Bitcoin Price Charges Past $77,000, Iran Says Strait Open

Bitcoin price soared above $77,000 this morning after Iran declared the Strait of Hormuz completely open under a new ceasefire framework and President Donald Trump amplified the message with a post that highlighted full passage through the waterway. The move sharpened an existing risk-on rotation across global markets and pushed the largest cryptocurrency back toward a resistance band that has capped every rally since early February.

Iranian Foreign Minister Abbas Araghchi said the Strait of Hormuz is open to all commercial vessels for the remaining period of the ceasefire, tying the decision directly to a 10‑day truce between Israel and Hezbollah in Lebanon. 

The announcement…

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XRP Surges 12% From Its April Lows: What’s Going On?

XRP (CRYPTO: XRP) has surged 12.5% from its April low as U.S. spot ETFs recorded $41.64 million in net inflows for the week ending April 16, the largest single-week inflow in three months.

The ETF Acceleration

The weekly inflow represents a 254% jump from the prior week’s $11.75 million, the kind of acceleration that typically accompanies pattern breakouts rather than consolidation.

The last five days show consistent demand with inflows of $11.87 million, $17.11 million, $11.20 million, $1.46 million, and $9.09 million. 

Cumulative inflows have reached $1.26 billion, pushing total assets past $1.08 billion.

Bitwise and Franklin products continue to lead flows, while Grayscale shows mixed…

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Cardano CEO Announces Breakthrough: Can ADA Break Out?

Cardano (CRYPTO: ADA) CEO Frederik Gregaard said the network cut audit costs by 50% for institutions and listed a $100 million reinsurance product on the London Stock Exchange.

The Audit Cost Breakthrough

The Cardano Foundation posted 7,000 financial transactions using a product called Leccia on the blockchain.

Grant Thornton then used legal entity identifiers to download all transactions, compare them to the bookkeeping ledger, and sign the audit.

The process proved institutions can lower audit costs by nearly 50% while moving from spot checks to full architectural audits that examine all transactions, Gregaard told Cointelegraph at Paris Blockchain Week.

“Instead of a spot check of…

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Dogecoin Whales Go On An Accumulation Spree As DOGE Rallies On Iran Peace Optimism

Signs of easing geopolitical tensions have lifted cryptocurrencies, including Dogecoin (CRYPTO: DOGE), and whales have started loading up on the memecoin.

Whales Getting Ready For DOGE’s Leg Up?

Widely followed cryptocurrency analyst Ali Martinez highlighted in an X post on Thursday that large investors bought around 330 million DOGE tokens this week. At the prevailing prices, this amounted to $32.34 million

Hope Builds for Iran War Resolution

President Donald Trump’s string of positive remarks on the Iran conflict has reignited risk-on sentiment, boosting cryptocurrencies—including Dogecoin. The top memecoin has rallied over 6% in the past week.

Notably, Martinez had identified…

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Pakistan’s Crypto Leap Leaving India Behind? Here Are How The Two South Asian Countries Compare – TRX Gol

Pakistan has lately accelerated efforts to integrate cryptocurrencies into its financial system, while neighboring rival India continues to take a more cautious approach, with limited progress toward comprehensive regulation.

Pakistan’s Ambitious Crypto Push

In a notable shift, Pakistan’s central bank now allows banks to service licensed virtual asset providers, marking the end of an eight-year lull in regulated cryptocurrency activity.

Bilal Bin Saqib, Chairman of the country’s federal regulator for virtual assets, said that the country will now move from “restriction to regulation,” and “from ambiguity to institutional clarity.”

Pakistan Attracting Big Players

The move is part…

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Iran To Surrender Enriched Uranium? Crypto Prediction Market Prices In Higher Odds As Trump Hints At Nucl

Cryptocurrency bookmakers significantly raised odds of Iran surrendering its enriched uranium stockpile after President Donald Trump claimed the Middle-Eastern country agreed to abandon nuclear weapons.

Polymarket Traders Raise Optimism

The odds of this happening by the end of June spiked 14 percentage points to 65%, while the chances of this happening anytime before the end of 2026 rose to 72%.

The bet has already garnered over $1 million in wagers on the outcome. To qualify, Iran must publicly commit to transferring all or part of its enriched uranium stockpile to an entity outside its jurisdiction and influence.

Meanwhile, the odds that Iran ends uranium enrichment rose, with punters…

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How Michael Saylor’s Bitcoin Buys Could Fuel A Supply Squeeze – Grayscale Bitcoin Mini Trust (BTC) (ARCA:

Bitcoin (CRYPTO: BTC) could be heading toward a potential supply squeeze, fueled by aggressive institutional accumulation and a tightening available supply in the market.

Saylor’s Buying Strategy In Focus

The company has consistently raised capital and deployed it into Bitcoin purchases, creating a steady and highly visible source of demand.

This repeatable strategy is seen as “structural demand,” gradually removing circulating supply and reinforcing bullish sentiment among investors.

Beyond Saylor’s accumulation, broader institutional participation is accelerating.

These developments are contributing to a more mature and demand-driven market, with ETFs acting as a key channel for capital…

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Czech National Bank Governor Will Soon Speak On Why They’re Diversifying Their Reserves With Bitcoin

Aleš Michl has been officially confirmed as a speaker at Bitcoin 2026, where he will deliver a keynote titled “Diversifying Central Bank Reserves With Bitcoin” on April 28 at 10:20 AM PT on the Nakamoto Stage at The Venetian Resort in Las Vegas. Michl serves as Governor of the Czech National Bank (CNB) — and his presence at the event marks a significant moment as he becomes the first central bank governor to speak at The Bitcoin Conference.

In January 2025, Michl proposed allocating up to 5% of the CNB’s €140 billion reserves into Bitcoin, citing its low correlation with traditional assets like bonds as a key factor making it an attractive diversification option. The…

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Has Bitcoin Bottomed? No, But It Could In May, Analyst Says

Bitcoin (CRYPTO: BTC) could form a market bottom as early as May, according to crypto analyst Benjamin Cowen, though such a scenario would likely require a sharp capitulation event.

Early Bottom Possible, But Unlikely

In his Apr. 15 podcast, Cowen said the base-case outlook still points to a later bottom, likely around October 2026, in line with historical market cycles.

While a May bottom is possible, it remains a lower-probability scenario unless price action deviates significantly from past patterns.

He noted that the current cycle closely resembles previous midterm-year behavior, where markets tend to move sideways before a more decisive phase later in the year.

Cowen compared the…

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