Large cryptocurrency holders and options market participants are positioning for a significant Bitcoin reversal, aiming for a price near $80,000. The fragile ceasefire in Iran is generating optimism about a potential supply squeeze, which could trigger a breakout in Bitcoin’s price.
Bitcoin, Ethereum and Ripple are down as the crypto rally stalls, and ONDO is among the worst of the top‑100 tokens. The coin dropped 6 % in 24 hours and now heads toward the $0.2400 support. Market sentiment is strained by uncertainty over the US‑Iran cease‑fire deal. Derivatives show heavy long liquidations, with CoinGlass reporting $99,730 liquidated in the past day, $93,410 of which were longs. Open interest fell about 5 % to $86 million, indicating reduced retail activity. The funding rate turned negative (-0.0007 %) and the long‑short ratio slid to 0.9342, confirming a bearish tilt. ONDO trades below its 50‑day EMA at $0.2700, while the 100‑day ($0.3186) and 200‑day ($0.4420) EMAs sit well above price, forming a downtrend. RSI is 48 and MACD remains negative, pointing to continued weakness. A sustained sell‑off could retest the Feb 9 low of $0.2405 or the Feb 6 low of $0.2018, with a break under $0.2000 heightening risk.
A single entity opened roughly $15 million in long positions on FART across four wallets, amassing over 145 million tokens. The funds originated from Binance and Bybit and were linked to a previous XPL squeeze. By targeting Hyperliquid’s low‑liquidity market, the attacker pushed the price up about 20 % from $0.20 to $0.2476 on April 8. At the height of the scheme the combined unrealized gain was around $1.3 million. Instead of closing the longs, the manipulator let them be liquidated, triggering Hyperliquid’s Auto‑Deleveraging (ADL) safety net. ADL forced short traders to exit and left the platform’s liquidity pool (HLP) holding a $13 million long position in a collapsing market. One wallet exited beforehand with a $512 k profit, while the primary attacker showed a $3 million paper loss. Analysts suspect the attacker hedged elsewhere and walked away with a net profit despite the loss on‑chain. HLP is estimated to have lost about $1.5 million in the following 24 hours, and FART’s price fell 10 % from its manipulated peak. Hyperliquid’s HYPE token proved more resilient, dropping only 0.4 % in 24 hours and gaining over 10 % in the past week. The episode underscores the risk of extreme price‑impact strategies in thin markets and the role of ADL in protecting platform solvency.
XRP trades around $1.33, staying in a tight consolidation after months of uncertainty. The optimism for an April rally relies on a 2021 outlier, not on consistent patterns. Historically, April has been weak for XRP, and a repeat of the 170% surge is unlikely. Nevertheless, XRP has marginally outperformed Bitcoin in recent steady gains. Ripple’s $2.4 billion infrastructure, anchored by fiat systems and the RLUSD stablecoin, underpins its potential. Real expansion depends on clearer regulations and direct bank adoption of XRP. Such adoption could generate substantial demand and reshape market dynamics. Investors are watching for regulatory signals that could unlock this growth. XRP holds a bullish Monthly Supertrend, keeping a possible rally to $1.80–$2 within sight. Upcoming Federal Reserve updates and SEC developments may trigger a breakout. The price is stable, but the decisive catalyst has yet to arrive. Patience is essential as the asset positions for meaningful upside.
South Korean regulators FSC, FSS and DAXA will enforce a single crypto‑withdrawal delay system for all licensed exchanges. The rule aims to curb fast‑track voice‑phishing scams that exploit immediate transfers. Standardized criteria replace the previous exchange‑by‑exchange loopholes. Withdrawals must be held 24–72 hours after a deposit, creating a buffer for banks and supervisors to flag suspicious activity. Exemptions—based on account age, trading volume, or misconduct history—were previously applied inconsistently. The new framework caps exempt accounts to under 1 % of users and tightens KYC and source‑of‑fund checks. Regulators will conduct continuous account reviews, including annual verification of fund origins for exempt users. A systematic tracking system for withdrawal patterns will be required across all exchanges. Immediate withdrawals remain possible only for genuine settlement needs. The cooling‑off period dampens rapid arbitrage and pushes scammers to abandon multi‑exchange setups. Traders may shift toward long‑term positions, derivatives on regulated platforms, or offshore liquidity pools. If fraud rates drop, other high‑risk jurisdictions could adopt Korea’s model as a best practice.
