The cryptocurrency world is buzzing after the RAVE token exploded from $0.30 to nearly $10 in just three days—a staggering 3,300% rally that turned heads and wallets alike. But according to on-chain sleuths at the Evening Trader Group, this wasn’t organic hype. It was a meticulously orchestrated scheme targeting short sellers, with clear wallet trails …
Crypto exchange Kraken says it's being extorted over stolen customer data, but won't yield to the criminals or negotiate.
Ethereum may be closer to a major turning point than it appears, as key technical signals begin to align. Despite recent weakness, the emergence of a death cross, often seen near the end of downtrends, suggests the market could be approaching its final phase of capitulation. With historical patterns pointing to a nearing bottom, attention is shifting from fear to opportunity. Worst-Case Scenario: Final Phase Of The Bottoming Process In outlining a worst-case scenario for Ethereum, crypto analyst Sykodelic explained that if the market has not yet fully bottomed, it is likely in the final 2%–3% of the overall bottoming process. Such a narrow margin suggests that while some downside risk may remain, the majority of the correction has already played out, placing price action near a potential exhaustion point. Related Reading: Analyst Shares ‘Realistic’ Ethereum Price Targets For The Next 3 Years Historical behavior tied to the Death Cross on the 3-day chart further supports this perspective. In past cycles, Ethereum has either bottomed right at the moment of the death cross or very shortly afterward. Only one instance deviated slightly, with the market taking additional time before forming a final low. A death cross occurs when the 50-day moving average crosses below the 200-day moving average, indicating a market that is deeply compressed and overextended. While often interpreted as a bearish signal, in many cases, it marks the late stages of a downtrend, where selling pressure begins to fade, and long-term buyers gradually step in. If Ethereum follows this historical pattern under a worst-case scenario, the final bottom could emerge roughly 54 days after the death cross, placing the projected timing around April 28. Expecting a significantly longer bottoming phase would be inconsistent with past cycles and may be unlikely, especially considering that the current market expansion has been relatively weak. With downside likely limited and the bottoming phase nearing completion, the focus increasingly shifts toward strategic accumulation rather than panic selling. ETH Struggles Below Key $2,300 Resistance Zone According to Chad, Ethereum is still not ready to break above the upper daily Bollinger Band and the key horizontal resistance zone around $2,300. Price continues to struggle in this region, showing repeated signs of rejection, which suggests that bullish momentum remains insufficient for a sustained breakout. Related Reading: Ethereum Mirrors A 2023 Setup As Buyers Take Control Of Derivatives On Binance So far, market structure is unfolding as expected, with key levels being respected on both sides. The inability to reclaim the $2,300 zone reinforces the idea that ETH is still in a consolidation phase. Attention now shifts to the downside, where a crucial confluence area sits around $2,150. This level combines a strong horizontal support zone with the 20-day SMA, making it a key level to watch. A breakdown below this region could open the door for further downside, while a successful hold may signal stability and set the stage for another attempt at higher levels. Featured image from iStock, chart from Tradingview.com
The CLARITY Act, a major U.S. crypto regulation bill, is now facing a do-or-die moment. Senator Bill Hagerty confirmed the bill will enter the Senate Banking Committee this week. If it doesn’t get a vote by the end of April, the biggest crypto legal framework will die without ever reaching a full Senate floor vote. …
Circle CEO Jeremy Allaire says USDC freezes require legal orders, defending the firms response to criticism after the Drift exploit.
The post Circle CEO defends USDC freeze policy as criticism grows after Drift exploit appeared first on Crypto Briefing.
Hamas's strategic shift from resistance to governance signals potential for larger conflicts in the region.
The post Ari Flanzraich: Understanding the October 7 attack requires a timeline of Hamas’s rise, internal Israeli threats signal political shifts, and media critiques reveal gaps in analysis | Tucker Carlson appeared first on Crypto Briefing.
Claude Mythos could be a potentially massive cybersecurity threat, according to early testing from the UK’s AI Safety Institute.
Three years after his Horizon Worlds avatar became a global meme, Zuckerberg is back at the avatar game, this time with a realistic AI clone.
Private credit has crossed into a dangerous phase. After rumblings last month, the pressure point is no longer confined to underwriting quality, isolated borrower stress, or a few awkward redemption notices buried in fund updates. The market is now dealing with something more consequential: a live collision between illiquid assets, semi-liquid fund structures, and investors […]
The post Wall Street private credit crisis looms as $20B exit wave triggers fresh withdrawal limits threatening Bitcoin liquidity appeared first on CryptoSlate.
