Author: driver789

Bitcoin traded near $76,000 on Tuesday morning as fresh on-chain data revealed that the cryptocurrency’s largest holders have been accumulating at their fastest pace in over a year — a confluence of whale demand and easing geopolitical risk that is reshaping the near-term price picture. Bitcoin opened near $76,000, up 2.7% from Monday’s lows of $73,854.25. The price action comes on top of a wave of institutional buying that analysts say has tightened available supply. Wallets classified as “whales” — those holding between 100 and 10,000 BTC — added roughly 45,000 BTC last week, the largest single-week accumulation since July…

Decentralized finance (DeFi) protocol Volo has disclosed a security breach that resulted in the loss of approximately $3.5 million in digital assets, marking the latest incident in a series of exploits targeting DeFi platforms.In a Wednesday post on X, the team said the attack affected select vaults and involved assets including Wrapped Bitcoin (WBTC), Matrixdock Gold XAUm and USDC (USDC). “We detected the attack, immediately notified the Sui Foundation and ecosystem partners to contain the damage, and froze the vaults to prevent any further exposure,” the team wrote.The protocol added that around $28 million in total value locked across other…

Bitcoin (BTC) could see further upside volatility as several technical indicators suggested the BTC price was due for a “powerful“ upward move.Key takeaways:Bitcoin’s Bollinger Bands indicator now sees the potential for a massive price breakout.BTC price needs to overcome resistance at $80,000 for more upside. Bollinger Bands suggest Bitcoin’s “bull run is next”Bitcoin’s Bollinger Bands have reached their tightest point ever on the monthly time frame, signaling that volatility should be expected soon.Related: Bitcoin ‘Bull Score’ hits six-month high as 2022 bear-market fears lingerBollinger Bands (BB) is a technical indicator used by traders to assess momentum and volatility within a certain…

Ethereum price rallied nearly 5% to reclaim the $2,400 mark on Wednesday amid a broader market rebound as crude oil prices fell. Summary Ethereum price rose nearly 5% to reclaim $2,400, supported by easing oil prices and a broader market rebound. Spot Ethereum ETFs recorded a ninth straight day of inflows, totaling over $530 million, signaling sustained institutional demand. Futures open interest climbed to $32.7 billion with bullish positioning rising, while ETG=H price nears a breakout from an ascending triangle pattern targeting $3,076. According to data from crypto.news, Ethereum (ETH) price rose 4.8% to $2,402 on April 22, extending its…

The crypto market is on the brink of a major breakout with bitcoin BTC$78,258.81 trading at $78,000, the level it failed to breach on Friday and a price it has not topped since January.A break above this level would trigger upside momentum to $80,000 as $180 million worth of futures positions are due to be liquidated between $77,000 and $78,000, according to CoinGlass’ liquidation heatmap.However, there is also a $71 million long position that will be liquidated if the price fails to gain and descends back below $77,300, creating a defensive trading environment on both sides.The market is higher after…

As Dogecoin (DOGE) consolidates below a key area, some analysts suggest that the market’s recent bullish momentum and whale accumulation could push the memecoin’s price above a crucial resistan level soon. Related Reading Dogecoin Big Price Move Faces Strong Resistance On Tuesday, Dogecoin continued to move sideways between the $0.093-$0.096 price range after failing to break above a crucial resistance level. Amid last week’s market pump, the leading memecoin broke out of the $0.096 barrier for the first time in two weeks, briefly touching the $0.10-$0.102 resistance on Friday. Market analyst Ali Martinez suggested that DOGE is preparing for a…

New York Attorney General Letitia James has filed lawsuits against Coinbase Financial Markets and Gemini Titan, alleging that both companies operate illegal gambling platforms through prediction markets available in New York. The lawsuits claim that Coinbase and Gemini allow users to place bets on outcomes of events including sports games, entertainment awards, and elections. According to the complaint, these markets function as gambling under New York law because users risk money on uncertain outcomes outside their control. Attorney General James stated that the platforms operate without licenses from the New York State Gaming Commission. The state requires licensing for gambling…

Crypto protocols have warned that an increase in AI use has led to a flood of bogus bug bounty submissions, putting a strain on teams trying to identify real threats to their protocols. Bug bounties are a system to reward “good” hackers for submitting reports about potential vulnerabilities and are popular in the crypto industry. AI has now made it easier to sift through large amounts of code to find possible bugs, though AI is also known to hallucinate. “AI is changing the way that bug bounty programs must operate,” said Barry Plunkett, co-CEO of Cosmos Labs, on Tuesday, responding to a…

There is a popular indicator that crypto pundits watch closely for cues on whether U.S.-based investors, especially institutions, are actually buying bitcoin BTC$78,010.28 or sitting on sidelines watching the market. It is called the Coinbase premium index and as of now it is flashing the most sustained bullish signal since bitcoin traded at record highs above $126,000 in October. This index has been positive for 14 consecutive days, from April 9 through today, April 22, according to data source Coinglass. That is the longest unbroken stretch of positive readings since October. Bitcoin’s Coinbase premium. (Coinglass)Here is why it mattersThe Nasdaq-listed…

Bitcoin miners dumped a record 40,000 BTC in the first quarter of this year — more than the entirety of 2025 combined and well above the 20,000 BTC sold in the panic following the Terra collapse in mid-2022. That number sits quietly beneath the surface of what otherwise looks like a recovering market. Related Reading Miners Signal Trouble Even As Prices Climb The sell-off came as mining difficulty dropped 2.4% to 135 trillion, while network hashrate climbed back from roughly 978 exahashes per second to 992 EH/s this month, according to data from Glassnode. When producers sell at record pace…