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S&P 500 makes 2nd new all-time high this week
The S&P 500 closed at 7,041.28, the Nasdaq finished at 24,102.70, and the Dow added 115 points to close at 48,578.72. For the week so far, the S&P 500 is up 3.3%, the Nasdaq has gained 5.2%, and the Dow is up more than 1%, while the Nasdaq also stretched its winning streak to 12 […]
Cryptopolitan
Thu, Apr 16
Bitcoin Rally Stalls As 60,000 BTC From STHs Hits Exchanges
On-chain data shows the Bitcoin short-term holders reacted to the recent price surge by sending a significant amount of BTC to centralized exchanges. Bitcoin Short-Term Holders Deposited 61,000 BTC During The Rally As pointed out by CryptoQuant community analyst Maartunn in an X post, the Bitcoin sh...
NewsBTC
Thu, Apr 16
Shiba Inu Sees Major Developments As Its Price Continues To Struggle
Recent activity around Shiba Inu (SHIB) suggests that traders are becoming more active even as the price continues to struggle. Despite rising volumes, increased derivatives positioning, and strong accumulation signals, the meme coin remains stuck below its all-time high. At the same time, reports r...
Bitcoinist
Thu, Apr 16
Beijing professor Jiang Xueqin sparks debate with claim Bitcoin is a US intelligence project
Beijing-based educator Jiang Xueqin has sparked renewed debate in the crypto market after claiming that Bitcoin may have been created by U.S. intelligence agencies. In a recent interview and podcast appearance, Jiang raised questions about Bitcoin’s origins, highlighting its anonymous creator, its free global release, and its underlying infrastructure. He argued that such a project […]
Cryptopolitan
Thu, Apr 16
Schwab launches direct crypto trading in coming weeks to 39 million customers
Charles Schwab announced this week it will begin offering direct cryptocurrency trading to everyday investors in the coming weeks, allowing customers to buy and sell bitcoin and ethereum alongside their traditional investments. The new service, called Schwab Crypto, will charge 75 basis points on the dollar value of each trade, positioning itself among the lowest-cost […]
Cryptopolitan
Thu, Apr 16
XRP Locked In Range, But Here’s What Happening Underneath
XRP may appear stuck in a frustrating range, but beneath the surface, important signals are beginning to take shape. As prices compress and key levels hold, shifting momentum and developing patterns suggest that a larger move could be building just out of sight. 68 Days Of Consolidation: XRP Still S...
NewsBTC
Thu, Apr 16
Bitcoin Mining Difficulty Poised For 3% Decline On Friday
Bitcoin miners will soon have an easier time on the network as on-chain data shows the mining Difficulty is headed for a 3% drop this Friday. Bitcoin Mining Difficulty To Go Down 2.9% In The Next Adjustment According to data from CoinWarz, the Bitcoin mining Difficulty is heading toward a jump in th...
Bitcoinist
Thu, Apr 16
Ethereum Price Forecast: ETH's rise above $2,300 not yet backed by robust demand
Ethereum (ETH) quickly reclaimed $2,300 again on Thursday after a slight dip below the level in the early American session.
Ethereum
Fxstreet
Thu, Apr 16
Circle (CRCL) Sued Over $280M Drift Protocol Hack—What Plaintiffs Claim
Circle (CRCL), the issuer behind the USDC stablecoin, is facing a fresh lawsuit in Massachusetts tied to the $280 million Drift Protocol hack that occurred on April 1. The complaint, filed by plaintiffs represented by the law firm Gibbs Mura, alleges that Circle did not take action to freeze stolen ...
NewsBTC
Thu, Apr 16
Trading Halted: Another Crypto Exchange Goes Dark After Cyber Attack
A Russian-linked crypto exchange, Grinex, has suspended its services after a major cyber attack that resulted in the theft of roughly 1 billion roubles ($13 million). Crypto Exchange Grinex Accuses ‘Unfriendly States’ In a statement released on Thursday, the exchange claimed that the attack was carr...
