bitcoin_news

• ‘National emergency’ as Trump’s tariffs dent crypto prices
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  Crypto markets dipped after US President Donald Trump's declaration of a national emergency and sweeping tariffs on all countries as part of his latest salvo in the ongoing trade war. The Trump administration has hit all countries with a 10% tariff starting April 5, with some countries facing even larger rates, such as China facing a 34% tariff, the European Union 20%, and Japan 24%. During an April 2 speech in the Rose Garden at the White House, Trump said the US is charging countries “approximately half of what they are and have been charging us.”🚨 @POTUS signs an Executive Order instituting reciprocal tariffs on countries throughout the world.It's LIBERATION DAY in America! pic.twitter.com/p7UnfE617B— Rapid Response 47 (@RapidResponse47) April 2, 2025The crypto market briefly went up at the news of a 10% sweeping tariff,  but once the full scope became known, it dipped with bleeding across the board. Bitcoin (BTC) had been staging a rally, reaching a session high at $88,500 but dropped 2.6% back to around $82,876. Meanwhile, CoinGecko data shows Ether (ETH) dropped over 6% from $1,934 to $1,797 following the tariff announcements and the total crypto market cap dropped 5.3% to $2.7 trillion. The Crypto Fear & Greed Index, which measures market sentiment for Bitcoin and other cryptocurrencies, returned a score of 25, classed as extreme fear, in its latest April 2 update. However, prices have clawed back some losses since. Bitcoin has recovered 0.8% to $83,205. While Ether regained 1.2% to take back $1,810.The crypto Fear & Greed Index score has returned an average rating of fear for the last week but has now dipped to extreme fear. Source: Alternative.meStock markets didn't fare much better; trading resource The Kobeissi Letter said in an April 2 post to X that the stock market index S&P 500 erased over $2 trillion in market cap, working out to be roughly $125 billion per minute.Trump tariffs could bring certainty to marketsRachael Lucas, a crypto analyst at Australian crypto exchange BTC Markets, said the brief surge was a case of “uncertainty relief,”  then a sell-off as the full tariff details were released. “On BTC Markets, trading volume surged 46% as local traders scrambled to reposition. Big players took profit on the spike, while smaller investors hesitated,” she said in a statement. Source: Daan Crypto TradesShe added that if China or the European Union “hit back hard,” expect another round of panic selling.US Treasury Secretary Scott Bessent urged US trading partners in an April 2 interview with Bloomberg against taking retaliatory steps, arguing this is the high end of the number” for tariffs if they don't try to add more levies in response, which could provide a “ceiling” and certainty for markets.David Hernandez, a crypto investment specialist at crypto asset manager  21Shares, told Cointelegraph that markets experienced significant volatility during Trump’s speech, but the clarity could be a good thing in the long term. “Although the tariff rates were slightly higher than expectations, the announcement provided much-needed clarity on the scope and scale of the policy,” he said.Related: 70% chance of crypto bottoming before June amid trade fears: Nansen“Markets thrive on certainty, and with speculation now largely removed, institutional investors may see an opportunity over the coming days to take advantage of compressed valuations.”Hernandez says global responses will be key for the market going forward, speculating that Mexico and key East Asian economies, including China, South Korea, and Japan, could be evaluating countermeasures.Magazine: Financial nihilism in crypto is over — It’s time to dream big again

  2025-04-03 02:45:37 +0100
• Bitcoin rally to $88.5K obliterates bears as spot volumes soar — Will a tariff war stop the party?
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  Bitcoin price caught an unexpected bid by rallying to a session high at $88,500, but will the price gains be capped at a multimonth overhead resistance that is aligned with the 50-day moving average? Key points:Bitcoin extended its April. 1 gains as news that the Trump administration had not finalized its “Liberation Day” tariffs emerged. Israel, Mexico and India have already rolled back their tariffs on US imports or suggested that they will not do “tit for tat” tariffs in response to the expected April 2 US tariffs. Bitcoin (BTC) trades slightly below a 3-month descending trendline resistance where the price has consistentlybeen rejected during past rallies. Total market liquidations over the past 12-hour trading period have reached $145 million, with $69.4 million of the figure being Bitcoin shorts.  Data from Kingfisher, CoinGlass and Velo show short liquidations playing a role in today’s push above $88,500. Crypto market liquidations in the past 12-hours. Source. CoinGlass For the past few months, Bitcoin price has struggled to hold the gains accrued from rallies driven by leverage. Looking beyond futures markets, there are some positives that suggest that the market structure is slowly transitioning from bearish to bullish. As shown in the chart below, recent rallies were accompanied by a strong bid in the spot market and the return of the Coinbase Pro premium, leading some analysts to speculate that the shift was influenced by buying from Strategy and other companies focused on building Bitcoin reserves. Coinbase premium index. Source: CryptoQuantOver the last two weeks, GameStop, MARA, Metaplanet and Strategy all announced plans to buy more Bitcoin, with GameStop being on the verge of purchasing and Strategy actively adding to its BTC position. GameStop secures $1.5B for possible BTC purchase. Source: ArkhamIn the short-term, sustained spot buy volumes at Binance and Coinbase Pro, and the crypto and equities markets’ response to President Donald Trump’s “Liberation Day” tariffs are likely to be the most impactful factors that will influence the current bullish momentum seen in Bitcoin price.  Related: Bitcoin price on verge of breaking 10-week downtrend — Is $90K BTC next?This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

  2025-04-02 21:22:04 +0100
• West Virginia's BTC reserve bill is 'freedom' from a CBDC — State Senator
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  West Virginia’s Bitcoin (BTC) strategic reserve bill would give the state more sovereignty from the federal government and freedom from a potential central bank digital currency (CBDC), State Senator Chris Rose told Cointelegraph in an exclusive interview.“You hear these rumors that there are people at the federal government that will want to have a central bank digital currency,” Rose said. “And people don’t want that. People want decentralized currency. They want freedom.”The bill, introduced in February, seeks to allow the state treasury to invest up to 10% of public funds in precious metals like gold and silver, stablecoins, or any digital asset that has had a $750 million market capitalization or higher over the last 12 months. Currently, the only digital asset with such a market cap is Bitcoin.West Virginia State Senator Chris Rose. Source: CointelegraphRose, the bill's sponsor, said that the reason they decided on the market cap requirement was to allow the state to have exposure to cryptocurrency, but not to get trapped “in any things like memecoins.”Adopting Bitcoin on the state level would “give us a little more state sovereignty,” Rose added. “And I think that’s one reason why you see a lot of people who normally buy [Bitcoin] for themselves want to see their state government do the same.”He added that a 10% allocation of state funds would be a “good way to introduce [Bitcoin] to the state” while avoiding any fear from people who don’t understand digital assets. “It’s a good way to cap that where they feel comfortable, but also give us at least a decent exposure as well.”Bitcoin: “a very powerful” investment and freedom toolRose said that one of the roadblocks to getting the bill passed is fear, in particular among those who don't understand cryptocurrency. “Just like any other state, we have people who understand it. We also have people that don’t understand it, and people are always afraid of what they don’t know.”He added that “once they understand it, they realize it’s a very powerful investment tool and freedom tool for every one of us to adopt.”Excerpt of West Virginia Bitcoin reserve bill. Source: West Virginia LegislatureWest Virginia Governor Patrick Morrisey, who has envisioned a future state economy powered by crypto and other tech, won’t be a roadblock, Rose said. And the state treasurer, whom Rose consulted before introducing the bill, won’t either.However, according to WVNews, a West Virginia publication, some lawmakers and financial experts remain skeptical. Investing state funds into Bitcoin may be risky due to the asset’s volatility and price swings, which can cause financial instability and make Bitcoin a controversial choice for state investments.Although Bitcoin strategic reserve bills have been popping up in state legislatures around the United States, some bills have failed to pass or have scrapped key provisions, including some of those in traditionally conservative states.Currently, 47 strategic Bitcoin reserve bills have been introduced in 26 states according to Bitcoin Laws. While, in most of the states, the bills have only been introduced or referred to committees, some have made headway in three: Arizona, Oklahoma, and Texas.Related: Texas Senate passes Bitcoin strategic reserve billRose clarified that the 10% of state funds allocated to precious metals, stablecoins, or Bitcoin would be sourced from two key areas.“It would be the assets under the pensions fund and under the severance tax fund,” Rose said. “They would be able to divest some of those ETF funds into these assets. We wanted to keep it separate from the petty cash fund, which is day-to-day, just paying the bills of the state. We wanted to keep it to our longer-term assets,” he added.Magazine: X Hall of Flame, Benjamin Cowen: Bitcoin dominance will fall in 2025

  2025-04-02 21:15:00 +0100
• Bitcoin price on verge of breaking 10-week downtrend — Is $90K BTC next?
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  Bitcoin’s (BTC) price is off to a swift start in Q2, rallying by 5.53% to an intraday high of $87,333 on April 2. Currently, Bitcoin is emerging from a ten-week downtrend that began on Jan. 20 when the price peaked at $110,000. A decisive close above the trendline might lead to continued bullish momentum for Bitcoin in the coming days.Bitcoin 1-day chart. Source: Cointelegraph/TradingViewBitcoin spot traders drive the rallyThroughout March, spot traders on Binance and Coinbase held opposite stances in the market. Binance traders were aggressive BTC sellers, while Coinbase showed significant spot bids around the $80,000 price level. This dynamic contributed to the sideways price action during the majority of March. Fast forward to April, and spot traders on major exchanges have collectively turned bullish over the past three days. Binance, Coinbase spot buyers data. Source: Aggr.tradeData from aggr.trade highlights that Coinbase and Binance spot bids are driving positive action for BTC. The buying pressure is particularly high on Coinbase, with spot bids increasing as high as $7.98 million over the past few hours. Likewise, Dom, a crypto markets analyst, pointed out that Bitcoin’s current rally is possibly due to Binance sellers tapering off. The analyst said, “BTC has been able to breathe ever since the Binance selling tapered off. We are even seeing some spot buying from them for the first time in over a week.”Related: Bitcoin breaks $86K as US tariff 'Liberation Day' risks 11% BTC price dipBitcoin flips key resistance at $84K to $85KFrom a technical perspective, Bitcoin has flipped an important resistance range between $84,000 and $85,000 into support. Likewise, the cryptocurrency has attained a bullish position above the 50-day, 100-day and 200-day exponentially moving averages (EMAs). Bitcoin 4-hour chart. Source: Cointelegraph/TradingViewHowever, based on the external liquidity levels between $87,700 and $88,700, which formed the previous highs, BTC prices might struggle to break this range immediately. Consolidation between the green box (as illustrated in the chart) is likely a net positive, which might fuel BTC’s $90,000 retest for the first time since March 7. On the flip side, an immediate correction to the current support at $84,000 and $85,000 could possibly discourage bulls, and short sellers might take control of price action. Bullish invalidation could be on the cards if BTC price closes below $85,000 over the next few days. With markets bracing for further market volatility ahead of President Trump’s “Liberation Day” tariffs, Bitcoin price is expected to react further during today’s White House press conference at 4 pm Eastern Time. Related: Bitcoin price can hit $250K in 2025 if Fed shifts to QE: Arthur HayesThis article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

  2025-04-02 20:25:21 +0100
• Price analysis 4/2: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, TON, LINK, LEO
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  Bitcoin (BTC) bulls have pushed the price above the $87,000 level even as US trade tariffs are slated to kick in on April 2. Bitcoin may remain volatile in the near term, but analysts remain bullish for the long term.According to Fidelity analyst Zack Wainwright, Bitcoin is currently in an acceleration phase, which “can conclude with a sharp, dramatic rally” if history repeats itself. If that happens, Wainwright expects $110,000 to be the starting base of the next leg of the upmove.Crypto market data daily view. Source: Coin360BitMEX co-founder and Maelstrom chief investment officer Arthur Hayes said in a post that if the Federal Reserve pivots to quantitative easing, then Bitcoin could rally to $250,000 by year-end.Could Bitcoin break above the $89,000 overhead resistance, starting a rally in select altcoins? Let’s analyze the charts of the top 10 cryptocurrencies to find out.Bitcoin price analysisBitcoin has risen close to the resistance line, where the sellers are expected to pose a solid challenge.BTC/USDT daily chart. Source: Cointelegraph/TradingViewThe flattening 20-day exponential moving average ($85,152) and the relative strength index (RSI) just above the midpoint signal the bears are losing their grip. That improves the prospects of a rally above the resistance line. If that happens, the BTC/USDT pair could climb to $95,000 and eventually to $100,000.Alternatively, if the price turns down sharply from the resistance line and breaks below $81,000, it will suggest that the bears are back in the driver’s seat. The pair may then tumble to $76,606.Ether price analysisEther (ETH) rebounded off the $1,754 support on March 31, signaling that the bulls are attempting to form a double-bottom pattern.ETH/USDT daily chart. Source: Cointelegraph/TradingViewThe bears will try to stall the relief rally at the 20-day EMA ($1,965). If the price turns down from the 20-day EMA, the possibility of a break below $1,574 increases. The ETH/USDT pair may then collapse to $1,550.Contrarily, a break and close above the 20-day EMA opens the doors for a rise to the breakdown level of $2,111. If buyers pierce this resistance, the pair will complete a double-bottom pattern, starting a rally to the target objective of $2,468.XRP price analysisXRP’s (XRP) weak bounce off the crucial $2 support suggests a lack of aggressive buying by the bulls at the current levels.XRP/USDT daily chart. Source: Cointelegraph/TradingViewThat heightens the risk of a break below $2. If that happens, the XRP/USDT pair will complete a bearish head-and-shoulders pattern. This negative setup could start a downward move to $1.27. There is support at $1.77, but it is likely to be broken.On the upside, a break and close above the 50-day SMA ($2.39) suggests solid buying at lower levels. The pair may then rally to the resistance line, where the bears are expected to mount a strong defense. A break and close above the resistance line signals a potential trend change.BNB price analysisBNB’s (BNB) recovery attempt stalled at the moving averages on April 1, indicating that the bears are selling on rallies.BNB/USDT daily chart. Source: Cointelegraph/TradingViewThe bears will try to strengthen their position by pulling the price below $587. If they can pull it off, the BNB/USDT pair could descend to the 50% Fibonacci retracement level of $575 and later to the 61.8% retracement of $559. The deeper the pullback, the greater the time needed for the pair to recover.A break above the moving averages is the first sign that the selling pressure has reduced. The pair may rally to $644 and then to $686, which is likely to attract sellers.Solana price analysisSolana (SOL) is getting squeezed between the 20-day EMA ($132) and the $120 support, signaling a possible range expansion in the short term.SOL/USDT daily chart. Source: Cointelegraph/TradingViewIf the price breaks and closes above the 20-day EMA, it suggests that the buyers have overpowered the sellers. The SOL/USDT pair may rise to the 50-day SMA ($145) and, after that, to $180.This positive view will be invalidated in the near term if the price turns down from the moving averages and breaks below $120. That could pull the price to $110, where the buyers are expected to step in.Dogecoin price analysisDogecoin (DOGE) remains pinned below the 20-day EMA ($0.17), indicating that the bears continue to sell on minor rallies.DOGE/USDT daily chart. Source: Cointelegraph/TradingViewThe first sign of strength will be a break and close above the 20-day EMA. The DOGE/USDT pair may climb to $0.21, which could act as a strong barrier. If buyers pierce the $0.21 resistance, the pair may rally to $0.24 and later to $0.29.Sellers are likely to have other plans. They will try to defend the moving averages and pull the price below $0.16. If they manage to do that, the pair could descend to the $0.14 support. A break and close below the $0.14 level may sink the pair to $0.10.Cardano price analysisBuyers are trying to push Cardano (ADA) back above the uptrend line, but the bears are likely to sell near the moving averages.ADA/USDT daily chart. Source: Cointelegraph/TradingViewThe downsloping 20-day EMA ($0.71) and the RSI just below the midpoint signal that bears have the edge. If the price turns down and breaks below $0.63, the ADA/USDT pair could plunge to $0.58 and thereafter to $0.50.Buyers will have to drive and maintain the price above the 50-day SMA ($0.75) to signal a potential trend change in the near term. The pair could rally to $0.84, which may act as a hurdle. Related: Is Bitcoin price going to crash again?Toncoin price analysisToncoin (TON) broke above the $4.14 resistance on March 1, but the bulls could not sustain the breakout.TON/USD daily chart. Source: Cointelegraph/TradingViewA minor positive in favor of the bulls is that they have not allowed the price to slip much below $4.14. That increases the possibility of a break above the overhead resistance. The TON/USDT pair could rally to $5 and later to $5.50.The 20-day EMA ($3.71) is the critical support to watch out for on the downside. If the support cracks, it will signal that the bulls are losing their grip. The pair may slide to the 50-day SMA ($3.48) and then to $2.81.Chainlink price analysisChainlink (LINK) tried to rise above the 20-day EMA ($14.32) on April 1, but the bears held their ground.LINK/USDT daily chart. Source: Cointelegraph/TradingViewSellers will try to pull the price to the support line of the descending channel pattern, which remains the key short-term level to keep an eye on. If the price breaks below the support line, the LINK/USDT pair could descend to $10.If buyers want to prevent the downside, they will have to push and maintain the price above the 50-day SMA ($15.47). If they manage to do that, the pair could rally to $17.50 and subsequently to the resistance line.UNUS SED LEO price analysisUNUS SED LEO (LEO) turned down from the overhead resistance of $9.90 and plunged below the uptrend line on March 30.LEO/USD daily chart. Source: Cointelegraph/TradingViewHowever, the bears could not sustain the lower levels, and the bulls pushed the price back into the triangle on April 1. The recovery is expected to face selling at the 20-day EMA ($9.60). If the price turns down from the 20-day EMA and breaks below the uptrend line, it increases the risk of a fall to $8.Instead, if the LEO/USD pair breaks above the 20-day EMA, it suggests that the markets have rejected the breakdown. A breakout and close above $9.90 will complete an ascending triangle pattern, which has a target objective of $12.04.This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

