Bitcoin’s strong up move increases the likelihood of a rally to $95,000, signaling that the bottom may be in. The US Dollar Index (DXY) plunged below the 98 level on April 21, falling to a three-year low. That catapulted gold to a new all-time high, and Bitcoin (BTC) also showed strength, rising above $88,000.  BitMEX...Continue Reading

PlanB reignited his criticism of Ethereum, calling it centralized and premined, while highlighting its rollback history and diminished decentralization. Pseudonymous Bitcoin stock-to-flow (S2F) model creator PlanB attacked Ethereum and mocked the project’s co-founder, Vitalik Buterin. PlanB mockingly reposted a June 2022 X post by Buterin in which the Ethereum co-founder said S2F “is really not...Continue Reading

The SEC under US President Donald Trump announced it would closie its investigation of Uniswap and lawsuit against Consensys in February, roughly a month after the donations. New filings from the Federal Election Commission (FEC) reveal that several cryptocurrency firms and their executives made significant contributions to US President Donald Trump’s inauguration fund after the...Continue Reading

Bitfinex margin traders show high-risk tolerance, and a decrease in their longs doesn’t necessarily mean BTC’s price will immediately pull back. Despite Bitcoin’s (BTC) price reaching its highest level in over three weeks, traders on Bitfinex reduced their leveraged long (bullish) positions on margin contracts by more than $100 million between April 17 and April...Continue Reading

Bitcoin is increasingly abandoning its stocks correlation to copy gold’s upside, while the dollar dives and trade war fears continue to grip markets worldwide. Bitcoin (BTC) doubled down on its divergence from stocks at the April 21 Wall Street open as US trade war tensions escalated.  Data from Cointelegraph Markets Pro and TradingView showed BTC/USD...Continue Reading

El Salvador announced a new AI collaboration with computer chip-making giant Nvidia, aiming to improve healthcare, education and infrastructure. El Salvador, the first country in the world to adopt Bitcoin as legal tender, is working with the computer chip giant Nvidia to implement artificial intelligence for national development. El Salvador signed a letter of intent...Continue Reading

XRP price chart analysts are noting Wyckoff reaccumulation and falling wedge patterns that are painting a bullish target above $3.50. XRP (XRP) has dropped nearly 40% since hitting its multi-year high of $3.40 three months ago. Still, its ability to hold above key technical support levels, combined with a potentially market-shifting derivatives listing, has prompted...Continue Reading

Crypto betting platform Stake reportedly had revenue of $4.7 billion in 2024, rivaling traditional betting platforms. Crypto casinos generated more than $81 billion in revenue in 2024, even as regulators in key jurisdictions continued to block access to the platforms, according to a new report. Citing data from the anti-online-crime platform Yield Sec, the Financial...Continue Reading

Changpeng Zhao’s address received 90 million fake Grok tokens as Elon Musk-impersonating scams and phishing attacks see a resurgence. Scammers are once again capitalizing on the popularity of Elon Musk’s artificial intelligence chatbot Grok, with fake tokens again emerging as part of potential phishing attacks. A wallet linked to former Binance CEO Changpeng “CZ” Zhao...Continue Reading

Incoming US Treasury buybacks and a weakening US dollar may bolster Bitcoin’s appeal as a hedge against turbulence in the traditional financial system. Investors seeking Bitcoin exposure may be running out of time to purchase below a six-figure price, as US Treasury buybacks may signal the next leg up for the world’s first cryptocurrency. This...Continue Reading