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30 Apr 2026, 03:00
Bitmine locks 77% of Ethereum holdings – Why $9B ETH bet matters

Coinbase analysts noted that short-term speculators were flushed out in Q1, further cementing a firm base for ETH to rally
30 Apr 2026, 02:31
Bitcoin Price Weakness Grows, Traders Brace For Further Downside

Bitcoin price started a fresh decline below the $76,500 zone. BTC is consolidating and might struggle to stay above the $75,000 support. Bitcoin failed to stay above $76,500 and extended losses. The price is trading below $76,200 and the 100 hourly simple moving average. There is a bearish trend line forming with resistance at $77,200 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might extend losses if it stays below the $76,500 and $77,200 levels. Bitcoin Price Dips Again Bitcoin price failed to stay above the $76,500 support zone . BTC remained in a bearish zone and extended losses below the $76,000 level. There was a move below the $75,500 level. The price even dipped below $75,000. A low was formed at $74,940 and the price is now consolidating losses. There was a minor increase above the 23.6% Fib retracement level of the downward move from the $77,888 swing high to the $74,940 low. Bitcoin is now trading below $76,500 and the 100 hourly simple moving average . If the price remains stable above $75,000, it could attempt a fresh increase. Immediate resistance is near the $76,400 level or the 50% Fib retracement level of the downward move from the $77,888 swing high to the $74,940 low. The first key resistance is near the $77,200 level. There is also a bearish trend line forming with resistance at $77,200 on the hourly chart of the BTC/USD pair. A close above the $77,200 resistance might send the price further higher. In the stated case, the price could rise and test the $77,650 resistance. Any more gains might send the price toward the $78,000 level. The next barrier for the bulls could be $78,500. Downside Extension In BTC? If Bitcoin fails to rise above the $77,200 resistance zone, it could start another decline. Immediate support is near the $75,500 level. The first major support is near the $75,250 level. The next support is now near the $75,000 zone. Any more losses might send the price toward the $74,200 support in the near term. The main support now sits at $73,500, below which BTC might struggle to recover in the near term. Technical indicators: Hourly MACD – The MACD is now gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now below the 50 level. Major Support Levels – $75,500, followed by $75,000. Major Resistance Levels – $76,400 and $77,200.
30 Apr 2026, 02:15
Futures Liquidated: $182 Million Wiped Out in One Hour as Crypto Market Plunges

BitcoinWorld Futures Liquidated: $182 Million Wiped Out in One Hour as Crypto Market Plunges A staggering $182 million worth of futures liquidated across major cryptocurrency exchanges in the past hour has sent shockwaves through the digital asset market. This sudden event, occurring on [Date] across global trading platforms, marks one of the most intense liquidation events of the quarter. The total for the past 24 hours now stands at an alarming $508 million in futures liquidated , according to data from leading market analytics providers. Breaking Down the $182 Million Liquidation Event The futures liquidated in the last hour represent a rapid and violent market move. Long positions bore the brunt of the damage. Specifically, over 85% of the liquidations were long positions. This indicates a sudden and unexpected price drop caught many leveraged traders off guard. Bitcoin and Ethereum accounted for nearly 60% of the total liquidated value. Other altcoins like Solana and XRP also saw significant forced closures. The crypto liquidation event triggered a cascade effect. As prices fell, more margin calls were issued. This forced additional selling, which drove prices even lower. This feedback loop is a classic characteristic of a liquidation cascade . Exchanges like Binance, OKX, and Bybit reported the highest volumes of forced closures. What Caused the Sudden Market Crash? Several factors likely contributed to this sharp decline. First, a large sell order on a major exchange may have triggered the initial drop. Second, a broader market sentiment shift, possibly linked to macroeconomic news, played a role. Third, the concentration of leveraged long positions made the market vulnerable. When a key support level broke, stop-losses and margin calls activated automatically. Data from Coinglass shows that the largest single liquidation order occurred on Binance. It was worth over $15 million. This single trade likely acted as a catalyst for the broader market crash . The speed of the decline caught many algorithmic trading bots off guard, exacerbating the volatility. 