Galaxy's token swap may reflect bearish sentiment around Ethereum, marked by a significant price correction and waning investor confidence.
KakaoBank, a South Korean digital bank serving over 22 million users, is teaming up with Coinone to offer a new crypto price tracking feature.
Ethereum is once again in the news, but this time it is not because of bullish sentiment but rather because of a huge surge in whale activity that could signal a major sell-off. Two well-known Ethereum owners made calculated and possibly game-changing decisions in a few short hours.
Strategy's latest purchase of 6,556 Bitcoin for $555.8 million has strengthened its position as a major corporate holder of the largest cryptocurrency.
Bitcoin has climbed to its highest in almost a month, as the cryptocurrency benefited from investors selling stocks and bonds. The cryptocurrency hit $88,516.25 on Tuesday morning, up from around $87K a day earlier.
A large Ethereum transfer from a foundation-linked wallet to Kraken has sparked fears of increased sell pressure amid ongoing price weakness.
Bitcoin outpaced gold over the past 36 hours, reaching $88,500 and climbing 4.4%, compared to gold's 3.5% ascent to $3,445 per ounce. The move comes as the US imposed duties as high as 3,521% on Southeast Asian solar panels, reigniting fears of renewed trade friction with China and rattling cross-asset sentiment.
Mike Novogratz's Galaxy Digital has reportedly executed a significant swap, transferring approximately $100 million worth of ethereum for solana. According to a post from Wu Blockchain, onchain data from Lookonchain reveals that Galaxy Digital transferred 65,600 ETH, valued at around $105 million, to Binance over the past two weeks.
U.S. spot Bitcoin exchange-traded funds (ETFs) recorded significant net inflows of $381.4 million on Monday, the largest daily inflow since Jan. 30.
April 22, 2025 10:11:51 UTC Crypto Prices Today: FARTCOIN Surges, FIL Tanks Crypto prices today show mixed signals. The global market cap stands at $2.77 trillion, up 0.58%, while 24-hour trading volume surged 32.01% to $89.4 billion. While Bitcoin climbed 1.25% to $88,537.91, Ethereum and XRP slipped.
As per Lookonchain Data, Galaxy Digital's recent actions suggest a strategic shift from Ethereum to Solana. Over the past two weeks, the firm deposited 65,600 ETH (worth $105.48M) to Binance—likely for selling—and withdrew 752,240 SOL (worth $98.37M), indicating fresh accumulation.
Under fire, U.S. Defense Secretary Pete Hegseth has seen his Bitcoin (BTC) investment plunge by over 15% since taking on his government role.
Digital asset investment products recorded modest net inflows of $6 million last week, reflecting an overall mixed investor sentiment, according to the latest CoinShares report. What Happened: The report highlights regional divergences and asset-specific trends, as investors responded to stronger-than-expected U.S. economic data and shifting macro conditions.
Bitcoin ETFs based in the United States have recorded their largest daily inflows since January, as the crypto market regains its strength after a tough period.
Here's why analysts believe more investors might stick with BTC rather than altcoins.
PlanB has reignited criticism of Ethereum's decentralization, governance, and technical architecture as the Ethereum Foundation reorganizes.
The popular meme coin is the top performer once again.
At one point on Monday the S&P 500 was down more than 3%. On the other hand, Bitcoin (BTC) climbed, finishing the day up 2.7%.
Bitcoin bouncing from the 50-day moving average and a push past late March resistance levels has definitely reawakened bullish sentiment. With BTC now holding around $88,450 and edging closer to reclaiming its 200-day moving average, the market's looking at $95,000 as the next stop.
Bitcoin is climbing again to $89,000 and now it's eyeing a key resistance level of $90,000 to break. Perhaps, popular crypto analyst Michael van de Poppe, Bitcoin might take a small dip to $76,604 before going higher. He also believes that a deal between the U.S. and China could help push the price up again.
According to TradingView data, the ETH/BTC exchange rate recently dropped to 0.01791, marking its lowest level since 2020.
Gold blasted past $3,500 a troy ounce for the first time ever on Tuesday after Trump escalated his feud with Federal Reserve chair Jay Powell.
Amid the latest market recovery, Ethereum (ETH) attempted to break out from its multi-month downtrend, leading some market watchers to suggest that a new rally could start soon. However, as price struggles to hold the $1,600 level as support, the cryptocurrency risks losing recent momentum.
Polygon-based non-fungible tokens (NFTs) took the top spot in digital collectible sales after surging 20% in the last seven days. On April 22, NFT data tracker CryptoSlam showed that Polygon NFTs overtook Ethereum, reaching a $22.3 million volume in the past week.
Bitcoin is decoupling from the US stock market and starting to trade more like precious metals, in another signal of Bitcoin's growing role as a safe-haven asset against global economic disruption.Bitcoin's (BTC) price is showcasing its growing maturity as a global asset, becoming “less Nasdaq — more gold” over the past two weeks, according to Alex Svanevik, co-founder and CEO of the Nansen crypto intelligence platform. Bitcoin staged a 12% recovery in the two weeks leading up to April 22, despite ongoing tariff escalation between the world's largest trading nations.
