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18 minutes ago

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OKX Launches MiFID-Regulated Crypto Derivatives X-Perps in EEA

OKX has launched its MiFID-regulated crypto derivatives product, X-Perps, in the European Economic Area (EEA). The product offers a five-year term with up to 10x leverage, catering to both retail and institutional traders. X-Perps operates on a unified account system, supporting multi-asset and multi-currency margin, and uses a funding rate mechanism to align derivative prices with the spot market. The initial trading pairs available include BTC, ETH, ADA, DOGE, PEPE, LTC, PUMP, SOL, XRP, and SUI. This launch marks a significant step for OKX in expanding its offerings within the regulated European market.

ADA -1.06% BTC -0.49% DOGE -1.34% ETH -2.04% LTC -0.14%
24 minutes ago

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Bitcoin's Negative Funding Rate Persists, Signaling Potential Price Breakout

Bitcoin's 30-day average funding rate has remained negative for 46 consecutive days, mirroring the duration seen during the 2022 bear market bottom, according to K33. This trend, coupled with rising open interest and upward price movement, is increasing pressure on short positions, potentially leading to a short squeeze and price breakout. K33's research director, Vetle Lunde, noted that the current combination of negative funding rates, rising open interest, and price increases typically occurs at consolidation bottoms, suggesting Bitcoin may break out of its 68-day consolidation range and reach higher levels.

BTC -0.49%
38 minutes ago

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Trump Predicts Interest Rate Cuts with Kevin Warsh as Fed Chair

President Trump has announced that he expects interest rates to decrease once Kevin Warsh assumes the role of Federal Reserve Chair. This statement comes amid ongoing discussions about potential changes in the Federal Reserve's leadership and monetary policy direction. Warsh, a former Federal Reserve governor, is considered a candidate for the position, which could signal a shift towards more accommodative monetary policies.
40 minutes ago

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Bitcoin Climbs to $74,000 Amid Short Squeeze, Options Market Remains Cautious

Bitcoin has surged to approximately $74,000, driven by a rebound in risk assets and a short squeeze, according to QCP analysis. The cryptocurrency's spot price continues to rise despite negative funding rates and weakening open interest, indicating ongoing pressure from short sellers. However, the options market has not confirmed a breakout, with at-the-money implied volatility around 40% and a low IV rank. The one-month volatility remains below the three-month level, and the 30-day 25-delta risk reversal shows stronger demand for downside protection than for upside bets. This suggests the current rally is more of a spot-driven relief rebound rather than an increase in risk appetite driven by options activity.
56 minutes ago

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Binance's CZ Claims Biden Administration Targets Him Due to Market Dominance and Ethnicity

Binance CEO Changpeng Zhao (CZ) stated in an April 14 interview with Fox Business that he believes the Biden administration is targeting him as a cautionary example due to Binance's market dominance and his Chinese ethnicity. CZ highlighted the administration's aggressive stance against cryptocurrencies, with the SEC frequently suing crypto firms, creating a hostile regulatory environment. He suggested that Binance's position as the largest industry player and its non-U.S. headquarters, along with his ethnicity, make him a focal point for these actions. Additionally, CZ addressed speculation regarding potential commercial interests behind any pardon from Trump, firmly denying any business connections with Trump or his family, including investments, partnerships, or cross-shareholdings.
57 minutes ago

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LONGITUDE Paris Event to Feature Key Web3 and Digital Asset Leaders

The LONGITUDE Paris event, hosted by Cointelegraph and OKX, is set to commence in a few hours, bringing together prominent figures in the finance, digital assets, and Web3 sectors. The exclusive gathering will feature speakers such as Adam Back, CEO of Blockstream, Mike Reed, Senior Vice President at FTDA US, and Erald Ghoos, Europe CEO of OKX. Other notable participants include Christian Rau from Mastercard, Peter Houlgrave of WalletConnect, and Frederik Gregaard from Cardano Foundation. The event aims to foster discussions on the future of finance and digital innovation, with contributions from leaders like Darko Hajdukovic of LSEG, Solomon Tesfaye from Aptos, and Matthew Ismail from the Ethereum Foundation. The conference promises to be a significant platform for dialogue on strategic initiatives and advancements in the blockchain and cryptocurrency landscape.
1 hour ago

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Bitcoin Developers Propose BIP-361 to Freeze Satoshi-Era Coins Against Quantum Threats

Bitcoin developers have introduced BIP-361, a proposal aimed at freezing 6.9 million Satoshi-era coins to protect against potential quantum computer threats. The plan, led by Jameson Lopp and others, suggests a three-phase upgrade that could render un-migrated Bitcoin permanently unspendable after a set deadline. This proposal has sparked debate within the Bitcoin community, with supporters advocating for enhanced security and critics arguing it violates Bitcoin's core principle of user ownership rights. The BIP-361 proposal builds on the earlier BIP-360, introducing a safer address type called Pay-to-Merkle-Root (P2MR). The upgrade aims to prevent future quantum machines from compromising Bitcoin's security. Developers describe it as a soft upgrade that enhances safety without altering Bitcoin's current functionality. However, the community remains divided, with concerns that freezing coins could set a precedent for future control over Bitcoin holdings.
1 hour ago

