S. recession, all of which have spooked investors. The bitcoin price has slipped below $80,000, dragging down
Pi Coin Soars Above $1.70 on Market Optimism
In a notable development, Pi Coin has witnessed a remarkable increase of over 5% in its value over the past 24 hours, recovering from a recent dip that brought its price down from a peak of $3. Currently trading between $1.70 and $1.95, market sentiment is buoyant, with many believing
Why was Cardano added to the U.S. Crypto Reserve by Trump?
U.S. President Donald Trump’s decision to include Cardano’s native cryptocurrency ADA in his planned “strategic crypto reserve” sent shockwaves through the blockchain community, and it made massive gains. ADA’s value jumped more than 70% in under 24 hours as investors scrambled to fill up their bags of the newly crowned
