Bitcoin Dips Below Holder Cost Basis
Bitcoin trades below short-term holder cost basis of $78,900 as 23,000 options worth $1.74B expire on Deribit with a put-call ratio of 1.10. #Update #Crypto $BTC
Crypto
Ethereum Holds Steady Amid 65% Market Crash
CryptoCred warns that crypto’s market structure may no longer offer broad upside, citing deteriorating market quality and liquidity. He emphasizes the need for precision in trading. #Update #Crypto
XRP Quantum Safe 23B Tokens Analyzed
Ripple’s escrow accounts may face quantum threats, with 36.60B $XRP at risk unless key management improves; 23.16B $XRP is already quantum-safe. #Update #Crypto $XRP
Crypto CEO Banned After $4.7B Crash
Celsius founder Alexander Mashinsky, responsible for the $4.7 billion 2022 crypto crash, is banned from crypto as part of a $10 million FTC settlement while serving a 12-year sentence.
Meta Launches Stablecoin Payouts in Philippines
Meta pays creators $3B in 2025, a 35% increase, introducing USDC payouts on Solana and Polygon in Colombia and Philippines. #Update #Crypto $USDC
Bitcoin Faces $80K Derivatives Barrier
Bitcoin ($BTC) remains below $80,000, hindered by options market positioning at $80K on Deribit, with significant call expiries in May. #Update #Crypto $BTC
Bitcoin Losses $200M Did Hyperliquid Prevent
Galaxy Digital reports a $216M Q1 loss amid crypto market contraction, but CEO Novogratz credits Hyperliquid for mitigating further losses. $BTC price action and macroeconomic factors remain concerns. #Update #Crypto
Bitcoin Launches Colombian Pension Access
Porvenir launches a Bitcoin investment product for young Colombians, using BlackRock’s iShares Bitcoin Trust with a low entry of COP100,000 (~$25). #Update #Crypto $BTC
Trump Memecoin Crashes Crypto Credibility
html h3 tagTrump Memecoin Gala Leaves Crypto Battling Fresh Credibility Crisis. #Update #Crypto Memecoin
Bitcoin Buying Spree: Saylor Hints Again
Michael Saylor’s @MicroStrategy secures $18M from Saturn to bolster its Bitcoin holdings, despite STRC trading below par. Critic Peter Schiff labels it a “Ponzi.” #Update #Crypto $BTC
Dogecoin Surges as Triangle Pattern Emerges
Crypto analyst Trader Tardigrade identifies a pattern in $DOGE’s monthly chart suggesting a potential price surge, predicting a rise to $2.4 if the pattern holds. #Update #Crypto $DOGE
BONE Network Surges: 93K Holders Milestone
BONE Network sees a surge, reaching 93,000 holders after a significant weekly increase. #Update #Crypto
XRP Signals Imminent 10 Percent Rally
Buyers accumulate 360M $XRP as MACD turns bullish, signaling potential 10% rally despite resistance at $1.45; regulatory clarity boosts investor confidence. #Update #Crypto $XRP
Ethereum USDT Freezes Expose Decentralization Myth
Crypto pundit Star claims decentralization is a myth as $344M USDT was frozen by Tether on TRON, and Arbitrum froze 30,766 ETH linked to Kelp DAO exploit. #Breaking #Crypto $USDT