Lawyer hopes Hashflare co-founders can ‘self-deport’ after sentencing
A lawyer representing one of the co-founders of crypto mining service Hashflare has addressed how their criminal case may move forward after the pair received “self-deport” letters from the US Department of Homeland Security (DHS). In an April 11 filing in the US District Court for the Western District of Washington, Hashflare co-founders Sergei Potapenko […]
Institutional demand could push BTC past $200k in 2025 — Analysts
Demand from financial institutions could push the price of Bitcoin (BTC) as high as $200,000 per coin in 2025, according to two research reports reviewed by Cointelegraph. Analysts from Standard Chartered and Intellectia AI said institutional Bitcoin demand from exchange-traded funds (ETFs) and traders seeking to hedge against macroeconomic risk could cause Bitcoin’s price to […]
Bitcoin price prepares for ‘70% to 80%’ gain as onchain metrics and spot BTC ETF inflows spike
Bitcoin (BTC) price has been in a persistent downtrend since January, but the April 22 surge past $91,000 marks its first higher high breakout of the year and the potential start of a new longer-term uptrend. Bitcoin 1-day chart. Source: Cointelegraph/TradingView The higher high pattern occurred after BTC moved above its previous lower high and […]
Bitcoin-to-gold ratio risks 35% decline following Wall Street’s $13T wipeout
Bitcoin’s (BTC) value relative to gold (XAU) may be poised for a steep 35% drop as it mirrors historical bear market signals and reacts to massive turbulence that has wiped out $13 trillion from the US stock market. Bitcoin’s breaks below key gold support As of April 22, the BTC/XAU ratio had closed below its […]
Bitcoin traders turn to $93K yearly open as BTC price hits 6-week high
Bitcoin (BTC) hit six-week highs on April 22 as US trade war tensions emboldened crypto bulls. BTC/USD 1-hour chart with 200SMA. Source: Cointelegraph/TradingView Bitcoin lines up resistance flips around $90,000 Data from Cointelegraph Markets Pro and TradingView showed BTC/USD above $91,000 after the Wall Street open — its highest since March 7. Bitcoin and gold […]
Cheaper, faster, riskier — The rise of DeepSeek and its security concerns
Opinion by: Ahmad Shadid, CEO of O.xyz The DeepSeek saga made it abundantly clear that cheaper AI models can offer breakthrough advantages. DeepSeek challenges traditional investments with low-cost, high-performance technology. Yet its rise brings serious risks. The most concerning aspects of such models are data privacy and security issues. The fact that such advanced models […]
Crocodilus malware explained: how it targets android crypto wallets
What is Crocodilus malware? Crocodilus is the latest in a string of Android crypto malware built to steal your cryptoassets. Crocodilus is a sophisticated piece of malware that steals digital assets from Android devices. Named after crocodile references scattered throughout its code, Crocodilus targets Android 13 devices or later. The Android wallet malware utilizes overlays, […]
Bitcoin traders warn BTC price rally may stall at $90K
Bitcoin (BTC) rallied above $89,000 on April 22, its highest level since early March, buoyed by strong spot demand during US trading hours on April 21. The recovery, however, faced a serious challenge in breaking above $90,000 as sell-side liquidity blocked the way. BTC/USD daily chart. Source: Cointelegraph/TradingView Bitcoin price faces stiff resistance on the […]
Unpacking Mantra’s OM crash requires forensic study — CertiK exec
Mantra founder and CEO John Mullin has begun an $80 million burn of OM tokens to regain users’ trust following the token’s crash earlier in April. However, the question of the underlying reasons for the crash remains unanswered, blockchain investigators told Cointelegraph. Unpacking Mantra’s OM crash would require a detailed forensic study rather than just […]
Bitdeer secures $60M to boost Bitcoin ASIC production amid record hashrate
Bitcoin mining firm Bitdeer has secured a $60 million loan to ramp up its Bitcoin ASIC manufacturing efforts as global mining competition intensifies amid record-breaking network hashrates. According to its annual report, Bitdeer entered a loan agreement in April with affiliate firm Matrixport, a crypto financial services company founded by Bitdeer chairman Jihan Wu. The […]