Bitcoin price edged closer to the $75,000 mark after news reports suggested a potential de-escalation of the U.S.-Iran war. Bitcoin is now close to breaking out of an ascending triangle that could push it higher this week. According to data from crypto.news, Bitcoin (BTC) price rose nearly 6% to a 4-week high of $74,788 on
South Korean payments provider NHN KCP has entered into a memorandum of understanding with Ava Labs to develop a payments-focused Layer 1 blockchain on the Avalanche network, marking a step toward integrating blockchain infrastructure into real-world payment systems. The alliance centers on building a private mainnet tailored for commercial transactions, with a focus on speed,
Key takeaways $BTC is approaching $75,000 after adding nearly 5% to its value since Monday. The rally comes despite the ongoing crisis in the Middle East. Bitcoin ($BTC) has stabilized above $74,000 as of Tuesday’s press time, following a 5% rally the previous day. This price surge comes as the US enforces a blockade on
$BTC whale accumulation happened ahead of the recent rally above $74,000. Long-term holders have also increased their holdings. $BTC is showing a picture of slow recovery and ongoing accumulation. The past few months revealed a steady trend of whale accumulation in various cohorts. Following the recent switch to risk-on assets, $BTC climbed to $74,476.23, for
Cryptocurrency prediction markets project that Bitcoin ($BTC) is likely to end April trading above the $70,000 level, following weeks of consolidation below it. This outlook comes as Bitcoin re-established itself above $70,000 during a short market rebound. By press time, Bitcoin was trading at $74,535, up about 5.34% over the past 24 hours, while gaining
Prominent Bitcoin investor Fred Krueger has predicted that the flagship cryptocurrency will break its all-time highs again this year. The new peak will be highly consequential, according to the analyst. The main consequences The predicted ATH will disprove the theory that Bitcoin’s price strictly adheres to a four-year halving cycle. The persistent “Quantum FUD” will
In brief Bitcoin is up around 13% since the Iran conflict began on February 28, outperforming the S&P 500 and gold. The options market shows easing bearish pressure reflected in the improving 25-delta skew, signaling reduced demand for downside protection. Myriad users see a 75% chance that oil hits $120 next, despite the ceasefire and
Despite ongoing tensions between the US and Iran in the Middle East, Bitcoin (BTC) continues to hold strong. Bitcoin, although it fell to the $70,000 level after the first round of talks between the US and Iran over the weekend ended without a result, rose again above $74,000 following news that a second round of
Avalanche is moving beyond finance and into outer space, with a new network designed to verify telescope data in real time. SkyMapper has introduced a dedicated Avalanche-based network that cryptographically records observations from telescopes around the world, turning each data point into a secure, verifiable digital record. The new network, SkyMapper L1, collects data from
The $XRP Ledger added native support for zero-knowledge (ZK) proof verification by integrating with Boundless, a ZK proving network, in what the company claims is the first deployment of its kind on the ledger. The move is designed to let financial institutions transact privately on the public blockchain while meeting regulatory requirements. It addresses a