DeFi is having one of its most difficult weeks in recent memory. What started as a single exploit on April 19 has since cascaded into a system-wide liquidity shock that has rattled confidence across the ecosystem and raised questions that go well beyond the incident itself. Related Reading The event began at Kelp DAO, where an attacker identified and exploited a critical flaw in the protocol’s collateral system. To understand what happened, it helps to understand what rsETH is supposed to be. Under normal conditions, rsETH is minted when a…
Category: Other Crypto News
Bitcoin To $140,000 And XRP To $7? Here’s When It Will Happen
Crypto analyst RWA Investor has predicted that Bitcoin will rally to $140,000 and XRP to $7, setting new all-time highs (ATHs) for these cryptos. The analyst also provided a timeline for when they will reach these targets and what will spark the parabolic rally. Analyst Predicts Bitcoin Rally To $140,000 And XRP to $7 In an X post, RWA Investor predicted that Bitcoin would be trading at $140,000 in May and that XRP would hit $7. He claimed that this is not wishful thinking but a psychological perspective. The analyst…
XRP Integrations Keep Rolling In Across The Ecosystem
“Pay attention. FOMO.” That was the blunt message from XRPL validator Vet, posted to X this week, as a string of major platforms moved to add XRP and XRP Ledger support across payments, exchanges, and self-custody tools. Related Reading He was not talking about Ripple’s own products. He was pointing to independent adoption — and the list is getting harder to ignore. Binance And Bitget Expand Their XRPL Footprint Binance completed its integration of RLUSD — Ripple’s enterprise stablecoin — directly on the XRP Ledger back in February. Since then,…
Next Big Bitcoin Move May Defy Everything Traders Expect: Expert
Bitcoin Magazine Pro lead analyst Matt Crosby says traders relying on Bitcoin’s traditional four-year cycle may be leaning on a framework that no longer fits the market. In his latest analysis, Crosby argued that structural shifts in supply, institutional demand and macro liquidity now matter more than the old halving-driven playbook. Bitcoin’s Old Cycle Playbook Is Breaking Down Crosby’s core claim is straightforward: Bitcoin may already be trading in a different regime. Pointing to the fact that more than 20 million BTC are now in circulation, he said over 95%…
Analyst Reveals When The Bull Run Will Begin
Over the years, Bitcoin has maintained a near-consistent bull cycle pattern, usually starting and ending in a similar number of days. As a result, using the previous cycle pattern has become a popular way to try to predict when the next bull market will start and when the next bear market will begin. One of the patterns that many have followed to try to predict the next bull run is the number of days between each cycle, and one analyst is using it to predict the next move. The 1,065-Day…
Polymarket Traders Profit $37K From Paris Weather Glitch
Two Polymarket accounts have attracted suspicion after making $37,000 betting correctly on two unusual temperature readings of a weather station located in a major airport in France. The two weather-focused prediction markets focused on the highest temperature in Paris on April 6 and 15, using the highest temperature recorded at the Charles de Gaulle Airport Station in degrees Celsius, according to Polymarket. French media outlet BFMTV reported on Monday that the temperature suddenly climbed to over 21 degrees Celsius on April 6, before dropping again immediately. The market resolved with…
Bitcoin Rally Catches Shorts Offside—$200M Liquidated As Price Hits $79,000
Data shows a large amount of Bitcoin short positions have been liquidated following the cryptocurrency’s surge to the $79,000 level. Bitcoin Has Surpassed $79,000 For The First Time Since Early February Bitcoin has seen a continuation of its recent bullish momentum during the past day as its price has hit the $79,300 level after a jump of nearly 5%. The below chart shows how the recent trajectory of the cryptocurrency has looked. Bitcoin also made an attempt at recovery last week, but that push ended up fizzling out as the…
Crypto Market Sentiment Reaches 3-Month High
A crypto market sentiment index has risen to its highest level in over three months on Wednesday after Bitcoin rallied nearly 6% to within striking distance of $80,000. The Alternative.me Crypto Fear & Greed Index rose 14 points to 46 out of 100, its highest level since Jan. 18 and its largest single-day gain in more than three months. Change in the Crypto Fear & Greed Index score over various time intervals. Source: Alternative.me While still in the “Fear” zone, the current reading marks a sharp rebound from the all-time…
Ethereum Faces ‘Moment Of Truth’ As Price Eyes $2,450
Some crypto analysts have affirmed that Ethereum (ETH) is facing a pivotal moment as it retests a major resistance barrier that could make or break the King of Altcoin’s recovery dreams. Related Reading Ethereum $2,400 Retest: Breakout or Fakeout? On Wednesday, Ethereum jumped 3.6% to retest a crucial resistance area for the third time this month, as the cryptocurrency attempts to recover from recent market jitters fueled by the US-Iran conflict. The cryptocurrency has been hovering between $1,800-$2,450 since the early February market crash, attempting to break out of this…