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Cryptocurrency News
Blockonomi
1w
260
Image Credit: Blockonomi
El Salvador Purchases 5 Bitcoin as Price Drops to $83,000
- El Salvador acquired 5 Bitcoin worth $415,000 during a price decline to $83,000 on Monday night ET. The purchase was confirmed through Arkham Intelligence data.
- The Central American nation now holds 6,100 Bitcoin in total. This amount is currently valued at approximately $510 million.
- El Salvador has kept to its strategy of purchasing one Bitcoin daily. This practice has been ongoing since November 2022.
- President Nayib Bukele is expanding beyond cryptocurrency investments. He recently held meetings with Ben Horowitz and Marc Andreessen, co-founders of a16z.
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TheNewsCrypto
1w
46
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ApeCoin (APE) Price Prediction 2025, 2026-2030
- The APE coin price predictions for 2025 range from a bullish $0.789 to $1.235 and a bearish $0.356, with a potential uptrend towards $5.
- ApeCoin (APE) is an ERC-20 token serving as the native utility token for the APE ecosystem, associated with Bored Ape Yacht Club (BAYC) NFTs and Otherside metaverse.
- APE holders have governance rights within the APE ecosystem and can use APE as a decentralized payment token across web3 dApps.
- Technical analysis indicates APE may reach resistance levels of $1.042 and $2.153 if the current trend continues or drop to $0.500 if there's a reversal.
- Support and resistance levels for ApeCoin in 2025 show Resistance Level 1 at $0.789, Resistance Level 2 at $1.235, Support Level 1 at $0.520, and Support Level 2 at $0.356.
- Technical indicators like RVOL, MA, and RSI suggest APE is in a bearish trend for 2025, with the 50-day Moving Average above the current price and RSI indicating near oversold conditions.
- By 2026-2030, APE price predictions range from a bullish $7 to $20 and a bearish $0.213 to $0.412, showcasing possible future price fluctuations.
- Comparison of APE with BTC and ETH reveals unique price movements, where APE's price inversely reacts to changes in BTC and ETH prices.
- Investors speculate that if market momentum remains positive, ApeCoin (APE) could surge to $5 and potentially surpass its current all-time high (ATH) of $39.40.
- Traders can find ApeCoin (APE) on exchanges like Binance, BlueBit, UEEx, OKX, and Bybit, experiencing varying price predictions between high bullish and low bearish scenarios.
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TheNewsCrypto
1w
294
Image Credit: TheNewsCrypto
Bybit CEO Says 77% of Stolen Funds From Bybit Hack Still Traceable
- Bybit CEO shared that 77% of stolen funds are still traceable while 20% went dark and 3% froze.
- On-chain data tracker Ember reported that the Byit hack laundered all the stolen funds, i.e., 499,000 ETH.
- Ben Zhou shared a complete breakdown of funds and their conversion into other cryptocurrency, 83% of the total hacked funds were converted into Bitcoin.
- Bybit CEO created a Lazarusbounty.com website to share details of stolen funds, with 11 bounty hunters assisting in freezing the funds.
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Blockonomi
1w
31
Image Credit: Blockonomi
Bybit Exchange Reports $1.4 Billion Cryptocurrency Theft and Laundering Operation
- Bybit exchange suffered a $1.4 billion hack in February 2025, with North Korea’s Lazarus Group reportedly laundering all 499,000 ETH within 10 days
- THORChain was the primary platform used for laundering, processing $605 million in 24 hours and collecting $5.5 million in fees during the process
- 20% ($280 million) of stolen funds have “gone dark,” while 77% remain traceable and 3% have been frozen
- Bybit launched Lazarusbounty.com and has paid $2.17 million to 11 bounty hunters for helping recover funds
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Coinpedia
1w
46
Image Credit: Coinpedia
Binance Lists GoPlus Security (GPS) Token, Adds to HODLer Airdrop Program
- Binance lists GoPlus Security (GPS) token for trading on its platform.
- GPS token will be available for trading against USDT, USDC, BNB, FDUSD, and TRY pairs.
- Binance includes GPS token in its HODLer airdrop program, rewarding BNB holders based on past BNB balances.
- GPS token surges by 16% following the Binance listing announcement.
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Blockonomi
1w
115
Image Credit: Blockonomi
Cardano (ADA) Price: Rockets 80% Higher After US Government Recognition
- Cardano (ADA) experienced an 80% price surge following the announcement of a 'US Crypto Strategic Reserve' that includes ADA.
- Trump clarified that Bitcoin, Ethereum, ADA, XRP, and Solana will be part of the reserve.
- ADA's trading volume and whale activity significantly increased, with whales purchasing over 420 million ADA in 24 hours.
- After the surge, ADA's price retraced to the $0.90 support zone, indicating normal consolidation after the sharp move.
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Crypto-News-Flash
1w
230
Image Credit: Crypto-News-Flash
These 5 US Economic Indicators Could Impact Bitcoin’s Price This Week
- Bitcoin's price is closely tied to U.S. macroeconomic data, and this week's key economic releases could significantly impact market sentiment and price movements.
- Strong employment data and Jerome Powell's hawkish stance may lead to selling pressure on Bitcoin due to expectations for higher interest rates.
- Five crucial reports and events to watch are the ADP Employment Report, Jobless Claims Report, Unemployment Rate, Federal Reserve Release, and Consumer Credit.
- These indicators can influence Bitcoin's price by reflecting economic strength or weakness, potential rate cuts or higher interest rates, and shifting investor attention towards traditional assets or alternative investments.
