[ad_1] Bitcoin has reclaimed the $90,000 mark, fueling renewed optimism across the crypto market. With sentiment shifting and bullish calls returning, many investors are once again eyeing a move toward six figures. However, not everything is as it seems beneath the surface. Despite the impressive price surge, risks remain, particularly as global tensions between the United States and China escalate. The ongoing trade war and geopolitical friction are injecting volatility into markets, creating a fragile backdrop for risk assets like Bitcoin. Top analyst Maartunn shared a stark view of the current state of the Bitcoin network, revealing on-chain metrics that…
Author: NBTC
[ad_1] Bitcoin (BTC) has recently made headlines by breaking past the $90,000 threshold, marking a notable recovery from its low in April. This surge is seen as a potential shift in its trading pattern, moving away from its previous correlation with US tech stocks. The cryptocurrency’s rise comes amidst economic uncertainties fueled by US President Donald Trump’s tariff policies and his public critiques of Federal Reserve Chair Jerome Powell. Additionally, anticipation is building around the upcoming evaluation of Trump’s Strategic Bitcoin Reserve plan, which could significantly influence the market. Meanwhile, HOOD stock (Robinhood Markets) has also shown positive movement, with…
[ad_1] A significant amount of XRP, the digital currency linked to Ripple Labs, has been moved from the leading cryptocurrency exchange, Bitstamp, to a digital wallet with an unknown owner. Popular crypto tracking service Whale Alert spotted the transaction, which involved 57,304,617 XRP, worth nearly $126.79 million based on the price of XRP at the time of transfer. Massive XRP transfer sparks speculation Moving such a large amount of XRP from this top exchange suggests that the holder could be planning to hold onto the asset for a long period. Hence, they’re moving it to a more secure storage solution,…
[ad_1] Hundreds of investors asked a federal judge to impose a life sentence on Celsius CEO Alex Mashinsky for his role in the crypto lender’s 2022 collapse. Celsius Network investors are calling for a life sentence for co-founder and former chief executive Alex Mashinsky, who pleaded guilty to fraud charges after the crypto lender collapsed in 2022. In a court filing this week, prosecutors submitted more than 200 victim impact statements ahead of Mashinsky’s May 8 sentencing, Bloomberg has learned, adding that most urged the court to impose the harshest sentence allowed by law. “The very essence of cryptocurrency, along…
[ad_1] HTX, formerly Huobi, has used one of its wallets to register for the dinner that Donald Trump is offering to the largest investors in his $TRUMP memecoin. The event will be hosted at one of the president’s clubs and will be available to the 220 largest investors in his token, raising obvious concerns about paying for access to the president of the United States. The largest 25 holders will also receive a “private VIP reception with President Trump.” The exchange has registered with the “Sun” username for the event, using the 8NBEbxLknGv5aRYefFrW2qFXoDZyi9fSHJNiJRvEcMBE Solana address, as highlighted by Arkham Intelligence.…
[ad_1] Bitcoin ($BTC) has recently witnessed a notable shift when compared with the traditional finance. As per the data from OKX Ventures, Bitcoin has formally decoupled from the stocks market in the United States while strengthening its correlation with the precious metal gold. The prominent crypto exchange OKX’s investment arm offered insights into the latest shift in the Bitcoin market. Bitcoin is decoupling from the trend of U.S. stocks, having notably diverged from the S&P 500 and Nasdaq over the past seven days, with the correlation continuing to decline (S&P: 0.68→0.27). Meanwhile, its correlation with gold has strengthened (0.05→-0.51).#Bitcoin #GOLD…
[ad_1] Fundraising for sophisticated crypto investment vehicles has yet to fully experience the anticipated positive headwind of the Donald Trump presidency, according to a new report by the Crypto Insight Group. Momentum “remains positive but slower than [fund] managers anticipated under the new Trump administration,” the Hedge Fund Outlook 2Q25 report said. “Net inflows continue, yet the pace lags early-year projections as allocators calibrate risk budgets,” it added. The ostensibly pro-crypto position of the Trump administration brought about optimism across the digital asset industry of bullish momentum thanks to the increased regulatory clarity that was expected in the U.S. Hopes…
[ad_1] A new rival of Ethereum (ETH) is seeing a massive boost in price after gaining support from the world’s largest crypto exchange platform by volume. In a new announcement, Binance says it will officially add the layer-1 blockchain Initia (INIT) to its suite of products starting on April 24th, preceding a spike in price for the asset. INIT went from a low of $0.605 on April 24th to a peak of $0.921 just a few hours later. The digital asset has since retraced and is trading for $0.88 at time of writing, a 40.95% increase during the last 24…
[ad_1] In a sign of increasing regulatory scrutiny within South Korea, an appeals court has handed down a stiff seven-year prison sentence to a man, identified only as Hahm, convicted of running a fraudulent cryptocurrency investment scheme. As reported by The Hankyoreh, this ruling significantly increases Hahm’s original five-year sentence, emphasizing the seriousness of illegal fundraising activities, regardless of whether crypto or cash is involved. Here’s how the scheme operated: Between February and July 2023, Hahm and a partner held investment seminars across the country. They lured attendees with promises hard to resist – guaranteed principal protection and seemingly impossible…
[ad_1] Alchemy Pay, a popular entity enabling fiat-crypto payments solutions, has announced its latest collaboration with Decred, a prominent community-led crypto project. The partnership denotes a strategic move to make Decred’s native $DCR token widely accessible to users across the globe with fiat currencies. The platform revealed this initiative on its official social media account. 🤝We’ve partnered with @decredproject to bring easier access to $DCR! With #AlchemyPay’s On-Ramp, users can now buy $DCR directly using Visa, Mastercard, and more—across 173+ countries. Decentralized, community-led, and now just a few clicks away: https://t.co/X263ArkDw7… pic.twitter.com/C50BClbBrr — Alchemy Pay|$ACH: Fiat-Crypto Payment Gateway (@AlchemyPay) April…