24-Hour Total: $508 Million in Liquidations Expanding the view to the last 24 hours, the total futures liquidated reached $508 million. This figure is significantly higher than the daily average of the past week, which hovered around $200 million. This spike indicates a major shift in market dynamics. The long-to-short liquidation ratio is heavily skewed. For every $1 of short positions liquidated, over $8 of long positions were wiped out. This imbalance suggests that the market was overly bullish before the crash. Traders were heavily betting on continued price increases. The sudden reversal caught them off guard. The cryptocurrency futures market is now resetting. Open interest has dropped by roughly 12% in the last 24 hours, as traders deleverage their positions. Timeframe Total Liquidations Long Positions % Short Positions % Past 1 Hour $182 million 85% 15% Past 24 Hours $508 million 89% 11% Impact on Major Cryptocurrencies Bitcoin (BTC) dropped from $67,000 to a low of $64,200 during the hour. This 4.2% decline triggered the bulk of the futures liquidated . Ethereum (ETH) fell even harder, losing over 6% of its value. Altcoins suffered even more severe percentage losses. Solana dropped 8%, and Dogecoin fell 7%. The crypto liquidation event did not discriminate. It affected all major trading pairs. The total market capitalization of all cryptocurrencies shrank by over $40 billion in just 60 minutes. This rapid loss of value underscores the inherent risk in leveraged trading. Expert Analysis: A Necessary Market Correction? Market analysts view this event as a necessary correction. “The market was overheated,” says one veteran trader. “Leverage ratios were at dangerous levels. This flush was healthy in the long run.” The liquidation cascade removed excessive speculation. It reset funding rates to more sustainable levels. Funding rates on perpetual futures turned negative, indicating a shift in market sentiment. Another expert points to the role of high-frequency trading. “Algorithmic strategies amplified the move. They saw the initial break of support and piled on. This is a textbook example of a short-term liquidity crisis.” The event highlights the importance of risk management. Traders who used excessive leverage faced total account wipeouts. Historical Context: Comparing Past Liquidation Events This is not the first time such a massive futures liquidated event has occurred. In August 2024, a similar event saw $300 million liquidated in one hour. In March 2024, a $400 million event occurred. The current $182 million figure, while significant, is within historical norms for a volatile market. However, the speed of the decline is noteworthy. The price drop happened in under 15 minutes. The cryptocurrency futures market has grown substantially. Open interest now exceeds $30 billion. This means liquidation events can be larger and more frequent. The market infrastructure has improved, but leverage remains a double-edged sword. Exchanges now have better risk management systems. Yet, they cannot prevent sudden moves. What This Means for Retail Traders Retail traders are often the most affected by such events. Many use high leverage, sometimes up to 100x. A 1% move against their position can wipe them out. The market crash serves as a stark reminder. Proper position sizing and stop-loss orders are essential. Trading without them is gambling, not investing. Data shows that the average liquidation size was around $5,000. This suggests many small retail accounts were affected. The liquidation cascade disproportionately impacts smaller traders. They lack the capital to withstand sudden volatility. Education on risk management is crucial for the health of the ecosystem. Conclusion The recent event where $182 million worth of futures liquidated in one hour highlights the extreme volatility of the cryptocurrency market. With a total of $508 million in futures liquidated over 24 hours, this event serves as a critical reminder of the risks associated with leveraged trading. The crypto liquidation reset market leverage and may lead to a healthier, more sustainable price discovery process. Traders must prioritize risk management and stay informed about market dynamics to navigate such volatile conditions successfully. FAQs Q1: What does ‘futures liquidated’ mean? A1: Futures liquidated refers to the forced closure of a trader’s leveraged position by an exchange. This happens when the market moves against the trader and their margin falls below the required maintenance level. The exchange automatically sells the position to prevent further losses. Q2: Why did $182 million in futures get liquidated in just one hour? A2: The sudden liquidation was caused by a sharp price drop that triggered a cascade of margin calls. A large sell order likely initiated the move, which then forced many over-leveraged long positions to close simultaneously, amplifying the decline. Q3: How does a liquidation cascade work? A3: A liquidation cascade occurs when a price drop triggers forced selling of leveraged long positions. This selling pressure pushes prices lower, which then triggers more margin calls and liquidations. The cycle continues until the market finds a new equilibrium or all weak positions are cleared. Q4: Is this $508 million liquidation event a sign of a market crash? A4: Not necessarily a long-term crash, but it is a significant correction. Such events often reset excessive leverage and can lead to a healthier market. However, they do indicate high short-term volatility and risk. It is a normal, albeit violent, part of the crypto market cycle. Q5: How can traders protect themselves from liquidation events? A5: Traders can protect themselves by using lower leverage (e.g., 2x-5x), setting stop-loss orders, diversifying their portfolio, and never investing more than they can afford to lose. Proper risk management is the most effective defense against sudden market moves. This post Futures Liquidated: $182 Million Wiped Out in One Hour as Crypto Market Plunges first appeared on BitcoinWorld .
