Plus: Meme token frenzy marks the top?

The Bitcoin price is currently showing bearish signs below the $28,000 resistance zone and is trading below $27,800 and the 100-hourly Simple Moving Average. A connecting bearish trend line forms with resistance near $27,650 on the hourly chart of the BTC/USD pair, and immediate resistance is near the $27,650 level and the trend line. The next major resistance sits near the $28,000 zone, and a close above it could start a decent increase. On the downside, immediate support is near the $27,100 level, followed by $27,000, and any more losses could take Bitcoin toward $26,500 and $26,000. The hourly MACD is gaining pace in the bearish zone, and the RSI for BTC/USD is below the 50 level. (newsbtc)

Another Bitcoin whale, an investor who holds more of the cryptocurrency than most, has reawakened after not having transacted for nearly 12 years. The investor, who moved 400 Bitcoin (worth nearly $11m at current prices), made a single transaction moving 360 BTC ($9.8m) to one wallet and the remaining 40 BTC to various other locations. This follows similar movements by Bitcoin whales in recent weeks and months, indicating that these investors are increasingly active. Although large movements of cryptocurrency do happen regularly, it is rare for an investor who hasn’t budged their coins in a decade to make such a large transaction. Bitcoin’s value is up more than 40,000% in the past 10 years. Those who hold onto their cryptocurrency for long-term tend to make higher profits than inexperienced retail investors who buy and sell in the short-term. The price of Bitcoin currently stands at about $27,280, down more than 10% in the past week and 1.3% in the past 24 hours.

Data privacy has become a growing concern as our lives become increasingly digital. The current centralized internet architecture often results in a concentration of power and control over user data in the hands of a few large corporations.

One of the biggest challenges facing the blockchain and crypto space is the lack of interoperability of different blockchains and their respective assets.

Bitcoin outflows of $53 million helped snap a six-week run of inflows to digital asset investment products, according to CoinShares. 

April 24 (Cointime) - According to Whale Alert, a dormant address containing 1,000 BTC (27,456,958 USD) has just been activated after 12.0 years and transferred 400 Bitcoin.

An elderly couple in the UK lost £80,000 (roughly $100,000) in a cryptocurrency scam falsely linked to UK financial expert Martin Lewis. The scammer convinced the couple to invest in Bitcoin through a series of transactions using FinTech platforms Revolut, Wise, and Binance. The couple made 14 transactions, with their “investment” purportedly doubling in value within four weeks. However, when they attempted to withdraw their funds, they were asked to pay £10,000 for capital gains tax, at which point they realized they had been scammed. Both Barclays and Revolut allegedly refused to reimburse the lost funds. The story highlights the importance of verifying investment opportunities' legitimacy and financial firms' legitimacy before making transactions. Martin Lewis's website, MoneySavingExpert.com, as well as Barclays and Revolut, have urged consumers to remain vigilant and conduct thorough research before investing.

Ethereum’s Shapella brings investor inflows of US$17m, Bitcoin sees profit taking.