XRP price analysts project $10 next, ‘optimistic’ target of $20

XRP (XRP) price is up 15% over the past seven days from a low of $1.61. According to several technical analysts, a sustained recovery daily close above $2.20 will signal a strong trend reversal that could put double digits within reach. XRP/USD daily chart. Source: Cointelegraph/TradingView XRP price must reclaim $2.20 After the cryptocurrency market experienced …

Only 11% of El Salvador’s registered Bitcoin firms operational

Only 20 of the 181 Bitcoin service providers registered with El Salvador’s central bank are operational, with the rest failing to meet the country’s requirements under its Bitcoin Law.  Local media outlet El Mundo cited data from the Central Reserve Bank of El Salvador, showing that 11% of the service providers are operational. According to …

Bitcoin shows growing strength during market downturn — Wintermute

Bitcoin is showing growing resilience to macroeconomic headwinds compared with traditional financial markets, according to an April 14 report from crypto market maker Wintermute. The report noted that Bitcoin (BTC) has held up relatively well during the ongoing market downturn, even as the S&P 500 and Nasdaq dropped to their lowest levels in a year …

Can 3-month Bitcoin RSI highs counter bearish BTC price 'seasonality?'

Bitcoin (BTC) demands a breakout as a key leading indicator reaches its highest levels since January. Data from Cointelegraph Markets Pro and TradingView shows the relative strength index (RSI) hinting at more BTC price gains next. Bitcoin RSI breakout has days to “full confirmation” Bitcoin bull runs traditionally begin with telltale RSI signals, and on …

Binance, KuCoin, MEXC report service issues due to AWS network interruption

Binance, KuCoin, MEXC and other exchanges and wallet providers are experiencing service issues due to a significant network interruption by Amazon Web Services (AWS). Centralized cryptocurrency exchanges (CEXs) have been hit by an AWS data center outage, which reported “connectivity issues” that affected at least 12 of its services on April 15. AWS Service health. …

Ethereum could be AI’s key to decentralization, says former core dev

There is a “huge opportunity” for Ethereum to become a decentralized partner in solving current problems with artificial intelligence platforms, according to a former core Ethereum developer.  Ethereum’s “biggest mainstream moment is waiting in the wings with AI,” said Eric Connor on X on April 15.  While AI is on a fast track to reshape …

Northern Marianas vetoes bill for Tinian to launch its own USD stablecoin

The governor of the Northern Mariana Islands, a small Pacific US territory just north of Guam, has killed the legislation that would have allowed one of the territory’s local governments to launch a fully backed US dollar-pegged stablecoin. In an April 11 letter seen by Cointelegraph, Northern Mariana Islands Governor Arnold Palacios said he vetoed …

Meta gets EU regulator nod to train AI with social media content

Tech giant Meta has been given the green light from the European Union’s data regulator to train its artificial intelligence models using publicly shared content across its social media platforms. Posts and comments from adult users across Meta’s stable of platforms, including Facebook, Instagram, WhatsApp and Messenger, along with questions and queries to the company’s …

US has ‘countless’ ways to bolster Bitcoin reserve: Bo Hines

The US is exploring many ways to increase its Bitcoin reserve without taxpayer dollars, including through tariff revenue and revaluing the government’s gold certificates, according to the executive director of the Trump administration’s crypto council. “We’re looking at many creative ways, whether it be from tariffs, there’s literally countless ways in which you can do …

Crypto exec warns of ‘ELUSIVE COMET’ threat after losing 75% of assets

The chief executive of non-fungible token platform Emblem Vault is warning X users to be wary of the video meeting app Zoom after a nefarious threat actor known as “ELUSIVE COMET” recently stole over $100,000 of his personal assets.  On April 11, Emblem Vault CEO, podcaster and NFT collector Jake Gallen said on X that …