  2025-04-02 18:06:37 +0100
• Most opportune time to buy Bitcoin? Now — Bitwise CIO Matt Hougan explains why
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  If you’ve ever wondered when is the right time to invest in Bitcoin (BTC), you won’t want to miss our latest interview with Matt Hougan. As the chief investment officer at Bitwise, Hougan provides an in-depth analysis, explaining why, from a risk-adjusted perspective, there has never been a more opportune time to buy Bitcoin.In our discussion, Hougan lays out a compelling argument: Bitcoin’s early days were filled with uncertainty — technology risks, regulatory threats, trading inefficiencies, and reputational concerns. Fast forward to today, and those risks have significantly diminished. The launch of Bitcoin ETFs, adoption by major institutional investors, and even the US government’s strategic Bitcoin reserve have all cemented its place in the global financial ecosystem. “Bitcoin is only 10% of gold. So just to match gold, which I think is just a stopping point on its long-term journey, it has to ten-x from here,” he said. But that’s just the beginning. Hougan also touches on Bitcoin’s long-term price potential, why institutional adoption is about to accelerate, and how market fundamentals could push Bitcoin to new heights. “There's just too much structural long-term demand that has to come into this market against a severely limited new supply,” he said.Watch the full interview now on our YouTube channel, and don’t forget to subscribe!

  2025-04-02 18:00:00 +0100
• Bitcoin breaks $86K as US tariff 'Liberation Day' risks 11% BTC price dip
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  Bitcoin (BTC) reached new April highs at the April 2 Wall Street open as markets braced for US “Liberation Day.”BTC/USD 1-hour chart. Source: Cointelegraph/TradingViewBitcoin teases breakout in US tariff countdownData from Cointelegraph Markets Pro and TradingView showed local highs of $86,444 on Bitstamp, the best performance for BTC/USD since March 28.Volatility remained in the run-up to US President Donald Trump announcing a sweeping round of reciprocal trade tariffs.The measures would be unveiled in an address from the White House Rose Garden at 4 pm Eastern Time, with Trump then holding a press conference.While US stocks traded slightly down after the open, Bitcoin managed to claw back lost ground, acting in a key area of interest filled with long-term trend lines.As Cointelegraph reported, these include various simple (SMA) and exponential (EMA) moving averages, among them the 200-day SMA — a classic bull market support line currently lost.  BTC/USD 1-day chart with 200 SMA. Source: Cointelegraph/TradingViewIn his latest observations, popular trader and analyst Rekt Capital made additional reference to the 21-week and 50-week EMAs.“The consolidation between the two Bull Market EMAs continues. However, the 21-week EMA (green) represents lower prices as it declines,” he wrote in a post on X alongside an illustrative chart.“This week the green EMA represents $87650. The declining nature of this EMA will make it easier for $BTC to breakout.”BTC/USD 1-week chart with 21, 50 EMA. Source: Rekt Capital/XRekt Capital flagged more bullish news in the making, thanks to BTC/USD attempting to break out of an extended downtrend on daily timeframes.He confirmed:“Bitcoin is one Daily Candle Close above & retest of the Downtrend away from breaking out into a new technical uptrend.”BTC/USD 1-day chart. Source: Rekt Capital/XLast month, Bitcoin’s daily relative strength index (RSI) metric broke free from its own downtrend that had been in place since November 2024.Analysis warns $76,000 BTC price may returnContinuing on the macro picture, however, trading firm QCP Capital was uninspired.Related: Bitcoin sales at $109K all-time high 'significantly below' cycle tops — GlassnodeRisk assets, it told Telegram channel subscribers on the day, were likely to “remain under pressure” following the tariffs announcement.“In crypto, sentiment remains broadly subdued. BTC continues to trade without conviction, while ETH is holding the line at $1,800 support. Across the board, crypto markets are showing signs of exhaustion with numerous coins down 90% YTD, with some shedding over 30% in the past week,” it summarized. “Without a material shift in macro or a compelling catalyst, we don't expect a meaningful reversal. While light positioning could support a grind higher, we're not chasing any upside moves until the broader macro picture improves.”Previous tariff moves in Q1 almost unanimously delivered downward BTC price reactions.Other industry participants were more hopeful, including asset management firm Swissblock, which argued that “no sign of an imminent collapse” occurred on Bitcoin.“Will $BTC hold as a hedge, or follow TradFi into a pullback?” it queried in an X thread on March 31, describing BTC price action as being “at a crossroads.”Bitcoin price momentum chart. Source: Swissblock/XSwissblock saw the potential for a return to $76,000 multimonth lows in the event of a negative reaction — a drop of 11% versus current levels.This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

  2025-04-02 16:09:58 +0100
• Grayscale launches two new Bitcoin outcome-oriented products
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  Major cryptocurrency asset manager Grayscale Investments announced two new Bitcoin outcome-oriented exchange-traded funds (ETFs).According to an April 2 announcement, the new products are the Grayscale Bitcoin Covered Call ETF (BTCC) and the Grayscale Bitcoin Premium Income ETF (BPI). According to an email sent to Cointelegraph, the two new Bitcoin (BTC) funds are meant to generate revenue by harnessing BTC volatility:“Both strategies may be considered as an alternative income stream that’s less correlated to traditional income-oriented investments.“A complex derivative productThe Bitcoin Covered Call product seeks to capture the highest premiums and maximize potential income. Grayscale suggests that it may serve as a complement to Bitcoin exposure.Related: Bitcoin traders are overstating the impact of the US-led tariff war on BTC priceThe fund's strategy involves systematically writing calls very close to spot prices. The hope is that, due to Bitcoin’s historically high volatility, it would generate income through paid call generation.On the other hand, the Bitcoin Premium Income product seeks to balance upside participation with a degree of income generation. This is meant to act as an alternative to direct Bitcoin ownership and seeks a balance between growth and income generation.This fund systematically writes calls targeting strike prices well out-of-the-money on Bitcoin ETFs, including Grayscale Bitcoin Trust (GBTC) and Grayscale Bitcoin Mini Trust (BTC). The announcement reads:“By focusing on this type of call writing strategy, BPI allows investors to participate in much of Bitcoin's upside potential while possibly benefiting from some dividend income.“Related: Bitcoin price gearing up for next leg of ‘acceleration phase’ — Fidelity researchGrayscale Investments promises that both the new products will allow for a differentiated source of revenue that “delivers an uncorrelated source of income for investors.” Furthermore, the new derivatives will feature monthly distributions and systematic options management.Just the latest grayscale filingEarlier this week, Grayscale also filed to list an exchange-traded fund (ETF) holding a diverse basket of spot cryptocurrencies. This new product includes Bitcoin, Ether (ETH), XRP, Solana (SOL) and Cardano (ADA).In late March, the US stock exchange Nasdaq also filed to the US Securities and Exchange Commission (SEC) seeking permission to list Grayscale Investments’ spot Avalanche ETF. Grayscale’s website lists 28 crypto products, of which 25 are single-asset derivatives, and three are diversified.Grayscale is also among the asset managers currently waiting for the approval of its XRP spot ETF, as well as other products. Among those products, we can find the spot Cardano ETF filing and its Litecoin Trust conversion to an ETF. Magazine: Bitcoin ATH sooner than expected? XRP may drop 40%, and more: Hodler’s Digest, March 23 – 29

  2025-04-02 15:36:07 +0100
• Is Bitcoin price going to crash again?
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  Bitcoin (BTC) is up 16% from the four-month low of $76,600 to reach $88,700 on March 24. The price has since hovered around $85,000 on April 2. The latest rejection from the $85,500 resistance level raises questions about whether BTC price could drop further over the next few days.BTC/USD daily chart. Source: Cointelegraph/TradingViewTrump’s tariffs could drive Bitcoin prices lower?April 2 marks what US President Donald Trump dubbed “Liberation Day,” unveiling sweeping reciprocal tariffs targeting imports from numerous countries. Market participants are concerned this might trigger another sell-off in cryptocurrencies, pushing prices lower.Key takeaways:The proposed tariffs include a 25% levy on auto imports and broad duties on goods from nations like China, Canada, and Mexico.While these measures aim to reduce the US trade deficit and bolster domestic manufacturing, they could result in inflation and a risk-off mood.This could spook investors in the global market, with risk-on assets like Bitcoin bearing most of the brunt.For instance, when Trump imposed tariffs on Canada, Mexico, and China in early March, Bitcoin dropped from $105,000 to $92,000 overnight.Commenting on the current risk-asset landscape, trading firm QCP Capital emphasized the effects of Trump’s trade tariffs release today, especially as investors brace for retaliatory measures from affected nations. “The US seems increasingly intent on isolating itself in pursuit of more favorable trading terms,” the firm said in a Telegram note to investors, adding that the targeted countries are “not likely to concede.”QCP also pointed out that “rather than fracturing under pressure,” global players appear to be closing ranks, particularly after a meeting by officials from China, Japan and Korea to explore deeper regional trade cooperation.“In the short term, we expect all risk assets to remain under pressure.”Inflationary pressures and a shift to safe havensTrump’s tariffs are widely expected to fuel short-term inflation, a dynamic that typically pressures risk-on assets like Bitcoin. Key points:Higher import costs translate to rising consumer prices, prompting a flight to traditional safe-haven assets such as gold, which hit a record high of $3,150 per ounce this year, or US Treasurys. Unlike gold, Bitcoin has yet to fully establish itself as a reliable inflation hedge in the eyes of investors. While some view it as “digital gold,” BTC price remains highly correlated to stocks. The February 2025 crypto crash, which saw $2 billion in liquidations after earlier tariff announcements, underscores this vulnerability. Liquidity could tighten as the Fed is signaling a cautious approach to rate cuts.Lowering of interest rates, for example, is unlikely before June, despite one Fed meeting scheduled in the interim, according to CME Group’s FedWatch Tool.Fed target rate probabilities for May 7 FOMC meeting. Source: CME GroupThe odds of the Fed keeping interest rates unchanged at the May 7 meeting are 83.5%. This could further dampen enthusiasm for BTC and push its price lower if key price levels do not hold.Related: Bitcoin price can hit $250K in 2025 if Fed shifts to QE: Arthur HayesBitcoin price analysis sees a ‘lot of volatility’ aheadBitcoin’s price is notoriously prone to overreactions, amplified by leveraged trading in the crypto derivatives market. The uncertainty surrounding the scope and retaliation to Trump’s April 2 tariffs could spark panic selling, triggering a cascade of liquidations.“Today is the day where the Trump administration shares details about the proposed tariffs on the rest of the world,” popular trader Daan Crypto Trades wrote on X. Market participants have been looking forward to this event over the last few weeks, which has caused a lot of uncertainty. “Depending on the severity of the tariffs and how the market interprets it, a larger move is due,” the trader said, adding:“Regardless of what happens, a lot of volatility is pretty much a guarantee today.”Others doubted the severity of Trump’s tariffs, with analyst and entrepreneur Michaël van de Poppe arguing that it could be “a big non-event or an event that's heavily priced into the markets.”“I would expect the markets to go back to neutral after today is over.”Fellow analyst AlphaBTC believes that Bitcoin price must hold above $84,000 to avoid deeper corrections. The analyst shared a chart showing that a breakdown of the $84,000 support would trigger a sell-off to areas below $80,000, with the March 14 low at $79,900 being the first level of interest.📈#Bitcoin must hold 84K ‼️Keeping it simple, no H4 close below 64K and last the day without Trump dumping on markets.#Crypto #BTC https://t.co/UPRkWfegdP pic.twitter.com/OkJDc5jXWl— AlphaBTC (@mark_cullen) April 2, 2025This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

  2025-04-02 14:51:24 +0100
• Avalanche stablecoins up 70% to $2.5B, AVAX demand lacks DeFi deployment
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  Avalanche saw a significant surge in stablecoin supply over the past year, but the onchain deployment of this capital points to passive investor behavior, which may be limiting demand for the network’s utility token.The stablecoin supply on the Avalanche network rose by over 70% over the past year, from $1.5 billion in March 2024, to over $2.5 billion as of March 31, 2025, according to Avalanche’s X posMarket capitalization of stablecoins on Avalanche. Source: AvalancheStablecoins are the main bridge between the fiat and crypto world and increasing stablecoin supply is often seen as a signal for incoming buying pressure and growing investor appetite.However, Avalanche’s (AVAX) token has been in a downtrend, dropping nearly 60% over the past year to trade above $19 as of 12:31 pm UTC, despite the $1 billion increase in stablecoin supply, Cointelegraph Markets Pro data shows.AVAX/USD,1-year chart. Source: Cointelegraph Markets Pro“The apparent contradiction between surging stablecoin value on Avalanche and AVAX's significant price decline likely stems from how that stablecoin liquidity is being held,” according to Juan Pellicer, senior research analyst at IntoTheBlock crypto intelligence platform.Related: Bitcoin can hit $250K in 2025 if Fed shifts to QE: Arthur HayesA “substantial portion” of these inflows consists of bridged Tether (USDT), the research analyst told Cointelegraph, adding:“This seems as inactive treasury holdings rather than capital actively deployed within Avalanche's DeFi ecosystem (at least for the time being). If these stablecoins aren't being used in lending, swapping, or other DeFi activities that would typically drive demand for AVAX (for gas, collateral, etc.), their presence alone wouldn't necessarily boost the AVAX price”The AVAX token’s downtrend comes during a wider crypto market correction, as investor sentiment is pressured by global uncertainty ahead of US President Donald Trump’s reciprocal import tariff announcement on April 2, a measure aimed at reducing the country’s estimated trade deficit of $1.2 trillion.Related: Michael Saylor’s Strategy buys Bitcoin dip with $1.9B purchase70% chance for crypto market to bottom by June: Nansen analystsNansen analysts predict a 70% chance that the crypto market will bottom in the next two months leading into June as the ongoing tariff-related negotiations progress and investor concerns are alleviated.“Once the toughest part of the negotiation is behind us, we see a cleaner opportunity for crypto and risk assets to finally mark a bottom,” Aurelie Barthere, principal research analyst at the Nansen crypto intelligence platform, told Cointelegraph.Both traditional and cryptocurrency markets continue to lack upside momentum ahead of the US tariff announcement.BTC/USD, 1-day chart. Source: Nansen“For the main US equity indexes and for BTC, the respective price charts failed to resurface above their 200-day moving averages significantly, while lower-lookback price moving averages are falling,” wrote Nansen in an April 1 research report. Magazine: Bitcoin ATH sooner than expected? XRP may drop 40%, and more: Hodler’s Digest, March 23 – 29

