Crypto News

Bitcoin ETFs Soar With $381 Million Inflows As Recovery Gains Momentum

Bitcoin ETFs extended their recovery with an impressive $381 million in inflows, marking the second straight day of net gains. Ether ETFs, however, continued to struggle with more outflows. Bitcoin ETFs Rally Led by ARKB and FBTC With Ether ETFs Still in Retreat Momentum returned to bitcoin ETFs in a big way on Monday, AprilSource link

AVAX Surges 10.7% as Bullish Breakout Signals Strong Momentum

Avalanche's AVAX token has broken out of its multi-week correction phase, demonstrating remarkable strength despite ongoing geopolitical tensions affecting cryptocurrency markets. The broader market gauge, CoinDesk 20 Index (DLCS), has demonstrated exceptional bullish momentum, surging from 1403.33 to 1461.17 in the last 48 hours, representing a 4.12% gain, while the overall range spans 95.56 points (6.97%) from the low of 1365.61 to the high of 1461.17.The recent price action of AVAX shows accelerated momentum with the formation of a bull flag pattern and decisive breakout above $20.40, coinciding with significant institutional developments in the ecosystem, according to CoinDesk Research's technical analysis data. Technical Analysis HighlightsAVAX demonstrated remarkable strength, surging from 18.87 to 20.89, representing a 10.7% gain. Price action reveals...

Bitcoin Tops $90K as Markets Rebound Despite Tariff Friction

The top digital asset roared past $90K on Tuesday morning as both traditional and crypto markets saw positive momentum despite Trump fumbling a trade deal with Japan. BTC Rally Defies Trade War Fears, Hits $90K Milestone Markets have been going haywire lately due to unresolved tariff concerns, but stock indices, the crypto market, and bitcoin,Source link

Arch Labs Raises $13M in Funding for Bitcoin-Based Smart Contracts

Bitcoin decentralized finance (DeFi) developer Arch Labs raised $13 million in funding toward building "ArchVM," which the developers say will provide smart-contract functionality on the original blockchain.The funding round, which valued the company at $200 million, was led by Pantera Capital, according to an announcement on Tuesday.Arch's plans to enable decentralized applications and protocols natively on Bitcoin.ArchVM will handle off-chain computations to enable "Turing-complete smart contracts at the Bitcoin base layer" and provide Solana-like transaction speeds, Arch Labs said in the announcement.The goal of introducing smart contracts to Bitcoin began to gather steam in October with the release of the BitVM computing language. Numerous projects are now using BitVM as the basis for bringing smart contracts to Bitvcoin via layer-2...

Bitcoin Surges Since Trump ‘Liberation Day’—But Solana Outperforms

Solana has spiked more than 14% since April 2 when U.S. President Donald Trump imposed his global tariffs.Source link