Bakkt completes acquisition of stablecoin payments firm Distributed Technologies Research
Bakkt announced the deal in January, which was originally for 9.3 million shares, along with a corporate name change to Bakkt Inc.
Bitcoin risks extended retreat as April rally was futures-driven: CryptoQuant
Futures drove up Bitcoin’s price in April while spot demand declined, which CryptoQuant warned has historically preceded extended price declines.
DeFi protocol Carrot becomes first casualty of $285M Drift exploit
Carrot’s total value locked has collapsed 93% in a month, from $28 million to $1.99 million, leaving the protocol financially unable to continue.
Bitcoiners launch ‘The Bitcoin Evidence Base’ to stamp out FUD
The Bitcoin FUD-stopping tool cites over 22 peer-reviewed research papers to address common misconceptions about Bitcoin.
Bitcoin’s surge to $77K pressures shorts, but absent spot and long leverage caps rallies
Bitcoin bulls took another swing at the $77,000 resistance, but profit-taking and traders’ reluctance to increase margin and spot longs limit the strength of each breakout.
US Senate bans itself from betting on prediction markets
The US Senate unanimously passed a rule banning members and staff from prediction markets, with a similar resolution set to be introduced in the House.
Spot Bitcoin ETF outflows top $490M: Is BTC’s rally losing momentum?
Spot Bitcoin ETF outflows reached $490 million as crypto investors considered the impact of high oil prices, Big Tech earnings and a shortfall in AI industry growth metrics.
Stablecoins overtake Bitcoin in Latin America crypto purchases — Bitso
A Bitso report shows shifting user behavior as dollar-linked stablecoins gain traction for everyday financial use across Latin America’s inflation-hit economies.
Bitcoin’s $75K cost basis emerges as key support zone for current bull trend
Bitcoin found support above a key investor cost-basis level as spot BTC ETF flows and spot positioning compressed BTC’s price range in preparation for the next trending move.
Three reasons why $3K ETH price target is back for May
Despite Ether’s 8% deviation from 10-week highs above $2,460, data suggests that ETH’s price could still rise toward $3,000 as a new month begins.