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.
The total-value-locked (TVL) on Mantra's RWA blockchain protocol reached a yearly high despite OM's 90% price crash.Mantra TVL surges 500% following OM's crash As of April 15, Mantra's TVL (in OM terms) jumped to 4.21 million OM (~$3.24 million), an increase of over 500% from two days prior, according to data resource DefiLlama. Mantra's cumulative TVL chart.
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.
Mantra, a popular real-world asset tokenization coin that collapsed by over 90% in 24 hours, bounced back after a statement by the founder and as investors bought the dip.
Mantra (OM) token experienced a catastrophic DeFi collapse on April 13, losing 90% of its value and erasing $6 billion in market cap. Despite no confirmed hack, large token movements before the crashed raised suspicions of insider trading. Analyst Jean Rausis warned about overhyped Layer 1 blockchains suggesting a return to fundamentals like Ethereum. The post Mantra Collapse Sparks Debate on Trust in DeFi, Says Analyst appeared first on Cryptonews.
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.
Mantra's collapse showcases the looming liquidity issues that could be a risk for many more smaller tokens.
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.
The cryptocurrency project Mantra is coming under increasing suspicion after its OM token shed 90% of its value within a single day. The value dropped from $6.27 to only $0.72, erasing more than $5 billion in market value.
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.
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.
Bitcoin Magazine Book's Books: Knut Svanholm, Luke de Wolf, and “Bitcoin: The Inverse of Clown World” Knut Svanholm's new book "Bitcoin: The Inverse of Clown World," is the perfect combination of light, relaxed reading and hard-hitting punch — sprinkled with a whole jar of humor. This post Book's Books: Knut Svanholm, Luke de Wolf, and “Bitcoin: The Inverse of Clown World” first appeared on Bitcoin Magazine and is written by Joakim Book.
Bitcoin (BTC) has triggered a powerful technical signal that could push the leading digital currency to $170,000, based on historical returns.
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.
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.
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.
Bitcoin ETFs finally reversed course on Monday with a modest $1.4 million inflow, breaking a week-long outflow streak. Ether ETFs, however, extended their losing trend with a $5.98 million exit led by withdrawals from Fidelity's FETH.
Cryptocurrencies like Bitcoin, Ethereum, and Ripple held steady on Tuesday as the mood in the market improved after tariff reprieve. However, these coins may be affected by the performance of the stock market after the S&P 500 index formed the first death cross pattern since 2022.
Michael Saylor, a vocal Bitcoin evangelist and the executive chairman of Strategy, has taken to his account on the X social media network (formerly known as Twitter) to celebrate the fact that the asset which his company has made a large bet on – Bitcoin – is finally surging.
Binance CEO Richard Teng recently tweeted a prediction about Bitcoin, the first and largest cryptocurrency by market capitalization. Teng anticipates "upward momentum" for Bitcoin, urging both countries and corporations to act now or "risk paying a premium later.
The recent collapse of the Mantra (OM) token triggered comparisons to the infamous Terra ecosystem crash in May 2022, with some commentators referring to Mantra as the “next Terra.” Still, many in the community argue that the two projects share nothing in common besides visual similarities in price charts.
According to a US government official, Bitcoin could become an alternative to gold for the coming decades. Details here!
Bitcoin miner CleanSpark (CLSK) is moving away from its strategy of HODLing 100% of the BTC it mines.
Bitcoin Magazine MIT DCI Director Neha Narula: How Academia Interacts With The Bitcoin Ecosystem A talk with the director of DCI at MIT, Neha Narula, on the role academia plays in the Bitcoin ecosystem and how that might evolve over time. This post MIT DCI Director Neha Narula: How Academia Interacts With The Bitcoin Ecosystem first appeared on Bitcoin Magazine and is written by Shinobi.
Bitcoin (BTC) rallied 7.41% in the last seven days and is, at press time on April 15, changing hands at $85,753.
The Fear and Greed Index has improved from a record low of 15 last week to 31 at the time of writing.