Crypto News
Whale NFT Collection Set to Make Waves With Historic TON-to-Solana Bridge
This content is provided by a sponsor. PRESS RELEASE. April 4, 2025 – Curacao The crypto world is buzzing with excitement as Whale.io prepares to take its groundbreaking Whale NFT collection on an epic journey from the TON blockchain to the Solana blockchain. This monumental bridge marks a seismic shift for one very successful NFTSource link
Wall Street Volatility Gauge Hits 4.5-Year High, Traders Lift Rate-Cut Bets on China Tariffs
The VIX index, which shows the equity market's expectations for 30-day volatility and is often called Wall Street's "fear gauge," rose to 39, the highest since October 2020, after China imposed retaliatory tariffs on the U.S., data from TradingView show.The increase, coupled with the sharp sell-off in the U.S. stock-index futures, prompted traders to increase estimates of Federal Reserve interest-rate cuts to 116 basis points this year, up from 100 basis points before the China news hit the wires, CME's FedWatch tool shows. Bitcoin (BTC) traded 0.7% lower on the day at $82,500 at press time, having earlier put in highs above $84,600. Bitcoin's 30-day implied volatility, represented by Deribit's DVOL index, rose to an annualized 54.6%, the highest in...
Bitcoin Falls Back to $83K as China Announces 34% Tariffs on All U.S. Goods
Risk sentiment worsened during the European hours Friday after China announced retaliatory tariffs on all goods, responding to Trump's Wednesday decision to boost the overall levy on Chinese goods to 54%.Bitcoin, the leading cryptocurrency by market value, fell by $1,600 to $83,000, erasing the early rise to $84,600, CoinDesk data shows. Other tokens like XRP, ETH, SOL and DOGE also reversed early gains to trade largely flat on the day.Meanwhile, futures tied to the S&P 500 and Nasdaq fell over 2% amid escalating global trade tensions."China's response is not only negative for the U.S. but it is also impacting the global outlook," ForexLive's analyst Justin Low wrote in a market update.Source link
Bitcoin Price Bounce Above $84,000 Bolsters Market Sentiment—But Just a Little
Independent market sentiment tracker the “Crypto Fear & Greed Index” has moved to “Fear,” an improvement from yesterday’s “Extreme Fear."Source link
Nasdaq Composite Saw One of Its Worst Days Since 2000 While Bitcoin Held Steady
The U.S. stock-market slide prompted by President Donald Trump's global tariff announcement on Wednesday sent the Nasdaq Composite Index into one of its biggest funks since the start of the century.The tech-heavy index lost 5.5% on Thursday, just outside the top 20 worst single-day drawdowns since 2000, according to Investing.com. Most of the largest drawdowns occurred during the dot-com crash of 2000-2001 and the 2008 global financial crisis. Other equity measures also suffered, with the S&P 500 index falling almost 5%.In contrast, the bitcoin (BTC) price, which is typically correlated with U.S. equities over short timeframes, bucked the trend. The largest cryptocurrency, which tumbled immediately after the announcement while stock markets were closed, rose 0.7% the following day, with momentum...