  2025-04-02 13:55:09 +0100

crypto_market

• Ethereum price may have bottomed, but pro traders show little interest in buying ETH
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  Ether (ETH) price has risen 6.4% from its March 30 $1,768 low but the altcoin has struggled to regain the $2,000 level. Some traders believe that the downturn is partially connected to the deflating memecoin market, which, while not exclusive to the Ethereum network, significantly reduced activity across the decentralized applications (DApps) ecosystem and broader crypto space.Ether is currently 44% down year-to-date, and derivatives metrics indicate that traders are far from bullish and show little confidence in a strong recovery in the near term. Proof of this can be found in the premium on Ether futures relative to spot markets. While the figure rose to 4% on April 2, up from 2% on March 31, it is still below the neutral 5% threshold. This data indicates that Ether investors remain far from turning bullish, despite the strengthening support at the $1,800 price level.Ether 2-month futures annualized premium. Source: Laevitas.chTo assess whether whales and market makers lack confidence in Ether’s performance, one should analyze the ETH options market. Under neutral conditions, the 25% delta skew should be balanced between call (buy) and put (sell) options, typically ranging from -6% to 6%.Deribit ETH 30-day options 25% delta skew (put-call). Source: Laevitas.chThe Ether delta skew metric has retreated from the 9% level seen on March 31, yet the current 7% reading suggests that risk-aversion sentiment remains strong. The rising cost of hedging indicates that whales fear further downside for ETH, suggesting it may take longer for traders to regain confidence.Ethereum adoption remains strong despite DApps revenue dropIt’s easy to attribute much of Ether’s price decline to the 49% drop in Ethereum DApps revenue between January and March. However, while the reduced network activity limits the influx of new users and dampens overall demand for ETH, its advantages over traditional financial markets and its dominance in decentralized finance (DeFi) remain unchanged.The stablecoin holdings on Ethereum are nearing an all-time high of $124.5 billion, and Ethereum is still the undisputed leader, with $49 billion in total value locked (TVL). This data suggests significant potential for ETH adoption, particularly as new use cases emerge, such as structured products and more complex DeFi applications leveraging synthetic assets.Despite the early struggles of metaverse applications, declining interest in memecoins, and the sharp downturn in non-fungible token (NFT) marketplace activity, the Ethereum network continues to expand.ETH funding rate neutral as ETFs dampen retail trading enthusiasmInstead of focusing solely on how professional traders are positioned, it is also valuable to assess retail investors’ sentiment. Perpetual futures (inverse swaps) typically follow spot prices closely, as leverage imbalances are corrected through a fee known as the funding rate, which is charged every eight hours. In neutral markets, this rate fluctuates between 0.1% and 0.3% over a seven-day period.Ether 8-hour perpetual futures funding rate. Source: Laevitas.chThe ETH perpetual funding rate has been neutral since March 31, indicating that retail traders are not attempting to catch a falling knife. A key factor behind this lack of enthusiasm is the spot Ether exchange-traded funds (ETFs), which saw $37 million in net outflows over the past two weeks.While derivatives data is often backward-looking and does not necessarily signal further ETH price declines, sentiment could shift quickly given the positive momentum from the Trump family’s World Liberty Financial investment in ETH and Eric Trump’s vocal support for Ether. For the time being, professional traders and retail investors remain cautious about ETH’s price outlook.This article is for general information purposes and is not intended to be and should not be taken as legal or investment advice. The views, thoughts, and opinions expressed here are the author’s alone and do not necessarily reflect or represent the views and opinions of Cointelegraph.

  2025-04-02 22:15:00 +0100
• Bitcoin price on verge of breaking 10-week downtrend — Is $90K BTC next?
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  Bitcoin’s (BTC) price is off to a swift start in Q2, rallying by 5.53% to an intraday high of $87,333 on April 2. Currently, Bitcoin is emerging from a ten-week downtrend that began on Jan. 20 when the price peaked at $110,000. A decisive close above the trendline might lead to continued bullish momentum for Bitcoin in the coming days.Bitcoin 1-day chart. Source: Cointelegraph/TradingViewBitcoin spot traders drive the rallyThroughout March, spot traders on Binance and Coinbase held opposite stances in the market. Binance traders were aggressive BTC sellers, while Coinbase showed significant spot bids around the $80,000 price level. This dynamic contributed to the sideways price action during the majority of March. Fast forward to April, and spot traders on major exchanges have collectively turned bullish over the past three days. Binance, Coinbase spot buyers data. Source: Aggr.tradeData from aggr.trade highlights that Coinbase and Binance spot bids are driving positive action for BTC. The buying pressure is particularly high on Coinbase, with spot bids increasing as high as $7.98 million over the past few hours. Likewise, Dom, a crypto markets analyst, pointed out that Bitcoin’s current rally is possibly due to Binance sellers tapering off. The analyst said, “BTC has been able to breathe ever since the Binance selling tapered off. We are even seeing some spot buying from them for the first time in over a week.”Related: Bitcoin breaks $86K as US tariff 'Liberation Day' risks 11% BTC price dipBitcoin flips key resistance at $84K to $85KFrom a technical perspective, Bitcoin has flipped an important resistance range between $84,000 and $85,000 into support. Likewise, the cryptocurrency has attained a bullish position above the 50-day, 100-day and 200-day exponentially moving averages (EMAs). Bitcoin 4-hour chart. Source: Cointelegraph/TradingViewHowever, based on the external liquidity levels between $87,700 and $88,700, which formed the previous highs, BTC prices might struggle to break this range immediately. Consolidation between the green box (as illustrated in the chart) is likely a net positive, which might fuel BTC’s $90,000 retest for the first time since March 7. On the flip side, an immediate correction to the current support at $84,000 and $85,000 could possibly discourage bulls, and short sellers might take control of price action. Bullish invalidation could be on the cards if BTC price closes below $85,000 over the next few days. With markets bracing for further market volatility ahead of President Trump’s “Liberation Day” tariffs, Bitcoin price is expected to react further during today’s White House press conference at 4 pm Eastern Time. Related: Bitcoin price can hit $250K in 2025 if Fed shifts to QE: Arthur HayesThis article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

  2025-04-02 20:25:21 +0100
• Is Bitcoin price going to crash again?
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  Bitcoin (BTC) is up 16% from the four-month low of $76,600 to reach $88,700 on March 24. The price has since hovered around $85,000 on April 2. The latest rejection from the $85,500 resistance level raises questions about whether BTC price could drop further over the next few days.BTC/USD daily chart. Source: Cointelegraph/TradingViewTrump’s tariffs could drive Bitcoin prices lower?April 2 marks what US President Donald Trump dubbed “Liberation Day,” unveiling sweeping reciprocal tariffs targeting imports from numerous countries. Market participants are concerned this might trigger another sell-off in cryptocurrencies, pushing prices lower.Key takeaways:The proposed tariffs include a 25% levy on auto imports and broad duties on goods from nations like China, Canada, and Mexico.While these measures aim to reduce the US trade deficit and bolster domestic manufacturing, they could result in inflation and a risk-off mood.This could spook investors in the global market, with risk-on assets like Bitcoin bearing most of the brunt.For instance, when Trump imposed tariffs on Canada, Mexico, and China in early March, Bitcoin dropped from $105,000 to $92,000 overnight.Commenting on the current risk-asset landscape, trading firm QCP Capital emphasized the effects of Trump’s trade tariffs release today, especially as investors brace for retaliatory measures from affected nations. “The US seems increasingly intent on isolating itself in pursuit of more favorable trading terms,” the firm said in a Telegram note to investors, adding that the targeted countries are “not likely to concede.”QCP also pointed out that “rather than fracturing under pressure,” global players appear to be closing ranks, particularly after a meeting by officials from China, Japan and Korea to explore deeper regional trade cooperation.“In the short term, we expect all risk assets to remain under pressure.”Inflationary pressures and a shift to safe havensTrump’s tariffs are widely expected to fuel short-term inflation, a dynamic that typically pressures risk-on assets like Bitcoin. Key points:Higher import costs translate to rising consumer prices, prompting a flight to traditional safe-haven assets such as gold, which hit a record high of $3,150 per ounce this year, or US Treasurys. Unlike gold, Bitcoin has yet to fully establish itself as a reliable inflation hedge in the eyes of investors. While some view it as “digital gold,” BTC price remains highly correlated to stocks. The February 2025 crypto crash, which saw $2 billion in liquidations after earlier tariff announcements, underscores this vulnerability. Liquidity could tighten as the Fed is signaling a cautious approach to rate cuts.Lowering of interest rates, for example, is unlikely before June, despite one Fed meeting scheduled in the interim, according to CME Group’s FedWatch Tool.Fed target rate probabilities for May 7 FOMC meeting. Source: CME GroupThe odds of the Fed keeping interest rates unchanged at the May 7 meeting are 83.5%. This could further dampen enthusiasm for BTC and push its price lower if key price levels do not hold.Related: Bitcoin price can hit $250K in 2025 if Fed shifts to QE: Arthur HayesBitcoin price analysis sees a ‘lot of volatility’ aheadBitcoin’s price is notoriously prone to overreactions, amplified by leveraged trading in the crypto derivatives market. The uncertainty surrounding the scope and retaliation to Trump’s April 2 tariffs could spark panic selling, triggering a cascade of liquidations.“Today is the day where the Trump administration shares details about the proposed tariffs on the rest of the world,” popular trader Daan Crypto Trades wrote on X. Market participants have been looking forward to this event over the last few weeks, which has caused a lot of uncertainty. “Depending on the severity of the tariffs and how the market interprets it, a larger move is due,” the trader said, adding:“Regardless of what happens, a lot of volatility is pretty much a guarantee today.”Others doubted the severity of Trump’s tariffs, with analyst and entrepreneur Michaël van de Poppe arguing that it could be “a big non-event or an event that's heavily priced into the markets.”“I would expect the markets to go back to neutral after today is over.”Fellow analyst AlphaBTC believes that Bitcoin price must hold above $84,000 to avoid deeper corrections. The analyst shared a chart showing that a breakdown of the $84,000 support would trigger a sell-off to areas below $80,000, with the March 14 low at $79,900 being the first level of interest.📈#Bitcoin must hold 84K ‼️Keeping it simple, no H4 close below 64K and last the day without Trump dumping on markets.#Crypto #BTC https://t.co/UPRkWfegdP pic.twitter.com/OkJDc5jXWl— AlphaBTC (@mark_cullen) April 2, 2025This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

  2025-04-02 14:51:24 +0100
• How many US dollars does XRP transfer per day?
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  XRP (XRP), the native cryptocurrency of the XRP Ledger (XRPL), has been touted by proponents as a high-speed, low-cost solution for cross-border payments. But just how much value flows through the network on a daily basis? Let’s examine.XRP volumes have risen since Trump’s reelectionBased on recent data from Glassnode, XRP’s daily transfer volume settled on its blockchain in US dollars frequently ranges between $300 million and $1 billion. However, since November 2024, when Donald Trump won the US presidential election, XRP has settled an average of $2.28 billion per day, signifying heightened network activity likely fueled by XRP’s price boom in the same period.XRP total transfer volume. Source: GlassnodeThat said, these spikes don’t necessarily reflect steady adoption or payment activity; instead, they could further be tied to speculative behavior, Ripple-related transfers, whale moves, and reshuffling between exchanges. Ripple is behind many big XRP transfersOne important factor behind the spikes in XRP’s daily transfer volume is large token sales by Ripple and its co-founder, Chris Larsen.Chris Larsen’s XRP sales (2024–2025):On Sept. 18, he transferred 50 million XRP (~$29 million) from a wallet inactive for 11+ years.🚨 🚨 50,000,000 #XRP (29,120,312 USD) transferred from Chris Larsen to unknown wallethttps://t.co/D9iopMqePM— Whale Alert (@whale_alert) September 16, 2024By early 2025, Larsen had sold over $116 million worth of XRP.These sales reduced XRP reserves on one of his wallets from 500 million to 410 million XRP.Previously, the SEC estimated Larsen sold ~$453.69 million worth of XRP between 2017 and 2020.The 2024–2025 sales stand out for their scale and timing during XRP’s rally past $3.Ripple’s XRP escrow sales (2017–2025):Ripple started selling XRP from escrow in 2017, releasing up to 1 billion XRP/month, often returning unsold tokens.It sold $91.6 million during the cryptocurrency’s 30,000% rally in Q4 2017In Q3 2018, Ripple sold $163 million during volatile markets.In Q2 2019, the firm sold $251 million in XRP, one of its largest sales.Sales dropped to $1.75M in Q1 2020, likely due to regulatory pressure from the SEC.Across 2021, around $1.5B were sold, per Ripple’s reports.This suggests that Ripple tends to ramp up sales during bullish periods and scale back during XRP price downtrends.Related: Ripple ‘should act in its own interest’ when selling XRP — Ripple CTOIn 2017, Ripple locked 55 billion XRP—the majority of the total supply—into a series of escrow contracts. Each contract held 1 billion XRP, set to be released monthly over 55 months.However, any unused portion is returned to escrow, with a new contract pushed to the back of the queue, i.e., re-locked for 55 months.During active sale periods, these movements could result in noticeable spikes in total transfer volume, especially when paired with high speculative interest.🔒 🔒 🔒 🔒 🔒 🔒 🔒 🔒 🔒 🔒 370,000,000 #XRP (778,259,699 USD) locked in escrow at #Ripplehttps://t.co/Rk079yzgNf— Whale Alert (@whale_alert) April 2, 2025Bitcoin and Ethereum outperform XRP overallBitcoin and Ethereum continue to dominate XRP in terms of daily transfer volume, highlighting broader adoption and greater trust in these ecosystems.The overall average daily transfer volume for Bitcoin across the full data set is approximately $23.26 billion, according to Glassnode. Bitcoin total transfer volume. Source: GlassnodeIn recent years, the network has settled an average of $64.03 billion per day over the past 30 days, likely due to strong institutional flows, ETF-driven activity, and speculative trading.Meanwhile, Ethereum's overall daily transfer volume is approximately $2.53 billion. But its recent 30-day average of the same comes to be at around $5.67 billion.Ethereum total transfer volume. Source: GlassnodeTotal transfer volume reflects real-life usageTransfer volume is a key onchain metric, showing how much real value is settled daily via blockchain. High volumes, especially when sustained, indicate greater user activity in moving money onchain. Bitcoin and Ethereum see consistent activity from custodians, ETFs, and DeFi apps.In XRP’s case, however, usage appears concentrated around trading cycles. Despite Ripple’s efforts to promote XRP in cross-border settlements via On-Demand Liquidity (ODL), onchain volumes suggest limited adoption among enterprise users.However, XRPL has recently introduced tools for stablecoin issuance, tokenization, and EVM compatibility. Related: Redemption arcs of 2024: Ripple’s victory, memecoins’ rise, RWA growthIn Q4 2024, for instance, the ledger’s Automated Market Maker (AMM) volume increased by 3,100%, reflecting exponential growth in usage.XRP Ledger Key Metrics as of Dec. 31, 2024. Source: MessariHowever, these innovations have yet to generate volume levels comparable to Ethereum and Bitcoin.This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

