Key points: Bitcoin soared above $76,000, opening the doors for a further rally toward $84,000. Several major altcoins are showing strength, signaling broad-based buying by the bulls. Bitcoin (BTC) skyrocketed above the $76,000 resistance on Friday after Iran’s foreign minister said that the Strait of Hormuz will remain open for the remainder of the ceasefire between the US, Israel and Iran. Another positive sign for the bulls is that BTC’s rise has been supported by solid accumulation by the whales. According to CryptoQuant data, BTC whales holding more than 1,000…
Month: April 2026
Singapore Gulf Bank Adds Fiat-to-Stablecoin Conversion Feature
Singapore Gulf Bank (SGB) has introduced a service that lets institutional clients mint and redeem stablecoins directly from their bank accounts, using the Solana layer-1 blockchain network to enable round-the-clock settlement between fiat and digital assets. The service will initially support Circle USDC (USDC) transactions above $100,000 and includes temporary fee waivers for minting and redemption on the Solana network, according to SGB’s announcement. Additional assets such as Tether’s USDT (USDT), Ethena’s USDe (USDe) and Global Dollar (USDG) are expected to follow, the company said. The new feature is integrated…
French Finance Minister Backs Euro-Pegged Stablecoins in Response to US
Roland Lescure, France’s finance minister, backed an initiative by European banks to launch a euro-pegged stablecoin in 2026 to compete with US dollar-backed tokens, which currently dominate the market. According to a Friday Reuters report, Lescure supported the euro-pegged Qivalis stablecoin plan launched in September 2025 by EU banks, including Dutch lender ING and Italy’s UniCredit. The goal of the banks was to create a stablecoin in compliance with the EU’s Markets in Crypto Assets (MiCA) regulatory framework; the MiCA-compliant euro stablecoin is expected to be launched in the second…
13 Years Of Data Says Bitcoin Price Has Not Bottomed Yet, Analyst Explains The Trend
Bitcoin is now printing green candlesticks on the weekly and daily timeframes, and this raises the question of whether the worst has already passed or maybe the floor is still months away. An interesting analysis of Bitcoin’s price action over a multi-year time span pushes back against the growing optimism, pointing to a pattern that has held for more than a decade and suggesting that time, not just price, may still be working against a confirmed bottom. Every Bitcoin Bear Market Has Taken Over A Year To Bottom Going back…
Bitcoin pierces $77,000 as leverage builds above and below spot
BTC has broken $77K with 3.45% daily gains, but Coinglass shows $2.221B of longs below $73,610 and $913M of shorts above $81,264, turning the range into a leverage trap. Summary Bitcoin has broken through $77,000 on Gate, with BTC/USDT last changing hands around $77,019 and up 3.45% over the past 24 hours. The move comes as Coinglass data show roughly $2.221 billion in BTC longs sitting below $73,610 and $913 million of shorts above $81,264, turning the $70,000–$80,000 band into a heavily levered zone. Traders now face a market where…
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Massive Bitcoin News You May Have Missed (Iran & Morgan Stanley)
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Bitwise Research Shows How Much Loss Your Bitcoin Incurs Depending On How Long You Hold
Bitwise Research has shed light on how holding durations can impact the ROI and outcomes of Bitcoin (BTC) investments, revealing a major distinction between short-term risk and long-term performance. The data shows that while short holding periods carry significant chances of loss, extended investment timeframes dramatically reduce downside risks. The findings are drawing significant attention in the crypto community as investors reassess their strategy in the ongoing bear market. Why Holding Bitcoin For Long Carries Less Risk New research compiled by Bitwise and shared by crypto analyst Bitcoin Archive indicates…
ETH Rangers Expose North Korea Workers Infiltrating Crypto Firms
The Ethereum Foundation disclosed on Thursday that its six-month ETH Rangers Program – operated in conjunction with the Ketman Project and the Security Alliance (SEAL) – detected approximately 100 IT workers linked to the Democratic People’s Republic of North Korea embedded across 53 crypto projects, while simultaneously recovering $5.8 million in funds and surfacing more than 785 vulnerabilities, with the findings published the same week the U.S. Justice Department announced that two American nationals had been sentenced to at least seven years in prison for helping DPRK operatives pose as…
BTCC Exchange Launches SpaceX Pre-IPO Perpetual Futures Trading and Celebrates with Tesla Cyberbeast Giveaway
April 17th, 2026 – Lodz, Poland BTCC, one of the world’s longest-running cryptocurrency exchanges, has announced the official launch of SPACEXUSDT perpetual futures, making SpaceX pre-IPO exposure available to retail traders globally on the BTCC platform. As one of the first exchanges in the market to list SpaceX perpetual futures, BTCC also delivers the deepest order book depth for SPACEXUSDT trading, which sets a new benchmark for price discovery in tokenized pre-IPO assets. SpaceX, founded by Elon Musk in 2002, is widely regarded as the world’s most transformative private aerospace…