Bitcoin | Crypto

Bitcoin bulls failed to stay above $72,000 for long as BTC price action already began to discount the impact of a US-Iran ceasefire agreement. Bitcoin (BTC) hit new three-week highs into Wednesday’s Wall Street open as stocks surged on a US-Iran ceasefire. Key points: Bitcoin briefly hits new three-week highs before round-tripping its gains. Read more

The broker said advances in quantum computing are accelerating the timeline for crypto risk, but argued Bitcoin faces a multi-year upgrade cycle, not an existential crisis.

Bitcoin miner Cango said it sold 2,000 BTC to pay off debt and cut its BTC production cost by 19% as part of its strategic pivot to energy and AI infrastructure. Bitcoin mining company Cango said on Wednesday it slashed its Bitcoin production cost to $68,215 per coin, a 19.3% cost reduction compared to the average cash cost of $84,552 per coin reported in the fourth quarter of 2025.  The company attributed the reduction to its shift toward a “lean-production model” that prioritizes margin resilience over raw scale, according to its monthly operational report. Cango said the production cost reduction will help the company weather the volatility of Bitcoin prices. The company sold 2,000 Bitcoin (BTC) in March at an average price between $68,000 and $69,000, a spokesperson for Cango told Cointelegraph, netting the company around $137 million. Cango said the proceeds were used to reduce outstanding Bitcoin-backed loans. As of March 31, Cango had $30.6 million in Bitcoin-backed loans outstanding and held 1,025.69 ...

Bitcoin climbed back above $70,000 on Wednesday after news that the United States and Iran had agreed to a Pakistan-brokered two-week ceasefire tied to reopening the Strait of Hormuz. According to CryptoSlate's data, the top crypto rose 5% to a peak of $72,734 before retracing to $71,477 as of press time. Data from CryptoQuant showed […] The post Traders poured $3 billion into Binance after Bitcoin hit $72,734 on ceasefire headlines – what are they betting on? appeared first on CryptoSlate.

A New York Times investigation points to Adam Back as Satoshi Nakamoto, but the Blockstream CEO denies it, and critics say proof is still missing. The New York Times published an investigation on Wednesday arguing that Adam Back, the British cryptographer who invented Hashcash, is the most likely person behind the Satoshi Nakamoto pseudonym used by Bitcoin’s creator. Back denied the claim, telling Cointelegraph he was referring reporters to his post on X after previously rejecting similar attempts to identify him as Satoshi. Back reiterated in the post that he is not Satoshi, adding that he “was early in laser focus on the positive societal implications of cryptography, online privacy and electronic cash, hence my ~1992 onwards active interest in applied research on ecash, privacy tech on cypherpunks list which led to hashcash and other ideas.” The investigation was conducted by John Carreyrou, a French-American investigative journalist best known for exposing the Theranos fraud. In the report, he claims that...

Bitcoin rose toward $72,000 after US President Donald Trump confirmed a ceasefire agreement with Iran, sending oil prices crashing below $100. Bitcoin (BTC) surged to $72,700 during Tuesday’s New York trading session as oil fell below $100 per barrel after US President Donald Trump confirmed a two-week ceasefire with Iran.  Key takeaways: Bitcoin bounced 7% to $72,700 on Tuesday after the US and Iran agreed to a two-week ceasefire. Read more

The Cardano community has officially approved the first tranche of the Orion Fund, a venture-style initiative designed to bridge Bitcoin liquidity into its decentralized finance (DeFi) ecosystem. The governance vote unlocks 50 million ADA from the network's treasury, marking a pivotal shift in how Cardano funds its long-term economic expansion. The approval, which cleared required […] The post Cardano targets Bitcoin liquidity with $80 million fund to meet $3 billion DeFi goal by 2030 appeared first on CryptoSlate.

The Morgan Stanley Bitcoin Trust will be the cheapest Bitcoin ETF on the market at an ultra-low 0.14% fee. Morgan Stanley’s Bitcoin exchange-traded fund is set to debut on the NYSE Arca stock exchange on Wednesday, making it the first major commercial bank to offer a Bitcoin ETF in the US. The launch of the Morgan Stanley Bitcoin Trust (MSBT) on April 8 was confirmed in a listing notice by the New York Stock Exchange on Tuesday. It would make MSBT the first spot Bitcoin (BTC) ETF product to enter the market in nearly two years, since crypto asset manager Grayscale introduced its Bitcoin Mini Trust ETF in July 2024.  Read more

Iran's Supreme National Security Council on Wednesday accepted a two-week ceasefire in its war against the US, but emphasized this did not mean an end to the war. The price of Bitcoin pushed past $72,000 for the first time in 20 days after the US and Iran agreed to a two-week ceasefire. “I agree to suspend the bombing and attack of Iran for a period of two weeks,” Trump said in a Truth Social post on Tuesday, hours before his deadline for Iran to reopen the Strait of Hormuz or face military attacks on key infrastructure.  Iran's Supreme National Security Council also said it accepted the ceasefire. Read more