  2025-04-02 13:45:00 +0100
• Trader uncovers signs XRP price may have bottomed — Rally to $3.80 next?
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  XRP (XRP) price fell 22% between March 19 and March 31, potentially forming a local bottom at $2.02. The price then increased by 9% to $2.20 before retracing to current levels. Has the popular altcoin finally bottomed out, or is there a deeper retracement in the cards? XRP bullish divergence on multiple timeframesThe XRP relative strength index (RSI) displays bullish divergence conditions in lower timeframes, according to analyst CasiTrades.A bullish divergence is when the asset’s price prints lower lows and the RSI produces higher lows, indicating that downward momentum is waning.“After reaching the 0.786 retrace at $2.05, XRP is printing bullish divergences from the 15-min all the way up to the 4-hour chart,” the analyst said in a March 31 post on X. CasiTrades notes that these signals are a positive indicator both for short-term bounces and potential macro recovery.“That’s the kind of signal we want to see for both short-term bottom and macro! The bounce is holding so far!”XRP/USD hourly chart. Source: CasiTradesShe added that $2.25 remains a key resistance level to watch, as breaching it with strong momentum would signal a convincing bullish breakout. “If we break above $2.25 with strong momentum, that would invalidate the need for another support retest, a very bullish sign,” CasiTrades said, adding that the demand zone between “$2.00 and $2.01 remains a support if the $2.05 doesn’t hold.”The analyst projects a bullish month for XRP in April, with targets of $2.70 and $3.80 in the short term.“Once the price reaches its target, I expect a large impulse to the upside!  Key resistance aligning to $2.70 and $3.80.”Related: XRP funding rate flips negative — Will smart traders flip long or short?Is the XRP local bottom in?Despite XRP’s recent recovery from local lows, the risk of a deeper correction remains, according to veteran trader Peter Brandt.Last week, Brandt said the presence of a “textbook” head-and-shoulders pattern (H&S) could see XRP price as low as $1.07.This potential H&S pattern is still in play on the daily chart (see below) and will be completed on a break and close below the neckline at $1.90. If the price stays below the neckline, the pair could plummet to $1.50 and then to the pattern’s target of $1.07.Brandt said:“Below $1.9, I would not want to own it. H&S projects to $1.07. Don't shoot the messenger.”XRP/USD daily chart with H&S pattern. Source: Cointelegraph/TradingViewBrandt said this bearish chart pattern would be invalidated if buyers push and maintain the price above $3.00.Meanwhile, macroeconomic headwinds from US tariffs on April 2 may spook traders, pulling the XRP price toward $1.31.Not everyone agrees. Analyst Dark Defender shared a positive outlook, saying that XRP price is likely to revisit the last Fibonacci level at $2.04 before bouncing back again.According to the analyst, a key resistance level for XRP is $2.22, which “should be broken” to ensure a sustained recovery toward the Wave 5 target at $8.“April-May will be hot, and our targets of Wave 5 stand at $5-8 levels, as expected.”XRP/USD daily chart. Source: Dark DefenderThis article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

  2025-04-02 11:52:08 +0100
• Bitcoin traders are overstating the impact of the US-led tariff war on BTC price
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  Despite Bitcoin’s 2.2% gains on April 1, BTC (BTC) hasn’t traded above $89,000 since March 7. Even though the recent price weakness is often linked to the escalating US-led global trade war, several factors had already been weighing on investor sentiment long before President Donald Trump announced the tariffs.Some market participants claimed that Strategy’s $5.25 billion worth of Bitcoin purchases since February is the primary reason BTC has held above the $80,000 support. But, regardless of who has been buying, the reality is that Bitcoin was already showing limited upside before President Trump announced the 10% Chinese import tariffs on Jan. 21.Gold/USD (left) vs. Bitcoin/USD (right). Source: TradingView / CointelegraphThe S&P 500 index hit an all-time high on Feb. 19, exactly 30 days after the trade war began, while Bitcoin had repeatedly failed to hold above $100,000 for the previous three months. Although the trade war certainly affected investor risk appetite, strong evidence suggests Bitcoin's price weakness started well before President Trump took office on Jan. 20.Spot Bitcoin ETFs inflows, strategic Bitcoin reserve expectations and inflationary trendsAnother data point that weakens the relation with tariffs is the spot Bitcoin exchange-traded funds (ETFs), which saw $2.75 billion in net inflows during the three weeks following Jan. 21. By Feb. 18, the US had announced plans to impose tariffs on imports from Canada and Mexico, while the European Union and China had already retaliated. In essence, institutional demand for Bitcoin persisted even as the trade war escalated.Part of Bitcoin traders’ disappointment after Jan. 21 stems from excessive expectations surrounding President Trump’s campaign promise of a “strategic national Bitcoin stockpile,” mentioned at the Bitcoin Conference in July 2024. As investors grew impatient, their frustration peaked when the actual executive order was issued on March 6.A key factor behind Bitcoin’s struggle to break above $89,000 is an inflationary trend, reflecting a relatively successful strategy by global central banks. In February, the US Personal Consumption Expenditures (PCE) Price Index rose 2.5% year-over-year, while the eurozone Consumer Price Index (CPI) increased by 2.2% in March.Investors turn more risk-averse following weak job market dataIn the second half of 2022, Bitcoin’s gains were driven by inflation soaring above 5%, suggesting that businesses and families turned to cryptocurrency as a hedge against monetary debasement. However, if inflation remains relatively under control in 2025, lower interest rates would favor real estate and stock markets more directly than Bitcoin, as reduced financing costs boost those sectors.US CPI inflation (left) vs. US 2-year Treasury yield (right). Source: TradingViewRelated: Coinbase sees worst quarter since FTX collapse amid industry bloodbathThe weakening job market also dampens traders’ demand for risk-on assets, including Bitcoin. In February, the US Labor Department reported job openings near a four-year low. Similarly, yields on the US 2-year Treasury fell to a six-month low, with investors accepting a modest 3.88% return for the safety of government-backed instruments. This data suggests a rising choice for risk aversion, which is unfavorable for Bitcoin.Ultimately, Bitcoin’s price weakness stems from investors' unrealistic expectations of BTC acquisitions by the US Treasury, declining inflation supporting potential interest rate cuts, and a more risk-averse macroeconomic environment as investors turn to short-term government bonds. While the trade war has had negative effects, Bitcoin was already showing signs of weakness before it began.This article is for general information purposes and is not intended to be and should not be taken as legal or investment advice. The views, thoughts, and opinions expressed here are the author’s alone and do not necessarily reflect or represent the views and opinions of Cointelegraph.

  2025-04-02 00:25:50 +0100
• Ethereum prints 4 consecutive red monthly candles, but data points to an ETH/BTC bottom
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  Ethereum’s native token, Ether (ETH), registered four consecutive red monthly candles after the altcoin dropped 18.47% in March. The altcoin’s current market structure reflects a sustained bearish trend not seen since the bear market of 2022. With each monthly close taking place below the previous month’s low, analysts are beginning the debate about whether ETH is approaching a bottom or if there is more downside ahead for the altcoin. Ethereum/Bitcoin ratio hits new 5-year lowOn March 30, the Ethereum/Bitcoin ratio dropped to a five-year low of 0.021. The ETH/BTC ratio measures ETH’s value against Bitcoin (BTC), and the current decline underlines Ether’s underperformance against Bitcoin over the past five years. In fact, the last time the ETH/BTC ratio dipped to 0.021, ETH was valued between $150-$300 in May 2020. Ethereum/Bitcoin 1-month chart. Source: Cointelegraph/TradingViewData from the token terminal showed Ethereum’s monthly fees dropped to $22 million in March 20205, its lowest level since June 2020, indicating low network activity and market interest. Ethereum fees represent the cost users pay for transactions, which is influenced by network demand. When network fees begin to drop, it indicates reduced network utility. Ethereum fees and price. Source: token terminalDespite the price action and revenue malaise, Ethereum analyst VentureFounder said that the ETH/BTC bottom could occur over the next few weeks. The analyst hinted at a potential bottom between 0.017 and 0.022, suggesting that the ratio might drop further before a recovery. The analyst said, “Maybe another lower low RSI and one more push downward lots of similarity with 2018-2019 Fed tightening & QE cycle, expecting the first higher high after May FOMC when Fed ends QT & begin QE.”Ethereum/Bitcoin analysis by venture founder. Source: X.comRelated: Ethereum price down almost 50% since Eric Trump's 'add ETH' endorsementHistorical odds favor a short-term bottomSince its inception, ETH has registered three or more consecutive bearish monthly candles on five occasions, and each time, a short-term bottom was the result. The chart below shows that the most back-to-back red months occurred in 2018, with seven, but prices jumped 83% after the correction. Ethereum monthly chart. Source: Cointelegraph/TradingViewIn 2022, after three consecutive bearish months, ETH price consolidated in a range for almost a year, but the bottom was in on the third bearish candle in June 2022. Historically, Ethereum has a 75% probability of having a green month in April. Based on Ethereum’s past quarterly returns, the altcoin experienced the least number of drawdowns in Q2 compared to other quarters. With the average returns in Q2 as high as 60.59%, the likelihood of positive returns in April. Ethereum Quarterly returns. Source: CoinGlassRelated: Why is Ethereum (ETH) price up today?This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

  2025-04-01 20:23:16 +0100
• Why is the crypto market up today?
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  The cryptocurrency market is up today, with the total market capitalization rising by approximately 3.8% in the last 24 hours to reach $2.73 trillion on April 2. The gains were led by Bitcoin (BTC) and Ether (ETH), which have risen around 3% and 5%, respectively.Crypto market performance Jan. 30. Source: Coin360Let’s look at the top catalysts driving the crypto market rebound today.Markets take “deep breath” ahead of Trump’s “liberation day”The crypto market’s recovery today aligns closely with similar rebounds in the US stock market, ahead of Trump’s “liberation day,” with Bitcoin leading the market higher.What you should know:Dubbed by President Donald Trump as a pivotal moment for US trade policy, the “Liberation Day” on April 2 promises the announcement of reciprocal tariffs aimed at rebalancing global trade. Recent weeks have seen cryptocurrencies retreat amid fears of a tariff-induced economic slowdown, with Bitcoin dropping nearly 23% from its all-time high due to macroeconomic uncertainty. However, today’s gains suggest a possible shift in sentiment, with market analysts viewing it as a moment of calm before the storm.This has spurred a risk-on sentiment, with Bitcoin climbing back above $84,000 and Ether edging above $1,800. This suggests that investors are positioning themselves ahead of tomorrow’s potentially market-moving news.Dogecoin (DOGE) and Cardano (ADA) rose over 6%, while XRP (XRP), Solana (SOL) and BNB (BNB) were up nearly 3.5%.Looks like global market sentiment is taking a "take a deep breath" approach in the countdown to Donald Trump's "Liberation Day" tariff announcement, said Reuters’ Kevin Buckland in a Morning Bid newsletter.“Nothing has really changed: We still are no wiser as to what Trump is set to announce on Wednesday,” Buckland continued, adding:“Any expectations that there might be room for trade partners to negotiate apparently came undone with the US president's statement late on Sunday that essentially every country will be slapped with reciprocal levies.”Commenting on this trading firm, QCP Capital said that a “broad and aggressive regime could deepen recession fears and send risk assets spiraling.” QCP Capital added:“That said, political theatre often leaves room for recalibration. A softer-than-expected rollout could offer markets a brief reprieve.”Crypto investment funds flows remain positiveThe crypto market’s ongoing correction aligns with significant inflows into crypto investment products. Key takeaways:Digital asset investment products saw inflows for the second week in a row, totaling $226 million during the week ending March 28, as per CoinShares report.This brings the last two weeks of inflows to $870 million, following five weeks of outflows.Bitcoin investment products saw investor inflows totaling $197 million, while altcoins saw inflows for the first time in 5 weeks totaling $33 million.Capital flows for crypto investment products. Source: CoinSharesThis indicates institutional investors are increasing their exposure to digital assets, albeit in a “cautious” manner, according to CoinShares head of research James Butterfill.Butterfill said: “Following the largest outflows on record, ETPs have seen 9 consecutive trading days of inflows.”Related: March 2025 in charts: Trump trade war hits Bitcoin, $22M in DeFi hacksCrypto market technical reboundFrom a technical perspective, the crypto market’s bounce today has occurred primarily due to its oversold relative strength index (RSI).Key points:The RSI on the 4-hour timeframe dipped below 30, entering oversold territory.A slight rebound in RSI suggests buyers are stepping in to absorb selling pressure.TOTAL crypto market cap 4-hour candle chart. Source: Cointelegraph/TradingViewAs a rule of technical analysis, oversold conditions typically lead to short-term relief rallies.Furthermore, the crypto market is eyeing extended recovery as it paints a potential double-bottom pattern.Note that:The total crypto market cap chart shows two consecutive lows around $2.60 trillion, forming a double bottom pattern.A double-bottom is considered a bullish reversal structure, resolving when the price breaks above its neckline resistance and rises by as much as the pattern’s maximum height.Confirmation of this pattern would require a decisive breakout and a four-hour candlestick close above the neckline at $2.67 trillion.If the breakout occurs, the measured move target is $2.76 trillion.The target lies above a critical supply zone stretching from $2.72 trillion and $2.74 trillion, where all the major moving averages lie.Failure to break above this barrier may result in continued consolidation between $2.70 trillion and $2.72 trillion.According to popular analyst Crypto Zone, the crypto market is still “gripped by fear,” with the Fear & Greed Index sitting at 24, even as the total market cap rises.The analyst added:“This mixed sentiment suggests caution, but also potential buying opportunities for those who dare to be greedy when others are fearful.”This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

