Trump-backed American Bitcoin raises $220 million to buy bitcoin and mining equipment - bitcoin, trump, The Block, million, crypto, Crypto

Trump-backed American Bitcoin raises $220 million to buy bitcoin and mining equipment

American Bitcoin, the recently launched bitcoin mining firm backed by Eric Trump and Donald Trump Jr., raised $220 million to purchase bitcoin and crypto mining equipment, according to a recent filing.The raise came after the company issued and sold over 11 million new shares to private investors la

 ETH trading pattern points to 100% rally to $5,000: What are the odds?  - ethereum, Cointelegraph, eth, Crypto, rally

ETH trading pattern points to 100% rally to $5,000: What are the odds?

Key takeaways:Ether’s chart shows a “Power of 3” setup, with a price target above $5,000.Spot ETH ETFs recorded net inflows of 106,000 Ether last week, marking the seventh consecutive week of positive inflows.ETH still faces a potential 25% correction as increasing whale exchange inflows and short p

 Bitcoin ‘demand generation’ phase mirrors 2022 market bottom: Are new highs incoming?  - bitcoin, new, hodl, Crypto, ftx, 2024, luna, Cointelegraph, terra

Bitcoin ‘demand generation’ phase mirrors 2022 market bottom: Are new highs incoming?

Key takeaways:Stablecoin inflow patterns mirror levels seen after the LUNA and FTX collapse. Pointing to fresh accumulation and the potential for a breakout rally.Bitcoin holds above $100,000, but new user activity is still low, indicating a “HODL” phase where holders are waiting for fresh demand to

Spanish authorities arrest five people in $541M crypto fraud case - Crypto, million, crypto, three, Cointelegraph

Spanish authorities arrest five people in $541M crypto fraud case

The European Union Agency for Law Enforcement Cooperation, or Europol, reported the arrest of five members of a “criminal network engaged in cryptocurrency investment fraud.”In a Monday notice, Europol said the Spanish Guardia Civil, with the support of its agency and law enforcement from the United

Pundit Warns Bitcoin Is Setting Up Liquidity Traps As It Campaigns For New ATHs - bitcoin, luca, 2024, second, NewsBTC, Crypto

Pundit Warns Bitcoin Is Setting Up Liquidity Traps As It Campaigns For New ATHs

A seasoned crypto analyst has warned that the recent Bitcoin (BTC) price action may be setting the stage for major liquidity traps, echoing patterns seen in past cycles. As the leading cryptocurrency aims for new all-time highs, the pundit suggests that market makers could be deliberately engineerin

ETH trading pattern points to 100% rally to $5,000: What are the odds? - ethereum, eth, Cointelegraph, Crypto

ETH trading pattern points to 100% rally to $5,000: What are the odds?

Key takeaways:Ether’s chart shows a “Power of 3” setup, with a price target above $5,000.Spot ETH ETFs recorded net inflows of 106,000 Ether last week, marking the 7th consecutive week of positive inflows.ETH still faces a potential 25% correction as increasing whale exchange inflows and short posit

Retail Bets Big on BTC While ETH Floods Binance – What It Means for Crypto’s Next Move - term, bitcoin, trump, Crypto, CryptoPotato, crypto, etf, senate, donald trump, eth, big

Retail Bets Big on BTC While ETH Floods Binance – What It Means for Crypto’s Next Move

There have been diverging signals across crypto markets and US politics. Ethereum (ETH) deposits to Binance have continued for five consecutive days.In Bitcoin, the Short-Term Holder (STH) Net Position Realized Cap has surged from over negative $49 billion to more than $5 billion. Such a trend refle

Germany’s largest banking group Sparkassen adds cryptocurrency trading services: report - crypto, Crypto, block, The Block, eth

Germany’s largest banking group Sparkassen adds cryptocurrency trading services: report

Germany's largest banking group, Sparkassen, is reportedly adding cryptocurrency trading services for retail client accounts, according to Bloomberg. The move comes about three years after the board of directors decided to avoid such offerings due to concerns over volatility and risk.Sparkassen-Fina

US Supreme Court decides not to review privacy case over IRS request for Coinbase user data - The Block, Crypto, crypto, april

US Supreme Court decides not to review privacy case over IRS request for Coinbase user data

The U.S. Supreme Court has declined to review a high-profile case involving the Internal Revenue Service and its efforts to compel companies such as cryptocurrency exchange Coinbase to hand over users’ financial data.In an order released on Monday, the court said that the "petition for a writ certio

 Ethereum risks 25% price drop as ‘massive whale’ moves $237M in ETH to exchanges  - Crypto, eth, whale, ethereum, Cointelegraph

Ethereum risks 25% price drop as ‘massive whale’ moves $237M in ETH to exchanges

Key takeaways:Ethereum risks a 25% drop toward $1,600 after failing to break above a multi-year technical resistance.A whale moved over $237 million in ETH to exchanges, aligning with rising ETH inflows into Binance over five straight days.Wallet data suggests large ETH holders are redistributing or

