Stablecoin market cap tops $246 B after a $2.5 B weekly influx, outpacing equities as USDT and USDC mint into risk-on flows. Nigel Green, chief executive of global financial advisory firm deVere Group, expects Bitcoin to set new milestones in the coming months. Bitcoin also took a battering in the immediate aftermath of Mr Trump’s controversial “Liberation Day” tariffs – slumping to lows of $75,000 in April as investors dumped riskier assets. The surge follows a pretty dramatic 2025 for Bitcoin (BTC), with Donald Trump’s presidency making this digital asset even more volatile than usual.
Whether you’re a beginner or an expert, find the right partner to navigate the dynamic Forex market. Halvings are typically considered bullish events as they slash the block reward in half for miners, constricting the supply of the asset. The consolidation comes after a sharp uptick from the drop to 62% on May 14. Investors could consider capital rotation by selling BTC at a profit and channeling the proceeds to select altcoins like Ethereum and Cardano. Bitcoin dominance, which shows the percentage of BTC’s market share compared to altcoins, is moving broadly sideways, slightly above 64%, as observed in the chart below. The cross-border remittance token Ripple (XRP) suddenly broke its impressive 80-week inflow streak with $37.2 million outflows.
Coinbase teams up with Toronto FC for crypto push despite KYC data breach
- In a Wednesday announcement, K33 said it had entered into a financing agreement to buy over 60 million Swedish krona ($6.2 million) in the leading cryptocurrency.
- If that is, then the terms Bitcoin, Ethereum or at least Blockchain should ring a bell.
- Bitcoin was being exchanged but it took until 2010 for the first Bitcoin transaction to take place (for a legitimate physical item).
- As market dynamics shifted, resulting in a significant increase in treasury yields, investors expanded their scope, embracing risk assets such as Bitcoin and other digital assets amid the need to diversify investments.
- Blockchain is the network upon which most of these cryptocurrencies operate on.
Inflows into Ethereum-related assets totaled $326 million, the highest level in 15 weeks, possibly due to positive sentiment surrounding the recent Pectra upgrade. The United States accounted for the lion’s share of the inflows, recording $3.2 billion at the end of the week. At the same time, Germany, Australia, and Hong Kong contributed $41.5 million, $10.9 million and $33.3 million, respectively.
Ethereum price is up 5%, reclaiming key resistance levels with daily trading volumes increasing by 12.46%, as bulls take charge ahead of $2.4B options expiry. The card, facilitated by crypto card enabler Baanx, offers users 1% cashback in bitcoin (BTC) or USDC on purchases, and the ability to directly deposit paychecks into the on-chain card account via bank transfer. Strategy, the largest corporate holder of bitcoin, has funded its latest acquisition through three different at-the-market programs.
With thousands of cryptocurrencies shaping finance, https://ai-robert.com/1-oz-of-gold-how-many-grams/ gaming, and technology, understanding their impact on the global economy is more important than ever. As the go-to source for Bitcoin news, cryptocurrency news, and crypto market analysis, NewsBTC remains committed to empowering its readers with the knowledge and tools necessary to navigate the exciting and transformative world of digital assets. Furthermore, NewsBTC recognizes the importance of timely and accurate information in this fast-paced crypto market. The latest cryptocurrency news plays a pivotal role in helping investors identify potential investment opportunities and manage their portfolios effectively. This dedication to promptness and precision sets NewsBTC apart as a trusted source for cryptocurrency enthusiasts, traders, and investors worldwide.
We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies. The altcoins market sustains the uptrend momentum, with decentralized finance (DeFi) and meme coins leading the way, despite the short-term volatility in Bitcoin (BTC), signaling a chance of a new altseason. For the average millennial or at least anyone that pays attention to the business world, the term “cryptocurrency” would not seem like such a strange word. If that is, then the terms Bitcoin, Ethereum or at least Blockchain should ring a bell. One might wonder, why are these terms suddenly so prevalent, especially cryptocurrency news? Computing is getting rather pervasive and the society is leaning towards digital services.
Bitcoin Diamond Hands Are Buying Again, Here’s Why It’s Bullish For The Market
Rising USDT activity signals potential crypto recovery, but macroeconomic factors and the March 18 FOMC meeting will shape the outcome, per Kronos CIO Vincent Liu. Ethereum burned a record-low 53.07 ETH ($106K) in a day, signaling weak block space demand. BlackRock’s $2.7 B tokenized T‑bill fund shows RWAs are now profit drivers, not pilots, with spreads under 10 bp. CryptoQuant models tip a range of $88K–$108K unless weekly ETF inflows break the $1 billion mark. Google may have a licence agreement with some of these publishers, but it has no impact on the ranking of results.
The accounts, tagged as frozen on Solana block explorer Solscan, maintain $44.59 mil… Cryptocurrencies are digital or virtual currencies that use cryptographic methods to secure transactions and control the creation of new units. Unlike traditional fiat currencies, which are issued and regulated by central authorities such as governments or central banks, cryptocurrencies operate on decentralized networks. These networks often employ blockchain technology, a public ledger system that records all transactions transparently and immutably.
Bitcoin Pepe is approaching its final presale milestone with just two days remaining until the long-awaited May 31 centralised exchange (CEX) listing. The project has already raised $12,139,762 of its $12,701,500 target, setting the stage for what could be one of the most significant meme coin launc… During the US presidential election campaign, Trump sought to appeal to cryptocurrency investors with a promise to sack Gary Gensler – chair of the US financial regulator the Securities and Exchange Commission (SEC) – on “day one” of his presidency. According to the latest data, Ethereum (ETH) experienced a staggering nearly 20% drop in price over the seven days ending March 9, 2025, marking its largest weekly percentage decline since November 2022. Cryptocurrencies like bitcoin offer traders full control of their funds without the need for a bank or permission from a government to buy, sell or hold it.
Fed Holds Rates Steady: Dovish Signals Ignite Market Rally, Stagflation Concerns Loom
The trade-off is that if funds are lost or stolen, there can be no way to get them back. Ethereum (ETH) trades above $2,600 on Wednesday, following predictions that it would eventually outperform Bitcoin (BTC), considering the top crypto potentially faces slower gains due to the impact of diminishing returns on its rising market cap. In the meantime, the 4-hour charts below highlight a minor bullish bias in the Ethereum and Cardano price performance. Both assets sit above key moving averages, including the 50-, 100-, and 200 EMAs. The direction Bitcoin dominance will take in the coming days will provide more information on whether altcoins will sustain the gains or pull back from current and recent highs.