JASMY drops 7% after 23% rally – But is a surprise reversal brewing?
JASMY plunges sharply after its recent rally, dwindling exchange reserves hint—but a sudden rebound can still occur.
Keep up with what's happening in the crypto world in real-time.
JASMY plunges sharply after its recent rally, dwindling exchange reserves hint—but a sudden rebound can still occur.
Stablecoin giant Tether has aggressively bought shares in Bitcoin miner Bitdeer, snapping up another $32 million worth as the market slumps.
Bitcoin's (BTC) realized market cap reached a new all-time high of $872 billion, but data from Glassnode reflects investors' lack of enthusiasm at BTC's current price levels. In a recent X post, the analytics platform pointed out that despite the realized cap milestone, the monthly growth rate of the metric has dropped to 0.9% month over month, which implied a risk-off sentiment in the market.
Kyrgyzstan President Sadyr Zhaparov has signed a constitutional law authorizing the launch of a central bank digital currency pilot project while also giving the “digital som” — the national currency in digital form — legal tender status.The law gives the National Bank of the Kyrgyz Republic the exclusive right to issue the digital som, establish the rules for its issuance and circulation, and oversee the platform on which the national currency will operate, Kyrgyzstan's presidential office said on April 17. However, a final decision on whether to officially issue the CBDC is not expected until the end of 2026, local outlet Trend News Agency reported in December.
Coinbase has upgraded its infrastructure after receiving user complaints to support the Solana ecosystem better.
Bitcoin is showing signs of recovery as it tests a crucial technical formation that has the potential to change the perception of its recent bearish trends. The market leader may be on the verge of invalidating the death cross, a bearish signal that occurs when the 50-day moving average crosses below the 200-day moving average following weeks of consolidation and erratic trading.
Bitcoin's price action in recent weeks has been mostly highlighted by a trading range between $80,000 and $85,000, with a struggle to reclaim buying pressure. Despite the current lack of a strong bullish momentum, many crypto analysts are banking on a bullish continuation and a new Bitcoin price all-time high before the end of 2025.
Bitcoin is now at a pivotal moment as its price continues to range within a narrow band, hovering above $83,000 and below $86,000 since last Saturday. The tight consolidation reflects market hesitation, as traders and investors brace for a significant move in either direction.
Local authorities in China have seized 15k BTC as they sell Cryptocurrencies to support public finances
The recent OM collapse at MANTRA has left the community confused. In a series of instant drops, $5.5 billion was erased.
Crypto is charging into the mainstream as the Federal Reserve signals a dramatic shift, hinting at looser oversight and faster institutional adoption of digital assets nationwide. Fed Chair Powell Teases Softer Crypto Stance U.S.
A Dogecoin (DOGE) price breakout past its previous All-Time High (ATH) price is gradually becoming possible amid the current market setup. While still tied in a long-drawn consolidation, a potential breakout is ahead for the memecoin, according to predictions from market analysts.
The South Korean Financial Intelligence Unit (FIU) has extended the period of its on-site inspection of the Bithumb crypto exchange, with a Coinone inspection set to start next week. The post South Korean Regulator Extends Bithumb Inspection, Plans Coinone Probe appeared first on Cryptonews.
Andreessen Horowitz invests $55 million in LayerZero tokens.
Slovenia's Ministry of Finance released two legislative proposals for public consultation to clarify and align the taxation of digital assets and derivatives ahead of a planned 2026 rollout, according to an April 17 release.
Given the continued volatility in the general crypto market, several major digital assets such as Ethereum and Bitcoin experienced a decrease in investor participation. As a result, the two crypto giants were faced with significant selling pressure, with ETH recording more losses than Bitcoin.
Assessing BTC's ability to hold above $80K amid muted market interest and users.
According to CoinGecko's 2025 Q1 Report, the cryptocurrency market, led by Bitcoin, lost nearly one-fifth of its value in the first quarter of 2025, fully negating the gains made towards the end of 2024. Related Reading: Is Shiba Inu On Track To Dethrone Dogecoin?
JP Morgan analysts said in a report Thursday that investors are choosing gold over Bitcoin in a bid to find a safe haven amid volatility.
Despite regulatory hurdles and listing concerns, a new report from TokenInsight shows that Binance is comfortably leading the CEX market. Increasing competition from MEXC and Bitget saw Binance's market share drop 1%, but it still dominates more than one-third of the CEX trades.
Web3 experts emphasize that the ongoing trade war, while presenting challenges, can also act as a catalyst for innovation within the blockchain space. However, they argue that fostering a mindset of global unity can help mitigate the divisive effects of trade wars. Decentralized Governance Can Mitigate Disputes Caused by Protectionist Policies As the U.S.
Key Takeaways: The SEC will host its third crypto-focused roundtable of 2025, titled “Know Your Custodian: Key Considerations for Crypto Custody,” on April 25 at its Washington D.C. headquarters, with a focus on the complexities of cryptocurrency custody.
Zero Edge founder Richard Kim arrested for misusing $7M in investor funds through gambling and high-risk crypto trades, facing securities and wire fraud charges. The post Crypto Fraud Shocker: Zero Edge's Richard Kim Arrested After Blowing $7M Investor Cash on Gambling appeared first on Cryptonews.
Ethereum Layer-2 protocol Arbitrum has launched Converge, a new blockchain designed to serve as a settlement layer for tokenized real-world assets (RWAs) and on-chain finance. Created by Ethena Labs and Securitize, Converge aims to bring billions of dollars in stable assets into decentralized finance (DeFi).
