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Pymnts

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Crypto Tokens Fall by 50% After Possible Trading Bot Glitch

  • Several cryptocurrency tokens experienced a drastic drop of up to 50% on the Binance trading platform.
  • Speculation suggests that a misconfigured trading bot may have caused the sudden price decline.
  • The drop in token prices coincided with Binance's announcement of changes in leverage requirements and margin tiers for perpetual contracts.
  • The decline in prices extended to other trading platforms, impacting both centralized and decentralized exchanges.

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Bitcoinist

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Bitcoin Whales Double Down On Accumulation Even As BTC’s Price Struggles To Recover

  • Bitcoin whales, large investors holding between 1,000 to 10,000 BTC, continue to accumulate the cryptocurrency despite its struggling price.
  • The number of whale wallet addresses has reached a new high, indicating confidence in Bitcoin's long-term potential.
  • Data shows 1,000 to 10,000 BTC whale wallet addresses have grown to 1,993, the highest level since December 2024.
  • Crypto analyst predicts Bitcoin could rally back to its all-time high of $109,000 in April, while large investors keep accumulating the asset.

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Insider

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Bitcoin is on the verge of flashing the feared 'death cross' sell signal

  • Bitcoin is nearing a 'death cross,' signaling potential pain ahead for the crypto.
  • A death cross occurs when an asset's 50-day moving average price falls below the 200-day average.
  • Past death cross events have led to declines, but not all result in major downturns.
  • Bitcoin is about to flash the dreaded 'death cross,' a technical sell signal that suggests the cryptocurrency could see a stretch of losses ahead.

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Coindoo

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Metaplanet Inc. Expands Bitcoin Holdings to 4,046 BTC

  • Metaplanet Inc. has expanded its Bitcoin holdings to 4,046 BTC.
  • The company made the latest purchase through cash-secured put options.
  • The acquisition of 696 BTC was made at a total cost of 10.152 billion yen.
  • Metaplanet's Bitcoin Treasury Operations are a key part of its financial strategy.

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Livebitcoinnews

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XRP Crashes 4.6% to $2.06 – Can $2.00 Support Hold?

  • XRP trades at $2.06, down 4.6% with selling pressure intensifying.
  • RSI indicates a possible bounce, but MACD remains bearish.
  • Low volume suggests weak buying interest at current levels.
  • XRP needs significant buying support to disrupt the downtrend.

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Cryptopotato

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Arthur Hayes Confident in $250,000 Bitcoin Amid Fed’s Policy Pivot

  • BitMEX co-founder Arthur Hayes predicts Bitcoin could surge to $250,000 by the end of 2025.
  • Hayes believes that the Federal Reserve will cave to pressure and resume quantitative easing (QE) to support the US economy.
  • He points to the possibility of an SLR exemption for banks, leading to a flood of liquidity in the market like Treasury QE.
  • Hayes sees Bitcoin as the "anti-establishment" asset that will benefit from the liquidity-driven tailwinds and the Fed's return to QE.

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Livebitcoinnews

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Musk Crushes Dogecoin Hopes for Efficiency Department

  • Elon Musk dashed hopes for Dogecoin to be part of the U.S. Department of Government Efficiency.
  • The Department of Government Efficiency is focused on reducing federal expenditures, not evaluating crypto options.
  • Musk aims to cut $1 trillion from the U.S. deficit by May with aggressive efficiency reforms.
  • The Department of Government Efficiency targets a 15% improvement in federal operations.

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Coin Telegraph

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Bitcoin price flips volatile as traders eye $84.5K breakout

  • Bitcoin (BTC) experiences volatility as traders monitor the possibility of a $84.5K breakout.
  • BTC/USD demonstrates rapid moves within a weekly trading range of around $83,000.
  • US stocks drop at open and gold decreases from all-time high as trade tariff talks raise market concerns.
  • Market observers look for stronger signals over momentum as BTC price action seeks to overcome resistance.

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Bitcoinist

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Ethereum Founder Buterin Funds Swiss Project With 274 ETH—What’s The Agenda?

  • Ethereum co-founder Vitalik Buterin donates 274 ETH to the Swiss project Zuitzerland.
  • Zuitzerland is an initiative based on Buterin's previous Zuzalu experiment, focusing on collaboration and engagement in technology and decentralized governance.
  • Buterin funded the donation by selling tokens received as gifts from other projects.
  • This is not the first time Buterin has sold tokens for charitable causes, demonstrating his support for community-led initiatives.

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TronWeekly

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ADA Price Eyes Breakout as Hoskinson Plots Bold Bitcoin-Cardano Move

  • Charles Hoskinson reveals Cardano's plan to integrate Bitcoin with decentralized finance through Cardano's network structure.
  • Cardano aims to build a trustless bridge for Bitcoin DeFi by utilizing its Hydra scaling and the Bitcoin Lightning Network.
  • ADA price experiences a mild comeback, rising 1.5% to $0.673, with technical indicators suggesting a potential recovery.
  • ADA forms resistance at $0.685 against support around $0.650, creating a constrained trading zone for investors.

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Cryptopotato

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Bitcoin, Ether Post Worst First Quarter Performance in 7 Years

  • Bitcoin (BTC) and Ethereum (ETH) have posted their worst first quarter performance in nearly a decade.
  • Bitcoin's Q1 2025 performance was the weakest since 2018, with an 11.82% decline and negative returns in March.
  • Ethereum's performance was even worse, with a 45.41% decline and negative returns for the past three months.
  • Other altcoins, including meme coins, also performed poorly, with many down 80% from their all-time highs.

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Pymnts

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Treasurers Embrace Bitcoin and Gold as Capital Allocation Enters Innovation Era

  • Treasurers are embracing bitcoin and gold as capital allocation strategies in the innovation era.
  • Gold's price surge has led central banks and organizations to buy up the precious metal.
  • Digital assets, like bitcoin, are also being considered as innovative investment options.
  • Treasurers are focusing on strategic thinking and leveraging new opportunities while managing risk.

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Insider

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Now the Trumps are getting into bitcoin mining

  • Eric and Donald Trump Jr. are launching American Bitcoin with Florida company Hut 8.
  • The venture aims to be an efficient bitcoin miner and plans to build a strategic bitcoin reserve.
  • Hut 8 will own an 80% stake in American Bitcoin, with American Data Centers holding the remainder.
  • Last month, Donald Trump signed an executive order for a strategic bitcoin reserve and a digital asset stockpile.

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Bitcoinsensus

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AAVE Bounces, But Whale Sell-Off Signals Weak Confidence in DeFi Rally

  • AAVE surged 6.98% daily but remains down 10.97% on the week and 12.89% on the month.
  • A whale investor deposited 73,501 AAVE worth $12.51M to FalconX since March 19, reducing holdings to 37,425 AAVE while securing a total estimated profit of $12.46M.
  • Traders are watching the whale’s next move as AAVE faces selling pressure despite ranking as the second-best performer among major DeFi lending competitors.
  • AAVE lost over 62% in value since reaching a 3-year high of $398 per token in November 2024, signaling a bearish market for altcoins.

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TheNewsCrypto

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Metaplanet Expands Bitcoin Stash with Another Major Purchase

  • Japanese investment firm, Metaplanet Inc., has acquired an additional 696 BTC through options.
  • The total Bitcoin holdings of Metaplanet now stand at 4,046 BTC, worth $340 million.
  • Metaplanet executed the purchase at an average price of ¥14,586,230 ($97,512) per BTC, spending ¥10.15 billion ($67.9 million).
  • The company aims to increase its Bitcoin holdings to 10,000 BTC by the end of 2025 and 21,000 BTC by 2026.

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