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blockonomi.com $13M Grinex Hack Triggers Shutdown of Sanctions-Linked Exchange

TLDR: Grinex halted operations after a cyberattack drained over $13M in user crypto wallets. Elliptic traced rapid USDT transfers across TRON and Ethereum networks post-breach activity. The exchange is linked to Garantex, previously sanctioned for illicit crypto transaction flows. On-chain data shows $15M in suspicious transfers executed shortly after the hack incident. Grinex suspended operations [...] The post $13M Grinex Hack Triggers Shutdown of Sanctions-Linked Exchange appeared first on Blockonomi.

forklog.media Public Miners Offload Record 32,000 BTC in a Quarter

In the first quarter, mining companies sold more bitcoins than in the entire year of 2025, according to data from TheEnergyMag.  Source: TheEnergyMag.  Together, MARA, CleanSpark, Riot, Cango, Core Scientific, and Bitdeer sold over 32,000 BTC. This volume surpasses the second quarter of 2022, when miners liquidated 20,000 BTC following the collapse of the Terra (LUNA) ecosystem. High Breakeven Threshold Companies are compelled to sell cryptocurrency amid a record low hashprice, which remains below $35 per PH/s per day. Source: Hashrate Index.  The $35 per PH/s level is the breakeven point for many bitcoin miners, particularly those with older equipment.  With the current hashprice around $33 per PH/s per day, approximately 20% of the industry is operating at a loss. Meanwhile, the difficulty of mining digital gold and the network's hashrate continue to rise. Although in the first quarter the total computing power of the first cryptocurrency's blockchain decreased by 6%, it remains near its historical peak.  Source: Hashrate Index.  Long-term Trend  Bitcoin miners' reserves have been gradually declining since 2023, according to CryptoQuant. At the end of 2023, miners collectively held 1.86 million BTC. Currently, their balances have reduced to 1.8 million BTC. Source: CryptoQuant.  Typically, miners sell only a portion of their bitcoin reserves to cover operational expenses. However, the downturn in the crypto market and rising energy costs have forced some players to liquidate coins from corporate treasuries.  In a sector report, CoinShares analysts warned that they expect further miner capitulation. The main condition for stabilizing the industry remains an increase in the price of the leading cryptocurrency.  In March, Wintermute specialists stated that the traditional bitcoin mining model is becoming obsolete. 

bitcoinist.com Bitcoin Created By The CIA? Chinese Professor Jiang Xueqin Makes Bold Claim

Chinese-Canadian educator and Predictive History host Jiang Xueqin has stirred debate after arguing that Bitcoin may have been created by the CIA or a broader US “deep state,” rather than by the pseudonymous Satoshi Nakamoto. The claim, made on the April 15 episode of the Jack Neel Podcast, quickly drew pushback from prominent Bitcoin commentators […]

blockonomi.com Bitcoin Miners Sell Record 32K BTC in Q1 2026 as Hashprice Pressure Mounts

TLDR: Public miners sold over 32,000 BTC in Q1 2026, breaking the previous record set during the 2022 Terra-Luna collapse.. Hashprice sits near $33/PH/s/day, below the ~$35 breakeven, leaving roughly 20% of miners operating at a loss. American Bitcoin holds 7,000+ BTC with $25/PH/s production costs, choosing accumulation over selling amid the downturn. New West [...] The post Bitcoin Miners Sell Record 32K BTC in Q1 2026 as Hashprice Pressure Mounts appeared first on Blockonomi.

blockonomi.com The Arbitrum Price Prediction That Keeps Getting Worse While Pepeto Quietly Locks In the Real Entry

The arbitrum price prediction just took another hit after Grayscale cut ARB from its Q2 2026 watchlist, dropping the Layer-2 token from review entirely. ARB trades at $0.11, still 95% below its $2.39 peak, and a 92.65 million token unlock lands on April 16, dumping another $10.41 million in supply onto a chart that already broke [...] The post The Arbitrum Price Prediction That Keeps Getting Worse While Pepeto Quietly Locks In the Real Entry appeared first on Blockonomi.

bitcoinist.com Ethereum Exchange Supply Is Back to 2021 Levels: Learn What Happens When Demand Returns

