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Coinbase-Backed Zora to Airdrop Token After a Week of Contentious Promotions

Onchain social media platform Zora said its ZORA token will go live on April 23, days after it gained viral traction on X after a push from the Base network team. It outlined two snapshots for the drop in an X post, one covering activity from January …

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Strategy Buys $555M of Bitcoin, Increases Total Stash to 538,200 BTC

Strategy (MSTR) has added 6,556 bitcoin (BTC) to its balance sheet, spending $555.8 million in the process, according to a regulatory filing published on Monday. The purchase was funded using proceeds from the company’s two at-the-market (ATM) stock …

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Bitcoin’s Breakout Signals BTC Potentially Rallying to $90K-$92K: Technical Analysis

This is a daily technical analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole. Bitcoin’s (BTC) recent range play resolved bullishly early Monday, shifting focus to the $90,000-$92,000 range, which was previously a strong …

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Stablecoin Giant Circle Is Launching a New Payments and Remittance Network

Circle, the firm behind the $60 billion USDC stablecoin, is launching a new payments and cross border remittance network on Tuesday — the company’s “next product move” — from its plush New York City headquarters, high on the 87th Floor of One World …

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BNB, SOL, XRP Spike Higher as Bitcoin ‘Digital Gold’ Narrative Makes a Comeback

Surging gold prices and bitcoin’s (BTC) relatively strong price action amid a küresel market sell-off have some traders revisiting the latter’s role as “digital gold” — a big narrative in bitcoin’s early years but one that has lost steam in recent …

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Metaplanet Buys Another 330 BTC as BTC Moves Above $87K

Publicly-listed Metaplanet announced fresh bitcoin (BTC) purchases on Monday as BTC went above $87,300, reversing last week’s loses. Metaplanet picked up 330 BTC bring its overall holdings to 4,855 BTC, worth over $420 million, based on current …

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Over $380M Worth of Crypto Stolen During Bybit’s $1.4B Hack Has Gone Dark

Cryptocurrency exchange Bybit’s CEO Ben Zhou said that 27.95% of the funds lost in the $1.4 billion exploit engineered by the North Korean Lazarus Group have gone dark or become untraceable. “Total hacked funds of USD 1.4bn around 500k ETH. 68 …

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Chart of the Week: ‘Dire Picture’ for BTC Miners as Revenue Flatlines Near Record Low

Hashprice, a key metric used to gauge miner revenue, is currently hovering near a five-year low, according to HashRate Index—a stark reminder of how difficult the mining business has become. In simple terms, the metric is the income miners can …

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XRP Resembles a Compressed Spring Poised for a Significant Price Move as Key Volatility Indicator Mirrors 2024 Patterns

The price action for XRP and bitcoin (BTC) resembles a tightly compressed spring on the verge of uncoiling with a sudden release of energy. That’s the message from a key volatility indicator called Bollinger Bandwidth. Bollinger Bands are volatility …

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Trump’s Official Memecoin Surges Despite Massive $320 Million Unlock in Thin Holiday Trading

TRUMP, the memecoin tied to U.S. President Donald Trump, gained more than 9% in the past 24 hours following a $320 million token unlock. The price now sits around $8.40, still down more than 88% from its peak above $71 on Jan. 18. The recent unlock …

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