In Brief Bitcoin Dominance (BTC.D) reached 64.5%, its highest level in over four years, sparking speculation about a potential altcoin season. Analysts predict a pullback in BTC.D, but Scott Melker warns that Bitcoin’s rise is fueled by new investments, not capital rotation. He suggested that unlike previous cycles, Bitcoin holders are not selling to buy…
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In Brief XRP’s RSI sits at 44.54 after recent volatility, signaling neutral momentum and a lack of strong buying interest. The Ichimoku Cloud has turned red and is thickening, suggesting rising bearish pressure and possible trend continuation. XRP is tightly ranged between $2.05 and $2.09, with a breakout or breakdown likely to define its next…
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In Brief US economic indicators, including LEI, Services PMI, and Manufacturing PMI, could impact Bitcoin’s price, potentially dampening investor sentiment. A stronger US dollar from positive services data might limit Bitcoin’s appeal, while weak manufacturing signals could weigh on risk appetite. Declining jobless claims and low consumer sentiment suggest a bearish outlook for Bitcoin, though…
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In Brief Vitalik Buterin proposes replacing Ethereum’s EVM with RISC-V to boost smart contract efficiency and scalability. The change promises up to 100x gains in efficiency while preserving core Ethereum functionality. Developers will retain existing tools and languages, ensuring backward compatibility with all current EVM contracts. Ethereum (ETH) co-founder Vitalik Buterin has proposed overhauling the…
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In Brief Coinbase forecasts short-term crypto volatility through mid-May 2025, citing economic pressures and trade policy uncertainties. Market stabilization is expected by mid-to-late Q2, with historical trends and loosening monetary policies providing support. Strong Q3 growth anticipated, driven by Bitcoin’s post-halving cycle, institutional adoption, and clearer US crypto regulations. According to Coinbase, the crypto market…
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In Brief Binance, once a regulatory outlier, is now advising global governments on crypto policy, reshaping its image as a compliant entity. CEO Richard Teng confirms that Binance is helping countries establish crypto reserves, mirroring US policy under Trump. Binance explores the idea of a global headquarters and continues its expansion into geopolitically significant crypto…
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In Brief Binance’s second “Vote to Delist” campaign saw FTX Token (FTT) as the top candidate, with 11.1% of votes. FTT, under scrutiny since FTX’s collapse, faces possible delisting as volatility and price declines persist. Other tokens, including Zcash (ZEC) and JasmyCoin (JASMY), also saw strong community votes and price drops. Binance, the world’s largest…
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In Brief The total crypto market cap surged by $40 billion to $2.66 trillion, with $2.61 trillion acting as support. A breakout above $2.74 trillion could lead to further growth. Bitcoin reached $85,285, maintaining key support. Breaking $86,848 would drive BTC toward $89,800, while a fall below $85,000 could signal a bearish trend. FARTCOIN rose…
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In Brief On April 14, US-listed Bitcoin ETFs saw $1.47 million in inflows, ending a 7-day outflow streak and signaling renewed institutional interest. BlackRock’s IBIT led inflows with $36.72 million, while Fidelity’s FBTC experienced a $35.25 million outflow on the same day. Despite cautious sentiment in options markets, Bitcoin’s futures open interest rose 2%, showing…
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In Brief Coinbase Prime will end custody support for 49 tokens, including crypto and real estate-linked assets, by April’s end. Affected assets include Telcoin, Cellframe, BOSAGORA, and real estate assets like 1717 Bissonnet. The decision reflects Coinbase Prime’s shift to focus on more liquid and institutional-grade tokens amid market challenges. Coinbase Prime, the institutional arm…
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