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This Surge Above $78,000 Should Not Be Trusted – Cryptocurrency Market Analysis | Digital Financial News
The latest Bitcoin (BTC) price rebound above $78,000 has sparked renewed optimism across the market, as investor sentiment has flipped bullish. However, not all market watchers are convinced that the momentum will last. Crypto analyst Marmot is warning that the recent price surge may be masking deeper weakness underneath, urging investors and traders not to trust it. As bullish forecasts continue to spread across the market, Marmot believes traders may overlook signals that often precede sharp reversals and major shifts in market direction. Why Bitcoin’s Rally Above $78,000 Could Be A Trap Marmot has warned that Bitcoin’s recent price rally…
Bitcoin’s Next Big Move? Expert Says The Setup Heading Into May Is The Strongest All Year – Cryptocurrency Market Analysis | Digital Financial News
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin’s (BTC) recent rebound has already made headlines, but the latest swings are making one question impossible to ignore: Is the April rally running out of steam, or is it simply taking a breather before the next push higher? After clearing the $78,000 level for the first time in more than two months last Friday, BTC has since traded with noticeable turbulence, slipping back to just above $76,000 by Monday amid renewed geopolitical uncertainty. Why BTC’s Direction Hinges On Wednesday In his latest analysis, market expert Sam…
Coinbase, Bybit Eye Onchain U.S. Stock Push – Cryptocurrency Market Analysis | Digital Financial News
Coinbase and Bybit are discussing tokenized U.S. stocks, custody, and global distribution of public and pre-IPO shares. Coinbase is holding talks with Bybit on plans for Onchain U.S. stocks and related custody services. The discussions focus on tokenization, storage, and global access to assets, including public stocks and pre-IPO shares. People familiar with the matter said the talks do not include an equity deal. They also said the discussions are separate from any Bybit plan to enter the U.S. market. Coinbase and Bybit Discuss Onchain U.S. Stock Plans Coinbase and Bybit are exploring ways to bring U.S. stocks Onchain. The…
BTC bounces above $76,000 as DeFi suffers $14 billion exodus after major hack – Cryptocurrency Market Analysis | Digital Financial News
Bitcoin BTC$75,680.26 held above $76,000 on Monday, rebounding from overnight lows as the broader crypto market remained steady despite Iran war risks.The largest cryptocurrency climbed about 2.4% over the past 24 hours, recovering from a dip below $74,000 earlier in the session. Ether (ETH), XRP, Solana (SOL) and other major altcoins also mirrored bitcoin’s move, as the broad-market CoinDesk 20 rose 1.7%.Bitcoin (BTC) price on April 20 Monday (CoinDesk)That resilience comes against a shaky macro backdrop. U.S. President Donald Trump said Sunday that American forces had fired on and seized an Iranian-flagged cargo ship, warning of further escalation while Tehran…
Will Solana Flip Ethereum Soon? SOL Takes First Step Toward Total Domination – Cryptocurrency Market Analysis | Digital Financial News
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Solana has long stood as Ethereum’s closest rival across nearly every segment, even though its price performance has not always kept pace. From DeFi to user activity, SOL has been behind Ethereum every step of the way. What used to be a debate about potential now looks more like a measurable race. That conversation between Solana and Ethereum has grown considerably more serious in 2026, and the numbers behind it are not theoretical, especially when it comes to the number of transactions processed on each network. Transaction…
Bitmine Buys 101K ETH, Nears 5% Supply Goal – Cryptocurrency Market Analysis | Digital Financial News
Bitmine bought 101,627 ETH in one week, raising holdings to 4,976,485 ETH, or 4.12% of Ethereum’s total supply. Bitmine Immersion Technologies added 101,627 ETH last week in its biggest weekly buying spree in four months. The company said the purchase lifted its total holdings to 4,976,485 ETH. As of April 19, 2026, that amount equals about 4.12% of Ethereum’s total supply. The move keeps Bitmine at the center of the growing Ethereum treasury market. Bitmine Records Biggest Weekly ETH Buying Spree in Four Months In a recent press release, Bitmine said it bought 101,627 ETH over the past week. The…
Aave could face up to $230m in losses after Kelp DAO bridge exploit triggers DeFi chaos – Cryptocurrency Market Analysis | Digital Financial News
The Kelp DAO and LayerZero bridge exploit that occurred over the weekend has left lending protocol Aave facing potential losses of up to $230 million, depending on how the situation is resolved.The incident, according to a report from Aave Labs and service provider LlamaRisk published on the Aave governance forum, centers on rsETH, a liquid restaking token issued by KelpDAO. To move rsETH between blockchains, the protocol relies on a bridge mechanism that locks tokens on one chain while issuing corresponding copies on another.An attacker exploited that setup by forging a transfer message that appeared valid. The system approved the…
Stablecoins Don’t Meet Core Requirements Of Money, BIS Says – Cryptocurrency Market Analysis | Digital Financial News
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The BIS General Manager has said that existing stablecoins fall short of the requirements for a widely accepted and used payment instrument. Stablecoins Remain A “Niche” Payment Instrument Pablo Hernández de Cos, General Manager at the Bank for International Settlements (BIS), spoke on the topic of stablecoins at a Bank of Japan seminar in Tokyo on Monday. The BIS is an international financial institution that serves as a bank for central banks. It’s owned by constituent central banks, of which there are 63 in total at the…
Strategy Buys $2.5B BTC, Holdings Hit 815K – Cryptocurrency Market Analysis | Digital Financial News
Strategy acquired 34,164 BTC for $2.54B at $74,395 per coin between April 13 and April 19, 2026. Total Bitcoin holdings reached 815,061 BTC with a cumulative acquisition cost of about $61.56B. Strategy reported a 9.5% BTC Yield year-to-date for 2026, funded through its ATM offering program. The Bitcoin hoarding strategy of Strategy continues with the addition of 34,164 more BTCs to their portfolio. This transaction is estimated at $2.54 billion made on April 13-19, 2026. The cost incurred for each BTC amounted to an average of $74,395. They currently own a total of 815,061 BTCs at a total acquisition cost…
North Korea’s crypto heist playbook is expanding and DeFi keeps getting hit – Cryptocurrency Market Analysis | Digital Financial News
Less than three weeks after North Korea-linked hackers used social engineering to hit crypto trading firm Drift, hackers tied to the nation appear to have pulled off another major exploit with Kelp.The attack on Kelp, a restaking protocol tied into LayerZero’s cross-chain infrastructure, suggests an evolution in how North Korea-linked hackers operate, not just looking for bugs or stolen credentials, but exploiting the basic assumptions built into decentralized systems.Taken together, the two incidents point to something more organized than a string of one-off hacks, as North Korea continues to escalate its efforts to hijack funds from the crypto sector.“This is…