Bitcoin sold off to $92,910 after GDP data showed the negative impact of Trump’s trade war and the heightened chance of a US recession. Will traders buy the dip? Key points:  US GDP shrank in Q1, raising recession alarms while also prompting calls for Fed rate cuts. Bitcoin dropped to $92,910 as GDP figures were...Continue Reading

The stolen $330 million was laundered through 300 wallets and 20+ exchanges, experts told Cointelegraph. An elderly US individual is reportedly the victim of a devastating $330 million Bitcoin heist, now ranked as the fifth-largest crypto hack in history. The attacker used advanced social engineering tactics to gain access to the victim’s wallet, onchain investigator...Continue Reading

Bitcoin’s low 7-day volatility could be a sign that a range expansion is in the making. Cointelegraph checks the altcoin charts to see which could follow. Key points: Bitcoin’s 7-day volatility is the lowest in 563 days, signaling an impending range expansion. Bitcoin’s breakout above $95,000 could swiftly take it to $100,000 and above. Read...Continue Reading

Mantra has cited broader industry factors as contributing to the recent collapse of its OM token, with CEO John Mullin calling on exchanges to reassess their leverage policies. Update (April 30, 4:10 pm UTC): This article has been updated to add a comment from Mantra CEO John Mullin. Decentralized finance (DeFi) platform Mantra has called...Continue Reading

Crypto hackers have already surpassed the $1.49 billion stolen during 2024, according to Immunefi’s latest research. Cryptocurrency hackers stole more than $90 million in April, dealing another blow to the industry’s mainstream reputation despite ongoing efforts to improve cybersecurity. Hackers made off with $92 million of digital assets across 15 incidents in April, according to...Continue Reading

Bitcoin’s reaction to US GDP figures is overblown as data shows BTC selling over the past few days ramping up near the $95,000 level as short-term traders take profit. Key Takeaways: US GDP shrank -0.3% in Q1, far below +0.3% forecasts, sparking recession fears. Bitcoin faces selling pressure with its spot volume delta dropping $300...Continue Reading

According to Changpeng Zhao, European countries, with the exception of Montenegro, were largely lagging behind the US and Asia on crypto adoption. Changpeng “CZ” Zhao, the former CEO of crypto exchange Binance, said most European countries were moving “nowhere” in terms of the adoption of digital currencies. Speaking at the Token2049 conference in Dubai on...Continue Reading

The ETF will track Bitcoin acquisition companies and firms with a corporate BTC treasury strategy, including several mining operations. Asset manager Grayscale launched the Grayscale Bitcoin Adopters exchange-traded fund (ETF), an investment vehicle that tracks companies employing a Bitcoin (BTC) treasury, or holding strategy. According to the April 30 announcement, the ETF will provide exposure...Continue Reading

The new data compression layer may address centralization risks in the crypto industry, such as the recent outage by Amazon Web Services. Vanar Chain, a layer-1 blockchain network, has launched a new artificial intelligence-powered compression and data authentication layer designed to address the industry’s longstanding issue with onchain storage. Vanar Chain is launching Neutron, an...Continue Reading

Vitalik Buterin outlined his 2025 Ethereum development priorities, including single-slot finality, statelessness, enhanced privacy and decentralized infrastructure. Ethereum co-founder Vitalik Buterin released another update on what he believes the future of the network should entail. In an April 30 post on blockchain-based social media platform Farcaster, Buterin outlined his personal areas of focus for Ethereum...Continue Reading