The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.
TL;DR Sui will integrate Babylon's Bitcoin staking protocol and operate as a Bitcoin Secured Network in Phase 3 of the expansion plan. The integration allows BTC staking without bridges or custodians. Babylon will apply its protocol over Sui's Mysticeti consensus, reinforcing its modular, multi-network approach to Proof-of-Stake.
For many investors, this might seem like the worst possible time to invest in Bitcoin (BTC 0.26%). After all, Bitcoin is now down nearly 25% from an all-time high of $109,000 in January.
After consecutive drawdowns of 17.39% and 2.3% in February and March, Bitcoin's (BTC) Q2 is shaping up nicely, with a return of 3.77% in April. While fresh yearly lows were formed at $74,500, BTC is currently closer to $90,000 than its new range bottom.
Bitcoin remains under the spotlight as Anthony Pompliano, founder and CEO of Professional Capital Management, outlined a bullish long-term vision for the cryptocurrency in a recent CNBC interview.
Given the increased bullishness in the broader crypto landscape, Bitcoin is experiencing renewed upward momentum, pushing the flagship digital asset to key resistance levels. BTC's recent upward performance has reignited optimism and interest in the sector.
Bitcoin miner Bitdeer is reportedly expanding its self-mining operations and investing in United States-based production as looming trade wars rock global supply chains and cryptocurrency markets. Bitdeer has begun prioritizing mining Bitcoin (BTC) itself in response to cooling demand for its mining hardware from other miners, Bloomberg reported on April 15.
TL;DR Bybit partnered with Avalon Labs to offer BTC yield through a CeDeFi model, without requiring users to sell their assets. The system allows users to access cash loans using BTC as collateral and generate income by leveraging arbitrage in fixed-rate lending.
Brandt believes that Bitcoin price is not yet out of the woods unless it consistently closes above $88k. The bullish sentiment from the United States has coincided with increased whale accumulation amid anticipated diplomatic solutions for the ongoing tariff trade wars.
Bitcoin may be nearing a classic bull trap - Briefly breaking higher before snapping back.
The U.S. dollar index remains under pressure as Donald Trump's tariffs push investors to other currencies. The DXY index was trading at $99.95 on Tuesday, down by 9.20% from its highest level this year.
After the approval of Bitcoin and Ethereum ETFs, the crypto world is now wondering which altcoin will be next. Crypto research firm Kaiko says XRP could become the next big cryptocurrency to get a U.S. spot ETF approval, possibly even before Solana (SOL), Dogecoin (DOGE), or Litecoin (LTC).
XRP trades at $2.14 with a market capitalization of $124 billion, a 24-hour trading volume of $2.47 billion, and a price range between $2.103 and $2.185, reflecting short-term consolidation as it positions for a potential breakout. XRP The one-hour chart for XRP reveals range-bound behavior, with the price oscillating between $2.13 and $2.18.
The price of XRP remains stable in an otherwise volatile market, currently selling at $2.15 with a an impressive 13% increase in the last seven days. The cryptocurrency holds on to being part of the top three digital currencies despite indicators pointing in varying directions.
The cryptocurrency market remained subdued on Friday, struggling to sustain momentum despite a brief recovery earlier in the week. Bitcoin struggled to hold above the $85,000 mark. The global cryptocurrency market cap stands at $2.69 trillion, down 0.93% in the past 24 hours. Total market volume over the same period fell 11.05% to $79.
Value Creation (9238), a Tokyo-listed logistics and tech firm, expects to add 100 million yen ($700,000) worth of bitcoin (BTC) to its balance sheet over the next four months, according to a statement.
The leading cryptocurrency rallied to $86K on Tuesday morning before easing below $85K later in the day, as fears of a U.S. recession by year-end intensified.
The technological singularity, when men will merge with machines to shed all “limitations of our biological bodies and brain,” may only be 20 years away, says Ray Kurzweil.
Unanimity in the markets is never trivial, especially in the crypto world. On Binance, over 72% of traders are betting on the rise of XRP.
Leading altcoin Ethereum has seen its price climb 5% over the past week, riding the wave of a broader market recovery. This price growth has reignited demand for the altcoin, particularly among US-based ETH retail traders, as indicated by on-chain data.
Flare is flashing signals of a potential comeback as it re-enters the buying zone. With deep XRP ties and an expanding ecosystem, could FLR finally deliver on its promise?
The numbers do not lie, but they also do not always tell the same story — and right now, XRP is stuck between two very different narratives. On the one hand is a climb against USD, up 1.79% to $2.16441, with the middle Bollinger Band acting as a major support.
TL;DR CleanSpark will sell part of its monthly Bitcoin production to finance operations and avoid share dilution, moving away from its full-retention strategy. It expanded its credit line with Coinbase Prime to $200 million and launched an institutional treasury desk to optimize the management of its digital assets.
Ethereum (ETH) is showing signs of stabilization after weeks of downside volatility, as a newly formed upward trendline on the daily chart suggests the $1,600$1,700 range may act as a key support zone. The formation of higher lows points to a potential bullish shift in sentiment, indicating renewed accumulation among market participants.
