Trump’s Tariff Suspension Sparks a Crypto Market Surge
President Donald Trump’s decision to suspend import tariffs on Canada and Mexico for 30 days created a positive wave across global markets. This development prompted a rapid recovery in the cryptocurrency market, with Bitcoin , Ethereum , and Ripple among many digital currencies experiencing gains. The surge in value was linked to
Bitcoin Supply Shock Looms as Exchange Reserves Hit Three-Year Low
Bitcoin Exchange Reserves Drop to 2.5 Million BTC Bitcoin (BTC) exchange reserves have reached their lowest level in three years, signalling a potential supply shock as institutional demand continues to rise. According to data from CryptoQuant, the total Bitcoin reserves across all cryptocurrency exchanges have declined to just 2.5 million
India revisits Crypto stance as nations ease regulations
India, the nation with the highest crypto adoption worldwide is once again reviewing its old skool takes over digital, as reported by Reuters citing a senior official the nation is re-examining its stance over cryptocurrencies with the changing mindset of other nations over the same. The economic affairs secretary of
Bitcoin Holds $95K Support Despite Intense Selling Pressure
Bitcoin has managed to remain above the critical $95,000 support level despite experiencing the heaviest selling pressure since 2022. Analysts warn that a drop below $93,000 could trigger $1.7 billion in liquidations amid mounting concerns over global trade tensions. Bitcoin Resilient Despite Heavy Selling The price of Bitcoin saw a
Bitcoin’s Chart Signals Point to a Potential Surge to $166K
Bitcoin has been under pressure this week as macroeconomic factors and geopolitical tensions weigh on investor sentiment. The crypto fear and greed index has slipped to the fear zone at 35, reflecting cautious market behavior. The key concerns include the ongoing trade tensions between the United States and China, with
Bitcoin Production Declines as Miners Battle Rising Hashrate
Miners Face Growing Challenges Amid Rising Network Difficulty Bitcoin miners reported a decline in monthly production in January as network difficulty continued to rise, making it harder to confirm transactions and mine new blocks. While major miners such as Hut 8, Marathon Digital (Mara), and Bitfarms experienced a drop in
Bitcoin-Gold Ratio Hits 12-Week Low as Gold Demand Surges
The Bitcoin-Gold ratio has dropped to its lowest level in 12 weeks, signaling a shift in investor sentiment. Gold’s surge to record highs comes as fears of a U.S.-China trade war push traders toward the precious metal. Meanwhile, Bitcoin (BTC) struggles to gain upside traction despite inflows into U.S.-listed spot
The CTO of Ripple Offers Perspective on the Recent Failure of the XRP Ledger
The XRP Ledger (XRPL) recently experienced a significant technical disruption, temporarily halting block production for about an hour. This unexpected outage raised concerns within the XRP community and allowed critics to question the network’s reliability. Unraveling the Cause of the Outage Ripple’s Chief Technology Officer, David Schwartz, commented on the situation, explaining that
Crypto Market Surges and Dips as China Retaliates Against U.S. Tariffs
The crypto market saw a sharp surge followed by a quick dip as macroeconomic tensions weighed on investor sentiment. XRP, Dogecoin (DOGE), Solana (SOL), and Cardano (ADA) recorded gains of nearly 20% before retracing, while Bitcoin (BTC) and Ethereum (ETH) remain up by around 4%. The market initially benefited from
Can Tariff Changes Increase Trust in the Crypto Market?
A recent decision by President Donald Trump to suspend import tariffs on Canada and Mexico for a month has sent positive ripples through the cryptocurrency sector. The announcement triggered a swift recovery in digital currency values, with major players such as Bitcoin, Ethereum, and Ripple all showing notable gains. This surge has been
