crtypto & forex news

Crypto analyst Captain Faibik has announced that the Bitcoin price is still very much bearish despite the recovery. This comes after the market sentiment shifted as the Bitcoin price began to surge last week and then eventually claimed the $70,000 resistance, turning it into support again. Despite a lot of Bitcoin investors turning bullish off of this, the crypto analyst is still not convinced, believing that the current uptrend us actually only temporary. Why The Bitcoin Price Is Still Bearish Despite Reaching $73,000 Last week, the Bitcoin price surged high, rising more than 5% and reaching $73,000 before meeting resistance. This has naturally led to more positive sentiment after weeks of negative sentiment, bringing a much-needed relief rally to investors who have suffered major losses. Despite this, Captain Faibik does not believe that this calls for celebration and is instead choosing a very conservative stance. As for the current uptrend, the crypto analyst believes it coul...

A pool with 93% utilization and shrinking exit options is one of the more uncomfortable details buried in the growing controversy around World Liberty Financial — the crypto project connected to US President Donald Trump that is now fighting accusations of deception from one of its own biggest backers. Sun Claims His Wallet Was Frozen First Tron founder Justin Sun, who poured more than $100 million into the project across two separate investments, went public on X with a pointed accusation: that WLFI quietly built a backdoor into its smart contract infrastructure — one that lets the team freeze, restrict, or block access to user funds without warning. I have always been an ardent supporter of President Trump and his crypto friendly policy. As an early supporter who invested heavily in World Liberty Financial, I did so because I believed in the vision that was presented to the public: a decentralized finance platform that… — H.E. Justin Sun (@justinsuntron) April 12, 2026 S...

The push to pass crypto legislation in the United States has picked up pace again, this time with rare alignment between policymakers and one of the crypto industry’s most influential voices. A new statement from Brian Armstrong has added new weight to calls for Congress to move the Digital Asset Market Clarity Act, just as pressure is coming from Washington to bring the bill back into focus. Treasury Steps In As Urgency Builds In Washington One of the most consequential voices in American crypto just changed sides. Brian Armstrong, CEO of crypto exchange Coinbase, declared on social media that it is time to pass the Clarity Act, publicly endorsing the Digital Asset Market Clarity Act of 2025 in a post on X, the same legislation he had twice rejected previously. The comment by Armstrong is in response to a forceful Wall Street Journal opinion piece by Treasury Secretary Scott Bessent and is one of the first few signs that the legislative standoff over US crypto market structure ...

Bitcoin’s recent bounce above $70,000 is starting to look like more than a price bounce. An interesting on-chain analysis of on-chain data points to a change in how capital is moving across the market, with money that previously rotated into stablecoins beginning to edge back into Bitcoin.  That change is still small, but it is arriving as BTC recently reached an intraday high of $73,720 and as macro fears tied to the US-Iran conflict are changing. The Defensive Phase Is Starting To Fade Bitcoin’s market structure has been telling a story of restraint for many months. Capital moved to the sidelines, and stablecoins got bigger. Notably, the Bitcoin realized cap, a measure of the aggregate cost basis of all coins in circulation, plunged deep into negative territory, which is a sign that the market had absorbed significant unrealized losses.  This Bitcoin realized cap is the premise of the capital rotation setup, which was shared in a technical analysis by a crypto analyst...

One of the major talking points in the digital assets industry so far this year has been regulation , with the crypto market structure bill in the United States drawing the majority of the attention. The US legislators will be returning to Capitol Hill next week, as they look to pass the bill before the end of the month. Treasury Secretary Calls US Senate Banking Committee To Action Over the past week, individuals and stakeholders from different quarters of the government and private sector have been weighing in on the crypto market structure bill, the CLARITY Act. These conversations have swirled around negotiations over how to treat stablecoin rewards, as the US lawmakers return to Washington DC next week. The bill, which has been on the table of the Senate Banking Committee since January, has been stalled by concerns over ethics, tokenized equities, stablecoin yield, and other crypto-related issues. However, the Senate Banking Committee is expected to reconvene and hold a hearin...

Bitcoin could be gearing up for its next bull phase as a crypto analyst has outlined the timeline for when the BTC price may reach its bottom. Contrary to widespread belief, the analyst does not consider the previous cycle low around $60,000 to be the final bottom . Rather, he expects further downside in the market, forecasting a deeper move toward $41,400. From this projected price floor , the market could reset, potentially giving way to the next bull cycle.   Bitcoin Past Cycle Patterns Signal Next Bottom  A crypto market analyst known as Philarekt on X has predicted the precise timeline and target for Bitcoin’s final cycle bottom. To support his predictions, the expert presented a chart comparing Bitcoin’s past market cycles from 2013 to 2026, showing when each bull run began, when the bear market ended, and how long each phase lasted.  According to Philarekt, Bitcoin’s bull phase usually begins the moment it confirms a final bottom and typically lasts abou...

The Bitcoin price and the general cryptocurrency market received a major boost over the past week, as the geopolitical tensions in the Middle East seemingly reached a temporary halt. The premier cryptocurrency has maintained relatively strong momentum since breaking the psychological $70,000 resistance on Tuesday, April 7. Now, this sudden resurgence has sparked conversations among the crypto crowd on whether the Bitcoin price has formed a structural bottom yet. According to a prominent crypto founder, the world’s largest cryptocurrency might still experience “one final dump” before the end of this bear phase. On-Chain Signal Points To One More BTC Drop In an April 10 post on the X platform, the Alphractal founder and CEO, Joao Wedson, highlighted an emerging signal that suggests that the Bitcoin price still likely has one more trip to the downside. This projection is based on an on-chain insight that suggests that BTC’s price tends to move toward a cycle bottom when the Investor ...