Bitcoin climbed back above $72,000 as hopes for an agreement between the U.S. and Iran lift the market.

Notable Statistics:

Coinglass data shows 153,900 traders were liquidated in the past 24 hours for $247.07 million.       

SoSoValue data shows net inflows of $256.8 million from spot Bitcoin ETFs on Friday. Spot Ethereum ETFs saw net inflows of $64.95 million.

In the past 24 hours, top gainers include RaveDAO, Venice Token and PancakeSwap.

Notable Developments:

Trader Notes:

According to Michael van de Poppe, Bitcoin is positioning for a potential breakout, with three key scenarios in play.

The first scenario involves an immediate breakout toward $80,000, supported by…

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XRP (CRYPTO: XRP) is trading inside a giant 9-year ascending triangle on the monthly chart with options volume surging 215.78% to $3.76 million.

The 9-Year Ascending Triangle

Since 2017, the script has remained the same: XRP hits the upper resistance, gets rejected, and retraces to find its floor at the rising trendline.

After the recent August 2025 rejection, Ali Charts is watching for a retest of the macro support between $0.75 and $0.80. 

He views this zone as the ultimate “buy the dip” opportunity before the triangle finally reaches its apex.

“When a 9-year consolidation finally breaks, the move is usually historic,” Ali Charts wrote on X. 

The Paris Blockchain Week

XRP Ledger is…

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Circle Internet (NASDAQ:CRCL) CEO Jeremy Allaire said the company only freezes USDC wallets when law enforcement or courts direct it to do so, as shares surged 9%.

The Court-Order-Only Policy

Speaking at a press conference in Seoul, Allaire explained that USDC operates as a regulated financial product, not a tool for real-time intervention during hacks.

“Circle follows the rule of law, and we are able to undertake actions such as freezing a wallet at the direction of law enforcement or the courts,” Allaire said.

He positioned USDC as part of the traditional financial system, subject to legal process. The company won’t make freeze decisions on its own during an exploit—it waits for…

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In an Apr. 12 podcast, Cowen outlined a realistic scenario based on historical cycles.

He said Bitcoin could decline about 70% from a potential peak near $126,000, with a temporary pause after a roughly 50% drop before reaching a final bottom later in the cycle.

Such drawdowns align with past corrections of 70% to 80% and reflect a weakening macro backdrop, including a late-stage business cycle and possible recession.

By contrast, the doomer view involves a more severe and prolonged downturn tied to broader stock market weakness.

In that case, even a 70% decline may not mark the bottom, with Bitcoin potentially falling below key levels, such as ETF launch prices, and taking longer to…

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Bitmine Immersion Technologies (NYSE:BMNR) acquired 71,524 ETH last week, bringing total holdings to 4.875 million ETH representing 4.04% of total supply.

The ETH Accumulation

Bitmine now owns 4.04% of the total ETH supply of 120.7 million coins. That puts the company 81% of the way to its “Alchemy of 5%” target in just 9 months. 

Last week’s 71,524 ETH purchase marks the highest buying pace since late December.

“Bitmine has maintained the increased pace of ETH buys in each of the past four weeks, as our base case is ETH is in the final stages of the ‘mini-crypto winter,’” said Chairman Tom Lee.

The Staking Revenue

Bitmine has put 3.334 million ETH into staking, which equals $7.4…

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Bitcoin (CRYPTO: BTC) traders are closely watching whether the asset can reclaim key technical levels amid ongoing macroeconomic uncertainty.

Key Levels In Focus

In the latest Technical Roundup podcast, trader DonAlt said Bitcoin’s most important level remains a weekly close above roughly $71,000.

He noted that such a move would strengthen the case for a sustained breakout.

The previous attempt to break higher failed amid geopolitical volatility.

A second attempt is now underway, but DonAlt said consecutive failed breakouts are uncommon.

Holding above this level would likely signal further upside.

If confirmed, the next major resistance sits near $82,000. Failure to hold current levels could…

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