Crypto

Source: Coin Tegraph With US President Donald Trump imposing 104% tariffs on Chinese imports, Beijing is responding by letting the yuan weaken against the dollar — a move that analysts say could spark the next leg of the Bitcoin bull market. On April 8, the yuan-to-US dollar exchange rate fell to its lowest level since…

Source: Coin Tegraph RedStone, a blockchain oracle provider, has introduced a push-based oracle on MegaETH to tackle latency issues that challenge the efficiency of onchain trading. According to a spokesperson for RedStone, the new oracle can push new prices onchain every 2.4 milliseconds. Initially debuting on MegaETH, an Ethereum layer-2 network, the product may be…

Source: Coin Tegraph Crypto and equities traders were hopeful for a last-minute solution that would prevent the US from enacting 104% tariffs on Chinese goods entering the United States, but in a press conference, the White House confirmed that the tariffs would start on April 9. Markets deteriorated when Peter Navarro, trade adviser to US…

Source: Coin Tegraph Cboe BZX Exchange has asked United States regulators for clearance to list an exchange-traded fund (ETF) backed by Sui (SUI), the native token of the Sui Network, public filings show.  The request submitted on April 8 must be reviewed and approved by the US Securities and Exchange Commission (SEC) before the exchange…

Source: Coin Tegraph 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…

Source: Bitcoinist Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Robust volatility and bearish pressure have hampered Bitcoin‘s upward momentum, causing the flagship asset to drop significantly to the $74,000 threshold before briefly recovering to $78,000. Large investors have maintained a notable bullish sentiment and buying pressure even as BTC’s…

Source: Coin Tegraph Aavegotchi, a non-fungible token (NFT) protocol focused on Web3 gaming, has opted to abandon blockchain network Polygon and “go all-in” on Base, an Ethereum layer-2 scaling chain, according to the results of an onchain vote.  On April 8, Aavegotchi’s community members voted 93.5% in favor of a proposal to “Make Aavegotchi Based…

Source: Coin Tegraph Ether (ETH), the native token of Ethereum, is showing signs of bullish exhaustion after a steep 65% decline over the past three months. The pace of the downtrend and the oversold conditions shown by various ETH price metrics have investors wondering if a market bottom is approaching. ETH fractals point to a…

Source: Bitcoinist Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure A cryptocurrency lawyer has filed a case against the US Department of Homeland Security in an effort to uncover who actually invented Bitcoin. James Murphy, also referred to online as ‘MetaLawMan,’ is requesting that the government hand over information regarding…

Source: Coin Tegraph Bitcoin’s (BTC) price has dropped 5.6% over the past seven days, closing three daily candles below the $80,000 support for the first time since Nov. 9, 2024. Data from Glassnode highlighted Bitcoin witnessing a 64% rise in futures volume during the same period. The analytics platform said that “this marks a reversal…