Skip to main content

Tag: Cryptocurrencies

Mantra OM Token Crash

Mantra’s OM token likely crashed by over 90%. Losing around $5 billion in market cap in less than an hour. The team claims the crash was due to “reckless forced liquidations” by centralized exchanges, especially during low-liquidity hours. Over $74 million in liquidations occurred, impacting many traders, with some positions losing more than $1 million each. Mantra denies any team involvement and is...

Cryptocurrencies, DeFi, Front page, Real World Assets (RWA)

Continue reading

Trump freeing Bitcoin

U.S. Embraces Lighter Crypto Regulation: DeFi Broker Rule Repealed, Enforcement Team Disbanded

President Donald Trump signed a bill on April 10, 2025, repealing the IRS’s decentralized finance (DeFi) broker rule, which would have required DeFi platforms to report user transactions. The U.S. Justice Department disbanded its National Cryptocurrency Enforcement Team (NCET) on April 8, 2025, narrowing crypto investigations to focus on drug cartels and terrorism. These actions signal a pro-crypto shift, aiming to foster...

Cryptocurrencies, Front page, News, Regulation

Continue reading

Crypto Market Surge Following Trump’s Tariff Pause

Crypto markets surged with Bitcoin up 7%, Ethereum up 12%, and Solana (SOL) up 13% following Trump’s tariff pause. This rally reflects investor relief from reduced trade policy uncertainty. The impact highlights the interconnectedness of global trade and digital finance. Experts suggest this is a temporary boost, urging caution as tariff negotiations could influence future market volatility. Cryptocurrency markets...

Cryptocurrencies, Front page, News

Continue reading

Where is Trump’s Promise to be the Crypto Mining Powerhouse?

Trump’s new tariff are likely increasing costs for U.S. Bitcoin miners reliant on Asian hardware. Supply chains for Bitcoin mining, concentrated in Asia, face disruptions. These policies challenge Trump’s promise to make the U.S. a mining powerhouse. U.S. miners are at immediate risk, with potential profit margin squeezes and slowed expansion due to higher equipment costs. Miners might adapt by seeking domestic...

Blockchain, Crypto Mining, Cryptocurrencies, Front page, News

Continue reading

Tariffs Tank Crypto: A Week of Turmoil

Today, April 8, 2025, the crypto market is reeling from a brutal week. Bitcoin plummeted to a 2025 low of $74,425, driven by fears of Trump’s sweeping tariffs that erased its earlier climb to nearly $90,000. The sell-off wasn’t isolated—tariffs sparked a $1.3 trillion market crash, dragging down majors like Ethereum and XRP. Yet, amid the chaos, Bitcoin clawed back to $78,000+, a flicker of resilience that’s keeping traders on edge. Analysts...

Bitcoin, Cryptocurrencies

Continue reading

© Cryptopress. All rights reserved.