Bitcoin Magazine Bitcoin Price Sinks to $118,000 Amid U.S.-China Trade Tensions Bitcoin price dropped to the $118,000 range today after President Trump announced tariffs on Chinese goods. This post Bitcoin Price Sinks to $118,000 Amid U.S.-China Trade Tensions first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

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Bitcoin exchange-traded funds (ETFs) notched their ninth straight day of inflows with $198 million, led by Blackrock’s IBIT, while Ether ETFs ended their eight-day streak with $8.5 million in outflows. Ether ETFs See $8.5 Million Exit as Bitcoin ETFs Add $198 Million After eight days of synchronized gains, the tides shifted in crypto ETF flows. […]

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Democratic senators have been criticized for pitching a counter-proposal to the market structure bill that could effectively “kill DeFi.”

Proof of Search’s Kevin Gibson said the job market looks very different from 2021, when entry-level jobs were easier to land.

Monero’s “Fluorine Fermi” update enhances privacy by fighting nodes that try to link user IP addresses to their transactions.

EU lawmakers have sought to introduce Chat Control, while the UK and Australia are on track for digital ID systems. Pavel Durov warns that these “dystopian” measures must be stopped.

Fundstrat’s managing director Mark Newton predicts Ether will head to $5,500 next after bottoming out over the weekend.

AI-focused Polkadot project Phala is set to fully migrate to its Ethereum L2, betting on its ecosystem for confidential AI and GPU compute growth.

Financial institutions are quickly embracing the debasement trade as the US dollar weakens, which will drive massive gains in Bitcoin and gold, say commentators.

The Irish Communications Interception and Lawful Access Bill is still in development, with drafting yet to occur, but the Global Encryption Coalition wants it scrapped now.

Bitcoin analyst James Check stated that there is no reason for Bitcoin to retreat to $95,000, adding that if it does, the rally is likely over for some time.

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Bitcoin remained closer to “oversold” during its latest all-time highs, according to the Mayer Multiple, which suggested a potential price target of $180,000.

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South Korea’s National Tax Service warned that cold wallets are not beyond its reach, as it will conduct home searches to combat tax evasion.

XRP price risked a 22% drop to $2.20, fuelled by selling from whales, increased supply on exchanges and a weakening technical structure.

HashKey Group, the operator of Hong Kong’s top licensed crypto exchange, has reportedly filed for an IPO in the city, aiming to raise up to $500 million.

How a US SOL ETF could shift access, flows and usage — plus the key metrics to watch to see whether Solana outperforms Ether.

Discover how Bitcoin mining runs in 2025: From halving rewards and ASIC rigs to mining pools, hashprice shifts and power use.

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In one of their first moves in two months, the Bitcoin whale returned to short Bitcoin and Ether for hundreds of millions of dollars, betting on their short-term price decline.

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A new integration allows South Africans to spend Bitcoin, stablecoins and other crypto directly at more than 650,000 merchants nationwide.

Gold has hit its highest share of central bank reserves in decades, potentially shaping Bitcoin’s path as a future reserve asset, according to Deutsche Bank.

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Bitcoin’s drop to $118,000 is a possibility, but traders might see futures’ open interest drop by $4.1 billion as a potential dip-buying opportunity.

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Changpeng Zhao’s warning highlights a resurgence of threats from state-backed hacking groups, such as the North Korean Lazarus Group.

Can SWIFT’s blockchain match Ripple’s technological edge? Explore the key challenges it faces and its potential impact on global payments.

Real-world asset tokenization needs compliance frameworks and verified ownership checks built into the infrastructure to prevent fraud and build institutional trust.

Polymarket’s rival prediction marketplace Kalshi told Cointelegraph that its platform will be restricted in 38 jurisdictions, including France and the UK.

From the FTX fallout to Metaplanet-inspired expansion, Solana’s corporate story is coming full circle through its SOL treasury companies.

Crypto betting platform Shuffle suffered a data breach via its CRM provider Fast Track, exposing most users’ data, founder Noa Dummett said.

The move marks the debut of Nasdaq’s first Tether Gold-backed corporate treasury, which will be established via a $150 million financing round.

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.

Circular AI investments among Nvidia, OpenAI and AMD have shown similarities to the dot-com bubble, which could spill over to harm the crypto market.

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Discover seven simple, proven habits — strong 2FA, safe signing, hot/cold wallet separation and recovery plans — to block phishing, toxic approvals, fake support and more.

The group of banks said the stablecoin initiative would explore the “benefits of digital assets” in bringing new products to the market.

