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Labor pain, crypto gain — How weak JOLTS data sets path for Bitcoin price to rally

Labor pain, crypto gain — How weak JOLTS data sets path for Bitcoin price to rally

Key points:Weak labor and consumer data often precede Bitcoin rallies, leading some analysts to anticipate future economic stimulus programs.Job openings fell to 7.2 million in March versus the 7.5 million forecast and consumer confidence hit its lowest level since January 2021.If past patterns hold…

Chainlink Flashes Daily Buy Signal – Breakout Next?

Chainlink Flashes Daily Buy Signal – Breakout Next?

Chainlink (LINK) is currently consolidating around the $15 level, as bulls attempt to reclaim higher ground after a volatile yet promising few weeks. Despite facing stiff resistance near this zone, LINK continues to show strength amid a broader market rebound, holding steady while many other altcoin…

Cardano ‘Looks Dope,’ Analyst Predicts Big Move Soon

Cardano ‘Looks Dope,’ Analyst Predicts Big Move Soon

Cardano (ADA) is hovering at $0.71, but the weekly structure that veteran chartist Maelius (@MaeliusCrypto) published on X suggests that the lull may be only a pause before the next leg higher. The analyst’s chart compresses seven years of ADA/USD history into one pane and shows that – despite a 45 …

Indian high court orders steps to block Proton Mail

Indian high court orders steps to block Proton Mail

A court in India has ordered the encrypted email service Proton Mail blocked in the country for refusing to share information with authorities.In an April 29 hearing of the High Court of Karnataka, Justice M Nagaprasanna ordered the government to “block forthwith” domain names associated with Proton…

 $649B stablecoin transfers linked to illicit activity in 2024: Report

$649B stablecoin transfers linked to illicit activity in 2024: Report

Cryptocurrency compliance firm Bitrace found that $649 billion worth of stablecoins flowed through addresses classified as high-risk in 2024, according to an April 29 report.Bitrace defines high-risk blockchain addresses as those used by illegal entities to receive, transfer or store stablecoins.Cry…

AI has a trust problem — Decentralized privacy-preserving tech can fix it

AI has a trust problem — Decentralized privacy-preserving tech can fix it

Opinion by: Felix Xu, co-founder of ARPA Network and Bella ProtocolAI has been a dominant narrative since 2024, but users and companies still cannot completely trust it. Whether it’s finances, personal data or healthcare decisions, hesitation around AI’s reliability and integrity remains high.This g…

Prosecutors push for 20-year sentence for former Celsius CEO Alex Mashinsky, citing ‘continuing danger he poses’

Prosecutors push for 20-year sentence for former Celsius CEO Alex Mashinsky, citing ‘continuing danger he poses’

Prosecutors say that former Celsius CEO Alex Mashinsky should be sentenced to twenty years in prison for losing billions of customers' dollars. The U.S. Attorney's office for the Southern District of New York, led now by Jay Clayton, filed a sentencing memorandum on Monday ahead of Mashinsky's sente…

UK Targets Crypto Exchanges With New Rules as Adoption Triples to 12%

UK Targets Crypto Exchanges With New Rules as Adoption Triples to 12%

As crypto adoption surges in the UK, the government has introduced draft legislation seeking to tighten oversight of crypto firms while keeping Britain attractive to investors and innovators.The announcement, made by Chancellor Rachel Reeves at a London fintech summit, could mark a turning point in …

 Bitcoin miner Phoenix Group adds 52 MW of mining capacity in Ethiopia

Bitcoin miner Phoenix Group adds 52 MW of mining capacity in Ethiopia

Bitcoin mining firm Phoenix Group announced the addition of 52 megawatts (MW) worth of mining capacity to its capabilities in Ethiopia.According to an April 29 announcement, with this latest addition, Phoenix’s Bitcoin mining capacity in Ethiopia reaches 132 MW. The firm’s global capacity now report…

Trump’s first 100 days ‘worst in history’ despite crypto promises

Trump’s first 100 days ‘worst in history’ despite crypto promises

The first 100 days of the administration of US President Donald Trump have deeply impacted the crypto industry, starting with his own memecoin and culminating in a Bitcoin reserve and a spate of blockchain policymaking. Trump’s trade war with the entire world has had the largest short-term impact on…

Bitcoin To Explode To $210,000 This Year, Says Quant Powerhouse Presto

Bitcoin To Explode To $210,000 This Year, Says Quant Powerhouse Presto

In a live interview on CNBC’s Squawk Box on Monday, Peter Chung, Head of Research at quantitative trading firm Presto, reaffirmed his conviction that Bitcoin can reach $210,000 before the end of 2025, arguing that the asset is evolving into a macro-level refuge during moments of stress in the global…

Bitcoin trades at ‘40% discount’ as spot BTC ETF buying soars to $3B in one week

Bitcoin trades at ‘40% discount’ as spot BTC ETF buying soars to $3B in one week

Key takeaways: Data suggests that Bitcoin currently trades at a 40% discount. Over 36,000 Bitcoin were withdrawn from Coinbase and Binance on April 25. Bitcoin’s fractal pattern from Q4 2024 could propel prices above $100,000 in April. Bitcoin is currently trading at a 40% discount to its intrinsic…