Day: April 5, 2025

Satoshi Nakamoto turns 50 as Bitcoin becomes US reserve asset

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Satoshi Nakamoto, the pseudonymous creator of Bitcoin, marks their 50th birthday amid a year of rising institutional and geopolitical adoption of the world’s first cryptocurrency. The identity of Nakamoto remains one of the biggest mysteries in crypto, with speculation ranging from cryptographers like Adam Back and Nick Szabo to broader theories involving government intelligence agencies. While Nakamoto’s identity remains anonymous, the Bitcoin (BTC) creator is believed to have turned 50 on April 5 based on details shared in the past. According to archived data from his P2P Foundation profile, Nakamoto…

Bitcoin shows signs of decoupling from US equities, could reclaim $100K

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Key Takeaways Bitcoin’s resilience hints at a structural break from stock market movements. The emerging pattern of independent price action positions Bitcoin towards the $100,000 level. Share this article Stocks dipped, gold slipped, but Bitcoin bounced. That’s the big story from this week’s tariff shake-up. Bitcoin is exhibiting early signs of breaking its correlation with US equities as it remained resilient above the $82,000 mark during a Friday downturn that erased $2.5 trillion from the S&P 500 Index. Markets reeled Thursday in the first full session after President Trump’s tariff…

Wall Street’s one-day loss tops the entire crypto market cap

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The United States stock market lost more in value over the April 4 trading day than the entire cryptocurrency market is worth, as fears over US President Donald Trump’s tariffs continue to ramp up. On April 4, the US stock market lost $3.25 trillion — around $570 billion more than the entire crypto market’s $2.68 trillion valuation at the time of publication. Nasdaq 100 is now “in a bear market” Among the Magnificent-7 stocks, Tesla (TSLA) led the losses on the day with a 10.42% drop, followed by Nvidia (NVDA)…

SEC paints ‘a distorted picture’ of USD stablecoin market — Crenshaw

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US Securities and Exchange Commission (SEC) Commissioner and vocal crypto critic Caroline Crenshaw has accused the US regulator of downplaying risks and misrepresenting the US stablecoin market in its newly published guidelines. However, many in the crypto industry see the new SEC guidelines — which say stablecoins that meet certain criteria are now considered “non-securities” and are exempt from transaction reporting requirements — as a step in the right direction. In an April 4 statement, Crenshaw, who is widely known for opposing the spot Bitcoin ETFs, said that the SEC’s statement…

SEC paints ‘a distorted picture’ of USD-stablecoin market — Crenshaw

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US Securities and Exchange Commission (SEC) Commissioner and vocal crypto critic Caroline Crenshaw has accused the US regulator of downplaying risks and misrepresenting the US stablecoin market in its newly published guidelines. However, many in the crypto industry see the SEC’s decision as a step in the right direction. In an April 4 statement, Crenshaw, who is widely known for opposing the spot Bitcoin ETFs, said that the SEC’s statement on stablecoins contained “legal and factual errors that paint a distorted picture of the USD-stablecoin market that drastically understates its risks.”…

Bitcoin traders prepare for rally to $100K as ‘decoupling’ and ‘gold leads BTC’ trend takes shape

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Bitcoin (BTC) price could head back toward the $100,000 level quicker than investors expected if the early signs of its decoupling from the US stock market and gold continue. Source: Cory Bates / X The “gold leads, Bitcoin follows” relationship is starting Bitcoin has shrugged off the market jitters caused by US President Donald Trump’s April 2 global tariff announcement. While BTC initially dropped over 3% to around $82,500, it eventually rebounded by roughly 4.5% to cross $84,700. In contrast, the S&P 500 plunged 10.65% this week, and gold—after hitting…

Is Korea Propping Up The XRP Price? Pundit Explains What’s Happening

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. A crypto analyst has shared insights into the recent strength in the XRP price, suggesting that South Korea may be the reason behind it. The analyst noted that the…