Bitcoin price started a fresh decline from the $86,500 zone. BTC is now consolidating and might continue to decline below the $83,200 support. Bitcoin started a fresh decline from the $86,500 zone. The price is trading below $85,000 and the 100 hourly Simple moving average. There was a break below a connecting bullish trend line with support at $84,500 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start another increase if it clears the $84,500 zone. Bitcoin Price Faces Rejection Bitcoin price started a fresh increase above the $83,500 zone. BTC formed a base and gained pace for a move above the $84,000 and $85,500 resistance levels. The bulls pumped the price above the $86,000 resistance. A high was formed at $86,401 and the price recently corrected some gains. There was a move below the $85,000 support. Besides, there was a break below a connecting bullish trend line with support at $84,500 on the hourly chart of the BTC/USD pair. The price tested the $83,200 support. Bitcoin price is now trading below $85,000 and the 100 hourly Simple moving average . On the upside, immediate resistance is near the $84,000 level and the 23.6% Fib retracement level of the downward move from the $86,401 swing high to the $83,171 low. The first key resistance is near the $84,500 level. The next key resistance could be $84,750 and the 50% Fib retracement level of the downward move from the $86,401 swing high to the $83,171 low. A close above the $84,750 resistance might send the price further higher. In the stated case, the price could rise and test the $85,500 resistance level. Any more gains might send the price toward the $86,400 level. Another Decline In BTC? If Bitcoin fails to rise above the $85,000 resistance zone, it could start another decline. Immediate support on the downside is near the $83,500 level. The first major support is near the $83,200 level. The next support is now near the $82,200 zone. Any more losses might send the price toward the $81,500 support in the near term. The main support sits at $80,800. Technical indicators: Hourly MACD – The MACD is now gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now below the 50 level. Major Support Levels – $83,200, followed by $82,200. Major Resistance Levels – $84,750 and $85,500.
Seychelles-based cryptocurrency exchange OKX is expanding to the U.S., establishing a new regional headquarters in San Jose, California and rolling out access to its platform and its native OKX Wallet to U.S.-based crypto traders. In a Tuesday evening announcement, newly-appointed CEO Roshan Robert said the expansion was “a commitment to responsible growth.” Robert was most recently an executive at institutional crypto lending platform CLST, and was a founding team member of crypto prime broker Hidden Road, which was recently acquired by Ripple for $1.25 billion . “As regulations evolve, OKX is working closely with US regulators and policymakers to ensure we operate transparently and compliantly,” Robert wrote. “We’ve built a comprehensive, risk-based global compliance program that includes enhanced due diligence, a robust KYC process, customer risk rating systems, advanced fraud detection, AML tools, geo-blocking, and market surveillance technologies. These are all part of our commitment to a secure, compliant trading environment.” Two months ago, a subsidiary of OKX settled charges that it had operated in the U.S. without a money transmitting license, agreeing to pay the Department of Justice (DOJ) over $500 million in penalties and forfeited fees. The DOJ alleged that, despite having an official policy prohibiting U.S.-based users from accessing its platform, OKX “sought out customers in the United States, including in the Southern District of New York.” Read more: After Binance’s $4.3B Lesson, Do Rival Exchanges Risk Running Afoul of U.S. Rules? OKX is not the first crypto company to eye an expansion or a return to the U.S., which has grown considerably friendlier to the crypto industry under U.S. President Donald Trump’s administration. Earlier this month, token launch platform CoinList announced a return to the U.S. after five years away, and bigger names — including Binance , the world’s largest crypto exchange — are reportedly considering returning to the U.S. Existing customers of OKCoin, the U.S.-accessible sister company of OKX, will be “seamlessly migrated” to the OKX platform, which will offer customers “deeper liquidity, lower fees and advanced trading tools,” according to the company’s launch announcement.
