Bitcoin (BTC) erased losses after Monday’s Wall Street open as markets largely shrugged off the return of the US-Iran war. Key points: Bitcoin joins stocks in a muted reaction to the latest US-Iran deterioration and closure of the Strait of Hormuz. BTC price manages to top 2.5% daily upside despite the lack of resolution. Analysis warns that Bitcoin market strength is begin driven by Strategy and speculators. Markets avoid volatility as BTC price stays green Data from TradingView showed 2.5% daily gains for BTC/USD, which had closed the week below…
Category: Other Crypto News
Remember Arbitrum? This Analyst Just Predicted That A 7,400% Rally Is Coming
Crypto analyst Crypto Patel has predicted that the Ethereum layer-2 Arbitrum could record a 7,400%, providing a bullish outlook for the altcoin. He also revealed key levels for investors to keep an eye out for as the position for this potential rally. Arbitrum Eyes 7,400% Run With Price Down 96% From ATH In an X post, Crypto Patel predicted that Arbitrum could rally 7,400, with the price currently down 96% from its all-time high (ATH) of $2.40. He noted that ARB got trapped inside a brutal descending channel after its…
Adam Back says current demand is ‘almost’ enough to send Bitcoin to $1M
Quantum computing isn’t on track to break Bitcoin by 2030, despite growing fears on social media, according to Bitcoin OG and Blockstream CEO Adam Back. “I think it’s probably still a couple of decades out, but it really depends on how the research progresses,” Back tells Cointelegraph during Paris Blockchain Week. In a wide ranging interview the 55-year-old Blockstream CEO also shares his feelings about being named by the New York Times as Satoshi Nakamoto, and considers the factors that could push Bitcoin to $1 million. If Back’s predictions are…
Bitmine Immersion Pushes Ether Holdings Near 5M ETH
Bitmine Immersion Technologies, the world’s largest public holder of Ether, increased its ETH treasury last week with another large purchase. The company acquired 101,627 ETH during the week of April 13 to April 19, according to a press release and an accompanying Form 8-K filing with the US Securities and Exchange Commission on Monday. The purchase marks Bitmine’s largest Ether buy since Dec. 15, 2025, according to chairman Tom Lee. “Bitmine has maintained the increased pace of ETH buys in each of the past four weeks, as our base case…
JSCC Tests Japanese Government Bonds as Digital Collateral on Canton
Japan Securities Clearing Corporation (JSCC), part of Japan Exchange Group (JPX), said Monday it will launch a proof of concept with Mizuho Financial Group, Nomura Holdings and Digital Asset to test the use of Japanese government bonds as digital collateral on the Canton Network. The project will examine whether Japanese Government Bonds (JGBs) can be transferred and managed onchain while maintaining the legal status of the bonds under the Book-Entry Transfer Act and the Financial Instruments and Exchange Act. The trial will also test whether integrating existing systems with Canton’s…
ZachXBT Flags Holder Concentration Concerns Tied to MemeCore
Onchain investigator ZachXBT publicly challenged MemeCore on Monday to justify the valuation and supply distribution of its M token, asking the project to explain its market cap and why “insiders hold >90% of supply.” “Please provide a single data point to support your $6B mkt cap at a top 20 token and why insiders hold >90% of supply,” wrote ZachXBT in a Monday X response to Memecore, a project advertising itself as the layer–1 blockchain for the “Meme 2.0 economy.” The comments add fresh scrutiny to MemeCore after a sharp…
RAVE Token Faces Another 50% Crash Amid Price Manipulation Claims
RavenDAO’s RAVE token lost over 98% of its value over the weekend, and the hourly chart now warns of another massive drop in the coming days. Key takeaways: RAVE chart hints at 50%-plus drop next On the hourly chart, RAVE continues to trade inside a descending channel, with lower highs and lower lows forming between two downward-sloping trend lines. As of Monday, the spot price was retreating after testing the channel’s upper boundary, a sign that sellers remain active on rallies. If that rejection holds, RAVE could slide toward the…
Pundit Predicts XRP Price Will Hit $100 In 2026 If These Dominoes Fall
The possibility of the XRP price trading at $100 in 2026 is very bleak, but one crypto pundit believes this can be possible if some dominoes fall one after another. The pundit laid out a seven-point scenario under which XRP could reach $100 before the year is out, a price target that would require the cryptocurrency to gain over 6,900% from current levels and push its market capitalization past $6 trillion. The Domino Theory Behind A $100 XRP Call The forecast of XRP hitting $100 in 2026, which was posted on…
Saylor’s Strategy Boosts Bitcoin Holdings Past 815,000 BTC
Michael Saylor’s Strategy, the world’s largest public Bitcoin holder, has blasted past 800,000 BTC in total holdings after announcing its latest purchases. Strategy acquired 34,164 Bitcoin (BTC) for $2.54 billion between April 13 and 19, according to an 8-K filing with the US Securities and Exchange Commission on Monday. The buy ranks as Strategy’s third-largest Bitcoin acquisition on record by coin count, behind purchases of 55,500 BTC and 51,780 BTC in November 2024. Holding around 780,897 BTC after a $1 billion purchase just a week ago, the company now holds…
Coinbase Expands Crypto-Backed USDC Loans to UK Users
Crypto exchange Coinbase has rolled out crypto-backed USDC loans for users in the United Kingdom, allowing users to borrow USDC against Bitcoin, Ether and Coinbase Wrapped Staked Ether (cbETH). The loans are issued through Morpho, a lending protocol on Base. According to a Monday announcement, users can borrow up to $5 million in USDC (USDC) with Bitcoin (BTC)-backed loans, depending on how much collateral a user pledges. Coinbase said interest rates are variable and set by Morpho based on market conditions on Base, suggesting that borrowing costs can change frequently.…