News
Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.
Bitcoin is attempting to reclaim support after dipping below $60,000, while traders dare to dream of an altcoin rebound.
Aptos Labs penned fresh partnerships with Microsoft, Brevan Howard, SK Telecom and Boston Consulting Group to develop Aptos Ascend. The institutional platform intends to spread decentralized finance to institutional capital via the Aptos network and globally grow tokenized asset liquidity, among other endeavors.
PlanB insists that BTC will surge to $100,000 this year after halving, topping $300,000 in 2025.
JPMorgan analysts warn of a potential bitcoin price drop after this week’s halving event.Bitcoin mining hashrate is also expected to decline significantly post the halving, according to the analysts.
A conspiracy of headwinds sees bitcoin struggling to keep its head above the $61,000 mark.The digital asset is beset by a strong dollar index, hawkish Fed rhetoric and geopolitical tensions.
Quick Take Blur remained the top NFT marketplace for the first quarter despite Magic Eden’s surge in trading volume last month.
- 14:44Data: The ETH band whale currently holds a short position in ETH, which has now made a floating profit of 2.45 million US dollarsAccording to on-chain analyst Yu Jing's monitoring, the ETH band giant whale has not yet flattened half of its ETH short positions and is currently floating a profit of 2.45 million USD. In the early morning of the 7th, his ETH shorts were still floating a loss of nearly 5 million USD. With the decline in these two days, he has turned from loss to profit, currently floating a profit of 2.45 million USD (if he hadn't unloaded half of his position yesterday morning, it would now be floating a profit of 4.9 million USD).
- 14:31Analyst: Bitcoin will achieve a target of 1.5 million dollars within 10 yearsCryptocurrency analyst Timothy Peterson suggests that the price of Bitcoin will reach a target of $1.5 million per coin, and should be achieved within ten years. Timothy Peterson cited his own model, using network expansion as the core proposition for Bitcoin's future value. He predicts that in the mid-term of the next decade, BTC/USD trading prices will increase 15 times. (Cointelegraph)
- 14:30Glassnode: Data on unliquidated Bitcoin futures contracts shows that speculative momentum is decliningGlassnode posted on the X platform that BTC futures open interest (OI) shows a decline in speculative momentum. The medium-term trend line (30-day SMA) has reached its peak and is now slightly declining, while the short-term trend line (7-day SMA) has fallen below it. This suggests that traders have closed their positions to deal with uncertain market conditions.