Crypto

Funding rates at 2023 lows signal the market is heavily short against bitcoin, ZeroStack's Daniel Reis-Faria says, setting up conditions for a forced unwind if prices push higher.

Zanzibar police are reportedly holding Asymmetric founder Joe McCann for questioning after the death of his fiancée, Ashly Robinson. Police in Zanzibar are reportedly holding Joe McCann, a crypto trader and the founder of the crypto fund Asymmetric, for questioning after his fiancée died while the pair were on vacation. McCann’s fiancée, Ashly Robinson, 31, died in hospital on April 9 after she was found a day earlier by staff at a hotel where the couple was staying, NBC News reported Thursday, citing a statement from Tanzanian police. Police ruled Robinson’s death a suicide but said they are still questioning McCann. CBS News reported that police are holding McCann’s passport until autopsy results are complete. Read more

Grinex has been accused by US authorities of assisting Russia and other entities in evading sanctions and laundering funds for Russia-linked hackers. Sanctioned crypto exchange Grinex said it has suspended trading after losing more than 1 billion Russian rubles ($13.7 million) to an attack bearing signs of involvement by foreign intelligence agencies. The exchange, which is registered in Kyrgyzstan but has been linked to Russia’s crypto ecosystem and alleged sanctions evasion, said on Thursday that the funds were taken from 54 addresses and that the digital footprint and nature of the attack indicate an “unprecedented level of resources and technology available only to entities of hostile states.” “Due to the attack, the Grinex exchange has been forced to suspend operations. All available information has been transferred to law enforcement agencies. A criminal complaint has been filed at the location of the infrastructure,” it added. Read more

“When we hit it, it will be vicious, so we have to prepare for that eventuality,” said former Treasury Secretary Henry Paulson on a potential US Treasury market crisis. Former Treasury Secretary Henry Paulson has urged US authorities to prepare a contingency plan for a potential future collapse in demand for US Treasurys, warning that the fallout would be “vicious.” “We need an emergency break-the-glass plan, which is targeted and short-term, on the shelf, so it’s ready to go when we hit the wall,” Paulson told Bloomberg in an interview on Thursday. The US Treasury market acts as the bedrock of the global financial system, serving as a “risk-free” benchmark with other assets, such as corporate bonds, mortgages, and stocks, being priced relative to Treasurys. Instability could cause ripple effects in the global economy. Read more

Analysts say reclaiming $76,000, sustained spot market buy volume and consistent inflows to the Bitcoin ETFs are the necessary components required for a rally to new highs. Bitcoin (BTC) struggles to reclaim price highs above $76,000, but analysts say that the uptrend may continue if key conditions are met. Bitcoin’s 8% climb over the last three days saw it reclaim key levels, including the 50-day exponential moving average (EMA) at $71,000. “$76K is the level that decides everything,” analyst Crypto Patel said in a Wednesday post on X, adding: Read more

Bitcoin price has entered the breakout stage of a classic bullish reversal pattern and is now eyeing a run toward $90,000. Bitcoin (BTC) appears on track to hit $90,000 in the coming weeks as whales accumulated about 20 times the cryptocurrency’s daily new supply in the past weeks. Key takeaways: Whales bought roughly 270,000 BTC in the past 30 days. Read more

Bitcoin consolidates between $73,000 and $75,000 as liquidations trigger a short squeeze, but weak spot demand keeps the upside momentum in check. Bitcoin (BTC) traded between $75,000 and $73,000 over a three-hour period during the New York market open on Thursday, and the abrupt downside move liquidated $283 million in futures positions. The resulting short squeeze pushed BTC back toward $75,000, but sustaining the rebound will require steady buying volume in the spot market. A sharp move lower to $73,200 from $75,400 triggered a wave of long liquidations across the futures markets, totaling to $166 million, according to market commentator CryptoReviewing. The price then reversed quickly, pushing back toward $75,000 and liquidating roughly $117 million in short positions, highlighting a rapid two-sided squeeze within the same trading window. Read more

Bitcoin’s futures funding rate has remained negative even as BTC bounced back above $75,000. Should traders be worried? Key takeaways: Negative Bitcoin futures funding rates signal bear-market losses and forced liquidations rather than a shift in sentiment.  Institutional inflows into Bitcoin ETFs and corporate accumulation suggest that spot demand remains solid. Read more

Cardano founder Charles Hoskinson says "it's not possible" to save all vulnerable Bitcoin from quantum computing under the current proposal.