The 30-day simple moving average of the global network hashrate has also declined, though an analyst says the slump is due to Bitcoin prices hurting mining profitability rather than conflict. Iran’s hashrate has plummeted over the past quarter amid an ongoing conflict with the US and Israel, though the war itself has not dragged down global hashrate, according to a new report from Hashrate Index. Iran has lost roughly 7 exahashes per second (EH/s) quarter-over-quarter, said Ian Philpot, marketing director at Luxor Technology, in a report published Monday. The country’s hashrate now sits at about 2 EH/s according to the Hashrate Index heatmap. Philpot noted that while the regional conflict clearly impacted Iran, it could have triggered a ripple effect for neighboring countries such as the United Arab Emirates and Oman, yet so far, neither has been affected.   Read more

The Bitcoin supply held in long-term investor wallets moved above 4 million BTC, while a network activity index flashed a “bull phase” signal. New data suggests that Bitcoin (BTC) could be moving closer to a bull market phase as its supply slowly shifts back into long-term, retail-investor-linked wallets. The figure surpassed 4 million BTC in Q1 2026. The accumulation trend aligns with a rise in Bitcoin network activity index to levels last seen in April 2025, signaling a return of stronger network activity. CryptoQuant data shows that balances held by accumulating address cohorts continued to rise into Q1 2026. The total BTC held by these cohorts has crossed 4.37 million BTC as of April 7, up from about 2 million BTC in early 2024, signaling sustained supply absorption. Read more

Morgan Stanley is joining the Bitcoin ETF party late, but Bloomberg's Eric Balchunas says the investment bank isn't showing up empty-handed.

Bitcoin continued to hold near $68,000, a key long-term support level, this morning as traders waited for President Donald Trump’s latest deadline for Iran. The tension built after Trump said on Truth Social that “a whole civilization will die tonight” as his 8 P.M. Eastern deadline for a deal with Iran approached. The warning came […] The post Bitcoin clings to $68,000 as Trump’s final Iran deadline expires at 8 PM EST and oil screams higher appeared first on CryptoSlate.

Wintermute analysts said Bitcoin’s price stability against the extreme bearish sentiment present in the market is a positive. Will BTC ever flip $70,000 back to support? Bitcoin (BTC) continues to show strong support at $67,000, even as a growing split between BTC's price stability and bearish sentiment among investors leaves the cryptocurrency in a state of equilibrium. BTC’s resilience in avoiding dips below $60,000 has been driven by strong institutional investor demand and long-term buying, despite volatility stemming from the US-Israel-Iran war. Market maker Wintermute noted that Bitcoin’s price and sentiment were diverging. The Fear and Greed Index sat at 11 on Tuesday, staying in “extreme fear” for over a month. Read more

Bitcoin and risk-asset price action tried to brush off new US-Iran war rhetoric just hours before the deadline for a deal passed. Bitcoin (BTC) stayed near a key long-term trend line at Tuesday’s Wall Street open as markets waited for US-Iran war cues. Key points: Bitcoin and US stocks attempt to shrug off claims by US President Donald Trump that a “whole civilization will die” after his Iran deadline expires. Read more

Multiple Bitcoin indicators, including a bull-bear sentiment index and realized price metric, point to a possible final BTC shakeout toward $54,000 Bitcoin (BTC) is showing signs of the bear market’s late stages but could see another leg lower in the coming months, says Joao Wedson, founder and CEO of on-chain analytics platform Alphractal. Key takeaways: BTC may still see one last big drop before recovering, based on one sentiment indicator. Read more

Bitcoin rose and fell alongside ceasefire hopes. Strategy and Tom Lee kept buying size. And Polymarket may be building its own financial system.

The state of quantum computing and what it would take to threaten Bitcoin Quantum computing has advanced materially over the past 18 months, but the field remains in the transition from noisy hardware to early fault tolerance. The key shift is away from raw physical-qubit counts and toward logical qubits, gate fidelity, runtime, and error […] The post Why quantum labs won’t steal your Bitcoin as bad actors are decades behind appeared first on CryptoSlate.

Bitcoin stochastic RSI signals led a trader to draw key comparisons between current BTC price action and its rebound after the 2022 bear market. Bitcoin (BTC) is copying the end of its 2022 bear market “nearly perfectly,” according to a new BTC price analysis. Key points: Bitcoin stochastic RSI values are “nearly perfectly” repeating the end of its last bear market, new analysis claims. Read more

Spot Bitcoin ETFs draw $471 million in their strongest daily inflow in weeks, while Ether funds return to gains despite cautious sentiment. US-listed spot Bitcoin exchange-traded funds (ETFs) have renewed the pace of inflows, recording their largest daily flows in weeks. Spot Bitcoin (BTC) ETFs posted $471 million in inflows on Monday, the largest daily inflow since Feb. 25, when the funds attracted $507 million, according to SoSoValue. The inflows came as the Bitcoin price briefly approached $70,000 before retreating below $69,000, according to CoinGecko data. Read more