Author: Tristan Lodenberg

Bitcoin may still be heading toward a deeper correction, with some analysts projecting a potential bottom near $57,000 in October 2026. The outlook comes after BTC rebounded more than 29% from its February low near $60,000, but failed to break through the $80,000 resistance zone, which is now seen as a key barrier before any attempt to reclaim the $100,000 psychological level. The projection is based on the “historical average” drawdown pattern that typically follows cycle tops. Bitcoin previously reached an all-time high above $126,000 in October 2025, which some analysts mark as the last market peak before a broader…

Luxor Technology Corporation has expanded its partnership with MicroBT through a $100 million commitment to purchase WhatsMiner bitcoin mining rigs, reinforcing collaboration between two major players in mining infrastructure. Alongside the hardware purchase, MicroBT signed a term sheet to invest in Luxor through its investment manager, Inflection Technology Ltd., although the financial size of the investment has not been publicly disclosed. Luxor confirmed that its proprietary LuxOS firmware will be extended to support MicroBT WhatsMiner machines, responding to long-standing demand from operators seeking improved control and efficiency across mining fleets. LuxOS Features Aim to Improve Efficiency and Profitability With the…

The European Union has announced its most extensive sanctions package against Russia in two years, tightening restrictions on financial channels and expanding measures aimed at limiting sanctions evasion through digital assets. The bloc stated that Russia has increasingly relied on crypto for cross border transactions, prompting stronger enforcement actions. Crypto Platforms and Digital Ruble Blocked Under New EU Measures The new framework introduces a full ban on crypto service providers and platforms operating in Russia, alongside restrictions on decentralized finance activity linked to Russian and Belarusian entities. The European Union also moved to block support for Russia’s central bank digital…

Digital asset investment products recorded $1.2 billion in inflows last week, marking the fourth consecutive week of positive momentum and highlighting strengthening institutional interest in crypto markets. A total of eight digital assets recorded inflows, compared with six in the previous week, indicating broader participation across the sector. Total assets under management (AuM) climbed to $155 billion, the highest level since February 1, supported by Bitcoin trading above $76,000 for the first time since the February market correction. However, overall AuM remains below the peak of $263 billion recorded in October 2025, suggesting room for further recovery if bullish momentum…

European Commission President Ursula von der Leyen stated that it is too early to lift sanctions imposed on Iran, emphasizing the need for meaningful internal reforms before any policy shift. Speaking in Berlin during a meeting of Germany’s conservative parties, including the Christian Democratic Union and its Bavarian sister party, the Christian Social Union, she stressed that sanctions remain necessary due to concerns over domestic repression. Von der Leyen noted that the removal of sanctions would require “a fundamental change” within Iran, signaling that European leaders are maintaining a cautious approach despite ongoing diplomatic developments. Iran Steps Up Diplomacy With…

Prediction market accuracy appears to rely on a small group of highly informed traders rather than the broader crowd, according to new academic research analyzing trading behavior on platforms such as Polymarket. The study found that roughly 3.5% of traders were responsible for generating most of the meaningful price signals that help forecast real-world outcomes. Researchers examined trading data spanning 2023 to 2025 and used repeated simulations of account activity to measure performance patterns. Their findings showed that while the majority of participants contributed trading volume, only a small fraction added valuable information that improved prediction accuracy. The remaining users…

South Korea’s KBank has entered a strategic partnership with Ripple to test onchain cross border remittances, marking a further step in the integration of blockchain into traditional banking infrastructure. The collaboration focuses on a proof-of-concept designed to evaluate improvements in transaction speed, cost efficiency, and transparency for international money transfers. The first phase of the project reportedly validated a wallet based remittance system, while the second phase is now testing stability in simulated onchain transactions across multiple corridors, including the United Arab Emirates and Thailand. The system uses Ripple’s software-based wallet infrastructure, built with international security compliance standards. Expansion of…

US Senator Thom Tillis has ended his opposition to Kevin Warsh’s nomination as Federal Reserve chair after the Department of Justice concluded a three-month investigation into Jerome Powell over a headquarters renovation project. The decision removes a key procedural obstacle and advances the nomination toward Senate consideration. With Tillis no longer blocking the process, the Senate Banking Committee is expected to proceed with its scheduled April 29 vote. Powell’s term is set to end on May 15, creating a narrow transition window for potential leadership change at the US central bank. Kevin Warsh Confirmation Timeline and Market Outlook Warsh could…

Bitcoin slipped after briefly touching a 12-week high near $79,400 before facing strong selling pressure during Asian trading hours. The move marked its third failed attempt in eight sessions to break above the $79k–$80k resistance zone, reinforcing the area as a key technical ceiling for traders. At the time of reversal, Bitcoin hovered around $77,600, slightly lower on the day, while major altcoins such as Ethereum, Solana, and BNB also recorded mild declines. Market Drivers and Key Macro Catalysts Ahead The initial rally was supported by improved global risk sentiment following geopolitical headlines involving Iran and renewed optimism around potential…

Evan Tangeman, a 22-year-old California resident from Newport Beach, has been sentenced to 70 months in federal prison for laundering funds tied to a large scale crypto theft operation. The case, handled in the District of Columbia, also includes three years of supervised release following his prison term. Authorities say the operation stole roughly $263 million in digital assets between October 2023 and May 2025 through social engineering scams and residential burglaries targeting hardware wallets. The group reportedly operated across multiple U.S. states and abroad, coordinating roles such as hackers, callers impersonating exchange support, and burglars. Laundering Activities and Criminal…