Price analysis 4/9: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, LEO, LINK, TON
Risky assets remain volatile as trade war tension between the United States and China keeps investors on the edge. A minor positive is that Bitcoin (BTC) has avoided a sharp fall and is trading well above the crucial near-term support at $73,777. BitMEX co-founder Arthur Hayes said in a post on X that the PBOC […]
Kalshi accepts Bitcoin deposits in bid to woo crypto-native users
Prediction marketplace Kalshi has started taking Bitcoin (BTC) deposits in a bid to onboard more crypto-native users. The company that lets users bet on events ranging from election outcomes to Rotten Tomatoes film ratings has seen a strong uptake among crypto traders, Kalshi told Cointelegraph on April 9. For instance, event contracts for betting on […]
US President Donald Trump issues 90-day pause on reciprocal tariffs
United States President Donald Trump has issued a 90-day pause for “reciprocal tariffs,” and lowered the tariff rate to 10% on countries that do not retaliate with counter-tariffs. However, the President also said he would increase the reciprocal tariff rate on China to 125% due to the country’s counter-tariffs against the US. Trump wrote in […]
Bitcoin has ‘fully decoupled’ despite tariff turmoil, says Adam Back
As markets reel from geopolitical tensions and economic uncertainty, Bitcoin has shown relative resilience during events like Trump’s recent tariff bombshells, according to Blockstream CEO Adam Back. While in the short term, Bitcoin (BTC) may move in tandem with stocks and other risk-on assets, Back sees the long-term trend telling a different story. “Bitcoin is […]
No crypto project has registered with the SEC and ‘lived to tell the tale’ — House committee hearing
United States securities laws are not flexible enough to account for digital assets, as evidenced by the parade of crypto-native companies that have tried and failed to get into the Securities and Exchange Commission’s (SEC) good graces, Rodrigo Seira, special counsel to Cooley LLP, told a House Committee hearing on April 9. The hearing, titled […]
DeFi security and compliance must be improved to attract institutions
Opinion by: Sergej Kunz, co-founder of 1inch Institutional players have been closely watching decentralized finance’s growth. Creating secure and compliant DeFi platforms is the only solution to build trust and attract more institutions. Clear waters attract big ships Over the past four years, institutional DeFi adoption has gone from 10% of hedge funds to 47%, […]
Binance to launch second reward-bearing margin asset LDUSDt
Binance is launching a new “reward-bearing margin asset” LDUSDt, which the company says is not a stablecoin. According to an April 9 announcement, LDUSDt can be obtained by swapping Tether’s USDt deposited in the firm’s Simple Earn yield product. Binance stated that holders of LDUSDt will continue to earn yield rewards through Simple Earn, even […]
Bitcoin price at risk of new 5-month low near $71K if tariff war and stock market tumult continues
Bitcoin (BTC) price made a swift move to $78,300 at the April 9 Wall Street open as “herd-like” price action in equities markets continued to spook risk-asset traders. BTC/USD 1-hour chart. Source: Cointelegraph/TradingView Bitcoin gyrates as stocks make history Data from Cointelegraph Markets Pro and TradingView showed BTC/USD retargeting five-month lows under $75,000 before rebounding […]
ECB exec renews push for digital euro to counter US stablecoin growth
The European Central Bank is intensifying its warnings over stablecoin adoption, with one of its top officials calling for a digital euro to curb the influence of US dollar-pegged stablecoins across the continent. ECB executive board member Piero Cipollone has penned another article highlighting concerns over the growing popularity of US dollar stablecoins, arguing that […]
Bitcoin’s safe-haven appeal grows during trade war uncertainty
The global trade war may be a silver lining for Bitcoin’s growing recognition as a safe-haven asset next to gold, thanks to its liquidity and accessibility advantages compared to precious metals. Financial markets have been rattled since US President Donald Trump’s April 2 reciprocal import tariffs announcement, leading to record-breaking sell-offs for traditional stock markets […]