According to recent updates from COINOTAG News, Canada’s 3iQ has announced its choice of Figment as the staking service provider for its newly launched Solana Staking ETF (SOLQ). This ETF,
Things are looking bearish for Trump Coin (TRUMP), the official meme coin of US President Donald Trump that was launched back in January, ahead of the release of a major token unlock later in the week. TRUMP was last trading just under $8 per coin, up a modest 10% from the lows it hit around $7 last week, but still very much stuck in a long-term downtrend. The meme coin has continually found resistance at its 21DMA over the last three months. TRUMP has now dropped around 90% from its post-launch highs above $70. But things could be about to go from bad to worse. 4% of the meme coin’s supply is set to unlock on the 18th of April. On April 18, 40 million tokens will unlock for $TRUMP (currently worth $330M) Let’s see if they’ll sell or hold pic.twitter.com/xxfnutGJaG — LANGERIUS (@langeriuseth) April 14, 2025 Given that only 20% of the supply is currently in circulation, this means an increase to circulating supply of 20%. Bearish technicals combined with bearish supply dynamics mean that TRUMP coin could soon dump to fresh lows under $7 per token. And with sentiment in the broader crypto market still downbeat thanks to ongoing macro uncertainties and poor altcoin performance, the outlook for a major bullish reversal anytime soon is week. Was TRUMP Coin a Scam? TRUMP Coin isn’t a scam; its launch was fair and the team behind the coin have not deceived investors in anyway. It was simply launched as a collectable meme coin, with no promise of returns, or anything for that matter. That said, questions have been raised about the ethics surrounding the meme coin’s launch. Firstly, while early buyers made millions, and while the Trump organization has earned over $100 million in trading fees, the vast majority of TRUMP buyers have been left out of pocket. Indeed, a Chainalysis study conducted in conjunction with the New York Times revealed that, three weeks on from the meme coin’s launch, over 800,000 wallets had lost money buying the coin. Indeed, just looking at the TRUMP coin chart since its launch – it paints a perfect picture of a classic “pump-and-dump”. Trump’s meme coin has to be the biggest scam of the season. pic.twitter.com/nCvNWgyVP1 — VolgaLad (@cym27s) April 13, 2025 The fact that the Trump organization gifted itself 80% of the supply to be vested over the course of Trump’s presidential term has also been strongly criticized. $TRUMP coin is a scam and embarrassing for all US citizens. Essentially, it allowed insiders to snipe the entire supply at launch. We should hope for better from our leaders. Just because the other side is corrupt doesn’t give you a license to do the same. I hope people on… pic.twitter.com/yHgfdQhZqz — Dr. Danish (@operationdanish) January 18, 2025 Is It a Good Time to Buy TRUMP? Its possible that when broader crypto market conditions take a substantial turn for the better, TRUMP coin could see a major resurgence. Perhaps when sentiment regarding the economy is better, and when the Fed is pumping the market with liquidity. That said, these times have not arrived yet. Yes, TRUMP coin buyers getting into the market are buying the dip, a 90% dip in fact. However, there could still be a lot lower to go. Its not unheard of for meme coins to drop 99% from prior record highs. Investors should not risk more than they can afford to lose in buying TRUMP coin. Investing in major coins like Bitcoin , Ethereum and Solana would be much safer. The post TRUMP Coin (TRUMP) Price Analysis: 90% Dip Coming? appeared first on Cryptonews .
The U.S. economy is expected to lose billions of dollars in revenue this year from a drawback in foreign tourism and boycotts of American products. Goldman Sachs Group Inc. estimated the hit in 2025 from reduced travel and boycotts could total 0.3% of gross domestic product, totaling around $90 million. Data from the International Trade Administration showed that the number of non-citizens who had entered the U.S. by plane plummeted almost 10% in March compared to a year earlier. The report also noted that foreign tourism has been a blow for the U.S. recently after the pandemic-era restrictions sparked a resurgence of international travel. U.S. travel declines amid geopolitical frictions US Economy Is Set to Lose Billions as Foreign Tourists Stay Away https://t.co/DXWMIS1rbZ pic.twitter.com/wOpY5OiHwg — Ray Wang (@rwang07) April 15, 2025 Potential U.S. visitors are now rethinking traveling to the U.S. amid increased hostility at the border, rising geopolitical frictions, and global economic uncertainty. Curtis Allen, a Canadian videographer, canceled an upcoming U.S. vacation after President Trump imposed tariffs on his home country and suggested it should become the 51st U.S. state. Allen said, “We’re not just staying home; we’re going to go spend the same money somewhere else.” “Given what we know about how much Canadian travel has fallen off, that’s potentially a bit worrying for that region.” -Omar Sharif, president of Inflation Insights. According to ITA data , foreign travelers