Crypto

The question is: in which direction is XRP heading next?

Bitcoin price briefly touched $79,400 in early trading before retreating sharply, as the the $80,000 ceiling held firm for yet another rejection. What's next? $80K or $75K? The post Bitcoin Price Prediction: Sell-Off Monday in Another Failed Attempt to Break Resistance appeared first on Cryptonews.

Those calling for shorts too early are helping push prices higher, and their liquidations will finance the setup for the larger move down.

Bitcoin is heading into a rare macro window where the first reaction may age fast. The Federal Reserve is scheduled to conclude its April meeting on April 29, with the FOMC decision and press conference landing that afternoon. The next morning, the US Bureau of Economic Analysis is scheduled to release the first quarter GDP and […] The post This week Bitcoin will face major volatility across a key 48 hour period: Fed first, GDP and PCE right after appeared first on CryptoSlate.

Your look at what's coming in the week starting April 27.

French law enforcement agencies have been investigating wrench attacks and found that some of the alleged offenders were involved in multiple incidents At least 88 people, including ten minors, have been indicted in connection with alleged wrench attacks against crypto owners in France, according to Vanessa Perrée, the country’s national prosecutor for organized crime. Perrée said in a statement on Friday that 75 of the alleged offenders are being held in pre-trial detention, with the arrests related to 12 cases currently under investigation by specialized investigating judges of the Paris Judicial Court and monitored by the National Prosecutor's Office for Organized Crime (PNACO). Wrench attacks involve the use of physical force to gain access to a victim’s crypto wallet and have taken the form of home invasions, kidnappings and other extortion attempts.  Read more

About 3.5% of informed traders, including market makers and skilled takers, capture over 30% of profits on prediction platforms, while about 67% of users absorb the entirety of losses. Prediction market platforms’ ability to accurately predict events is driven by a small set of highly informed traders rather than crowd-sourced wisdom, according to researchers from London Business School and Yale University. About 3.5% of these accounts “generate the bulk of price discovery” on prediction markets like Polymarket, according to a paper by Roberto Gomez-Cram, Yunhan Guo, Theis Ingerslev Jensen and Howard Kung, which was revised April 25.  “The remaining majority does not produce accuracy; rather, it funds it,” the authors said. Read more

The funding follows a $290 million rsETH bridge exploit that disrupted DeFi markets and triggered a coordinated recovery effort. Consensys and Ethereum co-founder Joe Lubin have joined DeFi United, committing as much as 30,000 ETH to a recovery effort aimed at restoring rsETH backing after a $290 million bridge exploit triggered widespread disruptions across DeFi. The initiative, led by participants in Aave DAO, aims to support affected users and stabilize rsETH markets, with governance approvals still pending across involved protocols. The funding is intended to provide immediate liquidity while governance processes continue, with an eye on limiting disruption across DeFi protocols. Sharplink, a publicly traded Ethereum treasury company, has joined in an advisory role to help structure the recovery plan. Read more

Paul Sztorc proposes a 2026 hard fork of Bitcoin called eCash, giving BTC holders equivalent tokens and adding Drivechains.

The two blue-chip collections are leading double-digit gains as global NFT sales volume falls and participation hits multi-year lows.

Over $140 million worth of shorts were wrecked in the past 12 hours alone.

Western Union CEO Devin McGranahan said the company will focus on expanding adoption and embedding digital assets into its core money movement platform going forward. Financial services giant Western Union is targeting May for the rollout of its new stablecoin as part of a crypto plan that includes its digital asset network and US dollar stable card.  “Over the last few months, we've crossed an important threshold. It is no longer a question of if Western Union will be active in digital assets, it is now how fast can we scale,” said Western Union president and CEO Devin McGranahan during the company’s first-quarter earnings call on Friday.  “At the foundation of our strategy is USDPT, our US dollar-backed stablecoin. USDPT is now in its final stages of readiness and is expected to go live next month,” he added.  Read more

More than $21 million in contributions has been made to the "DeFi United" relief effort so far, with another $215 million to be potentially allocated if certain governance proposals succeed. Aave Labs has proposed that the decentralized autonomous organization behind Arbitrum unfreeze $73.5 million in Ether tied to the Kelp DAO attack and to direct those funds to “DeFi United,” a fund aimed at restoring rsETH and compensating its holders. Last week, the Arbitrum Security Council moved to freeze 30,765 Ether (ETH) held in a wallet connected to the $293 million Kelp exploit.  In a proposal posted Saturday on the Arbitrum governance forum, Aave Labs said directing those funds to a planned remediation effort would “restore normal conditions for Arbitrum users” and the wider ecosystem and that the Ether on Arbitrum “represents a material contribution” toward restoring the Kelp DAO restaked ETH (rsETH) token. Read more

Bitcoin was “rejected” from the $80,000 price level, which is its next resistance zone on the way to reclaiming the $100,000 psychological price level. The price of Bitcoin (BTC) could bottom out at the $57,000 level in October 2026, despite rallying by more than 29% since the low of about $60,000 in February, according to Bitcoin investor and author Michael Terpin. Terpin told Cointelegraph that his forecast is based on the “historical average” drawdown of about one year from a market cycle top, which was reached in October 2025 when BTC surged to an all-time high above $126,000, to the cycle bottom. Bitcoin’s price needs to reclaim the $100,000 level for the bull market to resume, which will likely occur when the price falls below the 200-week moving average, a dynamic and critical support level, he said. Terpin added:  Read more

Bitcoin is trading at $78k, closing out the final week of April with a quiet but persistent grind higher that has now taken price above the $75k–$80k resistance band’s midpoint. The move has been orderly rather than explosive, and that measured character, combined with what the derivatives market is currently showing, may actually be setting […]

The official DeFi United site shows over 69,550 ETH raised from 222 wallets across 1,623 transfers, all aimed at restoring rsETH backing, acting as DeFi's emergency recapitalization desk. The effort is the closest thing the industry has built to a lender of last resort, assembled without a regulator, a central bank, or a mandate. Aave's […] The post DeFi lost $13B this month as the KelpDAO rescue shows both the best and worst of DeFi appeared first on CryptoSlate.

The biggest Bitcoin treasury company's data shows holdings are profitable, having gained about 3.3% amid Bitcoin's rally to about $78,000. Michael Saylor, the co-founder of Strategy, the largest Bitcoin treasury company, as measured by total BTC holdings, signaled that the company will be boosting those holdings in the coming days. Saylor shared a chart of the company’s Bitcoin purchase history, showing 107 BTC transactions since 2020, which has previously signaled an impending purchase. Less than a week ago, Strategy completed its most recent BTC buy, purchasing 34,164 coins for more than $2.5 billion, bringing its total holdings to 815,061 BTC, valued at about $63.6 billion using spot market prices at the time of publication, according to the company. Read more

Coachella is experimenting with AI-built artist tools, immersive digital worlds, and 3D performance archives that could shape future fan experiences.

A crypto founder had his laptop compromised when he joined what appeared to be a Microsoft Teams call with Pierre Kaklamanos, a Cardano Foundation contact he had spoken with before. When “Pierre” reached out about Atrium and sent a Teams invite, nothing looked out of place. On the call, the face and voice matched what […] The post OpenAI’s new image model shows why crypto scams are about to get much worse appeared first on CryptoSlate.

April is almost over. May is the month to watch.