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Bitcoin Funding Rates Driven By Extreme Bearish Sentiment To Multi-Year Negative Levels
Bitcoin appears to be maintaining its newfound strength, with the price breaking past major resistance levels. However, this bullish momentum has failed to reflect in certain key areas, such as the Funding Rates, suggesting underlying weakness beneath BTC’s upward performance. Negative Funding Rates...Bitcoinist
Thu, Apr 23
Prediction markets struggle to predict their own integrity crisis
Platforms that let people bet on real-world outcomes are struggling to keep cheaters out, and the problems are piling up fast. Kalshi, one of the biggest prediction market platforms in the United States, announced Wednesday that it had fined and suspended three candidates running for office after they placed bets on their own elections. The […]Cryptopolitan
Thu, Apr 23
Retail Is Cashing Out On Ethereum, But The Selloff Is Being Absorbed. Discover Who Is Buying
Ethereum has been grinding below $2,400 for weeks, testing the patience of holders who have watched the recovery build slowly, but without the decisive breakout, the price structure seemed to be setting up. That breakout may have just arrived. Ethereum pushed through to $2,423 in the latest session,...NewsBTC
Thu, Apr 23
Bitcoin Nears $80,000: Two Scenarios That May Decide Q2—Bulls Or Bears?
Bitcoin (BTC) is approaching a critical juncture as it presses against its nearest resistance wall at $80,000, which, according to some analysts, if not cleared, may send BTC back below $70,000. What’s happening under the surface is also getting more complicated, with CryptoQuant pointing to a key i...NewsBTC
Thu, Apr 23
XRP Off-Exchange Activity Just Hit Levels Not Seen Since 2021: Red Flag Or A Setup?
XRP is consolidating around the $1.40 level as the market builds toward what is beginning to feel like a decisive move in either direction. The price has been range-bound for long enough that the next breakout — whenever it arrives — is likely to be significant. An Arab Chain report has just surface...Bitcoinist
Thu, Apr 23
With 13 million bpd of oil trapped by the Strait of Hormuz, India and China turn to Russia
About 13 million barrels per day of oil are caught in the wider Strait of Hormuz crisis, pushing India and China into a scramble for replacement crude. Both are now chasing fewer barrels as disruptions in the waterway and stalled U.S.-Iran peace talks tighten the market. The main target is now Russia. Saudi Arabia is […]Cryptopolitan
Thu, Apr 23
Trudeau says Canada nearly turned to China after U.S. and Europe squeezed its economy
Former Prime Minister Justin Trudeau said Canada came close to moving toward China after economic pressure from the U.S. and Europe boxed in Canadian companies. Speaking Thursday at CNBC’s CONVERGE LIVE in Singapore, Trudeau said Western allies “almost drove” Canada “into China’s arms.” He linked that warning to Bombardier, the Canadian aircraft maker that began […]Cryptopolitan
Thu, Apr 23
4-Figure XRP: How High Will The Price Be If Ripple Captures 50% Of SWIFT?
The conversation around XRP’s long-term price potential has always gravitated toward one question: what happens when Ripple’s infrastructure meets global banking at scale? That same line of thinking extends to scenarios where the XRP Ledger begins handling a significant share of SWIFT’s ...NewsBTC
Thu, Apr 23
PEPE’s TCT Model Distribution Predicts The Top Of The Rally
Crypto analyst, the Composite Trader, has highlighted PEPE’s TCT model distribution, which hints at a massive rally for the meme coin. The analyst also alluded to Bitcoin’s price action to explain why there is a massive opportunity at the current levels. PEPE’s TCT Model Distribution Points To Rally...Bitcoinist
Thu, Apr 23
Tether aids US law enforcement in freezing $344M in USDT linked to illicit activity
Tether, the issuer of the largest stablecoin, USDT, announced on Thursday that it aided the Office of Foreign Assets Control (OFAC) and United States (US) law enforcement in freezing $344 million across two addresses.Fxstreet
Thu, Apr 23
Thailand Considers Opening Door Wider To Crypto Futures In Licensing Revamp
Kraken and Coinbase moved first. Both crypto exchanges rolled out perpetual futures tied to equities for non-US users earlier this year, part of a broader push toward round-the-clock, multi-asset trading. Now Thailand is adjusting its own rulebook to keep pace. Related Reading: Arbitrum Acts Fast: $...Bitcoinist
Thu, Apr 23
Why are shareholders forcing Satsuma to sell its BTC?
Satsuma Technology is under pressure from its investors, including Pantera Capital, to liquidate its Bitcoin treasury to reimburse shareholders. The internal pressure is reminiscent of how Empery Digital was also pressured to sell its Bitcoin to buy back its shares, abandoning the market playbook popularized by Michael Saylor’s Strategy, which continues to accumulate Bitcoin for […]Cryptopolitan
Thu, Apr 23
Tether freezes 2 whale Tron wallets worth $344M in minutes as active addresses drop by 21%
Tether, the world’s leading stablecoin issuer, has frozen two whale wallets on the Tron blockchain that hold a combined $344 million in USDT. According to SolanaFloor, the two addresses held roughly $131.3 million and $212.9 million, and both were halted within minutes. Tether has confirmed it supported the action in coordination with the US Treasury’s […]Cryptopolitan
Thu, Apr 23
Could Ripple XRP Power Cross-Border Payments? Russia’s Early Tests Suggest Potential
As global payment systems face pressure to become faster, cheaper, and less dependent on legacy intermediaries, attention is returning to blockchain-based alternatives. While countries explore alternatives to traditional systems, digital assets are increasingly entering the conversation, and XRP is ...NewsBTC
Thu, Apr 23
XRP Co-Creator Arthur Britto Is Real, David Schwartz Says In Rare Comments
David Schwartz offered one of his most detailed public descriptions yet of Arthur Britto, the elusive XRP Ledger architect whose near-total absence from public life has long fueled speculation across the crypto industry. Speaking in an X Space, Schwartz said Britto is not a myth or a pseudonym, but ...Bitcoinist
Thu, Apr 23
LayerZero support holds as Kelp DAO rsETH hack drains DeFi liquidity, spiking borrowing rates
LayerZero (ZRO) is trading at $1.58 at the time of writing on Thursday, rising from the daily low of $1.54. Despite sentiment broadly improving across the crypto market, interest in ZRO has remained subdued, especially in the retail market.Fxstreet
Thu, Apr 23
Vitalik has answers for prediction markets after hairdryer weather manipulation drama
Ethereum co-founder Vitalik Buterin is back to suggesting ways for prediction markets to do better after news reports claimed that a Polymarket trader might have tampered with the temperature terminal that the odds prediction platform uses to settle weather markets for the whole of Paris on two separate occasions, on April 6 and 15. The […]Cryptopolitan
Thu, Apr 23
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