Day: April 28, 2025

Bitcoin is America’s new gold under Trump

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Howard Lutnick, U.S. Secretary of Commerce, made it clear in a recent interview that Bitcoin has a powerful future in America — and the federal government is now fully behind it.  “What is Bitcoin like? It’s like gold, right?” Lutnick said in an interview with Bitcoin Magazine. “It was treated under the Biden administration like you were doing something wrong. Now you have that sort of in the rearview mirror, and it’ll never come back.” Lutnick, a longtime Bitcoin (BTC) supporter, discussed his personal journey with the cryptocurrency, which began…

Bitcoin Price (BTC) Retakes $95K Level After Early U.S. Decline

Bitcoin (BTC) fell early in the U.S. trading session, but mostly held firm as poor macroeconomic news rolled in. The top cryptocurrency late in the day was trading just below $95,000, up 0.5% over the past 24 hours. The CoinDesk 20 — an index of the top 20 largest cryptocurrencies by market capitalization excluding memecoins, exchange coins and stablecoins — was roughly flat over the same time frame. Crypto stocks like Coinbase (COIN), Strategy (MSTR) and the miners were losing modest ground after big gains last week. Notable exceptions included…

Ethereum Shows 4H Bearish Divergence – Can Bulls Hold $1,750?

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Ethereum is now facing a critical test as it trades within a tight range, sitting below the $1,850 resistance and above the $1,750 support. After a strong recovery from the $1,400 level earlier this month, bulls have managed to stabilize price action, but the real challenge is now unfolding. To confirm a sustainable bullish structure, Ethereum must decisively reclaim the $2,000 level in the coming days. Market sentiment remains cautious as Ethereum consolidates below resistance while macroeconomic uncertainty continues to weigh on risk assets. Top crypto analyst Big Cheds shared…

Lombard, Eigenlayer Partner to Bring Bitcoin Restaking to Ethereum Ecosystem

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Lombard has partnered with Eigenlayer and the Eigen Foundation to integrate bitcoin into Eigenlayer’s restaking ecosystem. This marks the first time bitcoin (via Lombard’s LBTC) will be used as collateral for decentralized services on Ethereum. Lombard’s LBTC Integrates With Eigenlayer, Unlocking New Bitcoin Utility The collaboration enables bitcoin (BTC) holders to restake LBTC, earning yield […] Original

Bitcoin and Ether ETFs Shine With Back-to-Back Inflows

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Bitcoin ETFs continued their bullish momentum on Friday, with an additional $380 million in inflows. Ether ETFs also performed strongly, attracting $104 million, marking their best daily performance in months. Bitcoin ETFs Add $380 Million As Ether ETFs Record Biggest Daily Inflow Since February Crypto investors showed no signs of slowing down as bitcoin and […] Original

Crypto Analyst Reveals XRP Price Crash In The Short-Term, Here’s The Target

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. XRP’s price outlook has taken an unexpected twist as one of its most ardent supporters, EGRAG CRYPTO, issued a short-term bearish prediction. Known across the crypto community for his…

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…

Loopscale hacker in talks to return stolen crypto

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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…