Ethereum is pushing against resistance just below $2,400, trying to extend a recovery that has brought it back from the lows near $1,750 set during February’s sharp capitulation. The market remains uncertain, and every attempt at higher levels has been met with selling pressure that reflects the broader caution defining crypto right now. But a […]

news.bitcoin.com Cryptoquant Data Shows Whale Deposits at Highest Level Since July 2024 Near Bitcoin Key Resistance

Bitcoin has rallied to its highest price since Feb. 4, 2026, but onchain data from Cryptoquant shows the move is now running into a historically significant resistance level that has stopped previous bear market rebounds. Key Takeaways: Bitcoin is testing Cryptoquant’s Traders’ Realized Price at $76,800, a resistance level that capped the January 2026 rally. […]

blockonomi.com $13M Grinex Hack Triggers Shutdown of Sanctions-Linked Exchange

TLDR: Grinex halted operations after a cyberattack drained over $13M in user crypto wallets. Elliptic traced rapid USDT transfers across TRON and Ethereum networks post-breach activity. The exchange is linked to Garantex, previously sanctioned for illicit crypto transaction flows. On-chain data shows $15M in suspicious transfers executed shortly after the hack incident. Grinex suspended operations [...] The post $13M Grinex Hack Triggers Shutdown of Sanctions-Linked Exchange appeared first on Blockonomi.

news.bitcoin.com NYSE Welcomes Morgan Stanley’s MSBT Launch as First Spot Bitcoin ETF Issued by a Major US Bank

Bank-backed bitcoin ETFs are accelerating institutional adoption and strengthening market credibility. The NYSE marked a new milestone as Morgan Stanley Investment Management rang the closing bell and celebrated the launch of MSBT, which the NYSE described as the first spot bitcoin ETF by a major U.S. bank. Key Takeaways: NYSE welcomed Morgan Stanley as MSBT […]

blockonomi.com Bitcoin Correlation to Nasdaq Breaks Down as BTC Price Signals Potential Shift

TLDR: Bitcoin correlation with Nasdaq has dropped to -0.20, marking a rare decoupling phase in 2026 Correlation ranged 0.40–0.70 in 2021-2022, then peaked 0.85 during late 2022 volatility periods Van de Poppe notes Bitcoin averages +45% in 3 months and +370% in 12 months post-correction BTC trades near $74.8K with $42B volume, showing mixed momentum [...] The post Bitcoin Correlation to Nasdaq Breaks Down as BTC Price Signals Potential Shift appeared first on Blockonomi.

blockonomi.com Bitcoin Correlation Nasdaq Breaks Down as BTC Price Signals Potential Shift

TLDR: Bitcoin correlation with Nasdaq has dropped to -0.20, marking a rare decoupling phase in 2026 Correlation ranged 0.40–0.70 in 2021-2022, then peaked 0.85 during late 2022 volatility periods Van de Poppe notes Bitcoin averages +45% in 3 months and +370% in 12 months post-correction BTC trades near $74.8K with $42B volume, showing mixed momentum [...] The post Bitcoin Correlation Nasdaq Breaks Down as BTC Price Signals Potential Shift appeared first on Blockonomi.

bitcoinist.com X Money’s Crypto Ambitions Draw Fire From Senator Over Security Fears

A promise of 6% returns on deposits from a crypto-linked payments platform is raising red flags in Washington — and one senator wants answers. Warren Zeroes In On The Numbers The math doesn’t add up, according to Sen. Elizabeth Warren. With the federal funds rate sitting between 3.5% and 3.75%, X Money’s advertised 6% yield […]

blockonomi.com Schwab Crypto Launches Spot Bitcoin and Ethereum Trading in Phased Rollout

TLDR: Schwab Crypto launches spot Bitcoin and Ethereum trading in phased retail rollout across US clients Service charges 75 basis points per trade while integrating crypto into Schwab brokerage ecosystem Paxos provides OCC-regulated custody and execution infrastructure for Schwab Crypto trading system Schwab plans future expansion into additional cryptocurrencies and crypto transfer functionality support Charles [...] The post Schwab Crypto Launches Spot Bitcoin and Ethereum Trading in Phased Rollout appeared first on Blockonomi.

