Altcoin News Daily Official TheBitTimes.com

The United States’ global relations have been at the forefront of geopolitical affairs throughout this month. Amid an influx of America-first trade policies, several global collectives have warned over the protectionist approach. Now, the BRICS bloc is positioning itself, alongside US policy, to either drive a new dollar down cycle or push the currency closer to collapse. At the start of his return to the White House, US President Donald Trump had assured the importance of the greenback’s global status. Indeed, he said that the dollar’s loss of status as a global reserve currency would be akin to “losing a war.” Now, his administration is being confronted with a weakening currency and an influx of global policies to help facilitate its struggle. US Dollar in Concerning Predicament as BRICS & United States Policy Drive It Down Source: iStock Also Read: BRICS: Payments in Chinese Yuan Increased to 24% in 2025 Just one week ago, Goldman Sachs gave a gloomy pre...

Bitcoin (BTC) was noted in the immediate aftermath of President Donald Trump’s Liberation Day tariff announcement for trading separately from most other risk assets. Specifically, unlike U.S. – and foreign – stocks, BTC held relatively steady on Friday and Saturday, promising to retain its critical support levels at approximately $82,000. A similar phenomenon was seen in the entire cryptocurrency market. Despite the overall market capitalization plunge amounting to $400 billion from $2.75 trillion at the tariffs’ announcement to $2.35 trillion at press time, the bulk of the erasure occurred in two brief crashes. First, the total valuation of digital assets dropped by about $150 billion between Thursday, April 3, and Friday, April 4. It then held steady over most of the weekend, only to accelerate on its downward trajectory on Sunday. Ultimately, the biggest collapse occurred between the afternoon of April 6 and the early hours of Monday, April 7, as cryptoc...

With all the regulatory hurdles Binance, the largest cryptocurrency exchange by trading volume, has faced over the past months, investors have taken a cautious approach toward the exchange. It all started with the US commodity futures trading commission (CFTC) taking legal action against Binance for violating the Commodity Exchange Act (CEA) in March 2023. The initiation of the lawsuit shook the crypto market, with the Bitcoin (BTC) price falling from $27,700 to $26,600. Despite Binance and its CEO Changpeng Zhao’s (CZ) attempt to dismiss CFTC’s lawsuit, a survey taken in collaboration with BTC Peers — involving 1,273 crypto traders internationally —  shows that 45% of the traders believe there’s a credible possibility of Binance’s collapse. However, 55% of the remaining survey-takers voted for Binance’s market dominance despite the high competition and tight regulatory scrutiny. “Binance’s future is uncertain. It might not collapse if it can address regulatory concerns, im...