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Zettahash on the Horizon: Bitcoin’s Hashrate Nears 1 ZH/s as Miners Face Squeeze
9.4.2025
As bitcoin’s valuation languishes near its weakest point since last year—with hashprice, the projected daily earnings for one petahash per second (PH/s) of mining capacity, receding to $40—the network’s computational muscle has paradoxically swelled to a historic peak. Bitcoin Hashrate Hits...
This Bitcoin Hedge Fund Is Taking Treasuries Companies Global: Blockspace
9.4.2025
UTXO Management, the investing arm of BTC Inc., of Bitcoin Magazine and Bitcoin Conference fame, was top five of all hedge funds in 2024, according to HFR. Now it wants to put a bitcoin treasury company (like Metaplanet) in markets across the world
Crypto Market Value Falls to $2.42T as Derivatives Traders Face $443M in Losses
9.4.2025
On Wednesday, the total valuation of the global crypto market declined by nearly 5%, settling at $2.42 trillion. Bitcoin, the dominant digital asset, slipped to a low of $74,588 per coin on Tuesday and is now hovering slightly above the $76,000 threshold. Bitcoin Loses Ground; Gold Quietly Climbs...
Bitcoin ETFs Hit Hard With $326 Million Outflow, Marking Fourth Straight Day of Redemptions
9.4.2025
Bitcoin ETFs suffered a steep $326 million outflow on Tuesday, April 8, led by a massive withdrawal from Blackrock’s IBIT. Ether ETFs didn’t fare much better, posting a $3.29 million exit from Fidelity’s FETH. Blackrock’s IBIT Leads $326 Million Bitcoin ETF Exit, Ether ETFs Also Slip Bitcoin...
Bitcoin ETFs lose $326M amid ‘evolving’ dynamic with TradFi markets
9.4.2025
The evolving relationship between Bitcoin and traditional financial markets is under renewed pressure as global investors flee risk assets amid intensifying US trade tensions.US-listed spot Bitcoin (BTC) exchange-traded funds (ETFs) recorded their fourth consecutive day of outflows on April 8, with...
Bitcoin’s Q1 Woes: Analysis Points to Investor Frustration
9.4.2025
The cryptocurrency market, along with traditional stock markets, experienced a significant downturn in the first quarter of 2025. This market downturn is attributed to both trade war fears and diminished user sentiment, as indicated by the declining net unrealized profit/loss. BTC Dominance Rises...
Ethereum has outperformed Bitcoin just 15% of the time since its launch
9.4.2025
Ethereum has only outperformed Bitcoin for 15% of all trading days since its launch almost a decade ago, according to analysts.Since Ether (ETH) began trading in mid-2015, it has underperformed against Bitcoin (BTC) 85% of the time, analyst James Check said in an April 8 X post.Data shared by Check...
Arthur Hayes: Yuan Devaluation Could Ignite Bitcoin Rally as Capital Escapes China
9.4.2025
Arthur Hayes is calling it: China’s yuan devaluation is setting the stage for a tidal wave of capital to rocket into bitcoin and ignite a historic bull run. Arthur Hayes: Chinese Capital Flight May Flood Into Bitcoin as Yuan Slides Arthur Hayes, co-founder and former CEO of crypto derivatives...
Bitcoin DeFi Aggregator Sats Terminal Secures $1.7M Backing From Coinbase Ventures, Draper
8.4.2025
Sats Terminal, a Bitcoin-native decentralized finance (DeFi) aggregation protocol, has raised $1.7 million in pre-seed funding to streamline fragmented services across the Bitcoin ecosystem. Sats Terminal Secures $1.7M The funding round, announced April 8, was co-led by Coinbase Ventures and Draper...
Bitcoin weekly RSI hits bull market low as trader sees $70K BTC price bottom
8.4.2025
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 dipBitcoin...
China counters tariffs with yuan devaluation, which is 'bullish for BTC'
8.4.2025
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...
Bitcoin futures divergences point to transitioning market — Are BTC bulls accumulating?
8.4.2025
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...
Bitcoin relief rally fizzles as White House confirms 104% China tariffs — Will BTC fall to new lows?
8.4.2025
Bitcoin’s surprise rebound to $81,180 — which was influenced by fake news regarding a pause on US tariffs — has all but evaporated following White House confirmation that 104% tariffs on China will take effect today at 12:01 am on April 9.S&P 500 drops intra-day gains follow...
Bitcoin Slips Below $77K as Traders Digest Trump-Fueled Market Jitters
8.4.2025
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...
Rootstock Prepares to Release SDKs for Bitcoin Layer 2s Using BitVMX
8.4.2025
Rootstock founder Sergio Lerner sees Bitcoin layers-2s as fundamental to BTC fulfilling its purpose of being "money for the people"
Bitcoin rebounds as traders spot China ‘weaker yuan’ chart, but US trade war caps $80K BTC rally
8.4.2025
Bitcoin (BTC) danced around $80,000 at the April 8 Wall Street open as US stock markets staged a fresh recovery, but unresolved tensions between China and the US continue to put a damper on BTC’s upside. BTC/USD 1-hour chart. Source: Cointelegraph/TradingViewHayes: Bitcoin can repeat historic...
Bitcoin rebounds as traders spot China ‘weaker yuan’ chart, but US trade war caps $80K BTC rally
8.4.2025
Bitcoin (BTC) danced around $80,000 at the April 8 Wall Street open as US stock markets staged a fresh recovery, but unresolved tensions between China and the US continue to put a damper on BTC’s upside. BTC/USD 1-hour chart. Source: Cointelegraph/TradingViewHayes: Bitcoin can repeat historic...
Bitcoin ETFs Lose $109 Million in Monday Slump
8.4.2025
Bitcoin ETFs kicked off the week deep in the red, logging a $109 million outflow and extending the bleed to a third straight trading day. Meanwhile, Ether ETFs recorded no activity, marking a rare day of total trading silence. Bitcoin ETF Outflows Stretch to Day Three as Ether Funds Go Silent...
Panicked Bitcoiner mistakenly pays almost $60K BTC in fees
8.4.2025
Update 1:17 pm UTC: This article has been updated with the corrected US dollar figure that the user paid at the time.One presumably panicked Bitcoin user paid almost 0.75 BTC (worth around $60,000 at the time) in a replace-by-fee (RBF) transaction fee.The transaction in question was sent about...
Panicked Bitcoiner mistakenly pays over $70K of BTC in fees
8.4.2025
One presumably panicked Bitcoin user paid nearly 0.75 BTC ($70,500) in a replace-by-fee (RBF) transaction fee.The transaction in question was sent about 30 minutes after midnight UTC on April 8. It was the second attempt at performing an RBF that changed the transaction's target address, sending...