Fed’s Kashkari hints at liquidity support — Is $100K Bitcoin back on the table?

Neel Kashkari, President of the Minneapolis Federal Reserve, addressed the issue of rising Treasury yields on April 11, suggesting that they might indicate a shift in investor sentiment away from United States government debt. Kashkari highlighted that the Federal Reserve has tools to provide more liquidity if necessary.

While underscoring the importance of maintaining a strong commitment to reducing inflation, Kashkari’s remarks signal a possible turning point for Bitcoin (BTC) investors amid growing economic uncertainty. 

US Treasury 10-year yields. Source: TradingView / Cointelegraph

The current 10-year US government bond yield of 4.5% is not unusual. Even if it approaches 5%, a level last seen in October 2023, this does not necessarily mean investors have lost confidence in the Treasury’s ability to meet its debt obligations. For example, gold prices only surpassed $2,000 in late November 2023, after yields had already decreased to 4.5%.

Will

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Bitcoin’s 10% weekly gain amid worrying US economic data shows crypto trader sentiment shift

A key Bitcoin (BTC) metric signaled a potential shift in its positioning after BTC’s long-term holder realized cap (LTH Realized Cap) surpassed $18 billion for the first time since September 2024. Data from CryptoQuant indicated that this cohort has exhibited aggressive accumulation, which previously marked the BTC bottom in Q3 2024. 

The LTH realized cap measures the BTC cost basis of investors, holding their allocation for 155 days or more. A sharp increase hints that these long-term holders are in an accumulation phase, parallel with bullish behavior. 

Bitcoin LTH net position realized cap. Source: CryptoQuant

As illustrated in the chart, a spike in this metric has preceded bullish rallies in the past. Most recently, the LTH realized cap reached $18 billion on Sept. 8, 2024, after which Bitcoin registered 100% returns over the next few months. 

Another key confluence that matches the current bottom

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Trump kills DeFi broker rule in major crypto win: Finance Redefined

Trump kills DeFi broker rule in major crypto win: Finance Redefined, April 4–11

In a significant win for decentralized finance (DeFi) protocols, US President Donald Trump overturned the Internal Revenue Service’s DeFi broker rule, which would have expanded existing reporting requirements to include DeFi platforms.

Increasing US crypto regulatory clarity will attract more tech giants to the space, requiring existing crypto projects to focus on more collaborative tokenomics to survive, according to Cardano founder Charles Hoskinson.

Trump signs resolution killing IRS DeFi broker rule

Trump signed a joint congressional resolution overturning a Biden administration-era rule that would have required DeFi protocols to report transactions to the Internal Revenue Service.

Set to take effect in 2027, the IRS DeFi broker rule would have expanded the tax authority’s existing reporting requirements to include DeFi platforms, requiring them to disclose gross proceeds from crypto sales, including information regarding

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Bitcoin sellers tap out, clearing the path for a fresh run at new all-time highs

Bitcoin (BTC) price has rebounded by over 11% from the April. 7 low of $74,400, and analysts believe that onchain and technical indicators point to a sustained recovery.

According to popular analyst AlphaBTC, Bitcoin will see a sustained recovery if it holds above $81,500.

Bitcoin price reclaimed the $80,000 psychological level after retesting the “weekly open and filling in some of the inefficiency left by the Trump 90-day pause pump,” the analyst said in an April 10 post.

“I really want to see it back above 81.5k soon, and we may see a bit more sustained upside as shorts get squeezed.”

BTC/USD four-hour chart. Source: AlphaBTC

Similar sentiments were shared by fellow analyst Rekt Capital, who said that Bitcoin needs to produce a weekly close above $80,500 to increase the chances of recovery.

“Bitcoin has recently

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Pakistan proposes compliance-based crypto regulatory framework — Report

Regulators in Pakistan have proposed a regulatory framework for digital assets that is compliance-focused, in accordance with rules laid out by the Financial Action Task Force (FATF), the supranational organization that polices finance for money laundering, The Express Tribune reported.

According to the report, Pakistan’s Federal Investigation Agency (FIA) introduced the regulatory framework to address terrorism financing, money laundering provisions, and Know Your Customer (KYC) controls enforced by the supranational organization. The report cited FIA Director Sumera Azam as saying:

“This is a paradigm shift in how Pakistan views digital finance. The policy proposal seeks to strike a historic balance between technological advancement and national security imperatives.”

The proposed framework is subject to legislative approval and input from digital asset firms operating in the country, with an expected multi-phased rollout beginning in 2026.

Regulators in Pakistan recently spearheaded a regulatory pivot embracing cryptocurrencies after being explicitly anti-crypto for years.

