US Economy Soars Despite Tariff Uncertainty
New US job data shows a booming economy before tariffs hit, with unemployment rates at historic lows. This stability is reflected in Bitcoin's price, which remains steady amidst global market fluctuations.
New US job data shows a booming economy before tariffs hit, with unemployment rates at historic lows. This stability is reflected in Bitcoin's price, which remains steady amidst global market fluctuations.
Bitcoin has not yet priced in very positive developments, according to Dan Morehead, co-founder and CEO of Pantera Capital. He believes the cryptocurrency's current price is not reflecting its growing adoption and increasing institutional investment. Morehead expects Bitcoin's price to rise as it becomes a widely accepted store of value.
Stablecoins reached $30B in Q1, becoming a popular entry point for crypto investors. Market volatility and regulatory clarity drove adoption, with USDC and USDT leading the way. Stablecoins' stability and low fees make them an attractive option for newbies and seasoned traders alike.
BlaqClouds announces strong growth for BitNotify.io, a decentralized notification platform, with a 300% increase in users and a 500% increase in transaction volume. The company also unveils Zeus Wallet, a secure and user-friendly wallet that enables wallet-to-wallet encryption, further enhancing the BitNotify.io experience.
Blaqclouds reports strong growth for BitNotify.io, a blockchain-based notification platform. The company also unveils a new ZEUS wallet feature, enabling wallet-to-wallet encrypted messaging for secure communication among users.
Stablecoin adoption surges as US bills and Japan opens up. The US Federal Reserve and other central banks are exploring digital currencies, while Japan's Financial Services Agency relaxes regulations, paving the way for more stablecoin use cases.
Binovi launches presale for next-gen crypto trading platform with game-changing features, including AI-powered market analysis, real-time trade tracking, and social trading capabilities.
Michael Saylor, MicroStrategy's CEO, has been accused of using a "house of cards" strategy by investing in Bitcoin and then using the cryptocurrency's volatility to mask the company's financial struggles. Saylor's strategy involves buying Bitcoin when it's low and selling when it's high, which critics argue is unsustainable and could lead to financial ruin.
First Digital, a US-based digital asset custodian, redeemed $26 million in FUSD, a stablecoin pegged to the US dollar, after it briefly depegged from its value. The redemption was executed to maintain the stability of First Digital's customers' assets and protect their interests.
Live Markets Group announces LMGX token, setting the stage for a landmark security token offering in 2027. The token aims to democratize access to private markets, enabling individuals to invest in alternative assets.
Malta fines OKX crypto exchange €1.2 million for AML breaches, citing failure to implement adequate anti-money laundering measures and lack of transparency in reporting suspicious transactions.
The US Treasury Department targets the Houthi financial network, imposing sanctions on Russian-based Afghan nationals for providing financial services to the Houthi rebels. The sanctions aim to disrupt the group's ability to fund its activities in Yemen.
Bitcoin's hashrate has reached a record 972 EH/s, driven by US miners capturing 30% of the market. The increase is attributed to the rise of North American mining operations, which have become more competitive due to lower energy costs.
Genius Group, a financial services firm, claims it's been banned from buying more Bitcoin due to regulatory issues. The company, which offers cryptocurrency-based financial products, says it's been unable to purchase more Bitcoin for its clients despite increasing demand.
Georgia and Alabama residents are rallying behind a Michigan teenager who took his own life after falling victim to a sextortion scam. The 15-year-old was coerced into sending explicit photos and videos to an unknown number, leading to devastating consequences.
Bitcoin's spot price lags despite large purchases on Coinbase, sparking speculation about weakening US demand. Despite significant BTC buys, the market's reaction is muted, hinting at a potential shift in investor sentiment.
Despite a decline in overall capital in 2024, Bitcoin-native startups have seen a funding boost, with many securing significant investments. This trend is driven by the growing adoption of Bitcoin and its underlying technology, as well as the increasing recognition of its potential for innovation and disruption.
As Bitcoin's price volatility persists, experts weigh in on why Bitcoin's trade is similar to tech stocks. They point to similarities in market dynamics, investor psychology, and the role of speculation in driving prices. Just as tech stocks can be volatile, Bitcoin's price can swing wildly, making it a challenging investment for many.
Jim Cramer advises investors to follow the playbook from the post-dot-com bubble era, citing parallels between the then-booming tech industry and today's market. He suggests focusing on quality over quantity, diversifying portfolios, and being patient as the market corrects itself.
Texas Capital Bancshares Inc announces its Q1 2025 operating results date, with the release scheduled for April 20, 2025.