Category: crypto

Brent crude oil price rose to $94.57 per barrel, up over 5% from Friday, due to zero tanker crossings in the Strait of Hormuz. WTI crude also rebounded from a 9% drop. The market remains disrupted, with tensions affecting oil prices and global growth assumptions. Energy inflation affects Bitcoin demand.

Suspected Sentient team wallet moved 687 million SENT, worth $11.52 million, into a new address, raising concerns about token supply. This transfer represents 9.49% of circulating supply. Monitoring by Arkham Intelligence shows the shift in supply. Traders are watching for potential impact on market sentiment and sell pressure.

The Trump Iran deal in negotiation proposes unfreezing $20 billion in Iranian assets for surrendering highly enriched uranium. This mirrors Obama’s deal criticized by Trump. Discussions include a 20-year enrichment moratorium. If successful, it would impact crypto markets positively. However, Trump faces backlash from conservative hawks over the financial terms.

Abu Dhabi-based tokenization platform KAIO raises $8 million from Tether to offer BlackRock-style funds on blockchain with $100 minimum tickets. The investment aims to bring institutional-grade assets onto the blockchain, with plans to expand into on-chain credit, structured products, and ETFs in collaboration with Mubadala Capital, which oversees $385 billion in assets.

Michigan Attorney General Dana Nessel rejected a Department of Justice demand for election materials from Wayne County, calling it baseless. The DOJ’s request was based on alleged irregular voting in the county. This follows the FBI’s seizure of ballots in Georgia, part of a broader effort to probe elections in battleground states.

FBI Director Kash Patel filed a $250 million defamation lawsuit against The Atlantic and reporter Sarah Fitzpatrick, claiming the magazine published false allegations about his behavior. The suit alleges The Atlantic acted with malice and gave the FBI short notice to respond. The Atlantic stands by its reporting. The lawsuit raises concerns about press freedom…

XRP’s price prediction improved with a 6.7% gain to $1.43, outperforming the broader crypto market. Institutional accumulation and anticipation of the CLARITY Act drove this surge. XRP’s resistance at $1.45 has stalled rallies, but recent inflows from European institutions suggest a potential breakout. The CLARITY Act remains a key catalyst for XRP’s future price movement.

Bitcoin price is at $76,466 on April 20, near the upper trendline of a 4H ascending channel from February lows. The MACD shows a bearish crossover, creating directional tension before the FOMC meeting on April 28. The next targets are $77,540 and $80,000, with support at $75,881. On-chain data shows open interest at $57.15 billion…

XRP price is at $1.4311 on April 20, with a symmetrical triangle forming on the 4H chart. A bearish MACD crossover indicates downward pressure, with $1.50 as a target on a 4H close above $1.4373 and $1.30 as support on a close below $1.37. On-chain data shows reduced speculative positioning.

LayerZero identified North Korea’s Lazarus Group as the likely culprit behind the Kelp DAO exploit that resulted in the theft of 116,500 rsETH valued at $292 million. The exploit was caused by a single-DVN setup without a backup verifier, leading to a significant drop in DeFi TVL and Aave outflows exceeding $10 billion. Multiple DeFi…