Author: Anthony M. Orbison
The cryptocurrency industry is currently undergoing an immense shake-up. The market was all set to witness Bitcoin (BTC) soar as Donald Trump took over as the 47th President of the US. But the world’s largest cryptocurrency was moving in a whole new direction. The king coin has been struggling in terms of price and is currently trading 23% below its all-time high of $109,114.88. This peak was achieved just two months ago in January 2025. But BTC’s latest crash came as a huge shock to the market. Also Read: Donald Trump Reacts to US Stock Market Crash, The President Says…
BitMEX co-founder Arthur Hayes says US President Donald Trump’s tariffs may rattle the global economy in some ways, but that same disruption could be exactly what Bitcoin needs to rally.“Global imbalances will be corrected, and the pain papered over with printed money, which is good for BTC,” Hayes said in an April 3 X post.Several factors contribute to Bitcoin’s potential pump“Some of y’all are running scurred, but I LOVE TARIFFS,” Hayes said. His comments come just a day after it was announced that the Trump administration will hit all countries with a 10% tariff starting April 5, with some countries facing…
Bitcoin (BTC) and US stock markets all sold off sharply after US President Donald Trump shook up financial markets by announcing a list of reciprocal tariffs on several countries. On April 3, the S&P 500 saw a 4.2% drop at market open, its most significant single-day decline since June 2020. The Dow Jones Industrial Average fell 3.41%, to 40,785.41 from 42,225.32, while the Nasdaq Composite dropped 5.23%. Overall, $1.6 trillion in value was wiped out from US stock at the market open. Bitcoin’s value dropped by 8%, but a positive is bulls seem capable of defending the $80,000 support level.…
Altcoins may have just one last rally this cycle, but only those with real utility and strong network activity will see price gains, according to an analyst. “I think there will be one more breadth thrust from altcoins. The question is, is it a sustained rally that we will see for six to twelve months,” Real Vision chief crypto analyst Jamie Coutts told Real Vision co-founder Raoul Pal on an April 3 X livestream.Network activity will be the ‘north star’ for how to trade crypto“At this stage, I am not too sure, but I do believe that quality altcoins where activity…
Singapore-based artificial intelligence firm Genius Group says it’s temporarily barred from expanding its Bitcoin treasury after a US court order has banned it from selling shares, raising funds and using investor funds to buy more Bitcoin.A New York District court issued the preliminary injunction (PI) and temporary restraining order (TRO) on March 13 in connection with a broader dispute surrounding its merger with Fatbrain AI, the Genius Group said in an April 3 statement.Fatbrain AI and Genius Group completed a merger and purchase agreement in March 2024, but by Oct. 30, Genius initiated arbitration procedures to terminate, alleging fraud by…
Robert Kiyosaki, author of the bestselling financial self-help book Rich Dad Poor Dad has been vocal about Bitcoin and gold. The analyst has been regularly urging his followers to accumulate the assets at every dip and wait for the long-term. He cites that banks and the Feds steal people’s money keeping them poor while BTC and gold help them with their financial aspirations.Also Read: Shiba Inu (SHIB) & Dogecoin (DOGE) Mid-April 2025 Price ForecastAmid the soaring prices of gold and Bitcoin this year, Kiyosaki explained that another asset could deliver phenomenal returns. The commodity market is outperforming the stock market…
The number of pre-seed funding rounds for Bitcoin (BTC) startup companies has grown by 767% since 2021, according to a report from venture capital firm Trammell Venture Partners (TVP).Bitcoin pre-seed transactions increased 50% year-over-year in 2024, with a 27.5% year-over-year increase in the number of startup companies funded.Christopher Calicott, TVP’s managing director, attributed the increased deals to the robust security of the BTC network:”Many entrepreneurs across crypto are revisiting the Bitcoin stack as the long-term place to build their companies. It makes perfect sense: The objectively most secure, reliable, and decentralized blockchain is the obvious platform of choice.”However, the capital…
The presence of new ‘Liberation Day’ tariffs from the returning Trump administration has thrown the US financial markets into a spiral. Indeed, the US stock market and cryptocurrency sector have struggled amid the action. However, Standard Chartered Bank is still bullish on Bitcoin, reiterating the asset’s $500k target for Trump’s second term.The bank had previously said that the leading cryptocurrency could reach the landmark price before the end of Trump’s second stint in the Oval Office. However, that has come into question amid the recent downturn that has caused the asset to fall below the $82,000 level. However, the belief…
On April 3, yields on long-term US government debt fell to their lowest levels in six months as investors reacted to growing concerns over the global trade war and the weakening of the US dollar. The yield on the 10-year Treasury note briefly touched 4.0%, down from 4.4% a week earlier, signaling strong demand from buyers.US 10-year Treasury yield (left) vs. Bitcoin/USD (right). Source: TradingView / CointelegraphAt first glance, a higher risk of economic recession may seem negative for Bitcoin (BTC). However, lower returns from fixed-income investments encourage allocations to alternative assets, including cryptocurrencies. Over time, traders are likely to…
On Tuesday, Rep. Keith Ammon addressed a New Hampshire House Ways and Means Committee on House Bill (HB) 302, which would permit the state’s treasurer to invest in bitcoin. In speaking to the committee, he brought up the United States’ excessive debt and made the case for the state of New Hampshire to invest in bitcoin as a means to mitigate the ravaging effects of inflation. As I listened to his petition, I got the sense that Rep. Ammon was a dyed-in-the-wool Bitcoiner, someone inside of the system doing his best to get members of the legislature of the state…