After consecutive drawdowns of 17.39% and 2.3% in February and March, Bitcoin’s (BTC) Q2 is shaping up nicely, with a return of 3.77% in April. While fresh yearly lows were formed at $74,500, BTC is currently closer to $90,000 than its new range bottom. Bitcoin 1-day chart. Source: Cointelegraph/TradingView Bitcoin’s higher time frame (HTF) market […]
Bitcoin miner Bitdeer is reportedly expanding its self-mining operations and investing in United States-based production as looming trade wars rock global supply chains and cryptocurrency markets. Bitdeer has begun prioritizing mining Bitcoin (BTC) itself in response to cooling demand for its mining hardware from other miners, Bloomberg reported on April 15. “Our plan going forward […]
XRP trades at $2.14 with a market capitalization of $124 billion, a 24-hour trading volume of $2.47 billion, and a price range between $2.103 and $2.185, reflecting short-term consolidation as it positions for a potential breakout. XRP The one-hour chart for XRP reveals range-bound behavior, with the price oscillating between $2.13 and $2.18. Despite multiple […]
Synthetic stablecoin developer Ethena Labs is winding down its German operations less than a month after regulators identified “deficiencies” in its dollar-pegged USDe (USDE) stablecoin, signaling heightened scrutiny around crypto assets in Europe’s largest economy. Ethena Labs reached an agreement with Germany’s Federal Financial Supervisory Authority, also known as BaFin, to cease all operations of […]
Synthetic stablecoin developer Ethena Labs is winding down its German operations less than a month after regulators identified “deficiencies” in its dollar-pegged USDe (USDE) stablecoin, signaling heightened scrutiny around crypto assets in Europe’s largest economy. Ethena Labs reached an agreement with Germany’s Federal Financial Supervisory Authority, also known as BaFin, to cease all operations of […]
The leading cryptocurrency rallied to $86K on Tuesday morning before easing below $85K later in the day, as fears of a U.S. recession by year-end intensified. BTC Marches Toward $86K Before Retreating Bitcoin ( BTC) surged past $86K on Tuesday morning even as 46 economists polled by global consulting firm Wolters Kluwer projected a 47% […]
On Tuesday, shortly before 10 a.m., Zksync revealed a breached administrative account had commandeered $5 million in ZK tokens. The cryptocurrency nosedived 13% against the U.S. dollar to $0.04151 in the wake of the announcement, erasing gains with algorithmic swiftness. From Airdrop to Heist: $5M Worth of ZK Vanished Matter Labs’ Zksync—an Ethereum layer two […]
Opinion by: Blake Cassidy, CEO of Bamboo Crypto podcasts have been newcomers’ go-to source of information, helping bring crypto into the mainstream. Podcasters must remember, however, that fresh faces are constantly tuning in as they grow. While you may say, “FOMO, buy the dip, ignore the FUD because WAGMI,” your poor listener — tuning in […]
Opinion by: Blake Cassidy, CEO of Bamboo Crypto podcasts have been newcomers’ go-to source of information, helping bring crypto into the mainstream. Podcasters must remember, however, that fresh faces are constantly tuning in as they grow. While you may say, “FOMO, buy the dip, ignore the FUD because WAGMI,” your poor listener — tuning in […]
Bitcoin (BTC) eyed new April highs at the April 15 Wall Street open amid skepticism over BTC price strength. BTC/USD 1-hour chart. Source: Cointelegraph/TradingView Bitcoin price faces multiple resistance hurdles Data from Cointelegraph Markets Pro and TradingView showed BTC/USD seeking to break through $86,000. Continued strength through the weekend had set up the pair for […]
Bitcoin ETFs finally reversed course on Monday with a modest $1.4 million inflow, breaking a week-long outflow streak. Ether ETFs, however, extended their losing trend with a $5.98 million exit led by withdrawals from Fidelity’s FETH. Bitcoin ETFs Edge Back Into Positive Territory While Ether ETFs Log Another $6 Million Exit After 7 consecutive days […]
The recent collapse of the Mantra (OM) token triggered comparisons to the infamous Terra ecosystem crash in May 2022, with some commentators referring to Mantra as the “next Terra.” Still, many in the community argue that the two projects share nothing in common besides visual similarities in price charts. “While it’s tempting to draw parallels […]