Bitcoin mining difficulty sees biggest drop since 2021 China ban amid hashrate slump - bitcoin, Crypto, block, one, april, The Block, may, th

Bitcoin mining difficulty sees biggest drop since 2021 China ban amid hashrate slump

Bitcoin mining difficulty dropped around 7.5% on Sunday in the largest negative adjustment in nearly four years.The difficulty adjustment came at block height 903,168, falling to 116.96 trillion from 126.41, according to data from the Bitcoin network explorer Mempool. Bitcoin mining difficulty is no

 Bitcoin teases 'brutal' short squeeze as sellers protect $108K  - bitcoin, Crypto, donald trump, Cointelegraph

Bitcoin teases 'brutal' short squeeze as sellers protect $108K

Key points:Bitcoin approaches the monthly and quarterly close with a sea of order-book liquidity piling up.Shorts looked primed to be taken out, analysis argues, with a long-term resistance trend line in focus.Fed Chair Jerome Powell is due for replacement, leading to hyper-bullish bets on risk asse

Robinhood to offer tokenized shares of OpenAI, SpaceX to EU users in growth push - The Block, Crypto, shares

Robinhood to offer tokenized shares of OpenAI, SpaceX to EU users in growth push

Robinhood co-founder and CEO Vlad Tenev unveiled on Monday that his company is planning to offer users the chance to buy tokenized shares in private companies like OpenAI and SpaceX.At a public event in Cannes, France, Tenev held what he claimed were the "stock tokens" to OpenAI and SpaceX. Tenev an

Adam Back Shuts Down Paper Bitcoin Controversy - defi, btc, paper, bitcoin, one, Coinpedia, Crypto

Adam Back Shuts Down Paper Bitcoin Controversy

Is there more Bitcoin in the market than there should be? That’s the latest debate heating up crypto circles.Bitcoin pioneer Adam Back stepped in this week to shut down growing claims of “paper Bitcoin” but not everyone is buying his take.Read on to know what the buzz is all about. What’s Paper Bitc

Kazakhstan plans national cryptocurrency reserve using seized assets, state-mined coins - block, crypto, bitcoin, The Block, solana, Crypto

Kazakhstan plans national cryptocurrency reserve using seized assets, state-mined coins

Kazakhstan will establish a state cryptocurrency reserve under a National Bank affiliate, financing the plan with assets seized in criminal cases and coins mined by state-owned operations, the country's central bank governor, Timur Suleimenov, said, according to a report by Kazinform.The regulator i

Bitcoin Price Analysis: BTC Needs to Break This Level to Explode to $120,000 - bitcoin, Crypto, ath, CryptoPotato

Bitcoin Price Analysis: BTC Needs to Break This Level to Explode to $120,000

Bitcoin has been gradually climbing toward its all-time high of $111K, though current momentum appears limited. Still, a successful breakout above this level could trigger a short-squeeze, propelling the price toward the next potential target at $120K.BTC Price Analysis: TechnicalsBy ShayanThe Daily

Iranian Crypto Exchange Nobitex Announces Partial Resumption of Operations After Security Breach - Crypto, crypto, wallet, Finance Magnates

Iranian Crypto Exchange Nobitex Announces Partial Resumption of Operations After Security Breach

Iranian crypto exchange Nobitex has started reopening operations, two weeks after suffering a major cyberattack that led to the loss of nearly $100 million. The exchange confirmed the partial restoration of operations on Sunday, while trading and deposits remain suspended.Follow- up on Nobitex Secur

Ethereum at Crossroads: $2.2K or $2.7K Next This Week? (ETH Price Analysis) - CryptoPotato, ethereum, fibonacci, Crypto, eth

Ethereum at Crossroads: $2.2K or $2.7K Next This Week? (ETH Price Analysis)

Ethereum remains dormant below the critical $2.5K resistance, constrained by declining volatility and subdued trading activity. A decisive move in either direction will likely require a fresh injection of demand or supply to break the current equilibrium.Ethereum Price Analysis: TechnicalsBy ShayanT

Bitcoin Freezes Over $100,000 As OG Whales ‘Dump On Wall Street’: Expert - Crypto, bitcoin, etf, bits, fomo, halving, btc, NewsBTC

Bitcoin Freezes Over $100,000 As OG Whales ‘Dump On Wall Street’: Expert

While Bitcoin continues to hover above the $100,000 threshold, the driving forces behind this historic consolidation phase appear to be more complex than the surface-level narratives of institutional “FOMO” and ETF euphoria. According to multiple leading analysts, a silent rotation is underway—one t

 Record Q2, monthly close next? 5 things to know in Bitcoin this week  - april, trump, 2024, time, Crypto, one, Cointelegraph, bitcoin, halving, donald trump

Record Q2, monthly close next? 5 things to know in Bitcoin this week

Bitcoin heads into a key double candle close just inches from records; can bulls stay in control?Bitcoin order-book liquidity games continue as the monthly and quarterly close sets the stage for sudden price moves. only needs to close June at $104,630 to seal its highest-ever monthly close.A calm w