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22 Apr 2026, 10:15

Bitcoin Price Reclaims $78,000 as Donald Trump Extends Iran Ceasefire Indefinitely

Bitcoin price has moved back above $78,000 after President Donald Trump said the United States would extend its ceasefire with Iran while keeping the naval blockade in place until further talks are completed. The cryptocurrency climbed to about $78,343, its highest level since February, as traders responded to signs that geopolitical pressure in the Middle East may be easing. The move also came after Iran said the Strait of Hormuz would remain open, reducing one of the main risks that had weighed on global markets. The rebound in Bitcoin reflected a wider shift back toward risk assets. U.S. equities and crypto markets both gained as traders reacted to lower near-term concern around energy supply disruption and regional conflict. Bitcoin rose about 3% and pushed toward its strongest levels since the market peaked near $78,300 on Friday. The latest advance kept attention on whether Bitcoin can now hold above recent resistance and build toward the $80,000 level. US-Iran War Ceasefire Extension and Hormuz Reopening Lift Market Sentiment Trump said the U.S. military would continue its blockade and remain ready while Iran’s leaders prepare a unified proposal for talks. He also said the ceasefire would be extended until those discussions are concluded. In a separate statement, Trump said Iran wanted the Strait of Hormuz open because closing it would cut off about $500 million a day in revenue. That comment came after Iran indicated that commercial shipping through the waterway would remain open during the ceasefire period. Those developments helped improve market mood across asset classes. Bitcoin responded quickly because it had already been trading close to a breakout level. The easing of immediate war-related pressure gave traders more room to move into crypto and equities. Market activity suggested that participants were willing to buy back into risk as the chance of a wider regional disruption appeared lower than earlier in the month. The move also matched a pattern seen during previous pauses in geopolitical stress, when Bitcoin and major stock indexes rebounded together. For Bitcoin, the latest price jump placed the asset back above levels that had acted as resistance since its earlier selloff. Sentiment Signals Point to Continued Buying Interest Market data showed that investor positioning remained mixed even as Bitcoin rallied. Santiment said bearish comments still outnumbered bullish ones by three to two after Bitcoin moved above $77,000. That suggested retail traders remained cautious, partly because repeated ceasefire headlines had not always led to lasting price moves. Even so, negative sentiment during a rally can sometimes accompany continued upside if traders remain underexposed. Source: X Another closely watched signal came from Coinbase Premium. Bitcoin’s Coinbase Premium stayed positive for 14 straight days, marking its longest bullish streak since the asset’s peak near $126,000 in October, according to the supplied market note. A positive premium is often read as a sign that U.S. capital is returning to Bitcoin in a sustained way rather than through brief bursts of buying. On-chain cost basis data also supported the recovery narrative. The realized price for Bitcoin over the last one to three months was estimated at $74,000, meaning many recent buyers had returned to break even. Analysts tracking this metric said a further move higher could place more short-term holders into profit, which is often watched as an early phase signal in a broader market recovery. Bitcoin Spot Demand Remains Firm as Traders Watch $80,000 Short-term chart data pointed to continued spot-led strength. Aggregated spot cumulative volume delta remained positive near 8.9K, while coin-margined futures CVD stayed deeply negative around minus 61.27 million. That gap suggested the latest move was being driven more by direct buying in the spot market than by leveraged futures activity. Source: X Price action also supported that reading. According to crypto analyst Ted, Bitcoin price has been making higher highs and higher lows since the April 5 low near $63,000 before pausing around the $75,500 area. The recent pullback looked more like consolidation than a full reversal because spot demand did not collapse during the pause. As long as Bitcoin stays above the $74,000 to $75,000 range, traders are likely to keep watching the $78,000 to $80,000 zone as the next target.

22 Apr 2026, 10:15

BlackRock Spends $900 Million on Another Bitcoin Purchase

BlackRock continues purchasing Bitcoin in large quantities as market sentiments flip positive and investors begin to show renewed interests.

22 Apr 2026, 10:11

KelpDAO hack triggers $211 million BTC purchase spike

🚨 $211 million in BTC was purchased after the KelpDAO hack. Attackers used ThorChain to rapidly convert stolen assets to $BTC. Continue Reading: KelpDAO hack triggers $211 million BTC purchase spike The post KelpDAO hack triggers $211 million BTC purchase spike appeared first on COINTURK NEWS .

