Tag: News

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 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…

Doctor Doom Predicts AI-Powered Boom of World Economy – Economics Bitcoin News

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Key Takeaways: Nouriel Roubini predicts AI will drive markets, pushing future US growth to 4% by 2030 despite politics. At the Greenwich Economic Forum, Roubini noted AI is no bubble, driving tech markets for the next 20 years. Per Roubini, US tech dynamism ignores politics; AI innovation will push future economic growth to 10% by 2050. Nouriel ‘Doctor Doom’ Roubini Forecasts Jump In World Economies As AI Grows While some analysts have become pessimistic about the effects of the growing international adoption of artificial intelligence (AI), others believe it will…

Goldman Sachs Strategist Says AI Disruption Fears Will Linger for Years in Software Stocks – Bitcoin News

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Key Takeaways: Goldman Sachs strategist Ben Snider warned April 13 that AI disruption fears could weigh on growth stocks for years. Servicenow fell 48% and Salesforce dropped 36% YTD as per-seat licensing models face AI-driven “seat compression,” according to Yahoo Finance author Brian Sozzi’s reporting. Meta, Amazon, and Alphabet are positioned to recover first as Goldman targets selective exposure heading into 2027. AI Fears Drive Software Stock Collapse in 2026, Goldman Sachs Strategist Warns No Quick Rebound The warning, reported on by Yahoo Finance’s Brian Sozzi on Monday, lands as…

Ondo Finance Seeks SEC No-Action to Integrate Blockchain Into Securities Infrastructure – Regulation Bitcoin News

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Key Takeaways: Ondo Finance seeks SEC no-action relief for tokenized securities model on Ethereum. Structure improves utility without altering existing legal framework for securities. Bitgo custody supports tokenized entitlements on Ethereum for operational processes. Ondo Finance Advances Blockchain-Integrated Recordkeeping Model Blockchain integration into regulated securities markets is advancing toward architectures that combine traditional custody with on-chain efficiency. Digital asset firm Ondo Finance submitted a no-action letter request on April 13 to the U.S. Securities and Exchange Commission (SEC) Division of Trading and Markets tied to Ondo Global Markets (OGM). It…

Bitcoin Shrugs off Strait of Hormuz Blockade to Hit $72,629 Intraday High – Markets and Prices Bitcoin News

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Key Takeaways: Bitcoin rose to $72,629 on April 13, recovering from a flash crash caused by failed U.S.-Iran talks. The Strait of Hormuz blockade pushed oil to $100, triggering $59 million in Bitcoin short liquidations. Analysts expect a U.S. confrontation with the IRGC as China weighs a response to the naval blockade. Failed Ceasefire Talks Trigger Flash Volatility Bitcoin shrugged off renewed geopolitical tensions sparked by a U.S. Navy blockade of the Strait of Hormuz, rising to an intraday high of $72,629 around 1:30 p.m. Monday. The rally marked a…

Robinhood Restricts High-Risk Prediction Contracts Amid Israel Insider Trading Charges, Iran Bet Scrutiny – iGaming Bitcoin News

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Key Takeaways: Robinhood excluded “mention markets” from its platform, citing insider trading and market manipulation risks Suspiciously timed Polymarket bets before the U.S. strike on Iran and Israeli insider trading charges have intensified scrutiny across the sector Prediction market volumes have surged past $20 billion per month, up from $1.2 billion in early 2025 Robinhood Mention Markets Dropped Over Manipulation Risk Robinhood UK President Jordan Sinclair told the Financial Times on Sunday that the company is “very focused on market abuse, insider trading.” He added: “We don’t necessarily offer all…

Starkware Cuts Jobs as Starknet Revenue Collapses – Crypto News Bitcoin News

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Key Takeaways: Starkware revenue fell from close to $6 million in 2023 to $48 in April 2026, forcing layoffs and restructuring. EIP-4844 cut Starknet fees, compressing income despite $242 million TVL, reshaping L2 economics. CEO, Eli Ben-Sasson plans pivot to apps unit in 2026, aiming to build sustainable revenue streams. Starknet Revenue Declines as Starkware Shifts Strategy Starkware is cutting jobs and reorganizing its business after a steep collapse in revenue from its Starknet network, underscoring mounting pressure on blockchain infrastructure firms to generate sustainable income. The company said it…