Bitcoin News Today TheBitTimes.com

Circle recently announced its Circle Payments Network, which leverages USDC for cross-border payments. If that pitch sounds a lot like Ripple’s XRP-based payments network, RippleNet, that’s because it’s meant to. The giant crypto incumbents are direct competitors for the world’s most valuable settlement rails: sending USD value between banks using cryptography. Circle has its $61 billion USDC, and Ripple has its much smaller, albeit equally compliant, RLUSD. Both companies also have partnerships with banks and payment providers, with Circle boasting over 500 alliances and Ripple claiming to work with thousands . Crypto exchanges report about $55 million worth of RLUSD volume over the last 24 hours. That is 99.4% less than Circle’s $9.8 billion for its much larger USDC. Tearing a page right out of Ripple’s XRP marketing playbook, Circle bemoaned cross-border payments taking “longer than one business day to settle and costing more than 6%.” Just like Rippl...

What could happen to Shiba Inu if Bitcoin hits $2.4M? IntoTheBlock demonstrates that Shiba Inu follows Bitcoin by an 82% correlation at this time. The close level of price correlation between SHIB and Bitcoin indicates that SHIB could trim off another zero from its value if Bitcoin reaches its ambitious target price of $2.4M according to Ark Invest. The future of Shiba Inu depends highly on Bitcoin’s performance since many experts speculate what would happen to the popular meme coin if Bitcoin achieves its ambitious $2.4M price point. Also Read: China Exempts Key U.S. Goods From 125% Tariff—What’s on the List? What Happens to SHIB If Bitcoin Hits $2.4M? Price, Market, Risk Source: Watcher Guru Ark Invest’s Bold Bitcoin Prediction Ark Invest recently surprised the entire crypto community with an updated Bitcoin price prediction for 2030. The multi-billion-dollar asset manager basically forecasts that Bitcoin might reach about $500,000 in a bear scenario, around $1.2 million a...

The global payment mechanism is experiencing a paradigm shift, as BRICS member China is seizing the opportunity of Trump’s tariffs by pushing the Chinese yuan as an alternative currency to the US dollar. Trade settlements in the Chinese yuan are on the rise as the world is looking to cut ties with the greenback. The trade wars kick-started by Trump are making emerging economies reconsider their ties with the US. “This is an opportunity that we must seize,” said Yang Changjiang, a Chinese finance professor at Fudan University. Also Read: BRICS: China Officially Launches Plan to Promote Its Own Payment System BRICS: Chinese Yuan Payments Touched 24% in 2025, A Big Leap From Last Year Source: Reuters / Getty Images A recent survey published by the Renmin University’s International Monetary Institute sheds light that bigger enterprises are now considering settling payments in Chinese yuan and lessening the US dollar transactions. Renmin University’s findings show that the...

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

US India trade deal progress has accelerated during the last weeks so Treasury Secretary Scott Bessent delivered a crucial update regarding the current developments when this article was written. Secretary Bessent suggested that India stands strong to become one of the initial countries to attain an official trade agreement with the United States. The US Department of the Treasury revealed these developments during a time when global trade tensions along with US trade agreement reforms remain active. JUST IN: Treasury Secretary Bessent says "India might be one of first trade deals we'll sign." — Watcher.Guru (@WatcherGuru) April 28, 2025 Also Read: Kazakhstan Breaks OPEC Unity—Commerzbank Warns of De-Dollarization! US-India Trade Deal Could Ease Global Trade Tensions And Boost Growth Source: Watcher Guru The potential US India trade deal represents a significant step forward in bilateral economic relations between the two nations. Secretary Bessent’s statements from just...

Investment in XRP for 2025 has really captured attention after Jake Claver, Managing Director of Digital Ascension Group, just recently revealed his decision to focus solely on XRP. This move comes amid growing discussions and speculation about XRP’s potential role as a bridge currency in the financial world. Everyone wants to know why I’m only investing in XRP vs being diversified… this visual should be enough for most people to understand. Interesting timing… pic.twitter.com/MKBA7KyNnr — Jake Claver, QFOP (@beyond_broke) April 20, 2025 Also Read: $2.70 or Crash to $1.70? XRP Traders Eye Bollinger Band Shift Why XRP Price Prediction & Sentiment Are Bullish in 2025 Source: Watcher Guru The market sentiment for XRP has shifted dramatically following Claver‘s announcement on X. At the time of writing, he shared an interesting infographic titled “Interledger: Enabling Interoperability Across Platforms 2020-2025,” which essentially positions XRP as a central bridge b...