blockonomi.com Circle Faces Lawsuit Over $280M Drift Protocol Hack Freeze Failure

TLDR: Class action alleges Circle allowed USDC flows after Drift Protocol $280M exploit on Solana Filing claims attackers moved $230M via USDC and CCTP bridge without intervention for hours Drift Protocol halted trading after exploit while ecosystem actors froze portions of stolen assets Hackers routed funds from Solana to Ethereum, using bridges and swaps to [...] The post Circle Faces Lawsuit Over $280M Drift Protocol Hack Freeze Failure appeared first on Blockonomi.

blockmanity.com CLARITY Act Hits Decisive Window: Will Lawmakers Greenlight XRP for Big Money Inflows?

Hits Decisive Window: Will Lawmakers Greenlight XRP for Big Money Inflows? The crypto world is buzzing. The is now in a . Lawmakers in the US could soon decide the fate of XRP. Will it draw in huge sums from […] The post CLARITY Act Hits Decisive Window: Will Lawmakers Greenlight XRP for Big Money Inflows? appeared first on Blockmanity.

news.bitcoin.com Crypto Miner HIVE Targets $75 Million Offering to Fund AI Expansion

HIVE Digital is seeking to raise $75 million through exchangeable notes to fund data centers and artificial intelligence (AI) infrastructure. The move comes as the company expands beyond crypto mining into high-performance computing. HIVE Raises Capital for AI and Data Centers HIVE Digital Technologies is preparing to raise $75 million through a private offering of […]

bitcoinist.com The 60/40 Portfolio Is Failing Again – Bitcoin May Be The Unlikely Fix

Bitcoin has pushed back above $70,000 and is now testing resistance near $75,000, riding a wave of risk appetite that has sent equities sharply higher across global markets. The move looks straightforward on the surface — risk is on, assets are rallying, and Bitcoin is participating. But an XWIN Research Japan analysis argues that what […]

bitcoinist.com A Return To Bullishness: XRP’s ETF Volumes Balloon As Institutions Take The Bait

XRP ETF activity is intensifying, and the numbers suggest institutional capital is beginning to engage more aggressively with the asset. A recent surge in trading volume across several XRP-linked exchange-traded funds has been highlighted by BankXRP, showing that activity across multiple issuers has expanded rapidly. XRP ETF Trading Activity Surges Past $26 Million Fresh trading […]

blockonomi.com Crypto News Today: Pepeto Eyes Binance Listing While Solana and Zcash Build Momentum

The crypto news today turned bullish fast. Solana posted $1.1 trillion in on-chain activity during Q1 2026, a 6,500% jump from the prior quarter per Artemis data, yet SOL still trades near $83.83 while sitting 71% below its all-time high. Zcash gained 45% in seven days as privacy coin demand exploded after Foundry Digital launched an [...] The post Crypto News Today: Pepeto Eyes Binance Listing While Solana and Zcash Build Momentum appeared first on Blockonomi.

news.bitcoin.com The Translation Layer: Why AI Is Necessary to Scale Decentralized Finance

The emergence of artificial intelligence (AI) agents in decentralized finance signals a transition into an autopilot era. Jacob C. of Coinfello argues that these agents fundamentally enhance how users interface with complex smart contracts. Key Takeaways: AI agents like Coinfello automate DeFi tasks once reserved for hedge funds to manage 24/7 market risks. Jacob C. […]

news.bitcoin.com DAZN to Embed Blockchain-Backed FIFA Prediction Market in World Cup 2026 Live Streams

Sports streaming platform DAZN will integrate ADI Predictstreet – FIFA’s first-ever official prediction market partner and a blockchain-backed forecasting platform licensed in Gibraltar – directly into its livestreams ahead of the 2026 FIFA World Cup, the companies announced Monday from Zurich. Key Takeaways: DAZN inks second prediction market deal in three months, integrating ADI Predictstreet […]

bitcoinist.com Massive XRP Adoption Trend Paints The Most Bullish Picture Yet

Most investors tracking XRP are watching the wrong screen. XRP’s price action has struggled to show the scale of what has been building around Ripple, RLUSD, and the XRP Ledger. The price action is full of red monthly candles while a much broader institutional foundation is being assembled underneath it. That disconnect is what enthusiast […]