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Showing posts from April, 2025

Bitcoin Active Addresses Surge Past 800K – New Wave Of Demand Incoming?

Bitcoin is currently trading around the $95,000 mark, with bulls struggling to reclaim higher prices after last week’s surge. BTC has been consolidating just below the critical $96K resistance level, and the next few trading sessions are likely to determine whether a decisive breakout or a breakdown will follow. Market sentiment remains cautiously optimistic, but risks are mounting. If Bitcoin fails to push higher soon and loses the $90,000 support zone, analysts warn that a sharp drop toward lower levels could quickly unfold. Holding above $90K is crucial for sustaining bullish momentum and preventing a deeper correction in the short term. On-chain data adds an interesting layer to the current market dynamics. According to IntoTheBlock, the number of active Bitcoin addresses spiked sharply yesterday, reaching over 800,000. While still below historical highs, this surge signals a notable increase in activity, which is often an early indicator of renewed market demand and growing part...

Dogecoin’s Journey To Its Current Peak Hinges On This Pivotal Price Level

As Monday drew to a close, the general crypto market witnessed a slight retracement in bullish momentum, causing Dogecoin ‘s price to drop briefly to the $0.174 support level. Despite the short pullback, optimism remains within the sector toward DOGE’s future performance, with several crypto analysts predicting massive price upswings in the short term. A Key Level Dogecoin Must Reclaim To Push Higher Dogecoin may have experienced a brief retrace, but the overall picture paints a more significant upward performance ahead for the dog-themed meme coin . However, DOGE must overcome key resistance levels to fuel this anticipated huge rally. In his recent analysis shared on the X platform, Ali Martinez, a seasoned technical and on-chain expert, has predicted a potential rally for Dogecoin to its current all-time high of $0.74. While the analyst foresees a significant upswing in price, he has underlined a crucial aspect in the journey back to the peak. Looking at his chart, the meme coin...

Bitcoin Addiction? Michael Saylor Buys 15,355 BTC More

Strategy has bought 15,355 Bitcoin tokens at a cost of $1.42 billion, its second huge acquisition in two straight weeks. The executive chairman of the company, Michael Saylor, revealed the acquisition via social media Monday. The move further solidifies Strategy as the biggest corporate holder of the cryptocurrency, with its current holding now standing at 553,555 Bitcoin worth about $52 billion. Strategy Shells Out Premium Price For New Bitcoin Haul Strategy purchased the newest Bitcoin at an average price of $92,737 per coin, based on Saylor’s declaration. This is well above their total average cost of $68,459 per BTC. The acquisition is coming after what looks to be a monthly cycle where Strategy conducts its largest purchases towards the tail-end of every month. $MSTR has acquired 15,355 BTC for ~$1.42 billion at ~$92,737 per bitcoin and has achieved BTC Yield of 13.7% YTD 2025. As of 4/27/2025, we hodl 553,555 $BTC acquired for ~$37.90 billion at ~$68,459 per bitcoin. http...

Bitcoin’s Next Euphoria Phase On The Horizon As BTC Holders Celebrate Growing Supply In Profit

Since the crypto market shifted towards positive territory, Bitcoin , the largest digital asset, has maintained a bullish stance during this period, igniting hopes of a continued bull market phase. Following the renewed upward trend, several factors of BTC’s market dynamics are beginning to see positive results, such as the overall supply in profit. Market Euphoria Brewing With Bitcoin Profitability Rise Bitcoin is continuously capturing market attention as bullish momentum builds. With BTC’s price maintaining an upward performance, Kyle Doops, an on-chain expert and host of the Crypto Banter show, has outlined a notable shift in its market dynamics. Specifically, Kyle Doops reported that the percentage of BTC’s overall supply held in profit has increased alongside the recent price rally, which is a classic precursor to heightened investor excitement. Historically, momentum has accelerated, and prices have frequently reached parabolic territory when most Bitcoin holders are sittin...

Bitcoin Short-Term Balances Surge – Relief Rally Or Something Bigger?

Bitcoin is trading slightly above $95,000 as the new week kicks off with rising expectations. After months of volatility and uncertainty, BTC has started to show signs of strength, breaking above the critical $90K mark — a major pivot zone for market sentiment. Bulls are now in short-term control, fueling hopes for a larger recovery rally. However, caution remains high as global trade tensions between the US and China continue to create an unstable financial backdrop. One of the most notable developments is Bitcoin’s changing behavior relative to US equities. For the first time in months, BTC appears to be decoupling from traditional markets, a shift analysts believe could trigger an aggressive surge if current levels hold. The price action over the next few days will be crucial in defining Bitcoin’s short-term and medium-term trend. Supporting the bullish case, data from IntoTheBlock reveals a significant increase in short-term traders’ balances last week, pointing to renewed specul...

