Month: April 2026

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What the 10-year Treasury yield means for crypto yields and stablecoins

The 10-year Treasury yield, the interest rate on US government 10-year bonds, is a crucial benchmark for risk-free returns, influencing global financial markets and impacting the cryptocurrency sector. Its fluctuations reflect inflation expectations, economic conditions, and investor sentiment. A rising yield often signifies tighter monetary policy, potentially drawing investments away from riskier assets like cryptocurrencies. […]

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6 signs predicting $140K as Bitcoin's next price top

Bitcoin’s price, currently retracing, shows strong indicators suggesting a potential surge towards $140,000. Several key factors contribute to this bullish outlook. Firstly, significant inflows into spot Bitcoin ETFs totaled $2.9 billion in just two weeks, mirroring previous rallies that preceded substantial price increases. This mirrors past trends; $8.5 billion in net inflows were seen between […]

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Bitcoin Season 2: Why the next wave of Bitcoin innovation is all about utility

Bitcoin’s evolution transcends price, focusing on expanding its potential applications beyond its role as digital money. Isabel Foxen Duke, a general partner at Unbroken Chain, describes this shift as “Bitcoin Season 2,” emphasizing the exploration of diverse financial use cases. This new phase involves innovations like ordinals, runes, and decentralized finance (DeFi) tools, pushing Bitcoin […]

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Tariff doubts push NFL, NBA to bet big on digital merch

Dapper Labs’ vice president of business development, Ridhima Kahn, highlights the increasing relevance of blockchain-powered digital markets in response to tariff volatility impacting physical goods. Brands are reconsidering revenue and fan engagement strategies, turning to digital collectibles as a less risky alternative. This shift is driven by the desire to better understand and engage with […]

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Tron’s USDT supply to surpass Ethereum’s with new $1B mint

Tether, the issuer of the USDt stablecoin, recently minted another $1 billion USDt tokens on the Tron network, surpassing Ethereum in authorized USDT supply. As of May 14th, Tron held $73.7 billion in authorized USDT, exceeding Ethereum’s $74.5 billion. The new minting pushed Tron’s authorized supply above Ethereum’s, although Ethereum still led in circulating supply […]

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Coinbase faces $400M bill after insider phishing attack

Coinbase, the world’s third-largest cryptocurrency exchange, recently thwarted a $20 million extortion attempt following a data breach. Cybercriminals bribed several overseas customer support contractors to gain access to internal systems and steal limited user account data. Coinbase confirmed that no passwords, private keys, funds, or Coinbase Prime accounts were compromised. The affected data represented less […]

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Jim Chanos takes opposing bets on Bitcoin and Strategy

Jim Chanos, a prominent short-seller and former Bitcoin critic, has executed a novel trading strategy: shorting MicroStrategy (formerly Strategy) stock while simultaneously buying Bitcoin. This move, revealed at the Sohn Investment Conference, stems from Chanos’ belief that a significant price mismatch exists between directly purchasing Bitcoin and acquiring Bitcoin exposure through MicroStrategy’s stock. He views […]

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Bitcoin to $1M by 2028 as Hayes tells Europe to ’get your money out’

Arthur Hayes, former BitMEX CEO, boldly predicts Bitcoin (BTC) will reach $1 million within the next three years, driven by global macroeconomic shifts. His prediction, detailed in a May 15th blog post, hinges on two key factors: foreign capital repatriation and the devaluation of US Treasuries. Hayes argues that increasing capital controls worldwide, coupled with […]

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Bahrain-based AlAbraaj Restaurants adopts Bitcoin treasury strategy

AlAbraaj Restaurants Group, a Bahrain-based publicly listed catering company with a $24.22 million market cap, has adopted a Bitcoin treasury strategy in partnership with 10X Capital. This follows a similar model to MicroStrategy, aiming to establish itself as a prominent Bitcoin holder in the Middle East. The company’s May 15th announcement detailed an initial investment […]

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Is the XRP price rally over for now?

XRP’s price action presents a mixed outlook, with short-term bearish signals countered by long-term bullish potential. Technically, XRP has formed a double top near $2.65 and broken down from a rising wedge pattern, both suggesting a potential price drop. The double top, confirmed by a break below the neckline around $2.47, points to a downside […]