Category: Other Crypto News

What Will Trigger a BTC Price Breakout?

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Bitcoin’s (BTC) relief rally to $72,000 appears to be cooling off, but analysts said that the BTC price may “continue rising” in the short term. Key takeaways: Bitcoin must flip the short-term holder realized price at $80,000 into support to confirm the trend change. Spot volume and trading activity must recover to ensure a sustained breakout in BTC price.  Bitcoin must reclaim $80,000 as support Bitcoin’s 8% climb over the last three days to $72,000 saw it reclaim key levels, including the 200-day exponential moving average (EMA) at $68,000, and…

Bhutan Moves More Bitcoin as Sovereign Stash Drops Below 4,000 BTC

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Bhutan moved more Bitcoin from its sovereign-linked wallet on Thursday, further reducing its once sizeable BTC stash and extending its months-long selling.  Arkham data showed a wallet attributed to the Royal Government of Bhutan and its investment arm Druk Holding & Investment, transferred about 319 Bitcoin (BTC), worth roughly $22.68 million, bringing total outflows since late October 2024 to more than 9,000 BTC. The transfer follows a series of recent wallet movements by the country flagged by Arkham. In March alone, the Bhutan-tagged wallet moved more than 1,667 BTC (roughly…

Bitcoin Faces Quantum Risk As Bernstein Sees 3–5 Year Window For Upgrades

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Bitcoin’s quantum problem is still years away, but Bernstein says 1.7 million BTC sitting in early address types could be among the most exposed if the technology ever gets there. Related Reading That includes an estimated 1.1 million BTC tied to Satoshi Nakamoto, which would matter only if quantum machines become strong enough to break today’s encryption. Legacy Wallets In Focus Bernstein’s view is not that Bitcoin faces a near-term collapse. The firm’s analysts describe the issue as a “manageable upgrade cycle,” not an “existential risk,” and say the danger…

Morgan Stanley Bitcoin ETF Trades $34M On Debut

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The Morgan Stanley Bitcoin Trust (MSBT), the first spot Bitcoin exchange-traded fund (ETF) offered by a US bank, recorded $30.6 million in inflows on its trading debut, giving the Wall Street bank a respectable, but not blockbuster, entry into the spot Bitcoin ETF market. MSBT started trading on the NYSE Arca on Wednesday, generating $34 million in trading volume, slightly above the expectations of Bloomberg ETF analyst Eric Balchunas, who predicted first-day volume would reach $30 million. As of April 8, MSBT held 444.4 Bitcoin (BTC), worth around $31.7 million,…

Higher Before Lower: How Bitcoin Price Will Get To $240,000

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The current downtrend has put the Bitcoin price in an increasingly difficult position as bears push back on every recovery. Even now, the price continues to struggle to maintain an uptrend, but it has not deterred bulls from predicting higher prices. The general consensus still remains that the Bitcoin price will cross $100,000 again and eventually reach new all-time highs. As these bullish predictions roll out, one analyst has given their opinion on how the cryptocurrency’s price will move from here. Bitcoin Could Rally To $90,000 First Before Crashing Pseudonymous…

Bithumb Launches Legal Action to Recover 7 Bitcoin From Payout Mistake

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South Korean crypto exchange Bithumb has begun legal proceedings to recover 7 Bitcoin still missing from a payout error that saw 620,000 BTC mistakenly distributed during a promotional event in February. The exchange has filed for a provisional attachment, a court-approved measure that freezes assets ahead of a civil lawsuit, targeting users who have yet to return the funds, according to a Thursday report by local outlet Chosun Biz. On Feb. 6, the exchange wanted to distribute a total of 620,000 won ($420) to 249 event winners. Instead, due to…

Ethereum Reclaims $2,200, But Analyst Says Don’t Celebrate Yet

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While Ethereum (ETH) retests a key level for the first time this month, some market watchers have advised caution, warning that the start of a new bull run may not be here yet. Related Reading No Ethereum Party Until This happens After jumping nearly 10%, Ethereum is attempting to reclaim a crucial area that has served as a major resistance zone since the early February crash. Over the past two months, the King of Altcoins has been trading sideways, hovering between the $1,800-$2,200 levels. As the altcoin breaks past the…

Yuga Labs Resolves Long-Running NFT Dispute

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Bored Ape Yacht Club creator Yuga Labs has settled its long-running lawsuit with a pair of artists accused of profiting off lookalike NFTs. According to documents filed in the District Court for the Central District of California on Tuesday, Yuga Labs and artists Ryder Ripps and Jeremy Cahen told the court they had reached a settlement agreement. As part of the settlement, Ripps and Cahen are permanently banned from using Yuga Lab’s imagery and trademarks and will transfer control of the smart contracts, domains and any remaining NFTs associated with…

Canary Capital Submits Application For US Pepe ETF

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Asset management firm Canary Capital is looking to launch a spot exchange-traded fund (ETF) tied to the PEPE memecoin.  On Wednesday, Canary filed a Form S-1 for the CANARY PEPE ETF with the US Securities and Exchange Commission. The ETF would track the performance of Pepe (PEPE), with all of the trust’s PEPE held by a custodian.  It noted that the ETF trust may hold up to 5% of the trust’s assets in Ether (ETH) to pay the transaction fees on the Ethereum network. Pepe is up 6.06% over the…

XRP Faces No Immediate Quantum Threat: Analyst

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A developer testnet for the XRP Ledger went fully quantum-secure back in December 2025 — months before most people started paying attention to the threat. That quiet milestone now sits at the center of a broader conversation about how ready the network actually is. Related Reading Only A Fraction Of Accounts Hold Hidden Keys Reports from an XRPL validator show that roughly 300,000 of the network’s 7.8 million accounts are currently shielded from quantum attacks — not because of advanced cryptography, but because their public keys have never been exposed.…