Invest ideasNews
24 Apr 2026, 09:31
Bitcoin Price Stalls Below $78K Despite ETF Surge, Metaplanet Buying
Bitcoin ETFs saw inflows for 8 straight days, indicating strong institutional demand in recent days. According to Bitwise, there has been massive accumulation, with ETFs buying 9x more BTC than mined supply. Even with these positive developments, BTC remains range-bound below $78,000 with sellers capping upside. Bitcoin spot exchange traded funds (ETF) are on fire as the products managed to pull in a great amount of money yesterday, April 23, 2026. According to SoSoValue , Bitcoin ETFs saw an inflow of $223.21 million and this marks the eight day of consecutive inflow. Yesterday, BlackRock’s IBIT led with $167.49 million added in one day. Its total historical inflows now hit $16.75 billion. Ark Invest and 21Shares’ ARKB was next at $71.22 million daily, with lifetime totals at $1.62 billion. Fidelity’s FBTC was the only product that saw an outflow of $16.93 million. Even so, its all-time inflows stand at $11.04 billion. As of now, all Bitcoin spot ETFs hold $102.79 billion in assets. That is 6.59% of BTC’s total market cap. Cumulative net inflows reached $58.21 billion, close to the peak of $62.8 billion. According to André Dragosch , European Head of Research at Bitwise, for the last five trading days, these BTC ETFs soaked up 18,991 BTC. That’s nine times the new BTC supply mined in the same time. Eric Balchunas in one of his tweets stated that in the last few days, weeks, months, more money is going in than coming out, which has not happened in a long-time. This indicates that the sentiment around ETF products have improved. He highlights iShares Bitcoin Trust pulling in $3 billion, which is better than most ETFs ever (top 1%). But he adds a reality check. Even though flows are strong, total lifetime inflows (~62.8 billion) have not broken new highs yet. They still need a couple more billion to reach a new record. Bitcoin ETFs flows are (to quote Steve Winwood) back in the high life.. every single rolling period for we track is now positive, haven’t seen that in months (IBIT’s $3b is in Top 1% of all ETFs). Still tho, need a couple bil more to get back to breaking new ground in cumulative lifetime flows (62.8b). -Eric Balchunas, Senior ETF Analyst for Bloomberg Companies Double Down on BTC Buys Japan’s Metaplanet Inc. is raising ¥8 billion ($52 million) through zero-interest bonds to buy more BTC. These bonds do not pay interest and will be repaid in full next year, showing strong confidence in BTC’s long-term value. The entire issuance is backed by EVO FUND, with no collateral involved. *Metaplanet Issues 8 Billion JPY in 0% Ordinary Bonds to Purchase Additional $BTC * pic.twitter.com/az8kfL7eeA — Metaplanet Inc. (@Metaplanet) April 24, 2026 At the same time, MicroStrategy made a massive $2.54 billion BTC purchase, reinforcing its position as the largest corporate holder. Despite risks like share dilution, such aggressive buying signals growing institutional belief in BTC as a key treasury asset. Bitcoin Stuck Below $78K Despite Strong Institutional Demand Even though there have been strong developments such as positive ETF inflows and fresh institutional interest like Metaplanet Inc. raising ¥8 billion to buy Bitcoin, the price of the token is still struggling to break above the $78,000 level. This shows that even though there is a demand, sellers are active near resistance, keeping BTC stuck in a range. Bitcoin is currently moving in a tight range, showing no strong direction yet. At press time, the price of the token stands at $77,725.87 with a drop of 0.5% in the last 24-hours as per CoinGecko. BTC 24-hours chart As long as the BTC price stays above the key support zone around $77,000, it may continue to move sideways roughly between $77,000 and $78,600. This means the market is in a pause phase and is waiting for a clear breakout. If the token falls below the $77,000 mark, then it could further drop down to $76,250, which is an important support level. On the upside, a move above $78,600 would signal strength and possible upward momentum. Another important factor is ETF inflows, steady money coming into Bitcoin funds is helping support the price. Overall, the short-term outlook is neutral, with traders watching for a clear move up or down. Also Read: HashKey and ANAP Partner to Jointly Expand Bitcoin Services in Japan
