Tag: Bitcoin

Bitcoin Price Smashes $74K Barrier, Rally Gains Strong Traction

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Bitcoin price started a fresh surge and cleared the $73,800 zone. BTC is consolidating and might aim for more gains above the $75,000 level. Bitcoin managed to stay above $72,000 and started a fresh increase. The price is trading above $74,000 and the 100 hourly simple moving average. There is a steep bullish trend line forming with support at $73,800 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might extend gains if it stays above the $73,800 and $72,750 levels. Bitcoin Price Surges Nearly…

Bank of Korea Pushes Crypto Circuit Breakers to Prevent Sudden Market Breakdowns – Regulation Bitcoin News

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Key Takeaways: BOK urged crypto exchanges to adopt circuit breakers to curb extreme volatility. Central bank said crypto firms lack controls compared to traditional finance standards. Report called for real-time systems to verify balances and prevent payment errors. Crypto Exchange Failure Exposes Control Weaknesses South Korea’s central bank, the Bank of Korea (BOK), said in its annual payment and settlement report on April 13 that crypto exchanges should adopt circuit breaker mechanisms following a major operational failure at Bithumb. The move signals a push to align digital asset trading infrastructure…

JD Vance Leads Despite VP’s Historic Approval Low – Bitcoin News

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Key Takeaways: JD Vance’s net job approval dropped 21 points from January 2025 to April 2026, per CNN polling data. Polymarket’s 2028 presidential market hit $521.6M in volume, with Vance leading at 18.9% odds. Kalshi gives Vance a 21% chance in 2028, but Gavin Newsom at 17% is closing the gap fast. JD Vance Approval Hits Lowest VP Rating in Modern Era as 2028 Speculation Builds on Prediction Markets CNN data analyst Harry Enten flagged the drop in a recent segment, citing polling that places Vance’s net job approval at…

Strategist Sees Bitcoin Bear Signals, Warns Crypto Bust Could Push BTC to $10K – Markets and Prices Bitcoin News

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Key Takeaways: Bitcoin faces bear signals as Bloomberg’s strategist flags high correlation with equities. Forecast sees BTC dropping toward $10K as liquidity conditions tighten further. Crypto markets risk a broader bust as McGlone cautions excess supply pressures valuations. Bitcoin Slides Into Bear Territory as Strategist Highlights Crypto Bust Dynamics Elevated volatility and rising correlation with equities are undermining bitcoin’s diversification appeal, signaling mounting pressure across crypto markets. Bloomberg Intelligence senior commodity strategist Mike McGlone analyzed these trends on April 12, focusing on Blackrock’s Ishares Bitcoin Trust ETF (IBIT) and its…

Bitcoin price tests $72.6K ascending channel top

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Bitcoin is trading at $72,330 on April 13, pressing the upper trendline of a 4H ascending channel that has been building since the late March lows near $65,000. Spot Bitcoin ETF inflows of $786 million last week, led by BlackRock’s IBIT at $612 million across five trading days, provide the structural demand backdrop for the move. Summary Bitcoin price is at $72,330 on April 13, up 0.65% on the session, pressing the upper boundary of a 4H ascending channel defined by two parallel upward-sloping trendlines from the March lows near…

Bitcoin Price Climbs Toward $75,000 as US-Iran Strait of Hormuz Tensions Trigger Short Squeeze – Bitcoin News

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Key Takeaways: Bitcoin climbed toward $75,000 on April 13 after millions in short positions were liquidated within hours. U.S.-Iran Strait of Hormuz tensions drove traders back into BTC, testing the top of a two-month consolidation range. Analysts set $75,000 to $80,000 as near-term targets, but pre-April 15 tax selling and oil-driven inflation fears remain risks. BTC Tests 2-Month Consolidation High Near $75,000 The move played out quickly. Within hours of the blockade announcement, millions in short positions were liquidated as buyers stepped in at support near $70,000, accelerating the climb.…

SEC Commissioner Calls for Permanent Broker Rule Overhaul Reflecting Modern Crypto Market Realities – Regulation Bitcoin News

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Key Takeaways: SEC Commissioner favors a more permanent approach to defining broker rules in crypto markets. Guidance from SEC limits when crypto interfaces must register as broker-dealers. Outlook suggests SEC may pursue clearer, permanent rules after industry feedback. SEC Guidance Defines Crypto Interface Boundaries Regulatory clarity for crypto interfaces is advancing as policymakers reassess broker definitions in decentralized markets. U.S. Securities and Exchange Commission (SEC) Commissioner Hester M. Peirce commented on April 13 after the SEC Division of Trading and Markets issued guidance that outlined when crypto interface providers and…

Inside BC.GAME’s BC Engine – Branded Spotlight Bitcoin News

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The way crypto casinos reward players is changing – and the shift is moving away from one-off bonuses toward continuous, passive income flows built directly into normal gameplay. For platforms competing in an increasingly crowded market, the question is no longer just how big the welcome bonus is, but how sustainably value is delivered over time. That question is precisely what BC.GAME‘s latest platform upgrade sets out to answer, with BC Engine at its core. What is BC Engine? BC Engine is the centerpiece of a sweeping rewards system overhaul…

Bitcoin Hits $74,000 As ETF Inflows Face Miner Selling And War Tensions

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Key takeaways: Despite strong ETF inflows, Bitcoin remains tied to the S&P 500 and sensitive to global macroeconomic developments. Bitcoin futures premiums and miner selling suggest that the bear market persists despite Bitcoin trading above $74,000. Bitcoin (BTC) reclaimed the $74,000 level on Monday following slight gains in the S&P 500 index after US President Donald Trump ordered a US blockade of the Strait of Hormuz. Traders appear to be gradually gaining confidence following strong net inflows into US-listed spot Bitcoin exchange-traded funds (ETFs) and continued accumulation by Strategy (MSTR…