With $75,000 possibly the new floor, Bitcoin is giving hints that a BTC price breakout is about to begin, based on two classic technical indicators. Bitcoin (BTC) has recovered 25% from its multi-year low below $60,000, with momentum indicators flashing rare “buy” signals. Key takeaways: Bitcoin’s MACD and RSI indicators forecast a sharp BTC price...Continue Reading

Strategy bought 34,164 Bitcoin for $2.54 billion last week, marking its third-largest BTC purchase on record. Michael Saylor’s Strategy, the world’s largest public Bitcoin holder, has blasted past 800,000 BTC in total holdings after announcing its latest purchases. Strategy acquired 34,164 Bitcoin (BTC) for $2.54 billion between April 13 and 19, according to an 8-K...Continue Reading

Coinbase launched USDC loans for UK users backed by BTC, ETH and cbETH, expanding its borrowing product as Britain moves toward a crypto regulatory regime. Crypto exchange Coinbase has rolled out crypto-backed USDC loans for users in the United Kingdom, allowing users to borrow USDC against Bitcoin, Ether and Coinbase Wrapped Staked Ether (cbETH). The...Continue Reading

Mastercard is testing stablecoin settlement with SoFiUSD to speed up card transaction clearing and help bridge traditional finance and blockchain. Mastercard is integrating stablecoins into its payment infrastructure to modernize the back-end settlement process, allowing banks and issuers to settle card transactions using regulated digital dollars such as SoFiUSD. The partnership with SoFi Technologies enables...Continue Reading

Bitcoin saw a green weekly close despite renewed US-Iran war momentum, and a trader forecast that BTC price action would beat last week’s local highs. Bitcoin (BTC) begins the last full week of April juggling fresh US-Iran war fears as resistance hurdles line up. Key points: Bitcoin stays green on weekly time frames with multiple...Continue Reading

Crypto investment products recorded $1.4 billion in inflows last week as Bitcoin almost touched $78,000, with assets under management rising to $154.8 billion. Cryptocurrency investment products logged another week of strong inflows on ceasefire optimism and a Bitcoin price breakout driving investor sentiment. Crypto exchange-traded products (ETPs) posted $1.4 billion in inflows last week, beating...Continue Reading

LayerZero said that Kelp’s DVN setup caused the $290 million exploit, as investors questioned which protocol would step up to cover the shortfall. Interoperability protocol LayerZero claims that an inadequate setup tied to Kelp’s decentralized verifier network (DVN) enabled malicious actors to steal $290 million from Kelp DAO, adding that preliminary signs point to North...Continue Reading

BIS general manager Pablo Hernández de Cos says US dollar stablecoins could pose risks to financial stability and urges stronger global coordination on regulation. The Bank for International Settlements (BIS) general manager, Pablo Hernández de Cos, called for tighter global coordination on stablecoins Monday, warning that US dollar-denominated tokens could have “material consequences” for financial...Continue Reading

Strategy’s Michael Saylor posted “Think Even Bigger” on Sunday, coming just a week after it disclosed $1 billion of Bitcoin buying. Strategy co-founder Michael Saylor has hinted at another large Bitcoin purchase, just a week after the company disclosed that it bought around $1 billion of Bitcoin in the second week of April.  Strategy disclosed...Continue Reading

Polymarket’s potential $15 billion valuation would still put it below the $22 billion valuation of competitor platform Kalshi in its latest funding round. Prediction market platform Polymarket is reportedly in talks with investors to raise another $400 million in fresh capital, The Information reported Monday. The $400 million raise would be made at a $15...Continue Reading