Blockchain is a decentralized ledger that records transactions transparently and immutably. Cryptocurrencies like Bitcoin and Ethereum rely on this technology to function without a central authority. Knowing terms such as market cap, private key, and gas fee helps beginners navigate the space safely. A crypto wallet stores private keys, not coins, and comes in hot (software) and cold (hardware) forms. Choose a wallet that matches your transaction frequency, download it from official sources, and write down the recovery phrase offline. Enable 2FA and test with a small transfer before moving larger amounts. Start with established assets—Bitcoin and Ethereum—because they offer liquidity, credibility, and extensive support. Evaluate market cap, volatility, project credibility, and trading volume before adding other coins. Use a reputable exchange, complete KYC, fund the account, buy the selected coins, and promptly withdraw to your personal wallet. Monitor your portfolio regularly, keep wallet software updated, and track tax obligations with tools like Koinly. Avoid chasing hype; long‑term holding of solid assets outperforms complex strategies for most newcomers. Continuous learning and disciplined security habits are key to sustainable crypto success.
A pseudonymous analyst alleged that Ripple CEO Brad Garlinghouse knows the “real” price of XRP, sparking a fresh wave of speculation. The claim circulated widely on X, reviving doubts about leadership transparency. It suggests insiders may anticipate market movements long before prices adjust. XRP supporters reacted with skepticism, criticism, and curiosity. Some dismissed the idea, insisting current prices reflect true market value, while others voiced frustration over XRP trading near $1.30 despite ecosystem growth. Critics also linked Garlinghouse’s incentives to Ripple’s corporate valuation rather than the token’s price. XRP’s core appeal lies in its role as a bridge asset for fast, low‑cost cross‑border payments targeting banks and financial institutions. Nevertheless, its market price has not kept pace with perceived utility, prompting debates on whether the token is undervalued or adequately priced. Analysts point to liquidity, demand, and macro conditions as primary price drivers. The notion that Garlinghouse possesses secret pricing insight reflects investor sentiment more than factual evidence. Executive optimism can shape market perception, yet no proof confirms insider knowledge of future price trajectories. This episode illustrates how crypto investors often chase hidden signals when performance lags expectations.
Despite a geopolitical "risk‑on" boost, crypto markets stay range‑bound. Bitcoin hovers around $71,200. Altcoins such as MANA and AERO are showing strength.
SOL has slid about 3% in the last 24 hours, trading near $82 after failing to break a key resistance. The broader crypto market turned bearish following a strong weekly start. This price drift reinforces a short‑term downtrend for Solana. Spot SOL ETFs recorded a $1.92 million outflow on Wednesday, the largest single‑day withdrawal since launch. The previous day saw a $15.4 million pull‑out, indicating weakening institutional appetite. Continued outflows could push SOL toward the $78 support zone. CoinGlass shows a long‑to‑short ratio of 0.96, below one, reflecting bearish positioning. Funding rates turned negative at –0.0003 %, meaning shorts are paying longs. These metrics suggest further downside pressure. The 4‑hour chart has broken below the 50‑day EMA, with RSI hovering around 53 and MACD only mildly positive. Immediate resistance lies near $86.7 and $88.1, while the first major support is $77.1; a break could target $67.5. A sustained decline may see SOL dip below $80 if bearish momentum holds.
The Ethereum Foundation has started turning 5,000 ETH, valued at roughly $11 million, into stablecoins through Cowswap’s TWAP mechanism. This step aims to fund its operations and grant programs while minimizing price disruption. It also signals a broader move away from regular ETH sales toward more varied financing approaches.
