ALMATALENT

April 2025 witnessed crypto markets rocked by more tariffs at the direction of US President Donald Trump — controversial policies that could have influenced the outcome of Canada’s elections on April 28. On April 2, Trump levied “discounted reciprocal tariffs” on 185 countries and territories. The Dow Jones Industrial Average dropped 2,200 points on April 4, while the S&P 500 dropped nearly 6%, its largest decline since March 2020. Bitcoin…

Today in crypto, an elderly US individual is reportedly the victim of a recent $330 million Bitcoin social engineering attack, a US judge ruled that Tornado Cash can’t be sanctioned again, and the US Securities and Exchange Commission delayed its decision on Dogecoin and XRP exchange-traded funds. $330 million Bitcoin social engineering theft victim is elderly US citizen An elderly US individual is reportedly the victim of a devastating $330…

An elderly US individual is reportedly the victim of a devastating $330 million Bitcoin heist, now ranked as the fifth-largest crypto hack in history. The attacker used advanced social engineering tactics to gain access to the victim’s wallet, onchain investigator ZachXBT said in an April 30 update on X. The hack took place on April 28, 2025, when ZachXBT flagged a suspicious transfer involving 3,520 Bitcoin (BTC), valued at $330.7…

Key takeaways: Macro Chain Index issues first buy signal since 2022, hinting at a new Bitcoin bull run. RSI crossover on the MCI aligns with past cycle bottoms that preceded 500%+ BTC rallies. Bitcoin price recovers from $74K to $95K amid rising open interest and positive funding rates. A key Bitcoin (BTC) indicator that accurately signaled the 2022 market bottom has just flashed another buy signal, suggesting the cryptocurrency may…

Key points: Bitcoin consolidates after upside momentum stalls, but traders are confident that upside breakout will result. Major risk-asset volatility is expected as US macro data precedes the monthly candle close. April BTC price performance is on track to be the best since 2020. Bitcoin (BTC) spent another day around $95,000 on April 30 as volatility waited in the wings. BTC/USD 1-hour chart. Source: Cointelegraph/TradingView Bitcoin enjoys the calm before…

Bitcoin is showing signs of maturity as a global financial asset, with price volatility dropping to its lowest level in more than 500 days, according to new research. Volatility refers to the degree of variation of a trading price over time, which indicates the uncertainty about the size of changes in an asset’s value. Bitcoin (BTC) weekly volatility hit a 563-day low on April 30, said Vetle Lunde, the head…

Understanding inflation and the need for hedges Bitcoin’s supply-and-demand dynamics, in addition to growing institutional adoption, position it as a potential hedge against inflation in 2025. However, its high volatility and centralization concerns mean it remains a speculative asset rather than a guaranteed safeguard against inflation. What is inflation?  Inflation refers to the general increase in the prices of goods and services in an economy over time, leading to a…

Key takeaways: Bitcoin’s 28% rebound from $75,000 faces resistance at $95,000, risking a bull trap. Strong spot price momentum and ETF inflows support a potential $100,000 push. Bull flag pattern suggests a $108,300 target if BTC breaks the $95,000 resistance. Bitcoin (BTC) price has rebounded by 28% from its five-month low below $75,000 reached on April 9. However, its failure to break above the $95,000 resistance level decisively has sparked…

Eric Trump, executive vice president of the Trump Organization and son of US President Donald Trump, has delivered a warning to global banks regarding cryptocurrency adoption. “The modern financial system is broken, it’s slow, it’s expensive,” Trump said in a CNBC interview on April 30, adding that the existing banking system “favors the ultra-wealthy.” “It forced me into the crypto world,” he continued, adding: “And I’m telling you, if the…

Key takeaways Approving staking for spot Ether exchange-traded funds (ETFs) in the US may have a minimal impact on inflows unless Ether sees a sustained rally, says Eric Balchunas ETH dropped significantly in price after the launch of the ETFs last year, unlike spot Bitcoin ETFs, which saw new all-time highs just two months after launching. Balchunas said that for inflows to increase again, ETH would need a multimonth run…