The collaboration aims to bring regulated custody and staking for JitoSOL to South Korea as institutions prepare for new crypto rules.
The attackers obtained videos showing Kraken support staff accessing internal client support systems and limited client data.
Kraken says insider related incidents exposed client support data tied to 2,000 accounts, but no funds were at risk.
The post Kraken says insider related incidents affected 2,000 client accounts, but no funds were at risk appeared first on Crypto Briefing.
The latest crypto view from the securities agency concludes software that clears the way for securities transactions with individual wallets won't trip regulations.
The Fellowship PAC reported spending $300,000 on advertising for a Republican running to represent Georgia's 14th Congressional District in 2026.
Bitcoin rallied to $72,500 as US stocks reacted to US efforts to blockade the Strait of Hormuz. Despite the rebound, BTC traders warned that a price correction remains a risk.
Crypto analyst Crypflow has explained what the Bitcoin relief rally above $71,000 means for the leading crypto and hinted that BTC could still drop lower. This came as the analyst alluded to the previous bear markets and how recent rallies are mirroring price action in past cycles. Analyst Warns Relief Rallies Are Getting Weaker Amid Bitcoin’s Rally Above $71,000 In an X post, Crypflow stated that Bitcoin relief rallies are weakening and that every bear market has them. He noted that during the 2014 bear market, BTC saw relief rallies of up to 100% while in 2018, it saw rallies of between 50% and 90%. These relief rallies weakened during the 2022 bear market, as Bitcoin saw relief rallies of only up to 45%. Related Reading: Bitcoin Flashes ‘Dangerous’ Macro Fractal – What To Expect For Price The Bitcoin relief rallies in this cycle have again weakened, with the largest rally so far 26%. Crypflow noted that each cycle, these relief rallies lose strength, but that doesn’t mean that BTC can’t go higher in the short term. However, he warned that there is still significant resistance above, suggesting the leading crypto could drop further before it finds a bottom. Bitcoin recently rallied above $73,000 as the U.S.-Iran peace talks took place over the weekend. However, the leading crypto has since retraced to around $71,000 as peace talks between the U.S. and Iran broke down. Trump also announced that the U.S. will impose a blockade in the Strait of Hormuz following the failed peace talks. Meanwhile, crypto analyst Benjamin Cowen stated in an X post that Bitcoin will very likely remain in a bear market, despite short-term countertrend rallies. He added that the hardest part of mid-term years is just not believing in every single rally. A Large Downside Move In The Coming Weeks Crypto analyst Doctor Profit stated that he expects a large downside move in the coming weeks and that it should not take much longer, as the move is very close. The analyst added that he also expects a large trap for bulls, which market makers will use to push Bitcoin lower into the $50,000 range and even further afterward. Related Reading: Higher Before Lower: How Bitcoin Price Will Get To $240,000 Doctor Profit declared that Bitcoin has not bottomed out and that the only question is how high the relief rally will be before it continues its downward momentum. He stated that the probability of a relief rally to $76,000 before rejection is extremely high. Meanwhile, the probability of a rally to between $79,000 and $84,000 is medium. The analyst also predicted a massive crash for the S&P 500 within the next two months. At the time of writing, the Bitcoin price is trading at around $71,000, down in the last 24 hours, according to data from CoinMarketCap. Featured image from Pixabay, chart from Tradingview.com
The U.S. Securities and Exchange Commission (SEC) issued guidance on Monday allowing certain decentralized finance (DeFi) user interfaces, including wallet apps and browser extensions, to operate without registering as broker-dealers when facilitating trades in crypto asset securities, provided they meet strict conditions. The Division of Trading and Markets’ staff statement targets “Covered User Interfaces” — …
The firm said a criminal group is attempting to extort it over limited insider-related data access incidents affecting about 2,000 accounts. Kraken says it will not pay and is working with law enforcement.
Stablecoins' perceived safety challenges traditional banking, but DeFi's infrastructure gaps pose significant risks.
The post Adrian Cachinero Vasiljevic: Stablecoins are safer and more efficient than banks, DeFi lending rates are aligning with traditional finance, and crypto guarantees ensure transaction integrity | Empire appeared first on Crypto Briefing.
Ethereum price has pushed back above the $2,200 level, reclaiming a key psychological zone after weeks of uneven price action. On the surface, the ETH price looks constructive as the buyers are stepping in, and momentum appears to be stabilizing, but the structure behind this recovery is far from clear. Price is now sitting within …
Aave's grant approval boosts development potential but highlights governance risks, as dissent and delegate exits could challenge decentralization.
The post Aave DAO approves $25M stablecoin grant to boost ecosystem growth appeared first on Crypto Briefing.