22 Apr 2026, 10:10

Upbit MANTRA Suspension: Critical Network Upgrade Halts Deposits and Withdrawals

BitcoinWorld Upbit MANTRA Suspension: Critical Network Upgrade Halts Deposits and Withdrawals Upbit, a leading South Korean cryptocurrency exchange, will temporarily suspend all deposits and withdrawals for Mantra (MANTRA) starting at 8:00 a.m. UTC on April 29. This action supports a scheduled network upgrade. Traders and investors must prepare for this service interruption. Understanding the Upbit MANTRA Suspension Upbit announced this suspension to facilitate a critical network upgrade for MANTRA. Network upgrades often introduce new features, improve security, or enhance scalability. Exchanges typically pause services during these events to prevent transaction errors or asset loss. This proactive measure protects user funds and ensures a smooth transition. The suspension will affect all MANTRA trading pairs on Upbit. Users cannot deposit or withdraw MANTRA tokens during this period. Trading on the spot market may continue, but with reduced liquidity. The exchange will resume services after confirming network stability. Timeline and Key Dates The suspension begins at 8:00 a.m. UTC on April 29. Upbit has not announced a specific end time. The duration depends on the upgrade’s complexity and network confirmation. Typically, such suspensions last from a few hours to a full day. Users should monitor Upbit’s official announcements for updates. Here is a quick timeline: April 29, 8:00 AM UTC: Deposits and withdrawals stop. During upgrade: Network upgrade executes on the MANTRA blockchain. Post-upgrade: Upbit verifies network stability and resumes services. What Is the MANTRA Network Upgrade? The MANTRA blockchain regularly undergoes upgrades to improve performance and security. This specific upgrade may introduce protocol changes or new functionalities. Network upgrades are common in the crypto space. They require node operators and exchanges to update their software. Without proper coordination, transactions could fail or lead to forked chains. Upbit’s decision aligns with industry best practices. Major exchanges like Binance and Coinbase follow similar procedures. This ensures asset safety and network integrity. Users should not attempt to send MANTRA tokens during the suspension. Such transactions may get lost or delayed. Impact on MANTRA Traders and Investors The suspension creates temporary inconvenience for active traders. Those who rely on arbitrage or quick transfers must plan ahead. Deposits and withdrawals will halt, but spot trading may remain active. However, reduced liquidity could cause price volatility. Investors holding MANTRA on Upbit should review their positions. If they need to move tokens to another exchange or wallet, they must do so before the deadline. After the suspension, no transfers are possible until the upgrade completes. Potential Price Effects Network upgrades often influence token prices. Positive upgrades can boost investor confidence and drive demand. Conversely, technical issues during upgrades may create uncertainty. Traders should watch for announcements from the MANTRA team. Clear communication can stabilize markets. Historically, similar suspensions have led to short-term price fluctuations. For example, when Upbit suspended another token for a network upgrade, the price dropped 3% before recovering. Past performance does not guarantee future results, but it offers context. How to Prepare for the Suspension Users should take these steps before the deadline: Complete pending transactions: Finalize any MANTRA deposits or withdrawals before April 29, 8:00 AM UTC. Check wallet addresses: Ensure external wallet addresses are correct to avoid errors. Monitor official channels: Follow Upbit and MANTRA on social media for real-time updates. Avoid panic selling: The suspension is temporary and standard procedure. Expert Insights on Exchange Suspensions Crypto exchange suspensions are routine but require careful handling. Industry experts emphasize the importance of user communication. Upbit’s advance notice allows users to adjust their strategies. This transparency builds trust and reduces confusion. Blockchain analyst Kim Min-ji notes: ‘Network upgrades are essential for long-term network health. Exchanges that coordinate well minimize user disruption. Upbit’s approach follows global standards.’ Her comment reflects the consensus among industry professionals. Comparing Upbit’s Policy with Other Exchanges Different exchanges handle network upgrades differently. Some pause all services, including trading. Others only halt deposits and withdrawals. Upbit’s decision to suspend only deposits and withdrawals is common. This allows users to continue trading if they choose. Here is a comparison: Exchange Action During Network Upgrade Upbit Suspend deposits and withdrawals; trading may continue Binance Suspend deposits, withdrawals, and trading for the specific token Coinbase Suspend deposits and withdrawals; trading may pause briefly This variation shows that no single approach is universal. Users must check each exchange’s policy. What Happens After the Upgrade? Once the network upgrade completes successfully, Upbit will verify the blockchain’s stability. This involves checking for new blocks, transaction finality, and node synchronization. After confirmation, Upbit will reopen deposits and withdrawals. The exchange typically announces the resumption via its official channels. Users should not rush to send tokens immediately after resumption. Wait for at least one confirmation from Upbit. This ensures the network is fully operational. Conclusion Upbit’s temporary suspension of MANTRA deposits and withdrawals on April 29 supports a necessary network upgrade. This standard procedure protects user assets and ensures a smooth transition. Traders and investors should prepare by completing transactions before the deadline. The suspension highlights the importance of network maintenance in the crypto ecosystem. Stay informed through official channels to avoid disruptions. The MANTRA suspension is a routine event, but proper planning minimizes its impact. FAQs Q1: When does the Upbit MANTRA suspension start? The suspension begins at 8:00 a.m. UTC on April 29. Q2: Will MANTRA trading stop during the suspension? Trading may continue, but deposits and withdrawals will halt. Check Upbit’s announcement for specifics. Q3: How long will the suspension last? The duration is not fixed. It depends on the network upgrade. Typically, it lasts a few hours to a day. Q4: Can I send MANTRA to another wallet after the suspension? No. Deposits and withdrawals are suspended. Wait until Upbit resumes services. Q5: What should I do if I have pending transactions? Complete all MANTRA deposits or withdrawals before the April 29 deadline. This post Upbit MANTRA Suspension: Critical Network Upgrade Halts Deposits and Withdrawals first appeared on BitcoinWorld .

