Key points: Bitcoin continues to face resistance at $95,000, but the possibility of an upside breakout remains high. Solid spot Bitcoin ETF inflows do not always signal a short-term top. Select altcoins are showing early signs of a short-term trend change. Bitcoin (BTC) pierced the $95,000 resistance on April 28, but the bulls are struggling … Read more
Key takeaways: US Treasury funds saw $19 billion inflows, the highest since March 2023, as the 30-year yield fell 30 basis points. Foreign central banks cut US Treasury holdings to 23%, a 22-year low, as gold reserves hit 18%. Bitcoin soared in 2020 from $9,000 to $60,000 amid similar trends, hinting at a similar outcome … Read more
The hacker behind the $5.8 million recent Loopscale exploit is in talks to return the stolen funds in exchange for a bounty, the Solana-based protocol said. The exploiter pilfered approximately 5.7 million USDC (USDC) and 1,200 Solana (SOL) tokens from two of Loopscale’s yield vaults on April 26, prompting the decentralized finance protocol to temporarily … Read more
Key Takeaways: Bitcoin price dropped alongside falling Treasury yields, signaling investors’ flight to safer assets. Strategy’s $4.28B Bitcoin purchases and stock market strength have supported BTC above $90,000. A true breakout toward $100,000 will require Bitcoin to decouple from equities and stronger liquidity signals. Bitcoin (BTC) experienced a sharp $2,000 correction to $93,500 on April … Read more
Crypto users betting on the outcome of the snap election to determine the next Prime Minister of Canada appear to be favoring a Liberal Party victory as residents head to cast their votes. As of April 28, cryptocurrency betting platform Polymarket gave current Canadian Prime Minister and Liberal Party candidate Mark Carney a 79% chance … Read more
What to know: Altcoins have lagged Bitcoin year-to-date, but BNB price shows relative resilience, trading only 10% lower than the previous cycle’s all-time high. BNB Chain shows a robust activity, consistently ranking third in daily transactions, active addresses, and TVL, while leading in the number of DApps. The blockchain’s weakest point is its revenue, which … Read more
Opinion by: Steven Smith, head of protocol and applied research, Tools for Humanity Blockchains were designed as systems of trust that are transparent, decentralized and accessible. The age of AI has, however, introduced significant new challenges. Nearly half of all internet traffic is generated by bots, with up to 80% of blockchain transactions now automated … Read more
Ethereum’s Fusaka hard fork is expected to take place in the third or fourth quarter of this year, according to an Ethereum Foundation official. In an April 28 X post, Ethereum Foundation co-executive director Tomasz Kajetan Stańczak said that the organization is aiming to deploy the Fusaka Ethereum network upgrade in Q3 or Q4 2025. … Read more
Peter Chung, head of research at quantitative trading firm Presto, has repeated his prediction that Bitcoin (BTC) will reach $210,000 by the end of 2025. In an April 28 interview with CNBC, Chung cited institutional adoption and global liquidity expansion as the primary drivers behind his long-term bullish outlook. The analyst acknowledged that market conditions … Read more
When Donald Trump was running for president, he pledged to build 10 new US cities, dubbed “freedom cities,” from scratch, designed to improve the quality of life for Americans. These new high-tech communities were to be created on public land, and they were going to be free of the “nightmare of red tape,” including lengthy … Read more
Michael Saylor’s Strategy added to its massive Bitcoin stash last week as the cryptocurrency surged above $90,000. In an April 28 announcement, Strategy reported acquiring 15,355 Bitcoin (BTC) between April 21 and 27. The latest purchases cost Strategy $1.42 billion at an average price of $92,737 per BTC, increasing the company’s aggregate BTC holdings by … Read more
sUSD depeg, explained: Why Synthetix’s stablecoin fell below $0.70 In a significant and concerning event in the cryptocurrency space, sUSD, the native stablecoin of the Synthetix protocol, saw its value plummet to $0.68 on April 18, 2025. This drop represents a dramatic 31% deviation from its intended peg of 1:1 with the US dollar, a … Read more
Coinbase, the world’s third-largest cryptocurrency exchange by volume, is launching the Coinbase Bitcoin Yield Fund on May 1, aiming to offer Bitcoin (BTC) exposure for institutional investors outside the US. The fund targets an annual net return of 4% to 8% on Bitcoin holdings, according to an April 28 blog post by Coinbase. “To address … Read more
Wallet interoperability still remains the vision for Web3 gaming, according to Arthur Madrid, the co-founder and CEO of the decentralized metaverse and gaming platform The Sandbox. In an exclusive interview with Cointelegraph at the Crypto Polo event in Dubai, Madrid and The Sandbox co-founder and chief operating officer Sebastien Borget told Cointelegraph that Web3 gaming … Read more
The Stacks Asia DLT Foundation has become the first Bitcoin-based organization to establish an official presence in the Middle East, aiming to promote institutional Bitcoin adoption through expanded educational initiatives. Stacks Asia has partnered with the Abu Dhabi Global Market (ADGM) — one of the world’s fastest-growing financial centers — in a move that could … Read more