Shares of Coinbase stock remain roughly 60% below their July 2025 peak of $445, even after a rebound in March.
Circle defends its hands-off approach to freezing funds as critics point to hundreds of millions in losses tied to delayed action.
A new study from the American Bankers Association says the White House economists went after the wrong premise in their recent look at the issue.
Hyperbridge, a decentralized bridge connecting the Polkadot ecosystem to the Ethereum network, suffered a major security breach that allowed an attacker to mint 1 billion unauthorized DOT tokens. However, the hacker’s potential multimillion-dollar payday was drastically cut short to around $240,000 as there simply was not enough liquidity to cash out the fabricated assets. While […]
The post Polkadot Hyperbridge April Fools’ joke comes true as over 1 Billion fake DOT tokens were minted on Ethereum appeared first on CryptoSlate.
Ondo Finance has filed a no-action request with the US Securities and Exchange Commission seeking confirmation that recording securities entitlements on Ethereum Mainnet will not trigger enforcement action – a filing that arrives less than five months after the SEC closed a two-year investigation into the company without charges. The request marks a significant shift …
Ice Open Network announced on Sunday that it is not shutting down, reversing course days after its CEO suggested the project might close if community confidence did not return. “We stay. We build. We win,” the project posted on X. “We’re restructuring the company from the ground up. Cutting waste. Dropping distractions. Doubling down on …
Building a crypto product in 2026 means dealing with data from dozens of blockchains, hundreds of exchanges, and thousands of tokens. Most teams do not have the time or the resources to index all of that themselves. That is where crypto APIs come in. Whether you are building a portfolio tracker, a trading bot, an …
Bitcoin price may be showing signs of holding steady, but that alone does not confirm a bottom is in place. A recent post by crypto analyst @CryptoTice_ argues that the current market phase does not yet meet the conditions historically associated with a true Bitcoin price bottom. Instead of focusing on short-term stability, he points to what investors should actually be watching before calling the cycle complete. BTC Price Cycles Suggest A Later Bottom Formation One of the clearest signals highlighted by the analyst is timing within Bitcoin’s well-known four-year cycle. The chart he shared alongside his analysis compares previous cycles following the 2012, 2016, 2020, and 2024 halvings, revealing a consistent structure. In each case, a Bitcoin price bottomed after extended declines and a period of consolidation. Related Reading: XRP Whales Are Rapidly Buying While Retail Is Panicking, Do They Know Something You Don’t? In the current cycle, a key region is identified between roughly 800 and 950 days after the halving, marking the stage where previous cycles began to approach their final lows. This portion of the chart is further reinforced by a vertical marker that aligns this phase more closely with the last quarter of 2026. This timing is significant because it challenges the growing belief that a bottom could form earlier in the year. Historically, there is no clear precedent for a Q1, Q2, or Q3 bottom within this cycle structure. Instead, past patterns consistently show prolonged declines followed by a delayed period of stabilization before the market fully bottoms out. What this means in practical terms is simple: if the cycle remains consistent, the market is still too early. The timing alone suggests that the process of forming a true bottom has not yet fully played out. What To Watch Before Calling The Bottom Timing is only part of the picture. The second, and equally important factor, is market behavior. According to the analysis, bottoms are also defined by how participants react as the market declines. A recurring pattern can be observed across cycles. Price tends to fall first, followed by narratives that attempt to explain the drop. After that comes capitulation, where confidence fades, and weaker participants exit. Only then does a lasting bottom take shape. Related Reading: 2018 Footage Of Ripple CEO Saying They’re Taking Over SWIFT Resurfaces, But How Have They Fared Since Then? Right now, that final phase does not appear to be complete. Market sentiment still shows signs of confidence, with participants buying aggressively and expecting a near-term recovery. This behavior often indicates that the market has not yet reached its lowest point. For investors, the takeaway is clear: rather than focusing solely on whether the price has stopped falling, attention should shift to signs of exhaustion such as declining confidence, rising volatility, and a broader sense of capitulation. Until these conditions align with the later stage of the cycle, the likelihood that the market has already formed a bottom remains low. Ultimately, identifying a Bitcoin price bottom requires alignment between timing and sentiment. Based on both historical patterns and current behavior, those signals are not yet fully in place. Featured image created with Dall.E, chart from Tradingview.com
US markets have opened Monday with Bitcoin trading at $70,925.76, down 0.78% over the last 24 hours, as traders digest President Trump’s order for a naval blockade of the Strait of Hormuz following the collapse of US-Iran peace talks over the weekend. The Iran war escalation sets a volatile backdrop for what is already a …