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…
Tag: Market
Dogecoin (DOGE) at Risk of More Losses as Market Volatility Spikes
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…
Retail Armageddon? Schiff Warns of Mass Bankruptcies and Brutal 50% Market Crash
Trump’s tariff agenda could gut U.S. retail, crush jobs, and ignite a recession deeper than any since the Great Depression, economist Peter Schiff warns. Peter Schiff: Tariffs Will Gut Retail, Slam Banks, and Spark 50% Market Drawdown Economist and gold advocate Peter Schiff raised alarm on April 8 through social media platform X, predicting that […] Source CryptoX Portal
Bitcoin weekly RSI hits bull market low as trader sees $70K BTC price bottom
Bitcoin (BTC) has a new $70,000 reversal target as a leading indicator sets new bull market lows. In X analysis on April 7, popular trader and analyst Rekt Capital predicted that BTC/USD could find its floor near old all-time highs from 2021. History suggests $70,000 should end BTC price dip Bitcoin can dip as low as $70,000 before recovering and still keep within historical norms, Rekt Capital says. Considering where the current bull market correction might end up, the analyst used the relative strength index (RSI) indicator to calculate the…
Bitcoin price targets $65k–$68k as market seeks fair value, AMT shows
Exploring Bitcoin’s recent price developments through the lens of Auction Market Theory, a market philosophy that helps explain how price moves between periods of balance and imbalance With Bitcoin (BTC) having recently broken away from a key consolidation zone, understanding this shift through AMT offers valuable insight into both immediate and long-term expectations. As price action now trends lower, the search for fair value intensifies, and traders must be aware of the implications for strategy, sentiment, and structure. Key points: Bitcoin recently exited a 133-day balance phase, initiating a bearish…
Bitcoin Slips Below $77K as Traders Digest Trump-Fueled Market Jitters
The leading digital asset traded as high as $80K on Tuesday morning before retreating below $77K as traditional markets saw some reprieve. Bitcoin Slides as Major Stock Indices Post Gains The three major stock indices all posted gains on Tuesday, causing bitcoin to reclaim $80K, during early trading, but the cryptocurrency had already slid under […] Original
Cathie Wood’s Ark Invest Buys Coinbase Shares as Market Offers Discount
Key Notes Ark Invest recently bought 84,514 COIN shares from the open market. The firm is a big advocate of Coinbase, which is now one of the largest components of ARKW. Bitcoin and risk-on assets are recovering from the recent global market selloff. Cathie Wood’s asset management firm Ark Invest disclosed that it purchased a fresh batch of Coinbase shares on April 7. Several crypto analysts have described the move as strategic, given that the acquisition occurred during a global market downturn that unsettled investors worldwide. Ark Invest Buys $13.3…
$2T fake tariff news pump shows ‘market is ready to ape’
Recent fake news that US President Donald Trump was considering a 90-day pause in tariffs shows the potential for a strong market rebound should a real one take place, according to observers. A fake news post on X on April 7 from the verified “Walter Bloomberg” account claimed that the White House was considering a 90-day pause on tariffs following an interview with Kevin Hassett, one of Donald Trump’s economic advisers. “Hassett: Trump is considering a 90-day pause in tariffs for all countries except China,” read the now-deleted post from…
BlackRock CEO Larry Fink says market could drop another 20%
BlackRock chief executive officer Larry Fink says its likely the market’s reaction could still see another 20% dump. The BlackRock CEO’s comments come as the market crash sees stocks plummet for more than 30 days straight. Crypto has also suffered in the past few weeks, with Bitcoin (BTC) dipping below $80k to touch lows last seen in early November 2024. However, Fink, sharing his opinion during an interview with Bloomberg TV, believes the dip is for buying. “I see it more as a buying opportunity than a selling opportunity, but…
Bitcoin Flashes ‘Death Cross’ Amid Tariff-Induced Market Turmoil
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. The global equity and cryptocurrency markets experienced significant downturns earlier today, as US President Donald Trump’s country-specific reciprocal tariffs are set to take effect on April 9. The leading…