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IMF Warns Global Debt Could Hit 100% of GDP by 2029, Highlighting Bitcoin's Potential

The International Monetary Fund (IMF) has issued a warning that global public debt could reach 100% of GDP by 2029, driven by rising debt levels in major economies like China and the U.S. This scenario could lead to increased scrutiny of fiscal solvency and higher bond yields, potentially positioning Bitcoin as a favorable alternative asset. Bitcoin, known for its decentralized nature and independence from traditional financial systems, may attract investors seeking refuge from fiscal instability. Historical precedents, such as the Cyprus banking crisis and recent U.S. banking turmoil, have shown Bitcoin's potential as a safe haven during financial stress. However, rising bond yields could also pose a challenge by increasing the opportunity cost of holding Bitcoin compared to fixed-income investments.
1 hour ago

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Bhutan Government Transfers 250 Bitcoin Worth $18.46M for Sale

The Royal Government of Bhutan has transferred 250 Bitcoin, valued at approximately $18.46 million, to a cryptocurrency exchange for sale. This move marks a significant transaction by the Bhutanese government, reflecting its engagement in the digital asset market. The transfer comes amid fluctuating market conditions, highlighting the government's strategic approach to managing its cryptocurrency holdings.
1 hour ago

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Pakistan Central Bank Ends Seven-Year Ban on Crypto Banking

Pakistan's central bank has lifted a seven-year ban on banking access for cryptocurrency firms, allowing banks to open accounts for virtual asset service providers licensed under the PVARA framework. This decision, effective immediately, marks a significant shift in the country's approach to digital assets, potentially boosting the local crypto industry by facilitating easier financial operations for licensed entities.
1 hour ago

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Bio Protocol (BIO) Jumps 30% Amid Bullish Technical Indicators

Bio Protocol (BIO) has surged 30%, defying broader market trends as Bitcoin and Ethereum experience slight declines. This rally has pushed BIO's market capitalization beyond $51 million, positioning the token at a critical technical juncture. On the 4-hour chart, BIO is forming a broadening wedge bottom, a bullish reversal pattern, suggesting potential for further gains. Currently, BIO is approaching a key resistance level near $0.026. A successful breakout could propel the token to a target of $0.0361, indicating a potential 45% upside. However, if BIO faces resistance, a short-term pullback may occur, though the bullish outlook remains intact as long as higher lows are maintained. Traders are closely monitoring BIO's performance amid its strong momentum and technical setup.
1 hour ago

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Whale Opens 40x Leveraged BTC Short, Targets $73,450 for Profit

A whale address, identified as starting with 0x931, has initiated a 40x leveraged Bitcoin short position valued at $7.48 million, according to Hyperinsight monitoring. The position was opened at an average price of $74,109, with a liquidation threshold set at $78,060. The trader has already achieved a floating return of approximately 9% and has set a market-order take-profit at $73,450, which is about $500 below the current market price.
1 hour ago

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eToro Profits $50M from Early Bitcoin Investment

eToro CEO Yoni Assia revealed that the company purchased Bitcoin at approximately $5 per coin between 2011 and 2012, amassing up to 4,000 BTC. This strategic investment was later sold, yielding a substantial profit as the value soared to $50 million. Assia shared this insight during his appearance at Paris Blockchain Week, highlighting eToro's early involvement in the cryptocurrency market.
2 hours ago

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Ethereum Steadies at $2,380 as Glamsterdam Upgrade Nears

Ethereum is maintaining a price near $2,380 as anticipation builds for the upcoming Glamsterdam upgrade in May 2026. This significant execution-layer overhaul aims to enhance throughput and reduce fees, marking the largest update since The Merge. Accumulation wallets have reached 26.55 million ETH, and staking has hit record levels, bolstered by strong inflows into spot ETFs, indicating bullish sentiment. The Glamsterdam hard fork will introduce key features such as Enshrined Proposer-Builder Separation and Block Access Lists, targeting 10,000 transactions per second. Analysts from Citi and Standard Chartered have set price targets of $3,175 and $7,500, respectively, reflecting optimism despite potential timing risks and macroeconomic pressures. Ethereum's market cap stands at $287 billion, with Solana trailing at $47 billion.

ETH -2.04% SOL -2.89%
2 hours ago

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Short-Term Holders Sell Over 65,000 BTC as Bitcoin Hits $75,000

Bitcoin's recent test of the $75,000 level prompted short-term holders to offload over 65,000 BTC to exchanges within 24 hours, according to CryptoQuant analyst Darkfost. The majority of these transactions, approximately 61,000 BTC, were profitable sell-offs, indicating a strong profit-taking sentiment among these investors. Darkfost highlighted that short-term holders are currently viewing any price increase as an opportunity to exit, showcasing their sensitivity to market fluctuations.