Stark's departure from the Ethereum Foundation is the most high-profile exit from the organization since its shakeup in the first quarter of 2025. Josh Stark, a key researcher and project manager at the Ethereum Foundation, the non-profit organization that stewards development of the Ethereum ecosystem, said Thursday that he is departing the organization after five years. Stark did not provide a specific reason for his departure and said in a post on X that he has “no plans for the future.” Instead, he will take some personal time to focus on family and friends. He said: He is one of four people listed as “Management” on an organizational chart which shows nearly all of the Foundation’s staff reporting in. Cointelegraph reached out to Stark about his departure, but did not receive a response by the time of publication. The departure of Stark from the Ethereum Foundation represents the most high-profile exit from the organization since Ethereum co-founder Vitalik Buterin announced sweeping leadership changes a...

The Ethereum Foundation reported that a six-month program helped expose around 100 DPRK IT workers across 53 crypto projects.

An appellate court is expected to reach a decision after hearing arguments from Kalshi and lawyers representing the state of Nevada. Some legal experts speculated that the state vs. federal jurisdiction battle over regulating prediction markets companies could soon be headed to the United States Supreme Court. On Thursday, the US Court of Appeals for the Ninth Circuit heard oral arguments from lawyers representing prediction markets platform Kalshi and Nevada authorities over the state's ban on the prediction markets' event contracts. The appeal was over a lower court decision preventing Kalshi from offering certain event-based contracts in Nevada, based on claims that the company needed a gaming license. The appellate judge overseeing Thursday’s oral arguments and the lawyer for Kalshi acknowledged that there had been several state-level enforcement actions against the company and other prediction market platforms, including criminal charges filed in Arizona. However, last week a federal court blocked Arizon...

The allegations point to how aggressive marketing tactics can still draw in retail investors despite repeated warnings.

OpenAI's Codex desktop app now controls your Mac, runs its own browser, and generates images. The update pushes Codex further into territory occupied by Claude Code and OpenClaw.

Russian crypto exchange Grinex paused trading services after a $13 million exploit it says was conducted by "foreign special services."

The Bitcoin miner will use the proceeds to expand GPU capacity and data centers as it scales its high-performance computing business beyond mining. HIVE Digital Technologies said it plans to raise $75 million through a private offering of 0% exchangeable senior notes due 2031, with proceeds expected to fund GPU purchases, data center development and other capital investments. According to Thursday’s announcement, the notes will be issued by a wholly owned subsidiary and offered to qualified institutional buyers, with an option to raise an additional $15 million. Final terms, including the exchange rate, will be set at pricing. The notes will be exchangeable under certain conditions, with HIVE able to settle conversions in cash, common shares or a combination of both. They will not bear regular interest, will not accrete and are unsecured obligations of the issuer, fully guaranteed by HIVE. Read more

The United States government has rapidly adopted AI tools in recent years, but skepticism towards both AI and agencies alike is only growing.

Two linked wallets flawlessly bet on several pardons made by former President Joe Biden during his final minutes in office.

According to the latest official update, the third large-scale buyback and burn of JST has been completed. In this round, 271,337,579 JST tokens, worth an estimated $21.3 million, were burned, representing 2.74% of the total supply. Every dollar deployed in this round originated directly from the organic revenue of JustLend DAO. This includes approximately $10.34 […] The post On Schedule and Above Target: JST’s Third Buyback and Burn Breaches $21 Million appeared first on CryptoSlate.

XRP is outpacing both Bitcoin and Ethereum with a margin right now, and the prediction around its price is getting bullish. Trading at above $1.42, XRP records a 5% jump from yesterday, while Bitcoin and other major alts remain stuck. The post XRP Price Prediction: Ripple Posting Biggest Gain Edging BTC and ETH – Why the Sudden Surge? appeared first on Cryptonews.