Stablecoin issuer First Digital Trust says it transferred over $500 million in TUSD reserves to the Dubai-based ARIA Fund at the request of Techteryx. Funds Transferred in Multiple Transactions First Digital Trust (FDT), the stablecoin issuer currently embroiled in a bitter dispute with Tron blockchain founder Justin Sun, said it transferred over $500 million in […] Source CryptoX Portal
Michael Saylor’s software company, Strategy, which is heavily invested in Bitcoin, may soon have to sell some of its Bitcoin holdings to meet financial obligations. In an Apr. 7 regulatory filing, the company disclosed that if it fails to secure timely financing, either through equity or debt, it may be forced to sell Bitcoin (BTC) to meet its financial obligations. Bitcoin’s price has a huge impact on the company’s capacity to settle its debts since the majority of Strategy’s assets are in Bitcoin. For Q1 2025, Strategy expects to report…
The lingering fears triggered by US President Donald Trump’s sweeping global tariffs have analysts increasingly convinced that Bitcoin is now more likely than ever to challenge the US dollar in the years ahead. “Higher chance Bitcoin survives over the dollar in our lifetime after today,” Bitwise Invest head of alpha strategies Jeff Parks said in an April 9 X post. Investors will be left with no other option but Bitcoin, says crypto exec “First time the thought hit me and didn’t feel like theory but an actual truth to grapple…
Bitcoin is continuing to face downward pressure in the market, with the cryptocurrency falling below $80,000 on Sunday for the first time since last year. Despite a 4.1% recovery in the past 24 hours bringing it back to $79,825, Bitcoin remains down 26% from its all-time high of over $109,000 recorded in January 2025. Market sentiment remains mixed, as investors weigh on-chain data, short-term volatility, and the broader macroeconomic environment. Bitcoin Open Interest Reflects Cautious Sentiment Bitcoin’s open interest metric has revealed cautious behavior among leveraged traders. CryptoQuant analyst Maartunn…
An Ether whale who had held 10,000 Ether for the last 900 days has sold their entire stash and missed out on a peak profit of $27.6 million when the cryptocurrency was worth over $4,000. The whale initially bought a total of 10,000 Ether (ETH) across two transactions in October and November 2022 for $13 million at the time for an average price of $1,295 per token, blockchain analytics service Lookonchain said in an April 8 X post. “He didn’t sell when Ether broke through $4,000. But today, he exited…
The cryptocurrency market, along with traditional stock markets, experienced a significant downturn in the first quarter of 2025. This market downturn is attributed to both trade war fears and diminished user sentiment, as indicated by the declining net unrealized profit/loss. BTC Dominance Rises After ending 2024 on a high note, the cryptocurrency market took a […] Original
Ethereum has only outperformed Bitcoin for 15% of all trading days since its launch almost a decade ago, according to analysts. Since Ether (ETH) began trading in mid-2015, it has underperformed against Bitcoin (BTC) 85% of the time, analyst James Check said in an April 8 X post. Data shared by Check shows that Ether significantly outperformed Bitcoin in its early years from mid-2015 to around mid-2017, and it had two short periods in late 2019 and early 2020 when the ETH to BTC ratio was in Ether’s favor. However,…
The European Securities and Markets Authority (ESMA) has warned that crypto will increasingly threaten traditional financial markets’ stability as the industry grows and becomes more entwined with traditional finance players. “We cannot rule out that future sharp drops in crypto prices could have knock-on effects on our financial system,” ESMA’s executive director Natasha Cazenave said in an April 8 statement to the Economic and Monetary Affairs Committee. Cazenave noted, however, that crypto currently only accounts for 1% of global financial assets and is not yet significant enough to cause major…
Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…
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. In a thread on X, business cycle analyst Tomas (@TomasOnMarkets) explains where the global economy currently stands and what that means for risk assets, including Bitcoin. Describing what he…