Day: April 7, 2025

MEXC Sees 4,770% Growth in New Tokens amid Market Downturn

Key Notes MEXC’s top 10 new tokens averaged a 4,770% price increase in March, defying the broader market downturn. Even amid a market crash, MEXC’s trading volume grew 56.6%. The exchange benefited massively from 0% fee campaigns and aggressive listings. While much of the cryptocurrency market suffered sharp corrections throughout March 2025, leading digital asset trading platform MEXC remained resilient to the conditions. In the face of falling giants like Ethereum ETH $1 535 24h volatility: 12.1% Market cap: $185.05 B Vol. 24h: $57.91 B and Solana SOL $104.7 24h…

Markets Plunge, Bitcoin Cracks: QCP Warns of ‘Full-Scale Economic War’

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Global financial markets faced severe turmoil this week as escalating U.S.-China trade tensions triggered panic selling across equities and cryptocurrencies, according to an April 7 analysis by QCP Capital. Volatility Spikes, Tariffs Rise: QCP Says World Nearing Economic Breaking Point On Monday, the firm reported that bitcoin initially resisted last week’s equity market downturn but […] Original

Bitcoin Goes Beast Mode—Mining Power Tops 1 Zetahash in First-Ever Surge

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Bitcoin is alive and kicking, spewing out impressive hashrate numbers like never before. Bitcoin’s network processing power has reached an unprecedented 1 Zetahash per second (ZH/s), marking a major…

Metaplanet repays 2B yen bonds early, CEO comments on BTC ‘down days’

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Metaplanet, a Japanese hotel manager turned Bitcoin treasury company, has fully repaid 2 billion yen ($13.5 million) worth of bonds ahead of schedule as it seeks to shore up its financial position. Metaplanet conducted an early redemption of its 9th Series of Ordinary Bonds on April 4, more than five months before the maturity date, the company disclosed on April 7.  The zero-interest bonds were issued in March through Metaplanet’s Evo Fund and used to acquire additional Bitcoin (BTC). Since the bonds carry zero interest, the repayment would not have…

US Federal Reserve Announces Closed Board Meeting

The central bank indicated that the meeting will be held to discuss “discount rates to be charged by the Federal Reserve Banks.” Fed to Hold Private Meeting as Market Speculation Heats up The U.S. Federal Reserve quietly published a notification on its website showing it will hold a closed board meeting on Monday, April 7, […] Source CryptoX Portal

Here’s why Bitcoin and altcoin prices may surge after the crypto Black Monday

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Bitcoin and most altcoin prices continued their strong downtrend on Monday as market participants braced for a recession.  Bitcoin (BTC) plunged to a low of $74,428 on April 7, its lowest level since November 6, and down by over 31% from its highest point this year. Altcoins did much worse as many investors exited their positions. Ethereum (ETH) crashed below $1,500 and moved to its lowest level since 2023. The other top laggards were coins like Berachain (BERA), Zcash (ZEC), Litecoin (LTC), and Maker (MKR). The ongoing crypto market crash…

Was Bitcoin price drop to $75K the bottom? — Data suggests BTC to stocks decoupling will continue

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Bitcoin (BTC) fell below $75,000 on April 6, pressured by traditional markets as S&P 500 futures hit their lowest levels since January 2024. The initial panic also caused WTI oil futures to drop below $60 for the first time in four years. However, markets later recovered some losses, allowing Bitcoin to reclaim the $78,000 level. Bitcoin’s high correlation with traditional markets tends to be short-lived While some analysts argue that Bitcoin has entered a bear market following a 30% price correction from its cycle peak, historical data offers numerous examples…

Hong Kong Unveils New Crypto Staking Policies

Key Notes The Hong Kong SFC now demands written approval to engage in crypto staking. Staking is now one of the biggest earning ventures in Proof-of-Stake protocols, hence the need for regulation. With growing engagement with the industry, Hong Kong continues its drive to be a major crypto hub. Hong Kong’s financial regulator has announced new rules guiding cryptocurrency staking service. The Securities and Futures Commission (SFC) says the new rules are part of its broader plan to support Web3 development while protecting investors. SFC Introduces Strict Requirements for Staking…

Bitcoin briefly tops $81k after rumors of Trump pausing tariffs

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Bitcoin is experiencing some heavy volatility in the market as the White House signals potential tariff relief for all but China. Bitcoin (BTC) surged past the $81,000 mark on Monday, jumping 1.74% in just five minutes after White House economic adviser Kevin Hassett reportedly said President Trump is considering a 90-day pause on tariffs for all countries except China. BTC was trading in the $76,000 – $78,000 range before breaking through resistance, hitting $81,203.39, according to crypto.news data.  The sharp move mirrored a rapid rebound in U.S. equity futures, with…

Best Presales to Invest in as Ackman Calls for Pause on US Tariffs

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Trump’s tariffs have wreaked havoc across global markets in what investors are calling ‘Black Monday.’ The relentless bloodbath that’s torn through Wall Street and the crypto markets has deflated…