Bitcoin Demand Rebounds After Market Crash
Bitcoin’s price rebounded to $69,374.77 as the Coinbase Bitcoin Premium Index improved from -0.22% to -0.05%, indicating selective U.S. buying amid cautious market conditions. #Update #Crypto $BTC
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Bitcoin’s price rebounded to $69,374.77 as the Coinbase Bitcoin Premium Index improved from -0.22% to -0.05%, indicating selective U.S. buying amid cautious market conditions. #Update #Crypto $BTC
Former House Financial Services Chair Patrick McHenry predicts a crypto market structure bill could reach the president by Memorial Day, with stablecoin yield as the main unresolved issue. #Update #Crypto
Morgan Stanley initiated coverage of bitcoin mining companies, recommending @Cipher and @TeraWulf while advising caution on @MarathonDigital due to higher risks tied to bitcoin exposure. #Update #Crypto $BTC
@Farcaster co-founders Dan Romero and Varun Srinivasan join stablecoin startup Tempo, pivoting from social media to blockchain payments after Neynar’s acquisition. #Update #Crypto $USDC
Aptos ($APT) dropped 9.4% and NEAR Protocol ($NEAR) fell 8%, contributing to a decline in the index, while Bitcoin Cash ($BCH) was the only gainer, rising 3.4%. #Update #Crypto $APT $NEAR $BCH
Kris Marszalek, CEO of @Crypto.com, acquired ai.com for a record $70 million in cryptocurrency, doubling the previous domain purchase record. The platform features autonomous AI agents. #Update #Crypto $CRO
@StoryProtocol co-founder SY Lee defends the six-month delay for IP token unlocks, emphasizing a focus on AI data licensing and offchain revenue strategies amid concerns over current zero onchain income. #Update #Crypto
@Tether’s gold reserves reached 148 tonnes valued at $23 billion, surpassing several countries. The firm plans to allocate 10%-15% of its portfolio to gold, amid rising demand. #Update #Crypto $USDT
Japan’s Nikkei 225 hit a record 57,000 with a 3.4% gain after Prime Minister Sanae Takaichi’s election win, boosting bitcoin to $72,000 and gold past $5,000. #Update #Crypto $BTC
Bitcoin’s price dropped below $76,000 as bears celebrate, with the Financial Times’ Jemima Kelly stating it’s “still about $69,000 too high.” Investor interest in Tether also wanes. #Update #Crypto $BTC
CoinDesk’s Consensus Hong Kong conference starts Wednesday, featuring speeches from Chief Executive John KC Lee and discussions on stablecoins and tokenization. Key regulatory figures will participate. #Update #Crypto $USDT
@BlockInc may cut up to 10% of its workforce amid a business overhaul, affecting hundreds of employees. Fourth-quarter earnings are expected at $403 million. #Update #Crypto $BTC
M2M payments are set to revolutionize the economy by enabling continuous, autonomous transactions between machines, similar to how electricity transformed industry. #Update #Crypto $BTC
@Citigroup lowers Coinbase (COIN) price target to $400 from $505, citing reduced trading volumes and regulatory uncertainty; analysts expect a GAAP EPS loss of $2.64 for Q4 2025. #Update #Crypto $COIN