Ethereum (ETH) is getting absolutely crushed, with its price coming close to dropping below the $4,000 level

The group of banks said the stablecoin initiative would explore the “benefits of digital assets” in bringing new products to the market.

Jack Dorsey’s payments company, Square, also announced the integration of Bitcoin payment services for businesses on Wednesday.

• #bitcoin

Democratic senators have been criticized for pitching a counter-proposal to the market structure bill that could effectively “kill DeFi.”

Proof of Search’s Kevin Gibson said the job market looks very different from 2021, when entry-level jobs were easier to land.

Monero’s “Fluorine Fermi” update enhances privacy by fighting nodes that try to link user IP addresses to their transactions.

EU lawmakers have sought to introduce Chat Control, while the UK and Australia are on track for digital ID systems. Pavel Durov warns that these “dystopian” measures must be stopped.

Fundstrat’s managing director Mark Newton predicts Ether will head to $5,500 next after bottoming out over the weekend.

AI-focused Polkadot project Phala is set to fully migrate to its Ethereum L2, betting on its ecosystem for confidential AI and GPU compute growth.

Financial institutions are quickly embracing the debasement trade as the US dollar weakens, which will drive massive gains in Bitcoin and gold, say commentators.

The Irish Communications Interception and Lawful Access Bill is still in development, with drafting yet to occur, but the Global Encryption Coalition wants it scrapped now.

Bitcoin analyst James Check stated that there is no reason for Bitcoin to retreat to $95,000, adding that if it does, the rally is likely over for some time.

• #bitcoin

Bitcoin remained closer to “oversold” during its latest all-time highs, according to the Mayer Multiple, which suggested a potential price target of $180,000.

• #bitcoin

South Korea’s National Tax Service warned that cold wallets are not beyond its reach, as it will conduct home searches to combat tax evasion.

XRP price risked a 22% drop to $2.20, fuelled by selling from whales, increased supply on exchanges and a weakening technical structure.

HashKey Group, the operator of Hong Kong’s top licensed crypto exchange, has reportedly filed for an IPO in the city, aiming to raise up to $500 million.

How a US SOL ETF could shift access, flows and usage — plus the key metrics to watch to see whether Solana outperforms Ether.

Discover how Bitcoin mining runs in 2025: From halving rewards and ASIC rigs to mining pools, hashprice shifts and power use.

• #bitcoin

In one of their first moves in two months, the Bitcoin whale returned to short Bitcoin and Ether for hundreds of millions of dollars, betting on their short-term price decline.

• #bitcoin

A new integration allows South Africans to spend Bitcoin, stablecoins and other crypto directly at more than 650,000 merchants nationwide.

Gold has hit its highest share of central bank reserves in decades, potentially shaping Bitcoin’s path as a future reserve asset, according to Deutsche Bank.

• #bitcoin

Bitcoin’s drop to $118,000 is a possibility, but traders might see futures’ open interest drop by $4.1 billion as a potential dip-buying opportunity.

• #bitcoin

Changpeng Zhao’s warning highlights a resurgence of threats from state-backed hacking groups, such as the North Korean Lazarus Group.

Can SWIFT’s blockchain match Ripple’s technological edge? Explore the key challenges it faces and its potential impact on global payments.

Real-world asset tokenization needs compliance frameworks and verified ownership checks built into the infrastructure to prevent fraud and build institutional trust.

Polymarket’s rival prediction marketplace Kalshi told Cointelegraph that its platform will be restricted in 38 jurisdictions, including France and the UK.

From the FTX fallout to Metaplanet-inspired expansion, Solana’s corporate story is coming full circle through its SOL treasury companies.

Crypto betting platform Shuffle suffered a data breach via its CRM provider Fast Track, exposing most users’ data, founder Noa Dummett said.

The move marks the debut of Nasdaq’s first Tether Gold-backed corporate treasury, which will be established via a $150 million financing round.

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.

Circular AI investments among Nvidia, OpenAI and AMD have shown similarities to the dot-com bubble, which could spill over to harm the crypto market.

• #bitcoin

Discover seven simple, proven habits — strong 2FA, safe signing, hot/cold wallet separation and recovery plans — to block phishing, toxic approvals, fake support and more.

Jack Dorsey’s payments company, Square, also announced the integration of Bitcoin payment services for businesses on Wednesday.

• #bitcoin

Democratic senators have been criticized for pitching a counter-proposal to the market structure bill that could effectively “kill DeFi.”

Proof of Search’s Kevin Gibson said the job market looks very different from 2021, when entry-level jobs were easier to land.

Monero’s “Fluorine Fermi” update enhances privacy by fighting nodes that try to link user IP addresses to their transactions.