Fund manager ARK Invest raised its most optimistic Bitcoin price prediction to $2.4 million by 2030—up from $1.5 million previously—citing accelerating institutional adoption as a key driver. ARK analyst David Puell detailed the updated forecast in an April 24 report, also raising the firm’s bear and base case targets to $500,000 and $1.2 million, respectively. Each scenario reflects growing confidence in Bitcoin’s integration into the traditional financial system. In the bull case, Puell projects Bitcoin could capture 6.5% of the $200 trillion global financial market, driven by its increasing appeal as both a store of value and a macro hedge. He also sees BTC potentially taking 60% of gold’s $18 trillion market cap as it becomes widely accepted as “digital gold.” Bitcoin Supply On Exchanges Drops To Lowest Level In Over 6 Years Supporting the narrative of accelerating institutional adoption, Fidelity Digital Assets noted in an April 24 post...

Dolomite, a decentralized finance (DeFi) lending and borrowing protocol, is launching its token generation event (TGE), as per the reports shared with Finbold on Thursday, April 24.  DOLO, the platform’s native token, will be available 9:00 AM EST on major centralized exchanges (CEX), including Bybit, Binance Alpha, Bitget, KuCoin, and Kraken, as well as on decentralized exchanges (DEX) like Kodiak and Uniswap. DOLO airdrop A successful airdrop has already distributed 20% of the total DOLO supply to Dolomite users and Minerals Program participants.  The distributed supply is split 50:50 between liquid DOLO and a locked, governance-enabled version known as veDOLO. Eligible recipients can claim their tokens within six months. More efficient lending and borrowing With its flexible architecture, Dolomite enables more efficient borrowing, lending, and asset deployment. Further, it allows users to manage multiple borrowing positions within a sing...

It has been a fantastic start to the week for the leading cryptocurrency, as it has bounced back in a major way. Moreover, Bitcoin ETF inflows have increased 146% amid an ongoing 3-day streak, leaving many to question if a bull market is nearing for the asset class. The token had briefly broken through the $94,000 mark as it has been increasing steadily over the last two days. Indeed, it has been fueled by a shifting sentiment that has benefited a host of financial markets. Therefore, could there be even more gains approaching for the token? Source: Watcher Guru Also Read: Deutsche Bank, Standard Chartered Eye Expanded US Crypto Operations Bitcoin ETFs Continue Bounce Back as Sentiment Is Starting to Shift Tuesday proved to be major for Bitcoin, as the asset has been surging. It officially overtook Google as the fifth-largest asset in the world. Moreover, it has shown signs that increased price movement could be in its future. Specifically, its investment fund has been doing increasing...

Bitcoin surged past $94,000 for the first time in almost two months after President Donald Trump softened his stance on China tariffs and pledged not to fire Federal Reserve Chair Jerome Powell. Speaking at a White House press conference, Trump said the US will be ”very nice” to China and that tariffs will ”come down substantially” if the two sides can reach a deal. He added that Powell will remain in his role, signaling continuity at the Fed amid investor concerns over future monetary policy. The reassurances sparked bullish momentum across crypto markets, lifting Bitcoin more than 6% to top $94k at 4:10 a.m EST, its highest level in seven weeks. The meme coin sector surged 14%, with Dogecoin, Shiba Inu and Pepe all logging double-digit gains as risk-on appetite returned. Bitcoin ETF Inflows Hit Almost $913M Institutional investors upped their exposure to the leading crypto, with inflows for US spot Bitcoin ETFs (exchange-traded funds) reaching $912.7 mill...

Tuesday is set to be a monumental day for one of Wall Street’s most troublesome stocks of 20225. Indeed, EV manufacturer Tesla (TSLA) is set to release its Q1 earnings, with traders anxious about what to expect from the pivotal data. IT isn’t alone, with Alphabet (GOOGL) also set to release notable earnings data this week. The arrival of the important metrics will give investors greater insight into the state of the company’s stock. Specifically, it will clarify if the ongoing backlash facing the company will affect its financials and bottom line. So, the question is, what should investors expect in a year of so much uncertainty? Source: Market Watch Also Read: Tesla (TSLA) Stock Close to Being Best Deal on Wall Street: Here’s When to Buy Tesla Earnings Report Looms in Major Day For Wall Street For many of the top tech stocks, 2025 has been a year of volatility. However, that statement may not be truer for any company as much as it is for Tesla. To this point, the unex...

The cryptocurrency market has been yearning to see the world’s largest cryptocurrency, Bitcoin (BTC), climb back above the $100,000 mark. But it seems like the king coin is hit with several hurdles. Earlier today, BTC managed to rise to a high of $88,821.47, restoring hope in the market. It should be noted that this is the highest that the king coin has increased to during the past month. The community hopes that BTC continues this uptrend and reclaims $90,000 during the next few days. Also Read: Alphabet (GOOGL) Or META: Which Stock Is a Better Buy in 2025? Has Bitcoin Started Its Recovery Journey? Source: Watcher Guru The Bitcoin market started the new week on a rather bullish note. The asset recorded a 1% rise over the past 24 hours. At the time of writing, BTC was trading at $88,291.65. The asset had a challenging time over the past couple of days. Just earlier this month, the king coin was trading at a low of $74,436.68 before jumping to its monthly high today. Source: CoinMa...

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...