24 Apr 2026, 09:30
Exploiter behind Balancer breach swaps Ethereum holdings for Bitcoin
The Balancer exploiter has started moving funds from their known wallets. The laundering resembles the operations around the KelpDAO hack, using ThorChain for swapping the funds. The Balancer hacker, which may be the same entity as the KelpDAO exploiter, has started moving funds. As in the case of KelpDAO , the hacker used ThorChain for decentralized swapping. While the ThorChain coin movements can be traced, they cannot be censored, as other bridges or DeFi services have done. The Balancer hacker swapped ETH for BTC and sent some of the ETH to an intermediary address . Will the Balancer exploiter affect the market? The Balancer exploiter stole nearly $120M in ETH, leaving the funds to sit idle for five months. The exploiter moved 1,100 ETH in an hour and started converting the coins to BTC. At this rate, the hacker may have a limited effect on ETH prices. ETH still traded just above $2,300, while BTC declined to the $77,700 range. The same technique may be used to launder funds from the Bybit and BTC Turk hacks, which may be controlled by the same hacker group. The decision to buy BTC is unprecedented, as usually, the hackers store their funds in ETH for mixing or in censorship-resistant stablecoins like DAI. ThorChain increases activity ThorChain activity increased to the highest level for the past year. The chain does not work as a mixer, which makes the funds traceable. However, swapping to BTC means a minimal chance of blacklisting wallets or freezing funds. ThorChain activity spiked to the highest level since May 2025, reflecting the swapping of KelpDAO funds and the activation of old wallets from previous exploits. | Source: Dune Analytics . ThorChain carries around $20M in daily swap volumes, but as of April 24, volumes remained elevated at around $70M . Most of the volume is concentrated on the native ThorChain DEX, with almost no activity through ThorWallet swaps and the Ruji Trade DEX. The network does not work as a mixer and does not disguise the origin of funds. However, the liquidity pools cannot be censored, as the team has no right to override block confirmations. The network relies on 95 active nodes , which are entirely permissionless and are not subjected to additional voting or any tools to intercept funds. John-Paul Thorbjornsen explained that initially, ThorChain had admin keys to propose a new network state, but nodes could override that decision. Two teams held the admin keys , but in the end, ThorChain decided to remove the mechanism a year ago. ThorChain became the focus of traders as recent hacks raised the discussion of not allowing hackers to get away with stealing funds. So far, only Arbitrum and several Aave vaults have locked funds to prevent further contagion. For most hacks, the exploiters usually manage to move and launder the funds. ThorChain to add ZCash trading After the recent hacks, ThorChain doubled down on its privacy narrative. The chain has previously stated it will always refuse to intercept funds, even from high-profile hacks. Recently, ThorChain announced it would add native ZCash swapping. Zcash is now enabled on THORChain.⚡️ Trading will begin in the coming weeks as nodes add support and Bifrost scanning goes live. The progressive rollout of native zcash:native swaps on THORChain has officially begun. — THORChain (@THORChain) April 24, 2026 ZCash offers additional security and privacy options, such as veiling transactions. With the addition of ZEC, ThorChain may offer another way to disguise funds through on-chain swaps. Following the news, ZEC rallied from a local low of $316 to $342.32. If you want a calmer entry point into DeFi crypto without the usual hype, start with this free video.
24 Apr 2026, 09:28
Shiba Inu investors surpass 1.57 million after 7 percent weekly jump
🚀 Over 1.57 million investors now hold assets in $SHIB as wallet numbers spike by 10,000 in just days. SHIB’s price jumped over 7 percent in one week, outperforming overall market trends. 🔥 Key point: Long-term SHIB holders have surged 78 percent in twelve months while Shibarium network transactions topped 1 billion. Continue Reading: Shiba Inu investors surpass 1.57 million after 7 percent weekly jump The post Shiba Inu investors surpass 1.57 million after 7 percent weekly jump appeared first on COINTURK NEWS .
