Key Takeaways: Bitcoin short-term holders are back in profit, increasing chances for a rally to $100,000. Long-term holders added 363,000 BTC since February, with new buyers injecting capital in April. Bitcoin sell pressure risk exists at $97,000, where 392,000 BTC could be sold. Bitcoin’s (BTC) surge above $91,700 on April 22 pushed its value above … Read more
Key Points: Main event: Gate.io experiences platform malfunction affecting asset displays during upgrades. Concise takeaway: High traffic impacts contract asset visibility, prompting system changes. Additional impact: Users question reliability amid ongoing system challenges. Gate.io Exchange Faces System Malfunction Amid High Traffic Gate.io reportedly faced a system malfunction affecting contract position displays and account asset balances. … Read more
Officials with the US Securities and Exchange Commission’s (SEC) crypto task force met with the El Salvador National Commission on Digital Assets (CNAD) to discuss regulation and a proposed cross-border sandbox. In an April 22 memo, the SEC’s crypto task force reported meeting with officials from El Salvador, Perkin Law Firm, and former Goldman Sachs … Read more
Binance to revise crypto deposit and withdrawal processes in South Africa to comply with local regulations. Binance users in South Africa will be asked to provide further details while transferring crypto from April 30. Binance, the largest crypto exchange, announced on April 23 that it will gradually introduce changes to crypto withdrawals and deposit procedures … Read more
President Donald Trump will gather the top 220 holders of his TRUMP meme coin for an exclusive gala at his private Washington, D.C., golf club on May 22. May 22 Gala Brings President Together With TRUMP Top Holders The invitation, posted on gettrumpmemes.com, extends black-tie optional attire for attendees at Trump National Golf Club in … Read more
Ethereum ETFs are once again in good stead, with $38.74 million flowing in on April 22. Due to this, Ethereum has halted a 10-day period of money exiting as ETH regained the $1,800 price point. This reversal in fund flows is concurrent to Ethereum’s 5% rally in the last 24 hours. It also pressured short … Read more
Aleph.im, a leader in decentralized infrastructure, has rebranded as Aleph Cloud and is launching a new startup accelerator program. Aleph.im’s rebrand as Aleph Cloud signifies its transformation into a full-stack decentralized cloud provider, as confirmed in an exclusive interview with crypto.news. Announced on April 23, the rebrand reflects the company’s expanded product suite, including decentralized … Read more
Luxury hospitality platform Dorsia is rolling out crypto payments for clients in the United States, the United Kingdom, Europe, and six Arab nations. The payments feature is being enabled through a partnership with MoonPay, the companies told Cointelegraph. With the integration, users will be able to book luxury travel experiences and complete transactions directly in … Read more
Key points: Bitcoin’s rally is backed by solid institutional buying in the spot BTC ETFs. A rally above the $95,000 level could be difficult, but analysts’ end-of-year price projections now extend to $200,000. Select altcoins are showing signs of a price bottom. Bitcoin (BTC) price rallied close to the $95,000 resistance level on April 23 … Read more
United States Treasury Secretary Scott Bessent recently called for “Bretton Woods institutions,” such as the International Monetary Fund (IMF), to reorient themselves, a signal that the global monetary order could be shifting. Speaking at the Institute of International Finance (IIF) on April 23, Bessent called on the IMF and the World Bank to correct trade … Read more