Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

Michael Saylor’s Strategy has acquired 34,164 BTC for about $2.54B at an average price of $74,395 per Bitcoin. This latest purchase brings its total holdings to 815,061 BTC, accumulated for roughly $61.56B at an average cost of $75,527. The firm also reports a 9.5% BTC yield year-to-date in 2026. The move highlights Strategy’s continued aggressive accumulation approach, reinforcing its long-term conviction in Bitcoin despite ongoing market volatility.

Bitcoin fell below $74,000 after weekend gains faded, following rising US-Iran tensions after a reported cargo ship seizure and retaliation threats. The price is now moving between key levels, with $74,000 as support and $76,000–$77,000 as resistance, while traders also watch a possible CME gap and liquidity zones. Sentiment remains divided between bullish continuation and deeper pullback, as geopolitical risks and high leverage continue to drive short-term volatility in the market.

Coinbase has launched crypto-backed USDC loans for UK users, powered by the Morpho protocol on Base. The feature lets users borrow USDC against BTC, ETH, and cbETH, with limits up to $5M for Bitcoin and $1M for Ethereum. Loans have flexible repayment with no fixed schedules, but require monitoring of loan-to-value ratios to avoid liquidation risk. The move expands Coinbase’s 2025 US rollout, blending DeFi infrastructure with regulated access, aiming to boost liquidity while highlighting volatility and collateral risks.

US spot crypto ETFs recorded strong institutional inflows last week, with Bitcoin ETFs attracting $996.38 million, the highest since mid January and marking a third straight week of gains. Ethereum ETFs added $275.83 million, while Solana and XRP ETFs brought in $35.17 million and $55.39 million, respectively. BlackRock’s IBIT dominated Bitcoin flows with $906 million. The surge highlights sustained institutional demand across major digital assets as ETF adoption continues to strengthen market liquidity and investor participation.

Anthony Scaramucci and analyst Back expect Bitcoin to reach between $500,000 and $1 million this cycle. Scaramucci highlights Bitcoin’s fixed supply of 21 million coins, saying a $1 million price would align with gold’s market value. Back points to rising ETF inflows, corporate accumulation, and growing institutional participation as key drivers. Bitcoin currently trades near $74,500 after peaking above $126,000 last year, reflecting ongoing volatility but strong long-term conviction among investors.

Upbit, South Korea’s largest crypto exchange, has listed PIEVERSE trading pairs against KRW, BTC, and USDT. PIEVERSE is a Web3 payment infrastructure project built for an agent native economy where humans, AI agents, and machines can transact seamlessly. It focuses on automated, verifiable, and cross-chain payments with improved transparency and efficiency. The listing is expected to increase liquidity, adoption, and market visibility as demand grows for AI-driven payment systems in the evolving digital finance ecosystem.

KelpDAO suffered a $290M exploit on April 18, 2026, after attackers used a highly targeted cross-chain message spoofing attack. According to post-incident analysis, North Korea’s Lazarus Group is the likely source. The attackers compromised and poisoned RPC nodes used by LayerZero’s DVN system, then triggered a DDoS to force failover to malicious nodes, allowing fake cross-chain messages to pass validation. The root issue was KelpDAO’s 1/1 DVN setup, which had no redundancy or backup verifiers. Only rsETH was affected, with no protocol-wide contagion, and infrastructure has since been replaced and secured.

RAVE token collapsed by about 95% after allegations of market manipulation rattled traders. Launched in December 2025, RAVE spiked from under $1 to nearly $28 within 10 days before tumbling to around $0.70 by April 20. Crypto analyst ZachXBT reported that nine addresses linked to the project held most of the supply and moved funds to major exchanges, wiping out billions in value. Several exchanges said they would investigate the activity, while the RaveDAO team denied any misconduct. Traders reacted with frustration as billions in value evaporated.

Polymarket is in talks to raise 400 million dollars in fresh funding, which could value the company at about 15 billion dollars, up sharply from its 9 billion dollar valuation in late 2025 following Intercontinental Exchange’s investment. The platform has experienced rapid growth, with March trading volume surpassing 10.5 billion dollars and daily revenue close to 1 million dollars, attracting investors who believe its decentralized structure and post-election momentum give it strong long-term potential despite competition from Kalshi.

Crypto investigator ZachXBT has raised serious concerns about manipulation in the RAVE token. He said activity linked to Binance, Bitget, and Gate shows insiders controlling over 90% of supply and influencing price movements. He described coordinated pump and dump behavior targeting retail investors. ZachXBT also offered a $25K bounty for proof. Following the claims, Bitget CEO Gracy Chen confirmed that an internal investigation has started and promised action if misconduct is confirmed across exchanges globally now ongoing.