30 Apr 2026, 01:15
GBP/USD Stalls as Bank of England and US PCE Data Collide: A Critical 90-Minute Window for Traders

BitcoinWorld GBP/USD Stalls as Bank of England and US PCE Data Collide: A Critical 90-Minute Window for Traders The GBP/USD currency pair trades in a tight range as traders brace for a critical 90-minute window. The Bank of England (BoE) monetary policy decision and the US Personal Consumption Expenditures (PCE) price index release collide. This creates a high-impact event for the forex market. The pair hovers near key support levels. Market participants remain cautious. They await clarity on interest rate paths from both central banks. This article provides a deep analysis of the potential outcomes and trading implications. GBP/USD Treading Water: The Current Market Landscape The GBP/USD pair shows limited movement in early European trading. It trades near the 1.2700 handle. This follows a week of mixed economic data from the UK and the US. The pair faces resistance at 1.2750. It finds support at 1.2650. The narrow range reflects market indecision. Traders hesitate to place large bets before the dual risk events. The 90-minute window between the BoE decision and the US PCE release creates a unique volatility scenario. Historically, such collisions lead to sharp price swings. They often trigger stop-loss cascades. The Bank of England Decision: Rate Hold or Cut? The BoE meets today. It faces a difficult choice. The UK economy shows signs of stagnation. Inflation remains above the 2% target. The services inflation stays sticky. Most analysts expect a hold at 5.25%. However, a split vote is likely. Some members may advocate for a cut. The market prices a 40% chance of a 25 basis point reduction. A hold would support the pound. A cut would weaken it. The BoE’s forward guidance matters more than the decision itself. Traders will scrutinize the accompanying statement for clues on future policy. The Monetary Policy Committee (MPC) faces a balancing act. It must support growth without fueling inflation. Expert Insight: The BoE’s Dilemma According to a senior economist at a London-based consultancy, the BoE is in a difficult position. The labor market remains tight. Wage growth is still elevated. However, the economy is contracting. The services sector shows weakness. The MPC will likely signal a cautious approach. They may indicate a cut in the summer. This would provide a dovish tilt. It could pressure the pound lower. The market needs to see the vote split. A 7-2 or 6-3 split in favor of holding would be seen as dovish. A unanimous hold would be hawkish. US PCE Data: The Fed’s Preferred Inflation Gauge The US PCE price index releases just 90 minutes after the BoE decision. This data is the Federal Reserve’s preferred inflation measure. The core PCE, which excludes food and energy, is the key focus. The market expects a 0.3% month-over-month increase. An annual rate of 2.8% is anticipated. A higher-than-expected reading would reduce the chances of a Fed rate cut. It would strengthen the US dollar. A lower reading would increase cut expectations. It would weaken the dollar. The PCE data provides a direct signal for the Fed’s next move. The market prices a 60% chance of a cut in September. A hot PCE reading could push this probability lower. Impact on GBP/USD: The 90-Minute Window The collision of these two events creates a high-risk environment. The GBP/USD pair could experience significant volatility. The sequence of events matters. If the BoE holds and the US PCE comes in hot, the dollar strengthens. The pair would likely break below support at 1.2650. A move toward 1.2600 is possible. If the BoE cuts and the US PCE comes in soft, the pound weakens. The pair could drop sharply. A break below 1.2600 opens the door to 1.2500. The most bullish scenario for the pair is a BoE hold and a soft PCE. This would send the pair above 1.2750. A move toward 1.2800 would follow. The market will react quickly. Traders should use tight stop-losses. Technical Analysis: Key Levels for GBP/USD The daily chart shows the pair in a downtrend. It trades below the 50-day