Tag: Market

Crypto Market Enters Step 2 Of Benjamin Cowen’s Guide For 2025, What’s Next On The List?

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Este artículo también está disponible en español. According to a recent analysis by Benjamin Cowen, CEO and Founder of ITC Crypto, the crypto market has entered “Step 2” of his guide for 2025. The analyst pinpointed Ethereum (ETH) in his price chart, emphasizing that the second-largest cryptocurrency is set to decline further, in line with his earlier predictions.  Step 2: Crypto Market Sells Off As ETH Goes Home Ethereum is currently experiencing widespread market sell-offs as investors react to its bearish price action and tightening liquidity conditions. Failing to meet…

Coinshares: Digital Asset Inflows Hit $527 Million Amid Market Volatility and Trade Tariff Concerns

Inflows into digital asset investment products crossed $500 million, despite the larger macroeconomic events that moved the market. Green Week for Digital Assets Despite Trade Tariffs and Deepseek Volatility Digital asset investment products recorded $527 million in inflows last week, despite investor uncertainty driven by macroeconomic factors such as U.S. trade tariffs and China’s Deepseek […] Source CryptoX Portal

India Could Turn Pro-Crypto as Bull Market Continues. Can $BEST Presale 100x in 2025?

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India, known for its anti-crypto approach, could soon take a U-turn on the matter after a change in global sentiments. Ever since the appointment of the pro-crypto Donald Trump as the US president, countries seem to be in a race to adopt crypto, and India doesn’t want to be left too far behind. Currently, the country imposes a draconian 30% capital gains tax on crypto assets without distinguishing between long-term and short-term holdings. This is among the highest tax slabs in the country. For comparison, only winnings from lottery and…

Crypto fear & greed index falls to 44 on fears of market wipeout

The Crypto Fear & Greed Index has fallen to a 4-month low of 44 following the $2.2 billion crypto market crash earlier today. The index, which represents crypto market sentiments and emotions on a scale of 0 to 100, had not fallen below 50 since Oct.12. Triggered by U.S. president Donald Trump’s announcement of double digit trade tariffs on Canada, Mexico and China, the total crypto market cap fell nearly 12% in the early hours of Feb. 3, with Bitcoin (BTC) alone falling over 5%. The index immediately fell from…

Bitcoin Kimchi Premium hits 3-year high as Asia market down

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The Bitcoin Kimchi Premium index has hit a three-year high due to economic factors like the strong U.S. Dollar or global trade war fears. The Bitcoin Kimchi Premium has spiked to a three-year high of 11.9%. The premium represents the price gap between Bitcoin (BTC) in South Korea and the rest of the world.  The increase suggests that there is a solid domestic demand for the asset even as prices fall globally. Even as BTC’s price dropped to $93,900, South Korean traders are paying a significant markup. At the same time, a…

Chance of Bitcoin (BTC) Price Tanking to $75K Doubles as Trump’s Tariffs Ignite Trade War, Derive’s Onchain Options Market Shows

Bitcoin’s (BTC) on-chain options market on Derive.xyz indicates a 22% probability of prices falling to $75,000 by March 28, a notable rise from last week’s 10% chance. The sharp rise in probability follows a renewed import tariff war between the U.S. and its top trading partners, Canada, Mexico and China and concerns it will add to inflation in the global economy, making it difficult for central banks, including the Fed, to cut interest rates. “The recent tariffs imposed by Trump, including 25% on imports from Mexico and Canada and 10%…

Trump’s tariffs send Bitcoin and crypto market tumbling

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After President Donald Trump targeted China, Mexico, and Canada with long-threatened import taxes, the crypto market fell on Feb. 1 in a risk-off action. Bitcoin’s price fell by 5%, which has rippled its way into altcoins. Effective Feb. 1, the U.S. will impose tariffs of 25% on imports from Canada and Mexico and 10% on Chinese goods, adding further complexity to the current trade wars. As a result, over the past 24 hours ending on Feb. 3, Bitcoin (BTC) has experienced a notable decline amid a market-wide sell-off. The cryptocurrency…

The Myth of Trump’s ‘Painless’ Revenue: How Taxes and Tariffs Both Betray Free Market Principles

Since Donald Trump was sworn in, debate has intensified over replacing income tax with tariffs—a tactic free market purists contend is simply another form of economic interference—prompting this editorial to explain why tariffs are considered unworkable and to explore alternative funding methods for a minarchist-style government dedicated to protecting citizens. Examining the Economic Case for […] Source CryptoX Portal

Bitcoin Bull Market at Risk if $97,000 Support Fails to Hold: Analyst

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Este artículo también está disponible en español. Bitcoin is now retesting the psychological $100,000 price level again after a 2.22% decline in the past 24 hours. Notably, Bitcoin recently rebounded around an order block at $99,200 in the past 24 hours as it continues to trade with intense volatility.  Meanwhile, crypto analyst Ali Martinez has pointed to $97,190 as a key support level, stressing that Bitcoin must stay above it to maintain its bullish trajectory. This insight comes amidst sharp price swings that have tested investor sentiment, but optimism remains…