Tag: Bitcoin

South Korean Fintech Toss Targets Web3 Finance With Proprietary Mainnet and 24 Stablecoin Trademarks – Crypto News Bitcoin News

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Key Takeaways: Toss, operated by Viva Republica, is building an L1 blockchain mainnet and native coin to power its 30 million-user financial platform. South Korea’s pending Digital Asset Basic Law has delayed final decisions on whether Toss pursues an L1 or L2 approach. A Stablecoin Task Force led by Chief Business Officer Kyuha Kim filed 24 KRW stablecoin trademarks in June 2025, including “TOSSKRW.” South Korea’s Toss Recruits Blockchain Engineers as Mainnet Plans Advance in 2026 The fintech company Toss serves roughly 30 million registered users, close to 60% of…

Analyst Who Called Bitcoin Price Crash Above $100,000 Predicts Crash To $29,000

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The Bitcoin price has surged back above $69,000 after experiencing a major decline last week. While the price appears to be rebounding from the downtrend, a market analyst has warned that the BTC could still face another price crash. After projecting its decline from above $100,000, the analyst now forecasts a price plunge to $29,000, likely marking Bitcoin’s final bottom. Bitcoin Price Faces Possible Crash To $29,000 Market expert LavaXBT has shared two possible scenarios for Bitcoin’s next move. However, the analyst appears to be leaning more bearish, projecting that…

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Bitmine Reaches 4.803 Million ETH, Announces NYSE Uplisting – Crypto News Bitcoin News

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Key Takeaways: Bitmine holds 4.803 million ETH worth $10.2 billion, making it the world’s largest ethereum treasury as of April 6, 2026. MAVAN, Bitmine’s institutional staking platform, has staked 3.33 million ETH generating $196 million in annualized staking revenue. Bitmine’s NYSE uplisting takes effect April 9, 2026, as the company targets 5% of total ETH supply under Chairman Tom Lee. Bitmine Buys 71,252 ETH in One Week, Highest Pace Since December 2025 The Norwalk, Conn.-based company Bitmine said its common stock will move from NYSE American to the NYSE effective…

Analyst Says Bitcoin Hasn’t Seen A True Bottoming Formation Yet, What This Means For Price

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Crypto analyst LP has declared that Bitcoin hasn’t seen a true bottoming formation yet, despite the price looking to form strong support at current levels. This comes as BTC looks to reclaim the psychological $70,000 amid talks of a ceasefire between the U.S. and Iran.  Bitcoin Is Still At Risk As The Price Is Yet To Form A Bottom In an X post, LP stated that Bitcoin hasn’t shown a true bottoming formation and suggested that the leading crypto isn’t yet close to a bottom. He alluded to previous bear…

766,970 BTC Stack—Strategy Buys More Bitcoin After Saylor’s ‘Back to Work’ Hint on Sunday – News Bytes Bitcoin News

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Key Takeaways: Strategy bought 4,871 BTC for ~$329.9M at ~$67,718 per coin on April 6, 2026, per Saylor’s announcement. With 766,970 BTC held at an avg cost of $75,644, Strategy carries a notable unrealized loss at current prices. Saylor declared the Bitcoin four-year cycle dead, citing capital flows and bank credit as the new price drivers. Strategy Spends $329.9 Million on Bitcoin as Price Trades Below Cost Basis The purchase came at roughly $67,718 per coin, bringing Strategy’s total holdings to 766,970 BTC as of April 5, 2026. The company…

Samson Mow Warns Rushed Quantum Fix Could Harm Bitcoin

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Rushed quantum fixes for Bitcoin could introduce new risks, Samson Mow warned in response to calls from Coinbase executives for faster action. Mow, a Bitcoin advocate and Jan3 founder, took to X on Saturday to address comments from Coinbase CEO Brian Armstrong and chief security officer Philip Martin, who urged the industry to begin preparing for quantum computing threats sooner rather than later. He said that while post-quantum (PQ) cryptography could secure Bitcoin (BTC) against future quantum computers, rushing implementation may create new vulnerabilities such as compatibility issues and reduced…

Strategy Sits On $635M Paper Loss as Saylor Signals Fresh Bitcoin Buy

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With Bitcoin trading near $69,000, Strategy is sitting on an unrealized loss on its large cryptocurrency holdings, yet the company’s founder shows no sign of pulling back. Related Reading Saylor’s Orange Dot Returns Michael Saylor posted what followers recognized immediately: the orange dot chart his company uses to signal a fresh round of Bitcoin buying. The post, shared on X over the weekend, came with a simple caption — “back to work” — after Strategy sat out the previous week without making a single purchase. The company is expected to…

Bitcoin Reclaims $70,000 as Middle East Ceasefire Hopes Spark Relief Rally – Markets and Prices Bitcoin News

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Key Takeaways: Bitcoin hit $70,275 on April 6, lifting market cap above $1.4T and triggering $325M liquidations. WTI crude swung from $112.24 to $109 before rebounding above $110 as Tehran rejected U.S. proposals. Ethereum surged 5% to $2,165, while ADA and LINK gained over 6%, pushing altcoin cap past $1.1T. Energy Markets and the ‘Olive Branch’ Volatility Bitcoin surged to the $70,000 mark Monday, April 6, buoyed by reports of a potential 45-day ceasefire in the Middle East. Market sentiment shifted as diplomatic efforts sought to avert a massive escalation…