Crypto stocks down, IPOs punted amid tariff tumult

Crypto stocks down, IPOs punted amid tariff tumult

Crypto firms take a hit as Trump’s new tariffs rattle markets, sinking stocks and stalling IPO ambitions across sectors. Cryptocurrency firms felt the heat from US President Donald Trump’s sweeping tariff rollout this week as market turbulence sent share prices tumbling and foiled initial public offering (IPO) plans.  From exchanges to Bitcoin (BTC) miners, crypto…

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Bitcoin falls toward K and prints ‘death cross’ as US stocks mimic 2020 COVID-19 crash

Bitcoin falls toward $80K and prints ‘death cross’ as US stocks mimic 2020 COVID-19 crash

Bitcoin’s pre-reciprocal US tariff gains evaporated as the S&P 500 prints intra-day losses not seen since the height of the COVID-19 sell-off in mid-2020. Bitcoin (BTC) hit new monthly lows at the April 3 Wall Street open as US unemployment data added to pressure on risk assets. BTC/USD 4-hour chart. Source: Cointelegraph/TradingView Data from Cointelegraph…

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GameStop finishes .5B raise to add Bitcoin to its balance sheet

GameStop finishes $1.5B raise to add Bitcoin to its balance sheet

GameStop’s board had greenlit an investment in Bitcoin and US-dollar-pegged stablecoins using the convertible debt offering and cash reserves on March 25. Video game retailer GameStop Corporation (GME) has finished a convertible debt offering that raised $1.5 billion, with some proceeds earmarked for buying Bitcoin. The offering was initially set to raise at least $1.3…

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4 key Bitcoin metrics suggest K BTC price is a discount

4 key Bitcoin metrics suggest $80K BTC price is a discount

Bitcoin price fails to find upward momentum, but multiple data points prove BTC currently trades at a discount. Bitcoin (BTC) price dropped from $87,241 to $81,331 between March 28 and March 31, erasing gains from the previous 17 days. The 6.8% correction liquidated $230 million in bullish BTC futures positions and largely followed the declining…

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