  2025-04-01 13:52:47 +0100
• Why is Ethereum (ETH) price up today?
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  Ether (ETH) price rallied nearly 3% over the past 24 hours, reaching a high of $1,866 on April 1. The top altcoin’s daily trading volume increased by 27% to $15. billion as ETH climbed above $1,800.ETH/USD four-hour chart. Source: Cointelegraph/TradingViewSeveral factors are behind Ethereum’s bullishness today, including:The launch of Privacy Pools on Ethereum.Reducing supply on exchanges.Ether’s market setup points to a 12% rebound next.Privacy Pools launch on Ethereum boosts ETH priceOne of the most significant drivers of Ether’s bullishness today is the launch of Privacy Pools on the Ethereum mainnet.gm Ethereum ☀️It is our great honor to announce the mainnet launch of Privacy Pools!ETH users can now achieve on-chain privacy, while still dissociating from illicit fundsIt is now up to all of us to Make Privacy Normal Again 🫡More info in this thread 👇 pic.twitter.com/3nJO0AxoD1— 0xbow.io (@0xbowio) March 31, 2025  What to know:Announced by developers at 0xbow.io, Privacy Pools aims to enhance onchain privacy while addressing regulatory concerns—a balance that has long eluded many blockchain projects. Unlike previous privacy mixers like Tornado Cash, which faced sanctions for enabling illicit transactions, Privacy Pools use “Association Sets” to screen out bad actors while preserving user anonymity. The new privacy tool has garnered support from Ethereum co-founder Vitalik Buterin himself. Buterin, a co-author of the original Privacy Pools research paper, made one of the first deposits, expressing his confidence in the project. Market participants responded to this with enthusiasm, with Cryptolive calling it a “privacy breakthrough,” with sentiment suggesting it could “make privacy normal again” in the blockchain industry. “This is huge; it’s got the backing of Ethereum co-founder Vitalik Buterin,” said DuckAI Agent, adding that it could be a sign of increased adoption and usage. “Overall, I'm bullish on ETH - this launch could be a game-changer for the ecosystem.”This development should increase Ethereum’s utility, potentially attracting more users and developers to the network, which in turn drives demand for ETH.Reducing ETH supply on exchangesAnother factor supporting Ether’s performance today is reducing supply on exchanges.Key takeaways:ETH balance on exchanges has reached a 9-year low of 18.3 million ETH after dropping nearly 5% over the last 30 days.These are levels last seen in July 2016 when ETH was trading below $15.The amount of ETH supply on exchanges has resumed its downtrend, as shown in the chart below.ETH supply on exchanges. Source: CryptoQuantA decline in exchange supply suggests that holders are moving their ETH into cold storage or staking, reducing the circulating supply available for trading.Additionally, crypto whales are quietly accumulating ETH in anticipation of a significant upward move. ETH inflows into accumulation addresses have surged to multi-year highs, surpassing levels seen before major bull runs, as seen in the chart below.Ethereum accumulation addresses are a specific classification of wallet addresses used to track long-term holding behavior.ETH inflows into accumulation addresses. Source: CryptoQuantHigh inflows into accumulation addresses suggest that institutional investors and large holders are potentially taking advantage of ETH’s low price to accumulate. Related: zkLend hacker claims losing stolen ETH to Tornado Cash phishing siteETH price nurtures a V-shaped recoveryEther’s price action has been attempting a V-shaped recovery chart pattern on the four-hour chart since March 25, as shown below.A V-shaped recovery is a bullish pattern formed when an asset experiences a sharp price increase after a steep decline. It is completed when the price moves up to the resistance at the top of the V formation, also known as the neckline.ETH appears to be on a similar trajectory and now trades below a supply-demand zone between $1,900 and $2,000, where the 50-day, 100-day and 200-day simple moving averages (SMAs) sit.This suggests that bulls need to push the price above this area to increase the chances of reaching the neckline at $2,100 to complete the V-pattern.This would represent a 12% increase from the current price.ETH/USD daily chart. Source: Cointelegraph/TradingViewMeanwhile, the relative strength index, or RSI, has risen from oversold conditions at 21 on March 31 to 56 at the time of writing, suggesting that the bullish momentum is picking up.This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

  2025-04-01 10:51:01 +0100
• Hyperliquid DEX trading volumes cut into CEX market share: Data
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  Hyperliquid is one of the current bull market’s standout DeFi success stories. With daily trading volumes having reached $4 billion, the exchange has become the largest decentralized (DEX) derivatives platform, commanding nearly 60% of the market.Hyperliquid still lags far behind Binance Futures’ $50 billion daily average volume, but the trend suggests that it has started to encroach on centralized exchange (CEX) territory.What’s behind Hyperliquid’s parabolic rise?Launched in 2023, Hyperliquid gained popularity in April 2024 after launching spot trading. This, combined with its aggressive listing strategy and easy-to-use onchain user interface, helped to lure in a wave of new users.The platform’s real explosion, however, came in November 2024, following the launch of its HYPE (HYPE) token. Hyperliquid’s trading volume skyrocketed, and it now boasts over 400,000 users and more than 50 billion trades processed, according to data from Dune.Hyperliquid cumulative trades and users. Source: DuneWhile Hyperliquid started as a high-performance perpetual futures and spot DEX, its ambitions have since expanded. With the launch of HyperEVM on Feb. 18, the project has become a general-purpose layer-1 chain capable of supporting third-party DeFi apps built on top of its infrastructure. As one of Hyperliquid’s founders, Jeff Yan, put it, “Most L1s build infrastructure and hope that others will come build the killer apps. Hyperliquid takes the opposite approach: polish a native application and then grow into general-purpose infrastructure.”If this approach works, the liquidity driven by Hyperliquid’s core DEX could naturally feed into the broader ecosystem and vice versa, creating a flywheel effect.Related: Hyperliquid flips Solana in fees, but is the ‘HYPE’ justified?Will Hyperliquid become a sustainable CEX alternative?According to CoinGecko, Hyperliquid now ranks 14th among derivatives exchanges by open interest, sitting at $3.1 billion. That’s still behind Binance’s $22 billion but ahead of older names like Deribit or derivatives divisions of Crypto.com, BitMEX, or KuCoin. It’s the first time a DEX is competing so closely with established CEXs.Furthermore, as Hyperliquid deepens its focus on specialized trading pairs, it continues to chip away at the market share of major exchanges. The DEX accepts not only Arbitrum USDC as collateral but also native BTC. This makes it one of the few decentralized platforms that handle BTC wrapping and unwrapping natively, giving users the option to use BTC for Web3-wallet-based trading.X user Skewga.hl noted that Hyperliquid’s BTC perpetual futures volume share recently hit an all-time high, reaching almost 50% of Bybit’s and 21% of Binance’s. Skewga.hl wrote,“No DEX has ever come this close to matching Tier 1 CEX volume.” Daily volume ratios, Hyperliquid vs Other exchanges (BTC perp). Source: Skewga.hlSince 2024, perpetual swaps have seen a revival as a trading tool. During the 2021–2022 bull market, daily perps volume averaged around $5 billion. In early 2025, that number often exceeded $15 billion, with Hyperliquid accounting for nearly two-thirds of it.Data from DefiLlama illustrates the shift: while dYdX (green) dominated in 2023–2024, the landscape diversified significantly in 2024—and by 2025, Hyperliquid (pink) had taken the lead.Perps volume breakdown. Source: DefiLlamaDespite the recent JELLY token scandal, which involved the exchange halting trading and delisting a low-market-cap token that a whale had exploited, Hyperliquid remains a popular exchange among DeFi and DEX traders. It has yet to capture institutional investor flows or scale to the level of top-tier CEXs. However, if its layer 1 ecosystem gains traction with developers, Hyperliquid could evolve into more than just a leading DEX.This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

  2025-03-31 22:30:00 +0100

crypto_weekly_overview

• Hong Kong Extends Migrant Policy to Facilitate DLT and FinTech Professionals
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  A new Hong Kong government initiative seeks to attract professionals in Distributed Ledger Technology (DLT) by simplifying the immigration policy, according to a press release published August 28.On Thursday, the government of Hong Kong published its first Talent List aimed at attracting “highly skilled” experts in 11 different fields, including fintech, DLT, and cyber security, from around the world. The move designates the government’s intention to “support Hong Kong's development as a high value-added and diversified economy.”According to the press release, Hong Kong will facilitate successful applicants under the Talent List through the Quality Migrant Admission Scheme (QMAS). The QMAS has an annual quota of 1,000 people. The Chief Secretary for Administration and Chairman of the Human Resources Planning Commission, Matthew Cheung Kin-chung, said:“The promulgation of the Talent List is one of our major initiatives to enhance our competitive advantages in attracting international talents, creating cluster effects, stimulating the development of local talents and propelling Hong Kong forward."While Hong Kong continues taking regulatory actions towards digital currencies and Initial Coin Offerings (ICOs), stating that the new technology “comes with risks,” it seems to have set sights on becoming an international blockchain hub.Last month, the Hong Kong Monetary Authority (HKMA) announced the launch its own blockchain trade finance solution with 21 banks in August, aiming to substantially reduce paperwork, costs, and security risks for participants.In June, the HKMA signed a fintech collaboration agreement with the Financial Services Regulatory Authority of the Abu Dhabi Global Market “to start a dialogue on the opportunity to build a cross-border trade finance network using [DLT].” That month, Alibaba subsidiary Ant Financial trialled its first blockchain remittances, sending a transaction in three seconds between its AliPayHK app in Hong Kong and Filipino payment app GCash.The Hong Kong University of Science and Technology Business School (HKUST) recently received a $20 million research grant to improve the security capabilities of electronic payment systems earlier this month.Additionally, the HKUST in partnership with the University of Hong Kong are planning to explore blockchain technology applications, and discuss the possibility of Hong Kong’s transformation into a global fintech hub.

  2018-09-01 02:06:00 +0100
• Weekly Price Overview: VeChain, May 3
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  The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. VeChain is the fifteenth-best token in terms of market capitalization. The smart recovery from its recent lows has been on the back of the strong fundamental news. The market participants are excited about the VeChainThor Blockchain whose Mainnet Launch is expected in end-June. So, can it move further or has it run its course? Let’s see its charts. Weekly Chart VEN remained in a tight range from mid-November to mid-December of last year. It started an uptrend in end-December, which took it from the lows of 0.00002184 on November 30 to an intraday high of 0.00081678 on January 22 of this year. That’s a 3639 percent return within two months. The subsequent correction took support close to the 61.8 percent Fibonacci retracement levels of 0.00032752. The digital currency bottomed out on March 30, at 0.00031748. After a strong break out from the downtrend line, VeChain can reach 0.00062102 levels where it might face some resistance. Once this level is crossed, a retest of the highs will be on the cards. Daily Chart On the daily chart, the VEN/BTC pair has broken out of an inverted head and shoulders (H&S) pattern, which has a minimum target objective of 0.00063 levels. This is close to the overhead resistance at 0.00062102, therefore, we can expect a dip or a consolidation at this level. On the downside, support exists at the 0.00047 levels, below which the neckline of the inverse H&S pattern will provide support. How to trade the VENBTC pair now? Traders who already own the cryptocurrency should hold their positions because a move to 0.00062 is possible. There is a high probability of a dip from the overhead resistance or a consolidation. Therefore, traders can book a small percentage of their position and attempt to buy it at lower levels. Long-term holders can trail their stops higher instead of getting in and out of the position because above 0.00062102, we can expect a straight dash towards the lifetime highs. Others, who haven’t purchased the virtual currency should wait for a dip towards the 20-day EMA to buy and keep a stop loss at 0.0004, just below the 50-day SMA. Failure of a bullish pattern is a negative sign; below 0.0004, a retest of the 0.00032 levels is likely. If we don’t get a dip to the 20-day EMA, traders can wait for the consolidation or correction at the overhead resistance and then buy the breakout. A break out confirms the resumption of the uptrend and a rally to the lifetime highs is likely. Once the bulls succeed in breaking out the lifetime highs, the digital currency can extend the uptrend to 0.00111242 levels. However, as most cryptocurrencies tend to give up their gains quickly, traders should trail their stops higher to lock in the paper profits. The market data is provided by the HitBTC exchange. The charts for the analysis are provided by TradingView.

  2018-05-04 02:16:00 +0100
• Weekly Price Overview: NEO, April 26
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  The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision.The market data is provided by the HitBTC exchange.NEO has been an underperformer in the ongoing recovery from the lows. It has dropped to the tenth spot in terms of market capitalization.Many believe that NEO’s potential will be fully realized only in about 3-5 years from now, so it seems to be a good idea to ‘hodl’ the cryptocurrency through the dips.Let’s look at the charts and try to analyze its long-term and short-term potential.Weekly chartPost listing, NEO exchanged hands below $1 for a long time. Then, at the end of May 2017, the price started to rise and hit a high of about $58 levels in August of last year.   After such a sharp rally, it was logical to expect some profit booking, and that is what happened. Prices corrected to the 20-week EMA but managed to stay above it until early December.The cryptocurrency again broke out of the range in mid-December, and the up move topped out around the $200 mark in mid-January 2018. The ensuing correction reached a low of just about $44 levels in early April of this year.If history is an example, the digital currency rallies hard, follows it up with a deep correction and after a period of consolidation the up move resumes.In the current bear phase, NEO has completed a sharp correction, we can now expect it to consolidate for a few weeks and then resume its uptrend once again. Currently, the 50-week SMA is providing support, while the 20-week EMA is acting as a resistance.Let’s identify the important levels on the daily chart.Daily chartThe NEO/USD pair recovered smartly from the lows but is facing a stiff resistance at the downtrend line and the horizontal line around the $80 mark. Though the bulls succeeded in breaking out of $80 on April 24, they could not sustain the highs, and the price dipped back below the trendline on the very next day.Currently, we find a rounding bottom pattern, which will complete on a breakout and close above $80 levels. This has a pattern target of $115. Another possibility is that, above $80, there is a minor resistance zone between $92.5-$95.5. Once this is crossed, the cryptocurrency could skyrocket to $140 levels.On the other hand, if the price breaks down below both moving averages and $64, it will become weak and slide back towards the early April lows.Can we make use of the information above?How to trade the NEO/USD pair nowLong-term investors can expect a few weeks of consolidation, but history suggests that the next trending move should be to the upside. Therefore, they can wait and buy NEO on dips and keep a stop loss of $40.Short-term traders can wait for a breakout above $85 to establish long positions with stops around $65 levels.Traders who follow us and are long at $64 levels should maintain their stops on the remaining position at breakeven. Currently, the cryptocurrency is finding support at the moving average. A bounce and a break above $85 should reward the traders immensely. Hence, hold the position with the designated stops.The market data is provided by the HitBTC exchange. The charts for the analysis are provided by TradingView.

  2018-04-27 03:38:00 +0100
• Weekly Price Overview: Cardano, April 24
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  The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. Cardano is the seventh largest cryptocurrency in terms of market capitalization. It has made a stellar comeback in the past few days on the back of its listing on the Huobi exchange and introduction of additional trading pairs on Binance exchange. #Binance Adds ADA/BNB and ADA/USDT Trading Pairshttps://t.co/GmTUh2TsN1 pic.twitter.com/HDy7JxezGV— Binance (@binance) April 17, 2018 Traders also seem to be bullish on the fundamental front as many believe that it can become a major competitor to Ethereum. So, what does the future look like? Weekly chart The ADA/BTC pair has a short but volatile history. From the lows of 0.00000254 on November 02 of last year, it skyrocketed to an intraday high of 0.00009180 on January 04 of this year. That’s a staggering return of 3514 percent within a span of about two months. Thereafter, from there, it entered into a downtrend, which saw it plunge 81 percent from the highs to 0.00001673 on March 18. What can the investors expect from here on? For the past five weeks, the digital currency is in a pullback, which has reached close to 23.6 percent retracement of the fall from 0.00009180 to 0.00001673. After such a sharp decline, a ‘V’ shaped recovery is unlikely because traders who had purchased at higher levels and were watching their portfolio sink to a huge loss would bail out once their buy levels are reached. Similarly, short-term traders, who have purchased near the lows will also book profits on rallies. The important levels to watch out on the upside are 38.2 percent Fibonacci retracement level of 0.00004541 and the 50 percent retracement levels of 0.00005427. The start of a new uptrend can be confirmed only after the next decline towards the recent lows. A range bound action for a few weeks is also possible, which will be a positive sign. Longer the time spent in forming a base, larger will be the ensuing rally. Let’s see how to use the levels above for trading.   Daily chart The daily chart shows how the current pullback has stalled right at the 23.6 percent retracement levels. For the past seven days, Cardano has been consolidating near the overhead resistance without giving up much ground. This is a positive sign. We also like the bullish crossover of the moving averages. We should see another attempt by the bulls to break out of the overhead resistance within the next few days. If they succeed, a rally to 0.00004541 will be on the cards. If the break out fails, then most of the traders who have purchased at lower levels will book out of their positions resulting in a dip. The 20-day EMA will be the first support. If this breaks, a decline to the 50-day SMA is also possible. So, how should one trade it? How to trade the ADA/BTC pair now? Long-term traders should accumulate positions on dips towards the 50-day SMA and keep a stop loss at 0.00001600. If prices sustain below the March 18 lows of 0.00001673, the targets on the downside are 0.00000965 and 0.00000560. The target of this trade is 0.000054 and higher. Short-term traders, who have purchased at lower levels can hold their positions with a stop loss at 0.00003 levels. Fresh positions by short-term traders should be only considered on a breakout and close (UTC) above 0.000035 levels with a close stop loss. Their first target is 0.000045. The market data is provided by the HitBTC exchange. The charts for the analysis are provided by TradingView.

