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The surge that pushed Bitcoin (BTC) up more than 2.4% to $88,000 today may be short-lived. Although it came suddenly and was not widely expected — especially with Easter Sunday and a long weekend — the surge caused a palpable shift in sentiment among crypto market participants.
Bitcoin (BTC) doubled down on its divergence from stocks at the April 21 Wall Street open as US trade war tensions escalated. BTC/USD 1-day chart.
Bernstein analysts on Monday identified five structural forces that could drive Bitcoin's (CRYPTO: BTC) trajectory in the coming months, based on rising institutional demand, regulatory developments and new U.S. government initiatives. The findings, according to Bernstein, lay out key inflection points now anchoring Bitcoin's position within global capital markets.
“Smart money” positioning and the Elliott Wave appear aligned. Both foresee rising prices over the next few months, with an ideal target of $166,000.
The Near Protocol token rose for five consecutive days, crossing a crucial resistance level as its active addresses and transactions increased. Near (NEAR) rose to a high of $2.30, up by 25% from its lowest point this month.
Strategy added 6,556 BTC at an average price of $84,785 in the week of April 14-20.
Stellar (XLM) is riding a bullish wave as the broader cryptocurrency market gains fresh momentum. Riding the coattails of Bitcoin's upward run, XLM has risen 7% in the last 24 hours, marking one of its most noteworthy swings in weeks.
TL;DR Bybit has managed to trace almost 70% of the $1.4 billion stolen in the February cyberattack, while 27.6% of the funds are no longer traceable and only 3.8% has been frozen.
We are never shy about holding ETH to account as crypto's second largest asset and the DeFi intuition gateway for traditional investors. But mainstream adoption requires a growth story, and so far this year ETH is (put kindly) failing to lead.
Crypto trading firm GSR led a $100 million private placement into Upexi (UPXI), a consumer-goods company pivoting to a digital asset-based treasury strategy.
Solana (SOL) is the best-performing token in the top 5 in terms of weekly gains as it has delivered a 4.4% positive return to investors during this period, aided by the rising popularity of a handful of meme coins.
The company has purchased Bitcoin consistently since mid-March, despite uncertainty weighing on markets.
CryptoQuant's analysis stated that Bitcoin's Realized Cap record is a sign of ongoing accumulation and strong network confidence.
Bitcoin and most altcoins rose on Monday, continuing a trajectory that started late last week. Bitcoin (BTC) rose to $87,500, while tokens like Kaspa (KAS), Fartcoin (FARTCOIN), Solana (SOL), and Shiba Inu (SHIB) jumped by double digits.
Shiba Inu (SHIB) holders have something to cheer about as the meme coin is exhibiting bullish potential, as it has registered an uptick in the past 24 hours. This development has helped SHIB flip two other assets to claim 16th place in terms of ranking by market capitalization.
SOL's buying pressure has slowed down over the past four days.
Opinion by: Amitej Gajjala, co-founder and CEO of KernelDAO Bitcoin is the principal asset of the cryptocurrency world and even one of the world's top 10 most valuable assets, recognized for its role as a store of value. Yet a huge percentage of the Bitcoin (BTC) supply remains dormant for years, meaning the crypto market only works with a fraction of the circulating supply each year.
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 looking good now.” PlanB responded with a new posting stating, “Ethereum is really not looking good now.
The White House has confirmed Trump is exploring whether he can fire Federal Reserve chair Jerome Powell—something that could trigger an “apocalyptic scenario" for markets
XRP is trading at $2.12 to $2.13 with a market capitalization of $123.66 billion and a 24-hour volume of $2.06 billion, bouncing between $2.05 and $2.14 in a tight range that hints at brewing volatility. XRP XRP's short-term technical setup on the 1-hour chart exhibits a bullish trend, having steadily climbed from $2.03 to $2.
Altcoins have risen above the moving average lines this week, indicating bullish moves. This is a sign that cryptocurrencies will continue to rise.
Bitcoin's breakout above $88K looks strong, but analysts warn the falling wedge may not be bullish. Here's the bearish target institutions may be eyeing. The post Bitcoin's ‘Falling Wedge' Pattern Might Not Be Bullish — Here's the Price Target Bears Are Eyeing appeared first on Cryptonews.
Donald Trump's re-election in November 2024 proved to be an impressive bullish catalyst for the cryptocurrency market, as it swiftly led to a rally for many digital assets. This rally generated 11,000 new Bitcoin (BTC) millionaires and enabled BTC to reach above $100,000, eventually hitting its intraday all-time high (ATH) of over $109,000.
Last week Jesse Pollak started creating ‘content coins' on Base social media platform Zora. Now it's launching a token amid some raised eyebrows.
