Crypto Vesting – Page 19 – Just another WordPress site

Bitcoin price consolidation likely as US Core PCE, manufacturing, and jobs reports print this week

Key takeaways:

A week full of US macroeconomic reports could impact Bitcoin traders’ sentiment.

Bitcoin’s rally could stall if there’s a sharp reduction in spot buy volumes.

If PCE, the ISM PMI, and jobs data align with market expectations, BTC could rally.

Bitcoin (BTC) price could face a period of range-bound trading after managing a 10.37% rally over the past 7 days. Robust spot purchasing demand from Strategy, the spot BTC ETFs, and announcements from 21Shares and Coinbase played a role in Bitcoin’s rally to $95,700. With the exception of the April 28 announcement of a $1.42 billion BTC purchase from Strategy, a quiet week on the crypto news front could translate to a reduction in spot demand and lower support tests from Bitcoin price.

This week is also event-filled on the macroeconomic data reporting side. On April 29, the

Gold-backed cryptocurrencies spike amid global trade uncertainty

Gold-backed cryptocurrencies have spiked in value amid the global trade war unleashed by US President Donald Trump’s April 2 tariffs.

Tether Gold (XAUT) and Paxos Gold (PAXG) reached all-time highs on April 22, with Tether Gold touching $3,529 and Paxos Gold recording a peak of $3,520, according to data from CoinMarketCap. Two other gold-backed cryptocurrencies — Quorium (QGOLD) and Kinesis Gold (KAU) — have seen rises of 8.5% and 7.6%, respectively, in the past 30 days. All four tokens are up 40% or more in the past 12 months, CoinGecko data shows.

According to a report by Tether, the increased demand for XAUT

US senators press for answers on Trump's crypto interests

Massachusetts Senator Elizabeth Warren has called on government officials to address questions related to US President Donald Trump’s memecoin and his media company.

In an April 25 letter to Jamieson Greer, acting director of the US Office of Government Ethics (OGE), Warren, a Democrat from Massachusetts and California Democratic Senator Adam Schiff requested that officials address concerns about Trump’s memecoin after the president announced a dinner and White House tour for some of the individuals who held the most TRUMP tokens. The two senators requested that Greer provide information on safeguards and guidelines related to whether foreign actors and others could buy political influence with the president, potentially impacting his policy positions and federal pardons.

“President Trump’s announcement promises exclusive access to the presidency in exchange for significant investment in one of the President’s business ventures,” wrote the two senators.

“In promising such access, this proposition may

Bitcoin price pullback to $91K possible, but onchain data highlights ‘healthy’ market fundamentals

Key Takeaways:

Bitcoin’s year-over-year return and realized price metric signal strong long-term support from holders and suggest that BTC is currently undervalued.

Standard Chartered estimates a Bitcoin price target in the $110,000–$120,000 zone by Q2 2025.

Positive funding rates point to a potential long squeeze to $90,500.

Bitcoin’s (BTC) weekly close near $94,000 delivered an impressive year-over-year total return of 53.61%. Since the last halving in 2024, the market has shifted from the early 2024 euphoric phase to a “mature bull trend” based on onchain growth, rather than speculative frenzy.

Bitcoin fundamentals triumph over fear and speculation

Bitcoin researcher Axel Adler Jr. pointed out that the year-on-year (YoY) realized price, a measure of the average price at which BTC was last moved, has surged 61.82%, outperforming the YoY market value to realized value’s (MVRV) decline of 8.98%. This indicates long-term

Price predictions 4/28: SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, ADA, SUI

Key points:

Bitcoin continues to face resistance at $95,000, but the possibility of an upside breakout remains high.

Solid spot Bitcoin ETF inflows do not always signal a short-term top.

Select altcoins are showing early signs of a short-term trend change.

Bitcoin (BTC) pierced the $95,000 resistance on April 28, but the bulls are struggling to sustain the higher levels. This suggests that the bears have not given up and are trying to defend the level. A minor positive in favor of the bulls is that they have not ceded much ground to the bears. That improves the prospects of a move toward $100,000.

Another positive is that institutional demand seems to be back, as seen from the solid $3.06 billion in net inflows into US spot Bitcoin exchange-traded funds last week. Although some instances of high spot Bitcoin ETF inflows have led to short-term price tops, <a data-ct-non-breakable="null" href="https://cointelegraph.com/news/bitcoin-upside-stop-100k-despite-etf-3b-inflows"

Global central bank gold rush could spark Bitcoin price run to new all-time highs

Key takeaways:

US Treasury funds saw $19 billion inflows, the highest since March 2023, as the 30-year yield fell 30 basis points.