  2018-04-25 03:17:00 +0100
• IOTA: Weekly Price Analysis
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  Weekly Price Analysis is a column where our readers decide which coin will be analyzed. Make sure to follow our social media not to miss the next questionnaire. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. IOTA is the tenth largest cryptocurrency in terms of market capitalization. While a few coins in the top 10 are attempting to recover from their recent lows, IOTA continues to struggle. The ugly spat between the IOTA team and a group of external security researchers is not helping matters either. Some believe that the IOTA founder and his team handled the whole episode immaturely, raising questions on the capability of the team to take the project further. Nevertheless, IOTA’s price has not slumped, which shows that the investors have not given up on the team completely. Now, let’s look at the technical picture of the IOTA/USD pair. Weekly chart IOTA remained range bound from mid-June to mid-November of last year. From early November to early December, the cryptocurrency rallied from a low of $0.33870 to a high of $5.59, which is a 1550 percent return within five weeks. After that, the cryptocurrency remained volatile but range-bound near the highs for five weeks. It broke below the range and slumped to a low of $1.2 in early February. Since then, this is the fourth week of consolidation near the lows. The previous consolidation had lasted only for five weeks. So, with the other coins attempting a pullback, can we expect an up move in the IOTA/USD pair? Let’s look at the daily charts to identify the levels that will confirm that the consolidation has ended. Daily chart The cryptocurrency is attempting to hold the 78.6 percent retracement of the entire rally from $0.33870 to $5.8. It has largely remained range-bound between $1.5 to $2.2117 since Feb. 02 of this year. Additionally, we find a symmetrical triangle formation at the lows with price attempting to break out of it. The moving averages are turning down, but IOTA has risen above the 20-day EMA. The 50-day SMA is close to the upper end of the range at $2.2418. If the price breaks out and closes (UTC) above the range, it has a pattern target of $2.9234. Visibly too, the major resistance is at $3 with only minor resistance at $2.62. On the other hand, if IOTA breaks down and closes below the range, it has a pattern target of $0.7883. At the same time, the support zone between $1.1 to $1.2 is likely to attract buying. So, what should traders do? We don’t find any trade setups inside the range. However, once the price breaks out and closes above $2.23, long positions can be initiated with a suitable stop loss. If the bulls succeed in breaking out of $3, a rally to $4 is possible. Traders should avoid bottom fishing if the virtual currency breaks down of the range. The market data is provided by the HitBTC exchange. The charts for the analysis are provided by TradingView.

  2018-03-02 08:10:00 +0000

eth_news

• ‘National emergency’ as Trump’s tariffs dent crypto prices
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  Crypto markets dipped after US President Donald Trump's declaration of a national emergency and sweeping tariffs on all countries as part of his latest salvo in the ongoing trade war. The Trump administration has hit all countries with a 10% tariff starting April 5, with some countries facing even larger rates, such as China facing a 34% tariff, the European Union 20%, and Japan 24%. During an April 2 speech in the Rose Garden at the White House, Trump said the US is charging countries “approximately half of what they are and have been charging us.”🚨 @POTUS signs an Executive Order instituting reciprocal tariffs on countries throughout the world.It's LIBERATION DAY in America! pic.twitter.com/p7UnfE617B— Rapid Response 47 (@RapidResponse47) April 2, 2025The crypto market briefly went up at the news of a 10% sweeping tariff,  but once the full scope became known, it dipped with bleeding across the board. Bitcoin (BTC) had been staging a rally, reaching a session high at $88,500 but dropped 2.6% back to around $82,876. Meanwhile, CoinGecko data shows Ether (ETH) dropped over 6% from $1,934 to $1,797 following the tariff announcements and the total crypto market cap dropped 5.3% to $2.7 trillion. The Crypto Fear & Greed Index, which measures market sentiment for Bitcoin and other cryptocurrencies, returned a score of 25, classed as extreme fear, in its latest April 2 update. However, prices have clawed back some losses since. Bitcoin has recovered 0.8% to $83,205. While Ether regained 1.2% to take back $1,810.The crypto Fear & Greed Index score has returned an average rating of fear for the last week but has now dipped to extreme fear. Source: Alternative.meStock markets didn't fare much better; trading resource The Kobeissi Letter said in an April 2 post to X that the stock market index S&P 500 erased over $2 trillion in market cap, working out to be roughly $125 billion per minute.Trump tariffs could bring certainty to marketsRachael Lucas, a crypto analyst at Australian crypto exchange BTC Markets, said the brief surge was a case of “uncertainty relief,”  then a sell-off as the full tariff details were released. “On BTC Markets, trading volume surged 46% as local traders scrambled to reposition. Big players took profit on the spike, while smaller investors hesitated,” she said in a statement. Source: Daan Crypto TradesShe added that if China or the European Union “hit back hard,” expect another round of panic selling.US Treasury Secretary Scott Bessent urged US trading partners in an April 2 interview with Bloomberg against taking retaliatory steps, arguing this is the high end of the number” for tariffs if they don't try to add more levies in response, which could provide a “ceiling” and certainty for markets.David Hernandez, a crypto investment specialist at crypto asset manager  21Shares, told Cointelegraph that markets experienced significant volatility during Trump’s speech, but the clarity could be a good thing in the long term. “Although the tariff rates were slightly higher than expectations, the announcement provided much-needed clarity on the scope and scale of the policy,” he said.Related: 70% chance of crypto bottoming before June amid trade fears: Nansen“Markets thrive on certainty, and with speculation now largely removed, institutional investors may see an opportunity over the coming days to take advantage of compressed valuations.”Hernandez says global responses will be key for the market going forward, speculating that Mexico and key East Asian economies, including China, South Korea, and Japan, could be evaluating countermeasures.Magazine: Financial nihilism in crypto is over — It’s time to dream big again

  2025-04-03 02:45:37 +0100
• EY updates privacy L2 as nixed Tornado Cash sanctions ease fears
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  Big Four accounting firm EY, formerly Ernst & Young, has changed its enterprise-focused Ethereum layer-2 blockchain Nightfall to a zero-knowledge rollup design as it says corporate clients are more comfortable with privacy solutions with easing US sanctions.EY said in an April 2 announcement that Nightfall’s new source code, “Nightfall_4,” simplifies the network’s architecture and offers near-instant transaction finality on Ethereum while making it more accessible to users than its previous optimistic rollup-based version.EY’s global blockchain leader, Paul Brody, told Cointelegraph that switching to a ZK-rollup model “means instant finality, but it also makes operations simpler since you don’t need a challenger node to secure the network,” which verifies the correctness of transactions.The move away from optimistic rollups means Nightfall users won’t need to challenge potentially incorrect transactions on Ethereum and wait out the challenging period, leading to faster transaction finality.No such feature is present with zero-knowledge rollups, meaning that a transaction becomes final as soon as it is added into a Nightfall block, EY said. It is the fourth major update to Nightfall since EY launched the business-focused Ethereum layer 2 in 2019.Nightfall enables the firm’s business partners to transfer tokens privately using Ethereum’s security while being cheaper than the base network. It also uses a technology that binds a verified identity to a public key through digital signatures to try to stem counterparty risk.Nixed Tornado Cash sanctions “helped people feel comfortable”Brody said the US Treasury’s Office of Foreign Assets Control (OFAC) sanctions on the crypto mixing service Tornado Cash “had a chilling effect on legitimate business user interest.”“Even though we long ago took steps to make Nightfall unattractive to bad actors, since it cannot be used anonymously, the removal of OFAC sanctions has really helped people feel comfortable that using a privacy technology will not be risky,” he added.Nightfall’s code is open source on GitHub but remains a permissioned blockchain for EY’s customer base, competing with the likes of the IBM-backed Hyperledger Fabric, R3 Corda and the Consensus-built Quorum.Brody said that EY’s blockchain team is working toward “a single environment that supports payments, logic, and composability.”Currently, the firm requires Nightfall and Starlight, a tool that can change smart contract code to enable zero-knowledge proofs “to enable complex multiparty business agreements under privacy,” he added.“We’ll spend some time supporting Nightfall_4 deployments initially,” Brody said. “Then we’ll move on to the development of Nightfall_5.”Magazine: What are native rollups? Full guide to Ethereum’s latest innovation 

  2025-04-03 00:00:00 +0100
• Here’s what happened in crypto today
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  Today in crypto, First Digital’s stablecoin depegged after Justin Sun’s claims of insolvency. Meanwhile, VanEck became the first company to propose a potential BNB exchange-traded fund in the United States and stablecoin issuer Circle filed for a public listing on Wall Street. FDUSD stablecoin depegs following insolvency claims by Justin SunThe First Digital US dollar-pegged stablecoin FDUSD depegged on April 2 following claims of insolvency from Tron network founder Justin Sun, who said that the issuer of the tokenized fiat equivalent, First Digital, is insolvent.First Digital responded to the claims by assuring users they are completely solvent and said that FDUSD is still fully backed and redeemable with the US dollar on a 1:1 basis.The firm also said that the ongoing dispute is with TrueUSD (TUSD), another stablecoin. The firm wrote in an April 2 X post:"Every dollar backing FDUSD is completely secure, safe, and accounted for with US-backed Treasury Bills. The exact ISIN numbers of all of the reserves of FDUSD are set out in our attestation report and clearly accounted for."First Digital also indicated they would be taking legal action against Sun for making the claims on social media. "This is a typical Justin Sun smear campaign to try to attack a competitor to his business," spokespeople for First Digital wrote.FDUSD loses dollar peg: Source: CoinMarketCapVanEck eyes BNB ETF with latest Delaware trust filingInvestment company VanEck filed to register a Delaware trust company for an exchange-traded fund (ETF) tracking Binance-linked BNB cryptocurrency.VanEck, on March 31, registered a new entity under the name VanEck BNB ETF in Delaware, according to public records on the official Delaware state website.VanEck BNB ETF trust registration in Delaware. Source: Delaware.govIn filing 10148820, the entity is registered as a trust corporate service company in Delaware, hinting at a potential spot BNB (BNB) ETF in the United States.Circle files for Initial Public Offering planned for AprilUSDC (USDC) stablecoin issuer Circle Internet Group filed with the US Securities and Exchange Commission on April 1 to go public later this month on the New York Stock Exchange under the ticker “CRCL.”Its Form S-1 registration statement didn’t detail the number of shares it would offer or what its initial public offering target price would be, but it did shed some light on the firm’s financials.The filing shows Circle’s revenue last year was $1.67 billion in revenue for 2024, a 16% year-on-year bump, while its 2024 net income was $155.6 million — a 41.8% fall from 2023.Circle’s financials over the last three years ended Dec. 31. Source: SECOver 99% of Circle’s revenue in 2024 came from its stablecoin reserves. The company issues the second-largest stablecoin by market cap behind only Tether (USDT) and generates part of its income by holding yield-bearing Treasury bills.Circle attempted to go public via a Special Purpose Acquisition Company (SPAC) merger in 2021— which it abandoned in December 2022 — and again in January 2024 via a confidential filing with the SEC.

  2025-04-02 23:00:26 +0100
• Curve Finance clocks $35B trading volume in Q1 2025
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  Curve Finance, a decentralized lending protocol and exchange, notched record-breaking trading volumes of nearly $35 billion in the first quarter of 2025, a spokesperson for the protocol told Cointelegraph. Trading volumes increased more than 13% from the first quarter of 2024, largely due to a surge in transactions, from around 1.8 million to some 5.5 million in Q1 2025, Curve said. The strong Q1 volumes come amid overall declines in the cryptocurrency market, with the total market capitalization of cryptocurrencies dropping by more than 20% in the year-to-date as of March 31, according to data from CoinGecko.Curve’s total value locked (TVL) over time. Source: DefiLlamaRelated: Curve Finance launches ‘Savings crvUSD’ yield-bearing stablecoinChanging DeFi LandscapeLaunched in 2020, Curve has taken numerous steps in the past year to keep pace with the changing decentralized finance (DeFi) landscape.In June 2024, Curve adopted crvUSD, its stablecoin, for fee distribution to tokenholders, replacing an older model that paid holders in shares of the 3crv liquidity pool.In November, Curve partnered with Elixir, a blockchain network, to help onboard BlackRock’s tokenized money market fund, BUIDL, to DeFi. By the end of 2025, Curve plans to consolidate its lending markets into a single user interface and provide borrowers with more time to close positions before they are liquidated, it told Cointelegraph. Curve founder Michael Egorov said in March that he expects many decentralized exchanges (DEXs) to evolve into bespoke platforms for stablecoins pegged to various currency denominations. "Exchanges between stablecoins of different denominations like the euro, US dollar, and others are not yet properly solved. How to provide liquidity without losing money, but while earning a lot of money, is kind of an open question that I think will be solved soon,” Egorov said.Despite the rise in transactions, the total value locked (TVL) on Curve’s platform is approximately $1.8 billion as of April 2, according to data from DefILlama, down from highs of roughly $2.5 billion at the start of the year. Curve’s native token, Curve DAO (CRV), has a market capitalization of approximately $640 million at this writing, marking a more than 40% decline in the year-to-date, according to data from Cointelegraph.Related: BTC miners adopted ‘treasury strategy,’ diversified business in 2024: Report

  2025-04-02 22:54:34 +0100
• Ethereum price may have bottomed, but pro traders show little interest in buying ETH
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  Ether (ETH) price has risen 6.4% from its March 30 $1,768 low but the altcoin has struggled to regain the $2,000 level. Some traders believe that the downturn is partially connected to the deflating memecoin market, which, while not exclusive to the Ethereum network, significantly reduced activity across the decentralized applications (DApps) ecosystem and broader crypto space.Ether is currently 44% down year-to-date, and derivatives metrics indicate that traders are far from bullish and show little confidence in a strong recovery in the near term. Proof of this can be found in the premium on Ether futures relative to spot markets. While the figure rose to 4% on April 2, up from 2% on March 31, it is still below the neutral 5% threshold. This data indicates that Ether investors remain far from turning bullish, despite the strengthening support at the $1,800 price level.Ether 2-month futures annualized premium. Source: Laevitas.chTo assess whether whales and market makers lack confidence in Ether’s performance, one should analyze the ETH options market. Under neutral conditions, the 25% delta skew should be balanced between call (buy) and put (sell) options, typically ranging from -6% to 6%.Deribit ETH 30-day options 25% delta skew (put-call). Source: Laevitas.chThe Ether delta skew metric has retreated from the 9% level seen on March 31, yet the current 7% reading suggests that risk-aversion sentiment remains strong. The rising cost of hedging indicates that whales fear further downside for ETH, suggesting it may take longer for traders to regain confidence.Ethereum adoption remains strong despite DApps revenue dropIt’s easy to attribute much of Ether’s price decline to the 49% drop in Ethereum DApps revenue between January and March. However, while the reduced network activity limits the influx of new users and dampens overall demand for ETH, its advantages over traditional financial markets and its dominance in decentralized finance (DeFi) remain unchanged.The stablecoin holdings on Ethereum are nearing an all-time high of $124.5 billion, and Ethereum is still the undisputed leader, with $49 billion in total value locked (TVL). This data suggests significant potential for ETH adoption, particularly as new use cases emerge, such as structured products and more complex DeFi applications leveraging synthetic assets.Despite the early struggles of metaverse applications, declining interest in memecoins, and the sharp downturn in non-fungible token (NFT) marketplace activity, the Ethereum network continues to expand.ETH funding rate neutral as ETFs dampen retail trading enthusiasmInstead of focusing solely on how professional traders are positioned, it is also valuable to assess retail investors’ sentiment. Perpetual futures (inverse swaps) typically follow spot prices closely, as leverage imbalances are corrected through a fee known as the funding rate, which is charged every eight hours. In neutral markets, this rate fluctuates between 0.1% and 0.3% over a seven-day period.Ether 8-hour perpetual futures funding rate. Source: Laevitas.chThe ETH perpetual funding rate has been neutral since March 31, indicating that retail traders are not attempting to catch a falling knife. A key factor behind this lack of enthusiasm is the spot Ether exchange-traded funds (ETFs), which saw $37 million in net outflows over the past two weeks.While derivatives data is often backward-looking and does not necessarily signal further ETH price declines, sentiment could shift quickly given the positive momentum from the Trump family’s World Liberty Financial investment in ETH and Eric Trump’s vocal support for Ether. For the time being, professional traders and retail investors remain cautious about ETH’s price outlook.This article is for general information purposes and is not intended to be and should not be taken as legal or investment advice. The views, thoughts, and opinions expressed here are the author’s alone and do not necessarily reflect or represent the views and opinions of Cointelegraph.