Cardano is showing a structural shift after a prolonged downtrend. The 24‑hour price gain exceeds 7%, taking ADA to $0.262, about 19% above recent support. This rise mirrors Bitcoin’s recovery and suggests a more sustained trend change on higher timeframes. A weekly double‑bottom has formed around $0.2205, confirming strong demand at that level. The first bottom appeared in June 2023 and the zone held again earlier this year. Repeated defense of this price points to the emergence of a long‑term base. Since mid‑2025 ADA has been trading inside a falling wedge, with converging lower highs and lower lows. The price is now approaching the wedge’s upper trendline. A decisive breakout above this line would indicate a shift to a new expansion phase. Fibonacci extensions project near‑term resistance at $2.03 (61.8%) and $3.16 (100%). A longer‑term target of $5 (161.8%) implies an 1,800% upside if the breakout confirms. These levels combine the implications of both the double bottom and the wedge.
Bhutan has transferred an additional 319 BTC. This transaction brings its total BTC holdings to over 9,000 BTC since late 2024. This action represents a reduction of roughly 70% in the country's sovereign BTC reserve.
On Wednesday, STRC recorded a trading volume of $333 million while its price held steady at $100. Strategy allocates the funds generated by STRC to acquire additional bitcoin for its reserve holdings. The full story, titled “STRC trading volume rises amid consistent price stability,” was originally published on COINTURK NEWS.
Coinbase chief executive Brian Armstrong maintains that fluctuations in Bitcoin’s price are not the primary consideration behind Morgan Stanley’s decision to use Coinbase for its Bitcoin Trust.
Polymarket's 5‑minute prediction markets have exploded, generating over $153 million average daily volume, $4 billion total, and $200 million in the first week—a roughly 400 % surge. Chainlink Data Streams on Polygon deliver sub‑second price feeds that power this rapid growth. More than 3,000 traders are active, and LINK reserves on exchanges are falling as demand climbs. Standard oracles for hourly or daily markets tolerate latency, but 5‑minute markets require sub‑second accuracy or risk manipulation. Chainlink supplies timestamped price reports and Automation triggers contract settlement, USDC payout, and resolution without human intervention. This eliminates centralized price feeds and cuts manipulation vectors. The Convergence Hackathon showcased Chainlink’s Cross‑Chain Interoperability Protocol (CCIP) through Liquid Chain’s unified liquidity layer, enabling seamless asset movement across Layer‑2 networks. CCIP’s messaging backbone removes slippage, delay, and trust issues, attracting institutional interest. Focus on real‑world assets and DeFi automation underscores Chainlink’s role in building the next DeFi infrastructure.
World Liberty Financial entities deposited roughly $484 million of WLFI governance tokens into Dolomite as collateral to borrow USDC. WLFI has minimal on‑chain liquidity and its value is largely political, so liquidating that amount would crash its price. This creates a leveraged position that functions as a liquidity time bomb. If WLFI’s price drops, the collateral falls below the USDC debt, leaving Dolomite with unrecoverable bad debt. The protocol’s liquidation engine cannot sell enough WLFI, so lenders risk total loss. USDC lending rates have risen to about 13.5 %—a distress signal, not genuine yield. DOLO’s market cap is about $15 million, far too small to cover a nine‑figure shortfall, and no insurance fund backs the exposure. A WLFI price collapse would trigger rapid liquidations, likely cratering the token within hours. Lenders must recognize the scale of this hidden risk.
Bitcoin's price is currently meeting strong resistance at $72,000, creating a supply wall. The asset has largely remained in a consolidation range since early February. Although there was a recent rebound above this resistance, market signals suggest this upward movement might be a false breakout. Maintaining this level is crucial for bulls to continue their upward trajectory. Analysis points to a lack of strong bullish conviction supporting the recent price recovery. Low spot liquidity inflows contribute to bearish indications across several crypto pairs. Experts note that weak spot demand limits the momentum, even if institutional flows show modest improvement. Consequently, sustaining momentum is difficult without rising trading volume. A full recovery toward the True Market Mean of $78,000 faces significant selling pressure from short-term holders. This higher resistance zone includes the collective breakeven point for recent buyers, set near $81,600. If selling pressure persists and volume remains low, Bitcoin may decline sharply. The potential downside aligns with a drop toward $54,000, matching its realized price average.