The “Buy Bitcoin” sign, immortalized by Christian Langalis during a live Congressional hearing nearly eight years ago, is back in the spotlight as the top cryptocurrency confronts bearish pressures due to macroeconomic uncertainties. What happened: Langalis, a then 22-year-old Cato Institute intern, impulsively drew the placard and held it up behind then-Federal Reserve Chair Janet Yellen during her testimony.
Tokyo-listed Metaplanet has purchased an additional 330 BTC worth $28.2 million, lifting its total holdings to over $423 million and positioning it as Asia's largest corporate Bitcoin holder.
Bitcoin climbs to $88.5K as Strategy and Metaplanet buy over $580M in BTC. Fed pressure, weak dollar, and institutional demand fuel bullish momentum. The post Bitcoin Price Breaks $88K—$580M in Buys from Strategy, Metaplanet appeared first on Cryptonews.
Galaxy Digital, one of the leading asset managers in crypto, shifted positions from Ethereum (ETH) to Solana (SOL).
The persistent increase in Bitcoin Dominance (BTC.D) has fueled speculation about the potential for an altcoin season. While some analysts anticipate a correction in BTC.D that could open the door for altcoins to gain traction, a market expert has raised caution.
Bitcoin (BTC) is on the cusp of breaking out relative to the Nasdaq 100 Composite, with the current BTC/Nasdaq ratio sitting at 4.96. This means it now takes nearly five Nasdaq units to match the value of one bitcoin.
Strategy adds 6,556 Bitcoin worth $556 million to its holdings, bringing its total to 538,200 BTC as institutional crypto adoption grows.
Bitcoin (BTC) remained resilient above $88,000 early Tuesday, supported by safe-haven demand as the Japanese yen surged past the key 140 level against the U.S. dollar. Investors flocked to traditional and digital hedges amid growing geopolitical and economic uncertainty, including concerns over U.S. trade tariffs and speculation around a potential change in Federal Reserve leadership.
In a notable shift, options data reveals rising bullish sentiment for bitcoin (BTC) and the euro (EUR) as investors rotate away from U.S. assets. Despite sharp declines in the U.S. stock market, short- and near-dated bitcoin risk reversals turned slightly positive, indicating growing demand for call options over putsa sign of bullish expectations.
Galaxy Digital, led by Mike Novogratz, has reportedly exchanged over $100 million worth of Ethereum (ETH) for Solana (SOL), signaling a notable shift in institutional crypto strategy. On-chain data from Wu Blockchain indicates that Galaxy moved 65,600 ETHaround $105 millionto Binance over the past two weeks, while simultaneously withdrawing approximately 752,240 SOL, valued near $98.4 million.
Dogecoin (DOGE) is capturing attention after outperforming Bitcoin (BTC) in key on-chain metrics amid a broader market rally. According to IntoTheBlock, DOGE surpassed BTC in large transaction volume and daily active addresses by 41.12% and 34.91%, respectively.
Bitcoins (BTC) recent price movement has raised questions about whether its bull run is losing steam or simply pausing. On-chain analyst Julio Moreno highlights a significant resistance zone forming between $91,000 and $92,000, which aligns with the Traders Realized Pricethe average price current holders paid for their BTC.
The week kicked off with a sharp drop in the U.S. dollar, which hit a three-year low, and losses across Wall Street. Yet, Bitcoin (BTC) is defying the trend, climbing 2.3% in the past 24 hours to trade around $86,800.
Bitcoin (BTC) surged 2.3% in the past 24 hours, reaching $86,800 for the first time since April 3, defying broader market weakness driven by tariff concerns. The rise comes as U.S. equities plunge, with the SP 500, Nasdaq, and Dow Jones down over 3% each.
Ethereum co-founder Vitalik Buterin has proposed a major shift in the blockchains technical infrastructure by replacing the Ethereum Virtual Machine (EVM) with RISC-V, an open-source architecture praised for its built-in encryption and scalability benefits. Shared over the weekend on Ethereums core developer forum, the proposal could mark a pivotal change in how Ethereum executes smart contracts.
Ripple's RLUSD stablecoin goes live on Aave V3 with minimal activity, aiming to boost enterprise adoption and DeFi integration across platforms.
Galaxy Digital sells over $105M in Ethereum to buy Solana as ETH drops 50% YTD. Here's why institutions are shifting and what whale activity reveals about Ethereum's future.
Bitcoin has now been seeing a consistent price increase, indicating a resumption in upward momentum. So far, the asset has regained some of its losses from its recent period of correction, with its price now trading above $87,000, closing in on the $90,000 psychological level.
This is a daily technical analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole.
Ethereum maintains bullish structure above $1,550 support despite recent pullback from $1,650, with analysts projecting potential rallies to $2,700-8,000 through 2025.
Ethereum Foundation sent 1,000 ETH to the Kraken exchange on April 22, likely to sell. This could lead to a potential drop in price.
Bitcoin nears $90,000 as Treasury buybacks, dollar weakness, and Michael Saylor's new $555 million purchase fuel analyst predictions of $100,000+.