BTC -0.49%
2 hours ago

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Early Bitcoin Holder Moves 1,000 BTC to New Wallets

An early Bitcoin holder from the Satoshi era has transferred 1,000 BTC, valued at approximately $74.03 million, into two newly created wallets, potentially indicating a preparation for sale. The address still retains 1,833 BTC, worth around $135.6 million, according to monitoring by Onchain Lens.

BTC -0.49%
2 hours ago

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RaveDAO (RAVE) Surges 7,400% to $20, Faces Potential Double Peak Trap

RaveDAO (RAVE) has experienced a meteoric rise, skyrocketing from $0.27 to $20.00 in just six days, marking one of the most explosive altcoin rallies of 2026. However, the cryptocurrency has pulled back to $14.75, raising concerns about a potential double peak trap as exhaustion signals emerge. The rally, characterized by a near-vertical ascent since April 9, saw RAVE's RSI enter overbought territory, now showing signs of rolling over. Despite the price surge, declining volume since April 9 suggests a bearish divergence. Key support levels are identified at $12.47 and $7.81, with the latter representing a deeper correction zone if selling pressure persists. Open Interest data indicates a decline from $500 million to $400 million, suggesting traders are closing positions rather than adding new ones. The market's next move will determine whether bulls can reclaim control or if a bearish double peak pattern will unfold, potentially driving prices down to $4.30–4.49.

RAVE -15.50%
2 hours ago

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Microsoft Unveils MAI-Image-2-Efficient, Cutting Image Generation Costs by 41%

Microsoft has launched MAI-Image-2-Efficient, a new text-to-image model that significantly reduces image generation costs by 41%. The model, developed by Microsoft's MAI Superintelligence team, is optimized for production environments, offering a 22% increase in generation speed and four times higher single-GPU throughput compared to its predecessor, MAI-Image-2. API pricing is set at $5 per million tokens for text input and $19.5 per million tokens for image output. MAI-Image-2-Efficient boasts a median latency of 13.7 seconds, outperforming competitors like Google Gemini 3 Pro Image and GPT-Image-1.5-High. Microsoft highlights the model's suitability for batch and real-time image generation in scenarios such as product images and marketing assets. The model is now available on Microsoft Foundry and MAI Playground, with further integration planned for Copilot, Bing, and PowerPoint.
2 hours ago

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Dragonfly Receives $55.8 Million in LIT Tokens from Lighter

Dragonfly has received approximately $55.8 million worth of LIT tokens from Lighter, according to Arkham monitoring. If these tokens are part of an investor allocation, they will be locked for one year and gradually unlocked over three years following the Token Generation Event (TGE). Consequently, these tokens are not expected to be transferred before December 30, 2026.

LIT -7.44%
2 hours ago

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Bitcoin OG Moves 1,000 BTC Worth $74M, Retains $135.6M in Holdings

A Bitcoin OG from the Satoshi era has transferred 1,000 BTC, valued at $74.03 million, to two newly created wallets, according to Onchain Lens monitoring. This move suggests a potential preparation for sale. Despite the transfer, the wallet still holds 1,833 BTC, with a current value of $135.6 million.

BTC -0.49%

OKX Launches MiFID-Regulated Crypto Derivatives X-Perps in EEA

Bitcoin's Negative Funding Rate Persists, Signaling Potential Price Breakout

Trump Predicts Interest Rate Cuts with Kevin Warsh as Fed Chair

Bitcoin Climbs to $74,000 Amid Short Squeeze, Options Market Remains Cautious

Binance's CZ Claims Biden Administration Targets Him Due to Market Dominance and Ethnicity

LONGITUDE Paris Event to Feature Key Web3 and Digital Asset Leaders

Bitcoin Developers Propose BIP-361 to Freeze Satoshi-Era Coins Against Quantum Threats

IMF Warns Global Debt Could Hit 100% of GDP by 2029, Highlighting Bitcoin's Potential

Bhutan Government Transfers 250 Bitcoin Worth $18.46M for Sale

Pakistan Central Bank Ends Seven-Year Ban on Crypto Banking

Bio Protocol (BIO) Jumps 30% Amid Bullish Technical Indicators

Whale Opens 40x Leveraged BTC Short, Targets $73,450 for Profit

eToro Profits $50M from Early Bitcoin Investment

Ethereum Steadies at $2,380 as Glamsterdam Upgrade Nears

Short-Term Holders Sell Over 65,000 BTC as Bitcoin Hits $75,000

Early Bitcoin Holder Moves 1,000 BTC to New Wallets

RaveDAO (RAVE) Surges 7,400% to $20, Faces Potential Double Peak Trap

Microsoft Unveils MAI-Image-2-Efficient, Cutting Image Generation Costs by 41%

Dragonfly Receives $55.8 Million in LIT Tokens from Lighter

Bitcoin OG Moves 1,000 BTC Worth $74M, Retains $135.6M in Holdings