Crypto News

Chart of the Week: Wall Street’s ‘Fear Gauge’ Is Flashing Possible Bitcoin Bottom

It’s been an exceptionally volatile week, but one measure may be signaling longer-term bullish sentiment for bitcoin. The sell-off in equities began on April 3, spurred by President Donald Trump's tariff-led uncertainties. Each day since then has been marked by sharp moves in both directions. The panic has hit both the equities and bond markets, while gold has surged to new all-time highs, and the DXY Index has broken below 100 for the first time since July 2023.In response, the S&P Volatility Index (VIX)—often called Wall Street's "fear gauge" —has surged to its highest level since last August and this is where things get interesting for bitcoin. The ratio of bitcoin to VIX has hit 1,903 currently, touching a long-term...

How a Philosopher Who Criticized Trump and Musk Turned Out to Be an AI Experiment

An Italian publisher used AI to create a fictional Hong Kong philosopher whose critique of Trump and Musk became a sensation.Source link

Bitcoin Rebounds on Tariff Relief, But Bullish Drought Persists: Cryptoquant

Crypto prices surged after a temporary U.S. tariff halt, yet bullish momentum remains subdued, Cryptoquant researchers report. Bitcoin clawed back losses at a critical technical support level, but weak investor sentiment signals caution ahead. Bitcoin’s $76K Support Holds, But Bull Index Flashes Red Cryptocurrency markets rallied sharply on April 9 after U.S. President Donald TrumpSource link

‘A Joke Wrapped in Volatility’: Fartcoin Rallies Absurd 300% Defying Global Market Carnage

April—a month marked by extreme market volatility—saw intensifying U.S.-China tensions and a broad selloff in global markets that led to panic selling of almost all asset classes.Amid the chaos, one of the most improbable winners emerged from the strange depth of the crypto market: Fartcoin (FART).The Solana-based memecoin, has rallied nearly 90% in the past week and roughly 300% over the past month, leaving traditional assets — and much of the crypto market— far behind.By comparison, bitcoin (BTC)—the largest and most established cryptocurrency—has been roughly flat over the past week and month, while riskier altcoins like ether (ETH), Solana (SOL) and XRP are in the red. Meanwhile, the tech-heavy Nasdaq 100 index has slid around 2% over the past week...

Bitcoin Price Tops $84.5K, Looks to End Downtrend as Trump Exempts Key Tech From Reciprocal Tariffs

Bitcoin (BTC) rose over 1.5% to $84,900 Saturday, looking to break a three-month downtrend after the Trump administration issued new guidance on reciprocal tariffs, listing several exemptions like smartphones, computers, chips and other electronics. These exclusions published by the U.S. Customs and Border Protection exclude the listed products from President Donald Trump's 125% China tariff and his baseline 10% global levy. "The US imports over $60 BILLION of smartphones per year. These exemptions cover some of the most crucial imports in another sign of the U.S. conceding in the trade war. After all, the bond market is forcing Trump to concede," The Kobeissi Letter said on X. The U.S. and China ratcheted up trade tensions this week, imposing import tariffs...