Bitcoin exchange buying is back as ‘Spoofy the Whale’ lifts $90K asks

Key points: Whales on Binance join Coinbase in adding BTC exposure as Bitcoin recovers above $90,000. The Coinbase premium is back in the green amid a broad risk-asset relief rally. Resistance attributed to an entity dubbed “Spoofy the Whale” at $90,000 disappears. Bitcoin (BTC) has fresh whale buying pressure across major exchanges as large-volume investors … Read more

IMF Cuts Global Growth Forecasts as US Tariffs Lead to Significant Economic Downgrade

The International Monetary Fund (IMF) has revised its global economic growth forecasts for 2025, projecting an increase of just 2.8%, down from a previous estimate of 3.3%. This downgrade is primarily attributed to rising tariffs and heightened uncertainty in international trade, which are expected to significantly slow economic activity. Among advanced economies, the United States … Read more

Ethereum Foundation Shifting Focus to ETH Scaling and User Experience, Says Executive Director

Vitalik Buterin will be stepping away from the day-to-day coordination of the Ethereum Foundation. Tomasz K. Stanczak, the co-executive director of the foundation, says recent changes in leadership will free up the ETH co-creator’s time “for research and exploration” rather than crisis response. “Each time Vitalik shares insights or communicates a direction, he accelerates major … Read more

$74.5M short positions placed after BTC hits $92K

Whale buys $91M in BTC as retail shorts stack up, setting up a potential short squeeze. Bitcoin hits $93K with strong momentum, but RSI hints at possible exhaustion near-term. Bitcoin [BTC] has surged past the $90,000 mark again, trading at $93,556 at press time. This was fueled partly by accumulation from deep-pocketed whales, even as … Read more

Is It Casting a Shadow Over Solana’s Price Action?

The Solana community has been working tirelessly over the past several months, conducting a seemingly non-stop parade of updates and announcements that have resulted in a substantial increase of developer engagement, user adoption, and new applications on the chain. Still, there’s a nagging worry that observers can’t help but notice: consistent and heavy $SOL selling … Read more

Binance tightens South African compliance rules for crypto transfers

Binance is set to implement new compliance measures for South African users, requiring sender and receiver information for all crypto deposits and withdrawals. In an announcement on April 23, the largest exchange in terms of daily trading volume of cryptocurrencies said the move comes in response to local regulatory demands. Starting April 30, Binance users … Read more

Binance tightens South African compliance rules for crypto transfers

Binance is set to implement new compliance measures for South African users, requiring sender and receiver information for all crypto deposits and withdrawals. In an official announcement on April 23, the largest cryptocurrency exchange in terms of daily trading volume of cryptocurrencies said the move comes in response to local regulatory demands. Starting April 30, … Read more

SEC charges CEO with nearly $200m crypto fraud scheme

The Securities and Exchange Commission accused PGI Global’s CEO of orchestrating an international scheme that raised $198 million under false crypto exchange claims. The Securities and Exchange Commission has charged Ramil Palafox, CEO of PGI Global, with orchestrating a $198 million international fraud scheme tied to crypto and forex trading, alleging he misused over $57 … Read more

Bitcoin Reclaims $94,000, Rising 6.2% in 24 Hours

Bitcoin ( BTC) has reclaimed the $94,000 price level, rising 6.2% in the last 24 hours and 12.9% over the past week. This increase reflects a positive shift in market sentiment as the top cryptocurrency continues to attract attention from investors as digital gold. The recent price movement underscores bitcoin’s appeal amid fluctuations in other … Read more