Here are some of the top crypto news stories for today:
Market Updates
- Bitcoin Price: Bitcoin traded at $85,287 on Saturday, with a market capitalization of $1.69 trillion. Analysts are forecasting significant volatility for Bitcoin, with some predicting a crash and others a rally.
- Altcoin Performance: Solana's open interest jumped 10% as whale activity hints at a potential price rally. Ethereum's price is eyeing a $3,000 rally after Arizona's SB 1373 sparked $91 million in exchange withdrawals.
Regulatory News
- Oregon Lawsuit: Oregon's Attorney General plans to file a lawsuit against Coinbase, similar to the SEC's dismissed case, alleging regulatory violations.
- Stablecoin Bill: A stablecoin bill is being debated, with some arguing it could create a national monopoly and others seeing it as a necessary step for regulation.
Industry Insights
- Institutional Investment: Institutional investment and Bitcoin ETFs have accelerated the four-year Bitcoin halving cycle, despite growing uncertainty fueled by global trade wars.
- Crypto Adoption: Charles Schwab, with $10 trillion in assets under management, is looking to launch crypto trading services for its clients by April 2026 ¹ ² ³.
Other News
- Dogecoin: Dogecoin holders are celebrating "Dogeday" on 4/20 as ETF decisions from the SEC approach.
- Abraxas Capital: Abraxas Capital acquired nearly $250 million in Bitcoin ahead of Easter, signaling continued accumulation by crypto firms and whales ¹