EU lawmakers have sought to introduce Chat Control, while the UK and Australia are on track for digital ID systems. Pavel Durov warns that these “dystopian” measures must be stopped.

Fundstrat’s managing director Mark Newton predicts Ether will head to $5,500 next after bottoming out over the weekend.

AI-focused Polkadot project Phala is set to fully migrate to its Ethereum L2, betting on its ecosystem for confidential AI and GPU compute growth.

Financial institutions are quickly embracing the debasement trade as the US dollar weakens, which will drive massive gains in Bitcoin and gold, say commentators.

The Irish Communications Interception and Lawful Access Bill is still in development, with drafting yet to occur, but the Global Encryption Coalition wants it scrapped now.

Bitcoin analyst James Check stated that there is no reason for Bitcoin to retreat to $95,000, adding that if it does, the rally is likely over for some time.

• #bitcoin

Bitcoin remained closer to “oversold” during its latest all-time highs, according to the Mayer Multiple, which suggested a potential price target of $180,000.

• #bitcoin

South Korea’s National Tax Service warned that cold wallets are not beyond its reach, as it will conduct home searches to combat tax evasion.

XRP price risked a 22% drop to $2.20, fuelled by selling from whales, increased supply on exchanges and a weakening technical structure.

HashKey Group, the operator of Hong Kong’s top licensed crypto exchange, has reportedly filed for an IPO in the city, aiming to raise up to $500 million.

How a US SOL ETF could shift access, flows and usage — plus the key metrics to watch to see whether Solana outperforms Ether.

Discover how Bitcoin mining runs in 2025: From halving rewards and ASIC rigs to mining pools, hashprice shifts and power use.

• #bitcoin

In one of their first moves in two months, the Bitcoin whale returned to short Bitcoin and Ether for hundreds of millions of dollars, betting on their short-term price decline.

• #bitcoin

A new integration allows South Africans to spend Bitcoin, stablecoins and other crypto directly at more than 650,000 merchants nationwide.

Gold has hit its highest share of central bank reserves in decades, potentially shaping Bitcoin’s path as a future reserve asset, according to Deutsche Bank.

• #bitcoin

Bitcoin’s drop to $118,000 is a possibility, but traders might see futures’ open interest drop by $4.1 billion as a potential dip-buying opportunity.

• #bitcoin

Changpeng Zhao’s warning highlights a resurgence of threats from state-backed hacking groups, such as the North Korean Lazarus Group.

Can SWIFT’s blockchain match Ripple’s technological edge? Explore the key challenges it faces and its potential impact on global payments.

Real-world asset tokenization needs compliance frameworks and verified ownership checks built into the infrastructure to prevent fraud and build institutional trust.

Polymarket’s rival prediction marketplace Kalshi told Cointelegraph that its platform will be restricted in 38 jurisdictions, including France and the UK.

From the FTX fallout to Metaplanet-inspired expansion, Solana’s corporate story is coming full circle through its SOL treasury companies.

Crypto betting platform Shuffle suffered a data breach via its CRM provider Fast Track, exposing most users’ data, founder Noa Dummett said.

The move marks the debut of Nasdaq’s first Tether Gold-backed corporate treasury, which will be established via a $150 million financing round.

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.

Circular AI investments among Nvidia, OpenAI and AMD have shown similarities to the dot-com bubble, which could spill over to harm the crypto market.

• #bitcoin

Discover seven simple, proven habits — strong 2FA, safe signing, hot/cold wallet separation and recovery plans — to block phishing, toxic approvals, fake support and more.

Crypto trader predicts Dogecoin rise as Bitcoin makes strides in market

• #bitcoin

Monero (XMR) is a privacy-focused cryptocurrency that was launched in April 2014 as a fork of the Bytecoin blockchain.

The metaverse makes it possible for people from all over the world to come together and learn through engaging and interactive activities.

A combination of early unlocks, whale dumping, and panic contributed to a major WLFI price crash. World Financial Liberty (WLFI) traded at one point lower by more than 30%, extending a brutal multi-week sell-off that has erased nearly half of…

Little Pepe, the first Layer 2 chain for memes, raises millions as investors eye massive growth. Little Pepe (LILPEPE) is making waves in the crypto space as the world’s first Layer 2 chain built for memes. The presale has already…

Roger Ver, the early Bitcoin promoter often called “Bitcoin Jesus,” has reached what reports describe as a tentative deal to resolve a US criminal tax case by paying about $48 million. Related Reading: The Roughrider Coin: North Dakota Pioneers State-Backed Crypto For 2026 According to prosecutors, the payment would settle alleged tax shortfalls tied to […]

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