Bitcoin (BTC) drifted ever so gently upwards Monday as the broader market adjusts favorably to trade-related news. The largest cryptocurrency was up 1.6% in the last 24 hours and is now trading just shy of $85,000. Ether (ETH), meanwhile, rose 2.7% in the same period of time to $1,630. The broad-market CoinDesk 20 Index — consisted of the top 20 cryptocurrencies by market capitalization except for stablecoins, memecoins and exchange coins — advanced 1.2%, led by gains in SOL and AVAX. After a couple of wild weeks, the stock market…
Tag: News
Trump seeks to fire Fed Chair Jerome Powell via the Supreme Court. Good news for the crypto market?
The Federal Reserve Chair Jerome Powell has been named one of the unluckiest Fed chairs as he has to deal with a terrible mess created by Donald Trump’s tariffs policy. Since Powell ignored Trump’s urges to cut interest rates, Trump decided to fire him via the Supreme Court. Let’s dive deeper into the nature of this conflict and figure out if Powell’s resignation would be good for crypto. What led to the conflict? First off, the Powell-Trump conflict is not new. The consistent leaning of Powell’s Fed towards keeping interest…
Ethereum and Bitcoin Recover on Tariff Pause News While Lightchain AI Presale Nears Its End
This content is provided by a sponsor. PRESS RELEASE. The rollercoaster ride of cryptocurrency markets continues as Ethereum and Bitcoin experience a notable recovery following promising developments in global trade news. The easing of tariff tensions has boosted market sentiment, encouraging a resurgence in digital assets. Meanwhile, all eyes are on another big milestone—the final […] Original
Bitcoin Whipsaws On Fake Tariff Bombshell News
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. Speculation over a purported White House plan to pause tariffs for ninety days on all countries except China sent markets into a frenzy earlier today, triggering abrupt price reversals…
$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…
Bitcoin, stocks crumble after ‘90 day tariff pause’ deemed fake news — BTC whales keep accumulating
Global financial markets continued to tumble on April 7, as US equities dropped more than 3%, wiping more than $2 trillion in value on market open. The pullback saw the S&P 500 drop 2.79%, with the index officially entering a bear market, following a 20% decline from its recent all-time highs. However, the SPX momentarily rallied by 6% after a rumor began to spread on X that US President Donald Trump was contemplating a 90-day tariff pause. Bitcoin (BTC) price also rallied above $80,000, but after 30 minutes of positive…
XRP Price News: XRP Eyes Major Selloff as Black Monday Concerns Grow
Key Notes XRP price has dropped below the key support level at $1.7. A major tariff scare impacts The digital currency alongside the broader market. The ecosystem remains hyped as the Coinbase XRP futures launch may rebuild sentiment. XRP XRP$1.7724h volatility:15.6%Market cap:$103.18 BVol. 24h:$10.81 Bprice is in the spotlight as the crypto ecosystem faces an extended selloff due to President Donald Trump’s tariff policies. XRP price has fallen below a key support level at $2 as bulls capitulate. With market uncertainty growing, many traders fear what could become another historic…
XRP Price News: XRP Tests Crucial $2 Support, Will Bulls Defend amid Trump Tariff Woes?
Key Notes An XRP price breakdown below $2 could validate a Head-and-Shoulders pattern, potentially sending XRP to $1.35. Blockchain analytics firm Glassnode reports that active XRP addresses have increased by 490%. Ripple’s RLUSD stablecoin went live on Ripple Payments as the STABLE Act was announced. XRP XRP $2.02 24h volatility: 4.4% Market cap: $117.61 B Vol. 24h: $7.19 B has come under severe selling pressure, correcting 5% soon after Trump’s reciprocal tariffs kicked in on Wednesday, April 2. XRP price has once again dropped to the crucial support of $2…
XRP News Today: Ripple Labs Locks 700 Million XRP in Escrow Post-SEC Lawsuit Resolution
Key Notes Ripple Labs locked 700 million XRP in escrow to manage the coin’s circulating supply. The technology company holds billions of XRP outside escrow, with plans to reduce sales. Ripple and US SEC case is now over with the firm billed to pay $50 million. Blockchain payments firm Ripple Labs Inc has locked 700 million XRP XRP $2.12 24h volatility: 0.9% Market cap: $123.20 B Vol. 24h: $3.22 B in escrow as part of its continued strategy to manage the cryptocurrency’s supply. Notably, this occurred weeks after company CEO…
crypto eyes ‘good news’ amid fragile market psychology
Nansen Research has highlighted the macroeconomic factors and cues this week that the firm says could confirm the probability of a crypto bottom between April and June. Nansen principal researcher Aurelie Barthere shared the outlook on April 1, 2025, noting that this week will see notable data releases and policy announcements. The macroeconomic factors that investors across the markets will focus on this week include the Federal Reserve policy, tariffs and U.S. growth via signals such as manufacturing and jobs data. According to Nansen, this “Liberation Week” is set to…