Several crypto analysts still believe that there will be a final flush out that sends Bitcoin prices as low as $50,000 before the cryptocurrency is able to mount a measurable recovery. Bitcoin (BTC) trader and author Ivan Liljeqvist posted to X on Tuesday that Bitcoin is yet to have “the big flush.” “I don’t think we’ve had it yet, I don’t think $60,000 was the bottom,” he added. “Trend is still down.” Liljeqvist said the few bounces that Bitcoin has seen “are tiny” in comparison to its wider price trend,…
Author: boss
Bitcoin, Ether ETFs See Nearly $1 Billion in Weekly Inflows – Markets and Prices Bitcoin News
Key Takeaways Bitcoin ETFs gained $786 million and ether $187 million from April 6–10, led by Blackrock IBIT demand. IBIT and ETHA drove flows, while Grayscale GBTC outflows show uneven investor confidence. XRP added $11.75 million but solana lost $5.6 million, signaling selective inflows may continue for altcoin ETFs. Crypto ETFs Rebound With Strong Weekly Inflows The week began with force and it ended with conviction. After a choppy stretch, crypto ETFs delivered a decisive rebound between April 6 and April 10, with capital returning in size to both bitcoin…
Banks Criticize White House Report Favoring Stablecoin Yield
The American Bankers Association (ABA) has criticized a White House report that claimed banning stablecoin yields would only have a negligible impact on banks, arguing that the conclusion was reached by asking the “wrong question.” The White House’s Council of Economic Advisers claimed in a research paper on Wednesday, on the “Effects of Stablecoin Yield Prohibition on Bank Lending,” that under a baseline scenario, banning stablecoin yield may only increase bank lending by $2.1 billion, representing a marginal net increase of about 0.02%. ABA chief economist Sayee Srinivasan and vice…
Bitmine’s Ethereum Holdings Hits 4% Supply Milestone
As Ethereum (ETH) retests a crucial support zone, Bitmine, the second-largest crypto treasury, has announced its latest ETH purchase, which pushed the company’s holdings closer to its ultimate goal. Related Reading Bitmine Reaches Major 4% ETH Milestone On Monday, the largest Ethereum treasury in the world, Bitmine Immersion Technologies, revealed it had reached a major milestone after purchasing roughly $157 million of ETH in the past week. In its latest update, the company shared that it acquired 71,524 ETH over the past week, its highest pace of buys since the…
Solana (SOL) Knocks on $88, Bulls Aim for $100 Rally
Solana started a fresh increase above the $85 zone. SOL price is now consolidating near $87 and might aim for more gains above the $90 zone. SOL price started a fresh upward move above the $82 and $85 levels against the US Dollar. The price is now trading above $85 and the 100-hourly simple moving average. There was a break above a bearish trend line with resistance at $83.60 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could extend gains if it clears the…
Dutch State Lottery Takes Biggest Illegal Gambling Site to Court as Regulator Says €24M Fine Was Too Low – iGaming Bitcoin News
Key Takeaways: Nederlandse Loterij sued Qbet’s operators and directors at The Hague, targeting the offshore shell network behind the Netherlands’ largest illegal gambling site KSA chair said the record €24.8M fine should have exceeded €100M but Dutch law caps penalties at 10% of global turnover 53% of Dutch online gambling spend goes to unlicensed platforms, with crypto and anonymous payments cited as aggravating factors The operator filed suit against the operators and directors behind Qbet at the District Court of The Hague, with the first hearing taking place on April…
Dollar’s Shrinking Value Adds Fuel To XRP Bull Case: Finance Expert
XRP has lost 38% of its value over the past year. Bitcoin hasn’t done much better, sliding more than 16%. Yet a finance expert is telling investors those numbers miss the bigger picture. Cash Is Losing Ground Too John Vasquez, who goes by Coach JV on social media, says the real story isn’t short-term price drops — it’s what’s happening to the dollar. Data shows the purchasing power of the US dollar has fallen 28% over the past decade, dropping from 43.10 to 30.9 on the Consumer Price Index. Over…
Aave Labs Secures $25M Stablecoin Grant as DAO Formalizes Revenue Control Model – Bitcoin News
Key Takeaways: Aave DAO passed AIP 469 on April 12, 2026, granting Aave Labs $25M in stablecoins and 75,000 AAVE tokens. The “Aave Will Win” framework directs 100% of protocol and product revenue to the DAO treasury, ending prior disputes. Stani Kulechov targets $1T+ TVL via Aave V4, consumer apps, and RWA expansion under the newly approved structure. Aave Votes Yes on $25M Stablecoin and 75,000 AAVE Token Grant for Aave Labs The proposal, AIP 469, cleared with 522,780 AAVE tokens cast in favor, representing roughly 74.89% of participating votes.…
Former CFTC Chair to Focus on Crypto Advisory Work
Chris Giancarlo, the former chair of the US Commodity Futures Trading Commission, is stepping away from law to become a full-time adviser to cryptocurrency firms. Giancarlo, referred to as “Crypto Dad” while in office for his crypto advocacy, posted to X on Sunday that he was leaving the law firm Willkie Farr & Gallagher and retiring from law altogether as he makes the switch to advising crypto and fintech companies. “From here on, I’ll devote my time to advising founders & builders of FinTech & Digital Assets and their CEOs…
South Korea Orders Suspension, Fine for Crypto Exchange Coinone
South Korea’s third-largest cryptocurrency exchange, Coinone, is facing a fine and a partial business suspension over anti-money laundering lapses, according to multiple local media reports. South Korea’s Financial Intelligence Unit (FIU) under the Financial Services Commission accused Coinone of failing to comply with anti-money laundering obligations, including verifying user identities in about 70,000 cases, The Korea Times, Chosun and Yonhap News reported on Monday. The FIU also alleged Coinone facilitated more than 10,000 transactions with 16 foreign exchanges not registered with South Korean regulators, despite repeated warnings. Other accusations include…