24 Apr 2026, 09:19
LINK Technical Analysis: Support, Resistance, and Price Outlook
LINK maintains its uptrend structure at $9.25, while the $9.86 breakout is critical. BTC dominance requires a cautious approach, with the $11.52 target to be monitored in the active scenario.
24 Apr 2026, 09:11
Ethereum Price Prediction: Today’s Options Expiry as 10 Straight Days of ETF Inflows Snap
Ether’s 10-day ETF inflow streak just snapped hard. Ethereum price is slipping to $2,300 in today’s Asia session, but that doesn’t mean we are getting a bearish prediction. Spot Ethereum ETFs recorded a net outflow of $75.9 million on April 23, abruptly ending a 10-day consecutive inflow run. Yesterday’s compares poorly with the prior session’s $96.4 million in ETH ETF inflows. Yesterday was a $172.3 million single-day swing in the wrong direction. Ether ETF Flow, Coinglass Meanwhile, spot Bitcoin ETFs drew $223 million on the same day, extending their own inflow streak to eight days. Strategy’s latest purchase, worth $2.54 billion, added further tailwind to the BTC side of the ledger. NEW: CNBC reports that spot Bitcoin ETF inflows are ramping up and BTC is "closing in on $80k" pic.twitter.com/felRafNxd1 — Bitcoin Magazine (@BitcoinMagazine) April 23, 2026 With an $8.6 billion BTC/ETH options expiry landing today and Bitcoin dominance sitting at 60%, the ETH/BTC trade is suddenly back in focus. Discover: The best pre-launch token sales Ethereum Price Prediction: $2,500 A Pipe Dream? ETH opened today at $2,375 before sliding to $2,310 by late morning, a move that put the price back below the $2,400 uptrend level that bulls need to reclaim. Binance analysts flag $2,500 as the critical support zone, warning that failing to break the resistance level could open the path to $2,200. ETH USD, TradingView 24-hour volume dropped 8% to approximately $17 billion, which can mean capitulation is still ahead. The Fear & Greed Index sits at 39 (Fear), way better than what it was during last month’s extreme fear situation. RSI registers around 58, technically neutral, so there is still some room to run. If ETH can reclaim $2,400 once again with recovering volume, not just $2,500, it could as well try to retest the higher $2,800–$3,000 resistance. $ETH 1D: Faces key resistance at $2,500 and $2,800, zones characterized by bearish liquidity voids. A push toward these levels is expected, with the 200 day MA serving as my major target. It’s almost ready to breakout IMO. NFA DYOR pic.twitter.com/2MCZ0kvqN8 — RStacker (@RaberTrades) April 23, 2026 The options’ expiry on April 24 adds a near-term volatility wildcard. Price could whip either direction into the settlement print before establishing a cleaner trend. Stay alert. Discover: The best crypto to diversify your portfolio with LiquidChain As Liquid as Ethereum ETFs ETH’s ETF streak ending mid-rally is a useful reminder: even assets with genuine institutional momentum can stall at the wrong technical junction. Rotation into earlier-stage infrastructure plays tends to pick up precisely when large-cap assets lose momentum at resistance. It’s a dynamic worth considering. This is where it begins. ⟁ https://t.co/vqvBcdSQYC pic.twitter.com/4WNFR37XmU — LiquidChain (@getliquidchain) April 24, 2026 LiquidChain ($LIQUID) is a Layer 3 infrastructure project positioning itself as the cross-chain liquidity layer, fusing Bitcoin, Ethereum, and Solana liquidity into a single execution environment. Developers deploy once and access all three ecosystems simultaneously, which addresses one of DeFi’s most persistent friction points: fragmented liquidity across incompatible chains. The project’s Unified Liquidity Layer and Single-Step Execution architecture are the core differentiators. Its presale has raised $700K to date at a current price of $0.01452 per LIQUID token. Not to forget its high 1400% APY staking bonus for early buyers. Research LiquidChain and review the presale terms here. The post Ethereum Price Prediction: Today’s Options Expiry as 10 Straight Days of ETF Inflows Snap appeared first on Cryptonews .
