News
13 Apr 2026, 20:02
XRP Chaos: $120M Whale Transfer To Coinbase Shakes Market as Analyst Predicts Mega Bull Run

A major transfer of XRP to Coinbase was recorded today, drawing market attention and sparking speculation that a large holder may be preparing to take profits.
13 Apr 2026, 20:00
Bitcoin Slides As Failed Diplomacy Sparks Wave Of Shorting Activity

Bullish momentum appears to be fading on the Bitcoin market as the price of the leading cryptocurrency asset gradually falls back toward the $70,000 level. The growing bearish momentum is driven by heightened selling pressure across the market, backed by a confluence of macroeconomic and political events. Geopolitical Shock Drives Bitcoin Short Interest Several negative factors across the broader cryptocurrency sector and the world are bolstering Bitcoin’s recent pullback. Currently, heightened macroeconomic and geopolitical tensions are once again spilling into the crypto market, causing Bitcoin and other digital assets to retest key support price levels. In an X post, Darkfost, a verified CryptoQuant author and data analyst, revealed that BTC is experiencing renewed heavy short pressure following the breakdown of the US-Iran talks. After a week of suggesting an improvement in the geopolitical situation, the expert argues that the negotiations scheduled for this weekend will ultimately put an end to that hope. Due to the unsuccessful negotiations, there is now more uncertainty in the global markets, which has caused traders to take more short positions. At this point, Bitcoin’s price action is now being shaped by macro headlines, flipping sentiment toward a more cautious and volatile state . The news about the unsuccessful negotiations was announced by US Vice President JD Vance during the weekend. According to Vance, no agreement had been reached between Iran and the US, especially due to ongoing disagreements over nuclear issues. Following the announcement, the price of BTC fell by around 3%, revisiting the $70,000 range. BTC Sell Volume On Binance Sees Sharp Growth Darkfost highlighted that investors remain bearish and are leading toward the downside despite a drawdown of nearly 42% from its last peak. At the time of the post, sell volume on Binance derivatives was valued at nearly $1 billion, reinforcing the selling pressure. The rise in sell volume underscores the level of uncertainty across the BTC market, as evidenced by the wave of bearish positioning from both small and large investors. Shorts continue to dominate funding rates, which are currently negative at -0.0065%. For reference, a 0.01% implicit interest rate is incorporated into Binance’s funding rate calculation. When funding rates drop below this level, it often indicates that short positions are already the dominant part of the market. This trend reflects significant bearish pressure in the very short term . However, the market has historically tended to move against the majority when this type of consensus is formed. As a result of this, the dynamic is typically more subtle during bear markets. Even when it causes short-term reactions, their scope and duration are often constrained. With shorting activity building among investors , the focus now shifts to whether the fresh wave of uncertainty will lead to more declines or pave the way for a dramatic reversal in the near term.
13 Apr 2026, 20:00
Can STABLE target $0.034 after a strong bounce from KEY support?

Stable's bounce from $0.025 reinforces the bullish trend, with support intact and buyers defending structured positions.
13 Apr 2026, 19:59
Bitcoin erases weekend decline, returns to $73,400 as oil retreats back under $100

Risk assets shrugged off the failed weekend negotiations between the U.S. and Iran, and the U.S. blockade of the Strait of Hormuz.
13 Apr 2026, 19:55
Kraken refuses to pay criminals who threatened to leak videos of insider data access

Numerous security issues and growing international tensions have put the crypto industry on edge. Law enforcement agencies throughout the world are attempting to recover digital assets worth billions of dollars that have been stolen, while a major exchange is fighting an internal extortion effort. Kraken, a cryptocurrency exchange based in San Francisco, has admitted that two of its support staff members were found to have obtained customer data without authorization, and that a criminal group then tried to use that information to shut down the company. The attackers threatened to broadcast the films to news outlets and share them on social media if the exchange failed to provide money. In a post on X, Nick Percoco, Chief Security Officer at Kraken, discussed the matter and described how both incidents were found and dealt with. The first was discovered in February 2025 when a support team member’s access was promptly terminated after the company received a tip regarding a film that was making the rounds on a criminal online forum. Another employee was fired after a second video appeared more recently. Regarding the degree of exposure, Percoco stated on X: “Across both incidents, only a very small number of client accounts were potentially viewed, approximately 2,000 in total (0.02% of clients).” He also added “Systems were never breached; funds were never at risk; we will not pay these criminals; we will not ever negotiate with bad actors.” Kraken stated that in order to find the culprits, it is collaborating with cybersecurity experts and federal law enforcement in a number of nations. The business reported that this type of operation, in which thieves attempt to recruit or coerce workers at telecoms, gaming platforms, and cryptocurrency companies, is becoming increasingly prevalent throughout the sector. Global crackdown on crypto theft gains ground Globally, law enforcement is making strides against bitcoin theft. Large-scale cryptocurrency fraud was the target of Operation Atlantic, a coordinated effort by US, UK, and Canadian agencies. Over $45 million in stolen money was found during the operation, and about $12 million of it was frozen. The week-long effort focused on a tactic known as approval phishing, which is used in so-called “pig butchering” scams. In these schemes, victims are manipulated into handing over full control of their crypto wallets to scammers. Investigators identified more than 20,000 compromised wallet addresses spread across 30 countries and took down over 120 fake websites used in the scams. Separately, the US government announced the seizure of more than $14 billion in Bitcoin tied to a criminal network based in Cambodia. Geopolitical tensions drag Bitcoin below $70,000 Even if those victories are noteworthy, events outside of the cryptocurrency space have been hurting the overall market. Following the collapse of peace talks between the United States and Iran in Islamabad, Pakistan, Bitcoin plunged below $70,000. Investors were alarmed by the breakdown, which led to a sell-off that destroyed almost $350 million in long bets. Tensions rose further when President Donald Trump threatened to block the Strait of Hormuz, a move that sent Bitcoin down 3% in just two hours. Adding to the pressure, the US Consumer Price Index climbed to 3.3% in March. Some analysts warn that if the conflict deepens, inflation could hit 4%, which would likely push the Federal Reserve to hold off on cutting interest rates. Oil prices have also climbed to $84 per barrel, adding to the gloomy outlook. A recovery in crypto markets, experts say, will depend on a ceasefire, oil prices falling back below $80, and better economic figures coming through. For now, big investors are sitting on their hands, with money flowing into Bitcoin exchange-traded funds largely stalled. The combination of high-stakes geopolitics and insider exploitation shows that the biggest weaknesses in cryptocurrency are still human-centric rather than solely algorithmic. Bitcoin’s price stability is now linked to both network security and international diplomacy as it increasingly resembles traditional macro assets. Don’t just read crypto news. Understand it. Subscribe to our newsletter. It's free .
13 Apr 2026, 19:52
White House advisor: CLARITY Act nears Senate with stablecoin yield at center

🚨 White House advisor brings CLARITY Act update to Solana Summit. Bill to define digital assets heads to Senate Banking Committee review. Continue Reading: White House advisor: CLARITY Act nears Senate with stablecoin yield at center The post White House advisor: CLARITY Act nears Senate with stablecoin yield at center appeared first on COINTURK NEWS .









































