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Investors seeking Bitcoin exposure may be running out of time to purchase below a six-figure price, as US Treasury buybacks may signal the next leg up for the world’s first cryptocurrency. This might be the “last chance” to buy Bitcoin (BTC) below the $100,000 mark, according to Arthur Hayes, co-founder of BitMEX and chief investment …
Continue reading “Bitcoin rally above $100K may follow US Treasury buybacks — Arthur Hayes”
The Ethereum Foundation, the nonprofit organization developing the Ethereum ecosystem, is shifting its focus to user experience and layer-1 scaling challenges following its recent leadership reshuffle. On April 21, the Ethereum Foundation co-executive director Tomasz Stańczak shared an X post detailing how the organization has changed since its change in leadership structures. Stańczak said the …
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Bitcoin (BTC) is eyeing new April highs as macro instability suddenly delivers a tailwind for BTC price performance. Bitcoin is on the way up, nearing $88,000, but few market participants are willing to trust the strength of snap price moves. A new macro week dawns in the shadow of the US trade war, with Federal …
Continue reading “US dollar goes 'no-bid' — 5 things to know in Bitcoin this week”
Japanese investment firm Metaplanet increased its Bitcoin holdings to more than $400 million after its latest purchase. Metaplanet acquired 330 Bitcoin (BTC) for $28.2 million at an average price of $85,605 per BTC, bringing its total holdings to 4,855 Bitcoin worth $414 million, according to an April 21 post from Simon Gerovich, the CEO of …
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Opinion by: Dominic Schwenter, chief operating officer of Lisk The US is in the middle of a crypto boom. Exchange-traded fund approvals have opened the door to institutional adoption, liquidity is increasing, and regulatory clarity is beginning to take shape under a more crypto-aligned administration. Filings from the Securities and Exchange Commission referencing blockchain hit …
Continue reading “Crypto adoption will be driven by high-growth markets, with or without the US”
Crypto, stocks and bonds: Are they the same? When you dive into investing, you’ll find three frequently utilized investment options: Crypto is the risky thrill-seeker’s choice, stocks offer a middle ground with growth potential, and bonds are for those who prefer a steadier, more predictable path. While both stocks and crypto offer growth potential, regulation …
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Synthetix founder Kain Warwick has threatened SNX stakers with “the stick” if they don’t take up a newly launched staking mechanism to help fix the protocol’s ongoing sUSD (SUSD) depeg. Warwick said in an April 21 post to X that it has now implemented a sUSD staking mechanism to address the depeg, but admitted it …
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Crypto exchange Bybit co-founder and CEO Ben Zhou says more than two-thirds of the digital assets stolen from the platform in February by North Korea’s Lazarus Group still remain traceable. In an executive summary on hacked Bybit funds posted on X on April 21, Ben Zhou said that of the total $1.4 billion hacked, 68.6% …
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OpenAI CEO Sam Altman says users sending “please” and “thank you” messages to ChatGPT is costing the company tens of millions of dollars. “Tens of millions of dollars well spent — you never know,” Altman said on April 16 after being asked to estimate the cost on X. Source: Sam Altman Altman’s response sparked discussion …
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The number of addresses holding more than a thousand Bitcoin has surged in April as whales continue to accumulate. More than 60 new wallets holding over 1,000 Bitcoin (BTC) have appeared since early March, a signal of increasing whale activity. The number of these whale wallets has increased from 2,037 in late February to hit …
Continue reading “Bitcoin whales, pundits continued to stack throughout April, data shows”