24 Apr 2026, 09:10
Bitcoin Safe Haven Status Needs at Least 10 Years, Warns Analyst Willy Woo
BitcoinWorld Bitcoin Safe Haven Status Needs at Least 10 Years, Warns Analyst Willy Woo Bitcoin still behaves like a risk asset and may need at least a decade to earn recognition as a true safe haven, according to on-chain analyst Willy Woo. In a detailed post on X, Woo explained that while Bitcoin possesses the structural properties of a safe haven, it remains highly susceptible to market volatility during periods of macroeconomic uncertainty or war. This perception shift, he argues, could take ten years or more. Bitcoin Safe Haven Debate: Structural Strengths vs. Market Reality Willy Woo, a respected on-chain analyst, outlined why Bitcoin’s path to becoming a safe haven is longer than many expect. He highlighted that Bitcoin has the fundamental characteristics of a safe-haven asset. These include the ability to cross borders with only a seed phrase and its complete independence from the traditional financial system. These features make it theoretically resistant to government seizure and inflation. However, Woo emphasized that market behavior tells a different story. During times of global uncertainty, such as the COVID-19 pandemic or recent geopolitical tensions, Bitcoin’s price has often dropped sharply. This pattern mirrors that of high-growth technology stocks. Woo noted that Bitcoin’s price currently moves in a similar pattern to the Nasdaq 100 index. This correlation proves that large-scale capital investors still treat Bitcoin as a risk-on asset. The Institutional Perspective on Bitcoin’s Risk Profile Woo pointed directly at institutional investors as the primary reason for this behavior. These investors, including hedge funds, pension funds, and asset managers, have not yet seen enough historical data to trust Bitcoin as a stable store of value. They require decades of proven performance during various economic cycles. Without this track record, they pull capital from Bitcoin when fear rises. This action amplifies volatility and reinforces the risk-asset label. The analyst argued that institutions need at least one full financial cycle of Bitcoin behaving like a safe haven. A typical financial cycle spans 7 to 10 years. Therefore, Woo projects that Bitcoin will not achieve widespread safe-haven status until around 2035 or later. During this period, Bitcoin must demonstrate resilience through recessions, inflation spikes, and geopolitical crises. BTC Risk Asset Behavior: The Nasdaq Correlation Woo’s analysis directly addressed the strong correlation between Bitcoin and the Nasdaq 100. He explained that this correlation is not accidental. It reflects the shared investor base. Both assets attract growth-oriented, risk-tolerant capital. When global liquidity tightens or risk appetite falls, investors sell both assets simultaneously. This behavior contrasts sharply with traditional safe havens like gold. Gold often rises during market turmoil as investors seek stability. Bitcoin, in contrast, has fallen alongside stocks in every major crisis since its inception. The 2020 COVID crash saw Bitcoin drop over 50% in a single day. The 2022 bear market saw Bitcoin lose over 70% of its value from its peak. Gold, meanwhile, held its value relatively well during both periods. Woo emphasized that this correlation will only break once Bitcoin’s market capitalization grows large enough to compete with gold. Gold’s market cap stands at approximately $13 trillion. Bitcoin’s market cap currently hovers around $1 trillion. This size difference means that Bitcoin is still a small, volatile market. It can be moved significantly by large trades. Gold’s massive market absorbs such shocks easily. Market Capitalization and Safe Haven Credibility The path to safe-haven status is directly tied to market size. Woo argued that as Bitcoin’s market cap grows, its volatility will naturally decrease. Larger markets are harder to manipulate. They also attract more diverse investors. This diversity includes long-term holders who do not panic sell during short-term crises. These holders provide stability. Woo estimated that Bitcoin needs to reach a market cap of $10 trillion or more to begin behaving like gold. At current prices, this would require Bitcoin to increase roughly tenfold. Such growth would take years of steady adoption. It would require institutional acceptance, regulatory clarity, and widespread retail use. Woo believes this timeline aligns with his ten-year prediction. Willy Woo Bitcoin Prediction: A Decade of Evolution Woo’s prediction is not a price forecast. It is a timeline for perception change. He stated that the market currently believes Bitcoin needs at least ten years to be seen as a safe