Category: News

Discover What Happens When US Whales Are Long

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Ethereum is pushing back toward $2,400 as the market finds its footing after weeks of uncertainty, with buyers gradually reasserting control and the price beginning to build momentum from the consolidation range. The move higher is drawing attention — and a CryptoQuant analyst has identified a signal in the demand data that suggests the current strength may have more institutional backing than the price chart alone reveals. Related Reading The Coinbase Premium Index measures the price difference between Ethereum on Coinbase and Ethereum on Binance. When ETH trades at a…

Bitcoin Hits 11-Week High Above $78K

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Bitcoin climbed above $78,000 on April 22, reaching its highest price in 11 weeks, as a wave of short liquidations and improved macro sentiment following Trump’s ceasefire extension combined to push the asset to a key technical level that had resisted multiple breakout attempts. Summary Bitcoin broke above $78,000 on April 22 for the first time in 11 weeks, with CoinGlass data showing approximately $180 million in short liquidations clustered above the level. The move coincided with improved risk sentiment after Trump extended the Iran ceasefire, alongside a broader altcoin…

A Hair Dryer May Have Gamed a Paris Weather Sensor for $34,000 on Polymarket – Bitcoin News

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Key Takeaways: Météo France filed a complaint with Roissy airport gendarmerie after two CDG sensor anomalies on April 6 and April 15 aligned with Polymarket payouts totaling roughly $34,000. Meteorologist Paul Marquis of E-Meteo Service ruled out natural causes, concluding physical intervention with a heat device was the most probable explanation. Polymarket switched its Paris temperature resolution source to Le Bourget Airport on April 19, though no arrests have been made at the time of publication. French Meteorological Service Files Complaint After Paris Airport Sensor Data Aligns With Polymarket Payouts…

Bitcoin, XRP Need Relief From Capital Drain: John Bollinger

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John Bollinger, the creator of Bollinger Bands, used a sharply worded post on X on April 21 to argue that Bitcoin, XRP and the broader crypto market need a break from what he sees as capital being pulled out of the sector by Washington. Bollinger did not cite a dataset or name a specific policy move, but his reference to the “current administration” landed in a market already primed to read that as a swipe at President Donald Trump’s orbit and the crypto ventures tied to it. “Can’t help but…

Ex-FTX CEO Withdraws Motion for a New Trial, Still Asks for New Judge

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Former FTX CEO Sam Bankman-Fried, serving a 25-year sentence for his role in misusing user funds at the crypto exchange, has dropped a motion in federal court requesting a new trial for his criminal case, but still has a pending appeal of his conviction and sentence. In a Wednesday filing in the US District Court for the Southern District of New York, Bankman-Fried responded to a March 23 letter from Judge Lewis Kaplan ordering the former FTX CEO to answer whether he received any assistance from lawyers for a pro…

American Bitcoin Stock Jumps 12% on Miner Expansion

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Shares of American Bitcoin, the Trump family-linked mining company, surged approximately 12% on April 22 after the firm announced it had completed the deployment of 11,298 new ASIC miners at its Drumheller, Alberta site, expanding its active fleet to roughly 89,242 machines. Summary American Bitcoin deployed 11,298 new ASIC miners at its Drumheller facility, adding 3.05 exahash per second of capacity and pushing total hashrate to 28.1 EH/s. The stock jumped approximately 12% to $1.38 on the news, extending a broader recovery as Bitcoin prices climbed. The expansion reinforces American…

Shariah-Compliant PUSD Stablecoin Integrates With ADI Chain

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PUSD, a Shariah-compliant stablecoin backed by Gulf currencies, is set to deploy on ADI Chain, a Layer 2 network focused on institutional settlement in the Middle East. According to an announcement shared with Cointelegraph, the stablecoin has about $2.3 billion in circulation and is backed 1:1 by reserves held in Saudi riyals and UAE dirhams, which are pegged to the US dollar.  It is already available on multiple blockchains, including Ethereum, BNB Chain, Solana and Tron, with ADI Chain marking its latest integration. The stablecoin is positioned to provide access…

Cardano’s Leios Upgrade and Bitcoin DeFi Tool Pogun Headline Input Output’s 2026 Funding Slate – Bitcoin News

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Key Takeaways: Input Output submitted 9 Cardano treasury proposals totaling $38.9M, nearly 50% less than its 2026 ask. The Leios upgrade targets 1,000+ TPS and is scheduled to hit the Cardano mainnet by the end of 2026. DReps have until May 24, 2026, to vote on all proposals through Intersect’s governance platform. Input Output Cuts Cardano Treasury Ask to $38.9M for 2026, Down Nearly 50% From Last Year The reduction is deliberate. In a release shared with Bitcoin.com News, IO says it is moving toward a self-sufficient model and intends…

Bitcoin Analyst Predicts Lowest Level Before Run To $200,000

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A crypto analyst has presented a new analysis, forecasting Bitcoin’s (BTC) next all-time high and potential market bottom. According to the analyst, BTC’s long-term price outlook could depend heavily on where its current market bottom forms. The analysis draws on historical cycle patterns and bear markets that preceded BTC’s explosive upward rallies. Based on these patterns, the expert projects that if BTC has found a bottom near $60,000, then the next likely top could be around $200,000.  Bitcoin Cycle Analysis Points To Final Market Bottom Crypto market expert Ardi has…

Bears Are Fully In Control Of Bitcoin And It Will Crash Below $60,000, Here’s Why

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A crypto analyst has suggested that Bitcoin (BTC) is still in a bear market despite its recent price rally, warning that the cryptocurrency could be headed for a deeper correction below $60,000. The call comes amid repeated failed breakouts and weakening momentum, raising doubts about any near-term recovery. According to the analyst, the current price structure suggests bears remain firmly in control, with downside risks continuing to build.  Why Bitcoin Is Still Bearish Despite Recent Rebounds A technical analyst known as JDK Analysis on X has shared fresh insights into…