Bitcoin price started a fresh decline below the $80,000 zone. BTC is now correcting losses and might face resistance near the $80,500 zone. Bitcoin started a fresh decline below the $80,000 zone….
Month: April 2025
DeFi Borrowing Demand Plunges as Crypto Traders Deleverage Amid Market Turmoil
Borrowing demand across decentralized finance (DeFi) protocols plunged sharply in the wake of the recent crypto market turmoil, a sign of widespread deleveraging as crypto investors unwound risky positions. The average U.S….
1992 Film “Sneakers” Shows Cryptic Reference to XRP: “Federal Reserve Transfer Mode”
The XRP community has engaged in discussions surrounding an XRP reference from “Sneakers,” a 1992 movie around cryptography. A recent disclosure from MetaMan, a prominent figure in the XRP community, has triggered…
Centrifuge Taps Wormhole to Launch Multichain Tokenization Platform
Real-world asset tokenization platform Centrifuge has launched its latest upgrade, Centrifuge V3, in partnership with multichain messaging protocol Wormhole. The new system is designed to make it easier for fund managers and…
Coinbase Stock ‘Overweight’, Wall Street Is Sleeping on Base: Cantor Fitzgerald
Cantor Fitzgerald analysts initiated coverage of Coinbase with an “Overweight” rating and price target of $245, arguing on Tuesday that Wall Street has overlooked how the crypto exchange’s stablecoin relationship with Circle…
When Will Bitcoin and Altcoins Recover? Analyst Gives Date for Relief: “Dead Cat Bounce…”
The cryptocurrency market experienced a sharp sell-off today, but analysts say the decline is more related to global economic uncertainty than problems within the crypto sector itself. Dr. Kirill Kretov, a senior…
Bitcoin Continues To Weaken Below The $80,000 Mark
The Bitcoin (BTC) price fell to a low of $74,501 on April 7. BTC price long-term forecast: bullish Bearish momentum fell below the critical support at $80,000 and reached the recent low….
Bitcoin Analysts Optimistic as China Surprisingly Fixes Yuan Beyond 7.2 Level
China eased its grip on the yuan (CNY) on Tuesday, allowing it to depreciate beyond a key level, likely in response to President Donald Trump’s aggressive tariffs. Crypto analysts anticipate that the…
Will Ethereum (ETH) Price Fall to $1,000 in April?
Ethereum (ETH) is down almost 6% in the last 24 hours, intensifying a week of sharp declines. With the price below $1,500, market watchers are increasingly questioning whether ETH could fall to…
USDC Treasury Just Burned $51 Million – What Does This Mean?
TL;DR On April 8, 2025, the USDC Treasury burned 51 million tokens on the Ethereum network. This move is part of Circle’s routine strategy to adjust liquidity and maintain its 1:1 peg…