Foreign central banks cut US Treasury holdings to 23%, a 22-year low, as gold reserves hit 18%.

Bitcoin soared in 2020 from $9,000 to $60,000 amid similar trends, hinting at a similar outcome in 2025.

The global financial tides are shifting significantly, and Bitcoin (BTC) price could greatly benefit from it. Recent data indicates that US Treasury funds saw $19 billion in net inflows last week, exceeding the 2020 pandemic peak of $14 billion, with the 4-week moving average rising to $7 billion—the highest since March 2023.

US Treasurys inflow chart. Source: X.com

The 30-year US Treasury yield fell by 30 basis points from its April peak, indicating a rise in bond prices as investors are willing to accept lower returns in exchange for the safety of

Loopscale hacker in talks to return stolen crypto

The hacker behind the $5.8 million recent Loopscale exploit is in talks to return the stolen funds in exchange for a bounty, the Solana-based protocol said.

The exploiter pilfered approximately 5.7 million USDC (USDC) and 1,200 Solana (SOL) tokens from two of Loopscale’s yield vaults on April 26, prompting the decentralized finance protocol to temporarily pause its lending markets.

The following day, the hacker sent a message on the Etherscan blockchain scanner “indicat[ing] a willingness to return the exploited funds in exchange for a bounty,” Loopscale said in an April 27 X post.

“We are agreeable to collaborating with you to reach a white hat agreement. However, we would like to negotiate the bounty percentage; our expectation is 20%,” the hacker said. “To demonstrate our commitment to a cooperative approach, we will immediately return

Bitcoin price cools off amid worrying macroeconomic data — Will $95K hold this week?

Key Takeaways:

Bitcoin price dropped alongside falling Treasury yields, signaling investors’ flight to safer assets.

Strategy’s $4.28B Bitcoin purchases and stock market strength have supported BTC above $90,000.

A true breakout toward $100,000 will require Bitcoin to decouple from equities and stronger liquidity signals.

Bitcoin (BTC) experienced a sharp $2,000 correction to $93,500 on April 28. This price movement closely tracked the decline in US Treasury yields, suggesting that traders were seeking the relative safety of more secure assets.

While Bitcoin traders are moderately satisfied with the 6% gains achieved over the past week, there is ongoing uncertainty as to why BTC has been unable to maintain levels above $95,000.

US 5-year Treasury yield (left) vs Bitcoin/USD, 15 min. Source: TradingView / Cointelegraph

The abrupt correction in Bitcoin’s price after reaching $95,500 mirrored the intraday performance of US Treasury yields. A decrease in yields indicates that investors are willing to accept lower

Polymarket bets on Mark Carney win as Canadians head to the polls

Crypto users betting on the outcome of the snap election to determine the next Prime Minister of Canada appear to be favoring a Liberal Party victory as residents head to cast their votes.

As of April 28, cryptocurrency betting platform Polymarket gave current Canadian Prime Minister and Liberal Party candidate Mark Carney a 79% chance of defeating Conservative Party candidate Pierre Poilievre in the race for the country’s next PM. Data from the platform showed users had poured more than $75 million into bets surrounding the race, predicting a Poilievre or Carney victory.

Polymarket chances favor the Liberal Party’s Mark Carney over the Conservative Party’s Pierre Poilievre to be the next Canadian Prime Minister. Source: Polymarket

The odds suggested by the platform, as well as those from many polls, show a nearly complete reversal of fortunes between the two candidates after former

BNB Chain price among ‘most resilient’ altcoins of the bull market — Here’s why

What to know:

Altcoins have lagged Bitcoin year-to-date, but BNB price shows relative resilience, trading only 10% lower than the previous cycle’s all-time high.

BNB Chain shows a robust activity, consistently ranking third in daily transactions, active addresses, and TVL, while leading in the number of DApps.

The blockchain’s weakest point is its revenue, which still lags compared to competitors.

Altcoin price action has been underwhelming for much of the 2023-2026 cycle, pushing many crypto traders to focus primarily on Bitcoin. However, with moderate optimism returning to the markets, a closer look reveals that not all altcoins are struggling. In fact, the total altcoin market cap remains solidly above $1 trillion — $1.17 trillion, to be exact — and its 9% surge over the past week offers a glimmer of hope.

Among the major altcoins, BNB Chain (BNB) stands out for its relative strength and stability. Currently ranked as the