Bitcoin maintained a stable value around $84,000 this week. The CoinDesk 20 index, representing about 80% of the market, increased by approximately 4% over the past seven days. A technical glitch at AWS led to a significant portion of the crypto market going offline, underscoring the vulnerabilities within the supposedly decentralized economy. The project Mantra, which focuses on real-world assets, experienced a drastic 90% drop in value, attributed to forced liquidations by exchanges. EigenLayer introduced a new slashing feature aimed at enhancing security. OKX, a major exchange, plans to set up a regional headquarters in California following a $500 million settlement with the SEC. Kraken announced layoffs of hundreds of employees in anticipation of an upcoming IPO. Coinbase faced controversy over front running linked to a token on its Base L2 platform. Rumors circulated about Binance potentially delisting Zcash, amid a broader decline in privacy coin values.
chad.
@chad_ventures
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16h $COIN Weekly Chart Update.Boring week after last week’s strong bullish engulfing candle.
The 0.618 log Fibonacci level still the major support, and confluent with the 200SMA.
Two possible scenarios now:
1) Price gets a hard rejection at this strong resistance zone consisting
Ender News
@EnderNewsio
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17h **A Quiet Week in Crypto Markets Despite Setbacks and Developments**Despite Bitcoin’s stable price and a modest market gain, key events revealed ongoing issues and trends in crypto.• Bitcoin stable at $84k with a 4% rise in the CoinDesk 20 index, but AWS tech issues exposed
joshua
@_joshuuu
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Apr 13 Completely neutral across the board right now.A lot of big liquidity pools have been swept and I think it would be healthy for price to get some sort of consolidation/retracement first before we get proper moves again.That would also align with the economic calender, no major
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