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Crypto
Bitcoin to $250K in 2025 ‘totally possible’ — crypto analyst Scott Melker
Bitcoin’s next explosive move could send the asset to $250,000 by the end of 2025, according to Scott Melker, a crypto analyst and host of The Wolf of All Streets podcast.Speaking in a recent interview, Melker cited growing institutional…
How the imageboard moves crypto markets
After 4chan was hacked on April 14 and vast troves of user and moderator data were leaked online, the controversial website quickly went down, and many believed it would never recover. However, less than two weeks later, the imageboard was…
Deribit eyes US expansion under crypto-friendly Trump admin: FT
Deribit, the world’s largest crypto options exchange, is weighing an entry into the US market, encouraged by what it sees as a friendlier regulatory climate under President Donald Trump’s administration, according to a recent Financial…
DeFi Development seeks $1B to boost Solana investments, expand treasury
DeFi Development Corp (formerly Janover) aims to raise over $1 billion worth of capital to invest in Solana, the industry’s sixth-largest cryptocurrency by market capitalization.The Nasdaq-listed firm, previously a real estate financing…
Crypto, DeFi may widen wealth gap, destabilize finance: BIS report
The growing adoption of cryptocurrencies may pose risks to the traditional financial system and exacerbate wealth inequality, according to the Bank for International Settlements (BIS).In an April 15 report, the BIS warned that the number of…
NFT trader sells CryptoPunk after a year for nearly $10M loss
An investor has sold a CryptoPunk non-fungible token (NFT) at a nearly $10 million realized loss, reflecting the continued decline in the once-booming blue-chip NFT market.A whale, or large cryptocurrency investor, sold a CryptoPunk NFT for…
Bitcoin holds firm as stocks lose $5T in record Trump tariff sell-off
Bitcoin is gaining renewed attention as a hedge against financial instability after holding relatively steady during a record-breaking stock market downturn that saw $5 trillion wiped from the S&P 500.The S&P 500 posted a $5…
Sonic Labs ditch algorithmic USD stablecoin for UAE dirham alternative
Sonic Labs has canceled plans to launch a US dollar-pegged algorithmic stablecoin, opting instead to develop a United Arab Emirates dirham-denominated alternative.On March 22, Sonic Labs co-founder Andre Cronje said the company was working…
Here’s what happened in crypto today
Today in crypto, crypto analysts anticipate continued pressure owing to trading wars until April. Tether is in discussions with a Big Four accounting firm to conduct a full financial audit. Meanwhile, the US Treasury Department has…
Bitcoin’s megaphone pattern, explained: How to trade it
Key takeawaysThe Bitcoin megaphone pattern features at least two higher highs and two lower lows, forming an expanding structure.Connecting these highs and lows with trendlines creates a megaphone-like appearance, reflecting market…