Crypto prices may stabilize in late Q2, rebound in Q3 possible: Coinbase report
Coinbase has warned that crypto may be entering a new bear market, but it expects prices to find support between May and June, potentially setting up a stronger Q3. In its monthly report published on Apr. 15, Coinbase noted that…...
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Ethereum Layer-2 ZKsync Airdrop Account Hacked for $5M
On April 15, the team behind the Ethereum scaling network, ZKsync, identified a compromised admin account that took control of $5 million worth of ZK tokens. These were the remaining unclaimed coins from the ZKsync airdrop, they added. The team reassured users that all their funds are safe and have...
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Crypto Comeback? Germany’s Next Ruling Party Reverses Its Stance
Germany’s Christian Democratic Union (CDU) has radically altered its position on cryptocurrency from critic to advocate in the run-up to the formation of the nation’s new government. The political party, once a leader in advocating hardline regulations against digital assets, now seeks to transform Germany into a Bitcoin business...
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XRP Charts ‘Rising Wedge’ To Signal Price Plunge: Technical Analysis
Payments-focused XRP’s immediate prospects look bleak, with its price chart flashing a “rising wedge” breakdown. A rising wedge comprises two converging trendlines that connect higher lows and higher highs. This convergence suggests that upward momentum is weakening. When the price moves below the lower trendline, it signals a shift...
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Cathie Wood Calls It ‘Financial Services Revolution’ After Ark Analyst Highlights DeFi’s Dominance Over Traditional Banking System
Cathie Wood, the founder of asset management firm Ark Invest, hailed the sharp growth of decentralized finance vis-à-vis centralized finance on Tuesday, calling it a “financial services revolution.” What Happened: The influential investor was responding to an X post by Lorenzo Valiente. Director of Research at Ark Invest, who highlighted “strong,...
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Why This Bitcoin (BTC) Rally Isn’t Bringing the Usual Hype
The current Bitcoin cycle feels unusually subdued compared to previous bull runs. Despite price appreciation, the level of excitement and retail participation remains muted. CryptoQuant believes that an important on-chain metric underlines this shift – the percentage of BTC held for one week to one month is significantly lower...
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Mantra CEO offers to burn his team token allocation as OM remains 88% down from weekly high
JP Mullin, CEO of Mantra, said he plans to burn his entire 772,000 OM token allocation in response to criticism over the project’s recent collapse and insider activity allegations. His statement follows an intense three days of scrutiny after the…...
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Securitize acquires MG Stover’s fund services unit, becoming the largest digital asset fund administrator
Securitize has acquired MG Stover’s fund administration business, making it the world’s largest digital asset fund administrator. The news was announced in an Apr. 15 press release, in which Securitize said its subsidiary, Securitize Fund Services, will now oversee $38…...
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Dogecoin Bull Run Could Start After False Break, Says Chartist Even As Key Indicator Flashes ‘Sell’ Signal
A widely followed cryptocurrency analyst predicted a possible bull run for Dogecoin (CRYPTO: DOGE) on Tuesday, following a false break in the dog-themed memecoin’s trajectory. What Happened: Trader Tardigrade, an X user known for their bullish outlook on Dogecoin, noticed that the coin has made a false break for the...
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UK lawmaker’s X account hacked to boost scam ‘House of Commons Coin’
The X account of UK Member of Parliament and Leader of the House of Commons, Lucy Powell, was hacked to promote a scam crypto token. In a series of now-deleted posts on April 15, Powell’s X account shared links to a token called the House of Commons Coin (HOC),...
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