Day: April 23, 2025

Bitcoin Regains $90K With Funding Rates Indicating Momentum Toward $93K

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Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more…

Bitcoin Reclaims $94,000, Rising 6.2% in 24 Hours

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Bitcoin ( BTC) has reclaimed the $94,000 price level, rising 6.2% in the last 24 hours and 12.9% over the past week. This increase reflects a positive shift in market sentiment as the top cryptocurrency continues to attract attention from investors as digital gold. The recent price movement underscores bitcoin’s appeal amid fluctuations in other […] Original

Here’s Why Bitcoin, Altcoins Are Rallying: Does Bull Run Start?

Key Notes Bitcoin broke the $94,000 barrier for the first time in six weeks. The global crypto market cap is nearing the $3 trillion zone. Spot BTC ETFs recorded their seventh-highest net inflows. Bitcoin BTC$93 97224h volatility:6.2%Market cap:$1.87 TVol. 24h:$57.44 Band the broader altcoin market started to see increased gains on Tuesday, April 22, as both fundamental indicators and macro conditions turned in favor of financial markets. Bitcoin rose by 6.5% to a six-week high of $94,000. Its market dominance reached 63.4% — market cap sitting at $1.85 trillion —…

XRP Price Targets $2.7 amid Massive Breakout Attempt, What’s Next?

Key Notes XRP has recorded a 7% uptick in its price as trading volume doubled in the past day. The token could soon start a Wave 5 breakout in the Elliott Wave cycle, signaling a strong bullish continuation. A move above $2.40 could lead XRP to $2.70, says Ali Martinez. XRP XRP $2.25 24h volatility: 7.5% Market cap: $131.48 B Vol. 24h: $5.07 B is currently trading around $2.22, marking a 7% rise in the past 24 hours. The cryptocurrency’s 24-hour trading volume has also doubled, reaching $4.77 billion —…

Bitcoin to hit $200K due to U.S. Treasury buybacks

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Arthur Hayes, co-founder of BitMEX, believes upcoming U.S. Treasury bond buybacks could inject major liquidity into markets and send Bitcoin to $110,000, or even as high as $200,000. In an Apr. 23 Substack article, Hayes pointed to the Treasury’s plan to issue new debt to repurchase older, less liquid bonds, commonly called off-the-run Treasuries. These bonds don’t trade as frequently, so buying them back could help smooth out the bond market while offering arbitrage opportunities for institutional investors. Hayes points out that Treasury Secretary Scott Bessent will probably rely more…

Bitcoin Rockets To Monthly Highs As Open Interest Explodes By Over $3 Billion

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They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer…

Bitcoin, Ether, Dogecoin Surge Spurs $500M in Short Liquidations

Futures bets against higher crypto prices lost over $500 million in the past 24 hours as a surge higher, buoyed by a possible cooldown of China tariffs by the U.S., led to the largest short liquidations since October. Bitcoin (BTC) rose from Tuesday’s low of $88,000 to above $93,500 in Asian morning hours, data shows, leading a jump in the broader market with ether (ETH), Cardano’s ADA and dogecoin (DOGE) up 14%. Solana’s SOL and XRP rose 7%, with all tokens in the top hundred by market cap in the…

Crypto market liquidations exceed $600M, Bitcoin crosses $93K

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For the first time in seven weeks, Bitcoin has surpassed $93,000, triggering a sentiment shift that resulted in more than $600 million in crypto market liquidations.  As of press time, Bitcoin (BTC) is trading at $93,069, up 5% in the last 24 hours. Ethereum (ETH) has jumped 12% to $1,768 while Solana (SOL) is up 7% at $149. The cryptocurrency market’s overall market capitalization has increased by 4% to just over $3 trillion. According to Coinglass data, $602 million was liquidated from the cryptocurrency market in the last 24 hours,…

Ethereum bounces back as market dominance recovers from all-time low

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Ethereum’s price has surged after having been in the doldrums for weeks, helping boost its market share after it hit record lows. Ether (ETH) has surged almost 15% over the past 24 hours, topping $1,800 on April 23. It has outperformed Bitcoin, which notched a 6% gain, and the wider crypto market, which has climbed almost 5% to reclaim a total market value of $3 trillion.  Ether has now managed to recover almost 30% since its April 9 crash to $1,400, leading some analysts to suggest that the worst may…

XRP Gains Ground in Weekly Crypto Inflows as Ethereum Continues Downtrend

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Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more…