  2025-04-02 22:15:00 +0100
• Price analysis 4/2: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, TON, LINK, LEO
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  Bitcoin (BTC) bulls have pushed the price above the $87,000 level even as US trade tariffs are slated to kick in on April 2. Bitcoin may remain volatile in the near term, but analysts remain bullish for the long term.According to Fidelity analyst Zack Wainwright, Bitcoin is currently in an acceleration phase, which “can conclude with a sharp, dramatic rally” if history repeats itself. If that happens, Wainwright expects $110,000 to be the starting base of the next leg of the upmove.Crypto market data daily view. Source: Coin360BitMEX co-founder and Maelstrom chief investment officer Arthur Hayes said in a post that if the Federal Reserve pivots to quantitative easing, then Bitcoin could rally to $250,000 by year-end.Could Bitcoin break above the $89,000 overhead resistance, starting a rally in select altcoins? Let’s analyze the charts of the top 10 cryptocurrencies to find out.Bitcoin price analysisBitcoin has risen close to the resistance line, where the sellers are expected to pose a solid challenge.BTC/USDT daily chart. Source: Cointelegraph/TradingViewThe flattening 20-day exponential moving average ($85,152) and the relative strength index (RSI) just above the midpoint signal the bears are losing their grip. That improves the prospects of a rally above the resistance line. If that happens, the BTC/USDT pair could climb to $95,000 and eventually to $100,000.Alternatively, if the price turns down sharply from the resistance line and breaks below $81,000, it will suggest that the bears are back in the driver’s seat. The pair may then tumble to $76,606.Ether price analysisEther (ETH) rebounded off the $1,754 support on March 31, signaling that the bulls are attempting to form a double-bottom pattern.ETH/USDT daily chart. Source: Cointelegraph/TradingViewThe bears will try to stall the relief rally at the 20-day EMA ($1,965). If the price turns down from the 20-day EMA, the possibility of a break below $1,574 increases. The ETH/USDT pair may then collapse to $1,550.Contrarily, a break and close above the 20-day EMA opens the doors for a rise to the breakdown level of $2,111. If buyers pierce this resistance, the pair will complete a double-bottom pattern, starting a rally to the target objective of $2,468.XRP price analysisXRP’s (XRP) weak bounce off the crucial $2 support suggests a lack of aggressive buying by the bulls at the current levels.XRP/USDT daily chart. Source: Cointelegraph/TradingViewThat heightens the risk of a break below $2. If that happens, the XRP/USDT pair will complete a bearish head-and-shoulders pattern. This negative setup could start a downward move to $1.27. There is support at $1.77, but it is likely to be broken.On the upside, a break and close above the 50-day SMA ($2.39) suggests solid buying at lower levels. The pair may then rally to the resistance line, where the bears are expected to mount a strong defense. A break and close above the resistance line signals a potential trend change.BNB price analysisBNB’s (BNB) recovery attempt stalled at the moving averages on April 1, indicating that the bears are selling on rallies.BNB/USDT daily chart. Source: Cointelegraph/TradingViewThe bears will try to strengthen their position by pulling the price below $587. If they can pull it off, the BNB/USDT pair could descend to the 50% Fibonacci retracement level of $575 and later to the 61.8% retracement of $559. The deeper the pullback, the greater the time needed for the pair to recover.A break above the moving averages is the first sign that the selling pressure has reduced. The pair may rally to $644 and then to $686, which is likely to attract sellers.Solana price analysisSolana (SOL) is getting squeezed between the 20-day EMA ($132) and the $120 support, signaling a possible range expansion in the short term.SOL/USDT daily chart. Source: Cointelegraph/TradingViewIf the price breaks and closes above the 20-day EMA, it suggests that the buyers have overpowered the sellers. The SOL/USDT pair may rise to the 50-day SMA ($145) and, after that, to $180.This positive view will be invalidated in the near term if the price turns down from the moving averages and breaks below $120. That could pull the price to $110, where the buyers are expected to step in.Dogecoin price analysisDogecoin (DOGE) remains pinned below the 20-day EMA ($0.17), indicating that the bears continue to sell on minor rallies.DOGE/USDT daily chart. Source: Cointelegraph/TradingViewThe first sign of strength will be a break and close above the 20-day EMA. The DOGE/USDT pair may climb to $0.21, which could act as a strong barrier. If buyers pierce the $0.21 resistance, the pair may rally to $0.24 and later to $0.29.Sellers are likely to have other plans. They will try to defend the moving averages and pull the price below $0.16. If they manage to do that, the pair could descend to the $0.14 support. A break and close below the $0.14 level may sink the pair to $0.10.Cardano price analysisBuyers are trying to push Cardano (ADA) back above the uptrend line, but the bears are likely to sell near the moving averages.ADA/USDT daily chart. Source: Cointelegraph/TradingViewThe downsloping 20-day EMA ($0.71) and the RSI just below the midpoint signal that bears have the edge. If the price turns down and breaks below $0.63, the ADA/USDT pair could plunge to $0.58 and thereafter to $0.50.Buyers will have to drive and maintain the price above the 50-day SMA ($0.75) to signal a potential trend change in the near term. The pair could rally to $0.84, which may act as a hurdle. Related: Is Bitcoin price going to crash again?Toncoin price analysisToncoin (TON) broke above the $4.14 resistance on March 1, but the bulls could not sustain the breakout.TON/USD daily chart. Source: Cointelegraph/TradingViewA minor positive in favor of the bulls is that they have not allowed the price to slip much below $4.14. That increases the possibility of a break above the overhead resistance. The TON/USDT pair could rally to $5 and later to $5.50.The 20-day EMA ($3.71) is the critical support to watch out for on the downside. If the support cracks, it will signal that the bulls are losing their grip. The pair may slide to the 50-day SMA ($3.48) and then to $2.81.Chainlink price analysisChainlink (LINK) tried to rise above the 20-day EMA ($14.32) on April 1, but the bears held their ground.LINK/USDT daily chart. Source: Cointelegraph/TradingViewSellers will try to pull the price to the support line of the descending channel pattern, which remains the key short-term level to keep an eye on. If the price breaks below the support line, the LINK/USDT pair could descend to $10.If buyers want to prevent the downside, they will have to push and maintain the price above the 50-day SMA ($15.47). If they manage to do that, the pair could rally to $17.50 and subsequently to the resistance line.UNUS SED LEO price analysisUNUS SED LEO (LEO) turned down from the overhead resistance of $9.90 and plunged below the uptrend line on March 30.LEO/USD daily chart. Source: Cointelegraph/TradingViewHowever, the bears could not sustain the lower levels, and the bulls pushed the price back into the triangle on April 1. The recovery is expected to face selling at the 20-day EMA ($9.60). If the price turns down from the 20-day EMA and breaks below the uptrend line, it increases the risk of a fall to $8.Instead, if the LEO/USD pair breaks above the 20-day EMA, it suggests that the markets have rejected the breakdown. A breakout and close above $9.90 will complete an ascending triangle pattern, which has a target objective of $12.04.This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

  2025-04-02 18:06:37 +0100
• Ethereum's weekly blob fees hit 2025 lows
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  The Ethereum network’s main source of income from layer-2 (L2) scaling chains — “blob fees” — has sunk to the lowest weekly levels so far this year, according to data from Etherscan. In the week ending March 30, Ethereum earned only 3.18 Ether (ETH) from blob fees, according to Etherscan, or approximately $6,000 US dollars as of April 1. This figure marks a 73% drop from the prior week and a more than 95% decline from the week ending March 16, when Ethereum’s income from blob fees exceeded 84 ETH, Etherscan said in an X post. Source: EtherscanRelated: Ethereum fees poised for rebound amid L2, blob uptickPost-Dencun growing painsIn March 2024, Ethereum’s Dencun upgrade migrated L2 transaction data to temporary offchain stores called “blobs.”The upgrade cut costs for users but also reduced overall fee revenue for Ethereum — initially by as much as 95%, according to data from asset manager VanEck.“ETH Fees Were Weak Due to Lack of Blob Revenues as L2s Have Not Filled Available Capacity,” Matthew Sigel, VanEck’s head of digital asset research, said in a Nov. 1, 2024, post on the X platform.Since then, growth in blob fees has been unsteady. Ethereum’s weekly blob fee income peaked at nearly $1 million in November before declining sharply in recent weeks, according to data from Dune Analytics. Ethereum’s blob fee income has been uneven. Source: Dune AnalyticsEthereum’s ongoing struggle to earn meaningful income from blob fees underscores concerns about the network’s scaling model, which relies heavily on L2s for transaction throughput.“Ethereum’s future will revolve around how effectively it serves as a data availability engine for L2s,” arndxt, author of the Threading on the Edge newsletter, said in a March 31 X post. According to an X post by Michael Nadeau, founder of The DeFi Report, L2 transaction volumes would need to increase more than 22,000-fold for blob fees to fully offset Ethereum’s peak transaction fee revenues. However, Ethereum’s economics are still evolving. For instance, the network’s Pectra Upgrade — which aims to significantly change how Ethereum allocates blob space — is scheduled for this year. “The plan is simple: scale Ethereum as much as possible to capture as much marketshare as we can - worry about fee revenue later,” Sassal, founder of The Daily Gwei, said in a March 17 X post. Magazine: AI agents trading crypto is a hot narrative, but beware of rookie mistakes

  2025-04-01 21:30:00 +0100
• Ethereum prints 4 consecutive red monthly candles, but data points to an ETH/BTC bottom
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  Ethereum’s native token, Ether (ETH), registered four consecutive red monthly candles after the altcoin dropped 18.47% in March. The altcoin’s current market structure reflects a sustained bearish trend not seen since the bear market of 2022. With each monthly close taking place below the previous month’s low, analysts are beginning the debate about whether ETH is approaching a bottom or if there is more downside ahead for the altcoin. Ethereum/Bitcoin ratio hits new 5-year lowOn March 30, the Ethereum/Bitcoin ratio dropped to a five-year low of 0.021. The ETH/BTC ratio measures ETH’s value against Bitcoin (BTC), and the current decline underlines Ether’s underperformance against Bitcoin over the past five years. In fact, the last time the ETH/BTC ratio dipped to 0.021, ETH was valued between $150-$300 in May 2020. Ethereum/Bitcoin 1-month chart. Source: Cointelegraph/TradingViewData from the token terminal showed Ethereum’s monthly fees dropped to $22 million in March 20205, its lowest level since June 2020, indicating low network activity and market interest. Ethereum fees represent the cost users pay for transactions, which is influenced by network demand. When network fees begin to drop, it indicates reduced network utility. Ethereum fees and price. Source: token terminalDespite the price action and revenue malaise, Ethereum analyst VentureFounder said that the ETH/BTC bottom could occur over the next few weeks. The analyst hinted at a potential bottom between 0.017 and 0.022, suggesting that the ratio might drop further before a recovery. The analyst said, “Maybe another lower low RSI and one more push downward lots of similarity with 2018-2019 Fed tightening & QE cycle, expecting the first higher high after May FOMC when Fed ends QT & begin QE.”Ethereum/Bitcoin analysis by venture founder. Source: X.comRelated: Ethereum price down almost 50% since Eric Trump's 'add ETH' endorsementHistorical odds favor a short-term bottomSince its inception, ETH has registered three or more consecutive bearish monthly candles on five occasions, and each time, a short-term bottom was the result. The chart below shows that the most back-to-back red months occurred in 2018, with seven, but prices jumped 83% after the correction. Ethereum monthly chart. Source: Cointelegraph/TradingViewIn 2022, after three consecutive bearish months, ETH price consolidated in a range for almost a year, but the bottom was in on the third bearish candle in June 2022. Historically, Ethereum has a 75% probability of having a green month in April. Based on Ethereum’s past quarterly returns, the altcoin experienced the least number of drawdowns in Q2 compared to other quarters. With the average returns in Q2 as high as 60.59%, the likelihood of positive returns in April. Ethereum Quarterly returns. Source: CoinGlassRelated: Why is Ethereum (ETH) price up today?This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

  2025-04-01 20:23:16 +0100
• Why is Ethereum (ETH) price up today?
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  Ether (ETH) price rallied nearly 3% over the past 24 hours, reaching a high of $1,866 on April 1. The top altcoin’s daily trading volume increased by 27% to $15. billion as ETH climbed above $1,800.ETH/USD four-hour chart. Source: Cointelegraph/TradingViewSeveral factors are behind Ethereum’s bullishness today, including:The launch of Privacy Pools on Ethereum.Reducing supply on exchanges.Ether’s market setup points to a 12% rebound next.Privacy Pools launch on Ethereum boosts ETH priceOne of the most significant drivers of Ether’s bullishness today is the launch of Privacy Pools on the Ethereum mainnet.gm Ethereum ☀️It is our great honor to announce the mainnet launch of Privacy Pools!ETH users can now achieve on-chain privacy, while still dissociating from illicit fundsIt is now up to all of us to Make Privacy Normal Again 🫡More info in this thread 👇 pic.twitter.com/3nJO0AxoD1— 0xbow.io (@0xbowio) March 31, 2025  What to know:Announced by developers at 0xbow.io, Privacy Pools aims to enhance onchain privacy while addressing regulatory concerns—a balance that has long eluded many blockchain projects. Unlike previous privacy mixers like Tornado Cash, which faced sanctions for enabling illicit transactions, Privacy Pools use “Association Sets” to screen out bad actors while preserving user anonymity. The new privacy tool has garnered support from Ethereum co-founder Vitalik Buterin himself. Buterin, a co-author of the original Privacy Pools research paper, made one of the first deposits, expressing his confidence in the project. Market participants responded to this with enthusiasm, with Cryptolive calling it a “privacy breakthrough,” with sentiment suggesting it could “make privacy normal again” in the blockchain industry. “This is huge; it’s got the backing of Ethereum co-founder Vitalik Buterin,” said DuckAI Agent, adding that it could be a sign of increased adoption and usage. “Overall, I'm bullish on ETH - this launch could be a game-changer for the ecosystem.”This development should increase Ethereum’s utility, potentially attracting more users and developers to the network, which in turn drives demand for ETH.Reducing ETH supply on exchangesAnother factor supporting Ether’s performance today is reducing supply on exchanges.Key takeaways:ETH balance on exchanges has reached a 9-year low of 18.3 million ETH after dropping nearly 5% over the last 30 days.These are levels last seen in July 2016 when ETH was trading below $15.The amount of ETH supply on exchanges has resumed its downtrend, as shown in the chart below.ETH supply on exchanges. Source: CryptoQuantA decline in exchange supply suggests that holders are moving their ETH into cold storage or staking, reducing the circulating supply available for trading.Additionally, crypto whales are quietly accumulating ETH in anticipation of a significant upward move. ETH inflows into accumulation addresses have surged to multi-year highs, surpassing levels seen before major bull runs, as seen in the chart below.Ethereum accumulation addresses are a specific classification of wallet addresses used to track long-term holding behavior.ETH inflows into accumulation addresses. Source: CryptoQuantHigh inflows into accumulation addresses suggest that institutional investors and large holders are potentially taking advantage of ETH’s low price to accumulate. Related: zkLend hacker claims losing stolen ETH to Tornado Cash phishing siteETH price nurtures a V-shaped recoveryEther’s price action has been attempting a V-shaped recovery chart pattern on the four-hour chart since March 25, as shown below.A V-shaped recovery is a bullish pattern formed when an asset experiences a sharp price increase after a steep decline. It is completed when the price moves up to the resistance at the top of the V formation, also known as the neckline.ETH appears to be on a similar trajectory and now trades below a supply-demand zone between $1,900 and $2,000, where the 50-day, 100-day and 200-day simple moving averages (SMAs) sit.This suggests that bulls need to push the price above this area to increase the chances of reaching the neckline at $2,100 to complete the V-pattern.This would represent a 12% increase from the current price.ETH/USD daily chart. Source: Cointelegraph/TradingViewMeanwhile, the relative strength index, or RSI, has risen from oversold conditions at 21 on March 31 to 56 at the time of writing, suggesting that the bullish momentum is picking up.This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

