Author: coinadrenaline

Crypto stocks have surged as part of a broader recovery in the US stock market on April 9 following President Donald Trump’s 90-day pause on sweeping global tariffs.The Wednesday, April 9 trading day closed with Michael Saylor’s Strategy up 24.76% to $296.86, while crypto exchange Coinbase (COIN) closed up 17% to $177.09, according to Google Finance data.Crypto mining companies also saw gains, with MARA Holdings (MARA) up 17%, Cipher Platforms (CIFR) up 16.59%, and Riot Platforms (RIOT) rising 12.77%.Michael Saylor’s Strategy, formerly known as MicroStrategy, surged 24.76% during the trading day. Source: Google FinanceMost of the gains in crypto stocks…

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. An Ethereum whale has dumped its ETH holdings after holding them for over two years, even through a bull market. This capitulation from the ETH whale suggests it might be a good time to offload the leading altcoin, with…

The crypto market has gone through another shockwave recently as the bearish momentum has further deepened. As per the data from Lookonchain, crypto whales are dumping Solana ($SOL) as the bulls have witnessed another hit. The popular on-chain analytics platform disclosed this downturn in its recent X post. Whales Aggressively Offload $SOL, Increasing Fear Across Market Based on the latest market data, the crypto sector went through a severe plunge last night with Bitcoin ($BTC) seeing considerable value decrease. In this respect, Bitcoin’s price dipped to $76,000 overnight. In the mean time, SOL fell as low as $101.49. This marks…

Bitcoin is continuing to face downward pressure in the market, with the cryptocurrency falling below $80,000 on Sunday for the first time since last year. Despite a 4.1% recovery in the past 24 hours bringing it back to $79,825, Bitcoin remains down 26% from its all-time high of over $109,000 recorded in January 2025. Market sentiment remains mixed, as investors weigh on-chain data, short-term volatility, and the broader macroeconomic environment. Bitcoin Open Interest Reflects Cautious Sentiment Bitcoin’s open interest metric has revealed cautious behavior among leveraged traders. CryptoQuant analyst Maartunn reported a 17.8% drop in Bitcoin open interest over the…

The first XRP exchange-traded fund (ETF) in the US recorded a “terrific response” on its opening day, according to Teucrium CEO Sal Gilbertie. Speaking on the Crypto Prime podcast, Gilbertie called the debut Teucrium’s most successful ETF launch to date in terms of first-day activity.The New York Stock Exchange (NYSE) has approved listing a new exchange-traded fund tied to XRP. The Teucrium 2x Long Daily XRP ETF (XXRP) launched on April 8 and is designed to deliver twice the daily performance of XRP through swap contracts. Gilbertie said the fund’s registration went largely unnoticed initially, as it was the only XRP ETF…

Blockchain-based payments network Ripple announced it has acquired crypto-friendly prime broker Hidden Road in one of the largest mergers in the cryptocurrency industry to date.Ripple is acquiring Hidden Road in a $1.25 billion deal, the company officially announced on April 8.The deal will make Ripple the first crypto firm to own and operate a global, multi-asset prime broker. According to the company’s April 8 announcement, the acquisition is expected to position Ripple as the world’s largest non-bank prime broker, with Hidden Road currently clearing more than $3 trillion across more than 300 institutions.The acquisition also aims to reinforce the position…

Last month, the Treasury lifted sanctions on Tornado Cash. In response, many rekindled their calls for the Trump administration to drop the charges against Keonne Rodriguez and William Lonergan Hill, the developers of Samourai Wallet who are currently being prosecuted in the Southern District of New York. What many appear to have missed is that the Treasury’s sanctions reversal for Tornado Cash also revealed the Treasury’s stance on privacy services. And it isn’t looking good. Tornado Cash’s removal from OFAC’s SDN list followed a lawsuit by Tornado Cash users in a Texas District Court case that has become known as…

Over the last weeks, we have been closely monitoring the security and safety in Istanbul. In particular, we have been focused on how events in Israel and the Gaza Strip may impact attendee safety. We try to assess risk whenever we host an event. In the case of Devconnect Istanbul, we have consulted with our event organizer partners, local community members, and monitored government warnings that affect our community or the region. We recently took an additional step of working with external risk advisory services to consider where and how we may need to make changes to reflect conditions regionally.…

Solana defied the crypto market doldrums and surged by more than 5% on Friday after the retail payment giants PayPal and Venmo rolled out support for SOL. PayPal announced on Friday that users of both payment platforms could now buy, sell, hold and transfer SOL and LINK, the native asset for the decentralized oracle platform Chainlink. LINK jumped by more than 1% on Friday and is trading at $13.00 at time of writing. Meanwhile, SOL rose from $117.15 to a high of $124 before closing the trading day at $122.78. By comparison, the overall crypto market cap dipped by nearly…

Bitcoin’s price has fallen below $75,000, reaching an intraday low of $74,637 as of 2:47 AM EST. This decline marks a significant drop of over 12% today and reflects ongoing economic anxiety amid a broader downturn in financial markets. The cryptocurrency’s recent price movement appears to be closely aligned with volatility in traditional markets, including […]