22 Apr 2026, 10:10

Bitcoin 'Bull Score' hits six-month high as 2022 bear-market fears linger

Bitcoin price metrics saw a broad recovery in April, but analysis warns that the 2022 bear-market breakdown could still repeat.

22 Apr 2026, 10:06

Can Ethereum hit $2,746 as whales accumulate 700K tokens this week?

The cryptocurrency market has switched bullish once again after a bearish start to the week. Following the crypto market recovery over the past week, several Ethereum (ETH) onchain metrics are demonstrating notable changes. Bitcoin hit the $78,100 level earlier on Wednesday, while Ethereum is now approaching $2,400 once again. The rally comes after President Donald Trump announced that he would extend the Iran ceasefire indefinitely. However, he added that the US would hold off on fresh attacks while keeping its Strait of Hormuz blockade in place. Whales acquire more Ether tokens Whales are taking advantage of the bullish narrative in the market to purchase more Ether tokens. On-chain data revealed that wallets with a balance >10,000 ETH, also known as whales, accumulated nearly 700,000 ETH between Thursday and Monday. Part of that figure stems from Ethereum treasury firm BitMine Immersion Technologies (BMNR), which acquired over 101,000 ETH last week. Smart money tracker Lookonchain revealed that there were several whale buying activities over the past week. Notably, a newly created wallet withdrew 35,000 ETH from crypto exchange Binance in the early American session on Tuesday and transferred it to digital asset custodian BitGo. However, retailers or investors holding 100-10,000 ETH largely held steady, adding minimal amounts to their holdings over the past week. This is in contrast to their behavior since early March, when they resumed distribution. The bullish sentiment is also evident in Ethereum exchange reserves, which have fallen by roughly 458,000 ETH since Thursday. The decline indicates increasing buying pressure, which could push ETH’s price higher in the near term. Institutional and traditional investors also continued to show a return of risk appetite for the top altcoin. Spot ETH exchange-traded funds (ETFs) recorded eight consecutive days of net inflows totaling $493.7 million. Ethereum price forecast Similar to Bitcoin, the ETH/USD 4-hour chart remains bearish and efficient. However, it has outperformed the broader crypto market in the last seven days. Ether is trading above the 20, 50, and 100-period Exponential Moving Averages (EMAs), which are clustered between roughly $2,323 and $2,268. This stack of EMAs offers layered dynamic support, suggesting dips may continue to attract buyers. The momentum indicators also suggest a bullish narrative. The Relative Strength Index (RSI) is hovering at 62, above the neutral 50 mark, but still below the overbought region. The MACD lines are also within the positive territory, indicating that the bulls are currently in charge of the market. If the rally persists, initial resistance emerges at the horizontal barrier near $2,388. A daily candle close above this level could expose the next major resistance at $2,746. On the downside, the 100-period EMA at $2,267 and the prior trendline reference around $2,263 would provide immediate support for the buyers. A deeper slide would expose the broader structural supports at $2,211, $2,107, and $1,909. The post Can Ethereum hit $2,746 as whales accumulate 700K tokens this week? appeared first on Invezz