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Coinpedia
1w
350
Image Credit: Coinpedia
Crypto Market Crash Wipes Out $500B Amid U.S.-China Trade War Tensions
- The ongoing trade war between the U.S. and China is causing a significant drop in cryptocurrency values, with a $500 billion loss in just 24 hours.
- Investor fears, fueled by the trade war and Warren Buffett's criticism, are leading to a pullback from riskier assets like crypto.
- The upcoming White House Crypto Summit is a key event that could either stabilize or further disrupt the volatile crypto market.
- Bitcoin, Ethereum, Cardano, and Solana have all experienced significant declines in value as a result of the trade tensions.
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Coin Telegraph
1w
311
Image Credit: Coin Telegraph
How to build a ChatGPT-powered AI trading bot: A step-by-step guide
- AI trading bots leverage data analysis for instant trades, surpassing manual trading methods.
- ChatGPT-powered bots combine NLP and ML to consider sentiment, news, and technical indicators.
- Having a defined strategy is crucial for AI trading bots to excel in various market conditions.
- Continuous learning and adaptation refine bot strategies for optimized risk management.
- Backtesting and monitoring ensure bot profitability and risk mitigation in evolving markets.
- AI bots outperform manual trading by quickly analyzing data and executing trades.
- The speed, precision, and adaptability of AI bots are essential in today's fast-moving markets.
- AI bots scan vast market data, identify profitable opportunities, and execute trades instantly.
- Python is favored for AI trading bot development due to its libraries and tools.
- High-quality, real-time market data and effective data preprocessing are crucial for bot success.
- Training AI models to analyze patterns and predict price movements is key for trading bot efficiency.
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Crypto-News-Flash
1w
102
Image Credit: Crypto-News-Flash
Worldcoin Teams Up with RedStone to Enhance Data on World Chain
- Worldcoin partners with RedStone to enhance data on World Chain
- RedStone's Oracle system provides access to over 1,250 price feeds with Ethereum-level security
- The partnership aims to boost data availability and cost-effectiveness for DeFi applications on World Chain
- RedStone's RED token listed on Binance pre-market, with early access to 40 million tokens
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Blockonomi
1w
269
Image Credit: Blockonomi
Solana (SOL) Price: Why Solana (SOL) Pulled Back After Breaking $180 Resistance
- Solana's price surged 24.40% to $180 following Trump's endorsement for Strategic Reserve inclusion, but then dropped almost 20% to around $140.
- FTX and Alameda unstaked 3.03 million SOL tokens, valued at approximately $431.3 million, with 24,799 SOL already transferred to Binance for liquidation.
- Net inflows of $195.28 million, the largest since January 2025, were observed on exchanges at the time of the price drop.
- Despite the price decline, open interest in SOL derivatives increased 15.80% to $5.05 billion, indicating continued speculative activity.
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TheNewsCrypto
1w
414
Image Credit: TheNewsCrypto
Kraken Wins as SEC Agrees to Dismiss the Lawsuit
- The U.S. Securities and Exchange Commission (SEC) has agreed to dismiss the lawsuit against Kraken.
- This decision signifies a shift in regulatory attitudes towards cryptocurrency.
- Under new leadership, the SEC is adopting a more balanced approach to crypto regulation.
- Kraken's victory suggests a potential end to aggressive legal actions against crypto firms.
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24 Likes
Crypto-News-Flash
1w
162
Image Credit: Crypto-News-Flash
XRP Holders Eye Trump’s Influence on the Ripple vs SEC Case
- Donald Trump announced that Ripple’s XRP will be included in the U.S. crypto reserve, raising hopes for a swift resolution to the Ripple vs. SEC lawsuit.
- Legal expert Jeremy Hogan remains skeptical that Trump's endorsement will accelerate the lawsuit's resolution, suggesting the case may still take until May to conclude.
- Ripple may be negotiating with the SEC to vacate certain aspects of Judge Torres's ruling, causing the case to drag on.
- The SEC's recent resolutions of high-profile crypto lawsuits and their upcoming conference on crypto regulation indicate a shift toward a more structured and favorable regulatory approach.
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9 Likes
Blockonomi
1w
200
Successful Trader Reduces Ripple (XRP) Exposure and Doubles Down on Mutuum Finance (MUTM) Below $0.03, Here Is Why
- A seasoned trader has reduced exposure to Ripple (XRP) and increased investments in Mutuum Finance (MUTM) during the presale phase.
- Mutuum Finance (MUTM) has gained significant investor interest and has already raised over $2.1 million with 4000+ investors on board.
- The innovative decentralized lending protocol and structured presale strategy of Mutuum Finance offer potential for substantial returns, driving the trader's portfolio shift.
- Mutuum Finance (MUTM) is disrupting the decentralized lending sector with its dual-lending strategy, offering adaptive and market-driven lending opportunities.
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12 Likes
Crypto-News-Flash
1w
25
Image Credit: Crypto-News-Flash
Tether Hires Simon McWilliams as CFO to Lead Transparency
- Tether has appointed Simon McWilliams as its new CFO to enhance financial transparency and audit readiness in the stablecoin market.
- Tether aims to improve regulatory compliance and openness with the appointment of McWilliams, who has over two decades of financial expertise.
- Competition between Tether and Circle's USD Coin (USDC) is intensifying, with different stances on control and decentralization.
- In addition to its digital assets dominance, Tether has acquired a majority stake in Adecoagro SA, a South American agro-industrial company, signaling a diversification strategy.
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