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Tag: Bitcoin

Bitcoin whales have added USD $11 billion BTC

Bitcoin whales have accumulated over $11 billion worth of BTC in the past two weeks. Adding more than 129,000 BTC despite a recent price correction, suggesting optimism. This accumulation may portend another price surge, backed by the history of bitcoin and its spikes. Whales seeing value at current levels, potentially influencing market sentiment, but other factors like regulation could also impact prices. Bitcoin...

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Donald Trump announces New Tariffs, Threatens Europe and Canada as well

President Trump announces new tariffs on auto imports, effective April 2, 2025. The tariffs triggered a market drop, with Bitcoin falling below $86k. Additional threats of larger tariffs for the EU and Canada fuel further concerns. Cryptocurrency markets face volatility as traders react to trade uncertainty. President Donald Trump revealed new tariffs aimed at boosting the U.S. automotive sector. The measure, which...

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GameStop’s Bitcoin Investment

GameStop’s stock likely jumped about 13% after announcing a Bitcoin investment strategy. With shares opening at $28.84 on March 26, 2025, from a close of $25.40 the previous day. The company plans to invest part of its $4.8 billion cash reserve in Bitcoin and stablecoins, following Strategy’s model. This move seems aimed at diversifying assets and attracting retail investors, given Bitcoin’s current price...

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Interest Rates Unchanged in the United States, Bitcoin $84k

The Federal Reserve kept interest rates unchanged at 4.25%-4.5%, aligning with market expectations. Bitcoin continued its bullish trend, trading above $84,000 and hitting $85,760 driven by positive market sentiment. The Fed’s projection of two rate cuts in 2025 adds a dovish tone, potentially benefiting risk assets like Bitcoin. An unexpected detail: President Trump’s announcement of a U.S. strategic crypto reserve, including...

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Bitcoin Hits $85K ahead of Trump and Putin call

President Donald Trump is scheduled to speak with Russian President Vladimir Putin today to discuss a potential ceasefire in Ukraine, a move that could reshape global market sentiments. Simultaneously, markets are grappling with anxiety over Trump’s tariff policies, while Bitcoin approaches a key resistance level at $85,000, and cryptocurrency settlements surge, indicating heightened market activity. Trump-Putin Call on Ukraine...

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