  2025-04-01 10:51:01 +0100
• zkLend hacker claims losing stolen ETH to Tornado Cash phishing site
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  The hacker behind the $9.6 million exploit of the decentralized money-lending protocol zkLend in February claims they’ve just fallen victim to a phishing website impersonating Tornado Cash, resulting in the loss of a significant portion of the stolen funds.In a message sent to zkLend through Etherscan on March 31, the hacker claimed to have lost 2,930 Ether (ETH) from the stolen funds to a phishing website posing as a front-end for Tornado Cash. In a series of March 31 transfers, the zkLend thief sent 100 Ether at a time to an address named Tornado.Cash: Router, finishing with three deposits of 10 Ether.“Hello, I tried to move funds to a Tornado, but I used a phishing website, and all the funds have been lost. I am devastated. I am terribly sorry for all the havoc and losses caused,” the hacker said.The hacker behind the zkLend exploit claims to have lost most of the funds to a phishing website posing as a front-end for Tornado Cash. Source: Etherscan“All the 2,930 Eth have been taken by that site owners. I do not have coins. Please redirect your efforts towards those site owners to see if you can recover some of the money,” they added. zkLend responded to the message by asking the hacker to “Return all the funds left in your wallets” to the zkLend wallet address. However, according to Etherscan, another 25 Ether was then sent to a wallet listed as Chainflip1. Earlier, another user warned the exploiter about the error, telling them, “don’t celebrate,” because all the funds were sent to the scam Tornado Cash URL.“It is so devastating. Everything gone with one wrong website,” the hacker replied.Another user warned the zkLend exploiter about the mistake, but it was too late. Source: EtherscanHow zkLend was exploited for $9.6 million zkLend suffered an empty market exploit on Feb. 11 when an attacker used a small deposit and flash loans to inflate the lending accumulator, according to the protocol’s Feb. 14 post-mortem. The hacker then repeatedly deposited and withdrew funds, exploiting rounding errors that became significant due to the inflated accumulator. The attacker bridged the stolen funds to Ethereum and later failed to launder them through Railgun after protocol policies returned them to the original address. Following the exploit, zkLend proposed the hacker could keep 10% of the funds as a bounty and offered to release the culprit from legal liability and scrutiny from law enforcement if the remaining Ether was returned.Related: DeFi protocol SIR.trading loses entire $355K TVL in ‘worst news’ possibleThe offer deadline of Feb. 14 passed with no public response from either party. In a Feb. 19 update to X, zkLend said it was now offering a $500,000 bounty for any verifiable information that could lead to the hacker being arrested and the funds recovered.Losses to crypto scams, exploits and hacks totaled over $33 million in March, according to blockchain security firm CertiK, but dropped to $28 million after decentralized exchange aggregator 1inch successfully recovered its stolen funds. Losses to crypto scams, exploits and hacks totaled nearly $1.53 billion in February. The $1.4 billion Feb. 21 attack on Bybit by North Korea’s Lazarus Group made up the lion’s share and took the title for largest crypto hack ever, doubling the $650 million Ronin bridge hack in March 2022. Magazine: Lazarus Group’s favorite exploit revealed — Crypto hacks analysis

  2025-04-01 04:12:23 +0100

hacker_news

• Web Server for AoE 1, 2 and 3 DE supporting LAN multiplayer 100% offline
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  2025-04-02 23:10:55 +0000
• Tell HN: Announcing tomhow as a public moderator
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  2025-04-02 16:49:56 +0000
• TV Garden
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  2025-03-30 14:25:26 +0000
• Pico.sh – SSH powered services for developers
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  2025-04-02 20:02:09 +0000
• Minimal CSS-only blurry image placeholders
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  2025-03-30 11:11:35 +0000
• An open source, self-hosted implementation of the Tailscale control server
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  2025-04-03 00:23:29 +0000
• Animals Made from 13 Circles (2016)
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  2025-04-02 15:35:25 +0000
• Multi-Token Attention
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  2025-04-02 22:20:53 +0000
• MIT 6.5950 Secure Hardware Design – An open-source course on hardware attacks
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  2025-04-02 21:54:13 +0000
• Apple's Cubify Anything: Scaling Indoor 3D Object Detection
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  2025-03-31 08:25:20 +0000

investing

• NAB CEO warns Trump's 'tariff madness' may end Australia's easing cycle
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  2025-03-18 01:41:04 UTC
• Gold scales record peak, rises above $3,000 again as tariff uncertainty fuels safe-haven demand
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  2025-03-18 01:40:41 UTC
• Dollar stuck near 5-month low, struggles to shake off growth concerns
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  2025-03-18 01:30:35 UTC
• Israeli military conducts strikes on Hamas targets in Gaza, army says
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  2025-03-18 01:25:48 UTC
• Toronto excludes Tesla from EV incentive due to US trade war
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  2025-03-18 01:25:46 UTC
• Exclusive-Vietnam developer proposes 15-year rescue for bank at heart of giant fraud, documents show
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  2025-03-18 01:15:50 UTC
• Lucid Group: Morgan Stanley upgrades to Equal-Weight on AI bull scenario
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  2025-03-18 01:11:08 UTC
• Delta regional jet wing struck runway at New York airport
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  2025-03-18 00:50:13 UTC
• Toronto removes EV incentives for Tesla amid US-Canada trade war
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  2025-03-18 00:44:26 UTC
• US Commerce department bans Chinese AI DeepSeek on govt devices - Reuters
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  2025-03-18 00:39:43 UTC

reddit_entrepreneur

• NooB Monday! - March 17, 2025
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  2025-03-17 09:00:38 UTC
• I Spent $90,400 Creating a Recovery Device...
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  2025-03-17 19:29:11 UTC
• The Hardest Lesson About Entrepreneurship No One Warns You About
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  2025-03-17 21:15:45 UTC
• How do people balance a 9-5 while building a startup?
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  2025-03-17 14:37:24 UTC
• What I Wish Someone Had Told Me Before Starting My Company
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  2025-03-17 19:27:20 UTC
• Made $450 Building an Agent
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  2025-03-17 20:46:17 UTC
• A successful entrepreneur I know once told me: "You have no excuse not to surround yourself with like-minded people digitally."
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  2025-03-17 18:35:56 UTC
• I grew my house painting business to 7 figures by mastering THIS one thing most contractors completely miss
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  2025-03-16 20:06:13 UTC
• I just found out you can rank on chatgpt
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  2025-03-17 08:22:05 UTC
• Becoming an entrepreneur when you’re shy and awkward
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  2025-03-18 01:27:52 UTC

startup_stories

• #2273 What happened to our partnership?
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  Before I partnered with Jesse Pujji, we were buddy-buddy. Texting all the time. When we got started, we got excited about the world of possibilities for our company. Now? Something is missing. I asked him about it. And about where he put his money, why he’s not launching more companies now, what he’s building with AI, and more. Jesse Pujji is the founder of Gateway X, the venture studio. Jesse & Andrew are building Bootstrapped Giants, a resource for ambitious, unfunded founders. More interviews -> https://mixergy.com/moreint Rate this interview -> https://mixergy.com/rateint

  2025-03-05 18:00:07 +0000
• #2272 Aux: >$10mil advising private equity
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  When Kasey Grelle heard that private equity companies paid marketing agencies to evaluate companies they wanted to buy, she spotted a business opportunity. That realization became Aux Insights, the firm that’s become “the office of the CMO” for private equity companies. Listen to how they got clients & built their business. Kasey is a former reporter who founded Aux Insights, a global advisory firm that acts as the office of the CMO for private equity firms, specializing in digital growth strategy and marketing diligence. When she’s not scaling businesses, she’s up before dawn at 4 AM, savoring the quiet magic of early morning work before the chaos of her three-kid household kicks in. More interviews -> https://mixergy.com/moreint Rate this interview -> https://mixergy.com/rateint

  2025-02-21 18:00:56 +0000
• #2271 Tucker Max left & his business crashed
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  Tucker Max thought his business was worth $64 million. Then it nearly died. This is the story of how Scribe, the ghostwriting and publishing company rose, crashed, and rose again. Tucker Max first became famous for his best-selling “fratire” books. He shifted to entrepreneurship when he launched Scribe, a book ghostwriting and publishing company. Today he spends time on his ranch where he grows his own food, and runs Tell Your Story Memoir Academy, which helps authors document their truth. Sponsored bybeehiiv – The best email newsletter publishing platform because they’ll grow your audience faster than any other service. More interviews -> https://mixergy.com/moreint Rate this interview -> https://mixergy.com/rateint

  2024-11-29 18:00:16 +0000
• #2270 Zillow laid him off, so he started his own company
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  Zillow laid him off. So John Doherty launched Credo a digital agency matchmaking firm. Exactly 7 years later — to the day — he sold the company. This is the story of how he built and sold Credo, and how he’s building his latest company, EditorNinja, which offers outsourced text editing. John Doherty is the founder of Credo, which matches digital agencies with clients. After an exit in 2022, he built his professional editing/SEO service EditorNinja. When he’s not doing that, he disconnects from everything tech and goes skiing. Sponsored byGusto – The HR platform so well designed that your team will thank you for using them. More interviews -> https://mixergy.com/moreint Rate this interview -> https://mixergy.com/rateint

  2024-11-22 18:00:58 +0000
• #2269 How the “My First Million” Guy Made his Money
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  Shaan Puri was exceptional at doing the Silicon Valley thing. Still, he says his newsletter was the fastest way he’s ever made money. Within a year of its creation, The Milk Road grew to 250k readers and a reported 8-figure exit. Shaan Puri is perhaps most famous for co-hosting the My First Million podcast with Sam Parr, which has garnered over 200 million YouTube views since it started in 2019. Some of his additional projects include Bebo (sold to Twitch in 2019), Blab (live-streaming service with ~4 million users), a venture fund, and his newsletter The Milk Road (250K readers in <1 year). Sponsored bybeehiiv – the email platform that Shaan used to build The Milk Road. It’s fantastic. Try it free using our link. More interviews -> https://mixergy.com/moreint Rate this interview -> https://mixergy.com/rateint

  2024-11-15 18:00:49 +0000
• #2268 How is beehiiv making $15 mil per year?
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  They feel like the millionth company to offer email newsletter publishing. How are they growing so fast despite the competition? Tyler Denk is a big reason. A former Morning Brew employee, he took their growth techniques and turned them into a software company: beehiiv. Tyler Denk was the second-ever employee at Morning Brew. After growing it to the reported biggest exit of any newsletter business, he started building beehiiv. Now, they’re doing $15 million in ARR as a growing underdog. More interviews -> https://mixergy.com/moreint Rate this interview -> https://mixergy.com/rateint

  2024-11-01 17:00:10 +0000
• #2267 This listener got a Mixergy guest to invest in her startup
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  Vlada Lotkina noticed something wrong at her daughter’s school. So she built the solution and sold it for 8-figures. It’s called ClassTag, and it’s a platform where teachers, parents and school administrators can communicate and send out announcements. No flyers, no ridiculously long emails… My favorite part is that she’s a Mixergy listener herself. She literally called a previous guest of mine and got him to invest before her business took off. Vlada Lotkina is the co-founder and CEO of ClassTag, an edtech platform that simplifies communication between teachers and parents. She grew up in Ukraine and watched as her father pursued entrepreneurship during the fall of the soviet union. As a mother in the U.S., her own frustrations with poor school-parent communication inspired her. She eventually exited ClassTag for 8-figures. Sponsored byGusto – The easy payroll and benefits software the Mixergy interviewees love. More interviews -> https://mixergy.com/moreint Rate this interview -> https://mixergy.com/rateint

  2024-09-20 17:00:30 +0000
• #2266 The $21M ARR Business That Sells Your Email Address
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  Adam Robinson struggled to compete with MailChimp. So he built software that’s too dangerous for them to build. Businesses that use Retention.com can instantly grab email addresses from anonymous website visitors — even if they never fill out a form. To promote his software he made himself into one of the few interesting follows on LinkedIn by picking fights, bringing drama and adding production values. Adam Robinson is the founder and CEO of Retention.com, which identifies email addresses from anonymous website visitors. He previously worked in finance but launched the email marketing company Robly after the 2008 financial crisis jeopardized his career. Following an 8-figure exit, he bootstrapped retention.com to over $21M in ARR. Sponsored byGusto – The easy payroll and benefits software the Mixergy interviewees love. More interviews -> https://mixergy.com/moreint Rate this interview -> https://mixergy.com/rateint

  2024-09-13 17:00:34 +0000
• #2265 He Bought a Ghost Town
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  Brent Underwood had a business idea: buy an abandoned town and turn it into a tourist destination. It didn’t work. Mostly because he tried running it remotely. Then he moved in. He started looking around, diving into old mines, and finding old treasures. He shot video of what he saw and of his renovations. That got hugely popular on social media, helped him raise money and allowed him to fund his project. It’s all in his book, Ghost Town Living, and in this interview.   Brent Underwood is the founder of Cerro Gordo, an ambitious project aimed at reviving a historic ghost town into a tourist attraction and real estate opportunity. Outside of his entrepreneurial endeavors, Brent has a passion for history, hospitality, and the unique storytelling of the American West, all of which play a central role in his current venture. Sponsored byGusto – The easy payroll and benefits software the Mixergy interviewees love. More interviews -> https://mixergy.com/moreint Rate this interview -> https://mixergy.com/rateint

  2024-04-12 17:00:03 +0000
• #1001 The 1,000 interview celebration
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  On August 4, 2008, I posted a video up on Mixergy where I looked up into the web cam on my computer and I said “I failed.” And I said that I was going to shut down my invitation business and start doing interviews with entrepreneurs and people in general who I admire so I can learn from them and take back what I’ve learned from them to build a more successful company in the future. And I said that along the way you’d get to watch and learn as I learned directly from my heroes. We did it. A thousand interviews later here I am today bringing back some of the most memorable and most influential interviewees. People who helped me both on camera here with you and off. I invited them on to a Google Hangout to talk about the old days, to ask them some new questions and to do short interviews with them all for you. That’s what this is all about. My goal when I started out was to build a successful company. I think Mixergy is that company. But I wanted to be even more successful. My goal is that I started to talk in interviews afterwards evolved into saying that I would like someone who is watching these interviews to learn from them, to use what they’ve learned and then build a successful company so they can come back and do an interview themselves. I am the founder of Mixergy, home of the ambitious upstart. And this is my 1,000th interview. More interviews -> https://mixergy.com/moreint Rate this interview -> https://mixergy.com/rateint

  2014-04-09 13:00:08 +0000