Blockstream CEO Adam Back says Bitcoin is on the right trajectory to hit $1 million and maintains the quantum threat to Bitcoin is distant.Continue Reading

ZachXBT challenged MemeCore to justify its valuation and explain what he claimed is insider-held supply, as the onchain sleuth widened a probe after the RAVE token’s collapse. Onchain investigator ZachXBT publicly challenged MemeCore on Monday to justify the valuation and supply distribution of its M token, asking the project to explain its market cap and...Continue Reading

RAVE is trending inside a descending channel pattern, and is about to test the lower trendline target near $0.30 amid price manipulation concerns. RavenDAO’s RAVE token lost over 98% of its value over the weekend, and the hourly chart now warns of another massive drop in the coming days. Key takeaways: RAVE’s technicals puts the...Continue Reading

Bitmine bought 101,627 Ether last week, lifting holdings to 4,976,485 ETH, or about 4.12% of supply, as the company moves closer to its 5% target. Bitmine Immersion Technologies, the world’s largest public holder of Ether, increased its ETH treasury last week with another large purchase. The company acquired 101,627 ETH during the week of April...Continue Reading

The Japanese Securities Clearing Corporation will test using Japanese government bonds as digital collateral on the Canton network with Mizuho, Nomura and Digital Asset. Japan Securities Clearing Corporation (JSCC), part of Japan Exchange Group (JPX), said Monday it will launch a proof of concept with Mizuho Financial Group, Nomura Holdings and Digital Asset to test...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

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

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