Category: News

Fidelity Says Bitcoin Has Thin Profit Cushion as Macro Risks Drive 25% YTD Decline

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Key Takeaways: Fidelity Digital Assets rates bitcoin’s Q1 2026 NUPL score at 0.21, placing BTC in the cautious “Hope-Fear” zone. BTC, ETH, and SOL fell 25%, 31%, and 38% year-to-date, driven partly by $2.56B in January liquidations. Ethereum’s stablecoin transfer value hit an all-time high above $18 trillion, signaling real-world utility growth in Q2 2026. Bitcoin Investors Barely in Profit as Market Enters ‘Repair Phase,’ Fidelity Says Bitcoin’s NUPL reading places investors in what Fidelity researchers describe as the “Hope-Fear” zone, a condition marked by modest unrealized profits and cautious…

Canada Moves Closer to Banning Crypto Political Donations

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Canada is moving closer to banning political donations made in cryptocurrency, as lawmakers in Ottawa tighten rules around how money flows into elections. That’s after a proposed law — Bill C-25, the Strong and Free Elections Act — passed a second reading in the House of Commons on Friday. The vote signals that lawmakers support the bill in principle and will now study it in detail at committee, where amendments can still be made. The legislation would prohibit political parties and candidates from accepting cryptocurrency donations, closing what regulators see…

Bitcoin Whale Holdings Hit 5 Month High At 3.09M BTC

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Bitcoin (BTC) whales holding between 1,000-10,000 BTC have increased their BTC exposure over the past five months, with the total balance reaching 3.09 million, a level last seen on November 11, 2025. Short-term data suggest that Bitcoin traders may move toward existing liquidity at $73,700, but futures market activity and the longer-term market structure hint at higher levels above $80,000.  Bitcoin whales and institutions rebuild BTC exposure Bitcoin wallets holding between 1,000 and 10,000 BTC have been steadily accumulating since December, adding approximately 240,000 BTC to their balances. This brings…

Why Does Ripple Keep Unlocking And Selling Millions Of XRP Every Month?

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The mechanics behind XRP’s supply have always been public. A breakdown on X from crypto commentator Crypto Tony looks at the process of XRP unlocks in particular, with the theory that the payments technology company is, in fact, diluting every holder of XRP. The Escrow Machine and How It Works In a detailed post on X, a crypto commentator known as Crypto Tony laid out an interesting theory as to why Ripple keeps unlocking and selling millions of XRP every month to his hundreds of thousands of followers.  Related Reading…

Aven Bitcoin Card Lets Holders Borrow Up to $1M Against BTC

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Key Takeaways: Aven Bitcoin Visa Card offers BTC-backed credit lines up to $1 million without selling bitcoin. Aven card rates start at 7.99% APR, with no annual or origination fees. Bitcoin collateral sits with Bitgo, while Coastal Community Bank issues the Visa credit card. Aven Bitcoin Visa Card Expands BTC-Backed Credit Access Aven Financial Inc., a financial technology platform that offers asset-backed credit cards, announced the launch of the Aven Bitcoin Visa Card on April 27. The card gives bitcoin holders access to a BTC-backed credit line of up to…

Tennessee Crypto Kiosk Ban Set to Go into Effect July 1

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Tennessee Governor Bill Lee has signed a bill into law that will officially ban the use and installation of cryptocurrency ATMs and kiosks in the southeastern US state, leaving only a matter of weeks for companies to be in compliance. Lee signed Tennessee House Bill 2505 into law on April 13, making the installation of a cryptocurrency kiosk a Class A misdemeanor starting on July 1. The reclassification of the machines as illegal under state law would potentially put operators and businesses hosting the machines at risk of up to…

XRP $10 By 2027? Top Expert Flags Two Must-Happen Catalysts For A Bull Run

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In the race to determine whether XRP can mount a real rally toward the $10 level next year, one market expert, Sam Daodu, argues that the answer depends less on hype and more on whether two major forces finally line up.  Daodu says nearly every serious XRP price forecast for 2027 relies on the same prerequisites: US regulation has to be clarified, and institutional capital has to begin flowing in at a meaningful scale. Without both, the upside case becomes harder to justify, even if parts of the story are…

Anthropic Pre-IPO Traders Push Onchain Implied Cap to $1 Trillion – Bitcoin News

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Key Takeaways: Kobeissi Letter flagged Anthropic’s onchain implied valuation hitting $1 trillion on Jupiter’s Prestocks on April 27, 2026. Anthropic tokens on Solana climbed 733% since October 2025, pushing the implied cap past $380 billion from the February Series G. Anthropic explicitly bans SPV and tokenized share transfers, warning investors that these instruments may carry no legal value. Onchain Buyers Price Anthropic at $1 Trillion on Jupiter, Joining OpenAI and SpaceX On X, financial commentator Kobeissi Letter flagged the milestone on Monday, in a post that drew wide attention across…

XRP Leads Altcoin Debate As Crypto Flashes Mixed Signals

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XRP has become one of the clearest examples in a widening debate over whether crypto is still in accumulation or already entering distribution. A new market note by Will Taylor from The Weekly Insight argues that altcoins and macro signals are now sending conflicting messages at a critical point in the cycle. The core tension is not limited to XRP. The report frames XRP alongside Ethereum, Cardano and Litecoin as major altcoins that have either failed to produce meaningful new cycle highs or have only marginally exceeded prior peaks. For…

Bitcoin, Altcoins Remain Range Bound As Bulls And Bears Fight For Control

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Key points: Bitcoin continues to face resistance near $79,500, but the trajectory remains up as long as the price holds above $76,000. Most major altcoins are not showing any directional bias, suggesting a near-term consolidation. Bitcoin (BTC) attempted to rise above $79,500, but the bears held their ground. BTC investor and author Michael Terpin told Cointelegraph that BTC risks falling to $57,000 in October 2026, based on a study of the “historical average” drawdown of about 1 year from a market-cycle top. Terpin added that BTC will have to rise…