Ripple ‘Making Up For Lost Time’ After SEC Battle, Says Lawyer

Ripple’s aggressive expansion strategy following its prolonged legal battle with the US Securities and Exchange Commission (SEC) is being interpreted as a decisive bid to regain lost momentum. Pro-XRP attorney John E Deaton, a prominent figure within the XRP community, commented via X, stating, “I agree with Chamath [Palihapitiya]. I also believe Ripple’s $1.25 billion acquisition of Hidden Road as possibly the best example of the convergence of TradFi and DeFi in all of crypto.” Ripple Rebounds After SEC Battle Hidden Road, a prime brokerage firm processing over $3 trillion annually across more than 300 institutional clients, is now incorporating the XRP Ledger (XRPL) for post-trade settlement processes . This integration is expected to result in a radical compression of settlement times, reducing the traditional 24-hour window to a rapid 3–5 seconds. The recently launched RLUSD stablecoin will act as collateral in this system, effectively bridging digital assets with traditional ...

What’s Going On With The Dogecoin Price?

With the broader crypto market witnessing a bullish reversal, the Dogecoin price is again looking to reclaim the psychological $0.2 level . Crypto analysts such as Master Kenobi have suggested that the leading meme coin is primed to reach new highs.  Dogecoin Price Ready To Breakout From Falling Wedge  In an X post , crypto analyst Trader Tardigrade stated that the Dogecoin price is showing a breakout from a falling wedge. This came as he revealed that a bullish cross has occurred on the Stochastic Relative Strength Index (RSI) biweekly chart. His accompanying chart showed that DOGE could break above the $0.2 price level on this move.    Interestingly, in another X post, Trader Tardigrade predicted that the Dogeocoin price could soon outperform the Bitcoin price. The analyst revealed that the current On-Balance Volume (OBV) pattern on the DOGE/BTC chart mirrors the previous one. He added that this pattern emerged just before the leading meme coin outperform...

Dogecoin Renewed Upward Trend To Continue? Bullish Cross Emerges On DOGE Chart

Popular digital asset and the largest dog-themed meme coin, Dogecoin , has notably shifted toward positive territory following the resurgence of the general crypto market over the past few days. With current bullish price action upholding, DOGE continues to make key moves that hint at a possible extension of the ongoing upward trend.  Bullish Signal For A Dogecoin’s Continued Rally Dogecoin’s recent price action is showing signs of life as the meme coin continues to push higher toward key resistance levels. In addition, DOGE has flashed a bullish crossover that is likely to bolster its renewed upward momentum in the upcoming days. In an X (formerly Twitter) post , Trader Tardigrade, a market expert and investor, outlined a crucial move in DOGE’s 2-week time frame chart. After delving into the present price performance, Trader Tardigrade highlighted that the meme coin has made a bullish cross on the Stochastic Relative Strength Index (RSI). Typically, this bullish cross is seen ...

Crypto Powers Next-Gen Mystery Boxes (No NFTs Involved)

As Web3 and online shopping evolve and collide, a new trend is attracting attention: purchasing mystery boxes directly with crypto. And no, we’re not talking about NFTs. The way it works is, some platforms now let you buy mystery or loot boxes with major cryptos like $BTC and $ETH. You can then unwrap genuine, real-world prizes (from Apple and Rolex products to crypto mining equipment ) for a fraction of the price. With e-commerce growing by a 31% CAGR and the crypto market by 11.1% , mystery boxes could be the next big crossover between online retail and blockchain tech. Loot Box Market Set to Surge 35% to $20B+ The concept of mystery boxes isn’t new, but it’s attracting greater demand than ever. According to Statista, loot boxes could  generate $20.3B in revenue this year , a ~35% spike compared to the market’s estimated $15B in 2020. North American consumers are fueling the appetite for loot boxes. In 2025, they’re expected to spend over $5.2B on mystery boxes in the hope ...

Cardano Founder Eyes $3–$10 ADA On Big Breakthrough

Cardano creator Charles Hoskinson has warned that the blockchain’s decade-long experiment in decentralized governance could stumble unless holders approve a “package” budget that keeps his company, Input Output Global (IOG), at the center of the protocol’s next growth phase—a phase he believes could propel ADA to between $3 and $10. Speaking during a livestream on the weekend, the visibly hoarse founder told viewers that he has “drawn a line in the sand” after spending the past five years “working for free” on Cardano-core code. The livestream was triggered by fierce debate over a treasury-funded interim budget that must be reconciled by elected delegate representatives (DReps) before the network’s first on-chain fiscal year closes. “We say, hey, 50, 60, 70 million [ADA] and it could double, triple, quadruple the size of the ecosystem,” Hoskinson said. “We could be looking at $3 ADA, $5 ADA, $10 ADA.” Hoskinson argued that Cardano can only stay relevant if the community backs a coh...