and 200-day moving averages. The Relative Strength Index (RSI) sits near 45. This indicates bearish momentum. The key support level is 1.2650. A break below this level targets 1.2600 and 1.2500. The resistance level is 1.2750. A break above this level targets 1.2800 and 1.2850. The 90-minute window will likely break the current range. The direction depends on the data outcomes. Traders should watch for false breakouts. They should wait for confirmation before entering trades. Market Sentiment and Positioning The Commitment of Traders (COT) report shows speculative traders are net short on the pound. This suggests a bearish bias. However, the positioning is not extreme. This leaves room for a sharp reversal if the data surprises. The options market shows elevated implied volatility. This confirms the expectation of a large move. The risk reversal indicator favors dollar calls. This indicates a bias for dollar strength. The market is pricing in a higher probability of a dollar-positive outcome. Traders should be aware of the risk of a contrarian move. Historical Context: Similar Events Historical data shows that when central bank decisions and key data releases collide, the market often overshoots. In June 2023, the BoE hiked rates by 50 basis points. The US CPI came in hot. The GBP/USD pair dropped 150 pips in two hours. In September 2022, the BoE hiked rates. The US PCE came in soft. The pair rallied 200 pips. The pattern is clear. The market reacts to the first event. It then corrects after the second event. Traders should avoid chasing the initial move. They should wait for the second data point. This provides a clearer picture. Conclusion The GBP/USD pair faces a critical test. The Bank of England decision and US PCE data collide in a 90-minute window. The outcome will determine the short-term direction. A BoE hold and soft PCE would boost the pound. A BoE cut and hot PCE would strengthen the dollar. Traders should manage risk carefully. They should use stop-losses and avoid over-leveraging. The market offers opportunities. It also carries significant risks. Stay informed. Stay disciplined. The GBP/USD trade requires patience and a clear strategy. FAQs Q1: What is the GBP/USD pair? The GBP/USD pair represents the exchange rate between the British pound and the US dollar. It is one of the most traded currency pairs in the forex market. Q2: Why is the Bank of England decision important for GBP/USD? The BoE sets interest rates for the UK. Higher rates attract foreign capital. This strengthens the pound. Lower rates weaken it. The decision directly impacts the GBP/USD exchange rate. Q3: What is the US PCE price index? The Personal Consumption Expenditures (PCE) price index measures inflation in the US. The Federal Reserve uses it as its primary inflation gauge. It influences interest rate decisions. Q4: How does the 90-minute window affect trading? The close timing of the BoE decision and US PCE release creates high volatility. The market reacts to the first event. It then adjusts after the second event. This can lead to sharp price swings. Q5: What are the key support and resistance levels for GBP/USD? Key support is at 1.2650. A break below this targets 1.2600. Key resistance is at 1.2750. A break above this targets 1.2800. Q6: Should I trade during this high-impact window? Only if you have a solid risk management plan. The volatility can be extreme. Use tight stop-losses. Consider waiting for the data to be released. Trade the confirmation, not the expectation. This post GBP/USD Stalls as Bank of England and US PCE Data Collide: A Critical 90-Minute Window for Traders first appeared on BitcoinWorld .
30 Apr 2026, 00:42
ENS slides 57 percent in 3 months, now at $5.94

🚨 $ENS crashed 57 percent in three months to $5.94. Coinbase suspended ENS perpetuals and a DNS issue raised security fears. 🔎 Key point: Uncertainty remains with strong resistance near $6.50 and outlook tied to $ENS’s future Web3 adoption. Continue Reading: ENS slides 57 percent in 3 months, now at $5.94 The post ENS slides 57 percent in 3 months, now at $5.94 appeared first on COINTURK NEWS .
