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Bitcoin breaks downtrend with spike toward $92.6K, but who’s behind the price momentum?

admin18 hours ago07 mins

Bitcoin (BTC) price surged over the Easter weekend, jumping 9% and crossing the $91,000 threshold on April 22. This strong performance diverged sharply from the stock market’s lukewarm rebound and mirrored gold’s bullish behavior, which briefly touched a new all-time high of $3,500. While the BTC rally and its growing decoupling from equities are noteworthy,…

DeFi Development Corp adds $11.5M SOL, shares jump 12%

admin19 hours ago03 mins

DeFi Development Corporation, formerly known as Janover, is ramping up its Solana treasury strategy following a buyout led by Kraken executives. According to an April 22 announcement, the company added 88,164 Solana (SOL) to its treasury, worth $11.5 million and bringing its Solana stake to $34.4 million. On April 7, DeFi Development Corporation was acquired…

Institutional demand could push BTC past $200k in 2025 — Analysts

admin20 hours ago04 mins

Demand from financial institutions could push the price of Bitcoin (BTC) as high as $200,000 per coin in 2025, according to two research reports reviewed by Cointelegraph. Analysts from Standard Chartered and Intellectia AI said institutional Bitcoin demand from exchange-traded funds (ETFs) and traders seeking to hedge against macroeconomic risk could cause Bitcoin’s price to…

Tesla shorts up $11.5 billion for the year with positioning bearish

admin21 hours ago03 mins

(Reuters) -Tesla short sellers are up an estimated $11.5 billion for the year-to-date and positioning is bearish going into the electric vehicle maker’s quarterly results due after market close, according to the latest report from S3 Partners. Tesla shares have tumbled 40% so far this year and analysts are expecting a weak report as January-March…

Bitcoin-to-gold ratio risks 35% decline following Wall Street’s $13T wipeout

admin22 hours ago028 mins

Bitcoin’s (BTC) value relative to gold (XAU) may be poised for a steep 35% drop as it mirrors historical bear market signals and reacts to massive turbulence that has wiped out $13 trillion from the US stock market. Bitcoin’s breaks below key gold support As of April 22, the BTC/XAU ratio had closed below its…

MEXC Report Reveals That Airdrops Account for 35% of New User Registrations

admin22 hours ago05 mins

A new report from crypto exchange MEXC revealed that more than one-third (35%) of all new user registrations on the platform were driven by airdrop participation, surpassing other traditional user acquisition channels like referral programs, marketing campaigns, and organic signups. The evolution of user behaviour during airdrop campaigns Historically, airdrops were designed as a low-barrier…

Bitcoin traders turn to $93K yearly open as BTC price hits 6-week high

admin23 hours ago05 mins

Bitcoin (BTC) hit six-week highs on April 22 as US trade war tensions emboldened crypto bulls. BTC/USD 1-hour chart with 200SMA. Source: Cointelegraph/TradingView Bitcoin lines up resistance flips around $90,000 Data from Cointelegraph Markets Pro and TradingView showed BTC/USD above $91,000 after the Wall Street open — its highest since March 7. Bitcoin and gold…

‘It Just Ignited’: Pastor Says Revival Is Breaking Out in His California Church

admin24 hours ago06 mins

A California pastor said he’s personally witnessing revival unfold inside his church as people increasingly cling closer to the Lord — and it apparently all started after the preacher opened up about his struggles during a recent sermon. Shane Idleman of Westside Christian Fellowship in Leona Valley, California, told CBN News he believes a genuine spiritual…

Coinbase confirms it is ‘actively considering’ U.S. banking license

admin1 day ago03 mins

The crypto industry is undergoing significant regulatory changes, prompting industry giants like Coinbase to consider applying for banking licenses. U.S. crypto firms are increasingly exploring entry into traditional finance. On April 22, crypto.news reached out to Coinbase, which confirmed it is actively considering the possibility of obtaining a U.S. banking license. “This is something Coinbase…

Crypto crime goes industrial as gangs launch coins, launder billions — UN

admin1 day ago05 mins

Organized crime groups across Southeast Asia have scaled their operations by exploiting cryptocurrency and launching their own coins, exchanges and blockchain networks to launder billions of dollars, according to a new report from the United Nations Office on Drugs and Crime (UNODC). The report said criminal syndicates are no longer just using existing crypto infrastructure….