Day: April 13, 2026

ECB Backs ESMA-Led Crypto Supervision in Potential EU Oversight Shift

The European Central Bank (ECB) has formally endorsed a proposal to transfer direct supervisory authority over systemically important cryptocurrency firms to the European Securities and Markets Authority (ESMA), positioning the Paris-based regulator as the bloc’s primary crypto overseer in a move that would materially reshape the regulatory architecture established under the Markets in Crypto-Assets (MiCA) framework. The ECB’s backing, which emerged in the context of the European Commission’s February 2026 Capital Markets Union legislative package – catalogued under COM/2025/941, 942, and 943 – escalates a years-long drive toward consolidated financial…

TRUMP Buying Frenzy Builds Ahead Of Mar-A-Lago Power Event

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Over 97% of the TRUMP memecoin’s total supply is held by just the top 100 wallets — a concentration so extreme that even aggressive buying by large holders can be easily offset by insider selling. RR Whales Move Fast Before April Deadline Multiple large holders have been pulling significant amounts of the token off crypto exchanges in recent days, all ahead of a private luncheon scheduled for April 25 at US President Donald Trump’s Mar-a-Lago estate in Florida. According to blockchain analytics firm Lookonchain, one wallet withdrew roughly 105,754 TRUMP…

RAVE Token Rockets Past $9, Weekly Gains Top 3,400% – Markets and Prices Bitcoin News

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Key Takeaways: RAVE surged 245% on April 13, pushing its total monthly gains past 3,600% and market cap to $2.4 billion. Coinglass data shows $31.1 million in short liquidations, highlighting a massive squeeze on Binance. RaveDAO faces scrutiny over its 1 billion token supply as analysts warn of potential insider manipulation. Exchange Listings and Market Sentiment The utility token of RaveDAO, a Web3-native entertainment collective built on the Ethereum blockchain, surged past $9 on April 13, marking a staggering 245% gain in just 24 hours. The latest rally has pushed…

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Bitcoin Surfs $70,000 as Markets Weather New Hormuz Oil Route Blockade

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Bitcoin (BTC) starts the third week of April on a knife edge as the US-Iran war makes a comeback. A breakdown in US-Iran negotiations sends oil surging above $100 per barrel, with the Strait of Hormuz now blockaded. US PPI inflation data is due amid signs that the oil crisis is far from the only driver of price increases. Bitcoin manages a weekly close above $70,000, but a trader says new lows remain on the roadmap. Profit taking is what keeps Bitcoin unable to hold the $70,000 mark for long,…

Researcher suggests AI may decentralize just as Bitcoin mining turns industrial

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Bitcoin and artificial intelligence appear to be moving in opposite directions regarding how their power is distributed. Summary Bitcoin mining is increasingly shifting toward industrial-scale operations while AI development begins to move toward smaller and more personal device applications. The edge AI market is projected to reach 119 billion dollars by 2033 as localized data processing and privacy needs drive a 300 percent growth rate. High energy costs in the United States are pushing Bitcoin hash rates toward the Global South, with Ethiopia and Paraguay emerging as major hubs for…

Polkadot Price Dips 6% Following 1 Billion Token Minting Breach on Ethereum – Services Bitcoin News

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Key Takeaways: A hacker used a replay flaw to mint 1 billion fake Polkadot tokens via the Hyperbridge gateway. The price of DOT dropped 6% to $1.16 before recovering, while the hacker netted $237,000 in ether. Hyperbridge developers are now expected to deploy patches to secure administrative smart contract functions. Liquidity Bottleneck Limits Losses On April 13, blockchain security firm Certik alerted the cryptocurrency community to an exploit involving the Hyperbridge gateway, where a malicious actor minted 1 billion unauthorized Polkadot tokens on the Ethereum network. Following the incident, the…

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Bitcoin Bulls Must Hold This Level Or Price Could Crash To $65,000 Again

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Over the last week, the Bitcoin bulls looked to have taken control of the price, eventually pushing it back above $73,000 again. There has been a slowdown since then, with bears trying to retest the $70,000 level over the weekend. For now, the bulls are still open, but there is still the possibility that the price will crash again. To that end, the Bitcoin price has an important support level to hold if the bulls are actually going to sustain the uptrend. The Magic Point For Bitcoin Lies At $70,500…