Crypto

Source: Coin Tegraph Bitcoin (BTC) is bracing for a major US macro data week as crypto market participants warn of serious volatility next. Bitcoin retests $92,000 after a promising weekly close, but traders still see a deeper BTC price correction to come. A bumper week of US macro data comes with the Federal Reserve under…

Source: Coin Tegraph Chinese tech giant Huawei has reportedly developed a powerful artificial intelligence chip that could rival high-end processors from US chip maker Nvidia. The Shenzhen-based Huawei is poised to start testing a new AI chip called the Ascend 910D, and has approached local tech firms, which are slated to receive the first batch…

Source: Coin Tegraph Coinbase has urged the US Office of Government Ethics to remove a rule banning Securities and Exchange Commission staff from holding crypto. SEC staff need to use crypto to better understand how it works and the best way to regulate it, Coinbase chief legal officer Paul Grewal argued in open letters sent…

Source: Coin Tegraph The Donald Trump-backed World Liberty Financial has signed a Letter of Intent with the Pakistan Crypto Council to accelerate crypto adoption in the South Asian country and one of the industry’s fastest-growing markets. Under the partnership, World Liberty will help the Council launch regulatory sandboxes to test blockchain-based products, expand stablecoin applications…

Source: Coin Tegraph Crypto exchange Bitget says it is sending letters from its lawyers to account holders it alleges were involved in manipulating the price of perpetual futures contracts tied to the VOXEL token. Eight account holders that the exchange accuses of being involved in the April 20 incident and who allegedly pocketed $20 million…

Source: Coin Tegraph Bitcoin is starting to act as a store of value during times of “US-risk-off” sentiment, marking a potential shift in its relationship with traditional assets, according to the New York Digital Investment Group. Bitcoin (BTC) felt “noticeably different” over the trading week ended April 25, NYDIG’s global head of research Greg Cipolaro…

Source: Coin Tegraph The Ethereum mainnet’s gas limit could theoretically grow 100-fold and reach 2,000 transactions per second under a new Ethereum Improvement Proposal (EIP) put forward by Ethereum Foundation researcher Dankrad Feist. Feist, who had the blockchain’s “danksharding” data storage solution named after him, put forward EIP-9698 on April 27, which would introduce a…

Source: Coin Tegraph Nike has been hit with a class-action lawsuit that accuses the sportswear giant of operating a rug pull for shuttering its non-fungible token (NFT) platform RTFKT in January.  A group of RTFKT users led by Jagdeep Cheema claimed in the proposed class suit filed in a Brooklyn federal court on April 25…

Source: Coin Tegraph Key takeaways: Heavy liquidations played a role in Bitcoin’s return to $95,000. Bitcoin’s weakening correlation with stocks highlights its growing independence as an asset. Bullish institutional investor positioning contrasts with retail traders’ caution, supporting a rally above $100,000. Bitcoin (BTC) gained 11% between April 20 and April 26, demonstrating resilience by holding…

Source: Coin Tegraph Key takeaways: Norges Bank lost $40 billion in Q1 2025 as US tech stocks fell, exposing the risk of concentrated positions. The bank’s indirect Bitcoin exposure via stocks reached $356 million, raising sell pressure risk amid a global trade war and recession concerns. Abu Dhabi’s $437 million spot Bitcoin ETF stake shows…