crtypto & forex news

Bitcoin’s price action has been climbing steadily off its February low around $61,300, but what stands directly ahead is not just another resistance zone. It is a statistical threshold that has held firm through multiple market cycles. According to data, every time Bitcoin has staged a 30% recovery from a cycle low, it has gone on to new highs without revisiting that low. The record is six for six, covering more than 13 years of market history.  The 30% Bitcoin Recovery Rule Bitcoin dropped to a yearly low near $61,300 in early February during a broad market sell-off that spread across both crypto and traditional risk assets. That has been the most recent bottom for this year, and the cryptocurrency has mostly held up above this point despite multiple calls of new bottoms below $50,000 from multiple analysts. A dataset highlighted by market participant Isaiah Douglass has brought attention to Bitcoin’s recovery after this low. The claim is that once Bitcoin recovers 30% from...

Bitcoin was built with many of the qualities typically associated with a safe-haven asset: it is portable, censorship-resistant, and independent of traditional financial systems. In theory, those characteristics make a compelling case for BTC as a refuge in times of instability, particularly in a world facing geopolitical tensions, inflation risks, and growing uncertainty around legacy institutions. How Long It Might Take For Bitcoin To Be Widely Accepted The idea that most Bitcoiners believe Bitcoin is already a full-fledged safe-haven asset misses an important nuance. Crypto analyst Willy Woo has mentioned on X that when an asset is independent of the system and thrives even if the system collapses, there are certain properties that should be expected of a true safe-haven asset. Meanwhile, BTC clearly carries these properties. In extreme scenarios, such as war, a seed phrase can preserve wealth across borders. Despite its characteristics, Bitcoin still tends to trade like a ris...

Iran had already begun collecting crypto payments from ships crossing the Strait of Hormuz when US authorities moved to cut off the money. On Friday, the Treasury Department announced it had frozen over $340 million in cryptocurrency tied to Iranian military and political groups — the same amount stablecoin issuer Tether had quietly locked down just 24 hours earlier. Bitcoin Tolls At A Global Chokepoint Reports say Iran had been charging vessels in Bitcoin for safe passage through the Strait of Hormuz , one of the world’s most critical shipping lanes for oil and other cargo. Reports disclose that Iran had already banked revenue from those crypto tolls. The move came amid an ongoing standoff over the strait, where Iranian forces reportedly attacked three ships and US naval forces established a blockade. US President Donald Trump said this week that the US and Iran had reached a ceasefire agreement. But tensions on the water tell a different story. The attacks on commercial ships an...

Barely a month after its first transaction with BitMine, the Ethereum Foundation has announced another sale of significant amounts of Ether tokens to the digital asset treasury (DAT) company. BitMine Picks Up Additional 10,000 ETH From Ethereum Foundation In an April 24th post on the X platform, the Ethereum Foundation disclosed that it has “finalized the terms” of a 10,000 ETH sale, with BitMine as the counterparty in an over-the-counter (OTC) deal. This OTC transaction was reportedly completed at an average cost of $2,387 (equivalent to nearly $24 million in value). This latest transaction comes a month and 10 days after the Ethereum Foundation sold 5,000 ETH (worth roughly $10.21 million at the time) to the Chairman Tom Lee-led digital asset treasury firm. Similar to the previous sale, proceeds from this transaction will fund the EF’s core operations & activities, including protocol R&D, ecosystem development, community grant funding, and more. As disclosed in the last...

As excitement swirls in the community following the recent upswing in Ethereum’s price, the on-chain narrative of the leading blockchain network is undergoing a deeper, major shift. Activity on the network is currently spiking at a significant rate, reinforcing its position as the backbone for value exchange on-chain. Ethereum’s Core Settlement Layer Status Strengthens With notable activity, the Ethereum network is once again demonstrating its dominance in value exchange on-chain. A recent report shows that Ethereum is rapidly becoming the core settlement layer in the digital economy. This status is being reinforced by the substantial growth in the amount of stablecoin on the network. According to Everstake, a leading global non-custodial staking infrastructure provider, ETH is sending a strong signal through its massive stablecoin activity. Since the beginning of 2026, the stablecoin transfer volume on the network has spiked by over 119.3%, which underscores its capacity to ha...

Charles Hoskinson used his latest livestream to argue that Cardano’s next phase should focus less on abstract decentralization rhetoric and more on fixing a structural weakness he says still defines crypto: the reliance on centralized off-chain infrastructure. In the process, he tied that critique directly to Cardano’s treasury debates around BlockFrost, Midnight, partner chains and the broader direction of the network. Speaking from Wyoming in a late-night broadcast recorded on April 23, Hoskinson framed the discussion around “My First Impressions of Web3,” a January 2022 essay by Signal co-founder Moxie Marlinspike. He described the piece as one of the texts that convinced him to acquire BlockFrost, saying Moxie had identified “the uncomfortable hidden truths” behind the industry’s decentralization claims. Cardano Can Succeed Where Web3 Fell Back Hoskinson spent much of the stream reading and unpacking Marlinspike’s central argument: that users do not want to run their own server...

Bitcoin may have entered a fresh bull market, with some analysts arguing the latest price recovery is part of a broader move higher, while others suggest BTC could still be in a bear market . The shift in sentiment comes as Bitcoin has held firm after rebounding above $70,000 to over $78,000.  Analysts backing this outlook point to improving market structure, a potential bottom , and growing signs that buyers are regaining control. They believe these conditions support the case that Bitcoin could continue rising as momentum builds and confidence returns to the market. Bitcoin Strength Suggests Fresh Bull Market Cycle Bitcoin’s recovery above $60,000 , its lowest price after reaching an ATH in 2025, has strengthened the argument that a new bull market may already be underway. In a direct statement to Sherwood, Ishmael Asad, a research analyst at Bitwise, said that Bitcoin is “clearly now in a bull market phase.” He highlighted BTC’s strength, noting that its ability to rise even ...