haven. This belief itself influences market behavior. Investors act on their perceptions. If they see Bitcoin as risky, they treat it as risky. This creates a self-fulfilling prophecy. However, Woo also noted that Bitcoin’s structural properties remain unchanged. It is decentralized. It is censorship-resistant. It is scarce. These properties are exactly what define a safe haven. The only missing element is time. As Bitcoin survives more crises, each crisis builds its reputation. Each recovery strengthens the narrative. Eventually, the narrative shifts from risk asset to safe haven. Historical Precedents for Asset Perception Change Gold itself was not always considered a safe haven. For centuries, it was a medium of exchange. It became a store of value only after the gold standard ended in 1971. It took decades for gold to earn its current status. Similarly, the US dollar became a safe haven after World War II. It took years of global trust building. Bitcoin is following a similar path. It is a new asset class. Trust takes time to build. Woo’s analysis aligns with other crypto experts. Many agree that Bitcoin’s safe-haven status is inevitable but distant. The key factor is adoption. As more people use Bitcoin for savings, remittances, and cross-border transactions, its utility grows. This utility reinforces its value proposition. Over time, it becomes less speculative and more functional. Bitcoin vs Gold: The Long-Term Competition The comparison between Bitcoin and gold is central to Woo’s argument. Both assets share key characteristics. Both are scarce. Both are independent of governments. Both are portable. However, gold has a 5,000-year history. Bitcoin has only 16 years. This time gap is critical for perception. Gold is trusted because it has been tested for millennia. Bitcoin is still being tested. Woo pointed out that Bitcoin has advantages over gold. It is easier to transfer. It is divisible. It is verifiable. It cannot be confiscated easily. These advantages could eventually make Bitcoin a superior safe haven. But only after it proves its reliability over decades. Until then, gold remains the default safe haven for most investors. Key Differences Between Bitcoin and Gold as Safe Havens History: Gold has 5,000 years of trust; Bitcoin has 16 years. Volatility: Gold is stable; Bitcoin is highly volatile. Market cap: Gold is $13 trillion; Bitcoin is $1 trillion. Portability: Bitcoin is digital and instant; gold is physical and slow. Censorship resistance: Bitcoin is stronger due to decentralization. These differences show that Bitcoin has potential but needs time. Woo’s ten-year timeline reflects this reality. It is not pessimistic. It is realistic. It acknowledges Bitcoin’s strengths while recognizing its current limitations. Conclusion Bitcoin safe haven status remains a long-term goal, not a current reality. On-chain analyst Willy Woo predicts that it will take at least ten years for Bitcoin to be widely recognized as a safe-haven asset. During this period, Bitcoin must demonstrate resilience through multiple economic cycles. It must grow its market cap to compete with gold. It must earn the trust of institutional investors. Until then, Bitcoin will continue to behave like a risk asset, moving in tandem with the Nasdaq. The structural properties for safe-haven status exist. Only time is missing. Investors should view Bitcoin as a long-term store of value in development, not a finished product. FAQs Q1: Why does Bitcoin need 10 years to become a safe haven? Willy Woo argues that institutions need at least one full financial cycle (7-10 years) of proven safe-haven behavior before they trust Bitcoin. This track record does not yet exist. Q2: Does Bitcoin have safe-haven properties? Yes. Bitcoin is decentralized, censorship-resistant, scarce, and portable. These are the same properties that define gold as a safe haven. However, market behavior currently treats Bitcoin as a risk asset. Q3: How does Bitcoin’s volatility affect its safe-haven status? High volatility undermines safe-haven perception. Safe havens are expected to hold value during crises. Bitcoin has fallen sharply in every major crisis, unlike gold. Q4: What needs to change for Bitcoin to become a safe haven? Bitcoin needs a larger market cap (closer to $10 trillion), lower volatility, and a longer track record of stability during crises. Institutional adoption and regulatory clarity also help. Q5: Can Bitcoin ever compete with gold? Yes. Bitcoin has technical advantages over gold, such as ease of transfer and divisibility. However, it needs decades of proven reliability to earn the same level of trust. This post Bitcoin Safe Haven Status Needs at Least 10 Years, Warns Analyst Willy Woo first appeared on BitcoinWorld .