Shiba Inu Price Poised For Massive 17X Explosion As SHIB Hits Prime Buy Zone

Shiba Inu’s price action has been mostly quiet in the past few weeks, but this could be changing soon with an explosive move. A recent analysis by CryptoELlTES on the social media platform X pointed to a massive 17X move for the Shiba Inu price. The analyst shared a chart highlighting how Shiba Inu is currently positioned within a powerful technical pattern, showing that the cryptocurrency is in a strong buy zone and on the brink of a significant breakout. Shiba Inu Locked In Long-Term Bullish Structure, Targets $0.00023 According to the chart posted by CryptoELlTES, Shiba Inu is trading within a narrowing symmetrical triangle, a pattern often associated with explosive breakouts once price action compresses enough. This chart formation encapsulates Shiba Inu’s price action on a multi-year timeframe, starting from when it reached its current all-time high of $0.00008616 in October 2021.  Notably, the chart identifies multiple successful tests of the triangle’s support line, e...

Bitcoin Eyes $124,000 As Golden Ratio Signals More Gains Ahead – Details

Prominent crypto analyst Burak Kesmeci has tipped Bitcoin (BTC) to hit a price target of $124,000 based on data from the Golden Ratio Multiplier price model. This bullish prediction comes after an impressive price surge in the past week, hinting that the premier cryptocurrency may have more room for immediate price growth. Can Bitcoin Return To 1.6x Accumulation Peak Target?  In an X post on April 26, Burak Kesmeci shared the latest updates on the Bitcoin Golden Ratio Multiplier price model, referencing data from Bitcoin Magazine Pro. For context, the Golden Ratio Multiplier model uses moving averages and Fibonacci ratios to help identify when BTC might be overvalued or undervalued, thereby signaling possible market tops or good accumulation opportunities.  According to the chart below, Bitcoin has recently retested the 350 daily moving average (350DMA) at $77,000. As the name implies, the 350DMA tracks BTC’s average price over the last 350 days and acts as a key support ...

Dogecoin Flashes Multiple Bullish Flags All Pointing To $1

The dream of seeing Dogecoin trade at $1 remains alive among its community of loyal investors, even as the meme coin continues to struggle below the $0.20 mark. Despite the relatively low current price, positivity has returned to Dogecoin in recent days, with the cryptocurrency climbing 2.1% over the past 24 hours and registering a 17% surge in the past seven days. Some analysts believe that Dogecoin may be setting the stage for a much larger rally that could bring the long-awaited $1 target within reach, citing technical setups that are flashing bullish signals. Analyst Identifies Bull Flag Pattern That Could Spark A Breakout According to crypto trader Kamran Asghar, Dogecoin has developed a classic bull flag pattern on its weekly candlestick timeframe chart. This technical formation is typically seen as a continuation pattern, signaling the likelihood of a breakout to the upside. Asghar’s chart indicates that a successful breakout from the flag could trigger a sharp move towar...

Bitcoin Bullish Pattern Points To $103,000 Target – Details

The prices of Bitcoin moved by 12% in the past week, in line with a steady demand for the premier cryptocurrency. While there has been some price retracement in the last day, bullish sentiments remain high with market expectations of a further price appreciation. Bitcoin Bullish Flag Signals More Gains Ahead Following Bitcoin’s recent price surge, X market analyst Titan of Crypto reports that a clear bull flag has emerged on the 4-hour chart, suggesting a strong potential for a sustained price rally. The bull flag pattern, which signals continuation, consists of a sharp rise — the “flagpole”, as seen when BTC prices moved from $83,000 to $94,700 between April 20 – April 23. Thereafter, this is followed by a period of consolidation with downward-sloping, parallel trendlines, resembling a flag on the pole. This range-bound movement was seen as BTC moved between $91,800 – $94,700 between April 23-24. The flag usually precedes a breakout to new highs, provided the bullish momentum rem...

Bitcoin Coinbase Premium Gap Stays Positive For 11 Days – Can Bulls Sustain It?

Bitcoin is now trading above the $94,000 level, showing strong momentum after a sharp recovery from recent lows. Bulls are pushing hard to reclaim the $95,000 mark, a critical level that could signal the continuation of an uptrend toward new all-time highs. However, despite the growing optimism, risks remain elevated as global trade conflicts and macroeconomic uncertainty continue to weigh heavily on financial markets. Conflict between the US and China persists, creating a fragile environment that could quickly impact investor sentiment. Still, Bitcoin has shown resilience, decoupling from traditional markets in recent sessions and maintaining strong price action even as equities falter. According to CryptoQuant data, a key bullish signal is emerging: the Coinbase Premium Gap has stayed positive for 265 straight hours. Historically, a positive premium reflects strong buying pressure from US-based investors, often preceding significant price rallies. This ongoing trend suggests that ...