Cryptocurrency exchange-traded products (ETPs) bounced back with their third-largest inflows on record last week, according to CoinShares. Global crypto ETPs collectively posted $3.4 billion of inflows in the trading week of April 21–25, marking the highest level since December 2024, CoinShares reported on April 28. The inflows were just 13% below the all-time high of … Read more
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Onchain sleuth ZachXBT has flagged a suspicious transfer involving 3,520 Bitcoin (BTC) (valued at $330.7 million) that may indicate a major theft. The transaction, reported on April 28, saw funds moved from a potential victim’s wallet to the address bc1qcry…vz55g. Following the transfer, the stolen stash was quickly laundered through over six instant exchanges and … Read more
Caitlin Long, founder and CEO of Custodia Bank, has criticized the US Federal Reserve for quietly maintaining a key anti-crypto policy that favors big-bank-issued stablecoins, despite relaxing crypto partnership rules for banks. In an April 27 thread on X, Long explained that while the Fed recently rescinded four prior crypto guidelines, it left intact a … Read more
Key points: High Bitcoin ETF inflows don’t always signal a price top as historical data is mixed. Spot Bitcoin inflows often precede short-term price rises, not reversals. Bitcoin may hit $100K but faces resistance. Bitcoin’s (BTC) price recovery may be stalled at $100,000 as questions emerge whether high ETF inflows have always marked the local … Read more
Opinion by: Ross Shemeliak, co-founder and chief operating officer of Stobox The Trump administration is pushing a much-revived policy trajectory, marked by tariffs and sanctions that aim to reshore production. Despite exemptions favorable to technology, this dramatic turnaround may seem like a case of the White House treating global trade as its playground. The president’s … Read more
Cryptocurrency services platform Nexo announced that it is reentering the US market after facing previous regulatory challenges. According to an April 28 announcement, Nexo’s reentry event featured Donald Trump Jr., who said that he thinks “crypto is the future of finance,” adding: “We see the opportunity for the financial sector and want to ensure we … Read more
The team behind the Official Melania Meme (MELANIA) token sold more than $1.5 million of tokens over the past three days, suggesting a programmatic selling strategy that may add downside pressure to the token. The team behind the Melania memecoin sold another $930,000 worth of tokens on April 28, two days after selling $630,000, according … Read more
Bitcoin (BTC) is bracing for a major US macro data week as crypto market participants warn of serious volatility next. Bitcoin retests $92,000 after a promising weekly close, but traders still see a deeper BTC price correction to come. A bumper week of US macro data comes with the Federal Reserve under pressure on multiple … Read more
Coinbase has urged the US Office of Government Ethics to remove a rule banning Securities and Exchange Commission staff from holding crypto. SEC staff need to use crypto to better understand how it works and the best way to regulate it, Coinbase chief legal officer Paul Grewal argued in open letters sent to OGE acting … Read more
The Donald Trump-backed World Liberty Financial has signed a Letter of Intent with the Pakistan Crypto Council to accelerate crypto adoption in the South Asian country and one of the industry’s fastest-growing markets. Under the partnership, World Liberty will help the Council launch regulatory sandboxes to test blockchain-based products, expand stablecoin applications for remittances and … Read more
Chinese tech giant Huawei has reportedly developed a powerful artificial intelligence chip that could rival high-end processors from US chip maker Nvidia. The Shenzhen-based Huawei is poised to start testing a new AI chip called the Ascend 910D, and has approached local tech firms, which are slated to receive the first batch of sample chips … Read more
Crypto exchange Bitget says it is sending letters from its lawyers to account holders it alleges were involved in manipulating the price of perpetual futures contracts tied to the VOXEL token. Eight account holders that the exchange accuses of being involved in the April 20 incident and who allegedly pocketed $20 million between them will … Read more
Bitcoin is starting to act as a store of value during times of “US-risk-off” sentiment, marking a potential shift in its relationship with traditional assets, according to the New York Digital Investment Group. Bitcoin (BTC) felt “noticeably different” over the trading week ended April 25, NYDIG’s global head of research Greg Cipolaro said in an … Read more
Nike has been hit with a class-action lawsuit that accuses the sportswear giant of operating a rug pull for shuttering its non-fungible token (NFT) platform RTFKT in January. A group of RTFKT users led by Jagdeep Cheema claimed in the proposed class suit filed in a Brooklyn federal court on April 25 that they suffered … Read more