Crypto News
Bitcoin Headed Back to $10K? Bloomberg’s Mike McGlone Thinks So
Bloomberg Intelligence’s senior commodity strategist Mike McGlone casts a skeptical gaze on bitcoin and its digital counterparts, positing a potential retreat to $10,000 for the flagship cryptocurrency. Bloomberg Strategist Sees Crypto Wipeout Ahead In recent analyses shared via Bloomberg and the platform X, Mike McGlone has dissected crypto’s vulnerabilities amid turbulent macroeconomic crosscurrents. President Trump’sSource link
Fortnite Solana Meme Coin Pumps After Epic Games CEO Calls It a ‘Scam’
Tim Sweeney called a Solana meme coin based on a Fortnite storyline a “scam,” causing it to pump 2,700% before crashing again.Source link
Bitcoin and Stocks Pump, Then Dump on False Report of 90-Day Tariffs Pause
Markets surged, then plunged after news reports mischaracterized a White House advisor's interview—and X accounts spread it far and wide.Source link
US Federal Reserve Announces Closed Board Meeting
The central bank indicated that the meeting will be held to discuss “discount rates to be charged by the Federal Reserve Banks.” Fed to Hold Private Meeting as Market Speculation Heats up The U.S. Federal Reserve quietly published a notification on its website showing it will hold a closed board meeting on Monday, April 7,Source link
Bitcoin Pops and Drops as Markets Swing Wildly on Tariff News
It's been a wild ninety minutes in markets, with the Nasdaq swinging from about a 5% loss to a 5% gain and then returning to flat in very quick order on a story — later denied by the White House — that President Trump was considering a ninety-day delay in the implementation of his tariff regime for all countries except China."Fake news," said White House Press Secretary Caroline Leavitt in response to the delay rumor.The swing touched cryptos as well, with bitcoin (BTC) rising from the $74,400 to above $80,000 before retreating back to $79,000, still lower by 4.3% over the past 24 hours. Ether (ETH) remains lower by more than 11%, while XRP is down 9.3%.Amid the ongoing market...