XRP is currently hovering near the critical $2 mark, but technical indicators are flashing warnings of a potential volatility spike. Despite showing bullish impulses, XRP continues to struggle below the 100-day exponential moving average (EMA), which remains a strong resistance barrier.
A major Bitcoin whale transaction has captured market attention, as 1,000 BTCworth over $84 millionwas withdrawn from the worlds largest crypto exchange to an unknown wallet, according to blockchain tracking platform Whale Alert. The transaction, recorded late on April 14, coincides with growing optimism across the crypto market, fueled by signs of a potential Bitcoin price recovery.
Bitcoin rose over 1% early Tuesday, trading at $85,478.1 as of 02:23 ET, after U.S. President Donald Trump hinted at a possible pause on auto tariffs, providing some relief to jittery markets. This uptick followed muted movement the previous day, with the broader crypto market reacting cautiously to evolving trade developments.
Crypto exchange Bybit is diving deeper into yield-generating products. This time, the trading platform has announced a partnership with Avalon Labs to bring Bitcoin-based yield to users using a unique CeDeFi structure.
The Bank of Japan could pivot as the yen strengthens, threatening crypto gains with tighter policy.
A large Ripple whale has moved 29,532,534 XRP, valued at $63.81 million, from an unknown wallet to Coinbase. This Ripple whale transfer comes at a time when XRP is making waves in the cryptocurrency market, positioning itself as one of the top candidates for a U.S. spot ETF approval.
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According to analytics firm Kaiko, XRP is positioned to be the next altcoin to get its own exchange-traded fund (ETF) in the U.S.
Bitcoin (BTC) has triggered a powerful technical signal that could push the leading digital currency to $170,000, based on historical returns.
XRP may have spent the past few weeks struggling to hold above the $2 level, but one analyst believes the recent price action is only in its early stages of a much larger surge. For those who think $3 is a reasonable target, this outlook predicted that the real move could take the altcoin far beyond that mark and possibly much sooner than expected.
Bitcoin Price Rips Through $86K As Strategic Reserve Push Gains Global Traction Bitcoin (CRYPTO: BTC) is trading over 2% higher on Tuesday at $86,328, extending its recent rally and continuing to decouple from equity markets amid renewed interest in the asset as a sovereign reserve. The token is up 8.1% over the last week and 1.5% over the last month.
Ripple CEO Brad Garlinghouse has predicted that Bitcoin's mega explosion to the elusive $200,000 level is possible, as regulators in the United States have swiftly changed their approach to regulating crypto.
Global Liquidity and the Elliott Wave appear to be in alignment. Both foresee rising prices over the next few months, with an ideal target of $166,000.
In the first quarter of 2025, Bitcoin holdings among publicly traded companies surged by 16.1%, according to a report from Bitwise.
Even amid market uncertainty, Michael Saylor's software intelligence firm Strategy is resolutely pursuing its $42 billion Bitcoin acquisition target.
Analysts at Kaiko have identified key factors that position XRP ahead of other cryptocurrencies for potential spot ETF approval by the U.S. Securities and Exchange Commission (SEC).
Bo Hines, Executive Director of the Presidential Council of Advisers on Digital Assets, offered fresh insights into how the U.S. government plans to build a Bitcoin (CRYPTO: BTC) Strategic Reserve. What Happened: In an interview with Anthony Pompliano published on Tuesday, Hines emphasized the administration's goal to acquire Bitcoin without tapping taxpayer funds, instead pursuing innovative approaches such as rebalancing government assets and using non-tax revenue sources.
TL;DR Publicly traded companies added over 95,000 Bitcoins in Q1 2025, marking a 16.11% increase and a total value of $56.7 billion. Twelve companies joined as new holders, including Ming Shing with 833 BTC and Rumble with 188 BTC.
Bo Hines, Executive Director of the Presidential Council of Advisers on Digital Assets, has outlined how he claims the US plans to grow its newly established Strategic Bitcoin Reserve (SBR) budget-neutrally. On Anthony Pompliano's podcast, Hines explained that the administration is exploring several budget-neutral strategies, including leveraging tariff revenue and revaluing Treasury gold certificates.
Bitcoin (BTC) eyed new April highs at the April 15 Wall Street open amid skepticism over BTC price strength. BTC/USD 1-hour chart.
While everyone is watching Bitcoin, XRP just pulled a sneaky breakout move. Is it a fakeout or the start of something bigger?
Prominent blockchain tracker Whale Alert, which monitors large cryptocurrency transfers, has spotted a massive crypto transaction that took place earlier today and carried tens of millions of dollars worth of XRP. The destination was the largest cryptocurrency exchange in the U.S. — Coinbase.
Bitcoin hovers near $85.6K as inflation jumps to 3.6% and job fears spike. Investors eye Fed guidance and macro signals for BTC's next big move. The post Is Bitcoin Gearing Up for a Breakout? Price Analysis Ahead of Fed Update appeared first on Cryptonews.