Cardano Price Can Rally 300% From Here If This Level Breaks

After experiencing months of slow action, the Cardano price is now flashing major bullish signals as it approaches a critical breakout level. Citing historical patterns and recent chart formations, a crypto analyst predicts that Cardano could rally by a staggering 300% if it successfully breaks through key resistance levels.   Cardano Price Poised For 300% Rally Crypto analyst Javon Marks has shared a new Cardano price forecast on X (formerly Twitter), predicting a massive 300% rally. Currently ADA is trading within a Falling Wedge pattern , setting the stage for another potential move upwards. The analyst has highlighted a series of repeating wedge patterns on the ADA price chart over the past few years. Historically, Cardano has displayed a recurring setup where price action moves within a Falling Wedge formation — a technical chart pattern typically associated with bullish reversals.  The chart shows three distinct Falling Wedge formations between 2023 and 2025...

Dogecoin Sets Sight On A New All-Time High – Here’s Where This Major Rally Will Begin

Dogecoin’s recent upward trend witnessed a brief setback on Thursday as its price dropped to levels below $0.17. However, the dog-themed meme coin has regained its footing and has rebounded slightly above $0.18 within hours, reflecting its robust resilience. With DOGE showing notable upside momentum, many enthusiasts continue to point to an extension of the ongoing rally to higher price levels. DOGE Gearing Up For A Bigger Rally At the time of writing, DOGE’s price has risen to the $0.18 mark with a strong rebound. Meanwhile, Memecrypto, a crypto analyst and trader, claims that Dogecoin looks like it might be starting something bigger from the current $0.18 level. According to the expert, Dogecoin ‘s momentum is not random and structure is building naturally, indicating a breakout from consolidation. This breakout is observed through the lens of momentum and Exponential Moving Averages (EMAs). In the meantime, the next key resistance is located at $0.24, and a push to the area c...

Bitcoin Eyes $96K Resistance As STH Take Profits – Can Demand Hold Up?

Bitcoin is currently trading above $93,000, showing strength after weeks of volatility and consolidation. The latest breakout suggests bulls are gaining control, with momentum leaning toward a continued push higher. However, macroeconomic uncertainty continues to cloud market sentiment, with analysts split on what’s next. Some believe this marks the beginning of a recovery phase, while others warn that the worst of the correction may still lie ahead. Adding to the mixed signals, new data from CryptoQuant reveals that short-term holders—those who have been underwater for the past three months—are now actively selling their coins. This wave of profit-taking appears to have temporarily stalled Bitcoin’s upward trajectory, acting as resistance just as bulls attempt to reclaim the $95K–$100K zone. Historically, this type of selling activity from short-term holders tends to occur during moments of fragile optimism, potentially slowing growth until stronger conviction returns. For now, all ...

Bitcoin Massive Spike In Long Positions Raises Red Flag, On-Chain Platform Warns

While the general crypto market is slowly turning bearish, Bitcoin continues to hold above key support levels, which previously acted as strong resistance a few days ago. BTC’s renewed uptrend has attracted significant interest among investors, as observed by a rise in bullish bets, but the future may not be all promising. Bullish Bets On Bitcoin’s Climb Pose Risk Bitcoin’s long positions have risen sharply following the recent upswing in the asset’s price, indicating strong conviction in its prospects. Advanced investment and on-chain data platform Alphractal reported the shift in sentiment among institutional and retail investors. According to the platform, large long positions have dominated the crypto exchanges for the last three months. This notable rise in long positions suggests that investors and traders are heavily confident about the ongoing trend and are betting on a rally in the near term. While this development is pivotal for BTC’s current market dynamics, Alphracta...

Crypto’s Dark Side: $9 Billion In Scam Losses Rock The US In 2024—FBI

Crypto scams hit an all-time high in 2024, with Americans losing a whopping $9.32 billion to digital currency scams, a new FBI report released on Monday showed. The losses are a 66% increase from last year’s and account for over half of all cybercrime losses across the country. The FBI’s Internet Crime Complaint Center (IC3) reported almost 150,000 crypto-related complaints as part of its yearly review of online criminality. Older Americans Lose Billions To Digital Currency Fraud Americans over 60 have become prime targets for cryptocurrency scammers. The FBI report shows that complaints from senior citizens surged 96% in 2024, with 33,36 reports filed compared to 16,96 in 2023. These older victims lost $2.84 billion to crypto fraud schemes, an increase of 71% from the previous year. Younger age brackets were not left behind either. According to FBI statistics, under-20 victims filed 1,819 reports with losses worth $7.77 million. Americans aged between 20-29 years old reported s...