Bitcoin price started a fresh decline from the $78,400 zone. BTC is consolidating and might struggle to stay above the $73,500 support. Bitcoin failed to stay above $76,500 and corrected gains. The price is trading below $75,500 and the 100 hourly simple moving average. There is a connecting bearish trend line forming with resistance at $75,600 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might extend losses if it stays below the $75,500 and $76,000 levels. Bitcoin Price Dips Again Bitcoin price failed to…
Category: Other Crypto News
Stablecoins Do Not Threaten Banking Just Yet: Analyst
The impact of stablecoins on the banking sector appears “limited” at the current phase of the adoption cycle, but banks could face increasing competition and an erosion of market share as the stablecoin sector and tokenized real-world assets (RWAs) grow in market capitalization. “So far, the use of stablecoins remains limited, but their market capitalization exceeded $300 billion at the end of last year,” Abhi Srivastava, associate vice president of Moody’s Investors Service Digital Economy Group, told Cointelegraph. The stablecoin market cap has surged past $300 billion. Source: RWA.xyz The…
Hodler’s Digest, April 12 – 18
Top Stories of the Week Russia introduces bill to criminalize unregistered crypto services Russia’s government submitted a bill to its parliament’s lower house to amend the country’s legal code and impose criminal liability on crypto services offered without regulatory approval or licensing. In a draft law sent to the State Duma on Friday, Russian lawmakers proposed that entities “carrying out activities related to the organization of digital currency circulation,” that operate without a license from Russia’s central bank, could be subject to criminal liability. Without registration with the Bank of…
Strategy Raises $1.76B War Chest As Saylor Signals Bigger Bitcoin Buy
They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer…
Current BTC Price Action Shows Dramatic Underperformance: Analyst
The current Bitcoin (BTC) market cycle is “dramatically” weaker than the three previous cycles, according to Alex Thorn, the head of firmwide research at investment firm Galaxy. Thorn compared price action since the April 2024 Bitcoin halving to cycles triggered in 2012, 2016 and 2020; the current cycle shows significantly dampened volatility and lower upside. The all-time high above $125,000 on Oct. 5, 2025 was only 97% above the 2024 halving price around $63,000. BTC’s price increased by about 9,294% during the 2012 halving cycle, reaching a high of about…
Ethereum Flips Important Resistance, ETF Demand Returns, Analysts Eye Next Leg Higher
Ethereum is flashing a combination of technical and on-chain signals that analysts say could be the beginning of a meaningful recovery. For the first time in months, the structure of Ethereum’s price action appears to be shifting in the favor of bulls. The latest price action has brought the ETH price back above $2,300, setting up a structure that says the next leg is about to start. Related Reading Technical Levels Reset, Analyst Flags Breakout Conditions Crypto analyst Ash Crypto drew attention to Ethereum’s price action this week, pointing to…
Kelp Exploit Spread ‘Contagion’ Throughout DeFi Ecosystem: Crypto Execs
The exploit of the Kelp liquid restaking protocol shows how non-isolated lending and integrations in decentralized finance (DeFi) can cause broader ecosystem contagion, according to crypto industry executives and blockchain security firms. Non-isolated lending on DeFi platforms, including earlier versions of the Aave lending protocol, exposes users to risks from all the various tokens used as collateral on the platforms, according to Michael Egorov, founder of the Curve Finance DeFi protocol. Kelp was the target of a cyber attack on Saturday, causing the platform to pause smart contracts for its…
Bitcoin Miner Pain Reaches Critical Threshold — Impact On Price
According to data from a recent on-chain evaluation, the Bitcoin mining sector is once again flashing warning signals, as a key industry health metric now hovers above historically critical levels. In this scenario, the Bitcoin price stands a chance to regain past grounds, but only if a specific pattern plays out. Bitcoin Miner Financial Stress Approaches Capitulation Levels Seen In Past Cycles On Saturday, April 18th, MorenoDV put out a Quicktake post on the CryptoQuant platform, revealing an ongoing dynamic shift among Bitcoin miners. The relevant indicator here is the…
Alibaba AI Model Puts XRP Price Between $7 And $42 By Year-End
An artificial intelligence model developed by Alibaba has projected that XRP could surpass $7 this year, with an upper estimate reaching as high as $42 — a range that would push the cryptocurrency’s total market value somewhere between $400 billion and $2.52 trillion. The projection lines up with forecasts made by several human analysts who have been calling for a sharp revaluation of the asset. Regulatory Shift Seen As Turning Point US regulators appear to have drawn a clearer line in the sand. The Securities and Exchange Commission and the…
This Pattern Suggests Ethereum Is In Accumulation Phase — What’s Next?
The price of Ethereum has somewhat slowed down over the weekend after a breakdown of negotiations between the United States and Iran. However, the latest on-chain data suggests that this moment of uncertainty has barely impacted the market structure of the second-largest cryptocurrency by market cap. According to a prominent analyst, the Ethereum price seems to be at a turning point, which could usher in a fresh bullish cycle. ETH May Be Near A Major Uptrend In a Quicktake post on the CryptoQuant platform, CryptoOnchain revealed that significant amounts of…