Trading in Treasury bonds has surged as investors reassess the probability of forthcoming interest‑rate reductions, reflecting a shift in monetary‑policy expectations. The Dow Jones and the broader U.S. equity market are showing signs of a bullish resurgence after the U.S.–Iran ceasefire, with short‑selling patterns now indicating a tilt toward higher price levels. Three items deserve attention on Thursday: upcoming economic data releases, scheduled corporate earnings reports, and any geopolitical developments that could influence market sentiment. A South African analyst observes that the ceasefire has propelled stocks upward, yet lingering risks remain underneath the rally and could temper the gains.
Delo’s contribution to Reform UK arrives as discussions intensify over the influence of cryptocurrency donations in the United Kingdom’s political financing landscape.
Canary Capital Group filed with the SEC to launch an exchange‑traded fund that tracks PEPE, an Ethereum‑based meme coin. The product would give investors direct exposure to PEPE in a regulated vehicle. The filing follows earlier proposals for other niche tokens such as Mog Coin and Pudgy Penguins. The proposed Canary PEPE ETF would hold the PEPE token itself, similar to existing spot crypto ETFs. Shares would be issued in baskets of 10,000 units, with up to 5 % of assets retained in Ethereum to cover transaction fees, not for investment. Details on the listing exchange, benchmark, or custodian were not disclosed. Investor demand for meme‑coin ETFs remains weak; Dogecoin is the only meme coin with active U.S. ETFs and total net inflows are modest at $7.64 million. Daily trading volume across these funds hovers near $209 000, reflecting limited enthusiasm. The PEPE filing generated little price movement, indicating cautious trader sentiment. At the time of reporting, PEPE traded around $0.000000348, down 5.59 % in 24 hours. The muted reaction underscores the slow adoption of meme‑coin ETFs despite ongoing product experimentation. Future uptake may depend on broader market confidence in niche digital assets.
The crypto market slipped after Tuesday’s rally, with Bitcoin trading under $71,000 and Ether near $2,100. XRP sits at $1.33, 3.5% lower in 24 hours, after failing to break the $1.40 resistance. The dip follows heightened tension from Iran’s claim that the US and Israel violated the cease‑fire in Lebanon. Despite being the worst‑performing top‑10 coin, XRP ETFs saw a $3.32 million inflow on Tuesday, keeping cumulative inflows at $1.21 billion and AUM at $921.57 million. No new inflow arrived Wednesday as markets paused over the Middle‑East situation. Continued ETF buying could improve sentiment and aid a price recovery. Retail demand for XRP has eased slightly, while futures open interest fell to $2.38 billion from $2.50 billion. An increase in open interest would signal stronger risk appetite and could lift the price in the near‑to‑medium term. Sustained OI growth supports a durable uptrend. The 4‑hour chart remains bearish; MACD sits in a neutral zone and RSI hovers just above 50, indicating fading bullish momentum. Resistance sits at the 50‑day EMA around $1.42, with a break needed to reach $1.45, $1.58 (100‑day EMA) and $1.84 (200‑day EMA). If sellers hold, support lies at $1.32, then $1.28 and $1.25 for deeper retracements.
Bithumb has petitioned a court to obtain an order concerning more than $8 million worth of Bitcoin that was not returned after a payout error. The exchange aims to resolve the dispute through legal channels. The erroneous payment has triggered both legal and technical challenges, increasing scrutiny of cryptocurrency platforms. The story was initially reported by COINTURK NEWS.
A new prototype created by Lightning Labs chief technology officer Olaoluwa Osuntokun could allow Bitcoin users to recover funds if quantum‑computing threats require substantial network changes. The tool addresses a critical vulnerability in proposed emergency upgrades. Lightning Labs’ CTO built the prototype to safeguard Bitcoin wallets from quantum risk, and tests demonstrate its effectiveness.