spent approximately $254 billion in the U.S. in 2024. The analytics firm also estimated in early March that the country would receive 77 million visitors in 2025. The data came out just before news of detentions at U.S. airports made headlines, where travelers from countries like France and Germany were ensnared. Canadians, who contribute the largest number of foreign travelers in the U.S., are choosing to stay put as Trump heightens attacks on the country’s economy and sovereignty. Bloomberg Intelligence analysis revealed that roughly $20 billion in retail spending from international tourists in the U.S. may be compromised. A monthly Bureau of Labor Statistics report on consumer prices published on April 10 indicated that early signs of a sharp pullback are already showing up as airfares, hotel rates, and car rental costs fell in March. Sharif also highlighted that the decline in hotel rates was driven by an almost 11% drop in the Northeast in particular, possibly a result of fewer Canadians traveling there. Canada remains resilient despite challenging U.S. traveling conditions Patrick Keyes, sales and marketing manager at Rainbow Air Helicopter Tours in Niagara Falls, said that the timing is “very interesting” for the firm, which just invested $25 million in a new building, an enhanced fleet, and a virtual reality attraction ahead of the busy summer season. Keyes also added that “we are waiting to see the fallout.” A report by OAG Aviation Worldwide also reported that Canadian flight reservations to the U.S. have plummeted by 70% through September versus the same period last year. U.S. summer bookings have also dropped by 25% among European tourists at Accor SA hotels. The firm’s Chief Executive Officer Sebastian Bazin maintained the drop could be attributed to border detentions creating a “bad buzz” and diverting tourists to other destinations. Goldman Sachs economists Joseph Briggs and Megan Peters mentioned in a March 31 report that U.S. tariff announcements and a more aggressive stance towards historical allies hurt global opinions about the state. The duo also believe that tariffs will lead to U.S. gross domestic product growth to underperform consensus expectations in 2025. Todd Davidson, CEO of Travel Oregon, Oregon’s tourism commission, said the company was continuing efforts to attract foreign travelers. Davidson noted his team was on a trip to pitch the state at an adventure tourism conference in Vancouver. He also acknowledged that his team will host sales and marketing partners from the UK, India, and Brazil in the coming weeks. The company’s senior executive maintained that his team was also contemplating whether the commission will need to tweak its strategy more toward domestic visitors as the situation unfolds. He added, “Oregon is not and will not take its eye off those international markets.” Cryptopolitan Academy: Tired of market swings? Learn how DeFi can help you build steady passive income. Register Now
Strive Asset Management CEO Matt Cole is pushing for fintech giant Intuit to reevaluate its policies regarding cryptocurrency, arguing for the addition of Bitcoin to its assets. Fresh off a
Semler Scientific, Inc. has filed a $500 million mixed-securities offering to fund additional bitcoin acquisitions, reinforcing its strategy to adopt the cryptocurrency as its primary treasury reserve asset. Semler Chairman: ‘We Have Reached a Settlement in Principle’ Semler Scientific (Nasdaq: SMLR), a medical technology company, announced plans to raise up to $500 million through a
Bitcoin is facing a critical test as global markets remain volatile and macroeconomic tensions escalate. After weeks of price swings and uncertainty, BTC is trading above the $85,000 level — a psychological and technical threshold that bulls have managed to defend. Momentum appears to be building, but the real test lies ahead: reclaiming the $90,000 mark to confirm a recovery and shift broader sentiment. Despite the recent bounce, the market environment remains fragile. CryptoQuant insights reveal that market risk is still elevated, even as Bitcoin’s price attempts to stabilize. According to their latest data, only 24% of the circulating supply is currently in an unrealized loss — a relatively low figure when compared to previous major corrections. Historically, such a level is often associated with early-stage pullbacks rather than full-scale capitulation. This suggests that while bulls are stepping in, the broader market hasn’t fully flushed out excess risk, leaving room for additional downside if sentiment turns again. As the geopolitical climate remains tense and the macroeconomic outlook uncertain, Bitcoin’s next move will be crucial in determining whether this is the start of a sustained recovery or simply a temporary relief rally within a larger correction. Bitcoin Price Steadies But Market Risk Remains Elevated Global tensions and macroeconomic uncertainty continue to drive Bitcoin price behavior, with recent action hinting at a potential shift in momentum. As inflation begins to trend lower and the U.S. stock market shows signs of fragility, many analysts expect the Federal Reserve may eventually be forced