Bitcoin is currently trading at $76,899, marking a 3.7% decline in the past 24 hours and a 29.4% drop from its all-time high above $109,000 recorded in January. After falling below $80,000 on Sunday, the digital asset has struggled to reclaim upward momentum, reflecting persistent selling pressure in the broader crypto market. While price action […]
Nvidia hoax costs Hedera $1 billion in market value Paul L. Cryptocurrency Apr 9, 2025 Share Distributed ledger cryptocurrency platform Hedera (HBAR) has suffered a massive capital outflow of almost $1 billion after it turned out that news of a collaboration with semiconductor giant Nvidia (NASDAQ: NVDA) was a hoax. The false report claimed that […]
Since Bitcoin failed to hold above the $100,000 psychological barrier earlier this year, its bullish momentum has gradually unraveled. The pullback has deepened over the past two months, with Bitcoin trading between $75,000 and $79,000 in April. The bullish prospect is becoming very weak, and the crypto sector is searching for technical clarity amidst a […]
Here’s how Ripple’s Hidden Road acquisition could impact XRP demand Aneena Alex Cryptocurrency Apr 9, 2025 Share Ripple is making a major push into institutional finance with a $1.25 billion acquisition of prime brokerage firm Hidden Road, a deal that could significantly influence future demand for XRP. Announced on April 8, the deal marks one […]
Rumors have been circulating that Strategy will be forced to liquidate its Bitcoin reserves if the price keeps dropping. The specific fears have been overstated, but the fundamental idea might be essentially true. In any event, both Bitcoin and the firm’s stock price rose substantially after Trump announced a tariff pause. The immediate danger of […]
XRP’s network activity explodes to a record-high Paul L. Cryptocurrency Apr 9, 2025 Share After an extended bout with volatility, XRP’s network activity has hit an all-time high, a milestone likely to impact the asset’s price as it seeks to reclaim the $2 resistance level. The network has reached a record-breaking 6.26 million addresses holding […]
U.S. Bitcoin ATM count drops despite ‘pro-crypto presidency’ Andreja Stojanovic Cryptocurrency Apr 9, 2025 Share The cryptocurrency community welcomed Donald Trump’s re-election as promised to help bolster the position of digital assets in the U.S., ending the practice of ‘regulation by enforcement,’ and even establishing a national strategic reserve. The initial months of the actual […]
XRP ETF debuted yesterday; Here’s how it performed Aneena Alex Cryptocurrency Apr 9, 2025 Share The first-ever leveraged XRP ETF in the United States, Teucrium’s 2x Long Daily XRP ETF (NYSE Arca: XXRP), made a strong market debut on April 8, 2025. The fund recorded $5 million in trading volume on day one, placing it […]
During Donald Trump’s campaign for the presidency, he promised that “all” bitcoin (BTC) should be “made in the US.” However, his new tariffs are likely to hurt the US BTC mining industry. BTC mining depends on specialized computers based around application-specific integrated circuits (ASICs) that are specifically optimized for Bitcoin’s hashing algorithm. These machines are […]
ChatGPT picks 2 cryptocurrencies to buy with your IRS stimulus check Paul L. Cryptocurrency Apr 9, 2025 Share As tax season comes to a close, many Americans are still eligible to claim up to $1,400 via the IRS stimulus check, courtesy of the Recovery Rebate Credit. The Internal Revenue Service has already shared a reminder, […]