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S&P 500 briefly sees ‘Bitcoin-level’ volatility amid Trump tariff war

The S&P 500 Index briefly experienced Bitcoin-level volatility in the wake of US President Donald Trump’s April 2 “Liberation Day” tariff announcement, underscoring the panic and fear gripping traditional markets amid the ongoing trade war. 

Bloomberg analyst Eric Balchunas alerted his followers on X that the S&P 500’s volatility, as measured by the “SPY US Equity Hist Vol” chart, reached 74 in early April, exceeding Bitcoin’s (BTC) 71 level. 

Source: Eric Balchunas

The increase marks a significant deviation from the S&P 500’s long-term volatility average, which is below 20. 

For Bitcoin though, extreme volatility has been a feature since the asset’s inception. 

“Bitcoin’s volatility remains elevated at 3.9 and 4.6 times that of gold and global equities, respectively,” according to BlackRock. 

While Bitcoin’s average volatility has declined over time, it tends to experience much higher price swings than more established assets. Source: <a data-ct-non-breakable="null" href="https://www.ishares.com/us/insights/bitcoin-volatility-trends" rel="null"

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Price analysis 4/11: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, LEO, LINK, AVAX

Bitcoin (BTC) is showing strength as buyers have pushed the price above $82,500, but higher levels are likely to attract solid selling from the bears. CryptoQuant analysts said in a recent market report that Bitcoin could face resistance around $84,000, but if the level is surpassed, the next stop may be $96,000.

Although trade tensions between the United States and China have flared up, institutional crypto investment firm Bitwise remains bullish on Bitcoin. Bitwise chief investment officer Matt Hougan said in a post on X that the firm’s previously predicted year-end target of $200,000 for Bitcoin remains in play.

Crypto market data daily view. Source: Coin360

However, market participants remain cautious in the near term. The US-listed spot Bitcoin exchange-traded funds continued to witness outflows on April 9

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Bitcoin holds $82K as US dollar falls to 3-year low and PPI inflation drops sharply

Bitcoin (BTC) sought higher levels around the April 11 Wall Street open as the week’s final US inflation data gave bulls hope.

BTC/USD 1-hour chart. Source: Cointelegraph/TradingView

Analyst: PPI undershoot “great” for US trade war

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching highs of $83,245 as US Producer Price Index (PPI) data came in below expectations.

The Index came in at 2.7% versus the anticipated 3.3%, while the core PPI print also surprised to the downside.

An official news release from the US Bureau of Labor Statistics (BLS) added:

“In March, over 70 percent of the decrease in the index for final demand can be traced to prices for final demand goods, which fell 0.9 percent. The index for final demand services declined 0.2 percent.”

US PPI for final demand. Source: BLS

Reacting, trading resource

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Speculation is DeFi’s double-edged sword

Opinion by: Billy Campana, contract developer, Api3 

Speculation is a cornerstone of price discovery for traditional finance institutions like hedge funds and major banks and plays an essential role in their day-to-day operations. It is the mechanism by which they can establish reliable valuations for everything, ranging from simple stocks and bonds to complex derivatives and structured products. 

While decentralized finance (DeFi) is often criticized for its speculative “casino” nature, this is, in reality, one of its strengths: making practices like arbitrage more accessible to everyone and empowering individuals to participate in opportunities once out of reach

DeFi’s volatility

Critics have highlighted DeFi’s extreme volatility, a concern exemplified by Ether’s (ETH) recent 15% price drop that triggered over $100 million in long position liquidations. These dramatic market movements continually test market resilience and investor confidence in the ecosystem. 

The accusations that DeFi platforms function essentially

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Vitalik Buterin unveils roadmap for Ethereum privacy

Ethereum co-founder Vitalik Buterin outlined an extensive plan to enhance the privacy of the network he helped create.

In an April 11 roadmap, Buterin argued for incorporating privacy tools into Ether (ETH) wallets and implementing privacy-enhancing norms and features in the Ethereum ecosystem and protocol. He explained that the roadmap in question is a short-term solution that requires limited changes to the base protocol along with supplemental long-term updates.

Buterin recommends adopting privacy-enhancing systems such as Railgun or Privacy Pools by existing wallets, according to the plan. When funds are sent with those wallets, he argues that users should be greeted by an option to “send from shielded balance,” which anonymizes the transaction, and should be “ideally turned on by default.” He wrote:

“Users should NOT have to download a separate ‘privacy wallet.’“

Related: Privacy Pools launch on Ethereum, with Vitalik demoing the feature

Major

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