Author: coinadrenaline
Bitcoin prices gained by only 0.95% in the past week amidst an intense market consolidation. The premier cryptocurrency is struggling to break out of the $85,000-$86,000 price range following an impressive price rally in the second week of April. However, popular crypto analyst Ali Martinez has identified the major price resistance for the current Bitcoin uptrend. Bitcoin STH Realized Price At $91,000 Presents Major Make-Or-Break Moment In a recent post on X, Martinez states that Bitcoin faces a key resistance level at the $91,275 following a price rebound in early April. Notably, the asset surged by 17.33% after reaching a price…
Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms of storing, and transferring value. He is a staunch advocate for the adoption of cryptocurrency as he believes it can improve the digitalization and transparency of the existing financial systems. In two years of active crypto writing, Semilore has covered multiple aspects of the digital…
A compromised admin account connected to ZKsync’s airdrop contracts executed a transaction that minted approximately $5 million worth of ZK tokens, stealing the remaining unclaimed allocation from the network’s first token distribution. The attacker exploited a function to claim the tokens on April 15 and issued around 111 million ZK tokens, equivalent to roughly 0.45% of the protocol’s total token supply.According to statements shared by ZKsync on X, the exploit was confined to the airdrop distribution contracts. It did not affect the ZKsync protocol, the ZK token contract, governance infrastructure, or any capped minters associated with the Token Program. The protocol emphasized…
Financial educator, author of Rich Dad, Poor Dad, and investor Robert Kiyosaki recently forecasted a $1 million Bitcoin (BTC) price by 2035 as the US dollar continues to lose value to inflationary monetary policies.”I strongly believe, by 2035, that one Bitcoin will be over $ 1 million, Gold will be $30,000, and silver $3,000 a coin,” Kiyosaki wrote in an April 18 X post.Kiyosaki, a self-described gold bug, has long argued that bearer assets like gold, silver, and more recently Bitcoin, are critical hedges against inflation and key to long-term generational wealth accumulation through economic cycles.United States M2 money supply…
Last week, Deputy Attorney General (DAG) Todd Blanche sent a memo to employees of the Department of Justice, directing the agency to stop prosecuting mixers, exchanges, and “offline wallets” for the criminal conduct of their users. Understandably, the community broke out in celebration. Privacy is now legal again! Some proclaimed. #FreeSamourai! Others demanded. DOJ ends “regulation by prosecution”, media outlets headlined, referring to the memo’s title, as companies who had previously left the US due to regulatory uncertainty announced plans to return. This will change everything, appeared to be the general tenor. But does the DAG’s memo actually change anything?…
Greetings, Ethereum builders and enthusiasts! We’re thrilled to announce that ticket sales for the Devconnect Cowork in Istanbul are now open! 🥳 You can get your tickets here,and also see that our website got a fresh new makeover! 💅 Come back here right after you snagged your ticket, to learn more about the Devconnect Cowork, planning your trip to Istanbul, and what to expect from the Devconnect schedule. The Legendary Devconnect Cowork 💻🦄 The concept of Devconnect works only because of the independent teams that organize events during Devconnect week. One thing we (the Devconnect team) are aiming to do…
TD Sequential sell signal appears as Raydium tests the $2.30 resistance level. Long liquidation clusters form below $2.16, raising the risk of a deeper correction. Raydium [RAY] has recorded an impressive recovery since its consolidation phase in March, climbing over 60% as bullish momentum returned to the altcoin market. In fact, a TD Sequential sell signal has now surfaced on the daily chart—often a red flag that suggests trend exhaustion may be near. The token is approaching a critical resistance zone near $2.30, where prior rejections have occurred. With market participants eyeing this region closely, the next few sessions could…
Peter Schiff warns the U.S. economy is unraveling fast, with soaring debt, rising inflation, and systemic banking risks pointing to a recession worse than the Great Depression. Peter Schiff Warns US Headed for Recession Deeper Than the Great Depression Economist and gold advocate Peter Schiff issued a dire warning on April 18 during an interview […]
While Ethereum has bounced back above the $1,600 level, several altcoins are surging with ALEO and GMT leading the charge. ALEO has risen 26.2% in the last 24 hours, trading at $0.2498 from a low of $0.1949. Data also shows that the token is up 70% over the past seven days. Despite the strong price movement, there haven’t been any major project announcements or developments that clearly explain the surge. Some market observers have pointed to external factors that might drive interest in the token. ALEO 24H price chart One X user suggested: “ALEO is pumping hard right now, suspect…
Today, the broader crypto market experienced a mild recovery. Over the past 24 hours, its market valuation rose by 0.85% to $2.69 trillion. However, its transaction volume decreased by 26.03% to $44.5 billion. Meanwhile, the fear and greed index dropped to 32, meaning there is still fear in the market. Liquidations in the market Despite recovery efforts, the market is still struggling due to recession fears and ongoing tariff concerns. Today, Ethereum witnessed the largest liquidation in the crypto market, with $15.75 million positions liquidated in the last 24 hours. It was followed by Solana, which experienced $15.07 million in…