Bitcoinist
Thu, Apr 16
Bitcoin Supply On Crypto Exchanges Drying Up As Accumulation Gains Steam
After a sudden upward move earlier this week, the Bitcoin price appears to be stabilizing near the $74,000 mark as bullish sentiment persists. With bullish momentum gaining traction, investors are now shifting into accumulation mode across the market, which has led to a notable withdrawal of the fla...
Bitcoinist
Thu, Apr 16
Dogecoin’s Capital Flow: What 24-Hour Spot Flow Data Reveals About Its Next Move
Dogecoin’s price action is still stuck below $0.1, trading in a range so tight. Dogecoin’s price trajectory has spent the better part of April refusing to commit to a direction, and this trend is also reflected in its spot flow activity. The latest data from CoinGlass shows a split between sho...
NewsBTC
Thu, Apr 16
Hyperbridge revises its exploit losses from approximately $237,000 to $2.5 million
Hyperbridge spent the last three days telling the market that the damage it took from its April 13 loss was manageable. But in its recovery update today, April 16, it revealed that the initial loss estimate, which was calculated at $237,000, was actually around $2.5 million. That near-10x recalculation has raised the seriousness of the […]
Cryptopolitan
Thu, Apr 16
Drift Protocol has secured a recovery lifeline that prioritizes affected users thanks to Tether
Drift Protocol announced today that it would deploy a structured recovery plan supported by close to $150 million from Tether and other entities. The news comes a couple of weeks after Drift Protocol was hit with a major $280M exploit, in one of the most devastating exploits in DeFi history. Drift receives $150M for recovery […]
Cryptopolitan
Thu, Apr 16
Insiders may be using secret government knowledge to profit on prediction markets
Washington is starting to ask hard questions about whether government insiders are using what they know to make money on political betting platforms and whether anyone has the power to stop them. Platforms like Kalshi and Polymarket have pulled prediction markets out of the shadows in recent years, drawing ordinary people into wagering on everything […]
Cryptopolitan
Thu, Apr 16
Is SWIFT Integrating XRP For Payments? The Code Might Hold The Answer
Crypto pundit SMQKE has raised speculations that SWIFT may be integrating XRP for payments. He alluded to a code, which suggests that Ripple could easily move to establish connections between SWIFT-linked institutions and the XRP Ledger. Pundit Highlights Alleged Link Between XRP and SWIFT In an X p...
Bitcoinist
Thu, Apr 16
Ethereum Buyers Dominate Like It’s 2021 – Find Out What Happens Next
Ethereum is testing resistance just below $2,400, caught between renewed buying interest and the lingering uncertainty that has defined the market for months. The price action looks tentative from the outside — but a CryptoQuant report is pointing to something happening beneath the surface that the ...
NewsBTC
Thu, Apr 16
Russian banks call for relaxed cryptocurrency regulations
Russian bankers are now urging their government to soften upcoming crypto rules and admit more coins to the country’s market for digital assets. Their call comes after lawmakers warned against the overly strict framework currently under review, suggesting regulation in line with global standards. Russian banks push for liberal cryptocurrency law The Association of Russian […]
Cryptopolitan
Thu, Apr 16
The EU is forcing Google to share its search data with rivals and AI services
Europe’s top competition authority has moved to strip Google of its iron grip over online search data, ordering the company to open up the information it collects to competing search engines and artificial intelligence services. The European Commission laid out the plan on Thursday, sending Google a set of preliminary findings under the Digital Markets […]
Cryptopolitan
Thu, Apr 16
Ripple Payments And The Future Of Domestic Payment Infrastructure by 2030
As the global financial system moves toward greater efficiency, interoperability, and real-time settlement, the infrastructure behind domestic payments is undergoing a profound transformation. Governments and institutions are setting ambitious 2030 targets to modernize payment systems. In this evolv...
NewsBTC
Thu, Apr 16
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