Bitcoin ($BTC) price faces a potential correction in the near term as spot demand wanes amid more bearish whale derivatives traders. Bitcoin price recently rallied from $66,000 to hit $79,500 for the first time since late January, largely fueled by renewed demand in the perpetual futures market, according to analytics from CryptoQuant. Furthermore, $BTC was
Market analyst Sunil Gurjal warns that Bitcoin’s recovery to $76,000 may be another price trap rather than the start of a lasting rally. In a post on X, Gurjal noted that retail investors are buying into the bounce, repeating the same mistake that burned traders in 2022. The warning comes as Bitcoin continues to flash
Cryptocurrency data infrastructure provider Pyth Network ($PYTH) announced a radical change in its economic model, shifting to a revenue-driven growth strategy. According to the statement, the project will accelerate infrastructure investments while moving away from a token-based incentive model and focusing on sustainable revenue generation. According to Pyth’s OP-PIP-100 proposal, the existing network infrastructure, Pythnet,
Bitcoin fell 2.86% today from yesterday’s intraday high while the S&P 500 gapped lower. The current Bitcoin price chart shows $BTC rallying from roughly the mid-$74,000s on Monday, Apr. 20, to a local high near $79,500 yesterday, then reversing by about $2,276 over roughly 17 hours. As of press time, CryptoSlate’s Bitcoin page shows $BTC
Fold (FLD), a Bitcoin-focused financial services application, has officially launched a corporate Bitcoin bonus program. This initiative allows companies to offer bonuses denominated in Bitcoin, aligning with payroll cycles. Fold manages the conversion to $BTC, along with custody, vesting, and distribution. The program aims to enhance long-term employee retention through structured vesting schedules. This move
Coinbase has rebuilt its anti‑fraud stack by tightly integrating machine learning models with a high‑speed rules engine, slashing response times to new scam patterns from days to hours just as TRM Labs warns crypto fraud is now a tens‑of‑billions‑per‑year, AI‑supercharged industry. Coinbase has upgraded its anti-fraud stack by tightly integrating machine learning models with a
Galaxy’s Alex Thorn says Strategy now holds more Bitcoin than BlackRock’s IBIT and, if its pace holds, could match Satoshi’s estimated 1.1m $BTC stash within two years. Galaxy Digital head of research Alex Thorn has flagged that Strategy’s Bitcoin holdings have now overtaken those of BlackRock’s iShares Bitcoin Trust (IBIT), the world’s biggest spot Bitcoin
Despite rising geopolitical risks in global markets, the continued rise in risky assets signals a serious vulnerability, according to some analysts. Bitcoin whale Garrett Jin stated that the Strait of Hormuz crisis has been seriously underestimated by the market and that a solution has yet to be found. According to Jin, the fact that Brent
It’s been a volatile week for the shares of Figure Technology Solutions as crypto-linked stocks react to shifting investor sentiment and early signs of a broader market rebound. FIGR stock fell more than 9% in early Thursday trading, slipping back to the mid-$32 range after climbing near $37 earlier in the week. The earlier gains