Day: April 7, 2025

Ethereum Price Looks Set To Crash To $1,000-$1,500, But Can It Fill The CME Gaps Upwards To $3,933

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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. Ethereum is facing renewed downward selling pressure, with the entire crypto market entering a fresh downtrend in the past 24 hours. This renewed selling pressure has seen the Ethereum…

Bitcoin bleeds, stocks sink, and tariffs spike — is this the start of a global sell-everything moment?

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With $1.4 billion in crypto liquidations in one day, are we just getting started — or close to bottoming out? Tariffs rattle the global markets As of Apr. 7, the global market environment has taken a sharp downturn, triggered by a single policy shift. On Apr. 2, President Donald Trump announced what he called “Liberation Day” tariffs — aggressive import duties that immediately shifted the tone in both equity and crypto markets. Trump’s tariff regime has been sweeping. Imports from Canada and Mexico now face a 25% duty, while Chinese…

Bitcoin (BTC) Holdings at MSTR Steady Last Week

Its capital raising efforts likely on hold amid the market panic, Strategy (MSTR) did not add to its bitcoin (BTC) holdings last week. Additionally, the company expects to report a net loss for the first quarter due to a $5.91 billion unrealized loss on its bitcoin holdings, according to a filing Monday morning. This follows the adoption of new accounting rules requiring crypto assets to be marked to market. A $1.69 billion tax benefit is expected to partially offset the loss. Strategy raised a total of $7.69 billion during the…

Michael Saylor’s Strategy halts Bitcoin buys despite dip below $87K

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Michael Saylor’s firm Strategy, the world’s largest publicly listed corporate holder of Bitcoin, did not add to its BTC holdings last week as the cryptocurrency’s price dipped below $87,000. In a filing with the US Securities and Exchange Commission on April 7, Strategy announced it made no Bitcoin (BTC) purchases during the week of March 31 to April 6. The decision followed a week of heightened market volatility, with BTC surging to as high as $87,000 on April 2 after starting the week at around $82,000, according to data from…

Bitcoin Price Watch: Bearish Momentum Builds Across All Timeframes

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Bitcoin is trading at $77,346 with a market capitalization of $1.53 trillion, as it battles persistent bearish momentum across multiple timeframes. Over the last 24 hours, bitcoin has traded between $74,604 and $82,859 on $75.43 billion in volume, suggesting volatility amid downward pressure. Bitcoin On the daily chart, bitcoin’s price action has shifted significantly downward, […] Original

Pi Network Reverses Weekend Gains

Key Notes With over 155 million Pi tokens set to be unlocked in the next 30 days, analysts warn of increasing sell pressure. A brief recovery may be possible between April 7–11, when daily unlocks fall to just 1.5 million tokens. Despite the price correction, crypto analyst Moon Jeff remains bullish, forecasting that Pi Coin could reach $3 by June. Following a quick 80% rally to $0.75 during the past weekend, Pi Network’s PI $0.58 24h volatility: 6.6% Market cap: $3.95 B Vol. 24h: $447.37 M price has once again…

ZKasino scammer loses $27M as Ethereum price drops

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A wallet linked to the $40 million ZKasino scam lost more than $27 million after a leveraged position was liquidated, marking what some in the crypto community are calling a dose of karmic justice. ZKasino launched in April 2024, luring investor capital by promising an airdrop of its native token to users who bridged Ether (ETH) to the platform. However, instead of returning the funds, ZKasino transferred around $33 million in user ETH to the staking protocol Lido Finance. Nearly a year later, the wallet behind the alleged exploit has…

XRP Confirms Head And Shoulders Breakdown: How Low Can It Go?

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Amidst the broader crypto market crash, XRP has broken below an important support zone that several traders have identified as pivotal. In a chart shared by crypto analyst Josh Olszewicz during his latest YouTube update, the token shows a pronounced break beneath the Ichimoku Cloud on the daily timeframe, with the price now positioned under the $2.00 handle. This move also places XRP below the neckline of a head and shoulders pattern. How Low Can XRP Price Go? Olszewicz describes the chart pattern as a “head and shoulders variant mess—Frankenstein’s…

Miners win most from the US Strategic Bitcoin Reserve

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Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. On March 6, Donald Trump signed an executive order establishing the Strategic Bitcoin Reserve — part of the roadmap to making the US the “crypto capital of the world,” announced by then President-Elect months ago. The plan for a “digital Fort Knox” was finally set to become reality. Yet, its ultimate iteration missed the key component most cherished by the market: the cryptocurrency included in the reserve…