to lower interest rates to prevent a deeper economic crisis. However, with trade negotiations between the U.S. and China evolving quickly, the timeline for any monetary easing remains unclear. Despite Bitcoin’s recent bounce above $85,000, on-chain data from CryptoQuant highlights that market risk is far from resolved. While BTC has undergone a notable correction—dropping over 30% from its all-time highs—only 24% of the circulating supply is currently in an unrealized loss. This is historically a low level, often seen during early-stage corrections, not during deep capitulation phases. The unrealized loss component is currently concentrated within the historical bottom zone, meaning that long-term holders are the ones absorbing the downside. This pattern typically reflects resilience but also signals caution: such phases tend to precede extended periods of sideways consolidation or further volatility rather than an immediate rally. In summary, while bullish momentum is building, the market remains vulnerable. A sustained move higher will likely require improved macro clarity and confirmation of policy shifts before Bitcoin can fully break into a renewed uptrend. Technical Details: Price Holds Above Key Indicators Bitcoin is currently trading at $85,500 after successfully pushing above the 4-hour 200 MA and EMA, both positioned around the $84,000 level. This technical breakout is a positive sign for bulls, who now need to maintain price action above these indicators to confirm a shift in short-term momentum and initiate a broader recovery phase. Holding above the $84K zone is crucial, as it signals strength and buyer commitment at this level. If bulls can continue to defend this range and reclaim the psychological $90,000 level, Bitcoin could quickly move into higher supply zones, potentially targeting a new local high and breaking the current consolidation pattern. However, despite this positive momentum, risks remain. If BTC fails to maintain support above the $84K zone and dips below $81,000, it could trigger renewed selling pressure. Such a breakdown would likely result in a sharp drop toward the $75,000 support region, a level closely watched by analysts for its historical significance. For now, Bitcoin’s price structure remains cautiously optimistic. Sustained buying interest and favorable macro conditions will be required to support further gains and confirm the beginning of a lasting recovery. Featured image from Dall-E, chart from TradingView
Bitcoin (BTC) is holding firm near $80,000 , while Ethereum (ETH) struggles to break through $1,560 resistance. Meanwhile, a rising contender is turning heads across news feeds and pre-sale trackers— MAGACOINFINANCE . Backed by momentum and urgency, it may be the real leader this cycle. ⚠️ LIMITED SPOTS — JOIN 2025’S BIGGEST PRESALE! ROI Comparison – BTC, ETH vs MAGACOINFINANCE BTC : $80K to $150K = +87.5% ROI ETH : $1,560 to $10K = +541% ROI MAGACOINFINANCE : $0.0002908 to $0.007 = +3,645% ROI Stage 7 Rush – 60% Filled and Counting MAGACOINFINANCE continues its record-breaking pace. After Stage 6 SOLD OUT , Stage 7 launched at $0.0002908 and is already over 60% full . The next price jump will cut directly into ROI potential. With a confirmed listing target of $0.007 , base ROI is already +2,308% . But apply the MAGA50X promo code to receive 50% more tokens , and that ROI rises to +3,645% . With over 12,500 holders , buyers are rushing to get in while the stage is still open. 🔴 PRESALE SELLING OUT- CLICK HERE TO SECURE A SPOT Trending Media & Influencer Spotlight Driving Action Crypto media outlets, Telegram trading groups, and YouTube influencers are all buzzing about MAGACOINFINANCE . It’s climbing CMC watchlists , being picked up by crypto bloggers, and gaining visibility faster than any small-cap this month. This is the same momentum that helped SHIBA and DOGE explode—and MAGACOINFINANCE is still under $0.0003 . Current Price Highlights BTC : Near $80,165 , leading large-cap strength ETH : At $1,560 , still consolidating MAGACOINFINANCE : Active in Stage 7 at $0.0002908 ⚠️ FINAL HOURS: CLAIM 50% EXTRA BONUS — CODE MAGA50X Other Coins to Watch: TON, XRP, BCH, LINK TON at $1.08 is seeing ecosystem expansion XRP above $2.03 continues to attract volume BCH holding near $302 , gaining on payment rails LINK stable at $12.42 , critical for oracle infrastructure Conclusion BTC may dominate headlines—but MAGACOINFINANCE is outperforming with media visibility and investor urgency. Momentum, math, and a surging holder count make this the most exciting opportunity this cycle. Don’t miss the final stages under $0.0003—act before ROI drops. Always do your own research before investing. Website: magacoinfinance.com Twitter/X: https://x.com/magacoinfinance The post Can MAGACOINFINANCE and BTC Hold Stronger Than Ethereum This Cycle? appeared first on TheCoinrise.com .
Tether invests in Fizen to enhance cryptocurrency payment systems. The partnership aims to improve financial access and user experience. Continue Reading: Tether and Fizen Join Forces to Simplify Digital Payments The post Tether and Fizen Join Forces to Simplify Digital Payments appeared first on COINTURK NEWS .