Month: April 2025

Bitcoin Spot Volume Nearly Triples As BTC Breaks $91,000

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On-chain data shows the Bitcoin spot market hasn’t been left behind during the latest price rally as its volume has registered a large increase. Both Bitcoin Open Interest & Spot Volume Have Shot Up In a new post on X, the on-chain analytics firm Glassnode has discussed about the latest trend in the Bitcoin Open Interest. The “Open Interest” refers to an indicator that keeps track of the total amount of derivatives positions related to BTC that are currently open on all exchanges. It would appear that the recent push…

Bitcoin ETFs log $912M inflows in ‘dramatic’ investor sentiment boost

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Investments in Bitcoin exchange-traded funds (ETFs) have rebounded to levels last seen in January, signaling a recovery in investor sentiment from concerns around global trade tariff escalations. US spot Bitcoin (BTC) ETFs had over $912 million worth of cumulative net inflows on April 22, marking their highest daily investment in more than three months since Jan. 21, Farside Investors data shows. Bitcoin ETF Flow, millions. Source: Farside Investors “Bitcoin ETPs just saw the largest daily inflows since 21st January in a dramatic improvement in sentiment,” according to James Butterfill, head…

Crypto drainers now sold as easy-to-use malware at IT industry fairs

Crypto drainers — malware designed to steal cryptocurrency — have become easier to access as the ecosystem evolves into a software-as-a-service (SaaS) business model. In an April 22 report, crypto forensics and compliance firm AMLBot revealed that many drainer operations have transitioned to a SaaS model known as drainer-as-a-service (DaaS). The report revealed that malware spreaders can rent a drainer for as little as 100 to 300 USDt (USDT). Crypto drainers report image. Source: AMLBot AMLBot CEO Slava Demchuk told Cryptox that “previously, entering the world of cryptocurrency scams required…

Bitcoin exchange buying is back as ‘Spoofy the Whale’ lifts $90K asks

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Key points: Whales on Binance joins Coinbase in adding BTC exposure as Bitcoin recovers above $90,000. The Coinbase premium is back in the green amid a broad risk-asset relief rally. Resistance attributed to an entity dubbed “Spoofy the Whale” at $90,000 disappears. Bitcoin (BTC) has fresh whale buying pressure across major exchanges as large-volume investors boost BTC price gains. New data from onchain analytics platform CryptoQuant reports both Binance and Coinbase whales “pushing the market up.” Coinbase BTC premium hits highest since February Bitcoin whales are wasting no time adding…

Bitcoin futures saw the largest liquidity increase in the past year with $5.34b in positions

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CryptoQuant analyst Axel Adler Jr noted that the Bitcoin futures market saw a total of 57,000 BTC positions in the past three days, around the same time BTC surpassed the $93k threshold. In a recent post, CryptoQuant analyst Axel Adler Jr. said that traders have opened BTC (BTC) positions amounting to 57,000 BTC in the past three days. At current market prices, the accumulated amount of BTC positions is worth $5.34 billion. “This is the largest liquidity increase in the past year,” said Adler. According to data from CoinGlass, in…

Binance tightens South African compliance rules for crypto transfers

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Binance is set to implement new compliance measures for South African users, requiring sender and receiver information for all crypto deposits and withdrawals. In an announcement on April 23, the largest exchange in terms of daily trading volume of cryptocurrencies said the move comes in response to local regulatory demands. Starting April 30, Binance users in South Africa will be prompted to provide additional information when transferring crypto. For deposits, users must disclose the sender’s full name, country of residence, and, if applicable, the name of the originating crypto exchange.…

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 —…