Tag: Crypto

More Than 70% Of Crypto Investors Think Bitcoin Is Undervalued

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More than 70% of crypto investors believe that Bitcoin (BTC) is undervalued, according to a recent Global Investor Survey conducted by Coinbase and Glassnode. The survey found that 82% of institutions and 70% of non-institutions classify the market as a late bear cycle markdown phase, while onchain indicators suggest BTC is entering a “value-accumulation zone.”  Bitcoin is in a late bear phase as undervaluation persists Coinbase Institutional Research surveyed 91 global investors between March 16 and April 7, including 29 institutions and 62 non-institutions. The responses show a sharp shift…

Crypto bottom may be in sight but recession risk clouds the outlook: Coinbase

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After a turbulent start to the year, there are tentative signs that the worst may be behind crypto markets, according to a joint report issued by Coinbase Institutional and Glassnode. However, with the IMF cutting its global growth forecast to 3.1% and Oxford Economics warning of a potential recession scenario as severe as 1.4% GDP growth, the firms stopped short of an outright bullish call. “Our outlook on crypto markets is neutral for 2Q26. The persistent and elevated levels of uncertainty surrounding the current geopolitical landscape make it extremely challenging…

Canada Proposes Crypto ATM Ban to Tackle Scams, Money Laundering

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The Canadian government has proposed banning Bitcoin and other crypto ATMs, arguing the machines have become a primary on-ramp for fraudsters and money launderers rather than a convenient access point for everyday users. The government’s Spring Economic Update 2026, published on April 28, says crypto ATMs are a “primary method for scammers to defraud victims and for criminals to place their cash proceeds of crime,” and explicitly states that the government “proposes to ban crypto ATMs.” The proposal states that Canadians will still be able to buy virtual currencies from…

Robinhood Q1 crypto revenue falls 47% amid global retail activity decline

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Robinhood’s Q1 crypto revenue dropped 47% to $134 million as global retail crypto activity fell 11% year-over-year to $979 billion. The Bitcoin dip to $60,000 in April market, tied to geopolitical tensions and macroeconomic instability, prices in a higher likelihood of a bearish outcome. Market reaction The long-term market for Bitcoin reaching $200,000 by December 31, 2026 sits at 4.8% YES. Even with a 15% expected market move, odds haven’t budged over the past week, pointing to entrenched bearish sentiment. Why it matters Crypto markets here are thinly traded. Only…

Crypto Projects Shut Down as Token Models Fail Under Pressure

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A wave of crypto shutdowns is unfolding across the industry this year, hitting projects from trading platforms to analytics tools. April was no exception, as decentralized email service Dmail said it is shutting down due to high infrastructure costs, failed fundraising and weak token utility. “In prior cycles, projects could extend runway through new issuance or venture support,” Roshan Dharia, a restructuring advisor and CEO of crypto holding company Echo Base, told Cointelegraph. “That path is largely closed, so losses are being recognized earlier, and outcomes are more often wind…

Canada Moves Closer to Banning Crypto Political Donations

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Canada is moving closer to banning political donations made in cryptocurrency, as lawmakers in Ottawa tighten rules around how money flows into elections. That’s after a proposed law — Bill C-25, the Strong and Free Elections Act — passed a second reading in the House of Commons on Friday. The vote signals that lawmakers support the bill in principle and will now study it in detail at committee, where amendments can still be made. The legislation would prohibit political parties and candidates from accepting cryptocurrency donations, closing what regulators see…

Tennessee Crypto Kiosk Ban Set to Go into Effect July 1

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Tennessee Governor Bill Lee has signed a bill into law that will officially ban the use and installation of cryptocurrency ATMs and kiosks in the southeastern US state, leaving only a matter of weeks for companies to be in compliance. Lee signed Tennessee House Bill 2505 into law on April 13, making the installation of a cryptocurrency kiosk a Class A misdemeanor starting on July 1. The reclassification of the machines as illegal under state law would potentially put operators and businesses hosting the machines at risk of up to…

1 in 3 Crypto Traders Cut Spending Amid Market Slump: Survey

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The recent crypto market downturn has forced more than one in three crypto traders to cut everyday spending, according to a new survey by CEX.IO. The survey, conducted among 1,100 US-based active CEX.IO users, shows the current market slump is straining household finances, though it remains less severe than 2022, when Bitcoin fell by roughly 75% from its peak. Bitcoin is still about 40% below its October 2025 high, leaving many retail investors sitting on unrealised losses. 36% of respondents said they reduced everyday spending as a direct result of…

BIS warns crypto exchanges acting as “shadow banks,” raising systemic risk concerns

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The Bank for International Settlements (BIS) has warned that crypto exchanges are acting as “shadow banks,” raising concerns over systemic risks without regulatory safeguards. The market for stablecoins depegging before 2027 sits at 3% YES. The BIS report could lead traders to question the stability of the crypto ecosystem, especially with the FTX collapse still recent history. The stablecoin depeg market is priced at 3% YES, a measured response from traders. The odds have increased, driven by concerns over unregulated crypto financial activities. The price of Bitcoin remains unaffected by…