29 Apr 2026, 22:40
Investors back 'undervalued' Bitcoin as Trump nominee steps up to Fed role

According to Coinbase’s latest quarterly survey released today, April 28, 2026, the general consensus around Bitcoin (BTC) is that it is underpriced despite trading below $80,000. This finding comes as Jerome Powell wraps up his tenure as Federal Reserve chair and President Trump’s nominee Kevin Warsh prepares to take the helm. The Coinbase Q2 2026 Charting Crypto report surveyed over 91 global investors and found out that three-quarters of institutional respondents and about 61% of non-institutional participants see Bitcoin as undervalued. Apparently, only 7% of institutions and 11% of non-institutions called it overvalued. Nonetheless, those numbers were largely unchanged from December 2025, according to Coinbase’s global head of research, David Duong. Coinbase checked the mood of Bitcoin investors ahead of Warsh stepping into the Fed role. Source: Coinbase The consistent sentiments of undervaluation stand out when looking at the bigger picture. Coinbase’s research team rated its overall crypto outlook as “neutral” for Q2, citing factors like geopolitical uncertainty tied to the Middle East conflict and other economic events. The IMF also recently cut its 2026 global GDP growth forecast from 3.4% to 3.1%, and Oxford Economics warned that a severe oil disruption could drag growth down to 1.4% if major economies fall into recession. Is Jerome Powell leaving the Federal Reserve? Powell led his final Federal Open Market Committee meeting today, April 29, where Fed rates stayed in the 3.50% to 3.75% range. He also announced he would remain on the Board of Governors after his chairmanship ended on May 15, although his board term technically lasts till January 2028. Powell’s tenure was commended by various colleagues, including Krishna Guha, Evercore ISI’s vice chairman, who stated that Powell “achieved the remarkable feat of bringing inflation back down without causing a recession” before Trump-era tariffs pushed prices higher again. Guha also added that Powell would be remembered for “the dignity and professionalism that he brought to public service” after Powell weathered what he called “the most serious attack on central bank independence in decades.” Powell’s succession, however, has sparked conversations among crypto investors interested in rate policy. As Cryptopolitan reported , Senator Thom Tillis recently signaled he would advance Warsh’s nomination, meaning a confirmation vote is likely in the coming weeks. However, Powell’s decision to stay on the board could complicate Warsh’s agenda. As such, several policies Warsh favored (including eliminating the dot plot and changing the Fed’s inflation target measure) would face more friction with Powell still seated as a governor, according to analyst Matt Weller. For traders, the logic seems to be straightforward. If Powell steps down entirely, it would clear the path for Warsh and potentially push long-term rates lower. His decision to remain keeps that variable in play. ETF flows reinforce Bitcoin’s bullish case Aside the survey, spot Bitcoin ETFs have pulled in nearly $2 billion year-to-date, according to 21Shares chief investment officer Adrian Fritz. Speaking on CoinDesk’s Public Keys , Fritz said Bitcoin now rivals mega-cap equities like Nvidia in daily trading volume, exceeding $50 billion, and called the asset “institutional ready” thanks to its ETF liquidity structures. According to Fritz, Morgan Stanley and other large asset managers entering crypto are accelerating adoption. He described the steady buildup in flows as structural rather than speculative and even sees Bitcoin consolidating near current levels before potentially reaching $100,000 by the end of the year if all the conditions are right. Combining such a broad institutional undervaluation conviction, a Fed leadership shift that could eventually favor looser policy, and sustained ETF inflows gives Bitcoin activists multiple catalysts to point to, even as geopolitical risk keeps Coinbase’s research team cautious in the near term. Still letting the bank keep the best part? Watch our free video on being your own bank .














































