Author: James Wilson

United States President Donald Trump has again warned that the U.S. army will target Iran’s infrastructure next if Tehran doesn’t comply by April 7. Summary Trump warned of strikes on Iran’s power plants and infrastructure if the Strait of Hormuz is not reopened by the latest deadline. Iran rejected the ultimatum and said it would respond in kind to any attack on its infrastructure. After attacking Iran’s Ghadir Bridge last week, the U.S. president on Sunday said that further attacks would target power plants across Iran unless the Strait of Hormuz is reopened. “Tuesday will be Power Plant Day, and…

Bitcoin (BTC) traded near $67,000 over the weekend after a week of sharp swings. The broader crypto market also stayed steady, while Pi Network’s PI token held above $0.17 after days of losses. Summary Bitcoin traded around $67,000 as weekend volatility faded and the broader crypto market stayed subdued. Pi Network’s PI token stabilized above $0.17 after recent losses, ending its sharp downward trend. VeChain climbed 9% daily while HASH dropped 10%, marking the strongest altcoin moves reported today. Bitcoin showed limited movement over the past 24 hours and remained close to the $67,000 level. Its price action followed a…

Crypto markets are facing renewed pressure as the number of tokens keeps rising faster than the value those assets create.  Summary Most crypto tokens trade far below prior highs as supply keeps rising across markets. New token launches keep growing, while value creation fails to support broader market pricing today. Investor demand is shifting toward crypto stocks as many token launches lose value quickly. Market participants are now questioning whether token launches, supply schedules, and value capture models still support long-term investor interest across the wider sector. Michael Ippolito, co-founder of Blockworks, said the crypto industry now faces an “existential”…

Drift Protocol said the April 1 attack on its platform followed months of planning and social engineering.  Summary Drift said attackers spent six months building trust before using malicious tools to breach contributor devices. The exchange linked the exploit with medium-high confidence to actors behind Radiant Capital’s October 2024 hack. Drift said repeated in-person contact at crypto events helped attackers study contributors and gain access. The decentralized exchange linked the case to a group that spent time building trust with contributors before sending malicious tools and links. External estimates put the loss at about $280 million. Drift Protocol said its…

Satoshi Nakamoto’s listed birthday has again drawn attention across the crypto market on April 5.  Summary Satoshi Nakamoto’s profile lists April 5, 1975, making Bitcoin’s founder 51 years old on Sunday. April 5 may be symbolic because it matches Executive Order 6102 and gold ownership history. Satoshi’s final known public forum post came in 2010, followed by last messages in 2011. The date comes from the Bitcoin creator’s profile on the P2P Foundation and remains one of the few public details tied to the pseudonymous founder. The Bitcoin community marked April 5 as the birthday linked to Satoshi Nakamoto. The…

Bitcoin (BTC) traded near $66,749 at press time, while market activity stayed muted across major digital assets.  Summary Bitcoin traded near $66,749 as low volatility and weak liquidity kept traders watching for moves. Analyst Michaël van de Poppe said Bitcoin may sweep liquidity before a fast recovery upward. EGRAG CRYPTO said past Bitcoin cycle bottoms often reached the 1.618 Fibonacci zone before rebounding. The asset was down slightly in the past 24 hours, while seven-day gains stood at 0.81%. Daily trading volume reached $19.67 billion. That price action came during a period of weak movement in the market. Analysts tracked…

Bitcoin is showing mixed signals as on-chain data points in two different directions.  Summary CryptoQuant said record Bitcoin inflows to accumulation addresses showed whales were quietly building positions daily. XWIN Research Japan said STH-SOPR near one showed short-term holders were selling at losses. Negative Coinbase Premium showed weak US demand, keeping Bitcoin bottom confirmation out of reach now. CryptoQuant analyst CW8900 said Bitcoin inflows to accumulation addresses are setting new records each day. The analyst said a large amount of BTC is moving into these wallets even as the market trades in a sideways range. According to CW8900, whale activity…

XRP fell to fifth in crypto market cap rankings as BNB moved ahead, with weekly ETF outflows and a seven-month slide weighing on price now. Source link

Bitcoin drew mixed public views after new comments from market observers focused on long-term performance and price structure.  Summary Adam Livingston said Bitcoin trades 0.94 sigma below center as price structure tightens around power law. Livingston said Bitcoin’s historical trading range compressed sharply, with crashes and blowoff tops becoming less extreme. Peter Schiff said Bitcoin gained 12% in five years, trailing stocks, gold, and silver. Adam Livingston said Bitcoin’s recent price action shows a more stable pattern. In a post on X, he wrote that the asset’s oscillations are “dampening” and that the “funnel is closing.” He said this pattern…

Peter Schiff has renewed his criticism of Bitcoin by questioning its long-term value as an investment.  Summary Peter Schiff: Bitcoin gained 12% in five years, trailing gold, silver, Nasdaq, and S&P 500. Michael Saylor said Bitcoin has outperformed assets since August 2020, arguing time frame changes comparisons. Santiment data showed Bitcoin bearish sentiment reached late-February highs, with ratio at 0.81 in comments. In a post on X, he compared Bitcoin’s five-year return with gains in the Nasdaq, S&P 500, gold, and silver. His remarks framed the debate around whether Bitcoin still offers a stronger long-term case than traditional assets. Peter…